Brunei Current Account Balance: % of GDP

Key information about Brunei Current Account Balance: % of GDP

• Brunei Current Account deficit accounted for 20.4 % of the country's Nominal GDP in Dec 2020, compared with a 13.5 % deficit in the previous quarter.
• Brunei Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 2013 to Dec 2020, with an average value of 15.9 %.
• The data reached an all-time high of 54.3 % in Mar 2014 and a record low of -20.4 % in Dec 2020.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. International Monetary Fund provides Current Account Balance in USD. The Department of Economic Planning and Statistics, Ministry of Finance and Economy provides Nominal GDP in local currency. The International Monetary Fund average market exchange rate is used for currency conversions.


Key information about Brunei Current Account Balance: % of GDP

• In the latest reports of Brunei, Current Account recorded a deficit of 615.1 USD mn in Dec 2020.
• Foreign Direct Investment (FDI) fell by 315.6 USD mn in Dec 2020.
• Brunei Direct Investment Abroad expanded by 504.0 USD mn in Dec 2018.
• The country's Nominal GDP was reported at 4.1 USD bn in Dec 2022.

View Brunei's Current Account Balance: % of GDP from Mar 2013 to Dec 2020 in the chart:

What was Brunei's Current Account Balance: % of GDP in Dec 2020?

Brunei Current Account deficit accounted for 20.4 % of the country's Nominal GDP in Dec 2020, compared with a 13.5 % deficit in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
-20.4 Dec 2020	-13.5 Sep 2020	-20.4 Dec 2020	54.3 Mar 2014	%	quarterly	Mar 2013 - Dec 2020

Current Account Balance: % of GDP by Country Comparison

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