Cambodia: GDP increase expected for 2023

• Jan 03, 2023

GDP per capita is expected to reach nearly $2,000, while Cambodia’s economic growth is expected to reach 6.6 percent in 2023.

The statement was made by Prime Minister Hun Sen during the groundbreaking ceremony for the construction of a bridge across the Mekong River in Kratie Province on the morning of January 2.

In 2023, the Kingdom will have a surplus of the current budget, especially if Chinese tourists enter the country as China is scheduled to reopen this month. The predicted influx of Chinese tourists will make the Cambodian economy.

The Royal Government expects the Cambodian economy to grow by 6.6 percent in 2023, and the per capita gross domestic product (GDP) is expected to reach $1,924.

The Premier said the revenue from taxes alone for the Kingdom is more than $6 billion.

Source: https://www.khmertimeskh.com/501213048/gdp-increase-expected-for-2023/