4 GeoFroggy

BRUNEI

Continent:

Geography

People &
Society

Government

Economy

Energy

Communications

Military &
Security

Transportation

Terrorism

Transnational Issues
View Large Map

Economy Overview

The Bruneian Government wants to diversify its economy away from hydrocarbon exports to other industries such as information and communications technology and halal manufacturing. Brunei’s trade in 2016 is set to increase following its regional economic integration in the ASEAN Economic Community, and the expected ratification of the Trans-Pacific Partnership trade agreement.

Agriculture Products

rice, vegetables, fruits; chickens, water buffalo, cattle, goats, eggs

Industries

petroleum, petroleum refining, liquefied natural gas, construction, agriculture, transportation

Industrial Production Growth Rate

0% (2015 est.)

Labor Force

203,600 (2014 est.)

Labor Force by Occupation

Agriculture: 4.2%

Industry: 62.8%

Services: 33% (2008 est.)

Unemployment Rate

9.3% (2011 est.)

Population Below Poverty Line

NA%

Household Income or Consumption by Percentage Share

Lowest 10%: NA%

Highest 10%: NA%

Budget

Revenues: $4.899 billion

Expenditures: $5.003 billion (2015 est.)

Commercial Bank Prime Lending Rate

Stock of Narrow Money

$3.327 billion (31 December 2014 est.)

Stock of Broad Money

$10.11 billion (31 December 2013 est.)

Stock of Domestic Credit

$4.477 billion (31 December 2014 est.)

Market Value of Publicly Traded Shares

$NA

Reserves of Foreign Exchange and Gold

Debt External

$0 (2013)

Stock of Direct Foreign Investment at Home

Stock of Direct Foreign Investment Abroad

Exchange Rates

1.2579 (2011 est.)
Year

GDP Official Exchange Rate

  • $11.79 billion 2015 est.

Taxes and Other Revenues

  • 41.6% of GDP (2015 est.)

Budget Surplus or Deficit

  • -0.9% of GDP (2015 est.)

Fiscal Year

  • 1 April - 31 March

GDP Purchasing Power Parity

    $34.09 billion (2013 est.)

GDP Real Growth Rate

    -2.1% (2013 est.)

GDP Per Capital

    $84,000 (2013 est.)

Gross National Saving

    60.5% of GDP (2013 est.)

GDP Composition by end Use

  • Household consumption
    19.8%
  • Government consumption
    25.1%
  • Investment in fixed capital
    35%
  • Investment in inventories
    0.6%
  • Exports of goods and services
    52.2%
  • Imports of goods and services
    -32.7% (2015 est.)

GDP Composition by Sector of Origin

  • Agriculture
    1.1%
  • Industry
    60.2%
  • Services
    38.7% (2015 est.)

Inflation Rate Consumer Prices

    -0.2% (2014 est.)

Current Account Balance

    $4.747 billion (2014 est.)

Exports

    $11.11 billion (2014 est.)

Exports Partners

  • Japan
    35.9%
  • South
    Korea
  • Thailand
    10.8%
  • India
    9.8%
  • NZ
    5.6%
  • Australia
    5%

Exports Commodities

    Mineral fuels, organic chemicals

Imports

    $3.668 billion (2014 est.)

Imports Partners

  • Singapore
    27.9%
  • China
    25.3%
  • Malaysia
    12.4%
  • UK
    10.6%
  • South
    Korea

Imports Commodities

    Machinery and mechanical appliance parts, mineral fuels, motor vehicles, electric machinery
Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took.
Product
Company
Resources
Contact
mail@geofroggy.com