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Economy of Cambodia vs Cyprus compared: GDP & Debt

Updated on by Georank team

Cambodia has a GDP of $46.4B compared to $37.6B for Cyprus, ranking 97/197 and 103/197 by economy size, respectively.

Cambodia has $12B in government debt (25.9% of GDP), compared to $24.5B (65.1% of GDP) in Cyprus.

Cambodia vs Cyprus GDP by year

Cambodia
Cyprus
1x
Year GDP, current $
Cambodia Cyprus
2024 $46,352,647,037 $37,634,533,332
2023 $42,335,646,896 $35,075,423,857
2022 $39,994,532,960 $31,218,038,929
2021 $36,790,163,687 $30,372,642,502
2020 $34,818,073,901 $25,555,093,854
2019 $36,685,356,408 $26,196,667,100
2018 $33,145,892,169 $25,754,001,368
2017 $29,355,665,910 $22,946,570,629
2016 $26,556,545,153 $21,046,462,281
2015 $24,174,170,369 $19,909,278,417
2014 $22,041,463,968 $23,225,918,260
2013 $19,807,135,253 $23,959,712,861
2012 $17,826,536,700 $25,047,436,975
2011 $16,032,622,024 $27,641,549,302
2010 $13,808,673,288 $25,799,940,078
2009 $12,502,901,170 $26,048,179,949
2008 $12,174,303,999 $27,844,646,258
2007 $10,127,916,460 $23,968,727,074
2006 $8,350,531,017 $20,072,754,987
2005 $7,066,296,463 $18,433,412,511
2004 $5,883,297,160 $17,320,551,250
2003 $5,046,693,484 $14,547,329,558
2002 $4,501,227,627 $11,420,228,846
2001 $4,145,665,970 $10,397,898,907
2000 $3,694,168,979 $9,985,847,314
1999 $3,517,242,477 $10,497,907,228
1998 $3,120,425,503 $10,248,618,778
1997 $3,443,413,389 $9,547,816,420
1996 $3,506,695,720 $10,011,914,680
1995 $3,441,205,693 $9,933,137,128
1994 $2,791,435,272 $7,425,703,929
1993 $2,533,727,592 $6,590,291,048
1992 $2,491,486,594 $6,912,150,456
1991 $2,054,974,089 $5,770,197,348
1990 $1,402,541,177 $5,591,130,218
1989 $1,353,137,648 $4,563,482,604
1988 $1,662,877,859 $4,278,792,597
1987 $1,036,974,910 $3,704,813,886
1986 $1,167,630,318 $3,090,734,463
1985 $1,102,669,184 $2,430,411,900
1984 $1,021,176,059 $2,278,248,953
1983 $939,291,262 $2,160,364,071
1982 $865,516,040 $2,159,242,417
1981 $815,153,652 $2,087,496,374
1980 $744,384,130 $2,154,311,277
1979 $723,738,503 $1,288,699,776
1978 $766,642,356 $964,024,364
1977 $716,261,764 $734,876,021
1976 $790,357,255 $576,090,074
1975 $749,129,748 $489,912,574

Data sources: World Bank | Economy & Growth (1975–2024, retrieved 2026-04-06).

GeoRank.org/economy/cambodia/cyprus | CC BY

GDP per capita in Cambodia vs Cyprus by year

Cambodia
GDP per capita

GDP per capita, PPP
Cyprus
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cambodia Cyprus
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,628 $7,967 $27,707 $63,007
2023 $2,430 $7,431 $26,079 $59,875
2022 $2,325 $6,919 $23,448 $55,876
2021 $2,167 $6,226 $23,057 $47,633
2020 $2,082 $5,942 $19,624 $42,569
2019 $2,226 $6,154 $20,360 $44,394
2018 $2,037 $5,617 $20,267 $40,262
2017 $1,826 $5,050 $18,295 $37,768
2016 $1,675 $4,748 $17,013 $35,247
2015 $1,547 $4,434 $16,326 $31,380
2014 $1,432 $4,118 $19,326 $29,893
2013 $1,306 $3,891 $20,238 $30,416
2012 $1,193 $3,583 $21,493 $31,924
2011 $1,089 $3,223 $24,110 $33,406
2010 $952 $2,989 $22,876 $33,502
2009 $876 $2,854 $23,480 $33,901
2008 $866 $2,769 $25,522 $34,830
2007 $732 $2,566 $22,344 $32,888
2006 $612 $2,297 $19,037 $30,009
2005 $526 $2,038 $17,790 $27,763
2004 $444 $1,770 $17,016 $25,942
2003 $387 $1,598 $14,553 $24,278
2002 $350 $1,442 $11,636 $23,556
2001 $328 $1,357 $10,785 $22,866
2000 $296.4 $1,256 $10,537 $21,296
1999 $286.8 $1,134 $11,273 $19,663
1998 $258.8 $1,009 $11,206 $18,760
1997 $297.6 $994 $10,637 $17,781
1996 $325 $1,006 $11,373 $17,320
1995 $343 $1,006 $11,514 $17,096
1994 $302 $972 $8,791 $15,735
1993 $294.1 $1,565 $7,978 $14,852
1992 $307 $1,560 $8,530 $14,759
1991 $267.3 $1,504 $7,222 $13,546
1990 $190.2 $1,410 $7,092 $13,348
1989 $191.3 - $5,870 -
1988 $244.1 - $5,584 -
1987 $158.1 - $4,908 -
1986 $185.8 - $4,159 -
1985 $182.4 - $3,324 -
1984 $174.7 - $3,167 -
1983 $166.7 - $3,055 -
1982 $159.2 - $3,100 -
1981 $154.3 - $3,030 -
1980 $143.2 - $3,154 -
1979 $142.2 - $1,902 -
1978 $147.1 - $1,434 -
1977 $126.4 - $1,102 -
1976 $128.8 - $870 -
1975 $113.8 - $743 -

Data sources: World Bank | Economy & Growth (1975–2024, retrieved 2026-04-06).

GeoRank.org/economy/cambodia/cyprus | CC BY

Cambodia's GDP per capita is $2,628, ranking 145/197, compared to $27,707 in Cyprus, ranking 45/197. Adjusted for purchasing power (GDP per capita PPP), Cambodia ranks 142nd at $7,967, while Cyprus ranks 29th at $63,007.

Economic indicators

Cambodia Cyprus
Gross domestic product
$46.4B
2024
$37.6B
2024
GDP rank
97/197
2024
103/197
2024
GDP growth
5.98%
2023-2024
3.94%
2023-2024
GDP per capita
$2,628
2024
$27,707
2024
GDP per capita rank
145/197
2024
45/197
2024
GDP per capita, PPP
$7,967
2024
$63,007
2024
GDP per capita PPP rank
142/197
2024
29/197
2024
Government debt
$12B
2024
$24.5B
2024
Debt-to-GDP ratio
25.9%
2024
65.1%
2024
Government debt per person
$681
2024
$18,034
2024
Government debt per person rank
156/185
2024
34/185
2024
Average annual personal income after taxes
$2,258
2026
$25,384
2026
Market capitalization of domestic companies n/a
$10.9B
2024
Number of billionaires n/a
10
2025
Income share by richest 10% n/a
26.3%
2023
Income share by poorest 10% n/a
3.6%
2023
Government expenditure, % of GDP
17.3%
2024
40%
2024
Consumer prices inflation
0.9%
2023-2024
1.8%
2023-2024
Unemployment rate
0.26%
2023
4.87%
2024
Population
18113986
1386362

Spending and national debt comparison by year

Cambodia
Spending

Debt
Cyprus
Spending

Debt
1x
Year % of GDP
Cambodia Cyprus
Government spending Government debt Government spending Government debt
2024 17.3% 25.9% 40% 65.1%
2023 19.1% 26.3% 42% 73.6%
2022 18.7% 25.5% 38% 81.1%
2021 21% 25.9% 42.6% 96.5%
2020 20.3% 25.2% 45.9% 113.6%
2019 17.6% 20.8% 40.3% 92.3%
2018 16.1% 21.1% 44.3% 100.7%
2017 16.2% 22.6% 38.4% 96.4%
2016 15.2% 21.8% 39.6% 106.8%
2015 14.5% 23.3% 43% 111.6%
2014 16.5% 24.2% 52.1% 113%
2013 16.4% 24.4% 42.1% 102.7%
2012 17.1% 24.9% 41.9% 79.2%
2011 16.5% 23.8% 42.1% 64.8%
2010 17% 23.4% 41.7% 55.3%
2009 17% 23.7% 41.9% 52.8%
2008 13.1% 23% 38.2% 44.1%
2007 12.3% 25.1% 37.6% 53.1%
2006 11.3% 26.7% 39.1% 59%
2005 11% 31.7% 39.7% 64%
2004 12.6% 38.7% 38.6% 64.7%
2003 14.5% 39.8% 40.4% 63%
2002 16.1% 37.8% 37.4% 61%
2001 14.5% 33.5% 35.7% 57.5%
2000 14.9% 34.9% 35% 56%
1999 13.8% 34.6% 34.3% 55.7%
1998 13.4% 37.2% 34.4% 55%
1997 12.4% 31.4% 34.2% 53.5%
1996 15.7% 30.1% 32.4% 48.8%
1995 - - 30.4% 46.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/cambodia/cyprus | CC BY

In 2024, Cambodia's government spending was $8B, accounting for 17.3% of its GDP, while Cyprus spent $15B, or 40% of GDP.

Debt-to-GDP ratio is 25.9% in Cambodia and 65.1% in Cyprus, ranking 164/185 and 68/185, respectively.

Government deficit by year

Deficit/surplus
Cambodia

Cyprus
1x
Year Deficit/surplus, % of GDP
Cambodia Cyprus
2024 -2.67% 4.28%
2023 -2.83% 1.7%
2022 -0.29% 2.65%
2021 -5.18% -1.64%
2020 -2.53% -5.57%
2019 2.19% 1.03%
2018 0.28% -3.36%
2017 -0.76% 2.13%
2016 -0.29% 0.45%
2015 -0.65% -0.77%
2014 -1.24% -8.8%
2013 -2.01% -5.16%
2012 -3.57% -5.55%
2011 -3.76% -5.65%
2010 -3.09% -4.68%
2009 -3.98% -5.43%
2008 0.43% 0.87%
2007 0.62% 3.23%
2006 -0.15% -1.04%
2005 -0.34% -2.22%
2004 -3.23% -3.71%
2003 -5.69% -5.91%
2002 -6.07% -4.13%
2001 -4.95% -2.11%
2000 -4.76% -2.24%
1999 -3.79% -4.05%
1998 -5.35% -3.85%
1997 -3.7% -4.82%
1996 -7.53% -2.96%
1995 - -0.71%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/cambodia/cyprus | CC BY

In 2024, Cambodia's government deficit, the difference between spending and revenue, was $1.24B, equivalent to 2.67% of GDP. This compares to Cyprus' surplus of $1.61B, or 4.28% of GDP.

Over the past 29 years, Cambodia recorded a fiscal deficit in 25 of those years, while Cyprus ran a deficit in 21 years. On average, Cambodia posted an annual deficit equal to 2.58% of GDP, compared to deficit of 2.32% of GDP for Cyprus.

Inflation comparison by year

Inflation
Cambodia

Cyprus
1x
Year Consumer prices inflation
Cambodia Cyprus
2024 0.9% 1.8%
2023 2.1% 3.54%
2022 5.3% 8.4%
2021 2.9% 2.45%
2020 2.9% -0.64%
2019 2% 0.25%
2018 2.4% 1.44%
2017 2.9% 0.53%
2016 3% -1.43%
2015 1.2% -2.1%
2014 3.9% -1.35%
2013 2.9% -0.4%
2012 2.9% 2.39%
2011 5.5% 3.29%
2010 4% 2.43%
2009 -0.7% 0.33%
2008 25% 4.67%
2007 7.7% 2.37%
2006 6.1% 2.3%
2005 6.3% 2.56%
2004 3.9% 2.29%
2003 1% 4.14%
2002 0% 2.8%
2001 -0.1% 1.97%
2000 -0.8% 4.14%
1999 2% 1.63%
1998 12.9% 2.23%
1997 10.5% 3.61%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/cambodia/cyprus | CC BY

Over the past 28 years, Cambodia has recorded an average annual inflation rate of 4.24%, compared with 1.99% in Cyprus. In 2024, inflation was 0.9% in Cambodia and 1.8% in Cyprus.

Top exports between countries

Cambodia
Export category Export value
Textiles & consumer goods $480K
Raw agricultural goods $191K
Processed food, beverages & tobacco $21K
Cyprus
Export category Export value
Processed food, beverages & tobacco $456K
Machinery & equipment $128K
Animal & marine products $114K
Chemicals & pharma $48K
Textiles & consumer goods $33K
Wood & paper products $2K
Precious metals & jewellery $1K

Balance of trade

Cambodia Cyprus
Current account balance
$228M
2024
-$3.07B
2024
Current account balance ranking
65/190
2024
157/190
2024
Current account balance, % of GDP
+0.49%
2024
-8.16%
2024
Goods imports
$31.2B
2024
$11.9B
2024
Goods exports
$26.8B
2024
$4.43B
2024
Service imports
$3.08B
2024
$23.2B
2024
Service exports
$4.97B
2024
$32.1B
2024
Imports of goods and services, % of GDP
72.1%
2024
93.4%
2024
Exports of goods and services, % of GDP
71.4%
2024
97%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Cambodia Cyprus
Economic freedom 58.7 74.1
Economic freedom ranking 108/197 21/197
Property rights 38.1 85.1
Government integrity 18.9 59.7
Judicial effectiveness 21.2 89.8
Tax burden 90.3 80.8
Government spending 89.9 52.1
Fiscal health 92.7 91.5
Business freedom 60.8 82.3
Labor freedom 48.3 60.3
Monetary freedom 77 78.7
Trade freedom 67.8 79.4
Investment freedom 50 70
Financial freedom 50 60

Economic freedom comparison by year

Cambodia
Cyprus
1x
Year Economic freedom index
Cambodia Cyprus
2026 58.7 74.1
2025 58.2 73.2
2024 55.6 72.2
2023 56.5 72.3
2022 57.1 72.9
2021 57.3 71.4
2020 57.3 70.1
2019 57.8 68.1
2018 58.7 67.8
2017 59.5 67.9
2016 57.9 68.7
2015 57.5 67.9
2014 57.4 67.6
2013 58.5 69
2012 57.6 71.8
2011 57.9 73.3
2010 56.6 70.9
2009 56.6 70.8
2008 55.9 71.3
2007 55.9 71.7
2006 56.7 71.8
2005 60 71.9
2004 61.1 74.1
2003 63.7 73.3
2002 60.7 73
2001 59.6 71
2000 59.3 67.2
1999 59.9 67.8
1998 59.8 68.2
1997 52.8 67.9
1996 - 67.7

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/cambodia/cyprus | CC BY

The Economic Freedom Index for Cambodia is 58.7, ranking 108/197, compared to 74.1 for Cyprus, ranking 21/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cambodia Cyprus
Services, % of GDP
35.6%
2024
76.5%
2024
Industry, % of GDP
41.8%
2024
11.1%
2024
Agriculture, forestry, and fishing, % of GDP
16.6%
2024
1.16%
2024
GNI, Atlas method
$44.9B
2024
$32B
2024
GNI per capita, PPP
$7,910
2024
$56,200
2024
Total reserves including gold
$22.5B
2024
$2.09B
2024
Total reserves ranking
58/177
2024
124/177
2024
Net foreign direct investment
-$4.22B
2024
-$5.49B
2024
Net inflows of foreign direct investment
$4.39B
2024
-$50.4B
2024
Net outflows of foreign direct investment
$172M
2024
-$55.9B
2024
Servicing debt to the IMF, % of GNI
7.41%
2024
n/a
Poverty at national poverty lines
17.7%
2012
13.9%
2021
Gross capital formation, % of GDP
32.2%
2024
20.7%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/cambodia/cyprus | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1975–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2022–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.