Brunei recorded a Government Budget deficit equal to 10.50 percent of the country's Gross Domestic Product in 2019.

Government Budget in Brunei averaged 5.16 percent of GDP from 1990 until 2019, reaching an all time high of 27.90 percent of GDP in 2008 and a record low of -18.30 percent of GDP in 2016. This page provides - Brunei Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brunei Government Budget - values, historical data and charts - was last updated on September of 2020.

Government Budget in Brunei is expected to reach -11.10 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brunei Government Budget is projected to trend around -12.00 percent of GDP in 2021 and -12.50 percent of GDP in 2022, according to our econometric models.

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Brunei Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-10.50 -8.60 27.90 -18.30 1990 - 2019 percent of GDP Yearly

Brunei Government Last Previous Highest Lowest Unit
Government Debt to GDP 2.40 2.80 3.20 0.00 percent [+]
Government Budget -10.50 -8.60 27.90 -18.30 percent of GDP [+]
Credit Rating 15.00 [+]
Military Expenditure 336.00 347.00 477.00 210.00 USD Million [+]
Government Spending 1206.20 1048.00 1484.70 890.10 BND Million [+]


Brunei Government Budget
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.