Brunei GDP Growth Hits 5-Quarter High in Q4

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Brunei’s economy grew 4.5% yoy in Q4 2025, accelerating from a marginal 0.03% rise in the prior period and marking the fastest expansion in five quarters. Industrial activity surged 8.3% (vs 0.3% in Q3), supported by stronger oil and gas output alongside faster production of LNG and other petroleum and chemical products. Agricultural growth also picked up to 5.7% (vs 1.8%), reflecting gains in vegetables, fruits & other crops, as well as forestry. In contrast, the services sector remained weak (-1.0% vs -0.5%), weighed by weaker wholesale and retail trade, water transport, other transport services, finance, and business services. On the expenditure side, household consumption rebounded (4.4% vs -5.0%), while net exports added positively as export growth accelerated (7.1% vs 4.6%) and imports fell at a slower pace (-3.1% vs -21.6%). However, government spending (-9.2% vs -3.0%) and fixed investment (-1.4% vs -0.1%) fell further. Quarterly, GDP rose 10.8%, much stronger than 5.4% in Q3.

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