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ECON FACTBOOK

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Economy of Brunei

Population: 418 thousand in 20131

GDP: $16.1 billion in 20132

GDP per capita: $38,563 nominal3 ($71,759 PPP4) in 2013

GDP growth rate: -1.8% in 20135

Industries

GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Mining and utilities9,68558.0%
Other activities3,44920.7%
Manufacturing1,93511.6%
Wholesale, retail trade, restaurants and hotels5873.5%
Transport, storage and communication4943.0%
Construction4372.6%
Agriculture, hunting, forestry, fishing1050.6%
Total value added16,692100%

Employment

Unemployment rate: 3.8% in 20137

Employment by Industry 20088

Employment sectorPercent of total
Industry63%
Services33%
Agriculture4%
Total100%

Corporations

Top 10 Corporations by Revenue 20139

N/A (0 corporations on the Fortune Global 500 list)

Households

Household Wealth: $15 billion (93% of GDP) in 201410

Household Wealth per Adult: $50,867 in 201410

Gini Coefficient: N/A

Government

Central Government

Central Government Revenue: $7.0 billion (44% of GDP) in 201311

Central Government Expenditure: $5.4 billion (34% of GDP) in 201311

Central Government Budget Balance: +$1.6 billion (+10% of GDP) in 201311

Central Government Public Debt: N/A

Central Government 10 Year Bond Interest Rate: N/A

Government Funds

Brunei Investment Agency: $39 billion (242% of GDP) in 201412

Tax Structure

Individual Income Tax Rates and Thresholds in 201313

Corporate Tax Rate: 20% in 201414

Monetary Policy

Money Supply (M0): $3.3 billion (20% of GDP) in 2013* 15

Benchmark Interest Rate: N/A

Total Reserves: $3.0 billion (19% of GDP) in 201316

Exchange Rate: 1.36 Bruneian Dollars = 1 U.S. Dollar on Feb 11, 201517

Inflation: 0.4% in 201318

* Money supply calculated using the exchange rate 1.36 BND = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 201319

N/A (data not available at Relbanks.com)

International Accounts

Exports: $12.8 billion (80% of GDP) in 201320

Imports: $3.0 billion (19% of GDP) in 201320

Trade Balance: +$9.8 billion (+61% of GDP) in 201320

Foreign Direct Investment Inflow: $895 million (6% of GDP) in 201321

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: N/A

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: CIA World Factbook (Government budget) Go back
12. Source: ESADE Sovereign Wealth Funds (Government Funds) Go back
13. Source: KPMG Tax Profile (Individual tax rates) Go back
14. Source: Tax Foundation (Corporate tax rate) Go back
15. Source: World Bank Indicators (Money supply) Go back
16. Source: World Bank Indicators (Total reserves) Go back
17. Source: xe.com (Exchange rate) Go back
18. Source: World Bank Indicators (Inflation rate) Go back
19. Source: Relbanks.com (Financial institutions by assets) Go back
20. Source: CIA World Factbook (Trade data) Go back
21. Source: World Bank Indicators (FDI data) Go back
22. Source: World Bank Indicators (Aid data) Go back