Transcribed
Cambodia - Demand-side contributions to growth
3.23.1 Demand-side contributions to growth Private consumption Government consumption Total investment Net exports Statistical discrepancy GDP Percentage points 20_ 6.7 7.2 7.1 10- 6.0 0.1 -10- 2008 2009 2010 2011 2012 Sources: National Institute of Statistics; ADB estimates.
Cambodia - Demand-side contributions to growth
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Higher inflows of foreign direct investment contributed to strong economic growth in 2012. Outcomes
exceeded expectations in agriculture, construction, and tourism. The forecast is for further robust ...
growth,
with the trajectory expected to steepen slightly in 2014 with recovery in major export markets. Inflation
subsided in 2012 and is projected to remain modest through the forecast period. Although poverty has
declined, persistently high child malnutrition remains a critical development challenge.
GDP growth picked up to 7.2% in 2012, driven by robust consumption and
investment (Figure 3.23.1). Consumption expanded by an estimated 9.5%
and made the biggest contribution to GDP growth from the demand side.
Gross fixed investment increased by 30%, spurred by a surge in foreign
direct investment (FDI) and higher bank lending. However, net exports
dragged on GDP growth as they fell, partly reflecting elevated imports
needed for power-generation projects.
Sources: National Institute of Statistics; ADB estimates
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