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Brunei Trade (% GDP)

Brunei's trade (% GDP) fell to 133.22% in 2024, down from 136.86% in 2023, according to World Bank. This represents a decrease of 3.64% from the previous year. Brunei has trade (% GDP) higher than the global median (133.22% vs median 84.49%). Compared with the median in Asia, Brunei is higher (133.22% vs regional median 82.69%) and ranks 13th out of 45 countries in Asia.

Yearly Historical Data (1974-2024)

(in %)
Year Trade (% GDP)
2024 133.22%
2023 136.86%
2022 146.97%
2021 147.12%
2020 110.29%
2019 108.51%
2018 93.9%
2017 85.18%
2016 87.32%
2015 89.9%
2014 102.42%
2013 110.94%
2012 105.64%
2011 99.54%
2010 95.37%
2009 90.29%
2008 89.75%
2007 81.01%
2006 81.57%
2005 81.62%
2004 84.88%
2003 89.09%
2002 93.22%
2001 91.1%
2000 87.06%
1999 75.99%
1998 78.73%
1997 77.15%
1996 80.49%
1995 71.04%
1994 62.87%
1993 70.51%
1992 69.94%
1991 62.94%
1990 57.75%
1989 58.12%
1983 52.01%
1982 50.88%
1981 49.81%
1980 47.95%
1979 50.65%
1978 51.84%
1977 52.12%
1976 52.13%
1975 53.11%
1974 49.71%
Brunei Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Brunei divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $11.24B $14.23B 2023
Annual Imports $7.48B $9.18B 2023
Exports (% GDP) 74.3% 76.7% 2024
FDI Inflows (% GDP) 0.19% -0.37% 2024
Imports (% GDP) 58.92% 60.16% 2024
Net Trade (Goods & Services, BoP) $2.37B $2.5B 2024
Tariff Rate 0.18% 0.12% 2022