Source
Central bank

Monetary Authority of Brunei Darussalam

International Reserves

USD 3.4 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019

Gross Domestic Product - GDP

USD 14.1 billion (2018, estimate)

GDP (Purchasing Power Parity)

Intl$ 34.6 billion (2018, estimate)

Real GDP growth
2007 2008 2009 2010 2011 2012 2013
0.1% -2% -1.8% 2.7% 3.7% 0.9% -2.1%
2014 2015 2016 2017* 2018*    
-2.5% -0.4% -2.5% 1.3% -0.2%    

*Estimate

GDP per capita - current prices

USD 32,413.9 (2018, estimate)

GDP per capita - PPP

Intl$ 79,529.9 (2018, estimate)

GDP (PPP) - share of world total
0.03% (2019, estimate)
 
 
Source
GDP - composition by sector
  • agriculture: 1% 
  • industry: 63.2%
  • services: 37.3%

(2018 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2015 2016 2017 2018* 2019*
-0.4% -0.7% -0.2% 0.1% 0.1%

*Estimate

Unemployment rate
2015 2016 2017 2018* 2019*
7.7% 8.5% 9.3% 9.3% 9.3%

*Estimate

Household saving rates

N/A

Public debt (General government gross debt as a % of GDP)
2015 2016 2017 2018* 2019*
3% 3% 2.8% 2.6% 2.8%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2015 2016 2017 2018* 2019*
-14.5% -21.7% -10.6% -3.6% -11.5%

*Estimate

Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's 

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD 1.1 billion (2018 estimate)

Current account balance by percentage of GDP

7.9 % (2018 estimate)

Exports as percent of GDP (Exports of goods and services)

51.9% (2018)

Shares in world total merchandising export

0.03% (2018)

Shares in world total commercial services export

0.01% (2018)

Total exports

USD 7.1 billion (2018 estimate)

Export commodities

Mineral fuels, organic chemicals

Total imports

USD 5.7 billion (2018 estimate)

 
 
Source
Import commodities

Machinery and mechanical appliance parts, mineral fuels, motor vehicles, electric machinery

Exports - major partners

Japan 27.8%, South Korea 12.4%, Thailand 11.5%, Malaysia 11.3%, India 9.3%, Singapore 7.7%, Switzerland 5%, China 4.7% (2017)

Imports - major partners

China 19.6%, Singapore 19%, Malaysia 18.8%, US 9.2%, Germany 5.9%, Japan 4.1%, UK 4%(2017)

FDI inflows
2016 2017 2018
USD -150 million USD 460 million USD 504 million
Value of cross-border M&A, by country of purchaser
2015 2016 2017 2018
N/A N/A N/A N/A
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

(for a monthly update on M&A; click here )

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

(for a monthly update on M&A; click here )

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking:

66 out of 190 countries

Subcategories:
Starting a Business: 16 out of 190 countries
Dealing with Construction Permits: 54 out of 190 countries
Getting Electricity: 31 out of 190 countries
Registering Property: 144 out of 190 countries
Getting Credit: 1 out of 190 countries
Protecting Minority Investors: 128 out of 190 countries
Paying Taxes: 90 out of 190 countries
Trading across Borders: 149 out of 190 countries
Enforcing Contracts: 66 out of 190 countries
Resolving Insolvency: 59 out of 190 countries

Global competitiveness ranking

56 out of 141 countries

(2019)

Index of Economic Freedom

Ranking: 63 / Score: 65.1 (Moderately free)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+8

Total area

5,765 sq km

Capital

Bandar Seri Begawan

Currency

Bruneian dollars (BND)

Government type

Absolute monarchy or sultanate (locally known as Malay Islamic Monarchy)

Languages

Malay (Bahasa Melayu) (official), English, Chinese dialects

Religions

Muslim (official) 78.8%, Christian 8.7%, Buddhist 7.8%, other (includes indigenous beliefs) 4.7% (2011 est.)

Total population
1990 2000 2010 2015* 2020*
0.25 million 0.33 million 0.39 million 0.41 million 0.45 million

*Estimate 

 
 
Source
Urban population as % of total population
1960 1980 2000 2018
43.4% 64.9% 71.2% 77.6%
Population median age

30.5 years

Population growth rate

1.55% (2018 estimate)

Life expectancy

77.5 years (2018 estimate)

Literacy

Total population: 96% 
Male: 97.5% 
Female: 94.5%
Definition: age 15 and over can read and write (2015 est.)

% of population living on less than $3.10 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

Freedom House rating

Not Free
Political Rights: 6
Civil Liberties: 5 (2019)
(1 represents the most free, 7 the least free rating)"

(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed: 18.3% Mobile: 131.9% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

94.6 % (2018)

Mercer Cost of living index

Bandar Seri Begawan: 102nd (2019)

CO2 emissions

22.23 metric tons per capita (2014)

World's Best Developed & Emerging Markets Banks

World's Best Islamic Financial Institutions

World's Best Internet Banks

World's Best Banks By Region

World's Best Banks

2013

Additional Awards