Brunei's economy was flat year-on-year in the second quarter of 2026, following a 0.3% expansion in the previous quarter. Industrial activity contracted 1.0%, reversing from a 2.8% increase in Q1, mainly due to weaker performance in oil and gas mining and wearing apparel and textile. The agriculture sector also shrank 2.4%, deepening from a 0.6% decline. Meanwhile, the services sector grew 1.6% after a 3.1% contraction in the prior quarter, supported by finance, education, and other transport services. On the expenditure side, household consumption growth slowed markedly to 1.7% from 9.1% in Q1. In contrast, gross capital formation surged 34.2% from 6.3%, while government spending rebounded to 0.6% after a 12.2% decline in the previous quarter. Exports of goods and services grew at a slower pace of 2.9%, down from 9.5%, whereas imports rebounded strongly, rising 38.9% after a 1.3% decline in Q1. source: Department of Economic Planning and Development, Brunei

The Gross Domestic Product (GDP) in Brunei stagnated 0 percent in the second 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 October of 2026.

The Gross Domestic Product (GDP) in Brunei stagnated 0 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Brunei is expected to be 1.80 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.



Related Last Previous Unit Reference
GDP Growth Rate YoY 0.00 0.30 percent Jun 2026
GDP Constant Prices 4653.50 4926.70 BND Million Jun 2026
GDP from Agriculture 45.00 38.10 BND Million Jun 2026
GDP from Construction 130.30 83.10 BND Million Jun 2026
GDP from Manufacturing 739.10 935.90 BND Million Jun 2026
GDP from Mining 1803.80 1850.60 BND Million Jun 2026
GDP from Public Administration 514.70 501.30 BND Million Jun 2026
GDP from Services 1920.30 2038.90 BND Million Jun 2026
GDP from Transport 77.60 64.80 BND Million Jun 2026
GDP from Utilities 64.70 38.40 BND Million Jun 2026
Gross Fixed Capital Formation 2238.60 1030.70 BND Million Jun 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.30 7.20 -8.10 2004 - 2026 percent Quarterly

News Stream
Brunei Q1 GDP Growth Eases Significantly
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.
2026-07-06
Brunei GDP Growth Hits 5-Quarter High in Q4
Brunei’s economy grew 4.5% yoy in Q4 2025, accelerating from a marginal 0.03% rise in the prior period and marking the fastest expansion in five quarters. Industrial activity surged 8.3% (vs 0.3% in Q3), supported by stronger oil and gas output alongside faster production of LNG and other petroleum and chemical products. Agricultural growth also picked up to 5.7% (vs 1.8%), reflecting gains in vegetables, fruits & other crops, as well as forestry. In contrast, the services sector remained weak (-1.0% vs -0.5%), weighed by weaker wholesale and retail trade, water transport, other transport services, finance, and business services. On the expenditure side, household consumption rebounded (4.4% vs -5.0%), while net exports added positively as export growth accelerated (7.1% vs 4.6%) and imports fell at a slower pace (-3.1% vs -21.6%). However, government spending (-9.2% vs -3.0%) and fixed investment (-1.4% vs -0.1%) fell further. Quarterly, GDP rose 10.8%, much stronger than 5.4% in Q3.
2026-03-30
Brunei Q3 GDP Stabilizes with Marginal Growth
Brunei’s economy stabilized in Q3 2025, up marginally by 0.03% yoy after contracting in the prior three quarters. The services sector shrank at a slower pace (-0.5% vs -2.4% in Q2), helped by growth in air transport, finance, real estate, and other transport services. Meanwhile, industrial activity slowed (0.3% vs. 1.1%), weighed by softer oil and gas output, declines in food and beverage manufacturing, other manufacturing, and construction. Agricultural growth eased sharply (1.8% vs. 5.0%) amid further drops in fruits, vegetables, other agricultural products, and forestry. Expenditure-wise, fixed investment improved (-0.1% vs -9.5%). Net trade lifted growth as exports recovered (4.6% vs -15.6%) while imports fell further (-21.6% vs -17.8%). Household consumption stayed weak (-5.0% vs -3.2%), while government spending fell for the first time in five quarters (-3.0% vs 12.0%). On a quarterly basis, GDP rebounded 5.4%, swinging from a marginally revised 5.6% fall in Q2.
2026-01-05