Brunei Darussalam's Gross Domestic Product, GDP at constant prices recorded a contraction of 0.3 per cent in the second quarter of 2025 compared to the same period last year. GDP declined from 4.63 billion dollar in second quarter this year.
The Oil and Gas Sector grew by 1.5 per cent, while the Non-Oil and Gas Sector registered a 1.8 per cent decline. The expansion of the Oil and Gas Sector was primarily driven by higher crude oil production from both existing and new oil wells.
However, natural gas and Liquefied Natural Gas production declined, following scheduled and unscheduled maintenance activities. The decline of the Non-Oil and Gas Sector was primarily attributed to a decline in the subsectors, including Finance, Other Manufacturing, Wholesale and Retail Trade, and Business Services.
At current prices, the economy in second quarter this year stood at 4.9 billion dollar, down from 5.2 billion in second quarter 2024. The Non-Oil and Gas Sector accounted for 50.5 per cent, which includes downstream activities such as the manufacture of petroleum and chemical products. Whereas the Oil and Gas Sector, comprises of oil and gas mining, and the manufacture of liquefied natural gas, contributed 49.5 per cent.
By economic activities, in terms of GDP contribution for second quarter this year, the Industry Sector, followed by Services Sector, and the Agriculture, Forestry and Fishery Sector. By the expenditure approach, Government Final Consumption Expenditure increased by 12 per cent. Whereas other components registered a decline, including Net Exports of Goods and Services, Gross Capital Formation (physical asset investment), and Household Final Consumption Expenditure.
The full report for the GDP second quarter 2025 is available from DEPS's website.