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Economy of Cambodia vs Hungary compared: GDP & Debt

Updated on by Georank team

Cambodia has a GDP of $46.4B compared to $223B for Hungary, ranking 97/197 and 55/197 by economy size, respectively.

Cambodia has $12B in government debt (25.9% of GDP), compared to $164B (73.5% of GDP) in Hungary.

Cambodia vs Hungary GDP by year

Cambodia
Hungary
1x
Year GDP, current $
Cambodia Hungary
2024 $46,352,647,037 $222,722,738,926
2023 $42,335,646,896 $213,240,316,635
2022 $39,994,532,960 $177,002,580,544
2021 $36,790,163,687 $183,282,685,440
2020 $34,818,073,901 $158,468,487,754
2019 $36,685,356,408 $164,936,682,034
2018 $33,145,892,169 $161,184,691,014
2017 $29,355,665,910 $143,335,098,992
2016 $26,556,545,153 $128,983,560,865
2015 $24,174,170,369 $125,244,126,623
2014 $22,041,463,968 $141,128,696,412
2013 $19,807,135,253 $135,646,053,779
2012 $17,826,536,700 $128,470,269,690
2011 $16,032,622,024 $141,712,804,954
2010 $13,808,673,288 $131,898,737,241
2009 $12,502,901,170 $130,807,441,076
2008 $12,174,303,999 $158,228,265,916
2007 $10,127,916,460 $140,123,326,896
2006 $8,350,531,017 $115,604,111,412
2005 $7,066,296,463 $113,098,237,571
2004 $5,883,297,160 $104,015,363,080
2003 $5,046,693,484 $85,190,469,121
2002 $4,501,227,627 $67,636,468,625
2001 $4,145,665,970 $53,800,068,066
2000 $3,694,168,979 $47,275,954,429
1999 $3,517,242,477 $49,160,204,397
1998 $3,120,425,503 $48,784,412,624
1997 $3,443,413,389 $47,398,564,799
1996 $3,506,695,720 $46,833,767,124
1995 $3,441,205,693 $46,577,614,589
1994 $2,791,435,272 $43,307,949,890
1993 $2,533,727,592 $40,256,233,360
1992 $2,491,486,594 $38,857,339,125
1991 $2,054,974,089 $34,867,307,353
1990 $1,402,541,177 $34,478,360,679
1989 $1,353,137,648 $30,422,508,938
1988 $1,662,877,859 $29,799,838,597
1987 $1,036,974,910 $27,232,016,527
1986 $1,167,630,318 $24,778,163,812
1985 $1,102,669,184 $21,510,643,750
1984 $1,021,176,059 $21,242,726,264
1983 $939,291,262 $21,910,365,258
1982 $865,516,040 $24,141,667,188
1981 $815,153,652 $23,705,883,892
1980 $744,384,130 $23,116,977,148
1979 $723,738,503 $19,959,731,325
1978 $766,642,356 $17,286,744,154
1977 $716,261,764 $14,783,674,055
1976 $790,357,255 $13,235,612,079
1975 $749,129,748 $11,420,392,515
1974 - $10,016,338,179
1973 - $9,138,292,402
1972 - $7,379,313,742
1971 - $6,291,568,221
1970 - $5,780,929,203
1969 - $5,429,812,387
1968 - $4,886,222,555

Data sources: World Bank | Economy & Growth (1968–2024, retrieved 2026-04-06).

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

GDP per capita in Cambodia vs Hungary by year

Cambodia
GDP per capita

GDP per capita, PPP
Hungary
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cambodia Hungary
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,628 $7,967 $23,292 $48,552
2023 $2,430 $7,431 $22,231 $46,592
2022 $2,325 $6,919 $18,428 $44,366
2021 $2,167 $6,226 $19,031 $38,887
2020 $2,082 $5,942 $16,387 $35,584
2019 $2,226 $6,154 $17,013 $35,627
2018 $2,037 $5,617 $16,605 $32,258
2017 $1,826 $5,050 $14,736 $29,728
2016 $1,675 $4,748 $13,216 $28,179
2015 $1,547 $4,434 $12,783 $26,938
2014 $1,432 $4,118 $14,353 $25,796
2013 $1,306 $3,891 $13,739 $24,592
2012 $1,193 $3,583 $12,950 $23,205
2011 $1,089 $3,223 $14,211 $22,992
2010 $952 $2,989 $13,190 $21,691
2009 $876 $2,854 $13,051 $20,691
2008 $866 $2,769 $15,763 $20,709
2007 $732 $2,566 $13,935 $19,089
2006 $612 $2,297 $11,478 $18,362
2005 $526 $2,038 $11,212 $17,091
2004 $444 $1,770 $10,291 $16,251
2003 $387 $1,598 $8,410 $15,460
2002 $350 $1,442 $6,658 $14,532
2001 $328 $1,357 $5,281 $13,223
2000 $296.4 $1,256 $4,630 $11,872
1999 $286.8 $1,134 $4,802 $10,892
1998 $258.8 $1,009 $4,752 $10,415
1997 $297.6 $994 $4,606 $9,846
1996 $325 $1,006 $4,542 $9,388
1995 $343 $1,006 $4,509 $9,222
1994 $302 $972 $4,187 $8,888
1993 $294.1 $1,565 $3,887 $8,441
1992 $307 $1,560 $3,747 $8,284
1991 $267.3 $1,504 $3,361 $8,352
1990 $190.2 $1,410 $3,324 $9,169
1989 $191.3 - $2,902 -
1988 $244.1 - $2,812 -
1987 $158.1 - $2,566 -
1986 $185.8 - $2,331 -
1985 $182.4 - $2,020 -
1984 $174.7 - $1,991 -
1983 $166.7 - $2,050 -
1982 $159.2 - $2,255 -
1981 $154.3 - $2,213 -
1980 $143.2 - $2,158 -
1979 $142.2 - $1,865 -
1978 $147.1 - $1,618 -
1977 $126.4 - $1,388 -
1976 $128.8 - $1,249 -
1975 $113.8 - $1,083 -
1974 - - $956 -
1973 - - $876 -
1972 - - $710 -
1971 - - $607 -
1970 - - $559 -
1969 - - $527 -
1968 - - $476 -

Data sources: World Bank | Economy & Growth (1968–2024, retrieved 2026-04-06).

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

Cambodia's GDP per capita is $2,628, ranking 145/197, compared to $23,292 in Hungary, ranking 55/197. Adjusted for purchasing power (GDP per capita PPP), Cambodia ranks 142nd at $7,967, while Hungary ranks 48th at $48,552.

Economic indicators

Cambodia Hungary
Gross domestic product
$46.4B
2024
$223B
2024
GDP rank
97/197
2024
55/197
2024
GDP growth
5.98%
2023-2024
0.56%
2023-2024
GDP per capita
$2,628
2024
$23,292
2024
GDP per capita rank
145/197
2024
55/197
2024
GDP per capita, PPP
$7,967
2024
$48,552
2024
GDP per capita PPP rank
142/197
2024
48/197
2024
Government debt
$12B
2024
$164B
2024
Debt-to-GDP ratio
25.9%
2024
73.5%
2024
Government debt per person
$681
2024
$17,109
2024
Government debt per person rank
156/185
2024
37/185
2024
Average annual personal income after taxes
$2,258
2026
$16,996
2026
Market capitalization of domestic companies n/a
$41.5B
2024
Number of millionaires n/a
24,692
2025
Number of billionaires n/a
4
2025
Income share by richest 10% n/a
24.4%
2022
Income share by poorest 10% n/a
2.8%
2022
Government expenditure, % of GDP
17.3%
2024
46.9%
2024
Consumer prices inflation
0.9%
2023-2024
3.7%
2023-2024
Central bank interest rate n/a
6.5%
2024
Unemployment rate
0.26%
2023
4.47%
2024
Population
18113986
9475525

Spending and national debt comparison by year

Cambodia
Spending

Debt
Hungary
Spending

Debt
1x
Year % of GDP
Cambodia Hungary
Government spending Government debt Government spending Government debt
2024 17.3% 25.9% 46.9% 73.5%
2023 19.1% 26.3% 49.2% 73%
2022 18.7% 25.5% 48.7% 73.9%
2021 21% 25.9% 48.1% 76.2%
2020 20.3% 25.2% 51% 78.7%
2019 17.6% 20.8% 45.8% 65%
2018 16.1% 21.1% 45.9% 68.8%
2017 16.2% 22.6% 46.6% 72%
2016 15.2% 21.8% 46.7% 74.6%
2015 14.5% 23.3% 50.4% 75.7%
2014 16.5% 24.2% 50% 76.5%
2013 16.4% 24.4% 50.1% 77.2%
2012 17.1% 24.9% 49.2% 78.4%
2011 16.5% 23.8% 49.1% 80.5%
2010 17% 23.4% 48.9% 80.2%
2009 17% 23.7% 50.7% 78.2%
2008 13.1% 23% 48.8% 71.8%
2007 12.3% 25.1% 49.9% 65.6%
2006 11.3% 26.7% 51.4% 64.5%
2005 11% 31.7% 49.4% 60.6%
2004 12.6% 38.7% 48.8% 58.9%
2003 14.5% 39.8% 49.2% 58.2%
2002 16.1% 37.8% 51% 55.6%
2001 14.5% 33.5% 47.2% 52.2%
2000 14.9% 34.9% 47.3% 55.6%
1999 13.8% 34.6% 48.9% 60.3%
1998 13.4% 37.2% 50.7% 60.4%
1997 12.4% 31.4% 49.5% 62.2%
1996 15.7% 30.1% 50.9% 71.2%
1995 - - 55% 83.9%
1994 - - - 86.2%
1993 - - - 87.2%
1992 - - - 76.5%
1991 - - - 74.2%
1990 - - - 63.7%
1989 - - - 70.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989–1994, retrieved 2026-02-20).

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

In 2024, Cambodia's government spending was $8B, accounting for 17.3% of its GDP, while Hungary spent $104B, or 46.9% of GDP.

Debt-to-GDP ratio is 25.9% in Cambodia and 73.5% in Hungary, ranking 164/185 and 49/185, respectively.

Government deficit by year

Deficit/surplus
Cambodia

Hungary
1x
Year Deficit/surplus, % of GDP
Cambodia Hungary
2024 -2.67% -4.92%
2023 -2.83% -6.75%
2022 -0.29% -6.17%
2021 -5.18% -7.11%
2020 -2.53% -7.49%
2019 2.19% -2.02%
2018 0.28% -2.05%
2017 -0.76% -2.45%
2016 -0.29% -1.79%
2015 -0.65% -2%
2014 -1.24% -2.77%
2013 -2.01% -2.6%
2012 -3.57% -2.33%
2011 -3.76% -5.22%
2010 -3.09% -4.44%
2009 -3.98% -4.76%
2008 0.43% -3.78%
2007 0.62% -5.09%
2006 -0.15% -9.27%
2005 -0.34% -7.79%
2004 -3.23% -6.6%
2003 -5.69% -7.19%
2002 -6.07% -8.79%
2001 -4.95% -4%
2000 -4.76% -3.04%
1999 -3.79% -5.27%
1998 -5.35% -7.41%
1997 -3.7% -5.54%
1996 -7.53% -4.36%
1995 - -8.57%
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -0.17%
1942 - 0.31%
1941 - 0.2%
1940 - -0.07%
1939 - 0.19%
1938 - -0.11%
1937 - -0.01%
1936 - 0.08%
1935 - 0.03%
1934 - 0.04%
1933 - -0.03%
1932 - -0.22%
1931 - -0.32%
1930 - -0.26%
1929 - 0.02%
1928 - 0.12%
1927 - 0.15%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1943, retrieved 2026-02-20).

GeoRank.org/economy/cambodia/hungary | 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 Hungary's deficit of $10.9B, or 4.92% of GDP.

Over the past 29 years, Cambodia recorded a fiscal deficit in 25 of those years, while Hungary ran a deficit in 29 years. On average, Cambodia posted an annual deficit equal to 2.58% of GDP, compared to deficit of 4.93% of GDP for Hungary.

Inflation comparison by year

Inflation
Cambodia

Hungary
1x
Year Consumer prices inflation
Cambodia Hungary
2024 0.9% 3.7%
2023 2.1% 17.1%
2022 5.3% 14.6%
2021 2.9% 5.11%
2020 2.9% 3.33%
2019 2% 3.34%
2018 2.4% 2.85%
2017 2.9% 2.35%
2016 3% 0.39%
2015 1.2% -0.06%
2014 3.9% -0.23%
2013 2.9% 1.73%
2012 2.9% 5.65%
2011 5.5% 3.93%
2010 4% 4.86%
2009 -0.7% 4.21%
2008 25% 6.04%
2007 7.7% 7.96%
2006 6.1% 3.93%
2005 6.3% 3.56%
2004 3.9% 6.74%
2003 1% 4.66%
2002 0% 5.27%
2001 -0.1% 9.12%
2000 -0.8% 9.8%
1999 2% 10%
1998 12.9% 14.2%
1997 10.5% 18.3%

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/hungary | CC BY

Over the past 28 years, Cambodia has recorded an average annual inflation rate of 4.24%, compared with 6.16% in Hungary. In 2024, inflation was 0.9% in Cambodia and 3.7% in Hungary.

Top exports between countries

Cambodia
Export category Export value
Raw agricultural goods $3.75M
Machinery & equipment $2.21M
Textiles & consumer goods $2.12M
Processed food, beverages & tobacco $1.24M
Metals $31K
Hungary
Export category Export value
Wood & paper products $255K
Textiles & consumer goods $163K
Machinery & equipment $66K
Chemicals & pharma $61K
Processed food, beverages & tobacco $53K
Animal & marine products $18K
Metals $15K
Raw materials & minerals $11K

Balance of trade

Cambodia Hungary
Current account balance
$228M
2024
$3.52B
2024
Current account balance ranking
65/190
2024
36/190
2024
Current account balance, % of GDP
+0.49%
2024
+1.58%
2024
Goods imports
$31.2B
2024
$130B
2024
Goods exports
$26.8B
2024
$129B
2024
Service imports
$3.08B
2024
$27.9B
2024
Service exports
$4.97B
2024
$38.9B
2024
Imports of goods and services, % of GDP
72.1%
2024
71.1%
2024
Exports of goods and services, % of GDP
71.4%
2024
75.4%
2024

Economic freedom indices

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

Cambodia Hungary
Economic freedom 58.7 62.5
Economic freedom ranking 108/197 86/197
Property rights 38.1 67.3
Government integrity 18.9 44
Judicial effectiveness 21.2 61.9
Tax burden 90.3 85.1
Government spending 89.9 30.2
Fiscal health 92.7 32.7
Business freedom 60.8 70.8
Labor freedom 48.3 56.5
Monetary freedom 77 72.1
Trade freedom 67.8 79.4
Investment freedom 50 80
Financial freedom 50 70

Economic freedom comparison by year

Cambodia
Hungary
1x
Year Economic freedom index
Cambodia Hungary
2026 58.7 62.5
2025 58.2 61.4
2024 55.6 61.2
2023 56.5 64.1
2022 57.1 66.9
2021 57.3 67.2
2020 57.3 66.4
2019 57.8 65
2018 58.7 66.7
2017 59.5 65.8
2016 57.9 66
2015 57.5 66.8
2014 57.4 67
2013 58.5 67.3
2012 57.6 67.1
2011 57.9 66.6
2010 56.6 66.1
2009 56.6 66.8
2008 55.9 67.6
2007 55.9 64.8
2006 56.7 65
2005 60 63.5
2004 61.1 62.7
2003 63.7 63
2002 60.7 64.5
2001 59.6 65.6
2000 59.3 64.4
1999 59.9 59.6
1998 59.8 56.9
1997 52.8 55.3
1996 - 56.8
1995 - 55.2

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Cambodia is 58.7, ranking 108/197, compared to 62.5 for Hungary, ranking 86/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cambodia Hungary
Services, % of GDP
35.6%
2024
59.5%
2024
Industry, % of GDP
41.8%
2024
23.7%
2024
Agriculture, forestry, and fishing, % of GDP
16.6%
2024
2.71%
2024
GNI, Atlas method
$44.9B
2024
$199B
2024
GNI per capita, PPP
$7,910
2024
$47,290
2024
Total reserves including gold
$22.5B
2024
$46.4B
2024
Total reserves ranking
58/177
2024
42/177
2024
Net foreign direct investment
-$4.22B
2024
-$15.8B
2024
Net inflows of foreign direct investment
$4.39B
2024
-$62.2B
2024
Net outflows of foreign direct investment
$172M
2024
-$78B
2024
Servicing debt to the IMF, % of GNI
7.41%
2024
n/a
Poverty at national poverty lines
17.7%
2012
12.1%
2021
Gross capital formation, % of GDP
32.2%
2024
23.5%
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/hungary | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1968–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1927–1994, retrieved 2026-02-20)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.