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| Thursday,August 31,2006 Posted: 11:19 BJT(0319 GMT) Economic and Commercial, Chinese Embassy in Brunei |
Brunei Darussalam is still very much dependent on revenues from crude oil and natural gas to finance its development programmes. Aside from this, Brunei Darussalam also receives income from rents, royalties, corporate tax and dividends. Due to the non-renewable nature of oil and gas, economic diversification has been in Brunei Darussalam's national development agenda.
Brunei Darussalam is the third largest oil producer in Southeast Asia and it produced about 200,000 barrels per day. It is also the fourth largest producer of liquefied natural gas in the world.
Economic Indicators
GDP at current prices (Million B$) : 15,864.1 (2005 estm.)
GDP at per Capital B$ : 42,864(2005)
Unemployment rate: 4.3%
Nodding Donkey at Oil Field
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