GDP per capita in Brunei

Brunei GDP per capita (USD) | Economic News & Forecasts

Brunei - GDP per capita (U.S. Dollars)

Final figures confirmed that while the economic contraction softened in the final quarter of 2021 (Q4: -1.4%; Q3: -1.8%), GDP for 2021 as a whole fell 1.6%—the sharpest contraction in five years. Q4’s result came amid the ongoing impact of the pandemic: a sluggish performance of oil and gas production, as well as a marked slowdown in exports and government spending. Turning to this year, robust demand from key trading partners and higher commodity prices led annual exports growth to accelerate at the outset of 2022. Moreover, last year’s discovery of 42 million barrels-worth of oil is expected to boost production and buttress exports, especially as Western countries search for alternatives to Russian oil. Business sentiment, similarly, remained upbeat in January–April due to expectations of improved demand as the country recovers from its most recent wave of Covid-19 cases.

Brunei - GDP per capita (USD) Data

2015   2016   2017   2018   2019  
GDP per capita (USD)31,383  27,346  28,211  30,689  30,135  

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Brunei Facts

Value Change Date
Exchange Rate1.340.0 %Jan 01

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