Brunei - Economic Forecasts - 2018-2020 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 1.37
 1.37 1.38 1.38 1.39 1.41
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 2.50
percent		 1.2 1.6 2.2 2.9 3.3
GDP 12.13
USD Billion		 12.3 12.3 12.6 12.6 13.1
GDP per capita 31439.92
USD		 31502 31502 31556 31556 32200
GDP per capita PPP 71809.30
USD		 71819 71819 72012 72012 72783
Gdp Constant Prices 4740.40
BND Million		 4619 4814 4845 4580 5142
GDP From Agriculture 34.90
BND Million		 40.18 35.05 35.67 38.9 37.44
GDP From Construction 96.20
BND Million		 174 101 98.32 119 108
Gdp From Manufacturing 846.90
BND Million		 722 774 866 753 827
GDP From Mining 2072.30
BND Million		 2017 2114 2118 1966 2258
GDP From Public Administration 507.30
BND Million		 498 612 518 506 653
GDP From Services 1744.20
BND Million		 1710 1837 1783 1745 1962
Gdp From Transport 60.30
BND Million		 99.68 124 61.63 73.68 132
Gdp From Utilities 35.40
BND Million		 43.31 43.69 36.18 45.38 46.66
Gross Fixed Capital Formation 1433.20
BND Million		 2097 1389 1465 1546 1484
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 7.10
percent		 7 7 6.5 6.5 6.5
Population 0.43
Million		 0.43 0.43 0.44 0.44 0.45
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 0.20
percent		 0.6 0.9 1.2 -0.2 1.5
Inflation Rate Mom -0.40
percent		 0.2 0.3 0.6 -0.1 0.3
Food Inflation 1.90
percent		 2.7 2.6 2.2 1.6 2
Consumer Price Index Cpi 98.80
Index Points		 100 99.89 101 98.6 102
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 5.50
percent		 5.5 5.5 5.5 5.5 5.5
Deposit Interest Rate 0.30
percent		 0.3 0.3 0.3 0.3 0.3
Money Supply M0 1225.46
BND Million		 1240 1243 1236 1227 1188
Money Supply M1 4431.40
BND Million		 4425 4456 4490 4508 4588
Money Supply M2 14299.65
BND Million		 14223 14218 14300 14350 14610
Banks Balance Sheet 17186.10
BND Million		 17111 17078 17051 17027 16910
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 240.60
BND Million		 241 197 218 208 270
Exports 722.20
Million BND		 618 616 619 622 610
Imports 481.60
Million BND		 377 390 402 414 433
Current Account to GDP 6.10
percent		 4.9 4.9 13.1 13.1 17.2
Tourist Arrivals 218213.00
 205000 205000 213500 213500 198300
Crude Oil Production 85.00
BBL/D/1K		 77 82 84 87 87
Foreign Direct Investment 238.20
BND Million		 478 478 690 690 713
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 2.80
percent		 2.6 2.6 2.7 2.7 2.8
Government Budget -13.01
percent of GDP		 -5 -5 -3 -3 -3
Military Expenditure 347.89
USD Million		 334 334 327 327 328
Government Spending 1283.30
BND Million		 1040 1122 1312 1109 1198
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Ease of Doing Business 56.00
 105 105 93 93 88
Changes In Inventories 7.60
BND Million		 7.6 7.4 7.2 7.1 6.5
Competitiveness Index 4.52
Points		 4.52 4.52 4.69 4.69 4.77
Competitiveness Rank 46.00
 46 46 38 38 35
Corruption Index 62.00
Points		 65 65 61 61 59
Corruption Rank 32.00
 34 34 39 39 37
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Spending 861.50
BND Million		 947 892 880 825 953
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Personal Income Tax Rate 0.00
percent		 0 0 0 0 0
Corporate Tax Rate 18.50
percent		 18.5 18.5 19 19 19