The Gross Domestic Product (GDP) in Brunei expanded 7.10 percent in the fourth quarter of 2019 over the same quarter of the previous year.
GDP Annual Growth Rate in Brunei averaged 0.40 percent from 2004 until 2019, reaching an all time high of 7.10 percent in the fourth quarter of 2019 and a record low of -8.10 percent in the fourth quarter of 2013. This page provides - Brunei GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brunei GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.
GDP Annual Growth Rate in Brunei is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Brunei to stand at 1.40 in 12 months time. In the long-term, the Brunei GDP Annual Growth Rate is projected to trend around 1.40 percent in 2021 and 2.50 percent in 2022, according to our econometric models.