Brunei Economic information

- Brunei is a small country located in Southeast Asia. In terms of surface area, it is the smallest country in the region after Malaysia. - Brunei's population is approximately 460,000. - The capital of the country is Bandar Seri Begawan. - Brunei is known for its oil and natural gas reserves, and based on these resources, its economy is largely based on these sectors. - Oil and natural gas exports constitute a large portion of Brunei's national income. The country is one of the richest countries in terms of oil reserves in the world. - Brunei's other important economic sectors include tourism, financial services, retail trade and agriculture. - Brunei is known throughout the world as a country with high living standards. Healthcare, education and other social services in the country are generally free or low-cost. - Brunei is a member of Asean (Association of Southeast Asian Nations) and participates in this association for regional economic cooperation. - The country's economic growth rate has remained consistently high in recent years. However, since Brunei's economy is dependent on fluctuations in oil and natural gas prices, these fluctuations can affect the country's economy.