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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 1.30
1.32 1.33 1.35 1.36 1.41
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 1.20
percent
2.1 0.9 3 2.2 3.3
GDP 11.40
USD Billion
11.8 11.75 11.7 12.6 12.6
GDP per capita 31431.00
USD
31848 29500 29500 29700 30200
GDP per capita PPP 71788.80
USD
72062 70921 69779 66358 68783
Gdp Constant Prices 4558.60
BND Million
4520 4600 4661 4705 4935
GDP From Agriculture 39.50
BND Million
37.79 39.86 38.18 37.2 40.42
GDP From Construction 172.20
BND Million
117 174 89.29 79 94.54
Gdp From Manufacturing 713.00
BND Million
775 719 616 770 652
GDP From Mining 1992.60
BND Million
1926 2011 2086 2082 2209
GDP From Public Administration 489.10
BND Million
488 494 650 518 688
GDP From Services 1684.60
BND Million
1706 1700 1880 1789 1990
Gdp From Transport 98.50
BND Million
72.35 99.39 109 56.72 116
Gdp From Utilities 42.80
BND Million
44.56 43.19 40.04 36.18 42.4
Gross Fixed Capital Formation 2308.40
BND Million
1517 2329 1208 1206 1279
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 2.00
percent
2.7 2.7 2.7 3 5.8
Population 0.42
Million
0.42 0.42 0.42 0.42 0.44
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 0.20
percent
2.2 2.1 2 2.2 2.5
Inflation Rate Mom -0.10
percent
0.3 0.2 -0.1 -0.01 0.3
Food Inflation 2.70
percent
1.36 0 -1.6 -3.21 1.56
Consumer Price Index Cpi 98.90
Index Points
99.73 101 101 101 106
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 5.50
percent
5.5 5.5 5.5 5.5 5.5
Deposit Interest Rate 0.30
percent
0.28 0.32 0.35 0.35 0.37
Money Supply M0 1263.05
BND Million
1159 1141 1125 1110 1003
Money Supply M1 4407.74
BND Million
4271 4268 4267 4267 4267
Money Supply M2 14517.78
BND Million
13417 13465 13506 13542 13729
Banks Balance Sheet 17494.13
BND Million
16998 17002 17001 17001 17001
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 475.40
BND Million
586 650 776 752 1102
Exports 791.50
Million BND
952 1008 1061 1110 1469
Imports 316.10
Million BND
365 358 375 358 366
Current Account to GDP 4.80
percent
5.6 5.6 5.6 8.3 11
Tourist Arrivals 218213.00
221950 220125 218300 218300 218300
Crude Oil Production 106.00
BBL/D/1K
100 96.09 92.96 99.07 95.7
Foreign Direct Investment 238.20
BND Million
599 539 478 509 713
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 2.80
percent
2.6 2.6 2.6 2.7 2.8
Government Budget 2.90
percent of GDP
2.3 5.27 8.25 8.72 9.22
Military Expenditure 404.60
USD Million
393 392 392 388 368
Government Spending 957.70
BND Million
1124 966 1231 1238 1304
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Ease of Doing Business 56.00
80 84 89 93 68
Changes In Inventories 8.50
BND Million
9.75 9.75 9.75 9.75 9.75
Competitiveness Index 4.52
Points
4.43 4.43 4.43 4.43 4.43
Competitiveness Rank 46.00
52 52 52 52 52
Corruption Index 62.00
Points
62 62 62 62 62
Corruption Rank 32.00
39 39 39 39 37
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Consumer Spending 914.30
BND Million
838 923 855 880 906
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 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 19 19