Brunei: Trade openness
* indicates monthly or quarterly data series
| Brunei |
Trade openness: exports plus imports as percent of GDP |
|---|---|
| Latest value | 136.86 |
| Year | 2023 |
| Measure | percent |
| Data availability | 1974 - 2023 |
| Average | 81.45 |
| Min - Max | 47.95 - 147.12 |
| Source | The World Bank |
The latest value from 2023 is 136.86 percent, a decline from 146.97 percent in 2022. In comparison, the world average is 94.91 percent, based on data from 153 countries. Historically, the average for Brunei from 1974 to 2023 is 81.45 percent. The minimum value, 47.95 percent, was reached in 1980 while the maximum of 147.12 percent was recorded in 2021.
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Definition: Exports plus imports as percent of GDP.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 145.45 | 2021 | percent |
| Trade openness | 136.86 | 2023 | percent |
| Exports, percent of GDP | 74.30 | 2024 | percent |
| Exports, billion dollars | 11.58 | 2023 | billion U.S. dollars |
| Growth of exports | -2.24 | 2023 | percent |
| Imports, percent of GDP | 58.92 | 2024 | percent |
| Imports, billion dollars | 9.08 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 0.19 | 2024 | percent |
| Foreign Direct Investment, billion dollars | -0.05 | 2023 | 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 | 1.94 | 2023 | billion U.S. dollars |
| Trade balance, percent of GDP | 16.51 | 2023 | percent |
| Trade balance, in dollars | 2.50 | 2023 | billion U.S. dollars |
| Reserves | 4.41 | 2024 | billion U.S. dollars |
| Remittances, percent of GDP | 0.01 | 2023 | percent |
| Remittances | 2.00 | 2023 | million U.S. dollars |
| Net errors and omissions | -801.14 | 2023 | million USD |
| Foreign exchange reserves | 5.26 | 2/2025 | billion |