Current account balance as a share of GDP in Brunei Darussalam
Brunei Darussalam: Current account balance as a share of GDP was 14.5% in 2024. ▼ Falling
Current account balance as a share of GDP in Brunei Darussalam, 2001–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2024, current account balance as a share of gdp in Brunei Darussalam stood at 14.5%.
That represents a change of up 12.8% on the previous year and down 52.7% over ten years.
Over the whole period, current account balance as a share of gdp in Brunei Darussalam peaked at 43.6% in 2008 and was at its lowest, 4.3%, in 2020.
That places Brunei Darussalam 13th out of 193 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 24 years of available data.
Current account balance as a share of GDP in Brunei Darussalam, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 32.0% | — |
| 2002 | 27.7% | -13.4% |
| 2003 | 34.7% | +25.0% |
| 2004 | 33.4% | -3.5% |
| 2005 | 38.2% | +14.3% |
| 2006 | 41.4% | +8.2% |
| 2007 | 36.0% | -13.1% |
| 2008 | 43.6% | +21.2% |
| 2009 | 33.4% | -23.4% |
| 2010 | 36.6% | +9.6% |
| 2011 | 34.7% | -5.2% |
| 2012 | 29.8% | -14.0% |
| 2013 | 20.9% | -30.0% |
| 2014 | 30.7% | +47.1% |
| 2015 | 16.7% | -45.7% |
| 2016 | 12.9% | -22.7% |
| 2017 | 16.4% | +26.9% |
| 2018 | 6.9% | -57.6% |
| 2019 | 6.6% | -4.2% |
| 2020 | 4.3% | -35.5% |
| 2021 | 11.1% | +160.3% |
| 2022 | 19.5% | +75.2% |
| 2023 | 12.9% | -34.0% |
| 2024 | 14.5% | +12.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.6% | 27.7% | 43.6% | 9 |
| 2010s | 21.2% | 6.6% | 36.6% | 10 |
| 2020s | 12.5% | 4.3% | 19.5% | 5 |
Countries ranked near Brunei Darussalam
- 10 Papua New Guinea 15.0% compare
- 11 Norway 14.8% compare
- 12 Djibouti 14.7% compare
- 14 Guyana 13.9% compare
- 15 Turks and Caicos Islands 13.1% compare
- 16 Hong Kong, China 12.9% compare
More economy & growth data for Brunei Darussalam
- Manufacturing, value added (constant LCU), per capita 3,442 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -4.67 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.6 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 19,341 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual -6.7 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.7846 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 25,290 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 1.91 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.5349 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 17,243 constant 2015 US$ per person (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Brunei Darussalam?
- Current account balance as a share of gdp in Brunei Darussalam was 14.5% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Brunei Darussalam?
- The highest recorded value was 43.6% in 2008.
- What is the lowest current account balance as a share of gdp recorded in Brunei Darussalam?
- The lowest recorded value was 4.3% in 2020.
- How does Brunei Darussalam rank for current account balance as a share of gdp?
- Brunei Darussalam ranks 13th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Brunei Darussalam?
- Over the last ten years it is down 52.7%. The long-run trend across the full record is falling.
- Where does this Brunei Darussalam data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).