Published on 21st August 2023
Brunei's economy grew by 0.8% in the first quarter of 2023, driven by a 6.2% surge in the non-oil and gas sector. This growth was fuelled by strong performance in sectors like air transport (up 285.1%), finance (71.7%), and other transportation services (33.1%). The oil and gas sector contracted by 5% due to reduced p...
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Brunei's GDP grew by 0.8% in Q1 2023, largely due to a 6.2% increase in the non-oil and gas sector, despite a 5% decline in oil and gas production. Key growth areas included air transport and finance, showcasing the economy's resilience amidst challenges.
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