Brunei: Household consumption, percent of GDP

* indicates monthly or quarterly data series
 Brunei

Household consumption as percent of GDP

 Latest value 27.56
 Year 2023
 Measure percent
 Data availability 1974 - 2023
 Average 15.92
 Min - Max 3.18 - 29.39
 Source The World Bank
The latest value from 2023 is 27.56 percent, an increase from 23.26 percent in 2022. In comparison, the world average is 62.93 percent, based on data from 146 countries. Historically, the average for Brunei from 1974 to 2023 is 15.92 percent. The minimum value, 3.18 percent, was reached in 1980 while the maximum of 29.39 percent was recorded in 1998. 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 data
Brunei - Household consumption, percent of GDP - Recent values chart

Historical series
Brunei - Household consumption, percent of GDP - historical chart - 1974-2023




Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.

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 Related indicators Latest Reference Measure
 Capital investment, percent of GDP 29.56 2023 percent
 Capital investment, in dollars 4.47 2023 billion U.S. dollars
 Household consumption, percent of GDP 27.56 2023 percent
 Household consumption, in dollars 4.17 2023 billion U.S. dollars
 Household consumption 1.48 Q3/2024 billion
 Consumption as percent of GDP 29.40 Q3/2024 percent
 Consumption growth 6.74 Q3/2024 percent
 Investment 1.58 Q3/2024 billion
 Investment as percent of GDP 31.33 Q3/2024 percent
 Investment growth -4.54 Q3/2024 percent
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