Brunei

Brunei: Trade and Investment Profile


The tiny sultanate of Brunei has a surprisingly sound economy, thanks to a strong fiscal balance sheet due to solid income from oil and gas exports, a stable currency, low unemployment and modest, but steady investment, unlike many of its previously fast-growing, emerging Southeast Asian neighbours that now find themselves mired in economic woes.

As a small and open economy Brunei has been dependent on its  extensive hydrocarbon sector (petroleum and natural gas) enabling its population to enjoy one of the highest per capita GDPs in the world.

Crude oil and natural gas production account for 60% of GDP and more than 90% of exports (mostly to Japan and South Korea).

With an eye on the future, the government has encouraged new research and development initiatives in key sectors including energy, environment, food security, healthcare and health services, as well as information and communication technology to ensure the country’s long-term competitiveness.

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Disclaimer: The information and materials contained in this document have been prepared for information purposes only and are general in nature. The information contained in this document is based on material compiled from data considered to be reliable at the time of publication. However information and opinions expressed in this document should not be construed as final consideration for any business and investment decision making. Sarmat Research Partners Pty Ltd cannot be held responsible for any losses whether direct or indirect as a result of using this information.

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