GDP in Brunei

Brunei GDP | Economic News & Forecasts

Brunei - GDP

The economy likely rebounded in the third quarter of 2018 on the back of elevated energy prices, following the second quarter’s contraction in annual terms. Turning to the fourth quarter, however, the sharp drop in oil prices in November and December likely depressed the external sector. Looking forward, although limited, the recent recovery in oil prices—thanks to OPEC’s decision to cut oil production—should bode well for the economy in Q1 2019.

Brunei - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)-2.1  -2.3  -0.6  -2.5  -     

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Note: Annual variation of gross domestic product (GDP) in %.
Source: World Bank.

Brunei Facts

ValueChangeDate
Exchange Rate1.350.0 %Jan 30

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