Brunei GDP Annual Growth Rate  2004-2018 | Data | Chart | Calendar

Brunei's economy advanced 2.5 percent year-on-year in the first quarter of 2018, following a 5.2 percent growth in the previous period. Net exports contributed positively to GDP growth as exports increased by 6.9 percent (vs 18.6 percent in Q4) and imports by 5.5 percent (vs 0.2 percent). Also, household expenditure grew at a softer pace (0.2 percent vs 6.2 percent). On the other hand, fixed investment grew faster (21 percent vs 16.7 percent in Q4), while government spending rebounded (1.3 percent vs -7.2 percent in Q4). On a quarterly basis, the GDP showed no growth, compared to a 3.8 percent expansion in the fourth quarter. GDP Annual Growth Rate in Brunei averaged 0.62 percent from 2004 until 2018, reaching an all time high of 25 percent in the first quarter of 2018 and a record low of -8.10 percent in the fourth quarter of 2013.

Brunei GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-28 10:15 AM GDP Growth Rate YoY 1.2% 0.7% 3.1%
2018-04-30 01:30 AM GDP Growth Rate YoY 5.2% 1.3% 0.90%
2018-07-31 01:50 AM GDP Growth Rate YoY 2.5% 5.2% 2.9%
2018-09-29 03:10 AM GDP Growth Rate YoY 2.5% 2.2%
2018-12-29 11:20 AM GDP Growth Rate YoY 1.2%


Brunei GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 2.50 5.20 6.60 -8.10 percent [+]
GDP 12.13 11.40 19.05 0.11 USD Billion [+]
GDP per capita 31439.92 31431.00 66001.60 31431.00 USD [+]
GDP per capita PPP 71809.30 71788.80 86423.30 71788.80 USD [+]
Gross Fixed Capital Formation 1367.40 2072.00 2476.50 1080.60 BND Million [+]
Gdp Constant Prices 4740.40 4738.30 5078.00 4442.60 BND Million [+]
GDP From Agriculture 34.50 39.70 42.00 34.30 BND Million [+]
GDP From Construction 99.30 172.20 175.10 77.30 BND Million [+]
Gdp From Manufacturing 762.00 713.30 762.00 595.40 BND Million [+]
GDP From Mining 2080.90 1992.60 2400.50 1911.00 BND Million [+]
GDP From Public Administration 601.90 492.40 641.00 471.40 BND Million [+]
GDP From Services 1808.20 1690.00 1830.10 1662.30 BND Million [+]
Gdp From Transport 122.10 98.50 314.70 55.50 BND Million [+]
Gdp From Utilities 43.00 42.80 44.80 34.40 BND Million [+]


Brunei GDP Annual Growth Rate

Brunei is the fourth-largest oil producer in Southeast Asia. Oil accounts for around 62 percent of GDP and is the source of 90 percent of government revenues. Yet, in recent years, oil production has declined and, as a result, growth has slowed down. In order to strengthen Brunei’s long-term prospects, the government has been trying to diversify the economy by using oil revenues to invest in non-oil industries like Islamic banking and by attracting foreign direct investments. Focus on eco-tourism has also been high, given that 70 percent of the country’ is covered by tropical forest. This page provides - Brunei GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brunei GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 5.20 6.60 -8.10 2004 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 7.70 Mar/18
Turkey 7.40 Mar/18
China 6.70 Jun/18
Indonesia 5.27 Jun/18
Australia 3.10 Mar/18
Netherlands 2.90 Jun/18
South Korea 2.90 Jun/18
United States 2.80 Jun/18
Mexico 2.70 Jun/18
Spain 2.70 Jun/18
Canada 2.30 Mar/18
Euro Area 2.20 Jun/18
Switzerland 2.20 Mar/18
Germany 2.00 Jun/18
Russia 1.80 Jun/18
France 1.70 Jun/18
United Kingdom 1.30 Jun/18
Brazil 1.20 Mar/18
Italy 1.10 Jun/18
Japan 1.00 Jun/18


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