| 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
| | 2016 | 2017 | 2018 | 2019
| 2020p
|
Current Account
| 2,032.9 | 2,741.6 | 1,254.9
| 1,214.4 | 748.4
| |
Goods | 2,976.1 | 3,318.8
| 3,184.1
| 3,011.6
| 1,910.7 |
Exports
| 6,648.4
| 7,556.1 | 8,734.3 | 9,831.2
| 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
| 1,464.0 | 1,347.5 | 1,402.3 | 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
| 55.7 | 43.1 | 62.6 | 64.2
|
Payments
| 630.7
| 665.8 | 725.6
| 730.6 | 547.1 | | | | | | | |
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)
| 176.1 | 206.4
| 2,334.1
| (241.8)
| Current+capital-financial account balance
| (6,788.9) | 758.1 | 1,160.3 | 1,767.0 | 384.6 | | | | | | | |
Net Errors and Omissions
| 6,991.1
| (1,145.3) | (1,179.2) | (735.1) | (996.0)
|
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