In 1888, Brunei became a British protectorate. After about 100 years independence was achieved in 1984. Brunei benefits from extensive petroleum and natural gas fields, the source of one of the highest per capita GDPs in the world.
It is ranked 4th by the IMF and 5th by the World Bank.
The per capita GDP is $31,590. It has an overall GDP of $16.11 billion within a population of 417,800 citizens.
May 11, 2015
...Poverty is not severe in the country, (click here) said Hajah Rose binti Abdullah, Senior Lecturer at the Business and Management Sciences Faculty of Universiti Islam Sultan Sharif Ali (UNISSA) in her talk titled ‘Poverty in Muslim Countries with Special Reference to Brunei Darussalam’ held in conjunction with UNISSA’s 4th upcoming Mahrajan Hafl Al-Takharruj (convocation).
A total of 5,472 families consisting of 27,360 persons were living in poverty, according to statistics revealed in 2011 by the Ministry of Culture, Youth and Sports (MCYS).
Data from the Community Development Department (JAPEM) and the Brunei Darussalam Islamic Religious Council (MUIB) showed 20,790 persons living in poverty in 2012. MUIB revealed that last year, 4,692 new applicants received approval to get tithe money....
It's agricultural commodities include rice, vegetables, fruits; chickens, water buffalo, cattle, goats and eggs.
Industrial production is petroleum, petroleum refining, liquefied natural gas, construction and transportation. It claims an unemployment rate of 2.6 percent.
It is considered High Income non-OECD member.
School enrollment is 94 percent in primary education. It's citizens have a longevity of 79 years.
Brunei has a carbon footprint of 22.9 metric tons per capita.
As an oil producer, (click here) Brunei has been able to run consistent trade surpluses
despite having to import most of what it consumes. Oil and natural gas
account for over 95 percent of Brunei’s exports. Other exports include
clothing. Brunei mainly imports machinery and transport equipment,
manufactured goods, food, fuels and lubricants, chemical products, and
beverages and tobacco. Brunei’s main trading partners are Japan,
Singapore, South Korea, India, China, Australia and the United States.
This page provides - Brunei Balance of Trade - actual values, historical
data, forecast, chart, statistics, economic calendar and news. Content
for - Brunei Balance of Trade - was last refreshed on Monday, May 11,
2015.While Brunei is a wealthy partner, it's cultural leanings may prove to be a double standard.
April 26, 2015
The Sultan of Brunei (click here) has declared
Sharia law in his tiny southeast Asian nation, all while being exposed
by a former member of his harem for his extreme hypocrisy.
Imposing the law would see citizens publicly flogged, stoned to death for committing adultery, and suffer amputated limbs for theft.
"If such a theory claims that Allah's law is cruel and unjust but it is Allah Himself who proclaims His law is just," the Sultan said in recent speech....
Imposing the law would see citizens publicly flogged, stoned to death for committing adultery, and suffer amputated limbs for theft.
"If such a theory claims that Allah's law is cruel and unjust but it is Allah Himself who proclaims His law is just," the Sultan said in recent speech....
