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Economy of Cambodia vs South Korea compared: GDP & Debt

Updated on by Georank

Cambodia has a GDP of $51.3B compared to $1.87T for South Korea, ranking 94/197 and 13/197 by economy size, respectively.

Cambodia has $13.6B in government debt (26.5% of GDP), compared to $978B (52.3% of GDP) in South Korea.

Cambodia vs South Korea GDP by year

Cambodia
South Korea
1x
Year GDP, current $
Cambodia South Korea
2025 $51,267,065,843 $1,872,374,961,553
2024 $46,352,647,037 $1,875,388,209,407
2023 $42,335,646,896 $1,844,800,934,392
2022 $39,994,532,960 $1,799,363,116,867
2021 $36,790,163,687 $1,942,313,560,966
2020 $34,818,073,901 $1,744,070,276,373
2019 $36,685,356,408 $1,751,045,752,055
2018 $33,145,892,169 $1,824,251,454,307
2017 $29,355,665,910 $1,710,196,756,713
2016 $26,556,545,153 $1,579,150,518,945
2015 $24,174,170,369 $1,539,212,301,136
2014 $22,041,463,968 $1,556,252,422,020
2013 $19,807,135,253 $1,434,669,686,502
2012 $17,826,536,700 $1,335,343,586,438
2011 $16,032,622,024 $1,307,103,477,219
2010 $13,808,673,288 $1,192,830,015,738
2009 $12,502,901,170 $983,065,242,417
2008 $12,174,303,999 $1,091,580,692,542
2007 $10,127,916,460 $1,220,911,904,593
2006 $8,350,531,017 $1,095,175,538,508
2005 $7,066,296,463 $971,740,329,984
2004 $5,883,297,160 $823,251,107,639
2003 $5,046,693,484 $728,516,494,684
2002 $4,501,227,627 $650,014,391,470
2001 $4,145,665,970 $567,564,806,235
2000 $3,694,168,979 $597,487,173,479
1999 $3,517,242,477 $515,697,079,289
1998 $3,120,425,503 $397,297,216,492
1997 $3,443,413,389 $589,202,526,424
1996 $3,506,695,720 $631,196,863,758
1995 $3,441,205,693 $586,286,469,401
1994 $2,791,435,272 $479,181,794,217
1993 $2,533,727,592 $405,705,302,846
1992 $2,491,486,594 $366,921,291,825
1991 $2,054,974,089 $340,851,946,804
1990 $1,402,541,177 $292,064,221,389
1989 $1,353,137,648 $254,236,243,100
1988 $1,662,877,859 $205,477,530,605
1987 $1,036,974,910 $152,240,393,646
1986 $1,167,630,318 $119,965,960,795
1985 $1,102,669,184 $103,764,281,281
1984 $1,021,176,059 $99,749,645,089
1983 $939,291,262 $89,621,208,322
1982 $865,516,040 $79,921,300,447
1981 $815,153,652 $74,287,368,087
1980 $744,384,130 $66,547,970,351
1979 $723,738,503 $68,083,884,298
1978 $766,642,356 $52,824,793,388
1977 $716,261,764 $39,064,462,810
1976 $790,357,255 $30,371,074,380
1975 $749,129,748 $22,126,033,058
1974 - $19,860,929,977
1973 - $14,067,523,813
1972 - $10,990,490,570
1971 - $10,005,257,131
1970 - $9,085,001,794
1969 - $7,743,940,189
1968 - $6,167,109,472
1967 - $4,895,076,718
1966 - $3,957,064,541
1965 - $3,141,131,708
1964 - $3,476,789,682
1963 - $4,007,692,308
1962 - $2,826,923,077
1961 - $2,427,244,761
1960 - $3,973,069,307

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/cambodia/south-korea | CC BY

GDP per capita in Cambodia vs South Korea by year

Cambodia
GDP per capita

GDP per capita, PPP
South Korea
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cambodia South Korea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,872 - $36,227 -
2024 $2,628 $7,967 $36,239 $61,051
2023 $2,430 $7,431 $35,674 $57,430
2022 $2,325 $6,919 $34,822 $55,509
2021 $2,167 $6,226 $37,518 $51,718
2020 $2,082 $5,942 $33,646 $47,881
2019 $2,226 $6,154 $33,827 $46,511
2018 $2,037 $5,617 $35,364 $45,511
2017 $1,826 $5,050 $33,297 $43,156
2016 $1,675 $4,748 $30,832 $41,673
2015 $1,547 $4,434 $30,172 $39,794
2014 $1,432 $4,118 $30,667 $37,032
2013 $1,306 $3,891 $28,449 $35,844
2012 $1,193 $3,583 $26,601 $35,062
2011 $1,089 $3,223 $26,175 $33,944
2010 $952 $2,989 $24,071 $33,120
2009 $876 $2,854 $19,937 $30,740
2008 $866 $2,769 $22,252 $31,211
2007 $732 $2,566 $25,078 $30,255
2006 $612 $2,297 $22,610 $27,972
2005 $526 $2,038 $20,167 $26,179
2004 $444 $1,770 $17,122 $24,658
2003 $387 $1,598 $15,212 $22,920
2002 $350 $1,442 $13,643 $22,173
2001 $328 $1,357 $11,981 $20,442
2000 $296.4 $1,256 $12,710 $19,237
1999 $286.8 $1,134 $11,063 $17,421
1998 $258.8 $1,009 $8,583 $15,500
1997 $297.6 $994 $12,822 $16,241
1996 $325 $1,006 $13,865 $15,164
1995 $343 $1,006 $13,002 $13,921
1994 $302 $972 $10,734 $12,551
1993 $294.1 $1,565 $9,180 $11,349
1992 $307 $1,560 $8,387 $10,468
1991 $267.3 $1,504 $7,873 $9,724
1990 $190.2 $1,410 $6,813 $8,567
1989 $191.3 - $5,989 -
1988 $244.1 - $4,889 -
1987 $158.1 - $3,658 -
1986 $185.8 - $2,911 -
1985 $182.4 - $2,543 -
1984 $174.7 - $2,469 -
1983 $166.7 - $2,246 -
1982 $159.2 - $2,032 -
1981 $154.3 - $1,918 -
1980 $143.2 - $1,746 -
1979 $142.2 - $1,814 -
1978 $147.1 - $1,429 -
1977 $126.4 - $1,073 -
1976 $128.8 - $847 -
1975 $113.8 - $627 -
1974 - - $572 -
1973 - - $412 -
1972 - - $328 -
1971 - - $304 -
1970 - - $281.8 -
1969 - - $245.5 -
1968 - - $200 -
1967 - - $162.5 -
1966 - - $134.4 -
1965 - - $109.4 -
1964 - - $124.2 -
1963 - - $147 -
1962 - - $106.6 -
1961 - - $94.2 -
1960 - - $158.8 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/cambodia/south-korea | CC BY

Cambodia's GDP per capita is $2,872, ranking 148/197, compared to $36,227 in South Korea, ranking 33/197. Adjusted for purchasing power (GDP per capita PPP), Cambodia ranks 142nd at $7,967, while South Korea ranks 33rd at $61,051.

Economic indicators

Cambodia South Korea
Gross domestic product
$51.3B
2025
$1.87T
2025
GDP rank
94/197
2025
13/197
2025
GDP growth
5.35%
2024-2025
1.01%
2024-2025
GDP per capita
$2,872
2025
$36,227
2025
GDP per capita rank
148/197
2025
33/197
2025
GDP per capita, PPP
$7,967
2024
$61,051
2024
GDP per capita PPP rank
142/197
2024
33/197
2024
Government debt
$13.6B
2025
$978B
2025
Debt-to-GDP ratio
26.5%
2025
52.3%
2025
Government debt per person
$760
2025
$18,930
2025
Government debt per person rank
153/185
2025
34/185
2025
Average annual personal income after taxes
$2,268
2026
$25,661
2026
Market capitalization of domestic companies n/a
$2.76T
2025
Number of millionaires n/a
1,317,000
2026
Number of billionaires n/a
49
2026
Income share by richest 10% n/a
25%
2021
Income share by poorest 10% n/a
2.9%
2021
Government expenditure, % of GDP
16.3%
2025
24%
2025
Consumer prices inflation
2.5%
2024-2025
2.12%
2024-2025
Central bank interest rate n/a
2.5%
2025
Unemployment rate
0.26%
2023
2.79%
2025
Population
18159213
51624449

Spending and national debt comparison by year

Cambodia
Spending

Debt
South Korea
Spending

Debt
1x
Year % of GDP
Cambodia South Korea
Government spending Government debt Government spending Government debt
2025 16.3% 26.5% 24% 52.3%
2024 16.6% 26.1% 22.5% 49.7%
2023 19.1% 26.3% 23.1% 50.5%
2022 18.5% 25.3% 26.7% 49.8%
2021 21.4% 26.4% 24.1% 48%
2020 20.5% 25.5% 23.7% 45.9%
2019 17.9% 21.2% 21.3% 39.7%
2018 16.2% 21.3% 19.3% 37.9%
2017 16.3% 22.9% 18.6% 38%
2016 15.3% 22% 18.5% 39.1%
2015 14.5% 23.4% 18.8% 38.8%
2014 16.4% 24% 18.8% 37.9%
2013 16.5% 24.6% 19% 36%
2012 17.2% 25% 18.8% 33.5%
2011 16.4% 23.7% 18.3% 31.7%
2010 17.1% 23.5% 17.9% 28.3%
2009 16.6% 23.1% 19.5% 28.8%
2008 12.9% 22.7% 19.1% 25.9%
2007 12.4% 25.3% 18.8% 26.3%
2006 11.2% 26.6% 18.7% 27%
2005 10.8% 31.3% 18.2% 24.9%
2004 12.4% 38.1% 18.5% 21.6%
2003 14.5% 39.6% 17.9% 19.1%
2002 16% 37.8% 15.9% 16.4%
2001 14.6% 33.6% 16.9% 16.6%
2000 14.6% 34.1% 16% 16.1%
1999 13.8% 34.7% 16.1% 15.8%
1998 13.4% 37.2% 16% 13.8%
1997 12.4% 31.6% 13.9% 9.69%
1996 15.7% 30.2% 14% 7.81%
1995 - - 13.5% 8.48%
1994 - - 15.4% 9.63%
1993 - - 15.1% 10.9%
1992 - - 15.5% 11.6%
1991 - - 15.4% 11.9%
1990 - - 15.2% 12.8%
1989 - - 15% 12.4%
1988 - - 13.9% 12.7%
1987 - - 14.3% 15.3%
1986 - - 14.9% 14.5%
1985 - - 15.5% 16.2%
1984 - - 15.6% 16.9%
1983 - - 16% 19.3%
1982 - - 17.8% 20.5%
1981 - - 16.3% 18.8%
1980 - - 16.8% 18.6%
1979 - - 16.3% 15.7%
1978 - - 15.7% 18.4%
1977 - - 17.7% 20.1%
1976 - - 17% 20.4%
1975 - - 18.8% 21.5%
1974 - - 16.1% 18.6%
1973 - - 14.2% 17.9%
1972 - - 18.5% 18.3%
1971 - - 18.5% 14.5%
1970 - - 17.5% 6.95%
1969 - - 19.8% 2.63%
1968 - - 18.5% 2.76%
1967 - - 16.7% 3.74%
1966 - - 16% 4.44%
1965 - - 13.1% 6.14%
1964 - - 12.1% 6.57%
1963 - - 15.4% 9.21%
1962 - - 22.3% 13%
1961 - - 21.2% 13.4%
1960 - - 17.9% 13.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-07-08).

GeoRank.org/economy/cambodia/south-korea | CC BY

In 2025, Cambodia's government spending was $8.36B, accounting for 16.3% of its GDP, while South Korea spent $449B, or 24% of GDP.

Debt-to-GDP ratio is 26.5% in Cambodia and 52.3% in South Korea, ranking 166/185 and 98/185, respectively.

Government deficit by year

Deficit/surplus
Cambodia

South Korea
1x
Year Deficit/surplus, % of GDP
Cambodia South Korea
2025 -1% -1.43%
2024 -1.45% -0.78%
2023 -2.83% -0.67%
2022 -0.29% -1.49%
2021 -5.27% -0.02%
2020 -2.56% -2.11%
2019 2.23% 0.35%
2018 0.28% 2.42%
2017 -0.77% 2.08%
2016 -0.29% 1.56%
2015 -0.65% 0.5%
2014 -1.24% 0.57%
2013 -2.02% 0.79%
2012 -3.58% 1.63%
2011 -3.75% 1.72%
2010 -3.11% 1.61%
2009 -3.88% 0.24%
2008 0.42% 1.58%
2007 0.63% 2.49%
2006 -0.15% 1.18%
2005 -0.34% 0.95%
2004 -3.18% 0.09%
2003 -5.67% 1.51%
2002 -6.06% 3.23%
2001 -4.96% 2.42%
2000 -4.66% 3.91%
1999 -3.8% 1.15%
1998 -5.36% 1.09%
1997 -3.72% 2.31%
1996 -7.54% 2.3%
1995 - 2.16%
1994 - 2.06%
1993 - 3.21%
1992 - 2.42%
1991 - 1.94%
1990 - 2.98%
1989 - 2.27%
1988 - 2.85%
1987 - 1.7%
1986 - 0.8%
1985 - 0.47%
1984 - 0.78%
1983 - 1.05%
1982 - -0.41%
1981 - 0.99%
1980 - 0.46%
1979 - 0.47%
1978 - -0.27%
1977 - -1.81%
1976 - -0.87%
1975 - -3.68%
1974 - -2.78%
1973 - -1.72%
1972 - -4.33%
1971 - -1.3%
1970 - -0.52%
1969 - -2.85%
1968 - -2.36%
1967 - -2.87%
1966 - -4.27%
1965 - -3.43%
1964 - -4.1%
1963 - -4.32%
1962 - -7.82%
1961 - -9.48%
1960 - -5.18%
1959 - -6.52%
1958 - -10%
1957 - -10.1%
1956 - -10.8%
1955 - -10.6%
1954 - -10.3%
1953 - -4.14%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1953–1994, retrieved 2026-07-08).

GeoRank.org/economy/cambodia/south-korea | CC BY

In 2025, Cambodia's government deficit, the difference between spending and revenue, was $513M, equivalent to 1% of GDP. This compares to South Korea's deficit of $26.8B, or 1.43% of GDP.

Over the past 30 years, Cambodia recorded a fiscal deficit in 26 of those years, while South Korea ran a deficit in 6 years. On average, Cambodia posted an annual deficit equal to 2.49% of GDP, compared to surplus of 1.04% of GDP for South Korea.

Inflation comparison by year

Inflation
Cambodia

South Korea
1x
Year Consumer prices inflation
Cambodia South Korea
2025 2.5% 2.12%
2024 0.8% 2.32%
2023 2.1% 3.6%
2022 5.3% 5.09%
2021 2.9% 2.5%
2020 2.9% 0.54%
2019 1.9% 0.38%
2018 2.5% 1.48%
2017 2.9% 1.94%
2016 3% 0.97%
2015 1.2% 0.71%
2014 3.9% 1.27%
2013 2.9% 1.3%
2012 2.9% 2.19%
2011 5.5% 4.03%
2010 4% 2.94%
2009 -0.7% 2.76%
2008 25% 4.67%
2007 7.7% 2.53%
2006 6.1% 2.24%
2005 6.3% 2.75%
2004 3.9% 3.59%
2003 1% 3.51%
2002 0% 2.76%
2001 -0.1% 4.07%
2000 -0.8% 2.26%
1999 2% 0.81%
1998 12.9% 7.51%
1997 10.5% 4.44%

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/south-korea | CC BY

Over the past 29 years, Cambodia has recorded an average annual inflation rate of 4.17%, compared with 2.67% in South Korea. In 2025, inflation was 2.5% in Cambodia and 2.12% in South Korea.

Top exports between countries

Cambodia
Export category Export value
Textiles & consumer goods $166M
Machinery & equipment $112M
Metals $32M
Chemicals & pharma $6.12M
Raw materials & minerals $3.26M
Raw agricultural goods $2.69M
Processed food, beverages & tobacco $2.02M
Wood & paper products $1.89M
Animal & marine products $814K
Miscellaneous $183K
South Korea
Export category Export value
Machinery & equipment $228M
Chemicals & pharma $147M
Textiles & consumer goods $112M
Processed food, beverages & tobacco $104M
Animal & marine products $49.8M
Raw materials & minerals $17.5M
Metals $14.8M
Wood & paper products $2M
Raw agricultural goods $1.73M
Miscellaneous $948K

Balance of trade

Cambodia South Korea
Current account balance
-$1.87B
2025
$123B
2025
Current account balance ranking
139/190
2025
4/190
2025
Current account balance, % of GDP
-3.64%
2025
+6.57%
2025
Goods imports
$36.9B
2025
$581B
2025
Goods exports
$31.4B
2025
$719B
2025
Service imports
$3.22B
2025
$185B
2025
Service exports
$5.35B
2025
$150B
2025
Imports of goods and services, % of GDP
67.4%
2025
40.6%
2025
Exports of goods and services, % of GDP
68.6%
2025
45.8%
2025

Economic freedom indices

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

Cambodia South Korea
Economic freedom 58.7 73.7
Economic freedom ranking 108/197 24/197
Property rights 38.1 89.6
Government integrity 18.9 70.9
Judicial effectiveness 21.2 77.5
Tax burden 90.3 61.5
Government spending 89.9 82.6
Fiscal health 92.7 93.5
Business freedom 60.8 81.5
Labor freedom 48.3 55
Monetary freedom 77 79.3
Trade freedom 67.8 73
Investment freedom 50 60
Financial freedom 50 60

Economic freedom comparison by year

Cambodia
South Korea
1x
Year Economic freedom index
Cambodia South Korea
2026 58.7 73.7
2025 58.2 74
2024 55.6 73.1
2023 56.5 73.7
2022 57.1 74.6
2021 57.3 74
2020 57.3 74
2019 57.8 72.3
2018 58.7 73.8
2017 59.5 74.3
2016 57.9 71.7
2015 57.5 71.5
2014 57.4 71.2
2013 58.5 70.3
2012 57.6 69.9
2011 57.9 69.8
2010 56.6 69.9
2009 56.6 68.1
2008 55.9 68.6
2007 55.9 67.8
2006 56.7 67.5
2005 60 66.4
2004 61.1 67.8
2003 63.7 68.3
2002 60.7 69.5
2001 59.6 69.1
2000 59.3 69.7
1999 59.9 69.7
1998 59.8 73.3
1997 52.8 69.8
1996 - 73
1995 - 72

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

GeoRank.org/economy/cambodia/south-korea | CC BY

The Economic Freedom Index for Cambodia is 58.7, ranking 108/197, compared to 73.7 for South Korea, ranking 24/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cambodia South Korea
Services, % of GDP
35%
2025
57.2%
2025
Industry, % of GDP
43.1%
2025
34.3%
2025
Agriculture, forestry, and fishing, % of GDP
16.1%
2025
1.46%
2025
GNI, Atlas method
$49.1B
2025
$1.96T
2025
GNI per capita, PPP
$8,390
2025
$64,210
2025
Total reserves including gold
$27.5B
2025
$437B
2025
Total reserves ranking
60/177
2025
9/177
2025
Net foreign direct investment
-$4.96B
2025
$25.4B
2025
Net inflows of foreign direct investment
$4.39B
2024
$12.9B
2024
Net outflows of foreign direct investment
$172M
2024
$49.7B
2024
Servicing debt to the IMF, % of GNI
7.41%
2024
n/a
Poverty at national poverty lines
17.7%
2012
14.4%
2020
Gross capital formation, % of GDP
31.5%
2025
29.1%
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/south-korea | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1953–1994, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, 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.