Negara Brunei Darussalam

Updated: 2018-07-31

Area: 5,765 square kilometers

Population: 422,600 (date to 2016)

Capital: Bandar Seri Begawan

Administrative divisions:

The country is divided into four districts, namely, Brunei-Muara, Belait, Tutong, and Temburong.

Overview:

Brunei is located in the northwest of the island of Kalimantan. Apart from South China Sea at its north, the country is completely surrounded by the Malaysian state of Sarawak. With a coastline stretching 162 kilometers, Brunei boasts 33 islands with average annual temperature of 28 C.

Economy:

Brunei's economy is dominated by the oil and gas industry. Its industries mainly include manufacturing, construction, finance, agriculture, forestry, and fisheries. In recent years, due to the decline in oil and gas production, Brunei's economic growth has stagnated, and the decline in international crude oil prices made the economy even worse. In 2017, Brunei achieved a GDP of 18.38 billion Brunei dollars (about 14.13 billion US dollars), an increase of 1.3 percent year-on-year. This is the first time Brunei's economy has rebounded after four consecutive years of negative growth. 

Industry:

The industrial base of Brunei is weak and the economic structure is single, mainly based on oil and natural gas exploitation and production. In recent years, the daily output of oil in Brunei has been controlled within 200,000 barrels, making it the third largest oil producer in Southeast Asia; the daily output of natural gas is 30 million cubic meters, the fourth largest natural gas producer in the world.

Tourism:

In recent years, Brunei has prioritized developing tourism. The Brunei government has adopted a number of incentives to attract tourists. The main tourist attractions include Royal Regalie, Brunei Museum, and Ulu Temburong National Park. In 2016, there were approximately 218,000 visitors, and Malaysia, China, the Philippines, Indonesia and Singapore were the top five countries where most tourists come from. 

Foreign trade:

Brunei mainly exports crude oil, petroleum products and liquefied natural gas, and imports machinery and transportation equipment, industrial products, food, and medicines. The main trading partners are Japan, Korea, Malaysia, Thailand and Singapore. The bulk export products are crude oil and natural gas, and the main export markets are Japan, South Korea and India. The main sources of imports are Malaysia, Singapore, China and the United States.