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Economy of Cambodia vs Russia compared: GDP & Debt

Updated on by Georank team

Cambodia has a GDP of $46.4B compared to $2.17T for Russia, ranking 97/197 and 11/197 by economy size, respectively.

Cambodia has $12B in government debt (25.9% of GDP), compared to $440B (20.3% of GDP) in Russia.

Cambodia vs Russia GDP by year

Cambodia
Russia
1x
Year GDP, current $
Cambodia Russia
2024 $46,352,647,037 $2,173,835,806,672
2023 $42,335,646,896 $2,071,505,725,031
2022 $39,994,532,960 $2,291,612,121,335
2021 $36,790,163,687 $1,829,186,719,575
2020 $34,818,073,901 $1,493,075,894,362
2019 $36,685,356,408 $1,693,115,002,708
2018 $33,145,892,169 $1,657,328,773,461
2017 $29,355,665,910 $1,574,199,360,089
2016 $26,556,545,153 $1,276,786,350,881
2015 $24,174,170,369 $1,363,482,182,198
2014 $22,041,463,968 $2,059,241,589,895
2013 $19,807,135,253 $2,292,470,078,346
2012 $17,826,536,700 $2,208,293,553,878
2011 $16,032,622,024 $2,045,922,753,398
2010 $13,808,673,288 $1,524,916,715,224
2009 $12,502,901,170 $1,222,645,900,056
2008 $12,174,303,999 $1,660,848,058,303
2007 $10,127,916,460 $1,299,703,478,482
2006 $8,350,531,017 $989,932,071,353
2005 $7,066,296,463 $764,015,973,481
2004 $5,883,297,160 $591,016,690,732
2003 $5,046,693,484 $430,347,420,185
2002 $4,501,227,627 $345,470,494,418
2001 $4,145,665,970 $306,602,070,621
2000 $3,694,168,979 $259,710,142,197
1999 $3,517,242,477 $195,907,128,351
1998 $3,120,425,503 $270,955,486,862
1997 $3,443,413,389 $404,928,954,192
1996 $3,506,695,720 $391,724,890,744
1995 $3,441,205,693 $395,537,185,735
1994 $2,791,435,272 $395,077,301,248
1993 $2,533,727,592 $435,083,713,851
1992 $2,491,486,594 $460,290,556,901
1991 $2,054,974,089 $517,962,962,963
1990 $1,402,541,177 $517,014,446,228
1989 $1,353,137,648 $506,631,299,735
1988 $1,662,877,859 $554,828,660,436
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/russia | CC BY

GDP per capita in Cambodia vs Russia by year

Cambodia
GDP per capita

GDP per capita, PPP
Russia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cambodia Russia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,628 $7,967 $15,145 $47,405
2023 $2,430 $7,431 $14,403 $44,269
2022 $2,325 $6,919 $15,888 $40,939
2021 $2,167 $6,226 $12,637 $38,638
2020 $2,082 $5,942 $10,280 $31,491
2019 $2,226 $6,154 $11,640 $30,964
2018 $2,037 $5,617 $11,399 $28,629
2017 $1,826 $5,050 $10,835 $25,778
2016 $1,675 $4,748 $8,804 $24,012
2015 $1,547 $4,434 $9,427 $23,994
2014 $1,432 $4,118 $14,277 $25,688
2013 $1,306 $3,891 $15,941 $26,020
2012 $1,193 $3,583 $15,402 $24,274
2011 $1,089 $3,223 $14,305 $22,790
2010 $952 $2,989 $10,675 $20,490
2009 $876 $2,854 $8,563 $19,390
2008 $866 $2,769 $11,635 $20,164
2007 $732 $2,566 $9,101 $16,648
2006 $612 $2,297 $6,920 $14,912
2005 $526 $2,038 $5,323 $11,822
2004 $444 $1,770 $4,102 $10,227
2003 $387 $1,598 $2,975 $9,255
2002 $350 $1,442 $2,378 $8,037
2001 $328 $1,357 $2,100 $7,361
2000 $296.4 $1,256 $1,772 $6,825
1999 $286.8 $1,134 $1,331 $5,914
1998 $258.8 $1,009 $1,835 $5,465
1997 $297.6 $994 $2,738 $5,700
1996 $325 $1,006 $2,644 $5,518
1995 $343 $1,006 $2,666 $5,613
1994 $302 $972 $2,662 $5,734
1993 $294.1 $1,565 $2,931 $6,420
1992 $307 $1,560 $3,099 $6,862
1991 $267.3 $1,504 $3,490 $7,858
1990 $190.2 $1,410 $3,494 $8,028
1989 $191.3 - $3,430 -
1988 $244.1 - $3,778 -
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/russia | CC BY

Cambodia's GDP per capita is $2,628, ranking 145/197, compared to $15,145 in Russia, ranking 68/197. Adjusted for purchasing power (GDP per capita PPP), Cambodia ranks 142nd at $7,967, while Russia ranks 50th at $47,405.

Economic indicators

Cambodia Russia
Gross domestic product
$46.4B
2024
$2.17T
2024
GDP rank
97/197
2024
11/197
2024
GDP growth
5.98%
2023-2024
4.34%
2023-2024
GDP per capita
$2,628
2024
$15,145
2024
GDP per capita rank
145/197
2024
68/197
2024
GDP per capita, PPP
$7,967
2024
$47,405
2024
GDP per capita PPP rank
142/197
2024
50/197
2024
Government debt
$12B
2024
$440B
2024
Debt-to-GDP ratio
25.9%
2024
20.3%
2024
Government debt per person
$681
2024
$3,067
2024
Government debt per person rank
156/185
2024
98/185
2024
Average annual personal income after taxes
$2,258
2026
$10,464
2026
Market capitalization of domestic companies n/a
$650B
2023
Number of millionaires n/a
426,000
2025
Number of billionaires n/a
140
2025
Income share by richest 10% n/a
25.1%
2023
Income share by poorest 10% n/a
3.1%
2023
Government expenditure, % of GDP
17.3%
2024
36.9%
2024
Consumer prices inflation
0.9%
2023-2024
8.4%
2023-2024
Central bank interest rate n/a
16%
2025
Unemployment rate
0.26%
2023
2.43%
2024
Population
18113986
141906741

Spending and national debt comparison by year

Cambodia
Spending

Debt
Russia
Spending

Debt
1x
Year % of GDP
Cambodia Russia
Government spending Government debt Government spending Government debt
2024 17.3% 25.9% 36.9% 20.3%
2023 19.1% 26.3% 35.7% 19.5%
2022 18.7% 25.5% 35.2% 18.5%
2021 21% 25.9% 34.9% 16.5%
2020 20.3% 25.2% 39.2% 19.2%
2019 17.6% 20.8% 33.8% 13.7%
2018 16.1% 21.1% 32.6% 13.6%
2017 16.2% 22.6% 34.8% 14.3%
2016 15.2% 21.8% 36.6% 14.8%
2015 14.5% 23.3% 35.3% 15.3%
2014 16.5% 24.2% 34.9% 15.1%
2013 16.4% 24.4% 34.7% 12.3%
2012 17.1% 24.9% 34% 11.2%
2011 16.5% 23.8% 33.3% 10.3%
2010 17% 23.4% 35.5% 10.1%
2009 17% 23.7% 38.6% 9.92%
2008 13.1% 23% 32% 7.45%
2007 12.3% 25.1% 31.9% 8.03%
2006 11.3% 26.7% 29% 9.8%
2005 11% 31.7% 29.5% 14.9%
2004 12.6% 38.7% 29.6% 20.8%
2003 14.5% 39.8% 32.6% 28.3%
2002 16.1% 37.8% 33.8% 37.6%
2001 14.5% 33.5% 31.5% 44.4%
2000 14.9% 34.9% 30.7% 55.9%
1999 13.8% 34.6% 34.3% 92.4%
1998 13.4% 37.2% 39.7% 135.2%
1997 12.4% 31.4% - 51.5%
1996 15.7% 30.1% - 51.9%
1995 - - - 53.7%
1994 - - - 63.5%
1993 - - - 92.4%
1992 - - - 116%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1992–1996, retrieved 2026-02-20).

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

In 2024, Cambodia's government spending was $8B, accounting for 17.3% of its GDP, while Russia spent $802B, or 36.9% of GDP.

Debt-to-GDP ratio is 25.9% in Cambodia and 20.3% in Russia, ranking 164/185 and 175/185, respectively.

Government deficit by year

Deficit/surplus
Cambodia

Russia
1x
Year Deficit/surplus, % of GDP
Cambodia Russia
2024 -2.67% -1.6%
2023 -2.83% -2.22%
2022 -0.29% -1.34%
2021 -5.18% 0.78%
2020 -2.53% -3.99%
2019 2.19% 1.93%
2018 0.28% 2.92%
2017 -0.76% -1.47%
2016 -0.29% -3.67%
2015 -0.65% -3.39%
2014 -1.24% -1.07%
2013 -2.01% -1.16%
2012 -3.57% 0.38%
2011 -3.76% 1.43%
2010 -3.09% -3.19%
2009 -3.98% -5.89%
2008 0.43% 4.55%
2007 0.62% 5.59%
2006 -0.15% 7.8%
2005 -0.34% 7.6%
2004 -3.23% 4.57%
2003 -5.69% 1.35%
2002 -6.07% 0.67%
2001 -4.95% 2.99%
2000 -4.76% 3.11%
1999 -3.79% -3.59%
1998 -5.35% -7.42%
1997 -3.7% -
1996 -7.53% -
1995 - -
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 - -
1942 - -
1941 - -
1940 - 0.15%
1939 - 0.12%
1938 - 0.16%
1937 - 0.12%
1936 - 0.1%
1935 - 0.07%
1934 - 0.25%
1933 - 0.58%
1932 - 0.06%
1931 - -1.12%
1930 - -1.62%
1929 - -0.4%
1928 - -0.4%
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -
1912 - 0.69%
1911 - 1.26%
1910 - 1.52%
1909 - -0.15%
1908 - -0.83%
1907 - -0.86%
1906 - -3.19%
1905 - -7.72%
1904 - -5.13%
1903 - 1.04%
1902 - -1.57%
1901 - 0.14%
1900 - -0.36%
1899 - 0.66%
1898 - 0.03%
1897 - 0.34%
1896 - 1.3%
1895 - 0.7%
1894 - 1.43%
1893 - 0.63%
1892 - -1.16%
1891 - -0.97%
1890 - 0.01%
1889 - 1.34%
1888 - 0.88%
1887 - 0.14%
1886 - -0.84%
1885 - -0.75%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1885–1940, retrieved 2026-02-20).

GeoRank.org/economy/cambodia/russia | 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 Russia's deficit of $34.9B, or 1.6% of GDP.

Over the past 27 years, Cambodia recorded a fiscal deficit in 23 of those years, while Russia ran a deficit in 13 years. On average, Cambodia posted an annual deficit equal to 2.36% of GDP, compared to surplus of 0.21% of GDP for Russia.

Inflation comparison by year

Inflation
Cambodia

Russia
1x
Year Consumer prices inflation
Cambodia Russia
2024 0.9% 8.4%
2023 2.1% 5.9%
2022 5.3% 13.7%
2021 2.9% 6.7%
2020 2.9% 3.4%
2019 2% 4.5%
2018 2.4% 2.9%
2017 2.9% 3.7%
2016 3% 7%
2015 1.2% 15.5%
2014 3.9% 7.8%
2013 2.9% 6.8%
2012 2.9% 5.1%
2011 5.5% 8.4%
2010 4% 6.8%
2009 -0.7% 11.6%
2008 25% 14.1%
2007 7.7% 9%
2006 6.1% 9.7%
2005 6.3% 12.7%
2004 3.9% 10.9%
2003 1% 13.7%
2002 0% 15.8%
2001 -0.1% 21.5%
2000 -0.8% 20.8%
1999 2% 85.7%
1998 12.9% 27.7%
1997 10.5% 14.8%

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

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

Over the past 28 years, Cambodia has recorded an average annual inflation rate of 4.24%, compared with 13.4% in Russia. In 2024, inflation was 0.9% in Cambodia and 8.4% in Russia.

Top exports between countries

Cambodia
Export category Export value
Textiles & consumer goods $1.91M
Raw agricultural goods $1.35M
Processed food, beverages & tobacco $343K
Raw materials & minerals $305K
Machinery & equipment $201K
Chemicals & pharma $71K
Miscellaneous $67K
Metals $24K
Russia
Export category Export value
Miscellaneous $26.1M
Raw materials & minerals $3.95M
Wood & paper products $3.37M
Processed food, beverages & tobacco $1.32M
Textiles & consumer goods $1.19M
Machinery & equipment $979K
Chemicals & pharma $281K
Transport & tourism services $221K
Animal & marine products $129K
IT & IP services $107K

Balance of trade

Cambodia Russia
Current account balance
$228M
2024
$63.4B
2024
Current account balance ranking
65/190
2024
12/190
2024
Current account balance, % of GDP
+0.49%
2024
+2.91%
2024
Goods imports
$31.2B
2024
$302B
2024
Goods exports
$26.8B
2024
$434B
2024
Service imports
$3.08B
2024
$81.5B
2024
Service exports
$4.97B
2024
$43.1B
2024
Imports of goods and services, % of GDP
72.1%
2024
17.6%
2024
Exports of goods and services, % of GDP
71.4%
2024
21.9%
2024

Economic freedom indices

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

Cambodia Russia
Economic freedom 58.7 50.3
Economic freedom ranking 108/197 161/197
Property rights 38.1 18.6
Government integrity 18.9 22.8
Judicial effectiveness 21.2 22.8
Tax burden 90.3 81.9
Government spending 89.9 61.3
Fiscal health 92.7 94.4
Business freedom 60.8 51.4
Labor freedom 48.3 59.1
Monetary freedom 77 61.8
Trade freedom 67.8 69.4
Investment freedom 50 30
Financial freedom 50 30

Economic freedom comparison by year

Cambodia
Russia
1x
Year Economic freedom index
Cambodia Russia
2026 58.7 50.3
2025 58.2 51.6
2024 55.6 52
2023 56.5 53.8
2022 57.1 56.1
2021 57.3 61.5
2020 57.3 61
2019 57.8 58.9
2018 58.7 58.2
2017 59.5 57.1
2016 57.9 50.6
2015 57.5 52.1
2014 57.4 51.9
2013 58.5 51.1
2012 57.6 50.5
2011 57.9 50.5
2010 56.6 50.3
2009 56.6 50.8
2008 55.9 49.8
2007 55.9 52.2
2006 56.7 52.4
2005 60 51.3
2004 61.1 52.8
2003 63.7 50.8
2002 60.7 48.7
2001 59.6 49.8
2000 59.3 51.8
1999 59.9 54.5
1998 59.8 52.8
1997 52.8 48.6
1996 - 51.6
1995 - 51.1

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

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

The Economic Freedom Index for Cambodia is 58.7, ranking 108/197, compared to 50.3 for Russia, ranking 161/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cambodia Russia
Services, % of GDP
35.6%
2024
57.5%
2024
Industry, % of GDP
41.8%
2024
30.7%
2024
Agriculture, forestry, and fishing, % of GDP
16.6%
2024
2.74%
2024
GNI, Atlas method
$44.9B
2024
$2.24T
2024
GNI per capita, PPP
$7,910
2024
$46,780
2024
Total reserves including gold
$22.5B
2024
$597B
2023
Total reserves ranking
58/177
2024
6/177
2023
Net foreign direct investment
-$4.22B
2024
$9.37B
2024
Net inflows of foreign direct investment
$4.39B
2024
-$9.35B
2024
Net outflows of foreign direct investment
$172M
2024
-$170M
2024
Servicing debt to the IMF, % of GNI
7.41%
2024
2.65%
2024
Poverty at national poverty lines
17.7%
2012
12.1%
2020
Gross capital formation, % of GDP
32.2%
2024
26.3%
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/russia | 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 (1996–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1885–1996, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, 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.