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Economy of Cambodia vs Taiwan compared: GDP & Debt

Updated on by Georank team

Cambodia has a GDP of $46.4B compared to $802B for Taiwan, ranking 97/197 and 22/197 by economy size, respectively.

Cambodia has $12B in government debt (25.9% of GDP), compared to $211B (26.3% of GDP) in Taiwan.

Cambodia vs Taiwan GDP by year

Cambodia
Taiwan
1x
Year GDP, current $
Cambodia Taiwan
2024 $46,352,647,037 $801,529,000,000
2023 $42,335,646,896 $757,328,000,000
2022 $39,994,532,960 $765,529,000,000
2021 $36,790,163,687 $777,062,000,000
2020 $34,818,073,901 $676,935,000,000
2019 $36,685,356,408 $613,453,000,000
2018 $33,145,892,169 $610,744,000,000
2017 $29,355,665,910 $591,734,000,000
2016 $26,556,545,153 $543,002,000,000
2015 $24,174,170,369 $534,474,000,000
2014 $22,041,463,968 $535,332,000,000
2013 $19,807,135,253 $512,957,000,000
2012 $17,826,536,700 $495,536,000,000
2011 $16,032,622,024 $483,957,000,000
2010 $13,808,673,288 $444,245,000,000
2009 $12,502,901,170 $390,788,000,000
2008 $12,174,303,999 $415,824,000,000
2007 $10,127,916,460 $406,940,000,000
2006 $8,350,531,017 $386,492,000,000
2005 $7,066,296,463 $374,042,000,000
2004 $5,883,297,160 $346,881,000,000
2003 $5,046,693,484 $317,374,000,000
2002 $4,501,227,627 $307,429,000,000
2001 $4,145,665,970 $299,303,000,000
2000 $3,694,168,979 $330,725,000,000
1999 $3,517,242,477 $303,827,000,000
1998 $3,120,425,503 $279,926,000,000
1997 $3,443,413,389 $303,315,000,000
1996 $3,506,695,720 $292,473,000,000
1995 $3,441,205,693 $279,013,000,000
1994 $2,791,435,272 $256,213,000,000
1993 $2,533,727,592 $234,943,000,000
1992 $2,491,486,594 $222,947,000,000
1991 $2,054,974,089 $187,100,000,000
1990 $1,402,541,177 $166,392,000,000
1989 $1,353,137,648 $152,687,000,000
1988 $1,662,877,859 $126,378,000,000
1987 $1,036,974,910 $104,956,000,000
1986 $1,167,630,318 $78,347,000,000
1985 $1,102,669,184 $63,599,000,000
1984 $1,021,176,059 $61,036,000,000
1983 $939,291,262 $54,155,000,000
1982 $865,516,040 $49,540,000,000
1981 $815,153,652 $49,047,000,000
1980 $744,384,130 $42,292,000,000
1979 $723,738,503 $33,875,000,000
1978 $766,642,356 $27,373,000,000
1977 $716,261,764 $22,252,000,000
1976 $790,357,255 $18,988,000,000
1975 $749,129,748 $15,836,000,000
1974 - $14,739,000,000
1973 - $10,940,000,000
1972 - $8,063,000,000
1971 - $6,727,000,000
1970 - $5,785,000,000
1969 - $5,017,000,000
1968 - $4,325,000,000
1967 - $3,709,000,000
1966 - $3,207,000,000
1965 - $2,869,000,000
1964 - $2,592,000,000
1963 - $2,218,000,000
1962 - $1,960,000,000
1961 - $1,778,000,000
1960 - $1,743,000,000
1959 - $1,444,000,000
1958 - $1,836,000,000
1957 - $1,636,000,000
1956 - $1,399,000,000
1955 - $1,940,000,000
1954 - $1,628,000,000
1953 - $1,481,000,000
1952 - $1,677,000,000
1951 - $1,197,000,000

Data sources: National Statistics, Taiwan (1951–2024, retrieved 2026-02-09); World Bank | Economy & Growth (1975–2024, retrieved 2026-04-06).

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

GDP per capita in Cambodia vs Taiwan by year

Cambodia
GDP per capita

GDP per capita, PPP
Taiwan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cambodia Taiwan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,628 $7,967 $34,238 -
2023 $2,430 $7,431 $32,444 -
2022 $2,325 $6,919 $32,827 -
2021 $2,167 $6,226 $33,111 -
2020 $2,082 $5,942 $28,705 -
2019 $2,226 $6,154 $25,998 -
2018 $2,037 $5,617 $25,901 -
2017 $1,826 $5,050 $25,121 $50,500
2016 $1,675 $4,748 $23,091 -
2015 $1,547 $4,434 $22,780 $46,800
2014 $1,432 $4,118 $22,874 -
2013 $1,306 $3,891 $21,973 $39,600
2012 $1,193 $3,583 $21,295 $39,400
2011 $1,089 $3,223 $20,866 $38,200
2010 $952 $2,989 $19,197 $35,700
2009 $876 $2,854 $16,933 $32,000
2008 $866 $2,769 $18,081 $31,100
2007 $732 $2,566 $17,757 $30,100
2006 $612 $2,297 $16,934 $29,500
2005 $526 $2,038 $16,456 $27,500
2004 $444 $1,770 $15,317 $25,300
2003 $387 $1,598 $14,066 $23,400
2002 $350 $1,442 $13,686 $18,000
2001 $328 $1,357 $13,397 $17,200
2000 $296.4 $1,256 $14,908 $17,400
1999 $286.8 $1,134 $13,804 $16,100
1998 $258.8 $1,009 $12,820 -
1997 $297.6 $994 $14,020 -
1996 $325 $1,006 $13,641 -
1995 $343 $1,006 $13,119 -
1994 $302 $972 $12,150 -
1993 $294.1 $1,565 $11,242 -
1992 $307 $1,560 $10,768 -
1991 $267.3 $1,504 $9,125 -
1990 $190.2 $1,410 $8,205 -
1989 $191.3 - $7,613 -
1988 $244.1 - $6,370 -
1987 $158.1 - $5,350 -
1986 $185.8 - $4,036 -
1985 $182.4 - $3,314 -
1984 $174.7 - $3,224 -
1983 $166.7 - $2,903 -
1982 $159.2 - $2,699 -
1981 $154.3 - $2,720 -
1980 $143.2 - $2,389 -
1979 $142.2 - $1,950 -
1978 $147.1 - $1,606 -
1977 $126.4 - $1,330 -
1976 $128.8 - $1,158 -
1975 $113.8 - $985 -
1974 - - $934 -
1973 - - $706 -
1972 - - $530 -
1971 - - $451 -
1970 - - $397 -
1969 - - $357 -
1968 - - $319 -
1967 - - $280.8 -
1966 - - $249.1 -
1965 - - $229.3 -
1964 - - $213.6 -
1963 - - $188.6 -
1962 - - $172 -
1961 - - $161.2 -
1960 - - $163.4 -
1959 - - $140.4 -
1958 - - $185.1 -
1957 - - $170.5 -
1956 - - $150.6 -
1955 - - $216.3 -
1954 - - $188.3 -
1953 - - $177.7 -
1952 - - $208.4 -
1951 - - $154.3 -

Data sources: National Statistics, Taiwan (1951–2024, retrieved 2026-02-09); World Bank | Economy & Growth (1975–2024, retrieved 2026-04-06); Central Intelligence Agency (CIA) (1999–2017, retrieved 2026-02-20).

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

Cambodia's GDP per capita is $2,628, ranking 145/197, compared to $34,238 in Taiwan, ranking 35/197. Adjusted for purchasing power (GDP per capita PPP), Cambodia ranks 142nd at $7,967, while Taiwan ranks 44th at $50,500.

Economic indicators

Cambodia Taiwan
Gross domestic product
$46.4B
2024
$802B
2024
GDP rank
97/197
2024
22/197
2024
GDP growth
5.98%
2023-2024
2.3%
2023-2024
GDP per capita
$2,628
2024
$34,238
2024
GDP per capita rank
145/197
2024
35/197
2024
GDP per capita, PPP
$7,967
2024
$50,500
2017
GDP per capita PPP rank
142/197
2024
44/197
2017
Government debt
$12B
2024
$211B
2024
Debt-to-GDP ratio
25.9%
2024
26.3%
2024
Government debt per person
$681
2024
$9,020
2024
Government debt per person rank
156/185
2024
59/185
2024
Average annual personal income after taxes
$2,258
2026
$18,163
2026
Number of millionaires n/a
759,000
2025
Number of billionaires n/a
54
2025
Government expenditure, % of GDP
17.3%
2024
15.8%
2024
Consumer prices inflation
0.9%
2023-2024
2.2%
2023-2024
Central bank interest rate n/a
2%
2024
Unemployment rate
0.26%
2023
3.35%
2025
Population
18113986
23229461

Spending and national debt comparison by year

Cambodia
Spending

Debt
Taiwan
Spending

Debt
1x
Year % of GDP
Cambodia Taiwan
Government spending Government debt Government spending Government debt
2024 17.3% 25.9% 15.8% 26.3%
2023 19.1% 26.3% 17.1% 29%
2022 18.7% 25.5% 16% 29.5%
2021 21% 25.9% 15.4% 30.1%
2020 20.3% 25.2% 16.2% 32%
2019 17.6% 20.8% 15.3% 32.6%
2018 16.1% 21.1% 15.4% 33.8%
2017 16.2% 22.6% 15.4% 34.5%
2016 15.2% 21.8% 15.6% 35.4%
2015 14.5% 23.3% 15.5% 35.9%
2014 16.5% 24.2% - 37.5%
2013 16.4% 24.4% - 38.9%
2012 17.1% 24.9% - 39.2%
2011 16.5% 23.8% 18.3% 38.3%
2010 17% 23.4% - 36.9%
2009 17% 23.7% - 36.7%
2008 13.1% 23% - 33.4%
2007 12.3% 25.1% - 32.2%
2006 11.3% 26.7% - 33.3%
2005 11% 31.7% - 34.1%
2004 12.6% 38.7% - 33.4%
2003 14.5% 39.8% - 32.1%
2002 16.1% 37.8% - 29.8%
2001 14.5% 33.5% 22.5% 30.1%
2000 14.9% 34.9% - 26.2%
1999 13.8% 34.6% - 23.7%
1998 13.4% 37.2% - 23.7%
1997 12.4% 31.4% - 25%
1996 15.7% 30.1% - -
1995 - - - -
1994 - - - -
1993 - - - -
1992 - - - -
1991 - - 25.4% -
1990 - - - -
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - 23.6% -
1980 - - - -
1979 - - - -
1978 - - - -
1977 - - - -
1976 - - 21.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20); National Statistics, Taiwan (1976–2024, retrieved 2026-02-09).

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

In 2024, Cambodia's government spending was $8B, accounting for 17.3% of its GDP, while Taiwan spent $127B, or 15.8% of GDP.

Debt-to-GDP ratio is 25.9% in Cambodia and 26.3% in Taiwan, ranking 164/185 and 160/185, respectively.

Government deficit by year

Deficit/surplus
Cambodia

Taiwan
1x
Year Deficit/surplus, % of GDP
Cambodia Taiwan
2024 -2.67% 0.43%
2023 -2.83% -0.61%
2022 -0.29% 0.17%
2021 -5.18% -0.18%
2020 -2.53% -1.03%
2019 2.19% 0.11%
2018 0.28% 0.02%
2017 -0.76% -0.14%
2016 -0.29% -0.31%
2015 -0.65% 0.1%
2014 -1.24% -
2013 -2.01% -
2012 -3.57% -
2011 -3.76% -2.15%
2010 -3.09% -
2009 -3.98% -
2008 0.43% -
2007 0.62% -
2006 -0.15% -
2005 -0.34% -
2004 -3.23% -
2003 -5.69% -
2002 -6.07% -
2001 -4.95% -3.71%
2000 -4.76% -
1999 -3.79% -
1998 -5.35% -
1997 -3.7% -
1996 -7.53% -
1995 - -
1994 - -
1993 - -
1992 - -
1991 - -4.5%
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -0.78%
1980 - -
1979 - -
1978 - -
1977 - -
1976 - 1.39%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20); National Statistics, Taiwan (1976–2024, retrieved 2026-02-09).

GeoRank.org/economy/cambodia/taiwan | 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 Taiwan's surplus of $3.45B, or 0.43% of GDP.

Over the past 29 years, Cambodia recorded a fiscal deficit in 25 of those years, while Taiwan ran a deficit in 7 years. On average, Cambodia posted an annual deficit equal to 2.58% of GDP, compared to deficit of 0.61% of GDP for Taiwan.

Inflation comparison by year

Inflation
Cambodia

Taiwan
1x
Year Consumer prices inflation
Cambodia Taiwan
2024 0.9% 2.2%
2023 2.1% 2.5%
2022 5.3% 2.9%
2021 2.9% 2%
2020 2.9% -0.2%
2019 2% 0.6%
2018 2.4% 1.4%
2017 2.9% 0.6%
2016 3% 1.4%
2015 1.2% -0.3%
2014 3.9% 1.2%
2013 2.9% 0.8%
2012 2.9% 1.9%
2011 5.5% 1.4%
2010 4% 1%
2009 -0.7% -0.9%
2008 25% 3.5%
2007 7.7% 1.8%
2006 6.1% 0.6%
2005 6.3% 2.3%
2004 3.9% 1.6%
2003 1% -0.3%
2002 0% -0.2%
2001 -0.1% 0%
2000 -0.8% 1.2%
1999 2% 0.2%
1998 12.9% 1.7%
1997 10.5% 0.9%

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

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

Over the past 28 years, Cambodia has recorded an average annual inflation rate of 4.24%, compared with 1.14% in Taiwan. In 2024, inflation was 0.9% in Cambodia and 2.2% in Taiwan.

Balance of trade

Cambodia Taiwan
Current account balance
$228M
2024
$113B
2024
Current account balance ranking
65/190
2024
4/190
2024
Current account balance, % of GDP
+0.49%
2024
+14.1%
2024
Goods imports
$31.2B
2024
n/a
Goods exports
$26.8B
2024
n/a
Service imports
$3.08B
2024
n/a
Service exports
$4.97B
2024
n/a
Imports of goods and services, % of GDP
72.1%
2024
50.2%
2024
Exports of goods and services, % of GDP
71.4%
2024
63.3%
2024

Economic freedom indices

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

Cambodia Taiwan
Economic freedom 58.7 79.8
Economic freedom ranking 108/197 6/197
Property rights 38.1 83.4
Government integrity 18.9 74.3
Judicial effectiveness 21.2 94.3
Tax burden 90.3 78.9
Government spending 89.9 90
Fiscal health 92.7 92.9
Business freedom 60.8 78.6
Labor freedom 48.3 69
Monetary freedom 77 80.3
Trade freedom 67.8 86
Investment freedom 50 70
Financial freedom 50 60

Economic freedom comparison by year

Cambodia
Taiwan
1x
Year Economic freedom index
Cambodia Taiwan
2026 58.7 79.8
2025 58.2 79.7
2024 55.6 80
2023 56.5 80.7
2022 57.1 80.1
2021 57.3 78.6
2020 57.3 77.1
2019 57.8 77.3
2018 58.7 76.6
2017 59.5 76.5
2016 57.9 74.7
2015 57.5 75.1
2014 57.4 73.9
2013 58.5 72.7
2012 57.6 71.9
2011 57.9 70.8
2010 56.6 70.4
2009 56.6 69.5
2008 55.9 70.3
2007 55.9 69.4
2006 56.7 69.7
2005 60 71.3
2004 61.1 69.6
2003 63.7 71.7
2002 60.7 71.3
2001 59.6 72.8
2000 59.3 72.5
1999 59.9 71.5
1998 59.8 70.4
1997 52.8 70
1996 - 74.1
1995 - 74.2

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

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

The Economic Freedom Index for Cambodia is 58.7, ranking 108/197, compared to 79.8 for Taiwan, ranking 6/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cambodia Taiwan
Services, % of GDP
35.6%
2024
58.8%
2024
Industry, % of GDP
41.8%
2024
39.8%
2024
Agriculture, forestry, and fishing, % of GDP
16.6%
2024
1.47%
2024
GNI, Atlas method
$44.9B
2024
$832B
2024
GNI per capita, PPP
$7,910
2024
n/a
Total reserves including gold
$22.5B
2024
n/a
Total reserves ranking
58/177
2024
n/a
Net foreign direct investment
-$4.22B
2024
n/a
Net inflows of foreign direct investment
$4.39B
2024
n/a
Net outflows of foreign direct investment
$172M
2024
n/a
Servicing debt to the IMF, % of GNI
7.41%
2024
n/a
Poverty at national poverty lines
17.7%
2012
1.5%
2020
Gross capital formation, % of GDP
32.2%
2024
26.7%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); National Statistics, Taiwan (1985–2024, retrieved 2026-02-09); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1975–2024, retrieved 2026-04-06)
  2. National Statistics, Taiwan (1951–2025, retrieved 2026-02-09)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, 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. Central Intelligence Agency (CIA) (1999–2020, retrieved 2026-02-20)
  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.