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Brunei Real GDP

Brunei's real GDP rose to $13.7 billion in 2024, up from $13.15 billion in 2023, according to World Bank. This represents an increase of 4.2% ($552.22 million) from the previous year and accounts for 0.01% of the world's total real GDP. Brunei has real GDP lower than the global median ($13.70 billion vs median $29.34 billion). Compared with the median in Asia, Brunei is lower ($13.70 billion vs regional median $91.45 billion) and ranks 42nd out of 47 countries in Asia.

Brunei's GDP per capita rose to $29,605.88 in 2024, up from $28,645.96 in 2023.

Yearly Historical Data (1974-2024)

(in Billion USD)
Year Real GDP (Billion USD)
2024 13.7
2023 13.15
2022 13
2021 13.22
2020 13.43
2019 13.28
2018 12.78
2017 12.78
2016 12.61
2015 12.93
2014 12.98
2013 13.32
2012 13.6
2011 13.48
2010 12.99
2009 12.65
2008 12.89
2007 13.42
2006 13.94
2005 13.39
2004 13.39
2003 13.38
2002 12.92
2001 12.42
2000 12.24
1999 11.83
1998 11.35
1997 12.16
1996 11.43
1995 11.44
1994 11.28
1993 11.17
1992 11.24
1991 11.61
1990 11.28
1989 10.99
1988 11.3
1987 11.47
1986 11.24
1985 11.88
1984 12.24
1983 12.53
1982 12.48
1981 12.2
1980 15.72
1979 17.41
1978 14.01
1977 13.09
1976 11.9
1975 9.85
1974 9.91
Brunei Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Brunei, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $15.46B $15.1B 2024
GDP Annual Growth Rate 4.2% 1.13% 2024
GDP per Capita $29,605.88 $28,645.96 2024
GDP per Capita PPP $79,184.09 $76,616.7 2024
R&D Expenditure (% GDP) 0.28% 0.04% 2018