Brunei BN: GDP: Gross Value Added at Basic Prices

2010 - 2023 | Yearly | BND mn | World Bank

Brunei BN: GDP: Gross Value Added at Basic Prices data was reported at 20,673.893 BND mn in 2023. This records a decrease from the previous number of 23,357.796 BND mn for 2022. Brunei BN: GDP: Gross Value Added at Basic Prices data is updated yearly, averaging 19,081.806 BND mn from Dec 2010 (Median) to 2023, with 14 observations. The data reached an all-time high of 24,181.033 BND mn in 2012 and a record low of 15,979.067 BND mn in 2016. Brunei BN: GDP: Gross Value Added at Basic Prices data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brunei – Table BN.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at basic prices (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at basic prices is derived by subtracting net product taxes from GDP. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

View Brunei's Brunei BN: GDP: Gross Value Added at Basic Prices from 2010 to 2023 in the chart:

Brunei Brunei BN: GDP: Gross Value Added at Basic Prices

What was Brunei's Brunei BN: GDP: Gross Value Added at Basic Prices in 2023?

Last Previous Min Max Unit Frequency Range
20,673.893 2023 23,357.796 2022 15,979.067 2016 24,181.033 2012 BND mn yearly 2010 - 2023

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Brunei Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 96,482.790 2028 yearly 1985 - 2028
Forecast: Nominal GDP Per Capita (USD) 44,913.590 2027 yearly 1985 - 2027
Forecast: Real GDP Growth (%) 2.112 2027 yearly 1986 - 2027
GDP Deflator Growth (%) 22.0 Sep 2022 quarterly Mar 2005 - Sep 2022
GDP per Capita (USD) 37,452.922 2022 yearly 1965 - 2022
Gross Fixed Capital Formation (USD mn) 1,288.579 Jun 2024 quarterly Mar 2004 - Jun 2024
Gross National Product (GNP) (USD mn) 16,311.906 2022 yearly 1989 - 2022
Gross Savings Rate (%) 60.0 Sep 2022 quarterly Mar 2004 - Sep 2022
Investment: % of GDP (%) 33.8 Jun 2024 quarterly Mar 2004 - Jun 2024
Nominal GDP (USD mn) 4,130.1 Sep 2022 quarterly Mar 2004 - Sep 2022
Nominal GDP Growth (%) 7.833 Jun 2024 quarterly Mar 2005 - Jun 2024
Private Consumption Expenditure (USD mn) 928.403 Jun 2024 quarterly Mar 2013 - Jun 2024
Private Consumption: % of GDP (%) 24.2 Jun 2024 quarterly Mar 2004 - Jun 2024
Public Consumption Expenditure (USD mn) 810.787 Jun 2024 quarterly Mar 2013 - Jun 2024
Public Consumption: % of GDP (%) 17.6 Sep 2022 quarterly Mar 2004 - Sep 2022
Real GDP Growth (%) 0.9 Sep 2022 quarterly Mar 2005 - Sep 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 136.661 Jun 2024 quarterly Mar 2004 - Jun 2024
Construction and Properties Last Frequency Range
House Prices Growth (%) -0.8 Jun 2024 quarterly Mar 2016 - Jun 2024
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (BND bn) 6.082 2028 yearly 1980 - 2028
Forecast: Government Net Debt (BND bn) 0.473 2029 yearly 1980 - 2029
Forecast: Government Revenue (BND bn) 3.770 2029 yearly 1980 - 2029
Tax Revenue (USD mn) 277.842 2023 yearly 2007 - 2023
Consolidated Fiscal Balance (USD mn) -1,794.468 2023 yearly 2003 - 2023
Tax Revenue: % of GDP (%) 1.8 2023 yearly 2010 - 2023
Consolidated Fiscal Balance: % of GDP (%) -11.9 2023 yearly 2010 - 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 216,718.000 2023 yearly 1991 - 2023
Forecast: Population (Person mn) 0.443 2028 yearly 1985 - 2028
Forecast: Unemployment Rate (%) 4.900 2029 yearly 2011 - 2029
Labour Force Participation Rate (%) 64.3 2023 yearly 1990 - 2023
Labour Productivity Growth (%) -1.49 2023 yearly 1992 - 2023
Population (Person mn) 0.5 2023 yearly 1950 - 2023
Unemployment Rate (%) 5.20 2023 yearly 1981 - 2023
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicle Sales: Commercial Cars (Unit) 651.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 10,949.000 2019 yearly 2005 - 2019
Motor Vehicles Sales (Unit) 1,285 Nov 2020 monthly Jan 2010 - Nov 2020
Motor Vehicles Sales Growth (%) 20.1 Nov 2020 monthly Jan 2011 - Nov 2020
Household Expenditure per Capita (USD) 4,119.540 2015 yearly 2005 - 2015
Household Income per Capita (USD) 9,871.186 2015 yearly 2005 - 2015
Number of Registered Vehicles (Unit) 315,605 2023 yearly 1972 - 2023

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