Projected GDP Growth (2023):
Projected Inflation Rate (2023):
Updated as of July 2023
Brunei Darussalam: Non-Oil and Gas Sector Leads Economic RecoveryEconomic activities in Brunei Darussalam have picked up since mid-2022. Thanks to high vaccination rates, daily new cases of COVID-19 have declined sharply since April 2022, enabling containment measures and border restrictions to be lifted.
Brunei Darussalam Benefiting from Fuller Economic Re-Opening and Higher Energy PricesAfter the setback to growth last year due to the outbreak of the Delta variant of COVID-19, economic activities in Brunei Darussalam are gradually picking up, particularly in the non-oil and gas (O&G) sector.