Fiscal Balance in Brunei
Brunei - Fiscal BalanceThe 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
|Fiscal Balance (% of GDP)||13.0||3.6||-14.5||-21.5||-|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||1.35||0.0 %||Jan 30|
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