IMF Cuts Cambodia's 2026 Growth Forecast to 3.0% Amid Energy and Tourism Pressures

The International Monetary Fund cut its forecast for Cambodia's economic growth in 2026 to 3.0 percent, down sharply from 5.3 percent in 2025, the Phnom Penh Post reported on October 1. The IMF cited surging energy prices, declining tourist arrivals, slowing garment exports, reduced remittance flows and continued weakness in the property market.
Consumer inflation is projected to accelerate to 5.6 percent before stabilising as energy markets normalise. Cambodia's economy leans heavily on garment exports, tourism and money sent home by workers abroad, so swings in global fuel prices and regional conditions quickly reach factories, hotels and household budgets in Phnom Penh.
The fund noted structural buffers: foreign direct investment inflows have stayed resilient and international reserves remain healthy. It recommended targeted fiscal support, flexible monetary policy and governance reforms to rebuild longer-term macro-financial resilience.
On the same day, Cambodia's Ministry of Water Resources and Meteorology warned that two storms, Surigae and Choi-wan, would affect regional weather at the same time, bringing rain, strong winds and thunderstorms across much of the country from October 1 to 5. Growth, prices and weather were the three pressures Cambodian families faced as October began.
Published by GSM · USA (original Chinese edition)
Photo: 金边湄公河畔城市天际线实景,摄影:佚名,CC BY-SA 4.0,来源:Wikimedia Commons(File:Barges on the Tonle Sap river, Phnom Penh, Cambodia.jpg)

