| COUNTRIES | GEOGRAPHIC NAMES | GEOLOGY | USA STATS | CHINA STATS | COUNTRY CODES | AIRPORTS | RELIGION | JOBS |

Brunei Economy 2013
http://www.theodora.com/wfbcurrent/brunei/brunei_economy.html
SOURCE: 2013 CIA WORLD FACTBOOK AND OTHER SOURCES


















GEOGRAPHICAL NAMES Spanish Simplified Chinese French German Russian Hindi Arabic Portuguese



Page last updated on February 5, 2013

Economy - overview:
Brunei has a small well-to-do economy that depends on revenue from natural resource extraction but encompasses a mixture of foreign and domestic entrepreneurship, government regulation, welfare measures, and village tradition. Crude oil and natural gas production account for just over half of GDP and more than 90% of exports. Per capita GDP is among the highest in Asia, and substantial income from overseas investment supplements income from domestic production. The government provides for all medical services and free education through the university level and subsidizes rice and housing. A new monetary authority was established in January 2011 with responsibilities that include monetary policy, monitoring of financial institutions, and currency trading activities.

GDP (purchasing power parity):
$21.94 billion (2012 est.)
country comparison to the world: 127

$21.38 billion (2011 est.)
$20.91 billion (2010 est.)
note: data are in 2012 US dollars
[see also: GDP country ranks ]

GDP (official exchange rate):
$16.85 billion (2012 est.)
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
2.7% (2012 est.)
country comparison to the world: 119

2.2% (2011 est.)
2.6% (2010 est.)
[see also: GDP - real growth rate country ranks ]

GDP - per capita:
$50,500 (2012 est.)
country comparison to the world: 11

$50,300 (2011 est.)
$50,500 (2010 est.)
note: data are in 2012 US dollars
[see also: GDP - per capita country ranks ]

GDP - composition by sector:
agriculture: 0.8%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: 66.6%
services: 32.6% (2012 est.)

Labor force:
198,800 (2010 est.)
country comparison to the world: 170
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 4.2%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 62.8%
services: 33% (2008 est.)

Unemployment rate:
2.7% (2010)
country comparison to the world: 22

3.7% (2008)
[see also: Unemployment rate country ranks ]

Population below poverty line:
NA%
[see also: Population below poverty line country ranks ]

Household income or consumption by percentage share:
lowest 10%: NA%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: NA%

Budget:
revenues: $8.24 billion
[see also: Budget revenues country ranks ]
expenditures: $5.52 billion (2012 est.)

Taxes and other revenues:
48.9% of GDP (2012 est.)
country comparison to the world: 19
[see also: Taxes and other revenues country ranks ]

Budget surplus (+) or deficit (-):
16.1% of GDP (2012 est.)
country comparison to the world: 4
[see also: Budget surplus (+) or deficit (-) country ranks ]

Inflation rate (consumer prices):
1.2% (2012 est.)
country comparison to the world: 14

2% (2011 est.)
[see also: Inflation rate (consumer prices) country ranks ]

Commercial bank prime lending rate:
5.5% (31 December 2012 est.)
country comparison to the world: 150

5.5% (31 December 2011 est.)
[see also: Commercial bank prime lending rate country ranks ]

Stock of narrow money:
$3.594 billion (31 December 2012 est.)
country comparison to the world: 113

$3.254 billion (31 December 2011 est.)
[see also: Stock of narrow money country ranks ]

Stock of broad money:
$11.62 billion (31 December 2012 est.)
country comparison to the world: 102

$10.64 billion (31 December 2011 est.)
[see also: Stock of broad money country ranks ]

Stock of domestic credit:
$4.032 billion (31 December 2011 est.)
country comparison to the world: 120

$3.019 billion (31 December 2010 est.)
[see also: Stock of domestic credit country ranks ]

Market value of publicly traded shares:
$NA
[see also: Market value of publicly traded shares country ranks ]

Agriculture - products:
rice, vegetables, fruits; chickens, water buffalo, cattle, goats, eggs

Industries:
petroleum, petroleum refining, liquefied natural gas, construction

Industrial production growth rate:
-5.4% (2008 est.)
country comparison to the world: 163
[see also: Industrial production growth rate country ranks ]

Current account balance:
$3.977 billion (2009 est.)
country comparison to the world: 31

$3.977 billion (2009 est.)
[see also: Current account balance country ranks ]

Exports:
$10.67 billion (2008)
country comparison to the world: 93

$8.25 billion (2007)
[see also: Exports country ranks ]

Exports - commodities:
crude oil, natural gas, garments

Exports - partners:
Japan 45.2%, South Korea 15.9%, Australia 11.4%, Indonesia 8.1%, India 5.7%, China 4.4% (2011)

Imports:
$2.61 billion (2008 est.)
country comparison to the world: 154

$2.055 billion (2007 est.)
[see also: Imports country ranks ]

Imports - commodities:
machinery and transport equipment, manufactured goods, food, chemicals

Imports - partners:
Singapore 27.4%, India 15.4%, China 12.8%, South Korea 10.1%, Malaysia 9.4%, Germany 7.9% (2011)

Debt - external:
$0 (2005)
country comparison to the world: 202
[see also: Debt - external country ranks ]

Exchange rates:
Bruneian dollars (BND) per US dollar -

1.25 (2012 est.)
1.2579 (2011 est.)
1.3635 (2010 est.)
1.45 (2009)

Fiscal year:
1 April - 31 March


NOTE: The information regarding Brunei on this page is re-published from the 2013 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Brunei Economy 2013 information contained here. All suggestions for corrections of any errors about Brunei Economy 2013 should be addressed to the CIA.



- Please bookmark this page (add it to your favorites).
- If you wish to link to this page, you can do so by referring to the URL address below this line.

http://www.theodora.com/wfbcurrent/brunei/brunei_economy.html

This page was last modified 11-Mar-13
Copyright © 1995-2013 ITA all rights reserved.

    . Feedback