Cambodia vs Thailand
A data-driven side-by-side: investment score, economy, business climate, political stability, and tax — to help you decide where to invest, incorporate, or relocate.
Overall: Thailand ranks higher
Thailand scores 64/100 on our composite investment index, ahead of Cambodia at 44/100. This blends economic strength, political stability, business climate, financial maturity, and growth outlook. Read the breakdown below to see where each country actually leads.
Category breakdown
52
Economic strength
Thailand leads
65
28
Political stability
Thailand leads
52
42
Business climate
Thailand leads
68
38
Financial maturity
Thailand leads
72
72
Growth outlook
Cambodia leads
62
Macro snapshot
32
GDP (USD bn)
-483.0 bn
515
5.8%
GDP growth (%)
+3.3 pp
2.5%
$1,900
GDP per capita (USD)
-5400.0
$7,300
2.5%
Inflation (%)
+1.3 pp
1.2%
11.0%
FDI (% of GDP)
+8.2 pp
2.8%
41%
Public debt (% of GDP)
-21.0 pp
62%
17
Population (M)
-55.0M
72
Cambodia — strong sectors
- Garment & Textiles16.0% of GDP72
- Tourism12.0% of GDP68
- Construction9.0% of GDP65
- Digital Economy2.0% of GDP58
Thailand — strong sectors
- Tourism12.0% of GDP85
- Automotive7.0% of GDP78
- Electronics15.0% of GDP75
- Agriculture8.0% of GDP68
Frequently asked
Which is better for investment: Cambodia or Thailand?
Our composite investment index gives Cambodia a score of 44/100 and Thailand a score of 64/100. Thailand ranks higher overall, but the right answer depends on your sector and risk tolerance — see the category breakdown above.
Is Cambodia a safer market than Thailand?
Risk classification puts Cambodia as caution (Significant risks present - experienced investors with hedging strategies) and Thailand as moderate (Growing economy with manageable risks - suitable for diversified portfolios).
Which has higher GDP growth: Cambodia or Thailand?
Cambodia is currently growing at 5.8% per year, vs 2.5% for Thailand. Cambodia has the faster headline growth rate today.