Government Consumption in Brunei
The economy of Brunei recorded an average growth rate of 0.6% in government consumption in the decade to 2022. In 2022, government consumption growth was 6.9%.
Brunei Government Consumption Chart
Note: This chart displays Government Consumption (ann. var. %) for Brunei from 2021 to 2020.
Source: Macrobond.
Brunei Government Consumption Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Government Consumption (ann. var. %) | 1.8 | -9.6 | 2.6 | 6.9 | -2.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Bruneian government consumption projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable government consumption forecast available for Bruneian government consumption.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Bruneian government consumption projections.
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