Brunei | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Brunei including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Brunei economy.


MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 1.40 1.41 1.43 1.47 1.46 1.68 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate -3.60 4.2 3.1 2.6 2.8 3.3 percent [+]
GDP 12.90 18.7 13.1 19 12.15 13.28 USD Billion [+]
GDP per capita 32226.10 29100 29100 29100 32063 30200 USD [+]
GDP per capita PPP 73604.88 64544 64544 64510 74010 68783 USD [+]
Gross Fixed Capital Formation 1536.10 1487 1487 1487 1487 1487 BND Million [+]
Gdp Constant Prices 4496.00 4638 4637 4678 4687 4679 BND Million [+]
GDP From Agriculture 39.20 37.13 37.88 37.69 37.13 37.35 BND Million [+]
GDP From Construction 148.10 101 138 133 105 123 BND Million [+]
GDP From Mining 2887.10 2463 2314 2171 2167 2345 BND Million [+]
GDP From Public Administration 494.20 537 537 537 537 537 BND Million [+]
GDP From Services 1654.60 1703 1658 1755 1729 1682 BND Million [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 6.90 6.3 6.2 6 5.7 5.8 percent [+]
Population 0.42 0.41 0.42 0.42 0.42 0.44 Million [+]
Unemployed Persons 10073.00 9901 9912 9902 9911 9907 [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate -0.20 1.1 1.8 2.3 1.9 1.3 percent [+]
Food Inflation -0.60 -1.03 -1.06 -1.06 -1.06 -1.06 percent [+]
Consumer Price Index Cpi 99.20 99.06 99.03 99.04 99.05 99.05 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 5.50 5.5 5.5 5.5 5.5 5.5 percent [+]
Deposit Interest Rate 0.30 0.28 0.32 0.35 0.35 0.35 percent [+]
Money Supply M0 1335.80 1343 1336 1340 1338 1339 BND Million [+]
Money Supply M1 4674.86 4598 4592 4590 4590 4589 BND Million [+]
Money Supply M2 14582.17 14366 14370 14365 14366 14366 BND Million [+]
Banks Balance Sheet 17918.00 17927 17877 17842 17810 17626 BND Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade 376.90 147 154 181 360 270 Million BND [+]
Exports 649.90 643 640 637 637 637 Million BND [+]
Imports 273.00 287 287 286 286 286 Million BND [+]
Current Account 2823.60 1893 1891 1895 1899 1905 BND Million [+]
Current Account to GDP 6.50 19.49 16.44 13.38 12.55 11.25 percent [+]
Tourist Arrivals 218213.00 210943 204388 197834 202873 198271 [+]
Crude Oil Production 100.00 106 106 106 106 106 BBL/D/1K [+]
Foreign Direct Investment 238.20 599 539 478 509 706 BND Million [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 2.80 2.79 2.87 2.94 2.98 2.8 percent [+]
Government Budget -14.00 -2.24 -4.23 -6.23 -4.58 0.74 percent of GDP [+]
Military Expenditure 460.10 469 455 440 440 450 USD Million [+]
Government Spending 952.10 916 982 1201 1123 1204 BND Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Ease of Doing Business 72.00 82 85 88 84 101 [+]
Changes In Inventories 10.20 10.32 10.37 10.41 10.42 10.64 BND Million [+]
Competitiveness Index 4.35 4.45 4.45 4.45 4.21 4.13 Points [+]
Competitiveness Rank 58.00 56 56 56 69 85 [+]
Corruption Index 58.00 56 54 53 53 57 Points [+]
Corruption Rank 41.00 44 45 47 45 41 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Spending 887.10 811 858 828 834 832 BND Million [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Personal Income Tax Rate 0.00 0 0 0 0 0 percent [+]
Corporate Tax Rate 18.50 18.5 18.5 18.5 18.5 18.5 percent [+]