Cambodia Economic Update, October 2015

World Bank Group

Cambodia Economic Update, October 2015 | Adapting to Stay Competitive

2015

World Bank Group

Robust GDP growth continues, and real growth for 2014 has been revised up by the authorities to 7.1 percent from an earlier estimate of 7.0 percent. Strong domestic demand, boosted by a construction boom and accommodated by high domestic credit growth, helps offset the moderation in export growth with the slowdown of the garment, tourism and agriculture sectors observed in the first half of 2015. As an oil importer, the country benefits from the slump in oil prices, contributing to savings on petroleum imports. In this setting, growth is projected to ease slightly, to 6.9 percent in 2015. Downside risks to this outlook include potential renewed labor discontent, further appreciation of the US dollar, a delay in economic recovery in Europe, and a hard landing of the Chinese economy.

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AGROVOC Keywords

agricultural production agriculture bank deposits capital capital formation coal consumption cost analysis costs credit currencies debt deficit demand developed countries development economic conditions economic development economic growth economic integration economies efficiency environment equipment expenditure exports farms finance fisheries fixed capital forestry free trade growth rate income industrialization inflation inputs interest rates investment land land productivity liquidity macroeconomics market competition markets monopoly prices production production costs productivity property public goods resource management resources risk management subsidies tariffs taxes trade transaction costs value added wages

Bibliographic information

Publisher

World Bank, Phnom Penh

Other Subjects

Financial crisis; Goods; Share; Disbursements; Producers; Current account deficit; Productivity increases; Labor costs; Economic developments; Value; Trade balance; National bank; Guarantee; Oil; Corporate income taxes; Public good; Gdp; Oil prices; Bond; Itc; Consumer price index; Trade policy; Currency; Future; Trade taxes; Economies of scale; Macroeconomic stability; Exchange rates; Financial sector; Gross fixed capital formation; Expenditures; Labor productivity; Banking sector; Labor force; Time constraints; Exchange; Economy; Economic expansion; Input use; Interest rate; Reserves; Capital markets; Credit growth; Central bank; Private sector credit; Return; Property taxes; Deposits; Development policy; Fiscal deficit; Averaging; Income taxes; Export growth; Competitiveness; Real gdp; Regulatory framework; Profit margins; Payments; Environmental; Domestic credit; Broad money; Interest; Government expenditures; Productivity growth; Monetary policy; Fiscal policy; Intermediate inputs; Policy environment; Banking supervision; Profits; Market; Direct investment; Allocative efficiency; Bond spreads; Durable; Risks; Foreign direct investment; Revenue; Gross margin; Money; Values; Capital growth; Revenues; Capital inflows

Language

English

Type

Report

In AGRIS since: 2016-03-15

Format: AGRIS AP

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Cambodia Economic Update, October 2015 | Adapting to Stay Competitive

2015

AGROVOC Keywords

Bibliographic information