Brunei’s Services sector has shown volatility, peaking at 47.1% in 1998 before falling to 32.5% 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.
