Brunei BN: Military Expenditure: % of GDP

1984 - 2022 | Yearly | % | World Bank

Brunei BN: Military Expenditure: % of GDP data was reported at 2.370 % in 2022. This records a decrease from the previous number of 3.236 % for 2021. Brunei BN: Military Expenditure: % of GDP data is updated yearly, averaging 3.539 % from Dec 1984 (Median) to 2022, with 39 observations. The data reached an all-time high of 7.530 % in 1998 and a record low of 2.159 % in 2012. Brunei BN: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brunei – Table BN.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.);Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.;Weighted average;Data for some countries are based on partial or uncertain data or rough estimates.

View Brunei's Brunei BN: Military Expenditure: % of GDP from 1984 to 2022 in the chart:

Brunei Brunei BN: Military Expenditure: % of GDP

What was Brunei's Brunei BN: Military Expenditure: % of GDP in 2022?

Last Previous Min Max Unit Frequency Range
2.370 2022 3.236 2021 2.159 2012 7.530 1998 % yearly 1984 - 2022

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 96,482.790 2028 yearly 1985 - 2028
Forecast: Nominal GDP Per Capita (USD) 44,913.590 2027 yearly 1985 - 2027
Forecast: Real GDP Growth (%) 2.112 2027 yearly 1986 - 2027
GDP Deflator Growth (%) 22.0 Sep 2022 quarterly Mar 2005 - Sep 2022
GDP per Capita (USD) 37,452.922 2022 yearly 1965 - 2022
Gross Fixed Capital Formation (USD mn) 937.985 Dec 2023 quarterly Mar 2004 - Dec 2023
Gross National Product (GNP) (USD mn) 16,311.906 2022 yearly 1989 - 2022
Gross Savings Rate (%) 60.0 Sep 2022 quarterly Mar 2004 - Sep 2022
Investment: % of GDP (%) 33.1 Sep 2023 quarterly Mar 2004 - Sep 2023
Nominal GDP (USD mn) 4,130.1 Sep 2022 quarterly Mar 2004 - Sep 2022
Nominal GDP Growth (%) -13.343 Sep 2023 quarterly Mar 2005 - Sep 2023
Private Consumption Expenditure (USD mn) 1,027.142 Sep 2023 quarterly Mar 2013 - Sep 2023
Private Consumption: % of GDP (%) 27.6 Sep 2023 quarterly Mar 2004 - Sep 2023
Public Consumption Expenditure (USD mn) 797.942 Sep 2023 quarterly Mar 2013 - Sep 2023
Public Consumption: % of GDP (%) 17.6 Sep 2022 quarterly Mar 2004 - Sep 2022
Real GDP Growth (%) 0.9 Sep 2022 quarterly Mar 2005 - Sep 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 146.934 Sep 2023 quarterly Mar 2004 - Sep 2023
Construction and Properties Last Frequency Range
House Prices Growth (%) -0.8 Dec 2023 quarterly Mar 2016 - Dec 2023
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (BND bn) 6.082 2028 yearly 1980 - 2028
Forecast: Government Net Debt (BND bn) 0.473 2029 yearly 1980 - 2029
Forecast: Government Revenue (BND bn) 3.770 2029 yearly 1980 - 2029
Tax Revenue (USD mn) 270.122 2022 yearly 2007 - 2022
Consolidated Fiscal Balance (USD mn) 215.035 2022 yearly 2003 - 2022
Tax Revenue: % of GDP (%) 1.6 2022 yearly 2010 - 2022
Consolidated Fiscal Balance: % of GDP (%) 1.3 2022 yearly 2010 - 2022
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 210,523.000 2022 yearly 1991 - 2022
Forecast: Population (Person mn) 0.443 2028 yearly 1985 - 2028
Forecast: Unemployment Rate (%) 4.900 2029 yearly 2011 - 2029
Labour Force Participation Rate (%) 64.3 2023 yearly 1990 - 2023
Labour Productivity Growth (%) -0.76 2022 yearly 1992 - 2022
Population (Person mn) 0.5 2023 yearly 1950 - 2023
Unemployment Rate (%) 5.20 2022 yearly 1981 - 2022
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicle Sales: Commercial Cars (Unit) 651.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Motor Vehicle Sales: Passenger Cars (Unit) 10,949.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Motor Vehicles Sales (Unit) 1,285 Nov 2020 monthly Jan 2010 - Nov 2020
Motor Vehicles Sales Growth (%) 20.1 Nov 2020 monthly Jan 2011 - Nov 2020
Household Expenditure per Capita (USD) 4,119.540 2015 yearly 2005 - 2015
Household Income per Capita (USD) 9,871.186 2015 yearly 2005 - 2015
Number of Registered Vehicles (Unit) 306,112 2022 yearly 1972 - 2022

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