Brunei: Trade openness

* indicates monthly or quarterly data series
 Brunei

Trade openness: exports plus imports as percent of GDP

 Latest value 146.97
 Year 2022
 Measure percent
 Data availability 1974 - 2022
 Average 106.38
 Min - Max 85.18 - 147.12
 Source The World Bank
For that indicator, we provide data for Brunei from 1974 to 2022. The average value for Brunei during that period was 106.38 percent with a minimum of 85.18 percent in 2017 and a maximum of 147.12 percent in 2021. The latest value from 2022 is 146.97 percent. For comparison, the world average in 2022 based on 146 countries is 101.05 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 - Trade openness - recent values

Historical chart
Brunei - Trade openness - historical chart - 1974-2022




Definition: Exports plus imports as percent of GDP.


 Related indicators Latest value Reference Measure
 Terms of trade 145.45 2021 percent
 Trade openness 146.97 2022 percent
 Exports, percent of GDP 86.39 2022 percent
 Exports, billion dollars 14.41 2022 billion U.S. dollars
 Growth of exports 6.91 2022 percent
 Imports, percent of GDP 60.58 2022 percent
 Imports, billion dollars 10.11 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -1.75 2022 percent
 Foreign Direct Investment, billion dollars -0.29 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2020 million dollars (current)
 Current account, percent of GDP 16.00 2022 percent
 Current account, in dollars 3.26 2022 billion U.S. dollars
 Trade balance, percent of GDP 25.80 2022 percent
 Trade balance, in dollars 4.30 2022 billion U.S. dollars
 Reserves 5.03 2022 billion U.S. dollars
 Remittances, percent of GDP 0.01 2022 percent
 Net errors and omissions -800.32 2022 million USD
 Foreign exchange reserves 5.14 9/2023 billion
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