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Brunei Economy Rebounds: Services Drive 1.4% Growth

Published on 18th April 2024

Brunei's economy showed strong recovery in 2023 with a 1.4% GDP growth, driven by the services sector, particularly finance (up 37.4%) and transportation (up 75.8%). While oil and gas production contracted by 2%, this was slower than in 2022, indicating progress in rejuvenation efforts. The job market remained stable ...

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Borneo Bulletin

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Brunei's leading English daily, serving the nation since 1953. Published by Brunei Press Sdn Bhd. 📰📱💻

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Brunei's economy showed a robust recovery in 2023, with a 1.4% GDP growth led by significant increases in the finance and transportation sectors. Despite a contraction in oil and gas, the job market remained generally stable, though some sectors faced challenges. Notably, inflation dropped to 0.4%, reflecting improved supply chains post-pandemic.

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Brunei Economy Rebounds: Services Drive 1.4% Growth

↳ Posted By

Borneo Bulletin

Media Permata

Information

Brunei Economy Rebounds: Services Drive 1.4% Growth

↳ Posted By

Borneo Bulletin

Brunei Economy Boosted by Oil & Gas, Diversification

Brunei Economy Grows 1.4% Driven by Non-Oil Sectors

Brunei Economy Forecasts 2.7% Growth in 2024

Keris-Warisan

Goutaxe

Goutaxe

Gadong Auto Parts & Services

Al Abraj Travels and Tours Sdn Bhd

Media Permata

Brunei Economy Boosted by Oil & Gas, Diversification

Brunei Economy Grows 1.4% Driven by Non-Oil Sectors

Brunei Economy Forecasts 2.7% Growth in 2024

Keris-Warisan

Goutaxe

Goutaxe

Gadong Auto Parts & Services

Al Abraj Travels and Tours Sdn Bhd