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Cambodian economy grows 5.9 pct in H1

Cambodian economy grows 5.9 pct in H1

The Star2 days ago
PHNOM PENH, Aug. 4 (Xinhua) -- Cambodia's economy grew 5.9 percent in the first half of 2025, boosted by manufacturing sector, tourism, and agriculture, the National Bank of Cambodia (NBC) said on Monday.
The Southeast Asian nation's economy heavily relies on garment, footwear, and travel goods exports, tourism, agriculture, and real estate and construction.
The real estate and construction sectors continued to experience sluggish growth during the January-June period this year.
"Growth in the first half of this year has not been significantly affected due to the strength of Cambodia's economic base, as the impact of U.S. reciprocal tariffs and Cambodia-Thailand border dispute still has limit," NBC Governor Chea Serey said in a report.
"The impact may occur in the second half of 2025," she said.
According to the report, the kingdom's inflation stood at 3.5 percent in the first half of this year due to a rise in food prices. However, oil price declined during the period.
The report also said that Cambodia's international reserves increased to 24.8 billion U.S. dollars as of June 2025, securing imports of goods and services for the next 7.5 months.
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