Cambodia’s General Department of Taxation (GDT) has reported a robust performance in tax revenue collection for the first half of 2026. The Ministry of Economy and Finance anticipates that the overall tax revenue collection for the entire year will reach approximately 102.1% of the target set in the annual finance law. This projection indicates a significant overachievement compared to the initial plan.
During the period from January to June, the GDT successfully collected 8,301,196 million Cambodian Riel, which translates to approximately $2 billion US dollars. This substantial collection already represents 62.5% of the total target outlined in the 2026 annual finance law. A report on the national budget implementation for the first half of 2026, issued by the Ministry of Economy and Finance, highlighted the General Department of Taxation’s strong income generation. The revenue collected by the GDT in the first six months of 2026 was notably higher by 11.2 percentage points compared to the same period in 2025. In the corresponding period of 2025, collections stood at 51.3% of the finance law target. When calculated in monetary terms, tax revenue saw a significant increase of 15.2% year-on-year.
The Ministry of Economy further detailed the composition of the over $2 billion in tax revenue collected during the first half of the year. Approximately 51% of this total was derived from income tax. Value Added Tax (VAT) from domestic sources contributed about 28%, while special taxes on domestic goods and services accounted for roughly 8% of the total national budget tax revenue.
The Ministry of Economy and Finance underscored that, overall, tax revenue collection in the first half of 2026 significantly outperformed the same period in 2025. This strong performance is primarily attributed to a substantial increase in income tax collections, alongside healthy growth in other categories of national taxes. Based on current estimates, the ministry projects that by the end of 2026, total tax revenue will likely achieve approximately 102.1% of the figure stipulated in the 2026 financial law.
According to the Ministry of Economy, the anticipated overperformance in tax revenue for 2026 is largely due to sustained growth expected across several key economic sectors. These include the financial sector, transport and storage, manufacturing, and import/export activities. Furthermore, positive factors stemming from the implementation of effective policy measures and sharp reforms by the Royal Government have played a crucial role. These reforms are geared towards modernizing tax administration, ensuring efficient revenue mobilization without negatively impacting overall economic growth and development.
Under the 2026 Budget Law, the Cambodian government had initially projected to collect a total of $6.8 billion US dollars in tax revenue. Within this ambitious target, the General Department of Taxation (GDT) was tasked with collecting $3.8 billion US dollars, while the Customs and Excise Department was assigned a target of $3 billion US dollars.
