Southeast Asia > Brunei > Economy

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Agriculture > products rice, vegetables, fruits, chickens, water buffalo
Budget > Revenues	$3,765,000,000.00		[7th of 166]
Consumer price index	100.57 %		[154th of 165]
Current account balance	$7,101,000,000.00		[30th of 181]
Debt > External	$0.00		[129th of 136]
Economy > Overview Brunei has a small well-to-do economy that encompasses a mixture of foreign and domestic entrepreneurship, government regulation, welfare measures, and village tradition. Crude oil and natural gas production account for just over half of GDP and more than 90% of exports. Per capita GDP is among the highest in Asia, and substantial income from overseas investment supplements income from domestic production. The government provides for all medical services and free education through the university level and subsidizes rice and housing. Brunei's leaders are concerned that steadily increased integration in the world economy will undermine internal social cohesion. Plans for the future include upgrading the labor force, reducing unemployment, strengthening the banking and tourist sectors, and, in general, further widening the economic base beyond oil and gas.
Exchange rates Bruneian dollars per US dollar - 1.6902 (2004), 1.7422 (2003), 1.7906 (2002), 1.7917 (2001), 1.724 (2000)
Exports	$6,767,000,000.00		[85th of 189]
Exports to US	$126,000,000.00		[84th of 224]
GDP	$6,399,988,000.00		[116th of 203]
GDP (purchasing power parity)	$19,640,000,000.00		[120th of 187]
GDP > Composition by sector > Industry	71.6%		[3rd of 146]
GDP > Real growth rate	0.4%		[180th of 198]
GDP growth > annual %	1.73 annual %		[164th of 187]
Gross National Income	$7,753,720,000.00		[86th of 172]
Human Development Index	0.866		[33rd of 178]
Inflation rate (consumer prices)	0.4%		[178th of 192]
Total reserves minus gold > current US$	494,203,800 $		[125th of 178]
Tourist arrivals by region of origin > Europe	14,428		[152nd of 195]
Trade balance with US	-$118,600,000.00		[171st of 224]

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