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Exports of Services (BoP, USD) fell 42.9% to USD 0.200 bil in Brunei in 2021

Exports of Services (BoP, USD) (USD bil), 2021
Economy | Brunei | March 1, 2023
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Exports of services as a part of balance of payment fell 42.9% to USD 0.200 bil in Brunei in 2021, according to the National Statistical Office.

Historically, exports of services as a part of balance of payment in Brunei reached an all time high of USD 0.915 bil in 2009 and an all time low of USD 0.200 bil in 2021. When compared to Brunei's main peers, exports of services as a part of balance of payment in Indonesia amounted to USD 14.0 bil, USD 20.9 bil in Malaysia, USD 33.6 bil in Philippines and USD 3.67 bil in Vietnam in 2021.

Brunei has been ranked 127th within the group of 140 countries we follow in terms of exports of services as a part of balance of payment, 6 places above the position seen 10 years ago.

Exports of Services (BoP, USD) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Australia USD bil 54.9 58.0 65.2 69.4 71.0
Brunei USD bil 0.648 0.530 0.551 0.570 0.618
Cambodia USD bil 3.95 4.03 4.61 5.45 6.09
China USD bil 217 208 213 234 244
Indonesia USD bil 22.2 23.3 25.3 31.2 31.6
Laos USD bil 0.844 0.835 0.781 0.985 1.18
Malaysia USD bil 34.9 35.6 37.1 40.2 41.1
Philippines USD bil 29.1 31.2 34.8 38.4 41.3
Singapore USD bil 153 152 171 205 216
Taiwan USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Thailand USD bil 58.1 63.8 71.0 77.5 81.2
Vietnam USD bil 11.3 12.5 13.1 14.8 16.6