Brunei: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series

Fiscal balance, percent of GDP

 Latest value -5.38
 Year 2021
 Measure percent
 Data availability 2000 - 2021
 Average 4.11
 Min - Max -19.57 - 27.92
 Source Asian Development Bank
For that indicator, we provide data for Brunei from 2000 to 2021. The average value for Brunei during that period was 4.11 percent with a minimum of -19.57 percent in 2020 and a maximum of 27.92 percent in 2008. The latest value from 2021 is -5.38 percent. For comparison, the world average in 2021 based on 172 countries is -4.00 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Brunei - Fiscal balance, percent of GDP - Recent values chart

Historical chart
Brunei - Fiscal balance, percent of GDP - historical chart - 2000-2021

Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 20.12 2022 percent
 Government spending, in dollars 3.45 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -5.38 2021 percent
 Government debt 2.06 2022 percent
 Government expenditure 1.08 Q3/2023 billion
 Commercial tax rate 8.00 2019 percent
 Tax preparation time 53 2019 hours
 Number of taxes 5 2019 taxes
 Foreign aid 0.77 2004 million U.S. dollars
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