GDP in Brunei
Brunei - GDPAlthough hard data for the third quarter is limited, the economy likely continued to expand at a solid pace thanks to the recent surge in crude oil prices, which have increased markedly over the course of this year. Moreover, fixed investment should have remained a main driver of growth as higher oil prices encourage improvements in gas and oil extraction capacity. Meanwhile, the government’s diversification measures are likely bolstering non-oil sectors, such as the halal industry, agriculture, biomedicine, and tourism.
Brunei - GDP Data
|Economic Growth (GDP, annual variation in %)||-2.1||-2.3||-0.6||-2.5||-|
5 years of economic forecasts for more than 30 economic indicators.
Source: World Bank.
|Exchange Rate||1.38||0.0 %||Oct 16|
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