{
  "title": "Cambodia: 2025 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Cambodia",
  "publication": "IMF Staff Country Reports, December 2, 2025",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2025/12/02/cambodia-2025-article-iv-consultation-press-release-staff-report-and-statement-by-the-572210",
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  "summary": "The 2025 Article IV Consultation discusses that Cambodia’s economy continued to accelerate in 2024, and growth reached 6.0 percent, bolstered by a strong rebound in garment and agricultural exports and a continued recovery in tourism. Economic growth is projected to decelerate to 4.",
  "publishDate": "2025-12-02",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Macroeconomic outcome and near-term outlook",
      "content": "- Cambodia’s economy continued to accelerate in 2024, and growth reached 6.0 percent, bolstered by a strong rebound in garment and agricultural exports and a continued recovery in tourism.\n- Economic growth is projected to decelerate to 4.8 percent in 2025 and further to around 4.0 percent in 2026.\n- The downward revision from the 2024 Article IV staff report reflects remittance losses and a tourism slowdown, which are expected to weigh on domestic demand."
    },
    {
      "heading": "External sector and trade",
      "content": "- Tariff effects will lower export earnings as manufacturers face margin pressures.\n- Trade policy uncertainty could further disrupt export growth.\n- A continued recovery in tourism supported 2024 growth, but the sector is expected to slow in 2025, contributing to weaker external demand."
    },
    {
      "heading": "Financial sector and risks",
      "content": "- Risks are tilted to the downside, driven by financial sector vulnerabilities associated with the array of shocks.\n- Renewed border tensions could undermine confidence, amplifying adverse effects on domestic demand, tourism, and financial sector stability.\n- Successful reintegration of returned workers into the domestic labor market could support a stronger recovery in domestic demand."
    },
    {
      "heading": "Key subjects and themes covered",
      "content": "- Exports\n- External debt\n- Financial sector policy and analysis\n- Financial sector stability\n- International trade\n- Public debt\n\n---\n\n Content in this bundle\n\n- 1khmea2025002 Source Pdf\n  - 1khmea2025002 Source Pdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1khmea2025002 Source Pdf (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2025/12/02/cambodia-2025-article-iv-consultation-press-release-staff-report-and-statement-by-the-572210"
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    "Published: December 2, 2025",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798229027755.002",
    "Cambodia’s economy continued to accelerate in 2024, and growth reached 6.0 percent, bolstered by a strong rebound in garment and agricultural exports and a continued recovery in tourism.",
    "Economic growth is projected to decelerate to 4.8 percent in 2025 and further to around 4.0 percent in 2026.",
    "The downward revision from the 2024 Article IV staff report reflects remittance losses and a tourism slowdown, which are expected to weigh on domestic demand.",
    "Tariff effects will lower export earnings as manufacturers face margin pressures.",
    "Trade policy uncertainty could further disrupt export growth.",
    "A continued recovery in tourism supported 2024 growth, but the sector is expected to slow in 2025, contributing to weaker external demand.",
    "Risks are tilted to the downside, driven by financial sector vulnerabilities associated with the array of shocks.",
    "Renewed border tensions could undermine confidence, amplifying adverse effects on domestic demand, tourism, and financial sector stability.",
    "Successful reintegration of returned workers into the domestic labor market could support a stronger recovery in domestic demand.",
    "Exports",
    "External debt",
    "Financial sector policy and analysis",
    "Financial sector stability",
    "International trade",
    "Public debt",
    "**1khmea2025002 Source Pdf**"
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