Cambodia Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Cambodia's government debt to gdp was 27.84% in 2025, ranked 158th globally. This represents a 7.5% increase from 2024. Data from IMF WEO, covering 1996–2025.
Overview
Cambodia's government debt to gdp stood at 27.84% in 2025, a rise of +1.94% from 2024. The IMF projects 27.84% by 2025. Cambodia ranked 158th globally.
Cambodia’s government debt-to‑GDP ratio stood at 27.84 % in 2025, placing the country 158th in the global ranking and slightly above Luxembourg’s 27.12 % and below Bulgaria’s 28.42 % for the same year. Over the thirty‑year record span, the ratio fell from a high of 39.78 % in 2003 to a trough of 20.84 % in 2019, reflecting a prolonged period of fiscal consolidation after the early‑2000s debt surge. The post‑trough rebound to the current level suggests that debt financing has resumed modestly, likely to support infrastructure and social spending as the economy recovers from pandemic‑related disruptions. Continued restraint in borrowing, combined with steady growth in revenues, could keep the ratio near the 2025 figure, while any major fiscal stimulus or external shock would be required to shift the trajectory appreciably upward or downward.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 33.06% | - | - |
| 2029* IMF | 32.23% | - | - |
| 2028* IMF | 31.01% | - | - |
| 2027* IMF | 30.10% | - | - |
| 2026* IMF | 29.31% | - | - |
| 2025* IMF | 27.84% | - | - |
| 2025 | 27.84% | +1.94% | #158 |
| 2024 | 25.90% | −0.38% | #26 |
| 2023 | 26.28% | +0.75% | #23 |
| 2022 | 25.52% | −0.42% | #25 |
| 2021 | 25.94% | +0.72% | #22 |
| 2020 | 25.23% | +4.39% | #22 |
| 2019 | 20.84% | −0.25% | #19 |
| 2018 | 21.09% | −1.55% | #24 |
| 2017 | 22.64% | +0.85% | #24 |
| 2016 | 21.79% | −1.47% | #26 |
| 2015 | 23.26% | −0.91% | #28 |
| 2014 | 24.17% | −0.22% | #38 |
| 2013 | 24.40% | −0.46% | #44 |
| 2012 | 24.86% | +1.07% | #51 |
| 2011 | 23.80% | +0.39% | #47 |
Detected Pattern
Analysis
Cambodia matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Cambodia's government debt to gdp was 27.84% in 2025. Ranked 158th globally. This represents a 7.5% increase from the previous year.
Cambodia's government debt to gdp peaked at 39.78% in 2003.
The lowest government debt to gdp in Cambodia was 20.84% in 2019.
Cambodia ranks 158th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Cambodia's government debt to gdp is projected to reach 27.84% by 2025 based on IMF projection.
The government debt to gdp of Cambodia in 2025 was 27.84%. This ranks 158th in the world.
Cite this page
@misc{historysaid_cambodia_government-debt-to-gdp,
title = {Cambodia Government Debt to GDP},
url = {https://historysaid.com/cambodia/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}