Brunei Current Account to GDP

Brunei recorded a Current Account surplus of 43 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Brunei is reported by the Department of Economic Planning and Development, Brunei. Current Account to GDP in Brunei averaged 47.96 Percent from 1994 until 2013, reaching an all time high of 65.96 Percent in 1994 and a record low of 26.19 Percent in 2002. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Brunei Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
43.00 47.00 65.96 26.19 43.81 | 2014/12 1994 - 2013 Percent Yearly

TO

Brunei Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade 732.70 2013-12-31 745.00 2971.45 401.00 892.01 2014-01-31 Million BND [+]
Current Account 2812.70 2011-09-30 2295.60 2812.70 1048.80 3038.66 2011-12-31 BND Million [+]
Current Account to GDP 43.00 2013-12-31 47.00 65.96 26.19 43.81 2014-12-31 Percent [+]
Exports 1126.10 2013-12-31 1111.90 4137.32 742.20 1201.94 2014-01-31 Million BND [+]
Imports 393.40 2013-12-31 366.90 1165.87 217.00 411.54 2014-01-31 Million BND [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Brunei Government Budget at 20.20 Percent of GDP  
Brunei recorded a Government Budget surplus equal to 20.20 percent of the country's Gross Domestic Product in 2012. Government Budget in Brunei is reported by the Department of Economic Planning and Development, Brunei.
Brunei Current Account to GDP at 43.00 Percent  
Brunei recorded a Current Account surplus of 43 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Brunei is reported by the Department of Economic Planning and Development, Brunei.
Brunei Imports at 393.40 Million BND  
Imports in Brunei increased to 393.40 Million BND in December of 2013 from 366.90 Million BND in November of 2013. Imports in Brunei is reported by the Department of Economic Planning and Development, Brunei.
Brunei Exports at 1126.10 Million BND  
Exports in Brunei increased to 1126.10 Million BND in December of 2013 from 1111.90 Million BND in November of 2013. Exports in Brunei is reported by the Department of Economic Planning and Development, Brunei.
Brunei Balance of Trade at 732.70 Million BND  
Brunei recorded a trade surplus of 732.70 Million BND in December of 2013. Balance of Trade in Brunei is reported by the Department of Economic Planning and Development, Brunei.
Brunei Interest Rate at 5.50 Percent  
The benchmark interest rate in Brunei was last recorded at 5.50 percent. Interest Rate in Brunei is reported by the Autoriti Monetari Brunei Darussalam.
Brunei Inflation Rate at 0.00 Percent  
The inflation rate in Brunei was recorded at 0 percent in February of 2014. Inflation Rate in Brunei is reported by the Department of Economic Planning and Development, Brunei.
Brunei Current Account at 2812.70 BND Million  
Brunei recorded a Current Account surplus of 2812.70 BND Million in the third quarter of 2011. Current Account in Brunei is reported by the Department of Economic Planning and Development, Brunei.
Brunei GDP Annual Growth Rate at -3.90 Percent  
The Gross Domestic Product (GDP) in Brunei contracted 3.90 percent in the third quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Brunei is reported by the Department of Economic Planning and Development, Brunei.
Brunei Personal Income Tax Rate at 0.00 percent  
The Personal Income Tax Rate in Brunei stands at 0 percent. Personal Income Tax Rate in Brunei is reported by the Ministry of Finance, Revenue Division, Brunei.
MORE RELATED NEWS

LATEST NEWS

Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News