Brunei Darussalam GDP 2024

[ Nominal GDP in billions of USD ]

Year -

$15.34 billions

Source: world bank Nominal/PPP
Summary:

Brunei Darussalam GDP expanded from 1965 to 2024, increasing from $0.11 billion to $15.34 billion.The compound annual growth rate (CAGR) averaged 8.73% over the period. The economy recorded its peak level in 2012 and its lowest level in 1965. Growth volatility remained high. The maximum drawdown reached 61.2%, indicating the largest cyclical decline from peak levels. The country experienced 10 recession episode(s) during the observed period.

Brunei Darussalam Annual GDP from 1960 to 2024

Source: world bank Nominal | PPP

NominalPPP
YearBil $Net Chg% ChgInt Bil $Net Chg% Chg
1960------
1961------
1962------
1963------
1964------
19650.11-----
19660.130.0216.414 %---
19670.140.014.724 %---
19680.160.0215.672 %---
19690.1600.244 %---
19700.180.0211.084 %---
19710.20.0210.301 %---
19720.270.0737.108 %---
19730.430.1659.918 %---
19742.321.89435.581 %---
19752.50.187.624 %---
19763.050.5622.366 %---
19773.680.6320.508 %---
19784.10.4211.387 %---
19796.041.9447.408 %---
198010.84.7578.603 %---
19819.37-1.43-13.23 %---
19828.93-0.44-4.644 %---
19837.93-1-11.247 %---
19847.63-0.29-3.719 %---
19856.97-0.67-8.715 %---
19864.19-2.78-39.861 %---
19874.920.7317.367 %---
19884.54-0.38-7.785 %---
19894.980.459.889 %---
19906.041.0621.195 %17.92--
19916.280.244.05 %19.071.156.391 %
19926.330.040.692 %18.89-0.17-0.913 %
19936.2-0.12-1.969 %19.220.331.722 %
19946.470.264.263 %19.820.613.149 %
19957.71.2319.054 %20.510.693.472 %
19967.66-0.04-0.477 %20.880.371.803 %
19977.790.131.692 %22.591.718.178 %
19985.55-2.24-28.772 %21.32-1.27-5.608 %
19996.310.7613.66 %22.551.225.736 %
20006.570.264.152 %23.861.315.819 %
20016.1-0.47-7.226 %24.750.893.751 %
20026.330.243.887 %26.131.385.577 %
20037.170.8313.179 %27.61.475.628 %
20048.621.4520.25 %28.380.772.796 %
200510.551.9322.369 %29.260.893.131 %
200612.642.119.886 %31.42.147.309 %
200713.430.796.227 %31.04-0.36-1.156 %
200815.932.4918.571 %30.4-0.64-2.049 %
200911.91-4.01-25.201 %30.01-0.39-1.295 %
201013.711.7915.061 %31.211.23.99 %
201118.524.8235.147 %33.041.845.885 %
201219.050.522.827 %35.392.347.093 %
201318.09-0.95-5.01 %34.23-1.16-3.278 %
201417.1-1-5.506 %33.85-0.38-1.1 %
201512.93-4.17-24.374 %26.48-7.37-21.786 %
201611.4-1.53-11.833 %24.23-2.24-8.468 %
201712.130.736.385 %26.682.4510.108 %
201813.571.4411.863 %28.521.846.892 %
201913.47-0.1-0.72 %30.72.187.638 %
202012.01-1.46-10.865 %31.220.521.7 %
202114.01216.664 %35.354.1213.206 %
202216.682.6819.099 %37.251.95.385 %
202315.1-1.59-9.51 %39.031.784.767 %
202415.340.251.628 %41.592.566.569 %

Brunei Darussalam Economic Phases (1965–2024)

Between 1965 to 2024, Brunei Darussalam experienced the following economic phases:

  • High Growth (1970–1980) indicating robust economic expansion
  • Contraction (1984–1985) indicating temporary slowdown
  • High Growth (1989–1990) indicating robust economic expansion
  • Expansion (1991–1992) indicating steady moderate growth
  • High Growth (2003–2008) indicating robust economic expansion
  • High Growth (2010–2011) indicating robust economic expansion
  • Contraction (2013–2014) indicating temporary slowdown
  • Crisis (2015–2016) indicating severe economic downturn
  • High Growth (2017–2018) indicating robust economic expansion
  • High Growth (2021–2022) indicating robust economic expansion
  • Expansion (2024–2024) indicating steady moderate growth

The most remarkable growth occurred in 1974 with an increase of 435.581%, while the largest decline was in 1986 at -39.861%.