Brunei Household Debt: % of GDP

Key information about Brunei Household Debt: % of GDP

• Brunei household debt accounted for 14.4 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 14.1 % in the previous quarter.
• Brunei household debt to GDP ratio is updated quarterly, available from Dec 2013 to Dec 2023.
• The data reached an all-time high of 19.4 % in Dec 2016 and a record low of 12.2 % in Dec 2022.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. Brunei Darussalam Central Bank provides Household Debt in local currency. The Department of Economic Planning and Statistics, Ministry of Finance and Economy provides Nominal GDP in local currency. Loans are used due to the lack of Flow of Funds statistics. Household Debt includes Vehicle, Credit Card, Consumer Durables, Home Improvement - Interior Decorations etc., General Consumption and Other Personal Loans, Land Purchases and Constructions, Housing Purchase and Home Improvement (Structural, Renovation, etc.). Household Debt covers Domestic loans only.


Related information about Brunei Household Debt: % of GDP

• In the latest reports, Brunei Household Debt reached 2.1 USD bn in Mar 2023.
• Brunei Foreign Exchange Reserves was measured at 3.2 USD bn in Nov 2023.
• The Foreign Exchange Reserves equaled 4.5 Months of Import in Nov 2023.
• Brunei Domestic Credit reached 5.1 USD bn in Nov 2023, representing an increased of 34.6 % YoY.
• The country's Non Performing Loans Ratio stood at 2.6 % in Dec 2023, compared with the ratio of 2.6 % in the previous quarter.

View Brunei's Household Debt: % of GDP from Dec 2013 to Dec 2023 in the chart:

What was Brunei's Household Debt: % of GDP in Dec 2023?

Brunei household debt accounted for 14.4 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 14.1 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
14.4 Dec 2023	14.1 Sep 2023	12.2 Dec 2022	19.4 Dec 2016	%	quarterly	Dec 2013 - Dec 2023

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