Brunei | Economic Forecasts | 2017-2020 Outlook

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 Q3/17 Q4/17 Q1/18 Q2/18 2020
Currency 1.35 1.34 1.32 1.31 1.3 1.15 [+]
GDP Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Annual Growth Rate -3.60 3.1 2.6 2.8 2.1 3.3 percent [+]
GDP 11.40 11.71 19 11.66 11.67 12.58 USD Billion [+]
GDP per capita 31431.00 29100 29100 30667 30416 30200 USD [+]
GDP per capita PPP 71788.80 64544 64510 69559 69338 68783 USD [+]
Gdp Constant Prices 4505.00 4509 4528 4529 4547 4529 BND Million [+]
GDP From Agriculture 36.90 39.15 37.53 37.17 37.9 38 BND Million [+]
GDP From Construction 86.30 130 91.05 59.34 70.15 78.14 BND Million [+]
Gdp From Manufacturing 595.40 602 602 602 602 602 BND Million [+]
GDP From Mining 2016.10 2043 2043 2043 2043 2043 BND Million [+]
GDP From Public Administration 627.90 508 620 493 501 593 BND Million [+]
GDP From Services 1816.70 1749 1749 1749 1749 1749 BND Million [+]
Gdp From Transport 270.20 283 298 297 290 286 BND Million [+]
Gdp From Utilities 38.70 39.54 39.49 39.51 39.5 39.5 BND Million [+]
Gross Fixed Capital Formation 1167.90 1500 1501 1501 1501 1501 BND Million [+]
LABOUR Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 6.90 6.2 6 5.7 5.7 5.8 percent [+]
Population 0.42 0.42 0.42 0.42 0.43 0.44 Million [+]
Unemployed Persons 10073.00 9912 9902 9911 9904 9907 [+]
PRICES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate 0.30 1.4 2 1.9 2.2 1.3 percent [+]
Food Inflation 0.70 -0.53 -0.54 -0.53 -0.53 -0.53 percent [+]
Consumer Price Index Cpi 99.40 98.71 98.78 98.83 98.88 98.9 Index Points [+]
MONEY Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Interest Rate 5.50 5.5 5.5 5.5 5.5 5.5 percent [+]
Deposit Interest Rate 0.30 0.32 0.35 0.35 0.35 0.35 percent [+]
Money Supply M0 1220.50 1234 1231 1233 1232 1232 BND Million [+]
Money Supply M1 4537.85 4494 4485 4481 4480 4479 BND Million [+]
Money Supply M2 14049.88 13923 13909 13897 13895 13894 BND Million [+]
Banks Balance Sheet 16962.00 16889 16866 16848 16833 16760 BND Million [+]
TRADE Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade 201.70 154 181 396 399 270 BND Million [+]
Exports 592.80 766 768 770 771 771 Million BND [+]
Imports 391.10 334 335 335 335 335 Million BND [+]
Current Account 2823.60 1891 1895 1899 1902 1905 BND Million [+]
Current Account to GDP 9.50 8.1 8.1 5.6 5.6 11 percent [+]
Tourist Arrivals 218213.00 204388 197834 202873 207912 198271 [+]
Crude Oil Production 110.00 110 110 110 110 110 BBL/D/1K [+]
Foreign Direct Investment 238.20 539 478 509 539 706 BND Million [+]
GOVERNMENT Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 3.10 3 3 2.6 2.6 2.8 percent [+]
Government Budget -14.00 -4.23 -6.23 -4.58 -2.93 0.74 percent of GDP [+]
Military Expenditure 404.60 412 406 401 397 400 USD Million [+]
Government Spending 1190.00 1032 1096 1047 1007 921 BND Million [+]
BUSINESS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Ease of Doing Business 72.00 85 88 84 81 101 [+]
Changes In Inventories 10.20 10.25 10.26 10.26 10.29 10.42 BND Million [+]
Competitiveness Index 4.35 4.45 4.45 4.27 4.21 4.13 Points [+]
Competitiveness Rank 58.00 56 56 66 69 85 [+]
Corruption Index 58.00 54 53 53 52 57 Points [+]
Corruption Rank 41.00 45 47 45 43 41 [+]
CONSUMER Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Spending 826.00 831 831 831 831 831 BND Million [+]
TAXES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Personal Income Tax Rate 0.00 0 0 0 0 0 percent [+]
Corporate Tax Rate 18.50 18.5 18.5 18.5 18.5 18.5 percent [+]