Impact debt trap of China to Cambodia by Mr. Sakoun Sok, Social Analyst

Cambodia recorded a government debt equivalent to 29.40 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Cambodia averaged 32.72 percent from 1996 until 2018, reaching an all time high of 43.10 percent in 2003 and a record low of 27 percent in 2008.

 

Prime Minister Hun Sen said on Friday that Cambodia would not fall into a so-called debt trap as it embraces China’s Belt and Road Initiative (BRI) as the Kingdom only accepted projects beneficial to the country.