Cambodia’s Total Public Debt is US$9.49 Billion

• 11 March 2022
• Local News
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As of the end of 2021, Cambodia’s total public debt was US$9.49 billion, representing public external debt mainly used for public infrastructure development, according to the Cambodia Public Debt Statistical Bulletin dated 25 February.

In 2021 alone, the Cambodian government signed concessional loan agreements with development partners for a total of US$905 million, accounting for 43% of the debt ceiling of SDR 1,500 million.

The purpose of the borrowing is to finance public investment projects in the priority sectors that support long-term sustainable economic growth and increase economic productivity/production.

Of all loans, infrastructure accounted for 72% while the rest 28% went to other priority sectors.

Overall, the loans are highly concessional with an average grant element of 50%.

Accumulatively, from 1993 to the end of 2021, the Cambodian government has signed concessional loan agreements with development partners for US$15.55 billion. 83% and 17% of which covered infrastructure and other priority sectors, respectively.

• Economy and Finance