Brunei recorded a Current Account surplus of 11.20 percent of the country's Gross Domestic Product in 2022. source: International Monetary Fund

Current Account to GDP in Brunei averaged 35.13 percent of GDP from 1985 until 2022, reaching an all time high of 76.00 percent of GDP in 1988 and a record low of 4.30 percent of GDP in 2020. This page provides - Brunei Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brunei Current Account to GDP - values, historical data and charts - was last updated on June of 2023.

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Brunei Current Account to GDP

Related Last Previous Unit Reference
Balance of Trade 374.20 704.20 BND Million Feb 2023
Current Account to GDP 11.20 4.60 percent of GDP Dec 2022
Current Account 2110.00 748.40 BND Million Dec 2021
Exports 1265.80 1586.60 Million BND Feb 2023
Imports 891.60 882.40 Million BND Feb 2023
Foreign Direct Investment 275.10 796.70 BND Million Dec 2021
Tourist Arrivals 62325.00 333244.00 Thousands Dec 2020

Brunei Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
11.20 4.60 76.00 4.30 1985 - 2022 percent of GDP Yearly