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Economy of Cambodia vs Eritrea compared: GDP & Debt

Updated on by Georank team

Cambodia has a GDP of $46.4B compared to $2.07B for Eritrea, ranking 97/197 and 179/197 by economy size, respectively.

Cambodia has $12B in government debt (25.9% of GDP), compared to $3.54B (260.4% of GDP) in Eritrea.

Cambodia vs Eritrea GDP by year

Cambodia
Eritrea
1x
Year GDP, current $
Cambodia Eritrea
2024 $46,352,647,037 -
2023 $42,335,646,896 -
2022 $39,994,532,960 -
2021 $36,790,163,687 -
2020 $34,818,073,901 -
2019 $36,685,356,408 -
2018 $33,145,892,169 -
2017 $29,355,665,910 -
2016 $26,556,545,153 -
2015 $24,174,170,369 -
2014 $22,041,463,968 -
2013 $19,807,135,253 -
2012 $17,826,536,700 -
2011 $16,032,622,024 $2,065,001,626
2010 $13,808,673,288 $1,589,515,447
2009 $12,502,901,170 $1,856,695,551
2008 $12,174,303,999 $1,380,188,800
2007 $10,127,916,460 $1,317,974,491
2006 $8,350,531,017 $1,211,161,880
2005 $7,066,296,463 $1,098,424,686
2004 $5,883,297,160 $1,109,054,005
2003 $5,046,693,484 $870,248,268
2002 $4,501,227,627 $729,321,680
2001 $4,145,665,970 $752,371,689
2000 $3,694,168,979 $706,370,816
1999 $3,517,242,477 $688,918,537
1998 $3,120,425,503 $745,523,117
1997 $3,443,413,389 $686,490,090
1996 $3,506,695,720 $693,535,954
1995 $3,441,205,693 $578,015,625
1994 $2,791,435,272 $531,688,312
1993 $2,533,727,592 $467,872,715
1992 $2,491,486,594 $477,101,652
1991 $2,054,974,089 -
1990 $1,402,541,177 -
1989 $1,353,137,648 -
1988 $1,662,877,859 -
1987 $1,036,974,910 -
1986 $1,167,630,318 -
1985 $1,102,669,184 -
1984 $1,021,176,059 -
1983 $939,291,262 -
1982 $865,516,040 -
1981 $815,153,652 -
1980 $744,384,130 -
1979 $723,738,503 -
1978 $766,642,356 -
1977 $716,261,764 -
1976 $790,357,255 -
1975 $749,129,748 -

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

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

GDP per capita in Cambodia vs Eritrea by year

Cambodia
GDP per capita

GDP per capita, PPP
Eritrea
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cambodia Eritrea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,628 $7,967 - -
2023 $2,430 $7,431 - -
2022 $2,325 $6,919 - -
2021 $2,167 $6,226 - -
2020 $2,082 $5,942 - -
2019 $2,226 $6,154 - -
2018 $2,037 $5,617 - -
2017 $1,826 $5,050 - -
2016 $1,675 $4,748 - -
2015 $1,547 $4,434 - -
2014 $1,432 $4,118 - -
2013 $1,306 $3,891 - -
2012 $1,193 $3,583 - -
2011 $1,089 $3,223 $689 $1,742
2010 $952 $2,989 $540 $1,599
2009 $876 $2,854 $643 $1,577
2008 $866 $2,769 $490 $1,547
2007 $732 $2,566 $480 $1,727
2006 $612 $2,297 $448 $1,682
2005 $526 $2,038 $413 $1,674
2004 $444 $1,770 $427 $1,621
2003 $387 $1,598 $349 $1,621
2002 $350 $1,442 $305 $1,702
2001 $328 $1,357 $325 $1,684
2000 $296.4 $1,256 $314 $1,558
1999 $286.8 $1,134 $311 $1,597
1998 $258.8 $1,009 $342 $1,598
1997 $297.6 $994 $319 $1,573
1996 $325 $1,006 $326 $1,449
1995 $343 $1,006 $285.4 $1,369
1994 $302 $972 $277.8 $1,379
1993 $294.1 $1,565 $252.1 $1,149
1992 $307 $1,560 $265.2 $1,021
1991 $267.3 $1,504 - -
1990 $190.2 $1,410 - -
1989 $191.3 - - -
1988 $244.1 - - -
1987 $158.1 - - -
1986 $185.8 - - -
1985 $182.4 - - -
1984 $174.7 - - -
1983 $166.7 - - -
1982 $159.2 - - -
1981 $154.3 - - -
1980 $143.2 - - -
1979 $142.2 - - -
1978 $147.1 - - -
1977 $126.4 - - -
1976 $128.8 - - -
1975 $113.8 - - -

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

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

Cambodia's GDP per capita is $2,628, ranking 145/197, compared to $689 in Eritrea, ranking 188/197. Adjusted for purchasing power (GDP per capita PPP), Cambodia ranks 142nd at $7,967, while Eritrea ranks 191st at $1,742.

Economic indicators

Cambodia Eritrea
Gross domestic product
$46.4B
2024
$2.07B
2011
GDP rank
97/197
2024
179/197
2011
GDP growth
5.98%
2023-2024
8.68%
2010-2011
GDP per capita
$2,628
2024
$689
2011
GDP per capita rank
145/197
2024
188/197
2011
GDP per capita, PPP
$7,967
2024
$1,742
2011
GDP per capita PPP rank
142/197
2024
191/197
2011
Government debt
$12B
2024
$3.54B
2011
Debt-to-GDP ratio
25.9%
2024
260.4%
2019
Government debt per person
$681
2024
$1,182
2011
Government debt per person rank
156/185
2024
136/185
2011
Average annual personal income after taxes
$2,258
2026
$1,129
2026
Government expenditure, % of GDP
17.3%
2024
31.3%
2019
Consumer prices inflation
0.9%
2023-2024
1.3%
2018-2019
Unemployment rate
0.26%
2023
5.8%
2017
Population
18113986
3700586

Spending and national debt comparison by year

Cambodia
Spending

Debt
Eritrea
Spending

Debt
1x
Year % of GDP
Cambodia Eritrea
Government spending Government debt Government spending Government debt
2024 17.3% 25.9% - -
2023 19.1% 26.3% - -
2022 18.7% 25.5% - -
2021 21% 25.9% - -
2020 20.3% 25.2% - -
2019 17.6% 20.8% 31.3% 260.4%
2018 16.1% 21.1% 26.4% 267.1%
2017 16.2% 22.6% 42.5% 290.4%
2016 15.2% 21.8% 30.9% 251.2%
2015 14.5% 23.3% 31.1% 271.4%
2014 16.5% 24.2% 21.6% 204.5%
2013 16.4% 24.4% 32.7% 232.4%
2012 17.1% 24.9% 33.3% 171.6%
2011 16.5% 23.8% 32.3% 171.6%
2010 17% 23.4% 42.4% 201.8%
2009 17% 23.7% 44.9% 207.1%
2008 13.1% 23% 69.4% 259.7%
2007 12.3% 25.1% 51.2% 201.3%
2006 11.3% 26.7% 50.5% 199%
2005 11% 31.7% 76.6% 205.4%
2004 12.6% 38.7% 57.1% 193.5%
2003 14.5% 39.8% 58.1% 264%
2002 16.1% 37.8% 60.1% 243.4%
2001 14.5% 33.5% 59.5% 238.6%
2000 14.9% 34.9% 84.7% 219.1%
1999 13.8% 34.6% 106.1% -
1998 13.4% 37.2% 88% -
1997 12.4% 31.4% 60.1% -
1996 15.7% 30.1% 68.6% -
1995 - - 81.2% -
1994 - - 50.4% -
1993 - - 67.2% -
1992 - - 32.7% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

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

In 2024, Cambodia's government spending was $8B, accounting for 17.3% of its GDP, while Eritrea spent $666M, or 31.3% of GDP.

Debt-to-GDP ratio is 25.9% in Cambodia and 260.4% in Eritrea, ranking 164/185 and 2/185, respectively.

Government deficit by year

Deficit/surplus
Cambodia

Eritrea
1x
Year Deficit/surplus, % of GDP
Cambodia Eritrea
2024 -2.67% -
2023 -2.83% -
2022 -0.29% -
2021 -5.18% -
2020 -2.53% -
2019 2.19% 2.72%
2018 0.28% 5.22%
2017 -0.76% -5.74%
2016 -0.29% -1.44%
2015 -0.65% -2.77%
2014 -1.24% -0.12%
2013 -2.01% -7.62%
2012 -3.57% -5.21%
2011 -3.76% -5.5%
2010 -3.09% -16.5%
2009 -3.98% -22.2%
2008 0.43% -38%
2007 0.62% -19.8%
2006 -0.15% -15.5%
2005 -0.34% -31%
2004 -3.23% -7.65%
2003 -5.69% 6.23%
2002 -6.07% -13.3%
2001 -4.95% -9.62%
2000 -4.76% -25.4%
1999 -3.79% -59.7%
1998 -5.35% -40.3%
1997 -3.7% -5.65%
1996 -7.53% -18.4%
1995 - -22.9%
1994 - 8.69%
1993 - 4.22%
1992 - 6.85%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

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

In 2011, Cambodia's government deficit, the difference between spending and revenue, was $602M, equivalent to 3.76% of GDP. This compares to Eritrea's deficit of $114M, or 5.5% of GDP.

Over the past 16 years, Cambodia recorded a fiscal deficit in 14 of those years, while Eritrea ran a deficit in 15 years. On average, Cambodia posted an annual deficit equal to 3.46% of GDP, compared to deficit of 20.1% of GDP for Eritrea.

Inflation comparison by year

Inflation
Cambodia

Eritrea
1x
Year Consumer prices inflation
Cambodia Eritrea
2024 0.9% -
2023 2.1% -
2022 5.3% -
2021 2.9% -
2020 2.9% -
2019 2% 1.3%
2018 2.4% -14.4%
2017 2.9% -13.3%
2016 3% -5.6%
2015 1.2% 28.5%
2014 3.9% 8.4%
2013 2.9% 6.3%
2012 2.9% 6%
2011 5.5% 5.9%
2010 4% 10.3%
2009 -0.7% 33.9%
2008 25% 22.2%
2007 7.7% 9.4%
2006 6.1% 7.7%
2005 6.3% 12.5%
2004 3.9% 25.1%
2003 1% 22.7%
2002 0% 16.9%
2001 -0.1% 14.6%
2000 -0.8% 19.9%
1999 2% 8.4%
1998 12.9% 9.5%
1997 10.5% 3.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 23 years, Cambodia has recorded an average annual inflation rate of 4.54%, compared with 10.4% in Eritrea. In 2019, inflation was 0.9% in Cambodia and 1.3% in Eritrea.

Top exports between countries

Cambodia
Export category Export value
Miscellaneous $1K
Eritrea
Export category Export value

Balance of trade

Cambodia Eritrea
Current account balance
$228M
2024
-$105M
2000
Current account balance ranking
65/190
2024
89/190
2000
Current account balance, % of GDP
+0.49%
2024
-14.8%
2000
Goods imports
$31.2B
2024
$471M
2000
Goods exports
$26.8B
2024
$36.8M
2000
Service imports
$3.08B
2024
$28.5M
2000
Service exports
$4.97B
2024
$60.9M
2000
Imports of goods and services, % of GDP
72.1%
2024
29.2%
2011
Exports of goods and services, % of GDP
71.4%
2024
18.2%
2011

Economic freedom indices

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

Cambodia Eritrea
Economic freedom 58.7 39.6
Economic freedom ranking 108/197 188/197
Property rights 38.1 4.8
Government integrity 18.9 10.9
Judicial effectiveness 21.2 5.5
Tax burden 90.3 80.3
Government spending 89.9 62.3
Fiscal health 92.7 69
Business freedom 60.8 30.7
Labor freedom 48.3 43.4
Monetary freedom 77 80
Trade freedom 67.8 68.4
Investment freedom 50 0
Financial freedom 50 20

Economic freedom comparison by year

Cambodia
Eritrea
1x
Year Economic freedom index
Cambodia Eritrea
2026 58.7 39.6
2025 58.2 38.6
2024 55.6 39.5
2023 56.5 39.5
2022 57.1 39.7
2021 57.3 42.3
2020 57.3 38.5
2019 57.8 38.9
2018 58.7 41.7
2017 59.5 42.2
2016 57.9 42.7
2015 57.5 38.9
2014 57.4 38.5
2013 58.5 36.3
2012 57.6 36.2
2011 57.9 36.7
2010 56.6 35.3
2009 56.6 38.5
2008 55.9 -
2007 55.9 -
2006 56.7 -
2005 60 -
2004 61.1 -
2003 63.7 -
2002 60.7 -
2001 59.6 -
2000 59.3 -
1999 59.9 -
1998 59.8 -
1997 52.8 -

Data sources: The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Cambodia is 58.7, ranking 108/197, compared to 39.6 for Eritrea, ranking 188/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cambodia Eritrea
Services, % of GDP
35.6%
2024
n/a
Industry, % of GDP
41.8%
2024
21.8%
2009
Agriculture, forestry, and fishing, % of GDP
16.6%
2024
14.1%
2009
GNI, Atlas method
$44.9B
2024
$1.94B
2011
GNI per capita, PPP
$7,910
2024
$1,720
2011
Total reserves including gold
$22.5B
2024
$192M
2019
Total reserves ranking
58/177
2024
170/177
2019
Net foreign direct investment
-$4.22B
2024
-$27.9M
2000
Net inflows of foreign direct investment
$4.39B
2024
-$27.9M
2024
Net outflows of foreign direct investment
$172M
2024
$0
2024
Servicing debt to the IMF, % of GNI
7.41%
2024
1.07%
2011
Poverty at national poverty lines
17.7%
2012
50%
2020
Gross capital formation, % of GDP
32.2%
2024
12.6%
2011

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/eritrea | 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 (1992–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. Central Intelligence Agency (CIA) (2017–2020, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2023, retrieved 2026-02-08)

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.