(Bandar Seri Begawan, 27th) Brunei’s gross domestic product (GDP) for 2025, calculated at constant prices, will increase by 0.7% compared to 2024. This is primarily due to a 3.1% growth in the oil and gas sector, while the non-oil and gas sector is expected to decline by 1.5%. Meanwhile, GDP at current prices will stand at BND 19.7 billion.
The growth in the oil and gas sector is mainly driven by the oil and gas extraction sub-sector and the liquefied natural gas (LNG) manufacturing sub-sector. This is mainly attributed to increased crude oil output from existing and new wells, as well as improvements in gas supply.
The decline in the non-oil and gas sector is mainly due to downturns in several key sub-sectors, including finance, other manufacturing, and medical services.
In the fourth quarter of 2025, Brunei’s GDP at constant prices will increase by 4.5% compared to the fourth quarter of 2024. This is mainly attributed to growth in the oil and gas sector (10.1%), while the non-oil and gas sector is expected to decline by 0.3%.
The growth in the oil and gas sector is primarily driven by increased crude oil and gas production, which is due to the resumption of operations after maintenance activities concluded. LNG production also increased as a result of ample gas supply.
Meanwhile, the decline in the non-oil and gas sector is mainly due to decreases in several major sub-sectors, including finance, wholesale and retail trade, and other manufacturing.
The decline in the finance sub-sector is mainly due to the global drop in interest rates, leading to subdued performance in the banking sector. The downturn in the wholesale and retail trade sub-sector was due to falls in retail and automotive sales. The decline in the other manufacturing sub-sector corresponded with reductions in metal products, machinery, and equipment maintenance activities.
By economic activity, the main contributor to GDP in the fourth quarter of 2025 is the industry sector, with a contribution rate of 56.9%, followed by services at 42.1%, and agriculture, forestry, and fisheries at 1.0%.
In the fourth quarter of 2025, Brunei's GDP at current prices has a total value of BND 5.2 billion. Of the total GDP, the non-oil and gas sector contributed 55.4%, while the oil and gas sector contributed 44.6%.
By expenditure approach, in the fourth quarter of 2025, net exports of goods and services and household final consumption expenditure increased by 30.4% and 4.4% respectively. Meanwhile, other components saw declines, including a 9.2% drop in government final consumption expenditure and a 1.4% decrease in gross capital formation (investment in physical assets).
Gross domestic product (GDP) measures the total value of goods and services produced within a specific period, minus the cost of goods and services used in production.
The complete GDP report for the fourth quarter and full year of 2025 can be accessed on the JPES website (deps.mofe.gov.bn).
The growth in the oil and gas sector is mainly driven by the oil and gas extraction sub-sector and the liquefied natural gas (LNG) manufacturing sub-sector. This is mainly attributed to increased crude oil output from existing and new wells, as well as improvements in gas supply.
The decline in the non-oil and gas sector is mainly due to downturns in several key sub-sectors, including finance, other manufacturing, and medical services.
In the fourth quarter of 2025, Brunei’s GDP at constant prices will increase by 4.5% compared to the fourth quarter of 2024. This is mainly attributed to growth in the oil and gas sector (10.1%), while the non-oil and gas sector is expected to decline by 0.3%.
The growth in the oil and gas sector is primarily driven by increased crude oil and gas production, which is due to the resumption of operations after maintenance activities concluded. LNG production also increased as a result of ample gas supply.
Meanwhile, the decline in the non-oil and gas sector is mainly due to decreases in several major sub-sectors, including finance, wholesale and retail trade, and other manufacturing.
The decline in the finance sub-sector is mainly due to the global drop in interest rates, leading to subdued performance in the banking sector. The downturn in the wholesale and retail trade sub-sector was due to falls in retail and automotive sales. The decline in the other manufacturing sub-sector corresponded with reductions in metal products, machinery, and equipment maintenance activities.
By economic activity, the main contributor to GDP in the fourth quarter of 2025 is the industry sector, with a contribution rate of 56.9%, followed by services at 42.1%, and agriculture, forestry, and fisheries at 1.0%.
In the fourth quarter of 2025, Brunei's GDP at current prices has a total value of BND 5.2 billion. Of the total GDP, the non-oil and gas sector contributed 55.4%, while the oil and gas sector contributed 44.6%.
By expenditure approach, in the fourth quarter of 2025, net exports of goods and services and household final consumption expenditure increased by 30.4% and 4.4% respectively. Meanwhile, other components saw declines, including a 9.2% drop in government final consumption expenditure and a 1.4% decrease in gross capital formation (investment in physical assets).
Gross domestic product (GDP) measures the total value of goods and services produced within a specific period, minus the cost of goods and services used in production.
The complete GDP report for the fourth quarter and full year of 2025 can be accessed on the JPES website (deps.mofe.gov.bn).