Brunei’s economy expanded 0.3% yoy in Q1 2026, slowing sharply from an upwardly revised 4.8% growth in Q4, which had marked the strongest rise in five quarters. Industrial activity lost momentum (2.8% vs 8.3% in Q4), with slower output for oil and gas, and LNG and other petroleum and chemicals. Meantime, the services sector contracted further (-3.1% vs -0.4%), weighed by weaker output in water and air transport, other transport services, finance, and business services. The agriculture sector also slipped (-0.6% vs 5.2%), reflecting a steep fall in vegetables, fruits, and other crops, alongside a sharp slowdown in fisheries. On the expenditure side, government spending fell more sharply (-12.2% vs -1.8%), while private consumption picked up (9.1% vs 3.7%) and fixed investment rebounded (6.3% vs -1.4%). Net exports lifted growth as exports accelerated (9.5% vs. 7.1%) while imports fell at a slower pace (-1.3% vs. -3.1%). Quarterly, the economy shrank 9.0%, reversing a 10.7% growth in Q4. source: Department of Economic Planning and Development, Brunei
The Gross Domestic Product (GDP) in Brunei expanded 0.30 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Brunei averaged 0.48 percent from 2004 until 2026, reaching an all time high of 7.20 percent in the first quarter of 2024 and a record low of -8.10 percent in the fourth quarter of 2013. This page provides - Brunei GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brunei GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.
The Gross Domestic Product (GDP) in Brunei expanded 0.30 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Brunei is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brunei GDP Annual Growth Rate is projected to trend around 2.00 percent in 2027 and 2.10 percent in 2028, according to our econometric models.