| variable | 1981-1989 | 1990-1999 | 2000-2007 | 2008-2009 | 2010-2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| real gdp growth | 0.08 | 2.26 | 1.63 | 0.42 | 0.35 | -1.59 | -1.63 | 1.41 | 3.91 | 2.52 |
| CPI % | 1.56 | 2.0 | 0.48 | 0.7 | 0.1 | 1.73 | 3.69 | 0.4 | -0.39 | 1.0 |
| Debt/GDP % | 0.0 | 0.0 | 0.28 | 1.11 | 2.65 | 2.51 | 2.06 | 2.33 | 2.29 | 2.21 |
| Current account balance/GDP % | 50.87 | 24.03 | 35.53 | 35.02 | 17.99 | 11.21 | 19.57 | 12.88 | 16.56 | 15.44 |
| Unemployment rate | - | - | - | - | 8.07 | 5.0 | 5.2 | 5.3 | 4.9 | 4.9 |
Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here
The Sultanate of Brunei's influence peaked between the 15th and 17th centuries, when its control extended over coastal areas of northwest Borneo and the southern Philippines. Internal strife over royal succession, colonial expansion of European powers, and piracy subsequently brought on a period of decline. In 1888, Brunei became a British protectorate; independence was achieved in 1984. The same family has ruled Brunei for over six centuries, and in 2017, the country celebrated the 50th anniversary of Sultan Hassanal BOLKIAH’s accession to the throne. Brunei has one of the highest per-capita GDPs in the world, thanks to extensive petroleum and natural gas fields.
Area: 5,765 km2
Climate: tropical; hot, humid, rainy
Natural resources: petroleum, natural gas, timber
Groups: Malay 67.4%, Chinese 9.6%, other 23% (2021 est.)
Languages: Malay (Bahasa Melayu) (official), English, Chinese dialectsmajor-language sample(s): Buku Fakta Dunia, sumber yang diperlukan untuk maklumat asas. (Malay)The World Factbook, the indispensable source for basic information.
Religions: Muslim (official) 82.1%, Christian 6.7%, Buddhist 6.3%, other 4.9% (2021 est.)
Capital: Bandar Seri Begawan
Government type: absolute monarchy or sultanate
Chief of state: Sultan and Prime Minister Sir HASSANAL Bolkiah (since 5 October 1967)
Head of government: Sultan and Prime Minister Sir HASSANAL Bolkiah (since 5 October 1967)cabinet: Council of Ministers appointed and presided over by the monarchelection/appointment process: none; the monarchy is hereditarynote 1: the monarch is both chief of state and head of government, as well as Minister of Finance, Defense, and Foreign Affairs and Tradenote 2: 4 additional advisory councils appointed by the monarch are the Religious Council, Privy Council for Constitutional Issues, Council of Succession, and Legislative Council
Description: legislature name: Legislative Council (Majlis Mesyuarat Negara)legislative structure: unicameralnumber of seats: 45 (all appointed)electoral system: plurality/majorityscope of elections: full renewalterm in office: 5 yearsmost recent election date: 1/20/2023percentage of women in chamber: 11.4%expected date of next election: January 2028
Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"