Fandom

Austrian Economics Wiki

Brunei

315pages on
this wiki
Add New Page
Talk0 Share
Country summary

Capital

Bandar Seri Begawan

Borders

Malaysia 381 km

Government type

constitutional sultanate (locally known as Malay Islamic Monarchy)

Population

388,190 (July 2010 est.)[1]

Population growth

1.759% (2010 est.)[1]

Life expectancy

75.74 years[1]

Unemployment

3.7% (2008)[1]

Corruption Perceptions Index

39[2]


The Sultanate of Brunei's influence peaked between the 15th and 17th centuries when its control extended over coastal areas of northwest Borneo and the southern Philippines. Brunei subsequently entered a period of decline brought on by internal strife over royal succession, colonial expansion of European powers, and piracy. In 1888, Brunei became a British protectorate; independence was achieved in 1984. The same family has ruled Brunei for over six centuries. Brunei benefits from extensive petroleum and natural gas fields, the source of one of the highest per capita GDPs in Asia.[1]

Economical characteristicsEdit

  • Currency: Brunei dollar (ISO code: BND)
  • Central bank discount rate: [1]
  • Commercial banks lending rate: 5.5% (31 December 2008)[1]
  • Stock of money (M1): $3.374 billion (30 March 2009)[1]
  • Quasi money (with M1 makes M2): $8.151 billion (30 March 2009)[1]


StatisticsEdit

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[3] 4 600 6 001 5 601 5 843 6 557 7 872 9 531 11 471
Govt. debt (% of GDP)[4]
Govt. revenue (% of GDP)[5]
Govt. expenses (% of GDP)[6]
Debt to revenue (years)

ReferencesEdit

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Facebook. "Brunei", from The World Facebook. Referenced 2010-09-30.
  2. Transparency International. "Brunei", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-09-30.
  3. World Bank. "Brunei: GDP", from World Bank Data. Referenced 2010-09-30.
  4. World Bank. "Brunei: government debt", from World Bank Data. Referenced 2010-09-30.
  5. World Bank. "Brunei: government revenue", from World Bank Data. Referenced 2010-09-30.
  6. World Bank. "Brunei: government expenses", from World Bank Data. Referenced 2010-09-30.

External linksEdit

Ad blocker interference detected!


Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers

Wikia is not accessible if you’ve made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected.