GDP

GDP of Brunei in 2023 - Expenditure Approach, Sector Output, and Regional GDP

Last Updated: October 31, 2023
brn

GDP Summary

“Brunei with a population of had a total GDP value of US dollars (calculated in current US dollars) for the whole of 2022. The GDP per capita is 37851, and the growth rate in 2022 is -1.6%.”

Population

0.433 million

Land Size

5270 km²

GDP

16.68 billion

GDP Per Capita

37851 USD

Real GDP Growth
Note: Real GDP Growth (%) | Forecast after 2023
GDP Per Capital (Nominal)
Note: Current USD | Forecast after 2023
GDP Per Capita (PPP)
Note: PPP | Forecast after 2023

GDP Structure (Expenditure Approach)

The latest GDP update was in October 2023, updating the data on the contribution of GDP output in various sectors for the year 2022, as a proportion of the total GDP. The data is sourced from the World Bank, IMF, and local government statistics. Predictions on the sources of GDP contribution are from the EIU.

Private Consumption
22.6%
Government Expneidutre
20.1%
Capital Formation
25.7%
Export
86.4%
Import
60.6%
GDP Growth(By Type)
Note: Real GDP Growth (%) | Forecast after 2023

GDP Structure By Sector

The latest GDP update was in October 2023, updating the data on the contribution of GDP output in various sectors for the year 2022, as a proportion of the total GDP. The data is sourced from the World Bank, IMF, and local government statistics. Predictions on the sources of GDP contribution are from the EIU.

Agriculture
1%
Industry
59.3%
Manufacturing
18.3%
Service
39.7%
Economic Growth(By Sector)
Note: Real GDP Growth (%) | Forecast after 2023

Economic Development

Unemployment

5.2 %

Inflation

3.7 %

Urbanization

77.9 %

TFR

1.8 人

Unemployment Rate
Unit: %
Inflation Rate
Unit: %