GDP in Brunei

Brunei GDP | Economic News & Forecasts

Brunei - GDP

Although 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

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)-2.1  -2.3  -0.6  -2.5  -     

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Note: Annual variation of gross domestic product (GDP) in %.
Source: World Bank.

Brunei Facts

Exchange Rate1.380.0 %Oct 16

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