Attribute | Value |
---|---|
Geography | |
Area | 5,765 km² |
Continent | Asia |
Land area | 5,265 km² |
Water area | 500 km² |
Land boundaries | 266 km |
Border countries |
|
Coastline | 161 km |
Mean elevation | 478 m |
Lowest point | 0 m |
Highest point | 1,850 m |
People | |
Population | 464,478 |
Official languages |
|
Religion | Muslim |
Government | |
Long country name | Brunei Darussalam |
Short country name | Brunei |
Long local name | Negara Brunei Darussalam |
Short local name | Brunei |
Former name | Add |
Government type | Absolute monarchy or sultanate |
Capital | Bandar Seri Begawan |
Economy | |
GDP (PPP) | 33,870,000,000 USD |
GDP (OER) | 12,130,000,000 USD |
GDP (real growth rate) | 1.3 % |
GDP - per capita (PPP) | 78,900 USD |
Gross national saving | 47.5 % of GDP |
Labor force | 203,600 |
Unemployment rate | 6.9 % |
Population below poverty line | Add |
Budget revenues | 2,245,000,000 USD |
Budget expenditures | 4,345,000,000 USD |
Military expenditures | 2.37 % of GDP |
Taxes and other revenues | 18.5 % of GDP |
Budget surplus or deficit | -17.3 % of GDP |
Public debt | 2.8 % of GDP |
Inflation rate | -0.2 % |
Central bank discount rate | Add |
Commercial bank prime lending rate | 5.5 % |
Stock of narrow money | 3,387,000,000 USD |
Stock of broad money | 3,387,000,000 USD |
Stock of domestic credit | 3,665,000,000 USD |
Market value of publicly traded shares | Add |
Current account balance | 2,021,000,000 USD |
Exports | 5,885,000,000 USD |
Imports | 2,998,000,000 USD |
Reserves of foreign exchange and gold | 3,488,000,000 USD |
External debt | 0 USD |
National currency | Bruneian dollars |
National currency (code) | BND |
National currency (symbol) | $ |
National currency rate to USD | 1.394 |
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 the world. In 2017, Brunei celebrated the 50th anniversary of the Sultan Hassanal BOLKIAH’s accession to the throne.