Cambodia’s international reserves rose significantly in 2025, reaching around US$27.5 billion. This increase means the country now has enough reserves to cover eight months of imports, strengthening its economic stability.
The National Bank of Cambodia (NBC) reported that the country’s macroeconomic outlook remains stable despite slower global growth and regional uncertainties. High foreign reserves help support liquidity, maintain exchange rate stability, and ensure the ability to meet external debt obligations.
Several factors contributed to this rise in reserves. Higher global gold prices boosted the value of reserve assets. Income from overseas investments, positive exchange rate movements, and increased deposits from financial institutions and government agencies also played a role. Together, these factors led to a 22.3% increase compared to 2024.
With reserves now sufficient for eight months of imports, Cambodia’s external position is considered strong for a developing economy. This coverage is a key measure of resilience, showing the country can meet import demands even during economic shocks. Previously, reserve coverage was 6.6 months in 2024 and 6.1 months in 2022, highlighting a steady improvement over the years.
The NBC’s careful management of reserves, following international best practices, is expected to continue supporting Cambodia’s financial stability and economic resilience in the near term.
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