| People | Brunei |
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Economy - overview:
|
Brunei has a small well-to-do economy that encompasses a mixture of foreign and domestic entrepreneurship, government regulation, welfare measures, and village tradition. Crude oil and natural gas production account for just over half of GDP and more than 90% of exports. Per capita GDP is among the highest in Asia, and substantial income from overseas investment supplements income from domestic production. The government provides for all medical services and free education through the university level and subsidizes rice and housing. Brunei's leaders are concerned that steadily increased integration in the world economy will undermine internal social cohesion. Plans for the future include upgrading the labor force, reducing unemployment, strengthening the banking and tourist sectors, and, in general, further widening the economic base beyond oil and gas. |
GDP (purchasing power parity):
|
$9.557 billion (2006 est.) |
GDP (official exchange rate):
|
$12.52 billion (2007 est.) |
GDP - real growth rate:
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0.4% (2005 est.) |
GDP - per capita (PPP):
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$33,600 (2005 est.) |
GDP - composition by sector:
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agriculture: 0.9%
industry: 71.6%
services: 27.5% (2005 est.) |
Investment (gross fixed):
|
void |
Population below poverty line:
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NA% |
Household income or consumption by percentage share:
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lowest 10%: NA%
highest 10%: NA% |
Distribution of family income - Gini index:
|
void |
Inflation rate (consumer prices):
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1.1% (2005) |
Labor force:
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180,400 (2006 est.) |
Labor force participation rate:
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47.30 % of population |
Labor force - by occupation:
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agriculture: 2.9%
industry: 61.1%
services: 36% (2003 est.) |
Unemployment rate:
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4% (2006) |
Budget:
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revenues: $3.765 billion
expenditures: $4.815 billion (2004 est.) |
Budget revenues per capita:
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9,873 USD per capita |
Public debt:
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void |
Industries:
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petroleum, petroleum refining, liquefied natural gas, construction |
Industrial production growth rate:
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1.8% (2005 est.) |
Electricity - production:
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2.735 billion kWh (2005) |
Electricity - production per capita:
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7,172 kWh per capita |
Electricity - consumption:
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2.625 billion kWh (2005 est.) |
Electricity - consumption - per capita:
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6,884 kWh per capita |
Electricity - exports:
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0 kWh (2005) |
Electricity - imports:
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0 kWh (2005) |
Oil - production:
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219,300 bbl/day (2006) |
Oil - production per capita:
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575,031 bbl/day per capita |
Oil - consumption:
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14,900 bbl/day (2006 est.) |
Oil - consumption - per capita:
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14.26 bbl/year per capita |
Oil - exports:
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205,600 bbl/day (2006) |
Oil - imports:
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660.1 bbl/day (2004) |
Oil - proved reserves:
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1.35 billion bbl (1 January 2006 est.) |
Natural gas - production:
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11.03 billion cu m (2005 est.) |
Natural gas - production per capita:
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28,922 cu m per capita |
Natural gas - consumption:
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2.254 billion cu m (2005 est.) |
Natural gas - consumption - per capita:
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5,911 cu m per capita |
Natural gas - exports:
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8.776 billion cu m (2005 est.) |
Natural gas - imports:
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0 cu m (2005) |
Natural gas - proved reserves:
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374.8 billion cu m (1 January 2006 est.) |
Agriculture - products:
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rice, vegetables, fruits; chickens, water buffalo, cattle, goats, eggs |
Current account balance:
|
void |
Current account balance - per capita:
|
void |
Exports:
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$6.767 billion f.o.b. (2006) |
Exports per capita:
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17,744 USD per capita |
Exports - commodities:
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crude oil, natural gas, refined products, clothing |
Exports - partners:
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Japan 30.5%, Indonesia 19.9%, South Korea 14.9%, Australia 11.5%, US 7.7% (2006) |
Imports:
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$2 billion c.i.f. (2006) |
Imports per capita:
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5,245 USD per capita |
Imports - commodities:
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machinery and transport equipment, manufactured goods, food, chemicals |
Imports - partners:
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Singapore 31.4%, Malaysia 18.9%, UK 8%, Japan 5.5%, China 5.4%, Thailand 4.5% (2006) |
Reserves of foreign exchange and gold:
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void |
Reserves of foreign exchange and gold - per capita:
|
void |
Debt - external:
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$0 (2005) |
Debt - external - per capita:
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void |
Stock of direct foreign investment - at home:
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void |
Stock of direct foreign investment - abroad:
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void |
Market value of publicly traded shares:
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$NA |
Economic aid - donor:
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void |
Economic aid - recipient:
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$770,000 (2004) |
Economic aid - recipient per capita:
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1 USD per capita |
Currency (code):
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Bruneian dollar (BND) |
Exchange rates:
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Bruneian dollars per US dollar - NA (2007), 1.5886 (2006), 1.6644 (2005), 1.6902 (2004), 1.7422 (2003) |
Fiscal year:
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1 April - 31 March |
|
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