The National Bank of Cambodia (NBC) has revised its 2026 growth forecast to 3.9 percent, a figure that stands in sharp contrast to the more cautious 3.0 percent published by the International Monetary Fund (IMF) earlier this month. The gap between the two institutions reflects the uncertainty weighing on an economy caught between external shocks — energy prices, trade tensions — and domestic fragilities, from the border dispute with Thailand to the crackdown on online scam ne

The Kingdom of Cambodia, faced with a buildup of exogenous shocks, has officially revised downward its economic growth trajectory for the current fiscal year. Set at 5% in the initial 2026 finance law, the GDP growth forecast has been lowered to 4.2% by Prime Minister Hun Manet, as part of the medium-term budgetary framework report published last April. This revision illustrates the persistent fragility of a development model still exposed to external turbulence.

The latest Asian Development Outlook (ADO), published in September 2025 by the Asian Development Bank (ADB), paints a nuanced picture of Cambodia's economic trajectory, oscillating between notable resilience and growing risks that require vigilance and adaptation.