Cambodia Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Cambodia's credit to gdp was 137.68% in 2025, ranked 8th globally. This represents a 10.4% increase from 2024. Data from World Bank, covering 1993–2025.
Overview
Cambodia's credit to gdp stood at 137.68% in 2025, a rise of +13.02% from 2024. Based on recent trends, this figure is projected to reach 137.68% by 2025. Cambodia ranked 8th globally.
Cambodia’s credit to GDP ratio has risen dramatically over the 33‑year series, expanding from a trough of 2.37 in 1993 to an all‑time peak of 137.68 in 2025, the eighth‑highest level worldwide. The acceleration accelerated after the early 2000s, reflecting liberalised financial reforms and a surge in private sector borrowing that has outpaced the growth of the domestic economy. By 2025 the ratio slightly exceeds that of Denmark (136.76) and lies just below Thailand’s 146.29, placing Cambodia among the most leveraged emerging markets alongside Viet Nam, whose 2025 figure stands at 143.43. The rapid credit expansion has supported robust investment cycles but also raises concerns about debt sustainability, especially if external shocks curtail export earnings. Continued tightening of prudential regulations and diversification of financing sources will be crucial to temper the upward trajectory and preserve macro‑financial stability.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 147.71% | - | - |
| 2026* trend | 142.69% | - | - |
| 2025* trend | 137.68% | - | - |
| 2025 | 137.68% | +13.02% | #8 |
| 2024 | 124.66% | −5.47% | #113 |
| 2023 | 130.13% | −2.69% | #140 |
| 2022 | 132.82% | +10.97% | #147 |
| 2021 | 121.84% | +18.11% | #147 |
| 2020 | 103.73% | +19.41% | #143 |
| 2019 | 84.32% | +10.51% | #142 |
| 2018 | 73.82% | +8.35% | #131 |
| 2017 | 65.46% | +3.90% | #128 |
| 2016 | 61.56% | +6.07% | #122 |
| 2015 | 55.49% | +8.00% | #113 |
| 2014 | 47.48% | +7.50% | #94 |
| 2013 | 39.99% | +9.45% | #89 |
| 2012 | 30.54% | +7.93% | #69 |
| 2011 | 22.61% | +0.17% | #54 |
Detected Pattern
Analysis
Cambodia matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Cambodia's credit to gdp was 137.68% in 2025. Ranked 8th globally. This represents a 10.4% increase from the previous year.
Cambodia's credit to gdp peaked at 137.68% in 2025.
The lowest credit to gdp in Cambodia was 2.37% in 1993.
Cambodia ranks 8th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Cambodia's credit to gdp is projected to reach 137.68% by 2025 based on trend extrapolation.
The credit to gdp of Cambodia in 2025 was 137.68%. This ranks 8th in the world.
Cite this page
@misc{historysaid_cambodia_credit-to-gdp,
title = {Cambodia Credit to GDP},
url = {https://historysaid.com/cambodia/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}