Brunei GDP Annual Growth Rate  2004-2017 | Data | Chart | Calendar

Brunei's economy advanced 0.7 percent year-on-year in the June quarter of 2017, recovering from 1.7 percent contraction in the previous period. It was the first expansion in economy since the first quarter 2016, mainly driven by a 23.5 percent rise in government spending (from 7.8 pct in Q1). Investment surged 13.6 percent ( from 2.2 pct in Q1) while public spending grew further (0.9 pct from 3.9 pct). On the other hand exports fell less (-1 pct from -5.2 pct) while imports rose less (1.7 pct from 2.4 pct in Q1). On a quarterly basis, the economy shrank 2.8 percent, compared to a 2.2 percent growth in the March quarter. GDP Annual Growth Rate in Brunei averaged 0.07 percent from 2004 until 2017, reaching an all time high of 6.60 percent in the second quarter of 2010 and a record low of -8.10 percent in the fourth quarter of 2013.

Brunei GDP Annual Growth Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Calendar GMT Actual Previous Consensus TEForecast
2017-03-30 11:20 AM GDP Growth Rate YoY -3.6% -3.6% 0.7%
2017-10-16 03:10 AM GDP Growth Rate YoY 0.7% -1.7% 2.5%
2017-10-16 03:10 AM GDP Growth Rate YoY -1.7% -3.6% -2.1%
2017-12-28 11:20 AM GDP Growth Rate YoY 3.1%


Brunei GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 0.70 -1.70 6.60 -8.10 percent [+]
GDP 11.40 12.90 19.04 0.11 USD Billion [+]
GDP per capita 31431.00 32661.90 66001.60 31431.00 USD [+]
GDP per capita PPP 71788.80 74600.20 86423.30 71788.80 USD [+]
Gdp Constant Prices 4472.60 4603.60 5078.00 4442.60 BND Million [+]
GDP From Agriculture 37.40 36.40 42.00 34.30 BND Million [+]
GDP From Construction 115.30 77.30 175.10 77.30 BND Million [+]
Gdp From Manufacturing 711.80 716.70 758.30 542.50 BND Million [+]
GDP From Mining 1905.60 2037.20 2400.50 1905.60 BND Million [+]
GDP From Public Administration 482.70 506.70 641.00 471.40 BND Million [+]
GDP From Services 1687.80 1750.80 1830.10 1662.30 BND Million [+]
Gdp From Transport 270.20 269.10 314.70 269.10 BND Million [+]
Gdp From Utilities 44.10 35.40 44.80 34.40 BND Million [+]
Gross Fixed Capital Formation 1167.90 2020.40 2476.50 1080.60 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.70 -1.70 6.60 -8.10 2004 - 2017 percent Quarterly




gdp annual growth rate by Country

Last
China 6.80 Sep/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.01 Jun/17
Canada 3.70 Jun/17
Netherlands 3.30 Jun/17
Spain 3.10 Jun/17
South Korea 2.70 Jun/17
Russia 2.50 Jun/17
Euro Area 2.30 Jun/17
United States 2.20 Jun/17
Germany 2.10 Jun/17
Australia 1.80 Jun/17
France 1.80 Jun/17
Mexico 1.80 Jun/17
Italy 1.50 Jun/17
United Kingdom 1.50 Jun/17
Japan 1.40 Jun/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17