| Latest Highlights
2022
The Brunei Darussalam’s balance of payments (BOP) recorded a surplus of BND106.6 million in 2022, a decrease compared to BND1,472.8 million in 2021. The current account recorded a surplus of BND4,501.0 million from BND2,110.0 million in 2021. The higher current account balance surplus was due to increase in surplus of trade in goods by 31.8 per cent meanwhile Services Account, Primary Account and Secondary Income Account recorded a deficit.
Meanwhile, the Financial Account recorded a net outflow of BND3,290.7 million in compared to -BND160.5 million net inflows in 2021. Increase in outflows of portfolio investment and other investment is the main contribution to this increased.
More details... EXCEL TABLE
|
Summary Data | 2018 | 2019
| 2020
| 2021
| 2022p
|
Current Account
| 1,254.9
| 1,214.4 | 748.4
| 2,110.0
| 4,501.0 |
Goods |
3,184.1
|
3,011.6
| 1,910.7 | 3,600.3 | 7,105.3 |
Exports
|
8,734.3 |
9,831.2
| 9,026.5
| 14,783.4
| 19,484.0
|
Imports
|
5,550.2
|
6,819.6 | 7,115.8
| 11,183.1
| 12,378.6 |
Services |
(1,359.8)
|
(1,621.9) | (1,178.6)
| (935.9)
| (1,169.5) |
Receipts
|
769.7
|
842.8
| 485.9 | 269.3 | 388.2 |
Payments
|
2,129.6
|
2,464.7
| 1,664.5
| 1,205.2
| 1,557.7 |
Primary Income
|
113.1 |
492.6
| 499.1
| 120.5
| (506.7) |
Receipts
|
1,347.5 |
1,402.3 | 1,268.6
| 1,288.3
| 757.4 |
Payments
|
1,234.3 |
909.7
| 769.4 | 1,167.8
| 1,267.2 |
Secondary income
|
(682.5)
|
(668.0) | (482.9)
| (674.9
| (925.2) |
Receipts
|
43.1 |
62.6 | 64.2
| 89.3
| 67.1 |
Payments
|
725.6
|
730.6 | 547.1 | 764.2 | 992.3 | | | | |
Capital Account
| - | - | - | | | | | Financial Account
|
94.6
|
(623.1) | 363.8
| (160.5)
| 3,290.7 | Direct Investmen Abroad
| - | - | - | Direct Investment in Brunei
| 697.8
| 511.0
| 796.7
| 275.1
| (403.2) | Portfolio Investment Assets
|
(1,941.6)
|
1,907.9 | 1,647.2
| (318.7)
| 628.7 | Portfolio Investment Liabilities
| - | - | - | Other Investment Assets
|
2,940.4 |
384.6
| (728.6)
| 292.6
| 1,,196.5 | Other Investment Liabilities
|
206.4
|
2,334.1
| (241.8)
| (140.8)
| (1,062.3) | Current+capital-financial account balance
|
1,160.3 |
1,767.0 | 384.6 | 2,270.5
| 1,210.3 | | | | |
Net Errors and Omissions
|
(1,179.2) |
(735.1) | (996.0)
| (797.7)
| (1,103.6) |
|