Brunei Government Budget

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. Government Budget in Brunei averaged 10.08 Percent of GDP from 1990 until 2012, reaching an all time high of 27.90 Percent of GDP in 2008 and a record low of -9.87 Percent of GDP in 2002. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Brunei Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
20.20 26.90 27.90 -9.87 17.68 | 2013/12 1990 - 2012 Percent of GDP Yearly

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Brunei Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 0.00 2012-12-31 0.00 0.00 0.00 0.00 2013-12-31 Percent [+]
Government Budget 20.20 2012-12-31 26.90 27.90 -9.87 17.68 2013-12-31 Percent of GDP [+]
Credit Rating 15.00 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Brunei GDP Annual Growth Rate at -5.30 Percent  
The Gross Domestic Product (GDP) in Brunei contracted 5.30 percent in the fourth 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 Inflation Rate at -0.10 Percent  
The inflation rate in Brunei was recorded at -0.10 percent in March of 2014. Inflation Rate in Brunei is reported by the Department of Economic Planning and Development, Brunei.
Brunei Balance of Trade at 1087.00 Million BND  
Brunei recorded a trade surplus of 1087 Million BND in January of 2014. Balance of Trade in Brunei is reported by the Department of Economic Planning and Development, Brunei.
Brunei Imports at 219.00 Million BND  
Imports in Brunei decreased to 219 Million BND in January of 2014 from 393.40 Million BND in December of 2013. Imports in Brunei is reported by the Department of Economic Planning and Development, Brunei.
Brunei Exports at 1306.00 Million BND  
Exports in Brunei increased to 1306 Million BND in January of 2014 from 1126.10 Million BND in December of 2013. Exports in Brunei is reported by the Department of Economic Planning and Development, Brunei.
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 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 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 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.
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