395027
Malay (official), English, Chinese dialects
BANDAR SERI BEGAWAN (capital) 241,000
- Conventional long form
- Brunei Darussalam
- Conventional short form
- Brunei
- Local long form
- Negara Brunei Darussalam
- Local short form
- Brunei
absolute monarchy or sultanate
- Name
- Bandar Seri Begawan
- Geographic coordinates
- 4 53 N, 114 56 E
- Time difference
- UTC+8 (13 hours ahead of Washington, DC, during Standard Time)
has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt
Brunei is an energy-rich sultanate on the northern coast of Borneo in Southeast Asia. Brunei boasts a well-educated, largely English-speaking population; excellent infrastructure; and a stable government intent on attracting foreign investment. Crude oil and natural gas production account for approximately 65% of GDP and 95% of exports, with Japan as the primary export market.
- Inflation
- -0.732%
- Total tax rate (% of commercial profits)
- 8.7%
- Real Interest Rate
- 16.165%
- Manufacturing, value added (% of GDP)
- 11.461%
- Current Account Balance
- US$ 2,070,943,253
- Labor Force, Total
- 205,406
- Employment in Agriculture
- 0.60%
- Employment in Industry
- 18.70%
- Employment in Services
- 80.80%
- Unemployment Rate
- 2.00%
- Imports of goods and services
- US$ 4,261,899,816
- Exports of goods and services
- US$ 5,249,031,813
- Total Merchandise Trade
- 70.61%
- FDI, net inflows
- US$ 173,243,340
- Commercial Service Exports
- US$ 640,037,152
rice, vegetables, fruits; chickens, water buffalo, cattle, goats, eggs
petroleum, petroleum refining, liquefied natural gas, construction, agriculture, transportation
- Commodities
- mineral fuels, organic chemicals
- Partners
- Japan 36.1%, South Korea 14.9%, Thailand 10.9%, India 9.3%, NZ 5.6%, Australia 5% (2015)
- Commodities
- machinery and mechanical appliance parts, mineral fuels, motor vehicles, electric machinery
- Partners
- Singapore 27.9%, China 25.3%, Malaysia 12.3%, UK 10.6%, South Korea 4.9% (2015)