Economy - overview: Brunei has a small well-to-do economy that depends on revenue from natural resource extraction but encompasses a mixture of foreign and domestic entrepreneurship, government regulation, welfare measures, and village tradition. Crude oil and natural gas production account for 60% of GDP and more than 90% of exports. Per capita GDP is among the highest in Asia, and substantial income from overseas investment supplements income from domestic production. For Bruneian citizens the government provides for all medical services and free education through the university level. The government of Brunei has been emphasizing through policy and resource investments it strong desire to diversity its economy both within the oil and gas sector and to new sectors.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition, by end use: GDP - composition, by sector of origin: Agriculture - products: Industries: Industrial production growth rate: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Fiscal year: Inflation rate (consumer prices): Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Debt - external: Exchange rates:
NOTE: 1) The information regarding Brunei on this page is re-published from the 2014 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Brunei Economy 2014 information contained here. All suggestions for corrections of any errors about Brunei Economy 2014 should be addressed to the CIA.
$21.64 billion (2012 est.)
country comparison to the world: 128
note:
data are in 2012 US dollars
[see also: GDP country ranks ]
$16.72 billion (2012 est.)
[see also: GDP (official exchange rate) country ranks ]
0.9% (2012 est.)
country comparison to the world: 162
[see also: GDP - real growth rate country ranks ]
$54,100 (2012 est.)
country comparison to the world: 11
note:
data are in 2012 US dollars
[see also: GDP - per capita country ranks ]
household consumption: 20.5%
[see also: GDP - composition, by end use - household consumption country ranks ]
government consumption:
17.3%
investment in fixed capital:
13.6%
investment in inventories:
-1.5%
exports of goods and services:
81.4%
imports of goods and services:
-31.2%
agriculture: 0.7%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry:
71.1%
services:
28.2% (2012 est.)
rice, vegetables, fruits; chickens, water buffalo, cattle, goats, eggs
petroleum, petroleum refining, liquefied natural gas, construction, agriculture, transportation
-1.9% (2012 est.)
country comparison to the world: 156
[see also: Industrial production growth rate country ranks ]
205,800 (2011 est.)
country comparison to the world: 169
[see also: Labor force country ranks ]
agriculture: 4.2%
[see also: Labor force - by occupation - agriculture country ranks ]
industry:
62.8%
services:
33% (2008 est.)
2.6% (2011)
country comparison to the world: 20
[see also: Unemployment rate country ranks ]
NA%
[see also: Population below poverty line country ranks ]
lowest 10%: NA%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%:
NA%
revenues: $7.363 billion
[see also: Budget revenues country ranks ]
expenditures:
$5.122 billion (2012 est.)
44% of GDP (2012 est.)
country comparison to the world: 27
[see also: Taxes and other revenues country ranks ]
13.4% of GDP (2012 est.)
country comparison to the world: 6
[see also: Budget surplus (+) or deficit (-) country ranks ]
1 April - 31 March
0.5% (2012 est.)
country comparison to the world: 7
[see also: Inflation rate (consumer prices) country ranks ]
5.5% (31 December 2012 est.)
country comparison to the world: 150
[see also: Commercial bank prime lending rate country ranks ]
$3.509 billion (31 December 2012 est.)
country comparison to the world: 113
[see also: Stock of narrow money country ranks ]
$11.62 billion (31 December 2012 est.)
country comparison to the world: 101
[see also: Stock of broad money country ranks ]
$2.351 billion (31 December 2012 est.)
country comparison to the world: 129
[see also: Stock of domestic credit country ranks ]
$NA
[see also: Market value of publicly traded shares country ranks ]
$3.977 billion (2009 est.)
country comparison to the world: 32
[see also: Current account balance country ranks ]
$12.75 billion (2011)
country comparison to the world: 84
[see also: Exports country ranks ]
crude oil, natural gas, garments
Japan 45.7%, South Korea 15.1%, Australia 9.1%, NZ 6.6%, India 5.8%, Vietnam 4.7% (2012)
$3.02 billion (2011 est.)
country comparison to the world: 145
[see also: Imports country ranks ]
iron and steel, motor vehicles, machinery and transport equipment, manufactured goods, food, chemicals
Singapore 26.3%, China 21.3%, UK 21.3%, Malaysia 11.8% (2012)
$0 (2005)
country comparison to the world: 203
[see also: Debt - external country ranks ]
Bruneian dollars (BND) per US dollar -
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
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This page was last modified 06-Nov-14