Brunei - Economic Forecasts - 2018-2020 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 1.36
1.36 1.38 1.39 1.41 1.46
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 5.20
percent
1.1 3 2.2 2.9 3.3
GDP 12.13
USD Billion
12.3 12.3 12.6 12.6 13.1
GDP per capita 31439.92
USD
31502 31502 31556 31556 32200
GDP per capita PPP 71809.30
USD
71819 71819 72012 72012 72783
Gdp Constant Prices 4738.30
BND Million
4615 4880 4725 4580 5168
GDP From Agriculture 34.50
BND Million
40.14 35.54 39.35 38.9 37.62
GDP From Construction 99.30
BND Million
174 102 79 119 108
Gdp From Manufacturing 762.00
BND Million
721 785 770 753 831
GDP From Mining 2080.90
BND Million
2015 2143 2083 1966 2269
GDP From Public Administration 601.90
BND Million
498 620 535 506 656
GDP From Services 1808.20
BND Million
1709 1862 1807 1745 1972
Gdp From Transport 122.10
BND Million
99.58 126 56.72 73.68 133
Gdp From Utilities 43.00
BND Million
43.27 44.29 36.18 45.38 46.9
Gross Fixed Capital Formation 1367.40
BND Million
2095 1408 1206 1546 1491
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 7.10
percent
7 7 7 7 6.5
Population 0.43
Million
0.43 0.43 0.43 0.43 0.45
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 0.40
percent
2.1 2 2.2 2.4 2.5
Inflation Rate Mom -0.60
percent
0.2 -0.1 -0.01 -0.01 0.3
Food Inflation 2.50
percent
2 2.6 2.21 4.65 2
Consumer Price Index Cpi 99.10
Index Points
101 101 102 101 106
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 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 1263.05
BND Million
1240 1243 1241 1242 1242
Money Supply M1 4407.74
BND Million
4425 4426 4426 4426 4426
Money Supply M2 14517.78
BND Million
14223 14218 14219 14218 14219
Banks Balance Sheet 17186.10
BND Million
17111 17078 17051 17027 16911
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 364.40
BND Million
387 384 384 384 384
Exports 754.80
Million BND
755 753 753 753 753
Imports 390.40
Million BND
368 369 369 369 369
Current Account to GDP 4.80
percent
5.6 5.6 8.3 8.3 11
Tourist Arrivals 218213.00
204375 197800 202850 207900 217600
Crude Oil Production 111.00
BBL/D/1K
107 107 107 107 107
Foreign Direct Investment 238.20
BND Million
539 478 509 539 713
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 2.80
percent
2.6 2.6 2.7 2.7 2.8
Government Budget -13.01
percent of GDP
-4.87 -5 -6.96 -6.28 -3
Military Expenditure 347.89
USD Million
361 356 357 358 367
Government Spending 1104.10
BND Million
1039 1137 1295 1109 1204
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Ease of Doing Business 56.00
84 89 93 97 68
Changes In Inventories 7.70
BND Million
7.89 7.79 7.86 7.81 7.83
Competitiveness Index 4.52
Points
4.28 4.28 4.53 4.61 4.62
Competitiveness Rank 46.00
55 55 41 36 35
Corruption Index 62.00
Points
60 61 61 60 58
Corruption Rank 32.00
39 39 39 40 37
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Spending 878.30
BND Million
946 905 879 825 958
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Personal Income Tax Rate 0.00
percent
0 0 0 0 0
Corporate Tax Rate 18.50
percent
18.5 18.5 19 19 19