Cambodia Economic Update, November 2023
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Washington, DC: World Bank
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This year’s economic activity has
been slower than previously anticipated due to emerging
structural bottlenecks and continued external headwinds.
This has prompted a sense of urgency to address the rising
economic challenges to sustain growth in the short to medium
term. While Cambodia’s structural slowdown started well
before the pandemic, it had been masked for several years by
rapid capital inflows, mainly from China, fueling a
construction boom until COVID-19 hit. The structural
challenges are now exposed, hurtingeconomic activity, which
is also being impacted by global headwinds. Despite a rapid
expansion of public investment in physical infrastructure,
shortcomings in Cambodia’s transportation network and
logistics performance remain, and the country continues to
face high costs and low reliability of energy supply. The
country is ranked low among East Asian countries in terms of
ease of doing business, investment climate, and
competitiveness, due in part to its difficulties in
promoting good governance.
Palabras clave
GOODS EXPORTS, FDI, CROP PRODUCTION, AGRICULTURAL EXPORT, INFLATION