Information about Asia and the Pacific Asia y el Pacífico
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Brunei Darussalam

Author(s):
International Monetary Fund
Published Date:
July 2012
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Table 1.Brunei Darussalam: Nominal GDP by Economic Activity, 2003–10(In millions of Brunei dollars)
20032004200520062007200820092010
Gross domestic product (GDP)11,42413,30615,86418,22618,45820,39815,61116,867
Oil and gas sector6,5308,23610,54012,49112,33314,3009,41710,462
Oil and gas mining5,0806,7428,86810,76810,60411,6727,3908,572
Manufacture of liquefied natural gas (LNG)1,4511,4941,6721,7231,7292,6282,0271,890
Non-oil and gas sector4,8945,0695,3235,7356,1266,0986,1946,406
Government1,6891,7851,8472,0082,2392,1522,1902,313
Private sector3,2053,2843,4763,7263,8863,9464,0054,093
Non-oil and gas sector4,8945,0695,3235,7356,1266,0986,1946,406
Vegetables, fruits and other agriculture2725242125302929
Livestock and poultry3344353841465246
Forestry45555773
Fishery7576866556475451
Manufacture of wearing apparel and textile2121811971241161038058
Other manufacturing8792837971657488
Electricity and water9895113104111115122132
Construction401423418540530534518524
Wholesale and retail trade415444458486549558591623
Water transport135134143172149146161157
Air transport110116116115117114124123
Other transport services3332446996109106123
Communication167171457504150165165174
Finance355375472553579593574583
Real estate and ownership of dwellings395414412415427433430438
Hotels and restaurants6368586758587274
Private health and education services6061716794107100127132
Business services433437462524599620615613
Domestic services4850505151525254
Other private services5440404348515270
Government services1,6891,7851,8472,0082,2392,1522,1902,313
Memorandum items:
Population349,600359,700370,100383,000390,000398,000406,200414,400
GDP per capita (in Brunei dollars)32,67836,99142,86447,58747,32951,25138,43340,703
Source: Department of Economic Planning and Development (JPKE).
Source: Department of Economic Planning and Development (JPKE).
Table 2.Brunei Darussalam: Quarterly Nominal GDP by Economic Activity, 2007–11(In millions of Brunei dollars)
20072008200920102011
Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3
Gross domestic product (GDP)4,2314,2784,4955,4545,0835,0705,5954,6493,5643,2553,8964,8974,1943,8754,0974,7024,9944,8735,188
Oil and gas sector2,6532,8203,0183,8423,6023,6244,0693,0052,0661,7632,3933,1942,6462,3402,5342,9423,4073,2873,570
Oil and gas mining2,2822,4202,6083,2943,1733,1543,4691,8761,4191,3761,9662,6302,2501,8632,0742,3842,8882,7422,952
Manufacture of liquefied natural gas (LNG)3714004105484294706001,129648388428565396476460558519545619
Non-oil and gas sector1,5791,4581,4771,6121,4811,4461,5261,6441,4981,4911,5031,7031,5491,5351,5631,7601,5871,5851,618
Government619489489643503494504651513499513665544521542705564555563
Private sector9609709889699789531,0229939859929901,0381,0051,0131,0201,0541,0231,0301,055
Non-oil and gas sector1,5791,4581,4771,6121,4811,4461,5261,6441,4981,4911,5031,7031,5491,5351,5631,7601,5871,5851,618
Vegetables, fruits, and other agriculture5676778958898776677
Livestock and poultry10101010111112121611121312111211131312
Forestry1111122112221111111
Fishery14141414131111121211131813131212131312
Manufacture of wearing apparel and textile35282430422021212120201916131810141613
Other manufacturing20221513182017112025151321282414193124
Electricity and water28243029282730302929323232323333313234
Construction117110173131120105176134121109149139120112151141124111157
Wholesale and retail trade154135141120149140142128159145150138169153157144178153164
Water transport52233936502238355226424244274343442646
Air transport28293623292639213030392526313927354543
Other transport services40311312453715124535151158371711523617
Communication16267136172874461828764320317844213284
Finance113127152188116127160190120129138187122130139192117126137
Real estate and ownership of dwellings106107107107108109109108108106108108109108111111109108111
Hotels and restaurants15151215151413151618191917181920181921
Private health and education services28322324322222243629333039283531433038
Business services1532009515115619710616015720193164150192100171156194110
Domestic services13131313131313131313131313131314131313
Other private services11161298161612817141415271216162512
Government Services619489489643503494504651513499513665544521542705564555563
Source: Department of Economic Planning and Development (JPKE).
Source: Department of Economic Planning and Development (JPKE).
Table 3.Brunei Darussalam: Nominal GDP by Expenditure, 2003–10(In millions of Brunei dollars)
20032004200520062007200820092010
Gross domestic product (GDP)11,42413,30615,86418,22618,45920,39815,61116,867
Domestic demand7,5918,2638,2878,80510,2949,89310,17910,368
Consumption5,8716,4696,4846,9027,8977,1047,4397,689
Personal consumption expenditure3,1213,5343,5633,6113,7223,6083,8033,909
Government consumption expenditure2,7502,9342,9203,2924,1753,4963,6363,781
Gross capital formation1,7201,7941,8031,9022,3972,7882,7412,678
Gross fixed investment1,7121,7871,8011,9072,3982,7892,7402,678
Construction1,0991,1581,2071,2221,3831,6011,6061,609
Machinery and equipment6136295946861,0151,1881,1341,069
Change in stocks872-5-2-111
Net exports of goods and services3,8074,9246,8028,4947,37510,3395,7758,192
Exports of goods and services7,9169,15411,13213,09012,52515,97111,36313,737
Imports of goods and services4,1094,2304,3294,5965,1495,6335,5875,545
Statistical discrepancy (residual to tally up)27118775927789167-343-1,692
Sources: Department of Economic Planning and Development (JPKE); CEIC Data Co. Ltd.
Sources: Department of Economic Planning and Development (JPKE); CEIC Data Co. Ltd.
Table 4.Brunei Darussalam: Quarterly Nominal GDP by Expenditure, 2007–11(In millions of Brunei dollars)
20072008200920102011
Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3
Gross domestic product (GDP)4,2314,2784,4955,4545,0835,0715,5954,6493,5643,2553,8964,8974,1943,8754,0974,7024,9944,8735,188
Domestic demand2,4342,3612,8312,6692,4082,2932,6462,5462,6362,2962,5272,7212,3742,5642,6952,7352,2772,4362,788
Consumption1,8981,8832,1052,0111,7741,7471,7991,7841,8621,7731,8511,9521,7711,9601,9172,0411,6411,8641,965
Personal consumption expenditure8849829998588689149448839109439809709339721,0059999709751,039
Government consumption expenditure1,0149011,1071,1549078348559019538308719828389889121,043671889926
Gross capital formation536478726658633546847763773523676769603604778693636572824
Gross fixed investment534478726660635545847762773523676769603604778693636572823
Construction286265389444416296425463424301409471401325411472413321425
Machinery and equipment249213338216219249422299349222266297201280367221223251398
Change in stocks10-1-2-21-1110000000000
Net exports of goods and services1,6551,6991,5082,5142,4972,6642,7302,4471,7941,0321,3601,5901,9411,5671,9332,7512,4912,3232,809
Exports of goods and services2,8502,9542,9463,7753,7633,9694,3933,8473,3762,3682,6282,9903,2233,0013,3654,1473,8663,7644,437
Imports of goods and services1,1951,2551,4391,2611,2661,3051,6621,4001,5821,3371,2681,4001,2831,4341,4321,3961,3751,4411,629
Statistical discrepancy (residual to tally up)142219156271179114219-344-866-739587-120-257-531-784226115-408
Sources: Department of Economic Planning and Development (JPKE); CEIC Data Co. Ltd.
Sources: Department of Economic Planning and Development (JPKE); CEIC Data Co. Ltd.
Table 5.Brunei Darussalam: Real GDP by Economic Activity, 2003–10(In millions of Brunei dollars, 2000 prices)
20032004200520062007200820092010
Gross domestic product (GDP)11,36211,42011,46411,96811,98611,75411,54611,846
Oil and gas sector6,4326,3656,2016,4706,0245,6515,3895,505
Oil and gas mining4,9414,9054,7744,9774,5774,1514,0094,075
Manufacture of liquefied natural gas (LNG)1,4911,4601,4281,4931,4471,5001,3801,430
Non-oil and gas sector4,9305,0545,2635,4985,9636,1036,1586,342
Government1,7121,7661,8171,9782,2072,2672,2982,388
Private sector3,2183,2883,4463,5203,7563,8373,8603,954
Non-oil and gas sector4,9305,0545,2635,4985,9636,1036,1586,342
Vegetables, fruits and other agriculture3032312729353434
Livestock and poultry4551444951535956
Forestry45555773
Fishery5259695244394139
Manufacture of wearing apparel and textile1651661741351371329043
Other manufacturing96105978476746990
Electricity and water8282868688899599
Construction407424458441489498477489
Wholesale and retail trade461476486499558561586613
Water transport127111134145165178200200
Air transport105104987272717373
Other transport services32313762100109112135
Communication172174169163159170171183
Finance361380417476494506493504
Real estate and ownership of dwellings401402407408417426425432
Hotels and restaurants6366474842425364
Private health and education services66711201229798125137
Business services434447471542621633631640
Domestic services4647484848494949
Other private services6956515664687071
Government services1,7121,7661,8171,9782,2072,2672,2982,388
Source: Department of Economic Planning and Development (JPKE).
Source: Department of Economic Planning and Development (JPKE).
Table 6.Brunei Darussalam: Quarterly Real GDP by Economic Activity, 2007–11(In millions of Brunei dollars, 2000 prices)
20072008200920102011
Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3
Gross domestic product (GDP)3,0802,8262,9403,1402,9092,6922,9113,2422,8292,5722,8263,3202,9402,7412,9103,2563,0202,8042,982
Oil and gas sector1,5351,4061,5091,5741,4711,2821,3771,5201,3721,1361,3081,5721,4541,2561,3491,4461,4841,2771,387
Oil and gas mining1,1751,0611,1381,2031,0929181,0091,1321,0008309831,1951,0929081,0051,0701,0989091,031
Manufacture of liquefied natural gas (LNG)359345371371379364368388372306325377362349344375385367356
Non-oil and gas sector1,5461,4201,4321,5661,4381,4101,5341,7221,4571,4361,5181,7471,4861,4851,5611,8101,5361,5281,595
Government603483488632489480556741499484563752525502587775548520598
Private sector9439379439339499309789809589519569959619839741,0369891,008996
Non-oil and gas sector1,5461,4201,4321,5661,4381,4101,5341,7221,4571,4361,5181,7471,4861,4851,5611,8101,5361,5281,595
Vegetables, fruits and other agriculture7787891095910109998789
Livestock and poultry13121313131314131811141514141514161615
Forestry1111122112221111111
Fishery111111111099101191011101010109109
Manufacture of wearing apparel and textile3536313444233036292323151210111012108
Other manufacturing23171619191617222317141524331618213516
Electricity and water21222322212223232224242424252525232525
Construction108102159121110101163123114101138125110107141129114107146
Wholesale and retail trade155132149123151136146129153145149139159152156146165152163
Water transport65263836622847416530525355345556653257
Air transport15172516161427141615291314172815182428
Other transport services33321817274320192745201945462221394423
Communication17287440182976481831774521328447233386
Finance10298125168106102125173109104110170112105112175107102110
Real estate and ownership of dwellings104105104104105106107107106105107107107107109109108107109
Hotels and restaurants119111211811121410141516171416202115
Private health and education services26272123282621233127353239283633433238
Business services171220891411742109915017420697154166200102172172206108
Domestic services12121212121212121212121212121212131413
Other private services1521151312211917924191810241719133017
Government Services603483488632489480556741499484563752525502587775548520598
Source: Department of Economic Planning and Development (JPKE).
Source: Department of Economic Planning and Development (JPKE).
Table 7.Brunei Darussalam: Real GDP by Expenditure, 2003–10(In millions of Brunei dollars, 2000 prices)
20032004200520062007200820092010
Gross domestic product (GDP)11,36211,41911,46411,96811,98611,75411,54611,846
Domestic demand7,5728,1178,0758,5989,6439,96910,33510,464
Consumption5,9106,4086,3586,8567,4407,4757,8498,066
Personal consumption expenditure3,1223,5053,4863,6163,6883,7533,9304,011
Government consumption expenditure2,7872,9032,8723,2413,7523,7233,9194,055
Gross capital formation1,6621,7091,7171,7422,2042,4942,4862,398
Gross fixed investment1,6541,7031,7161,7452,2052,4972,4862,398
Construction1,1151,1621,1761,1601,2751,4451,4631,492
Machinery and equipment5395415405859301,0531,023906
Change in stocks861-3-1-301
Net exports of goods and services3,6523,4473,2343,3412,0021,0177151,444
Exports of goods and services7,6367,5817,4867,7757,0136,5776,2306,944
Imports of goods and services3,9844,1344,2514,4345,0105,5605,5155,500
Statistical discrepancy (residual to tally up)138-14515529341768497-62
Sources: Department of Economic Planning and Development (JPKE); CEIC Data Co. Ltd.
Sources: Department of Economic Planning and Development (JPKE); CEIC Data Co. Ltd.
Table 8.Brunei Darussalam: Quarterly Real GDP by Expenditure, 2007–11(In millions of Brunei dollars, 2000 prices)
20072008200920102011
Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3
Gross domestic product (GDP)3,0802,8262,9403,1402,9092,6922,9113,2422,8292,5722,8263,3202,9402,7412,9103,2563,0202,8052,982
Domestic demand2,2782,3142,5432,5082,2292,3742,7312,6362,5192,4022,7082,7062,3512,5362,7922,7862,2962,4202,871
Consumption1,7761,8741,8831,9071,6321,8821,9931,9691,8111,9072,0912,0401,7991,9912,1552,1221,7131,9142,198
Personal consumption expenditure8381,0379978168141,0411,0528468891,0681,0828929021,0961,1019139361,1001,128
Government consumption expenditure9388378861,0918188409411,1239238391,0091,1488978951,0541,2097768131,069
Gross capital formation503440660601597492737667708495617667552545638664584506673
Gross fixed investment502440661602598493738667707495617667552544637664584506673
Construction273254359389384273370418393278369423383301372435394288386
Machinery and equipment229186302213215220368250314217248243169243265229189218286
Change in stocks10-1-1-1-1-1000000000000
Net exports of goods and services605496288613521282-14235777473282634885919969840810726
Exports of goods and services1,7731,6941,7201,8271,7251,5291,5701,7521,6701,3321,5521,6761,7351,4781,6472,0851,7881,5381,714
Imports of goods and services1,1681,1981,4311,2141,2041,2481,7121,3961,5941,2851,2241,4131,2461,4191,4481,3881,3801,4311,688
Statistical discrepancy (residual to tally up)197161081915936322250233124-210350101146-82-22731627885
Sources: Department of Economic Planning and Development (JPKE); CEIC Data Co. Ltd.
Sources: Department of Economic Planning and Development (JPKE); CEIC Data Co. Ltd.
Table 9.Brunei Darussalam: Oil and Gas Production and Sales, 2003–11
200320042005200620072008200920102011
(In thousands of barrels per day)
Oil Production207206201219194174167170161
Crude petroleum193189186204179160154158148
Natural gas liquids141714161514131213
Number of wells (end of year)722758729738823807801818803
(In billions of cubic meters per year)
Gas production12.7512.5612.2812.9912.5412.4311.7612.4612.95
Export volumes
Oil (kbbl per day)199196193207173153148155150
LNG (trillion btu)370365357377364366336341356
Average export prices
Crude oil (US$/ barrel)30.5241.7257.7269.4479.09100.9964.4279.27116.19
LNG (US$/ MMBtu) 1/4.554.915.675.916.3012.9210.4611.6416.49
Source: Petroleum Unit, Prime Minister’s Office.

LNG data for 2008–11 are provisional.

Source: Petroleum Unit, Prime Minister’s Office.

LNG data for 2008–11 are provisional.

Table 10.Brunei Darussalam: Government Sector Employment by Grade, 2003–10
20032004200520062007200820092010
(Number of persons)
Total government employees41,50542,19143,46943,51544,77746,09146,75747,419
Division I: Heads of department/section640662711788809903939964
Division II: Senior officers6,1656,7597,3517,6158,1768,6078,7419,058
Division III: Supervisory10,26910,26610,20610,16710,62010,82811,30711,496
Division IV: Clerical and operators11,65111,57111,81811,61711,73411,99612,08712,246
Division V: Clerical and operators12,78012,93313,38313,32813,43813,75713,68313,655
(In percent of total)
Division I: Heads of department/section1.51.61.61.81.82.02.02.0
Division II: Senior officers14.916.016.917.518.318.718.719.1
Division III: Supervisory24.724.323.523.423.723.524.224.2
Division IV: Clerical and operators28.127.427.226.726.226.025.925.8
Division V: Clerical and operators30.830.730.830.630.029.829.328.8
(Percent change)
Total government employees1.11.73.00.12.92.91.41.4
Source: Department of Economic Planning and Development (JPKE).
Source: Department of Economic Planning and Development (JPKE).
Table 11.Brunei Darussalam: Private Sector Employment by Industry and Residency Status, 2009
IndustryTotal

Employees
Employees as

Percentage of

Total Employment

(In percent)
Citizens and

Permanent

Residents
Temporary

Residents
Agriculture, forestry, and fishery4,9554.11,2853,670
Production of oil and liquified natural gas6,1545.14,2371,917
Sawmiling and timber processing7960.7131665
Other mining, quarrying, and manufacturing13,02010.72,92910,091
Construction33,59127.73,90629,685
Wholesale and retail trade21,09117.48,38212,709
Coffee shops, restaurants, and hotels11,9349.83,6028,332
Transport, storage, and communication6,1065.02,8163,290
Financial, insurance, and business services9,7288.06,7772,951
Other community, social, and personal services activities13,78311.44,9608,823
Total private sector employment (all Industries)121,158100.039,02582,133
Source: Labor Department, Annual Census on Employers and Employees 2009, Ministry of Home Affairs.
Source: Labor Department, Annual Census on Employers and Employees 2009, Ministry of Home Affairs.
Table 12.Brunei Darussalam: Consumer Price Index, 2007–11(January 2005=100; percent change)
Weights

(In percent)
20072008200920102011
All groups100.0101.2103.3104.4104.8106.9
1.02.11.00.42.0
Food and non-alcoholic beverages19.1102.2106.4108.9110.0113.8
2.54.12.31.03.5
Tobacco0.4103.3103.4103.6127.5246.6
3.30.10.223.093.4
Clothing and footwear4.3103.7102.3103.7102.7104.8
-0.6-1.31.3-0.92.1
Housing, water, electricity, gas, and other fuels10.7100.1100.499.899.9101.1
0.00.3-0.60.11.3
Furnishings, household equipment, and routine household maintenance10.3100.8103.0106.4106.1106.2
1.42.23.3-0.20.1
Health0.9103.2103.2103.8105.8104.6
-3.00.00.61.9-1.1
Transport22.5100.6104.1104.0104.2105.1
0.53.4-0.10.20.9
Communication6.496.996.495.495.797.9
-0.3-0.5-1.10.32.3
Recreation and culture7.4101.3104.1104.5103.4103.1
1.02.80.3-1.0-0.3
Education5.7100.9101.5101.5101.9100.5
1.00.60.00.3-1.4
Restaurants and hotels7.2100.7102.0105.0105.7106.0
0.71.22.90.70.3
Miscellaneous goods and services5.3106.3107.0109.0109.7116.7
2.40.71.80.76.4
Source: Brunei Darussalam Statistical Yearbook, Department of Economic Planning and Development (JPKE).
Source: Brunei Darussalam Statistical Yearbook, Department of Economic Planning and Development (JPKE).
Table 13.Brunei Darussalam: Composition of Government Revenue, 2003/04–2010/11 1/(In millions of Brunei dollars)
2003/042004/052005/062006/072007/082007/082008/092008/092009/102009/102010/11
BudgetOutturn ActualBudgetOutturn ActualBudgetOutturn ActualBudget
Total revenue6,3696,4048,4849,3105,76710,0425,60211,3784,0006,3934,631
Tax revenue3,4263,6855,2415,5753,0056,3453,2757,4342,5123,7392,841
Taxes on net income and profits3,2833,5635,0995,4522,8696,1763,1377,2752,3673,5792,685
Corporate taxes3,2783,5605,0955,4472,8656,1693,1327,2712,3623,5732,680
Oil and gas production companies3,1513,4394,9805,3002,7656,0292,9877,1052,2173,3262,530
Other companies127121116147100140145165145247150
Individuals (estate duty)10010010111
Stamp duty43444644454
Taxes on international trade127108125104119151120140126141137
Motor vehicles tax7062645064686476646770
Tobacco2521222222232221222222
Others3225393333603443405245
Export taxes00000000000
Taxes on goods and services1614161817191919191919
Licenses1614161817191919191919
Financial companies11122221212
Road tax0000991010101110
Brunei International Financial Center00003554544
Others151315164333333
Nontax revenue2,9432,7193,2433,7352,7623,6962,3273,9441,4882,6541,790
Property income2,5692,4192,8803,4652,4503,2352,0363,6691,1682,3591,476
Oil sector2,3982,3762,7963,3022,4022,8121,9113,4461,0172,2641,324
Oil and gas royalties6346628549429009926071,089400727593
Dividend paid by oil companies1,7641,7141,9412,3601,5021,8201,3042,3566171,537731
Other17143841634842212522315195152
Other royalties21122122222
Rent and interest23255290273778817511469113
Others14617317119443646362437
Administrative fees and charges on sales of goods and fines370297361267309458287271315291309
Telecom and utilities267217275159219343180154195168188
Other103798610990114108117120123121
Other nontax revenue43333444545
Memorandum items:
Oil and gas sector revenue5,5505,8157,7758,6025,1678,8414,89810,5513,2345,5903,854
Non-oil revenue8205897097086001,200704827766803777
Oil and gas as a percent of total revenue8791929290888793818783
Sources: Data provided by the Brunei authorities; and Fund staff estimates.

From 2004, Brunei’s fiscal year changed from a calendar year to April–March. 2003/04 financial year is from January 2003 to March 2004.

Sources: Data provided by the Brunei authorities; and Fund staff estimates.

From 2004, Brunei’s fiscal year changed from a calendar year to April–March. 2003/04 financial year is from January 2003 to March 2004.

Table 14.Brunei Darussalam: Composition of Quarterly Government Revenue, 2006/07–2010/11(In millions of Brunei dollars)
2006/072007/082008/092009/102010/11
Jun.Sep.Dec.Mar.Jun.Sep.Dec.Mar.Jun.Sep.Dec.Mar.Jun.Sep.Dec.Mar.Jun.Sep.Dec.
Total revenue2,5112,6032,2611,9352,0752,2812,4823,2032,7783,8792,3492,3711,4611,5161,3022,1131,9901,8922,185
Tax revenue1,6281,6511,3319651,2971,5481,7211,7801,8232,7111,6511,2487511,0567751,1571,3571,2661,492
Taxes on net income and profits1,6001,6271,2979281,2401,5121,6821,7421,7882,6701,6121,2067161,0127351,1161,3131,2161,452
Corporate taxes1,5991,6261,2969261,2371,5111,6811,7411,7862,6681,6111,2057151,0107331,1141,3121,2141,450
Oil and gas production companies1,5541,6081,2708681,1651,4461,6791,7391,7292,5881,5981,1916059596541,1081,0941,1261,398
Other companies4518265872652257811314110527962188852
Individuals (estate duty)0000000000000010000
Stamp duty1111311111111212121
Taxes on international trade24213029533134333336343731393536394535
Motor vehicles tax1191713161716191819182113211518212517
Tobacco5548656654656565654
Others8798319128912101112131313121513
Taxes on goods and services3348446535454565456
Licenses3348446535454565456
Financial companies0011001000100010001
Road tax222323233333333
Brunei International Financial Center111111111111111
Others3337111101111111111
Nontax revenue8839529309707787347611,4249551,1686981,123709460527957634626693
Property income8168968638897056687011,1618901,1036291,047642389452875561551622
Oil sector7948648288176846565489248781,071618879630379445810525544615
Oil and gas royalties249263225205207233267285278359250202156171185215193219231
Dividend paid by oil companies545601603611477423281639599712368677474208260595332325384
Other22323573211215223713311116812107663677
Other royalties000100000010000200
Rent and interest1620243011714921055815844457333
Others613104210542682621086383144
Administrative fees and charges on sales of goods and fines665566807264592626464687566707581727470
Telecom and utilities473739363740332333336404538404050384039
Other19182844352426293028283027303431333431
Other nontax revenue1111111111111111111
Memorandum items:
Oil and gas sector revenue2,3482,4722,0981,6851,8492,1022,2272,6632,6063,6592,2162,0701,2351,3381,0991,9171,6191,6712,014
Non-oil revenue163131163250226179255540172220133302225179203196371221172
Oil and gas as a percent of total revenue93959387899290839494948785888491818892
Sources: Data provided by the Brunei authorities; and Fund staff estimates.
Sources: Data provided by the Brunei authorities; and Fund staff estimates.
Table 15.Brunei Darussalam: Composition of Government Expenditure and Budget Balance, 2003/04–2011/12(In millions of Brunei dollars)
2003/042004/052005/062006/072007/082007/082008/092008/092009/102009/102010/112010/112011/12
BudgetOutturn ActualBudgetOutturn ActualBudgetOutturn ActualBudgetOutturn ActualBudget
Total expenditure5,7474,9375,1535,7705,3006,0205,4555,9755,6556,6395,6556,3515,800
Current4,5964,0484,1264,4973,8144,8783,9074,9574,0134,6854,0744,9844,184
Wages and salaries1,7851,4401,4961,6061,7381,6831,7711,7181,7871,7501,8191,8141,860
Other charges annually recurrent1,7511,3891,4311,5381,4061,7761,4671,6891,5561,7221,5861,7851,654
Charged1,0601,2191,1991,3536691,4196691,5496691,2136691,385669
Pensions288249270292259325259350259373259382259
Royalties payments6738948339473109923001,084300716300878300
Others987597114101102110116110124110124110
Capital1,1518891,0261,2731,4871,1421,5481,0181,6421,9541,5811,3671,616
Other charges special expenditure7655095386025875344984235921,057531496566
Development expenditure3603554886719006081,0505951,0508971,0508711,050
Investment in public enterprises262500000000000
Other0000000000000
Government trust fund outlays0000000000000
Capital and currency adjustment0000000000000
Total revenue6,3696,4048,4849,3105,76710,0425,60211,3784,0006,3934,6319,1665,899
Total expenditure5,7474,9375,1535,7705,3006,0205,4555,9755,6556,6395,6556,3515,800
Primary budget surplus6221,4673,3313,5404664,0211475,403-1,655-246-1,0252,81599
Total revenue, excluding royalties5,7355,7437,6308,3684,8679,0494,99510,2893,6005,6664,0388,265
Total expenditure, excluding royalties5,0744,0424,3204,8234,9905,0285,1554,8915,3555,9235,3555,4735,500
Primary budget surplus, excluding royalties6611,7003,3103,546-1244,021-1605,398-1,755-257-1,3182,792
Non-oil revenue 1/8205897097086001,2007048277668037771,077725
Non-oil expenditure 2/5,0744,0424,3204,8234,9905,0285,1554,8915,3555,9235,3555,4735,500
Non-oil primary balance-4,254-3,453-3,611-4,115-4,391-3,827-4,451-4,064-4,589-5,120-4,578-4,396-4,775
Sources: Data provided by the Brunei authorities; and Fund staff estimates.

Excludes energy sector corporate taxes, royalties, and dividends.

Excludes disbursements of royalties.

Sources: Data provided by the Brunei authorities; and Fund staff estimates.

Excludes energy sector corporate taxes, royalties, and dividends.

Excludes disbursements of royalties.

Table 16.Brunei Darussalam: Composition of Quarterly Government Expenditure and Budget Balance, 2006/07–2011/12(In millions of Brunei dollars)
2006/072007/082008/092009/102010/112011/12
Jun.Sep.Dec.Mar.Jun.Sep.Dec.Mar.Jun.Sep.Dec.Mar.Jun.Sep.Dec.Mar.Jun.Sep.Dec.Mar.Jun.Sep.Dec.
Total expenditure1,1821,2521,3391,9981,1841,4371,3792,0191,2111,4281,4831,8361,0581,6191,5132,4491,2871,3391,6872,0391,2061,2482,093
Current1,0371,0521,0611,3481,0301,0761,1881,5841,0791,2321,2311,3989241,1571,2071,3971,0831,1541,2501,4979129221,670
Wages and salaries350376388492388384511400392400517409390406529425409436526444421424565
Other charges annually recurrent352341351494333349327767304367364654276452378616366370372677369369399
Charged336334322362309342350417383465350335258299300356308349352377122129706
Pensions67687779848071908688769984107909395979496102106100
Royalties payments23924621524620722825929827835925019615616618520919321423124100583
Others3020303718342029181824401926255419382740202424
Capital1452002786501543621914351321972514381344623061,052204185437542293326424
Other charges special expenditure69518439846228611993758772506521913763794181832015666117
Development expenditure761491942521081341302379413917418869244169415109167255341238260307
Investment in public enterprises
Total revenue2,5112,6032,2611,9352,0752,2812,4823,2032,7783,8792,3492,3711,4611,5161,3022,1131,9901,8922,1853,0992,7603,3693,301
Total expenditure1,1821,2521,3391,9981,1841,4371,3792,0191,2111,4281,4831,8361,0581,6191,5132,4491,2871,3391,6872,0391,2061,2482,093
Primary budget surplus1,3451,398899-101-7515359553,283-7304,745865523403-103-211-3367165595011,0381,5552,1201,207
Total revenue, excluding royalties2,2782,3852,0141,6914261,7612,1054,7584715,5492,1002,1691,3051,3451,1181,8981,8091,6791,9582,8192,4893,0522,985
Total expenditure, excluding royalties9431,0041,1241,7519771,2091,1201,7219341,0711,2341,6529021,4541,3282,2401,0931,1251,4571,7981,2061,2481,511
Primary budget surplus, excluding royalties1,3351,381890-60-5515529853,037-4634,478866518403-109-211-3417165545011,0211,2831,8031,474
Non-oil revenue 1/201213141153226179255540172219134301225179203196301227175373322192218
Non-oil expenditure 2/9431,0041,1241,7519771,2091,1201,7219341,0711,2341,6529021,4541,3282,2401,0931,1251,4571,7981,2061,2481,511
Non-oil primary balance-742-791-983-1,598-751-1,030-864-1,181-762-852-1,100-1,351-676-1,275-1,125-2,044-792-898-1,281-1,425-884-1,056-1,292
Sources: Data provided by the Brunei authorities; and Fund staff estimates.

Excludes energy sector corporate taxes, royalties, and dividends.

Excludes disbursements of royalties.

Sources: Data provided by the Brunei authorities; and Fund staff estimates.

Excludes energy sector corporate taxes, royalties, and dividends.

Excludes disbursements of royalties.

Table 17.Brunei Darussalam: Central Bank Survey, 2005–11 1/
2005200620072008200920102011
Mar.Jun.Sep.Dec.Mar.Jun.
(In millions of Brunei dollars; end of period)
Net foreign assets8307449631,0801,4501,4161,4471,5101,5601,6881,680
Claims on nonresidents8548209981,1151,9381,8991,9091,9732,0072,1482,155
Foreign exchange7187059011,0231,3991,3791,4031,4721,9782,1192,116
Reserve position in the Fund7757333030292828272728
SDR holdings24262728476461448444429429450
Other3632363433292929292939
Liabilities to nonresidents24763535488483462463447460475
Net domestic assets583651494671268302305269294713790
Net claims on central government-306-293-306-271-268-270-268-268-267-166-175
Claims on central government0.330.600.510.650.860.800.800.810.830.830.77
Central government deposits306294307271269270269269268167176
Claims on other depository corporations888944801942537572573537561879965
Shares and other equity-122-69-88-79-114-135-152-162-129-739-743
Other items (net)8768902020181919191815
Monetary base1,3771,3951,4591,6911,6241,5991,6181,6351,7441,6811,743
Currency in circulation7057408499229559489389401,024950942
Liabilities to other depository corporations672655610769670651680695720731800
Memorandum items:
Monetary base (annual growth, in percent)1516-4117-44
Claims to nonresidents/monetary base (in percent)62596866119119118121115128124
BCMB net external asset ratio 2/11111112222
Prime lending rate (end of period)5.55.55.55.55.55.55.55.55.55.55.5
Brunei dollars per U.S. dollar (end of period)1.661.531.441.441.401.401.401.321.291.261.23
Source: IMF, International Financial Statistics.

Autoriti Monetari Brunei Darussalam (AMBD) was established on January 1, 2011; prior to 2011 reflect Brunei Currency and Monetary Board Survey data.

Ratio of foreign exchange holding to currency.

Source: IMF, International Financial Statistics.

Autoriti Monetari Brunei Darussalam (AMBD) was established on January 1, 2011; prior to 2011 reflect Brunei Currency and Monetary Board Survey data.

Ratio of foreign exchange holding to currency.

Table 18.Brunei Darussalam: Other Depository Corporations Survey, 2005–11
2005200620072008200920102011
Mar.Jun.Sep.Dec.Mar.Jun.Sep.
(In millions of Brunei dollars; end of period)
Net foreign assets7,7936,8867,1799,4687,1288,8299,0189,4029,38010,56011,08912,535
Claims on nonresidents8,2917,4187,6919,8477,5429,2879,4009,7899,80610,85011,35012,742
Liabilities to nonresidents498532512379414459382387426290262207
Claims on central bank7747947619558428238428689238859541,039
Net claims on central government-4,510-3,125-3,270-5,105-1,713-1,283-1,495-2,499-2,480-2,731-2,642-4,160
Claims on central government5018012920328812721621320965299352
Central government deposits4,5603,3053,3995,3082,0011,4111,7102,7132,6882,7962,9414,512
Claims on other sectors6,4636,3957,0057,2296,9846,9497,0527,1146,9437,0016,6056,635
Claims on private sector6,3926,3356,8827,1376,9206,8706,9877,0596,8386,8096,4746,518
Claims on public nonfinancial corporations7160123926361473685743622
Claims on other financial corporations0.000.000.000.050.1018.3818.2318.2419.86117.9694.9194.85
Liabilities to central bank858936771920484554585549533390476592
Demand deposits included in broad money2,9753,3213,1543,6474,6072,3602,9622,7452,9933,1423,0702,917
Other deposits included in broad money5,5845,3926,1326,5536,6059,9889,2358,9568,7569,5069,8179,869
Securities other than shares included in broad money3.141.590.521.091.080.000.000.000.000.000.000.00
Shares and other equity9741,1511,5721,7051,9041,8611,9691,9141,9321,9732,0192,041
Other items (net)12714846-280-361555666719552704624629
Memorandum items:
Net foreign assets (annual growth, in percent)9.8-11.64.331.9-24.7-4.526.836.431.619.623.033.3
Claims on private sector (annual growth, in percent)3.5-0.77.43.3-2.2-3.3-1.9-1.1-1.2-0.7-5.5-5.5
Prime lending rate (end of period)5.55.55.55.55.55.55.55.55.55.55.55.5
Brunei dollars per U.S. dollar (end of period)1.661.531.441.441.401.401.401.321.291.261.231.30
Source: IMF, International Financial Statistics.Note: A new call report form for Other Depository Corporations was introduced in 2010 resulting in significant differences in some series.
Source: IMF, International Financial Statistics.Note: A new call report form for Other Depository Corporations was introduced in 2010 resulting in significant differences in some series.
Table 19.Brunei Darussalam: Depository Corporations Survey, 2005–11
200520062007200820092010 1/2011
Mar.Jun.Sep.Dec.Mar.Jun.
(In millions of Brunei dollars; end of period)
Net foreign assets8,6237,6308,14210,5488,57710,24410,46510,91210,94012,24812,769
Claims on nonresidents9,1458,2388,68910,9629,48011,18611,30911,76212,27113,45913,956
Liabilities to nonresidents522608547414902941844850873753736
Domestic claims1,6472,9773,4281,8535,0025,3965,2894,3464,1974,1043,788
Net claims on central government-4,816-3,418-3,577-5,376-1,981-1,553-1,763-2,767-2,746-2,897-2,817
Claims on central government50.47180.77129.69203.47289.06128.13216.53214.05209.4665.76299.80
Central government deposits4,8663,5993,7065,5792,2701,6811,9792,9822,9562,9633,117
Claims on other sectors6,4636,3957,0057,2296,9846,9497,0527,1146,9437,0016,605
Claims on private sector6,3926,3356,8827,1376,9206,8706,9877,0596,8386,8096,474
Claims on public nonfinancial corporations70.759.8122.792.063.360.646.736.284.774.136.0
Claims on other financial corporations0.000.000.000.050.1018.3818.2318.2419.86117.9694.91
Broad money liabilities9,1629,3569,98410,94011,99613,12612,97312,47012,57313,44413,676
Currency outside depository corp.601641697739784778776768824796.19788.43
Transferable deposits2,9753,3213,1543,6474,6072,3602,9622,7452,9933,1423,070
Other deposits5,5845,3926,1326,5536,6059,9889,2358,9568,7569,5069,817
Securities other than shares3.141.590.521.091.080.000.000.000.000.000.00
Shares and other equity1,0961,2191,6601,7842,0191,9952,1222,0762,0612,7112,763
Other items (net)1232-74-324-435519660711503197119
Memorandum items:
Prime lending rate (end of period)5.55.55.55.55.55.55.55.55.55.55.5
Brunei dollars per U.S. dollar (end of period)1.661.531.441.441.401.401.401.321.291.261.23
Source: IMF, International Financial Statistics.

A new call report form for Other Depository Corporations was introduced in 2010 resulting in significant differences in some series.

Source: IMF, International Financial Statistics.

A new call report form for Other Depository Corporations was introduced in 2010 resulting in significant differences in some series.

Table 20.Brunei Darussalam: Direction of Loans by Commercial Banks, 2005–11
2005200620072008200920102011
Mar.Jun.Sep.
(In millions of Brunei dollars; end of period)
Total loans5,9325,8196,0366,1135,5775,1745,1274,7134,834
Agricultural353031372820232525
Construction501555495503446283263279276
Credit and finance142244293322845166
General commerce533521561603590598650673698
Manufacturing164180179146149154146156153
Personal loans4,0783,8343,6753,6353,4973,3393,2893,2433,239
Mortgages7418201,0141,1901,0381,2281,2561,2741,324
Other3,3373,0142,6612,4452,4592,1122,0331,9691,914
Professional services688179909358444444
Transport5395969721,070741720686248234
(In percent of total loans)
Total loans100.0100.0100.0100.0100.0100.0100.0100.0100.0
Agricultural0.60.50.50.60.50.40.40.50.5
Construction8.49.58.28.28.05.55.15.95.7
Credit and finance0.20.40.70.50.60.00.51.03.4
General commerce9.09.09.39.910.611.612.714.314.4
Manufacturing2.83.13.02.42.73.02.83.33.2
Personal loans68.765.960.959.562.764.564.168.867.0
Mortgages12.514.116.819.518.623.724.527.027.4
Other56.351.844.140.044.140.839.641.839.6
Professional services1.11.41.31.51.71.10.90.90.9
Transport9.110.216.117.513.313.913.45.34.8
(Annual percentage change)
Total loans6.4-1.93.71.3-9.6-7.2-12.3-11.9-9.4
Agricultural2.9-14.33.319.4-32.1-29.7-18.3-5.4-10.0
Construction1.010.8-10.81.6-12.8-36.6-40.615.61.9
Credit and finance27.357.1100.0-34.112.1-93.4-9.81494.45467.7
General commerce5.8-2.37.77.5-2.21.39.65.111.5
Manufacturing45.19.8-0.6-18.42.03.41.2-3.5-3.6
Personal loans-2.1-6.0-4.1-1.1-3.9-4.5-4.3-6.4-6.0
Mortgages65.010.723.717.4-14.618.321.013.112.4
Other-10.2-9.7-11.7-8.10.6-14.1-15.2-15.8-15.6
Professional services54.519.1-2.513.93.2-37.1-54.2-50.5-37.9
Transport160.410.663.110.1-44.4-2.8-36.3-65.6-68.1
Source: Autoriti Monetari Brunei Darussalam.
Source: Autoriti Monetari Brunei Darussalam.
Table 21.Brunei Darussalam: Financial Soundness Indicators, 2008–11
2008200920102011
Dec.Mar.Jun.Sep.Dec.Mar.Jun.Sep.Dec.Mar.Jun.Sep.
(Average all banks, in percent)
Capital adequacy
Regulatory capital to risk-weighted assets14.014.415.815.418.017.918.718.621.119.220.119.4
Regulatory tier 1 capital to risk-weighted assets13.813.915.615.218.918.819.719.721.519.820.420.0
Asset quality
Gross nonperforming ratio 1/2/8.49.09.19.811.210.810.610.28.513.89.69.0
Net nonperforming ratio 2/1.62.12.22.73.42.92.82.52.98.03.32.7
Nonperforming loans net of provisions to capital 2/6.57.98.19.912.09.08.47.88.423.08.47.2
Sectoral distribution of loans to total loans
Personal Loans40.039.739.038.244.143.742.540.840.839.641.839.6
Mortgage19.519.919.920.318.621.122.123.723.724.527.027.4
Transportation17.518.017.617.713.313.513.813.913.913.45.34.8
General commerce9.99.69.89.710.612.011.711.611.612.714.314.4
Construction8.27.78.28.58.04.55.15.55.55.15.95.7
Manufacturing2.42.52.92.92.73.03.03.03.02.83.33.2
Professional services1.51.51.51.51.71.71.31.11.10.90.90.9
Agriculture0.60.60.60.60.50.50.50.40.40.40.50.5
Credit & financial0.50.50.50.50.60.10.10.00.00.51.03.4
Earnings and profitability
Return on assets, before tax1.51.71.61.71.51.61.71.71.51.31.41.2
Return on equity, after tax13.020.218.416.413.312.913.613.610.711.212.58.4
Interest margin to gross income60.465.266.366.162.565.066.566.363.365.065.368.5
Non-interest expenses to gross income37.935.638.440.147.148.246.245.849.351.748.552.6
Liquidity
Liquid assets to total assets (liquid asset ratio)59.357.552.251.660.758.959.758.357.360.062.663.3
Liquid assets to short-term liabilities (demand and savings deposits)186.8162.3128.9130.4149.3160.0149.5146.4128.1147.1159.6155.9
Sensitivity to market risk 3/
Net open position in foreign exchange to capital-37.920.113.516.016.220.3
Source: Autoriti Monetari Brunei Darussalam.

The calculation of NPL ratio is based on the Financial Soundness Indicators Compilation Guide (page 183, Appendix II, paragraph 22). Accrued interest on NPA is excluded from both the numerator and denominator.

Ratios are much higher in end-March 2011 due to a corporate loan that has surpassed the 90-day tenor as of March 2011. This loan has been settled subsequently.

… indicates that data are not available.

Source: Autoriti Monetari Brunei Darussalam.

The calculation of NPL ratio is based on the Financial Soundness Indicators Compilation Guide (page 183, Appendix II, paragraph 22). Accrued interest on NPA is excluded from both the numerator and denominator.

Ratios are much higher in end-March 2011 due to a corporate loan that has surpassed the 90-day tenor as of March 2011. This loan has been settled subsequently.

… indicates that data are not available.

Table 22.Brunei Darussalam: Financial Soundness Indicators by Type, 2011 1/
All banksDomestic banksForeign banksIslamic banksConventional banks
Capital Adequacy
Regulatory Capital to Risk-weighted Assets19.422.014.924.714.4
Regulatory Tier 1 Capital to Risk-weighted Assets20.022.515.724.915.4
Asset Quality
Gross Non-Performing Ratio9.012.32.913.15.1
Net Non-Performing Ratio2.73.51.34.01.6
Non-Performing Loans net of Provisions to Capital7.28.44.18.25.5
Profitability
Return on Assets, Before Tax1.21.41.01.41.1
Return on Equity, After Tax8.49.46.18.48.6
Interest Margin to Gross Income68.576.357.389.055.3
Non-interest Expenses to Gross Income, net of International expenses and provisions52.650.855.147.056.3
Liquidity
Liquid Assets to Total Assets (liquid asset ratio)63.356.770.855.168.5
Liquid assets to short-term liabilities (Demand and Savings Deposits)155.9159.4152.9134.7169.3
Sensitivity to Market Risk
Net Open Position in Foreign Exchange to Capital Fund20.322.814.226.311.2
Source: Autoriti Monetari Brunei Darussalam.

As of end-September 2011.

Source: Autoriti Monetari Brunei Darussalam.

As of end-September 2011.

Table 23.Brunei Darussalam: Sukuk Issuance and Amount Outstanding, 2006–11(In millions of Brunei dollars)
200620072008200920102011
Total Issuance for the Year570450374617649991
Amount Outstanding120140213192208496
Source: Autoriti Monetari Brunei Darussalam.
Source: Autoriti Monetari Brunei Darussalam.
Table 24.Brunei Darussalam: Balance of Payments, 2004–10(In millions of U.S. dollars; unless otherwise indicated)
2004200520062007200820092010
Current account balance 1/3,3254,5075,7525,8577,0564,3105,623
In percent of GDP42.247.350.147.849.040.245.5
Trade balance3,7314,8296,0395,7007,8404,8896,439
Exports5,0696,2417,6277,69210,6987,1728,770
Oil and gas4,6365,8787,3467,39610,3316,8788,472
Other433363281295367294298
Imports1,3381,4121,5881,9922,8582,2822,331
Services (net)-531-494-469-503-535-519-558
Receipts5446167458138679151,054
Payments1,0761,1101,2141,3171,4031,4341,612
Income (net)4795485881,091171385217
Receipts 1/1,1721,2571,4911,6941,3551,1471,139
Payments 1/6937099036041,184762921
Current transfers (net)-354-376-405-430-420-445-475
Receipts0000000
Payments354376405430420445475
Capital and financial account balance-2,516-1,084-612-267287448714
Capital account balance (net)-11-8-7-7-8-11-11
Financial account balance-2,504-1,076-605-259295459725
Direct investment (net)155175105258222326631
Portfolio investment (net)-4522-9035888139155
Other investment (net) 1/2/-2,614-1,273-620-875-15-6-61
Errors and omissions 3/-795-3,420-5,118-5,436-7,259-4,152-6,131
Overall balance1432215484606206
Gross official reserves 4/4894925146677511,3571,563
In months of next year’s imports2.32.11.91.92.44.14.3
Memorandum items:
Exchange rates
Brunei dollars per U.S. dollar (period average)1.691.661.591.511.421.451.36
Nominal effective exchange rates (2005=100)99.2101.0103.3104.7106.1108.2111.9
Real effective exchange rates (2005=100)100.0100.2100.099.6100.5101.8103.2
Nominal GDP (in millions of U.S. dollars)7,8729,53111,47112,24814,39310,73312,371
Sources: Data provided by the Brunei authorities; and Fund staff estimates.

Based on Fund staff estimates.

Includes changes in banks’ net foreign assets.

The large scale of errors and omissions reflects the lack of comprehensive balance of payments data.

Includes Brunei Currency and Monetary Board’s foreign exchange assets, SDR holdings, and reserve position in the Fund.

Sources: Data provided by the Brunei authorities; and Fund staff estimates.

Based on Fund staff estimates.

Includes changes in banks’ net foreign assets.

The large scale of errors and omissions reflects the lack of comprehensive balance of payments data.

Includes Brunei Currency and Monetary Board’s foreign exchange assets, SDR holdings, and reserve position in the Fund.

Table 25.Brunei Darussalam: Quarterly Balance of Payments, 2009–11(In millions of U.S. dollars; unless otherwise indicated)
200920102011
Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3
Current account balance1,3437029401,1401,3971,1201,4112,1141,9621,8412,294
Trade balance1,5849341,1841,3891,6091,3341,6651,7702,2372,1312,584
Exports2,0711,4591,6701,9822,1381,9762,2812,3742,8352,7893,404
Oil and gas2,0101,3641,5921,9212,0461,8822,1822,3622,6772,6753,253
Other6194786092949912158114151
Imports487524486593529643616604598658820
Services (net)-130-126-131-132-137-135-138-148-150-160-157
Receipts203227237247249252267286297310306
Payments333353368379385387406434447470463
Income (net)43039555544
Receipts6567707373747782858789
Payments6164706964697278808385
Current transfers (net)-2-3-3-3-3-3-30-130-134-137
Receipts00000000000
Payments23333330130134137
Capital and financial account balance901231141097275-21-30-154-37-220
Capital account balance (net)-2-3-3-3-3-3-30-4-4-4
Financial account balance931261171127578-18-30-150-33-216
Direct investment (net)-105-71-58-86-122-126-178-205-305-219-394
Portfolio investment (net)3834313538403740394242
Other investment (net)160163143163158164123135116144137
Errors and omissions-1,433-825-1,053-1,249-1,469-1,196-1,390-2,084-1,809-1,804-2,074
Overall balance00000000000
Source: Department of Economic Planning and Development (JPKE).
Source: Department of Economic Planning and Development (JPKE).
Table 26.Brunei Darussalam: Private Investment by Sector, 2003–11(In millions of Brunei dollars)
200320042005200620072008200920102011

H1
Total6,1757608691,7255297927801,4161,079
Local4304133871,035137325240563416
Foreign5,746348482690392467540853663
Source: Department of Economic Planning and Development (JPKE).
Source: Department of Economic Planning and Development (JPKE).
Table 27.Brunei Darussalam: Foreign Direct Investment, 2003–11(In millions of Brunei dollars)
200320042005200620072008200920102011

H1
Total5,746348482690392467540853663
Agriculture, Fishing, and Forestry200000000
Mining and Quarrying5,630237333560122301462658540
Manufacturing6268106112114163673712
Construction198552022115
Wholesale and Retail Trade142227910212089
Transport, Storage, and Communication106000041
Real Estate, Renting, and Business Activity14103322332
Financial Intermediation32001500142
Health and Social Work000000000
Other202000473
Source: Department of Economic Planning and Development (JPKE).
Source: Department of Economic Planning and Development (JPKE).
Table 28.Brunei Darussalam: Exports by Commodity, 2003–10
20032004200520062007200820092010
(In millions of Brunei dollars)
Total exports4,4215,0576,2497,6087,66810,4217,16912,118
Food and live animals22465313
Beverages and tobacco00000001
Crude material inedible367979520
Mineral fuels3,8764,6245,8867,3287,37310,1936,88811,530
Animal and vegetable oils and fats00000000
Chemicals3233344134
Manufactured goods5424241925283052
Machinery and transport equipment 1/2361401259410880152218
Miscellaneous manufactured articles2402501911381389878140
Other7991296919
(In percent of total exports)
Total exports100.0100.0100.0100.0100.0100.0100.0100.0
Food and live animals0.00.00.10.10.10.00.00.0
Beverages and tobacco0.00.00.00.00.00.00.00.0
Crude material inedible0.10.10.10.10.10.10.10.2
Mineral fuels87.791.494.296.396.297.896.195.2
Animal and vegetable oils and fats0.00.00.00.00.00.00.00.0
Chemicals0.10.00.00.00.00.00.11.1
Manufactured goods1.20.50.40.20.30.30.40.4
Machinery and transport equipment5.32.82.01.21.40.82.11.8
Miscellaneous manufactured articles5.44.93.11.81.80.91.11.2
Other0.20.20.10.20.10.10.10.2
Source: Brunei Darussalam Statistical Yearbook, Department of Economic Planning and Development.

Excludes re-exports from 2004.

Source: Brunei Darussalam Statistical Yearbook, Department of Economic Planning and Development.

Excludes re-exports from 2004.

Table 29.Brunei Darussalam: Value and Destination of Selected Exports, 2003–10 1/
20032004200520062007200820092010
(In millions of Brunei dollars)
Value of major exports
Petroleum3,7774,9136,5368,1587,6277,9494,9756,112
Crude petroleum3,7484,9136,5368,1587,6277,9494974.516,112
Petroleum products29
Natural gas2,9652,9143,2583,5143,4846,6675,0495,416
(In millions of U.S. dollars)
Petroleum2,1742,9023,9285,1225,0615,5443,418
Crude petroleum2,1572,9023,9285,1225,0615,5443,418
Petroleum products17
Natural gas1,7021,7221,9582,2062,3124,6503,470
(In millions of Brunei dollars)
Major exports by destination
Crude petroleum3,7484,9136,5368,1587,6277,9494,9756,112
Japan467664832598649479134450
Korea, Republic of5867501,0401,4201,1331,5198311,397
Philippines21432
Singapore311513410711195
Thailand72458928722715411320072
United States287293534655430
Petroleum products29
Japan
Korea, Republic of16
Singapore14
United States
Natural gas2,9652,9143,2583,5143,4846,6675,0495,416
Japan2,6842,5642,9833,1093,2155,9754,6754,804
Korea, Republic of259351275405269692374612
Other22-1000000
Source: Brunei Darussalam Statistical Yearbook, Department of Economic Planning and Development (JPKE).

… indicates that data are not available.

Source: Brunei Darussalam Statistical Yearbook, Department of Economic Planning and Development (JPKE).

… indicates that data are not available.

Table 30.Brunei Darussalam: Exports by Country of Destination, 2003–10(In millions of Brunei dollars)
20032004200520062007200820092010
ASEAN8928681,5321,8852,1532,5171,2291,505
Of which:
Indonesia1133161,1631,5101,8532,083772860
Malaysia1637058406130112180
Philippines11211150238
Singapore198132135190133174184342
Thailand41734917414410680138106
European Union1531201818141225
Of which:
France01111101
Germany44345216
United Kingdom9211310911614
Others3,5144,1584,6975,7055,4977,8855,92510,582
Of which:
Australia3705936039301,0511,0805241,251
Japan1,8111,9082,2932,3292,5654,5023,3055,267
Korea, Republic of4946507901,1469301,5428292,022
Taiwan Province of China04101126
United States343349466512386664519
Total4,4215,0576,2497,6087,66810,4167,16612,112
Source: Brunei Darussalam Statistical Yearbook, Department of Economic Planning and Development
Source: Brunei Darussalam Statistical Yearbook, Department of Economic Planning and Development
Table 31.Brunei Darussalam: Imports by Commodity, 2003–10
20032004200520062007200820092010
(In millions of Brunei dollars)
Total imports (c.i.f.)1,3271,4221,4911,6692,1012,5442,4003,349
Food and live animals200210259235270156290494
Beverages and tobacco2538414151275476
Crude material inedible14129141472442
Mineral fuels11112528452177176
Animal and vegetable oils and fats976797814
Chemicals10111313817515793192305
Manufactured goods341354367401457283537686
Machinery and transport equipments4684974785888704389501,159
Miscellaneous manufactured articles152174161173216100246367
Other66781152131
(In percent of total imports)
Total imports (c.i.f.)100.0100.0100.0100.0100.0100.0100.0100.0
Food and live animals15.114.817.414.112.96.112.114.7
Beverages and tobacco1.92.72.72.52.41.12.32.3
Crude material inedible1.10.80.60.90.70.31.01.2
Mineral fuels0.80.81.71.72.10.83.25.3
Animal and vegetable oils and fats0.70.50.40.40.40.30.30.4
Chemicals7.67.99.310.57.53.78.09.1
Manufactured goods25.724.924.624.021.811.122.420.5
Machinery and transport equipments35.335.032.135.241.417.239.634.6
Miscellaneous manufactured articles11.512.210.810.410.33.910.211.0
Other0.50.40.50.40.50.20.90.9
Source: Brunei Darussalam Statistical Yearbook, Department of Economic Planning and Development (JPKE).
Source: Brunei Darussalam Statistical Yearbook, Department of Economic Planning and Development (JPKE).
Table 32.Brunei Darussalam: Imports by Country of Origin, 2003–10(In millions of Brunei dollars)
20032004200520062007200820092010
ASEAN6296507597961,0411,2131,2431,696
Of which:
Indonesia3631344762685869
Malaysia269287364361398475465783
Philippines346671768
Singapore267262279290472520614650
Thailand5466769210413395179
European Union143172142172231264246351
Of which:
France2214111723254016
Germany43613340587558106
Italy911113617332928
Netherlands613111522211916
United Kingdom49535846786566149
Others5556005907018291,0258691,238
Of which:
Australia4040333335363767
China658894131158176140235
Hong Kong SAR8773505552652339
Japan133140136213178216214344
Korea, Republic of3140612834815176
Taiwan Province of China2021262843463964
United States153167145151268350312336
Total (c.i.f.)1,3271,4221,4911,6692,1012,5442,4003,349
Source: Brunei Darussalam Statistical Yearbook, Department of Economic Planning and Development (JPKE).
Source: Brunei Darussalam Statistical Yearbook, Department of Economic Planning and Development (JPKE).
Table 33.Brunei Darussalam: Energy Sector, 2003–11
200320042005200620072008200920102011
Domestic consumption of oil products
Gasoline (m3)268,762271,741276,411278,863291,767298,908298,848308,963322,852
Kerosene (m3)3,1123,7733,7904,4514,9084,2173,5854,4253,181
Diesel (m3)166,930172,454194,404218,330242,270254,919267,277293,238329,090
Domestic retail prices
ULG RON970.530.530.530.530.530.530.530.530.53
ULG RON920.520.520.520.520.520.520.520.520.52
ULG RON850.360.360.360.360.360.360.360.360.36
Kerosene (B$/liter)0.200.200.200.200.200.200.200.200.20
Diesel (B$/liter)0.310.310.310.310.310.310.310.310.31
Domestic natural gas consumption
Households (In millions of M3)292927303130282930
Industry 1/1,4821,6601,6831,6741,6271,5651,6511,7211,653
Electricity generation (in thousands of MMBTU)39,96041,77041,24540,79941,38640,93145,64946,91644,733
Dept of Electrical Services (in thousands)27,12327,74026,74026,13126,76326,58330,06131,40829,142
Berakas Power Company (in thousands)12,83714,02914,50514,66814,62314,34815,58815,50715,591
Electricity generation (GWh)3,1913,2643,2643,2983,3953,4233,6113,7923,723
Natural gas plants3,1653,2373,2353,2683,3623,3903,5753,7543,686
Diesel262729313333373837
Electricity consumption (GWh)2,7363,0782,9642,8793,0493,1453,2433,3283,389
Households8599081,1291,0661,1421,2071,2241,1811,202
Commercial777907670688725729726862927
Industrial602584546541556546562578527
Government498679620584626663731706734
Electricity tariffs: households (B$)
Less than 10 kWh0.250.250.250.250.250.250.250.250.25
Next 60 kWh0.150.150.150.150.150.150.150.150.15
Next 100 kWh0.100.100.100.100.100.100.100.100.10
All above 170 kWh0.050.050.050.050.050.050.050.050.05
Minimum charge2.002.002.002.002.002.002.002.002.00
Prepayment tariff on all use0.060.060.060.060.060.060.060.060.06
Electricity tariffs: commercial/industrial 2/
Less than 10 kWh0.20.20.20.20.20.20.20.20.2
Next 100 kWh0.070.070.070.070.070.070.070.070.07
Next 100 kWh0.060.060.060.060.060.060.060.060.06
All above 170 kWh0.050.050.050.050.050.050.050.050.05
Minimum charge2.002.002.002.002.002.002.002.002.00
Electricity tariffs: government0.100.100.100.100.100.100.100.100.10
Sources: Department of Economic Planning and Development (JPKE); and Petroleum Unit, Prime Minister’s Office.

Excludes gas consumed by BLNG and BMC.

First 10 units (KVA)=B$0.20/unit; next 100 units (KVA)=B$0.07/unit; next 100 units (KVA)=B$0.06/unit; remaining units=B$0.05/unit.

Sources: Department of Economic Planning and Development (JPKE); and Petroleum Unit, Prime Minister’s Office.

Excludes gas consumed by BLNG and BMC.

First 10 units (KVA)=B$0.20/unit; next 100 units (KVA)=B$0.07/unit; next 100 units (KVA)=B$0.06/unit; remaining units=B$0.05/unit.

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