Markets Actual Q3 Q4 Q1 Q2 2022
Currency 1.36 1.36 1.37 1.37 1.37 1.38

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) -1.40 2.3 3.5 3.5 3 4
Unemployment Rate (%) 8.40 9.6 9.7 9.5 9.5 9.4
Inflation Rate (%) 1.10 2.5 2.3 1.8 1.8 2.5
Interest Rate (%) 5.50 5.5 5.5 5.5 5.5 5.5
Balance of Trade (BND Million) 84.10 280 300 300 300 300
Current Account to GDP (% of GDP) 1.00 2 2 2 2 3.5
Government Debt to GDP (% of GDP) 3.20 3.3 2.9 2.9 2.9 2.9
Government Budget (% of GDP) -2.70 -12 -12 -12 -12 -12.5
Personal Income Tax Rate (%) 0.00 0 0 0 0 0

GDP Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) -1.40 2.3 3.5 3.5 3 4
GDP (USD Billion) 12.02 14 14 14 14 16
GDP per capita (USD) 32402.37 32100 32100 32100 32100 32500
GDP per capita PPP (USD) 62243.60 61200 61200 61200 61200 62400
Gross Fixed Capital Formation (BND Million) 1180.80 2331 1776 1222 1216 1847
GDP Constant Prices (BND Million) 4779.50 4738 5226 4947 4923 5435
GDP From Agriculture (BND Million) 42.90 44.19 46.47 44.4 44.19 48.33
GDP From Construction (BND Million) 84.10 166 129 87.04 86.62 135
GDP From Manufacturing (BND Million) 1000.30 828 1100 1035 1030 1144
GDP From Mining (BND Million) 1899.40 1918 2053 1966 1956 2135
GDP From Public Administration (BND Million) 491.20 517 653 508 506 679
GDP From Services (BND Million) 1806.20 1822 1946 1869 1860 2023
GDP From Transport (BND Million) 37.60 86.03 94.91 38.92 38.73 98.71
GDP From Utilities (BND Million) 36.80 47.88 50.4 38.09 37.9 52.42

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 8.40 9.6 9.7 9.5 9.5 9.4
Population (Million) 0.45 0.5 0.5 0.5 0.5 0.52

Prices Actual Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 1.10 2.5 2.3 1.8 1.8 2.5
Inflation Rate Mom (%) -0.50 0.3 0.3 0.3 0.3 0.3
Consumer Price Index CPI (points) 102.20 103 104 104 104 106
Food Inflation (%) 1.50 3 3 1.8 1.8 2

Money Actual Q3 Q4 Q1 Q2 2022
Interest Rate (%) 5.50 5.5 5.5 5.5 5.5 5.5
Deposit Interest Rate (%) 0.20 0.2 0.2 0.2 0.2 0.2
Money Supply M2 (BND Million) 15766.59 15152 15382 15382 15382 15689
Banks Balance Sheet (BND Million) 18088.18 16578 17911 17911 17911 18326

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (BND Million) 84.10 280 300 300 300 300
Current Account to GDP (% of GDP) 1.00 2 2 2 2 3.5
Imports (Million BND) 1054.50 620 650 650 650 650
Exports (Million BND) 1138.60 900 950 950 950 950
Tourist Arrivals 62325.00 190000 190000 190000 190000 243333
Crude Oil Production (BBL/D/1K) 99.00 115 110 110 110 110
Foreign Direct Investment (BND Million) 796.70 500 500 500 500 500

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of GDP) 3.20 3.3 2.9 2.9 2.9 2.9
Government Budget (% of GDP) -2.70 -12 -12 -12 -12 -12.5
Military Expenditure (USD Million) 440.00 328 328 328 328 328
Government Spending (BND Million) 1119.00 982 1181 1158 1153 1228

Taxes Actual Q3 Q4 Q1 Q2 2022
Personal Income Tax Rate (%) 0.00 0 0 0 0 0
Corporate Tax Rate (%) 18.50 18.5 18.5 18.5 18.5 18.5

Business Actual Q3 Q4 Q1 Q2 2022
Changes In Inventories (BND Million) 8.40 6.5 6.5 6.5 6.5 6.5

Consumer Actual Q3 Q4 Q1 Q2 2022
Consumer Spending (BND Million) 1023.30 1127 1099 1059 1054 1143


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.