Economy — Brunei
GDP, employment, industries, public finance, and currency.
Profile updated 2026-06-02
⚡ Economy at a glance
GDP, employment, industries, public finance, and currency. Key figure for Brunei: Brunei is an energy-rich sultanate on the northern coast of Borneo in Southeast Asia. Brunei boasts a well-educated, largely English-speaking population; excellent infrastructure; and a stable government intent on attracting foreign investment. Crude oil and natural gas production account for approximately 65% of GD…
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Economic overview
- Economic Overview
Brunei is an energy-rich sultanate on the northern coast of Borneo in Southeast Asia.
Brunei boasts a well-educated, largely English-speaking population; excellent infrastructure; and a stable government intent on attracting foreign investment.
Crude oil and natural gas production account for approximately 65% of GDP and 95% of exports, with Japan as the primary export market.
Per capita GDP is among the highest in the world, and substantial income from overseas investment supplements income from domestic hydrocarbon production.
Bruneian citizens pay no personal income taxes, and the government provides free medical services and free education through the university level.
The Bruneian Government wants to diversify its economy away from hydrocarbon exports to other industries such as information and communications technology and halal manufacturing, permissible under Islamic law.
Brunei’s trade increased in 2016 and 2017, following its regional economic integration in the ASEAN Economic Community, and the expected ratification of the Trans-Pacific Partnership trade agreement.
- Industries
Petroleum, petroleum refining, liquefied natural gas, construction, agriculture, transportation
- GDP - per capita (PPP)
$79,700.00 (USD)
- GDP - real growth rate
0.4%
GDP & growth
- GDP - Gross Domestic Product (PPP)
$27,230,000,000 (USD)
- GDP Per Capita
$79,700.00 (USD)
- GDP - real growth rate
0.4%
- GDP - official exchange rate
$10,460,000,000 (USD)
- GDP - composition, by end use
- Household Consumption: 21.7%
- Government Consumption: 23.6%
- Investment in Fixed Capital: 37.6%
- Investment in Inventories: 0%
- Exports of Goods and Services: 50.8%
- Imports of Goods and Services: -33.7%
- GDP by Sector- agriculture
1.1%
- GDP by Sector- Industry
60.4%
- GDP by Sector- services
38.5%
- Industrial Growth Rate
1%
Prices & money
- Inflation Rate
-0.2%
- Exchange Rate per US Dollar
1.386
- Currency Name and Code
Bruneian dollars (BND)
- Fiscal Year
1 April - 31 March
- Commercial Bank Prime Lending Rate
5.5%
Employment & labor
- Labor Force
203,600
- Unemployment Rate
6.9%
- Major Industries
Petroleum, petroleum refining, liquefied natural gas, construction, agriculture, transportation
- Agriculture Products
Rice, vegetables, fruits; chickens, water buffalo, cattle, goats, eggs
Public finance
- Annual Budget
$2,958,000,000 (USD)
- Budget Surplus or Deficit - percent of GDP
-15.9%
- Taxes and other revenues - percent of GDP
28.3%