Brunei Tax Revenue: % of GDP

2010 - 2023 | Yearly | % | CEIC Data

Key information about Brunei Tax revenue: % of GDP

  • Brunei Tax revenue: % of GDP was reported at 1.8 % in Dec 2023.
  • This records an increase from the previous number of 1.6 % for Dec 2022.
  • Brunei Tax revenue: % of GDP data is updated yearly, averaging 1.9 % from Dec 2010 to 2023, with 14 observations.
  • The data reached an all-time high of 2.8 % in 2010 and a record low of 1.6 % in 2022.
  • Brunei Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual.

CEIC shifts year-end for annual Tax Revenue as % of Nominal GDP and calculates it from annual Tax Revenue and annual Nominal GDP. The Department of Economic Planning and Statistics, Ministry of Finance and Economy provides Tax Revenue in local currency and Nominal GDP in local currency. Tax Revenue is reported in annual frequency, ending in March of each year.

View Brunei's Tax Revenue: % of GDP from 2010 to 2023 in the chart:

Brunei Tax Revenue: % of GDP

What was Brunei's Tax Revenue: % of GDP in 2023?

Brunei Tax revenue: % of GDP was reported at 1.8 % in Dec 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
1.8 2023 1.6 2022 1.6 2022 2.8 2010 % yearly 2010 - 2023

Tax Revenue: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 19.2 2023 yearly 2008 - 2023
Algeria (%) 4.8 2023 yearly 1997 - 2023
Argentina (%) 17.8 Jun 2024 quarterly Mar 2004 - Jun 2024
Armenia (%) 25.1 Mar 2023 quarterly Mar 2008 - Mar 2023
Australia (%) 33.5 Jun 2024 quarterly Sep 2002 - Jun 2024
Austria (%) 27.2 Jun 2024 quarterly Mar 2001 - Jun 2024
Azerbaijan (%) 17.9 2023 yearly 1993 - 2023
Bahrain (%) 5.3 2023 yearly 1990 - 2023
Bangladesh (%) 7.8 2023 yearly 2006 - 2023
Belarus (%) 21.7 Sep 2021 quarterly Mar 2009 - Sep 2021
Belgium (%) 29.8 2023 yearly 1980 - 2023
Bolivia (%) 17.8 2022 yearly 1990 - 2022
Bosnia and Herzegovina (%) 21.6 2023 yearly 2005 - 2023
Botswana (%) 34.0 Jun 2023 quarterly Jun 2007 - Jun 2023
Brazil (%) 15.9 Sep 2024 quarterly Sep 1994 - Sep 2024
Brunei (%) 1.8 2023 yearly 2010 - 2023
Bulgaria (%) 31.5 Jun 2024 quarterly Mar 2003 - Jun 2024
Cambodia (%) 13.5 2022 yearly 2009 - 2022
Canada (%) 13.2 Jun 2024 quarterly Mar 1996 - Jun 2024
Chile (%) 19.4 2023 yearly 1990 - 2023
China (%) 11.3 Sep 2024 quarterly Mar 1995 - Sep 2024
Colombia (%) 16.8 Jun 2024 quarterly Mar 2000 - Jun 2024
Croatia (%) 26.1 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (%) 20.3 Jun 2024 quarterly Mar 1995 - Jun 2024
Czech Republic (%) 19.8 Jun 2024 quarterly Mar 1995 - Jun 2024
Denmark (%) 44.3 Jun 2024 quarterly Mar 1999 - Jun 2024
Ecuador (%) 15.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Egypt (%) 5.5 2023 yearly 2005 - 2023
Estonia (%) 23.4 Jun 2024 quarterly Mar 1999 - Jun 2024
European Union (%) 25.8 2023 yearly 1995 - 2023
Finland (%) 33.0 Jun 2024 quarterly Mar 1999 - Jun 2024
France (%) 15.9 Sep 2024 quarterly Mar 2006 - Sep 2024
Georgia (%) 26.1 Jun 2024 quarterly Mar 2006 - Jun 2024
Germany (%) 23.4 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (%) 13.9 Jun 2022 quarterly Mar 2008 - Jun 2022
Greece (%) 31.7 Jun 2024 quarterly Mar 1999 - Jun 2024
Hong Kong SAR, China (%) 6.7 Jun 2024 quarterly Sep 1979 - Jun 2024
Hungary (%) 26.1 Jun 2024 quarterly Mar 1999 - Jun 2024
Iceland (%) 30.9 Jun 2024 quarterly Mar 2002 - Jun 2024
India (%) 7.1 Jun 2024 quarterly Jun 1997 - Jun 2024
Indonesia (%) 9.5 Sep 2024 quarterly Mar 2014 - Sep 2024
Iran (%) 4.9 2021 yearly 1996 - 2021
Ireland (%) 20.5 Jun 2024 quarterly Mar 2000 - Jun 2024
Israel (%) 22.6 Jun 2024 quarterly Mar 2001 - Jun 2024
Italy (%) 29.3 Jun 2024 quarterly Mar 1999 - Jun 2024
Ivory Coast (%) 13.1 2023 yearly 1960 - 2023
Japan (%) 15.4 Jun 2024 quarterly Jun 1983 - Jun 2024
Jordan (%) 15.2 2018 yearly 1999 - 2018
Kazakhstan (%) 15.3 Dec 2023 quarterly Mar 2008 - Dec 2023
Kenya (%) 7.0 2023 yearly 2006 - 2023
South Korea (%) 13.2 Jun 2024 quarterly Mar 2000 - Jun 2024
Kosovo (%) 24.8 Sep 2023 quarterly Mar 2010 - Sep 2023
Kuwait (%) 1.1 2023 yearly 1986 - 2023
Kyrgyzstan (%) 30.8 Mar 2024 quarterly Mar 2007 - Mar 2024
Laos (%) 13.0 2023 yearly 2012 - 2023
Latvia (%) 24.9 Jun 2024 quarterly Mar 1999 - Jun 2024
Lebanon (%) 10.9 2020 yearly 1998 - 2020
Lithuania (%) 25.2 Jun 2024 quarterly Mar 1999 - Jun 2024
Luxembourg (%) 29.4 2023 yearly 1995 - 2023
Macau SAR, China (%) 22.2 2023 yearly 2002 - 2023
North Macedonia (%) 20.2 Jun 2024 quarterly Mar 2004 - Jun 2024
Malawi (%) 12.8 2022 yearly 2009 - 2022
Malaysia (%) 11.3 Jun 2024 quarterly Mar 1991 - Jun 2024
Malta (%) 25.1 Jun 2024 quarterly Mar 2000 - Jun 2024
Mauritius (%) 21.9 Dec 2022 quarterly Mar 2010 - Dec 2022
Mexico (%) 15.1 Jun 2024 quarterly Mar 1993 - Jun 2024
Moldova (%) 21.0 2023 yearly 2004 - 2023
Mongolia (%) 25.0 Jun 2024 quarterly Mar 2000 - Jun 2024
Montenegro (%) 28.8 Jun 2024 quarterly Mar 2012 - Jun 2024
Morocco (%) 22.5 Jun 2022 quarterly Mar 2007 - Jun 2022
Mozambique (%) 18.2 2016 yearly 1996 - 2016
Myanmar (%) 4.4 2021 yearly 2005 - 2021
Nepal (%) 19.1 2018 yearly 2001 - 2018
Netherlands (%) 26.6 Jun 2024 quarterly Mar 1999 - Jun 2024
New Zealand (%) 30.8 2023 yearly 1999 - 2023
Norway (%) 31.3 Jun 2024 quarterly Mar 2002 - Jun 2024
Oman (%) 4.5 2023 yearly 1996 - 2023
Pakistan (%) 5.8 2023 yearly 2000 - 2023
Palestinian Territory (%) 21.4 2020 yearly 2005 - 2020
Panama (%) 6.7 Jun 2024 quarterly Mar 2007 - Jun 2024
Paraguay (%) 13.6 Jun 2024 quarterly Mar 1998 - Jun 2024
Peru (%) 15.2 Jun 2024 quarterly Mar 1990 - Jun 2024
Philippines (%) 15.6 Sep 2024 quarterly Mar 1985 - Sep 2024
Poland (%) 16.9 Jun 2024 quarterly Mar 2007 - Jun 2024
Portugal (%) 22.0 Mar 2024 quarterly Mar 1999 - Mar 2024
Russia (%) 21.4 Jun 2024 quarterly Mar 1996 - Jun 2024
Serbia (%) 42.4 Jun 2024 quarterly Mar 2005 - Jun 2024
Singapore (%) 16.7 Jun 2024 quarterly Dec 1987 - Jun 2024
Slovakia (%) 14.0 Jun 2024 quarterly Mar 2005 - Jun 2024
Slovenia (%) 22.8 Jun 2024 quarterly Mar 2000 - Jun 2024
South Africa (%) 21.8 Jun 2024 quarterly Mar 1990 - Jun 2024
Spain (%) 23.6 2023 yearly 1995 - 2023
Sri Lanka (%) 12.9 Jun 2024 quarterly Mar 2014 - Jun 2024
Sudan (%) 5.6 2021 yearly 2001 - 2021
Sweden (%) 21.2 2023 yearly 1995 - 2023
Switzerland (%) 26.7 2022 yearly 1990 - 2022
Taiwan (%) 25.2 Jun 2024 quarterly Mar 1975 - Jun 2024
Tajikistan (%) 20.5 2016 yearly 2000 - 2016
Thailand (%) 13.2 2023 yearly 1990 - 2023
Tunisia (%) 25.4 2023 yearly 1991 - 2023

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Brunei Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -11.9 2023 yearly 2010 - 2023
Consolidated Fiscal Balance (USD mn) -1,794.468 2023 yearly 2003 - 2023
Tax Revenue (USD mn) 277.842 2023 yearly 2007 - 2023
Tax Revenue: % of GDP (%) 1.8 2023 yearly 2010 - 2023
Forecast: Government Expenditure (BND bn) 6.627 2029 yearly 1980 - 2029
Forecast: Government Net Debt (BND bn) 0.473 2029 yearly 1980 - 2029
Forecast: Government Revenue (BND bn) 3.816 2029 yearly 1980 - 2029
Government Expenditure: Total (BND mn) 5,946.340 2024 yearly 2004 - 2024
Government Revenue: Total (BND mn) 3,532.960 2024 yearly 2004 - 2024
Govt Revenue: GO: Tax: Excise Duty Car (BND mn) 60.400 2024 yearly 2010 - 2024
Govt Revenue: GO: Tax (BND mn) 373.670 2024 yearly 2008 - 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.478 2028 yearly 1980 - 2028
Trade Balance (USD mn) 376.2 Aug 2024 monthly Jan 2010 - Aug 2024
Total Exports (USD mn) 872.4 Jul 2024 monthly Jan 2010 - Jul 2024
Total Exports Growth (%) -13.0 Aug 2024 monthly Jan 2011 - Aug 2024
Aluminum: Exports (USD th) 890.815 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,482.808 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 334.778 2022 yearly 1995 - 2022
Total Imports (USD mn) 581.7 Aug 2024 monthly Jan 2010 - Aug 2024
Total Imports Growth (%) -26.9 Aug 2024 monthly Jan 2011 - Aug 2024
Imports: Medicament (USD th) 111,524.375 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 34,007.352 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 46.488 Jul 2024 monthly May 1990 - Jun 2024
Total Imports from USA (USD mn) 18.315 Aug 2024 monthly Jan 1981 - Aug 2024
Total Exports to China (USD mn) 164.453 Aug 2024 monthly Jan 1999 - Aug 2024
Total Imports from China (USD mn) 60.188 Aug 2024 monthly Jan 1981 - Aug 2024
Exports: Machinery & Transport Equipment (BND mn) 60.582 Aug 2024 monthly Dec 2012 - Aug 2024
Imports: Mineral Fuels (BND mn) 498.955 Jul 2024 monthly Dec 2012 - Jul 2024
Imports: Food (BND mn) 63.269 Aug 2024 monthly Dec 2012 - Aug 2024
Imports: Manufactured Goods (BND mn) 33.262 Jul 2024 monthly Dec 2012 - Jul 2024
Imports: Machinery & Transport Equipment (BND mn) 90.575 Jul 2024 monthly Dec 2012 - Jul 2024
Imports: Miscellaneous Manufactured Articles (BND mn) 31.296 Jul 2024 monthly Dec 2012 - Jul 2024
Exports: Mineral Fuels (BND mn) 951.546 Aug 2024 monthly Dec 2012 - Aug 2024
Exports: Thailand (BND mn) 60.200 Jul 2024 monthly Feb 2013 - Jul 2024
Exports: Korea (BND mn) 76.100 Jan 2024 monthly Jan 2013 - Jan 2024
Exports: Japan (BND mn) 339.600 Jul 2024 monthly Jan 2013 - Jul 2024
Imports: Singapore (BND mn) 26.600 Aug 2024 monthly Jan 2013 - Aug 2024
Imports: Malaysia (BND mn) 292.000 Jul 2024 monthly Jan 2013 - Jul 2024
Imports: China (BND mn) 43.000 Jul 2024 monthly Jan 2013 - Jul 2024
Imports: USA (BND mn) 24.100 Aug 2024 monthly Jan 2013 - Aug 2024
Imports: Thailand (BND mn) 11.100 Aug 2024 monthly Jan 2013 - Aug 2024
Export Volume Index (2015=100) 98.554 2021 yearly 2000 - 2021
Import Volume Index (2015=100) 218.959 2021 yearly 2000 - 2021
Export Value Index (2015=100) 173.740 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 504.0 2018 yearly 1970 - 2018
Current Account Balance (USD mn) -615.1 Dec 2020 quarterly Mar 2001 - Dec 2020
Current Account Balance: % of GDP (%) -20.4 Dec 2020 quarterly Mar 2013 - Dec 2020
Foreign Direct Investment (USD mn) -315.6 Dec 2020 quarterly Mar 2001 - Dec 2020
Foreign Direct Investment: % of GDP (%) -10.5 Dec 2020 quarterly Mar 2014 - Dec 2020
Forecast: Current Account Balance (USD bn) 2.412 2029 yearly 1981 - 2029
BN: BoP: Capital Account: Credit (USD mn) 0.000 Dec 2020 quarterly Mar 2015 - Dec 2020
BN: BoP: Current Account (USD mn) 3,264.028 2022 yearly 2001 - 2022
BN: BoP: Financial Account: Portfolio Investment (USD mn) -270.852 2023 yearly 2001 - 2023
BN: BoP: Current Account: Secondary Income: Credit (USD mn) 57.500 2023 yearly 2010 - 2023
BN: BoP: Financial Account (USD mn) 1,142.917 2023 yearly 2001 - 2023
BN: BoP: Financial Account: Other Investment (USD mn) 2,061.454 2023 yearly 2001 - 2023
BN: BoP: Financial Account: Portfolio Investment: Liabilities (USD mn) 0.000 2021 yearly 2015 - 2021
BN: BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) 0.000 2021 yearly 2015 - 2021
BN: BoP: Financial Account: Official Reserve Assets (USD mn) -698.678 2023 yearly 2001 - 2023
BoP: FA: Direct Investment: Brunei (USD mn) -50.993 2023 yearly 2001 - 2023
Current Account Balance: USD mn (USD mn) 1,944.053 2023 yearly 2001 - 2023
BN: BOP: Financial Account: Portfolio Investment: Net (USD mn) -270.852 2023 yearly 2001 - 2023
BN: BOP: Current Account: Imports: Goods (USD mn) 7,438.798 2023 yearly 2001 - 2023
BN: BOP: Current Account: Balance (USD mn) 1,944.053 2023 yearly 2001 - 2023
BN: BOP: Current Account: Imports: Service (USD mn) 1,642.443 2023 yearly 2001 - 2023
BN: BOP: Current Account: Primary Income: Receipts (USD mn) 957.650 2023 yearly 2001 - 2023
BN: BOP: Current Account: Personal Remittances: Received (USD mn) 0.893 2023 yearly 2005 - 2023
BN: BOP: Current Account: Primary Income: Payments (USD mn) 763.652 2023 yearly 2001 - 2023
BN: BOP: Current Account: Exports: Goods (USD mn) 11,238.394 2023 yearly 2001 - 2023
BN: BOP: Current Account: Exports: Service (USD mn) 340.011 2023 yearly 2001 - 2023
BN: BOP: Current Account: Net Trade: Goods (USD mn) 3,799.596 2023 yearly 2001 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.4 Jun 2024 quarterly Mar 2011 - Jun 2024
Household Debt: % of GDP (%) 14.3 Jun 2024 quarterly Dec 2013 - Jun 2024
Non-Performing Loans (USD mn) 133.188 Jun 2024 quarterly Mar 2010 - Jun 2024
Money Supply M1 (USD mn) 4,260.513 Aug 2024 monthly Jan 1999 - Aug 2024
Money Supply M2 (USD mn) 12,651.143 Aug 2024 monthly Jan 1999 - Aug 2024
Reserve Requirement Ratio (%) 6.0 Oct 2024 monthly Jan 2006 - Oct 2024
Foreign Exchange Reserves (USD mn) 3,211.1 Jul 2024 monthly Dec 1999 - Jul 2024
Foreign Exchange Reserves: % of GDP (%) 6.000 Oct 2024 monthly Jan 2006 - Oct 2024
Foreign Exchange Reserves: Months of Import (NA) 5.4 Jul 2024 monthly Jan 2010 - Jul 2024
Gold Reserves (USD mn) 352.746 Jul 2024 monthly Dec 1999 - Jul 2024
Total Deposits (USD mn) 11,763.218 Jun 2024 monthly Jan 2011 - Jun 2024
Total Deposits Growth (%) -2.3 Jun 2024 monthly Jan 2012 - Jun 2024
Domestic Credit (USD mn) 5,246.8 Jul 2024 monthly Jan 1999 - Jul 2024
Domestic Credit Growth (%) 20.6 Jul 2024 monthly Jan 2000 - Jul 2024
Household Debt (USD mn) 2,130.8 Mar 2023 quarterly Mar 2011 - Mar 2023
Total Loans (USD mn) 5,487.012 Jun 2024 quarterly Mar 2011 - Jun 2024
Total Loans Growth (%) 12.23 Jun 2024 quarterly Mar 2012 - Jun 2024
Private Debt: % of Nominal GDP (%) 28.37 Jun 2024 quarterly Dec 2013 - Jun 2024
Money Supply: Currency in Circulation (BND mn) 1,361.080 Aug 2024 monthly Dec 2001 - Aug 2024
Commercial Banks (CB): Non Performing Loans (NPL) (BND mn) 180.936 Jun 2024 quarterly Jun 2021 - Jun 2024
CB: NPL Ratio (%) 2.367 Jun 2024 quarterly Jun 2021 - Jun 2024

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