GDP in Brunei
Brunei - GDPThe 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
|Economic Growth (GDP, annual variation in %)||-2.1||-2.3||-0.6||-2.5||-|
5 years of economic forecasts for more than 30 economic indicators.
Source: World Bank.
|Exchange Rate||1.36||0.0 %||Feb 14|
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