This page has economic forecasts for Brunei including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Brunei economy.


MARKETS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 1.38
1.38 1.38 1.39 1.39 1.41
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate -2.80
percent
1.9 2.7 3.2 3.9 3.3
GDP 12.13
USD Billion
12.3 12.6 12.6 12.6 13.1
GDP per capita 31439.92
USD
31502 31556 31556 31556 32200
GDP per capita PPP 71809.30
USD
71819 72012 72012 72012 72783
GDP Constant Prices 4326.90
BND Million
4828 4872 4465 4496 5157
GDP From Agriculture 35.70
BND Million
35.16 39.13 36.84 37.09 37.55
GDP From Construction 123.00
BND Million
101 98.8 127 128 108
GDP From Manufacturing 653.40
BND Million
723 826 674 679 773
GDP From Mining 1866.50
BND Million
2120 2128 1926 1939 2265
GDP From Public Administration 502.60
BND Million
613 521 519 522 655
GDP From Services 1626.90
BND Million
1843 1791 1679 1690 1968
GDP From Transport 141.20
BND Million
124 61.93 146 147 133
GDP From Utilities 51.20
BND Million
43.82 36.36 52.84 53.2 46.8
Gross Fixed Capital Formation 1433.20
BND Million
1393 1472 1479 1489 1488
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 7.10
percent
7 6.5 6.5 6.5 6.5
Population 0.43
Million
0.43 0.44 0.44 0.44 0.45
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 0.40
percent
0.5 1.2 -0.2 0.3 1.5
Inflation Rate Mom 0.30
percent
0.3 0.6 -0.1 0.2 0.3
Food Inflation 1.60
percent
2.6 2.2 1.6 1.8 2
Consumer Price Index Cpi 99.80
Index Points
99.5 101 98.6 100 102
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 5.50
percent
5.5 5.5 5.5 5.5 5.5
Deposit Interest Rate 0.30
percent
0.3 0.3 0.3 0.3 0.3
Money Supply M0 1194.14
BND Million
1243 1236 1227 1215 1188
Money Supply M1 4467.44
BND Million
4456 4490 4508 4511 4588
Money Supply M2 14351.99
BND Million
14218 14300 14350 14440 14610
Banks Balance Sheet 17712.34
BND Million
17078 17051 17027 17007 16910
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade 366.70
BND Million
226 218 208 216 149
Exports 841.00
Million BND
616 619 622 624 610
Imports 474.30
Million BND
390 402 414 408 461
Current Account to GDP 6.10
percent
4.9 13.1 13.1 13.1 14.2
Tourist Arrivals 218213.00
205000 213500 213500 213500 198300
Crude Oil Production 94.00
BBL/D/1K
82 84 87 92 87
Foreign Direct Investment 238.20
BND Million
478 690 690 690 713
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 2.80
percent
2.6 2.7 2.7 2.7 2.8
Government Budget -13.01
percent of GDP
-5 -3 -3 -3 -3
Military Expenditure 347.89
USD Million
334 327 327 327 328
Government Spending 1283.30
BND Million
1125 1318 1324 1333 1202
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Ease of Doing Business 55.00
105 83 93 93 88
Changes In Inventories 7.60
BND Million
7.4 7.2 7.1 6.9 6.5
Competitiveness Index 61.43
Points
61.93 61.93 61.93 61.93 64.43
Competitiveness Rank 62.00
62 62 62 62 62
Corruption Index 62.00
Points
62 62 62 62 62
Corruption Rank 32.00
32 32 32 32 32
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Consumer Spending 861.50
BND Million
895 885 889 895 956
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Personal Income Tax Rate 0.00
percent
0 0 0 0 0
Corporate Tax Rate 18.50
percent
18.5 18.5 18.5 18.5 18.5



Brunei - Economic Forecasts - 2018-2020 Outlook