Cambodia Projects Economic Growth of 4.8% for 2027 Supported by Key Export Sectors

• Proeksa Meas
• 12 November 2026
• Construction Focus
• 59 Views

Deputy Prime Minister Aun Pornmoniroth outlines macroeconomic forecasts during discussions with the International Monetary Fund, citing lingering regional pressures, policy adjustments, and resilient manufacturing output.

Cambodia’s economic growth is projected to reach 4% in 2026 and 4.8% in 2027, figures that represent a downward revision from earlier assessments due to heavier-than-expected external shocks. The forecast was detailed by Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, during a working meeting with Kenichiro Kashiwase, head of the International Monetary Fund (IMF) mission, on November 2, 2026.

The Deputy Prime Minister explained that the moderated growth stems from compounding challenges, including the Middle East conflict, rising fuel prices, ongoing crackdowns on technological cyber-scam operations, and the continued closure of certain Cambodia-Thailand land border checkpoints. These factors have exerted downward pressure on critical sectors, particularly agriculture, construction, real estate, tourism, and services.

Agriculture has faced additional burdens from El Niño weather patterns, which have reduced cultivated land areas and constrained domestic production capacity. Nevertheless, two major export pillars—the garment manufacturing sector and non-garment manufacturing industries—are expected to maintain solid growth momentum, anchoring national economic expansion through 2027.

In response to these economic headwinds, the Ministry of Economy and Finance announced that the Royal Government has deployed continuous short-term intervention measures to protect household livelihoods and vulnerable populations. These steps include preferential tax concessions on vital imported commodities such as gasoline, diesel, and selected electrical equipment, designed to mitigate inflationary pressures and reduce fossil fuel dependency. Furthermore, the government has adjusted its public fiscal stance to a targeted, growth-supporting fiscal policy aimed at preserving socio-economic stability and sustaining medium-term growth. (read more)

• economics analysis
• Economic development
• MEF
• IMF