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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 1.33
1.35 1.36 1.37 1.39 1.45
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 1.20
percent
2.8 2.1 0 3 3.3
GDP 11.40
USD Billion
11.05 10.9 10.75 10.6 8.5
GDP per capita 31431.00
USD
31888 31627 31366 29500 30200
GDP per capita PPP 71788.80
USD
73846 72837 71827 70817 68783
Gdp Constant Prices 4458.60
BND Million
4576 4556 4548 4571 4621
GDP From Agriculture 39.50
BND Million
36.91 36.99 38.29 37.95 37.57
GDP From Construction 172.20
BND Million
79.87 101 160 132 145
Gdp From Manufacturing 713.00
BND Million
647 729 756 702 718
GDP From Mining 1992.60
BND Million
2047 1994 2013 2045 2066
GDP From Public Administration 489.10
BND Million
519 491 497 615 599
GDP From Services 1684.60
BND Million
1764 1701 1697 1793 1775
Gdp From Transport 98.50
BND Million
160 175 180 176 159
Gdp From Utilities 42.80
BND Million
34.94 41.15 42.03 40.12 41
Gross Fixed Capital Formation 2308.40
BND Million
1381 1618 2022 1727 1783
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 2.00
percent
5.7 5.7 2.07 5.7 5.8
Population 0.42
Million
0.42 0.42 0.42 0.42 0.42
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate -0.30
percent
1.9 2.2 2.1 1.7 1.3
Inflation Rate Mom -0.30
percent
-0.1 0.3 0.2 -0.1 0.3
Food Inflation 1.60
percent
1.5 1.44 1.39 1.36 1.29
Consumer Price Index Cpi 99.10
Index Points
99.36 99.39 99.41 99.44 99.52
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 5.50
percent
5.5 5.5 5.5 5.5 5.5
Deposit Interest Rate 0.30
percent
0.32 0.32 0.32 0.32 0.39
Money Supply M0 1260.60
BND Million
1181 1162 1144 1128 1032
Money Supply M1 4420.57
BND Million
4386 4391 4395 4397 4400
Money Supply M2 14182.45
BND Million
14091 14072 14055 14040 13975
Banks Balance Sheet 16962.00
BND Million
17611 17749 17840 17896 17963
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 230.40
BND Million
337 414 486 197 270
Exports 582.00
Million BND
702 772 838 900 1267
Imports 351.60
Million BND
400 416 430 442 493
Current Account to GDP 9.50
percent
5.6 5.6 16.46 5.6 11
Tourist Arrivals 218213.00
223775 221950 220125 218300 218300
Crude Oil Production 110.00
BBL/D/1K
128 131 134 136 147
Foreign Direct Investment 238.20
BND Million
660 599 539 478 706
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 3.10
percent
2.6 2.6 3.65 2.6 2.8
Government Budget 2.90
percent of GDP
-0.66 2.3 5.27 8.25 11.07
Military Expenditure 404.60
USD Million
404 398 393 387 333
Government Spending 957.70
BND Million
1219 1117 984 1129 1100
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Ease of Doing Business 56.00
75 80 84 89 88
Changes In Inventories 8.50
BND Million
8.53 8.46 8.56 8.06 8.48
Competitiveness Index 4.52
Points
4.45 4.45 4.45 4.45 4.92
Competitiveness Rank 46.00
52 52 52 52 42
Corruption Index 58.00
Points
57 56 54 53 57
Corruption Rank 41.00
41 41 41 41 41
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Spending 914.30
BND Million
848 826 879 825 832
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Personal Income Tax Rate 0.00
percent
0 0 0 0 0
Corporate Tax Rate 18.50
percent
19 19 19 19 19