Brunei Q1 GDP Growth Eases Significantly

2026-07-06 07:36 By Farida Husna 1 min. read

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.



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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.
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