Fiscal Balance in Brunei

Brunei Fiscal Balance | Economic News & Forecasts

Brunei - Fiscal Balance

The economy likely rebounded in the third quarter of 2018 on the back of elevated energy prices, following the second quarter’s contraction in annual terms. Turning to the fourth quarter, however, the sharp drop in oil prices in November and December likely depressed the external sector. Looking forward, although limited, the recent recovery in oil prices—thanks to OPEC’s decision to cut oil production—should bode well for the economy in Q1 2019.

Brunei - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)13.0  3.6  -14.5  -21.5  -     

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Note: Fiscal balance as % of GDP.
Source: IMF

Brunei Facts

ValueChangeDate
Exchange Rate1.350.0 %Jan 30

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