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Services Sector Contribution to GDP in Brunei (1990-2022)

Services Sector Contribution to GDP in Brunei (1990-2022)

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TGM StatBox. (2024). Services Sector Contribution to GDP in Brunei (1990-2022). TGM StatBox.
Chart Details
Data Source: World Development Indicators.
Timeframe: 1990-2022
Country: Brunei
Published date: 2024
Note: Services (% of GDP), according to World Development Indicators, measures the contribution of the services sector (such as retail, finance, healthcare, and tourism) to a country's GDP.
Key Takeaways
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.

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