Skip to content

Economy of Cambodia vs Estonia compared: GDP & Debt

Updated on by Georank

Cambodia has a GDP of $51.3B compared to $47B for Estonia, ranking 94/197 and 101/197 by economy size, respectively.

Cambodia has $13.6B in government debt (26.5% of GDP), compared to $11.4B (24.2% of GDP) in Estonia.

Cambodia vs Estonia GDP by year

Cambodia
Estonia
1x
Year GDP, current $
Cambodia Estonia
2025 $51,267,065,843 $47,030,833,799
2024 $46,352,647,037 $43,130,419,829
2023 $42,335,646,896 $41,470,344,395
2022 $39,994,532,960 $38,226,641,740
2021 $36,790,163,687 $37,201,101,171
2020 $34,818,073,901 $31,820,771,494
2019 $36,685,356,408 $31,873,748,770
2018 $33,145,892,169 $31,222,632,741
2017 $29,355,665,910 $27,469,461,919
2016 $26,556,545,153 $24,561,027,788
2015 $24,174,170,369 $23,311,847,751
2014 $22,041,463,968 $27,055,689,003
2013 $19,807,135,253 $25,451,032,781
2012 $17,826,536,700 $23,237,406,116
2011 $16,032,622,024 $23,303,915,795
2010 $13,808,673,288 $19,524,355,419
2009 $12,502,901,170 $19,633,984,440
2008 $12,174,303,999 $24,342,935,404
2007 $10,127,916,460 $22,450,264,166
2006 $8,350,531,017 $17,025,671,810
2005 $7,066,296,463 $14,109,491,357
2004 $5,883,297,160 $12,148,595,031
2003 $5,046,693,484 $9,876,595,528
2002 $4,501,227,627 $7,370,119,619
2001 $4,145,665,970 $6,250,218,423
2000 $3,694,168,979 $5,686,579,748
1999 $3,517,242,477 $5,756,912,266
1998 $3,120,425,503 $5,674,080,543
1997 $3,443,413,389 $5,154,420,649
1996 $3,506,695,720 $4,786,018,988
1995 $3,441,205,693 $4,502,970,889
1994 $2,791,435,272 $4,123,011,420
1993 $2,533,727,592 $4,013,091,682
1992 $2,491,486,594 -
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 (1975–2025, retrieved 2026-07-08).

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

GDP per capita in Cambodia vs Estonia by year

Cambodia
GDP per capita

GDP per capita, PPP
Estonia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cambodia Estonia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,872 - $34,418 -
2024 $2,628 $7,967 $31,428 $49,969
2023 $2,430 $7,431 $30,264 $48,637
2022 $2,325 $6,919 $28,340 $48,218
2021 $2,167 $6,226 $27,951 $44,252
2020 $2,082 $5,942 $23,934 $40,672
2019 $2,226 $6,154 $24,021 $40,586
2018 $2,037 $5,617 $23,618 $37,121
2017 $1,826 $5,050 $20,852 $34,507
2016 $1,675 $4,748 $18,666 $31,948
2015 $1,547 $4,434 $17,722 $29,713
2014 $1,432 $4,118 $20,582 $29,404
2013 $1,306 $3,891 $19,310 $27,831
2012 $1,193 $3,583 $17,568 $26,243
2011 $1,089 $3,223 $17,556 $24,652
2010 $952 $2,989 $14,664 $21,614
2009 $876 $2,854 $14,712 $20,489
2008 $866 $2,769 $18,206 $22,804
2007 $732 $2,566 $16,745 $22,201
2006 $612 $2,297 $12,641 $19,344
2005 $526 $2,038 $10,415 $16,638
2004 $444 $1,770 $8,916 $14,538
2003 $387 $1,598 $7,205 $13,135
2002 $350 $1,442 $5,343 $11,667
2001 $328 $1,357 $4,503 $10,309
2000 $296.4 $1,256 $4,071 $9,425
1999 $286.8 $1,134 $4,141 $8,412
1998 $258.8 $1,009 $4,093 $8,451
1997 $297.6 $994 $3,683 $7,980
1996 $325 $1,006 $3,381 $6,892
1995 $343 $1,006 $3,134 $6,480
1994 $302 $972 $2,819 $5,967
1993 $294.1 $1,565 $2,686 $5,814
1992 $307 $1,560 - $5,872
1991 $267.3 $1,504 - $7,151
1990 $190.2 $1,410 - $7,481
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 (1975–2025, retrieved 2026-07-08).

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

Cambodia's GDP per capita is $2,872, ranking 148/197, compared to $34,418 in Estonia, ranking 37/197. Adjusted for purchasing power (GDP per capita PPP), Cambodia ranks 142nd at $7,967, while Estonia ranks 45th at $49,969.

Economic indicators

Cambodia Estonia
Gross domestic product
$51.3B
2025
$47B
2025
GDP rank
94/197
2025
101/197
2025
GDP growth
5.35%
2024-2025
0.58%
2024-2025
GDP per capita
$2,872
2025
$34,418
2025
GDP per capita rank
148/197
2025
37/197
2025
GDP per capita, PPP
$7,967
2024
$49,969
2024
GDP per capita PPP rank
142/197
2024
45/197
2024
Government debt
$13.6B
2025
$11.4B
2025
Debt-to-GDP ratio
26.5%
2025
24.2%
2025
Government debt per person
$760
2025
$8,325
2025
Government debt per person rank
153/185
2025
67/185
2025
Average annual personal income after taxes
$2,268
2026
$23,647
2026
Number of billionaires n/a
2
2026
Income share by richest 10% n/a
23.7%
2023
Income share by poorest 10% n/a
3.1%
2023
Government expenditure, % of GDP
16.3%
2025
45.2%
2025
Consumer prices inflation
2.5%
2024-2025
4.83%
2024-2025
Unemployment rate
0.26%
2023
7.5%
2025
Population
18159213
1347027

Spending and national debt comparison by year

Cambodia
Spending

Debt
Estonia
Spending

Debt
1x
Year % of GDP
Cambodia Estonia
Government spending Government debt Government spending Government debt
2025 16.3% 26.5% 45.2% 24.2%
2024 16.6% 26.1% 43.6% 23.5%
2023 19.1% 26.3% 43.5% 20.2%
2022 18.5% 25.3% 40.1% 19.2%
2021 21.4% 26.4% 42.1% 18.4%
2020 20.5% 25.5% 44.7% 19.1%
2019 17.9% 21.2% 39.1% 9.05%
2018 16.2% 21.3% 38.8% 8.51%
2017 16.3% 22.9% 38.9% 9.43%
2016 15.3% 22% 38.9% 10.2%
2015 14.5% 23.4% 39.3% 10.8%
2014 16.4% 24% 37.6% 11.6%
2013 16.5% 24.6% 38.3% 11.4%
2012 17.2% 25% 39.4% 11.1%
2011 16.4% 23.7% 37.6% 7.6%
2010 17.1% 23.5% 40.7% 7.99%
2009 16.6% 23.1% 46.1% 7.98%
2008 12.9% 22.7% 39.5% 4.67%
2007 12.4% 25.3% 33.8% 3.91%
2006 11.2% 26.6% 33.5% 4.72%
2005 10.8% 31.3% 33.7% 4.73%
2004 12.4% 38.1% 34.1% 5.16%
2003 14.5% 39.6% 35% 5.6%
2002 16% 37.8% 35.9% 5.66%
2001 14.6% 33.6% 35.3% 4.93%
2000 14.6% 34.1% 36.4% 5.11%
1999 13.8% 34.7% 40.7% 5.93%
1998 13.4% 37.2% 38.9% 5.4%
1997 12.4% 31.6% 35.8% 6.03%
1996 15.7% 30.2% 38.6% 7.3%
1995 - - 39.5% 8.66%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, Cambodia's government spending was $8.36B, accounting for 16.3% of its GDP, while Estonia spent $21.3B, or 45.2% of GDP.

Debt-to-GDP ratio is 26.5% in Cambodia and 24.2% in Estonia, ranking 166/185 and 168/185, respectively.

Government deficit by year

Deficit/surplus
Cambodia

Estonia
1x
Year Deficit/surplus, % of GDP
Cambodia Estonia
2025 -1% -1.33%
2024 -1.45% -1.54%
2023 -2.83% -3.07%
2022 -0.29% -1.08%
2021 -5.27% -2.57%
2020 -2.56% -5.42%
2019 2.23% -0.11%
2018 0.28% -1.15%
2017 -0.77% -1.07%
2016 -0.29% -0.62%
2015 -0.65% -0.24%
2014 -1.24% 0.42%
2013 -2.02% -0.66%
2012 -3.58% -0.86%
2011 -3.75% 0.09%
2010 -3.11% -1.09%
2009 -3.88% -3.43%
2008 0.42% -2.92%
2007 0.63% 2.5%
2006 -0.15% 2.71%
2005 -0.34% 1.07%
2004 -3.18% 2.29%
2003 -5.67% 1.67%
2002 -6.06% 0.29%
2001 -4.96% 0.4%
2000 -4.66% -0.11%
1999 -3.8% -3.42%
1998 -5.36% 0.65%
1997 -3.72% 2.98%
1996 -7.54% -0.93%
1995 - -0.26%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, Cambodia's government deficit, the difference between spending and revenue, was $513M, equivalent to 1% of GDP. This compares to Estonia's deficit of $626M, or 1.33% of GDP.

Over the past 30 years, Cambodia recorded a fiscal deficit in 26 of those years, while Estonia ran a deficit in 19 years. On average, Cambodia posted an annual deficit equal to 2.49% of GDP, compared to deficit of 0.55% of GDP for Estonia.

Inflation comparison by year

Inflation
Cambodia

Estonia
1x
Year Consumer prices inflation
Cambodia Estonia
2025 2.5% 4.83%
2024 0.8% 3.52%
2023 2.1% 9.16%
2022 5.3% 19.4%
2021 2.9% 4.65%
2020 2.9% -0.44%
2019 1.9% 2.28%
2018 2.5% 3.44%
2017 2.9% 3.42%
2016 3% 0.15%
2015 1.2% -0.49%
2014 3.9% -0.11%
2013 2.9% 2.78%
2012 2.9% 3.93%
2011 5.5% 4.98%
2010 4% 2.97%
2009 -0.7% -0.08%
2008 25% 10.4%
2007 7.7% 6.6%
2006 6.1% 4.44%
2005 6.3% 4.08%
2004 3.9% 3.05%
2003 1% 1.33%
2002 0% 3.57%
2001 -0.1% 5.75%
2000 -0.8% 4.02%
1999 2% 3.3%
1998 12.9% 8.21%
1997 10.5% 10.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Cambodia has recorded an average annual inflation rate of 4.17%, compared with 4.47% in Estonia. In 2025, inflation was 2.5% in Cambodia and 4.83% in Estonia.

Top exports between countries

Cambodia
Export category Export value
Textiles & consumer goods $308K
Metals $251K
Processed food, beverages & tobacco $219K
Machinery & equipment $122K
Chemicals & pharma $113K
Raw materials & minerals $31K
Miscellaneous $2K
Estonia
Export category Export value
Processed food, beverages & tobacco $2.56M
Textiles & consumer goods $352K
Machinery & equipment $58K
Chemicals & pharma $26K
Wood & paper products $26K

Balance of trade

Cambodia Estonia
Current account balance
-$1.87B
2025
-$70M
2025
Current account balance ranking
139/190
2025
79/190
2025
Current account balance, % of GDP
-3.64%
2025
-0.15%
2025
Goods imports
$36.9B
2025
$24.4B
2025
Goods exports
$31.4B
2025
$21.2B
2025
Service imports
$3.22B
2025
$12B
2025
Service exports
$5.35B
2025
$15.6B
2025
Imports of goods and services, % of GDP
67.4%
2025
77.4%
2025
Exports of goods and services, % of GDP
68.6%
2025
78.4%
2025

Economic freedom indices

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

Cambodia Estonia
Economic freedom 58.7 78.7
Economic freedom ranking 108/197 10/197
Property rights 38.1 93.6
Government integrity 18.9 86.3
Judicial effectiveness 21.2 92.4
Tax burden 90.3 77.9
Government spending 89.9 46
Fiscal health 92.7 93.1
Business freedom 60.8 82.8
Labor freedom 48.3 59
Monetary freedom 77 73.9
Trade freedom 67.8 79.4
Investment freedom 50 90
Financial freedom 50 70

Economic freedom comparison by year

Cambodia
Estonia
1x
Year Economic freedom index
Cambodia Estonia
2026 58.7 78.7
2025 58.2 78.9
2024 55.6 77.8
2023 56.5 78.6
2022 57.1 80
2021 57.3 78.2
2020 57.3 77.7
2019 57.8 76.6
2018 58.7 78.8
2017 59.5 79.1
2016 57.9 77.2
2015 57.5 76.8
2014 57.4 75.9
2013 58.5 75.3
2012 57.6 73.2
2011 57.9 75.2
2010 56.6 74.7
2009 56.6 76.4
2008 55.9 77.9
2007 55.9 78
2006 56.7 74.9
2005 60 75.2
2004 61.1 77.4
2003 63.7 77.7
2002 60.7 77.6
2001 59.6 76.1
2000 59.3 69.9
1999 59.9 73.8
1998 59.8 72.5
1997 52.8 69.1
1996 - 65.4
1995 - 65.2

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Cambodia is 58.7, ranking 108/197, compared to 78.7 for Estonia, ranking 10/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cambodia Estonia
Services, % of GDP
35%
2025
65.8%
2025
Industry, % of GDP
43.1%
2025
19.7%
2025
Agriculture, forestry, and fishing, % of GDP
16.1%
2025
1.65%
2025
GNI, Atlas method
$49.1B
2025
$44.2B
2025
GNI per capita, PPP
$8,390
2025
$51,370
2025
Total reserves including gold
$27.5B
2025
$2.44B
2025
Total reserves ranking
60/177
2025
124/177
2025
Net foreign direct investment
-$4.96B
2025
$814M
2025
Net inflows of foreign direct investment
$4.39B
2024
-$3.44B
2024
Net outflows of foreign direct investment
$172M
2024
-$3.72B
2024
Servicing debt to the IMF, % of GNI
7.41%
2024
n/a
Poverty at national poverty lines
17.7%
2012
22.5%
2022
Gross capital formation, % of GDP
31.5%
2025
24.8%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1975–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2023–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.