{"id":8188,"date":"2019-08-03T17:39:44","date_gmt":"2019-08-03T08:39:44","guid":{"rendered":"https:\/\/asia-prop.com\/?p=8188"},"modified":"2022-06-11T16:54:22","modified_gmt":"2022-06-11T07:54:22","slug":"cambodia-gdp-growth-rate-7-1-in-2019-by-cambodia-central-bank","status":"publish","type":"post","link":"https:\/\/asia-prop.com\/en\/column\/cambodia-gdp-growth-rate-7-1-in-2019-by-cambodia-central-bank\/","title":{"rendered":"Cambodia GDP growth forecast to be 7.1% in 2019 (Central Bank of Cambodia)"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_36_1 counter-hierarchy ez-toc-counter ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">table of contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table of contents\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;\"><svg style=\"fill: #999999;color:#999999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999999;color:#999999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/asia-prop.com\/en\/column\/cambodia-gdp-growth-rate-7-1-in-2019-by-cambodia-central-bank\/#%E3%82%AB%E3%83%B3%E3%83%9C%E3%82%B8%E3%82%A2%E3%81%AEGDP%E6%88%90%E9%95%B7%E7%8E%87%E3%81%AF2019%E5%B9%B4%E3%81%AB71%E3%81%A8%E4%BA%88%E6%B8%AC%EF%BC%88%E3%82%AB%E3%83%B3%E3%83%9C%E3%82%B8%E3%82%A2%E4%B8%AD%E5%A4%AE%E9%8A%80%E8%A1%8C%EF%BC%89\" title=\"Cambodia GDP growth forecast to be 7.1% in 2019 (Central Bank of Cambodia)\">Cambodia GDP growth forecast to be 7.1% in 2019 (Central Bank of Cambodia)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/asia-prop.com\/en\/column\/cambodia-gdp-growth-rate-7-1-in-2019-by-cambodia-central-bank\/#%E3%82%AB%E3%83%B3%E3%83%9C%E3%82%B8%E3%82%A2%E4%B8%AD%E5%A4%AE%E9%8A%80%E8%A1%8C%E3%81%AF%E8%BC%B8%E5%87%BA%E5%85%A5%E7%B7%8F%E9%A1%8D%E3%81%A8%E8%B2%BF%E6%98%93%E5%9B%BD%E3%82%92%E5%85%AC%E8%A1%A8\" title=\"Central Bank of Cambodia publishes total imports and exports and trading countries\">Central Bank of Cambodia publishes total imports and exports and trading countries<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/asia-prop.com\/en\/column\/cambodia-gdp-growth-rate-7-1-in-2019-by-cambodia-central-bank\/#%E3%82%AB%E3%83%B3%E3%83%9C%E3%82%B8%E3%82%A2%E7%B5%8C%E6%B8%88%E3%81%AE%E6%88%90%E9%95%B7%E3%81%AE%E3%81%9F%E3%82%81%E3%81%AB%E3%81%AF%E8%87%AA%E7%94%B1%E8%B2%BF%E6%98%93%E5%8D%94%E5%AE%9A%E3%81%8C%E5%BF%85%E8%A6%81\" title=\"Free Trade Agreement Needed for Cambodian Economy to Grow\">Free Trade Agreement Needed for Cambodian Economy to Grow<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"%E3%82%AB%E3%83%B3%E3%83%9C%E3%82%B8%E3%82%A2%E3%81%AEGDP%E6%88%90%E9%95%B7%E7%8E%87%E3%81%AF2019%E5%B9%B4%E3%81%AB71%E3%81%A8%E4%BA%88%E6%B8%AC%EF%BC%88%E3%82%AB%E3%83%B3%E3%83%9C%E3%82%B8%E3%82%A2%E4%B8%AD%E5%A4%AE%E9%8A%80%E8%A1%8C%EF%BC%89\"><\/span><span style=\"font-weight: 400;\">Cambodia GDP growth forecast to be 7.1% in 2019 (Central Bank of Cambodia)<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The Central Bank of Cambodia has forecast that economic growth has remained strong so far this year, with gross domestic product expanding by 7.11 TP3T in 2019. A recent report by the Central Bank of Cambodia said economic growth this year will be supported by strong performances in exports, construction, real estate and tourism, although agriculture will slow.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E3%82%AB%E3%83%B3%E3%83%9C%E3%82%B8%E3%82%A2%E4%B8%AD%E5%A4%AE%E9%8A%80%E8%A1%8C%E3%81%AF%E8%BC%B8%E5%87%BA%E5%85%A5%E7%B7%8F%E9%A1%8D%E3%81%A8%E8%B2%BF%E6%98%93%E5%9B%BD%E3%82%92%E5%85%AC%E8%A1%A8\"><\/span><span style=\"font-weight: 400;\">Central Bank of Cambodia publishes total imports and exports and trading countries<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">According to the Central Bank of Cambodia, the country&#039;s total imports and exports reached $17.3 billion in the first half of this year. Exports amounted to $6.8 billion (48.8% of GDP) and imports reached $10.5 billion (73.6% of GDP). Cambodia&#039;s main export destinations were the EU (33.2% of total exports), the US (28%) and Japan (7.7%), with travel goods, textiles, clothing and footwear, bicycles and rice being the main export sub-items. Cambodia&#039;s main import destinations were China (46% of total imports), Thailand (15.6%), Vietnam (13.2%) and Japan (4.5%).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Central Bank of Cambodia Executive Director Chea Serey said economic growth remained strong, supported by growth in the garment and footwear sector, construction and tourism. Inflation was 1.9% in the first half of this year compared to 2.5% in the second half of 2018, the exchange rate was 4,038 riel to the dollar, and international reserves reached $11.1 billion, it said.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E3%82%AB%E3%83%B3%E3%83%9C%E3%82%B8%E3%82%A2%E7%B5%8C%E6%B8%88%E3%81%AE%E6%88%90%E9%95%B7%E3%81%AE%E3%81%9F%E3%82%81%E3%81%AB%E3%81%AF%E8%87%AA%E7%94%B1%E8%B2%BF%E6%98%93%E5%8D%94%E5%AE%9A%E3%81%8C%E5%BF%85%E8%A6%81\"><\/span><span style=\"font-weight: 400;\">Free Trade Agreement Needed for Cambodian Economy to Grow<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image is-resized\"><a href=\"https:\/\/asia-prop.com\/en\/column\/cambodia-investment-outlook-for-2019\/\"><img decoding=\"async\" loading=\"lazy\" src=\"http:\/\/asia-prop.com\/wp-content\/uploads\/2019\/08\/cambodia-1.jpg\" alt=\"Cambodia 1\" class=\"wp-image-8193\" width=\"503\" height=\"333\" srcset=\"https:\/\/asia-prop.com\/wp-content\/uploads\/2019\/08\/cambodia-1.jpg 900w, https:\/\/asia-prop.com\/wp-content\/uploads\/2019\/08\/cambodia-1-300x199.jpg 300w, https:\/\/asia-prop.com\/wp-content\/uploads\/2019\/08\/cambodia-1-768x509.jpg 768w, https:\/\/asia-prop.com\/wp-content\/uploads\/2019\/08\/cambodia-1-150x99.jpg 150w\" sizes=\"(max-width: 503px) 100vw, 503px\" \/><\/a><\/figure>\n\n\n\n<p class=\"has-text-color has-pale-cyan-blue-color\"><a href=\"https:\/\/asia-prop.com\/en\/column\/cambodia-investment-outlook-for-2019\/\">Cambodia investment climate 2019<\/a><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Chea Serey said the Cambodian economy is facing problems due to many external factors, such as increased competition abroad and a slowdown in the Chinese economy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Chea Serey said Cambodia&#039;s preferential trade status with the European Union and the United States could be lost in the near future as the country becomes an upper middle-income economy. He also pointed out that the Cambodian government needs to conclude stronger free trade agreements with other countries in order to maintain the current economic growth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cCurrently, due to the EBA (Everything But Arms), Cambodia is not subject to tariffs on transactions with the EU, but if the EBA were to be revoked, the burden would increase by up to 12 percent.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cGoing forward, Cambodia may experience a slowdown in exports if it fails to diversify its production,\u201d Chea Serey said.<\/span><\/p>\n\n\n\n<figure class=\"wp-block-embed-wordpress wp-block-embed is-type-wp-embed is-provider-\u30db\u30fc\u30c1\u30df\u30f3\u306e\u4e0d\u52d5\u7523\u306e\u8cfc\u5165\u30fb\u6295\u8cc7\u30fb\u58f2\u5374\u30fb\u8cc3\u8cb8\uff5c\u9234\u6728\u4e0d\u52d5\u7523\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"5UDZtzacE7\"><a href=\"https:\/\/asia-prop.com\/en\/column\/cambodia-real-estate-information-2019\/\">Cambodia real estate investment information 2019<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"\u201cCambodia Real Estate Investment Information 2019\u201d \u2014 Buying, investing, selling and renting real estate in Ho Chi Minh City | Suzuki Real Estate\" src=\"https:\/\/asia-prop.com\/column\/cambodia-real-estate-information-2019\/embed\/#?secret=7DWAptRxFa#?secret=5UDZtzacE7\" data-secret=\"5UDZtzacE7\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<div class=\"call-to-action\">\n<p><span style=\"color: #000000;\"><span class=\"cta1\">About Suzuki Property Vietnam Co., Ltd in Ho Chi Minh City<\/span><\/span><\/p>\n<\/div>\n<p>We support clients to buy and rent real estate (condominiums, serviced apartments, offices, business land) in Ho Chi Minh. We also provide you with the latest information about Ho Chi Minh City and Vietnam through the internet.<\/p>\n<p>If you have any questions or requests, including condominium and property information, as well as local information about Ho Chi Minh City, please feel free to contact us.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:5px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"is-content-justification-center is-layout-flex wp-container-1 wp-block-buttons\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/asia-prop.com\/en\/contact\/\" style=\"border-radius:10px;background-color:#ffa41c\">Inquiries about Condominiums for rent (free)<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Cambodia investment climate 2019<\/p>","protected":false},"author":1,"featured_media":8194,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0},"categories":[68,140],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/posts\/8188"}],"collection":[{"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/comments?post=8188"}],"version-history":[{"count":12,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/posts\/8188\/revisions"}],"predecessor-version":[{"id":92494,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/posts\/8188\/revisions\/92494"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/media\/8194"}],"wp:attachment":[{"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/media?parent=8188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/categories?post=8188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/tags?post=8188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}