Brunei
| Country summary | |
|---|---|
|
Capital |
Bandar Seri Begawan |
|
Borders |
Malaysia 381 km |
|
Government type |
constitutional sultanate (locally known as Malay Islamic Monarchy) |
|
Population |
388,190 (July 2010 est.)[1] |
|
Population growth |
1.759% (2010 est.)[1] |
|
Life expectancy |
75.74 years[1] |
|
Unemployment |
3.7% (2008)[1] |
|
39[2] | |
The Sultanate of Brunei's influence peaked between the 15th and 17th centuries when its control extended over coastal areas of northwest Borneo and the southern Philippines. Brunei subsequently entered a period of decline brought on by internal strife over royal succession, colonial expansion of European powers, and piracy. In 1888, Brunei became a British protectorate; independence was achieved in 1984. The same family has ruled Brunei for over six centuries. Brunei benefits from extensive petroleum and natural gas fields, the source of one of the highest per capita GDPs in Asia.[1]
Economical characteristics
- Currency: Brunei dollar (ISO code: BND)
- Central bank discount rate: [1]
- Commercial banks lending rate: 5.5% (31 December 2008)[1]
- Stock of money (M1): $3.374 billion (30 March 2009)[1]
- Quasi money (with M1 makes M2): $8.151 billion (30 March 2009)[1]
Notable events:
- Banking crisis: 1986[3]
Statistics
| Statistic / Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|
| GDP (million USD)[4] | 4 600 | 6 001 | 5 601 | 5 843 | 6 557 | 7 872 | 9 531 | 11 471 | ||
| Govt. debt (% of GDP)[5] | ||||||||||
| Govt. revenue (% of GDP)[6] | ||||||||||
| Govt. expenses (% of GDP)[7] | ||||||||||
| Debt to revenue (years) |
References
Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Factbook. "Brunei", from The World Factbook. Referenced 2010-09-30.
- ↑ Transparency International. "Brunei", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-09-30.
- ↑ Carmen M. Reinhart and Kenneth S. Rogoff. "This Time is Different", Princeton University Press, ISBN 978-0-691-14216-6, p. 354. (The list does not claim to be complete.) Referenced 2011-07-19.
- ↑ World Bank. "Brunei: GDP", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Brunei: government debt", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Brunei: government revenue", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Brunei: government expenses", from World Bank Data. Referenced 2010-09-30.
Links
- Brunei on Wikipedia
- Central bank of Brunei
- BBC country profile
