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Latest Highlights              2020


 
The Brunei Darussalam’s balance of payments (BOP) recorded a deficit of BND611.4 million in 2020, as against a BOP surplus of BND1,031.9 million in 2019. The current account recorded a surplus of BND748.4 million from BND1,214.4 million in 2019. The lower current account balance surplus was due to:

      • Decrease of the trade in goods surplus from BND3.0 billion in 2019 to BND1.9 billion in 2020; and
      • Services account posted a deficit of BND1.2 billion (2019: -BND1.6 billion).

Meanwhile, the financial account recorded net outflows (or net lending of the residents to the rest of the world) of BND363.8 million.

                                      
More details​...             EXCEL TABLE                SUMMARY


Summary Data

​BND million
2016201720182019
2020p
Current Account
2,032.9​​2,741.61,254.9​
1,214.4​748.4
​Goods2,976.1​  3,318.8
​3,184.1
3,011.6
1,910.7​
​  Exports
6,648.4
7,556.1​8,734.39,831.2​
9,026.5
​  Imports
3,672.3
4,237.2 5,550.2
6,819.6​7,115.8
​Services(1,539.8)
(961.9)​(1,359.8)
(1,621.9)​(1,178.6)
​  Receipts
732.6
761.3 769.7​
842.8
485.9​
​  Payments
2,272.4
1,723.2​2,129.6​
2,464.7​
1,664.5
​Primary Income
1,153.5​
994.8
113.1​492.6​
499.1
​  Receipts
1,487.1
1,464.01,347.51,402.3​1,268.6
​  Payments
333.6​
469.3
1,234.3​909.7
769.4​
​Secondary income
(556.9)
(610.0)​(682.5)
(668.0)​(482.9)
​  Receipts
73.8
55.743.162.6​64.2
​  Payments
630.7
665.8​725.6
730.6547.1​
​Capital Account
​-​-​--​-​
Financial Account
8,821.8​
1,983.5
94.6
(623.1)​363.8
​  Direct Investmen Abroad
-​-​-​-​-​
​  Direct Investment in Brunei
(206.7)
635.3
697.8
511.0
796.7
​  Portfolio Investment Assets
862.0​
(88.4)
(1,941.6)
1,907.9​1,647.2
​  Portfolio Investment Liabilities
----​-​
​  Other Investment Assets
7,488.6​
2,883.4
2,940.4​384.6​
(728.6)
​  Other Investment Liabilities
(264.6)
176.1206.4​
2,334.1
(241.8)
​  Current+capital-financial account balance
(6,788.9)758.11,160.31,767.0384.6
​Net Errors and Omissions
6,991.1
(1,145.3)(1,179.2)(735.1)​(996.0)
Reserve Assets
202.2​(387.2)(18.9)​1,031.9
(611.4)​