In a powerful demonstration of national economic resilience, Cambodia successfully collected US$6.77 billion in total tax revenue throughout 2025. Despite navigating a complex global economic environment, the Kingdom’s two primary fiscal institutions achieved 100.23% of the year’s planned budgetary targets, signaling robust growth in domestic trade and investment.
Exceptional Performance by Customs and Taxation
The results, released on January 27, 2026, highlight the synchronized efforts of the General Department of Taxation (GDT) and the General Department of Customs and Excise (GDCE).
- Customs Success: The GDCE, led by Director-General H.E. Kun Nhim, collected US$3.2 billion, exceeding its target by an impressive 24.5%. H.E. Kun Nhim noted that these figures are comparable to the record-breaking performance of 2019, driven by high demand for automobiles, machinery, and construction materials.
- Internal Tax Growth: The GDT, headed by Director-General H.E. Kong Vibol, generated over US$3.5 billion. This represents a steady 3.25% increase from 2024, supported by improved tax administration and increased compliance in the manufacturing and financial sectors.
Strengthening Public Finances for 2026
The Royal Government of Cambodia has positioned these fiscal achievements as the foundation for its 2026 Law on Finance for Management. For the upcoming year, the government has authorized a revenue framework of approximately $7.5 billion, with fiscal revenue expected to contribute over $6.3 billion.
This reliance on tax and customs collections as the “backbone of public finances” reflects a maturing economy that is increasingly self-sustaining. The government has notably committed to not introducing new taxes or increasing rates in 2026, focusing instead on enhancing efficiency and supporting the private sector to improve living standards.
A Beacon for Foreign Investment
For foreign investors, Cambodia’s ability to meet and exceed its revenue targets despite external pressures is a key indicator of macroeconomic stability. The steady revenue stream allows the government to:
- Prioritize Infrastructure: Financing major projects that reduce logistics costs for businesses.
- Expand Social Protection: Ensuring a stable social environment that supports a healthy workforce.
- Maintain Fiscal Discipline: Reducing the need for external borrowing and safeguarding national sovereignty.
As Cambodia advances toward its goal of becoming an upper middle-income country by 2030, its transparent and efficient tax system remains a critical tool for fostering a competitive business climate and driving sustainable economic growth in Cambodia.
FAQ: Cambodia’s 2025 Tax Performance
According to GDCE reports, the primary drivers were imports of vehicles and machinery (36.2%), followed by miscellaneous consumer goods (32.2%) and petroleum products (23.7%).
No. The Royal Government has confirmed it will not introduce new taxes or increase existing rates in 2026, focusing instead on tax concessions and incentives to promote economic growth.
The revenue is primarily utilized to fund the national budget, which covers infrastructure development, social protection programs, national defense, and public administration reforms.