PHNOM PENH: Cambodia's economic outlook for 2024 continues to show promise, with gross domestic product (GDP) growth forecast at 6.0%, a slight increase from 2023's 5.8%, according to the Asian Development Outlook (ADO) September 2024 report.
This growth, primarily driven by industrial performance and a steady recovery in the services sector, places Cambodia in a favourable position relative to some of its regional neighbours, though it still faces significant challenges.
