Brunei’s Services sector has shown volatility, peaking at in 1998 before falling to in 2022. This fluctuation reflects the influence of oil and gas dependence on the economy, with lower services contributions during periods of strong oil performance and vice versa.
Gain a broader perspective by reviewing Brunei’s net lending/borrowing rate as a percentage of GDP, Brunei’s urbanization rate, Brunei’s agriculture share in GDP.