Brunei is widely considered very wealthy relative to many countries, mainly due to its oil and gas revenues, but its wealth is not evenly distributed and the economy is heavily dependent on hydrocarbons. Recent discussions focus on how Brunei plans to diversify under Vision 2035 as oil revenues decline.
If you’d like, I can summarize the latest public analyses and provide a quick, sourced snapshot (e.g., current GDP per capita, oil dependence, and diversification progress) with citations.
Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Latest News Stream - Brunei - was last updated on Friday, October 3, 2025.
tradingeconomics.comBrunei economy information. GDP, employment, labor force of Brunei provided. Create economic graphs.
www.countryreports.orgBrunei is a rich country (one of the richest in Asia). According to this article published by Global Finance Magazine in 2023, Brunei is the 11th richest country in the world and has been one of the wealthiest for decades, due to abundant oil and gas reserves. Three common questions travelers ask a
trvlguides.comPHILLIPS: As of a few years ago, known reserves were about 1.5 billion barrels of oil and 5.6. trillion cubic feet of gas. Some among the petroleum industry people guessed that the end could come early in the 21st century — but that, of course was only a guess. Basically, Brunei is a one-track economy with oil and gas accounting for 70% of its domestic product, and 99% of its exports. The Brunei Shell Petroleum company, which is half owned by the Brunei government and half by Royal Dutch...
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