Cambodia GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Cambodia expanded 7.10 percent in 2011 from the previous year. GDP Annual Growth Rate in Cambodia is reported by the National Institute of Statistics – Cambodia. Historically, from 1994 until 2011, Cambodia GDP Annual Growth Rate averaged 7.75 Percent reaching an all time high of 13.40 Percent in December of 2005 and a record low of 0.10 Percent in December of 2009. Cambodia’s economy mostly depends on agriculture. Nevertheless, in recent years the importance of manufacturing has been growing due to establishment of export oriented textile and shoes factories. Cambodia is also taking advantage of fast developing tourism sector. More importantly, oil deposits found beneath Cambodia’s territorial waters and the prospective exploration of mineral resources (bauxite, gold, iron and gems) will likely reshape Cambodia’s economy. This page includes a chart with historical data for GDP Annual Growth Rate in Cambodia.
