600 Virginia Avenue NW,
Washington, DC 20037
telephone: [1] (202) 342-0159
FAX: [1] (202) 342-0158
Diplomatic representation from the US:
chief of mission: Ambassador Glen Robert RASE
embassy: Third Floor, Teck Guan Plaza, Jalan Sultan, Bandar Seri
Begawan
mailing address : American Embassy Box B, Bandar Seri Begawan, APO AP
96440
telephone: [673] (2) 229670
FAX: [673] (2) 225293
Flag description: yellow with two diagonal bands of white (top, almost
double width) and black starting from the upper hoist side; the
national emblem in red is superimposed at the center; the emblem
includes a swallow-tailed flag on top of a winged column within an
upturned crescent above a scroll and flanked by two upraised hands
Economy
Economy - overview: This small, wealthy economy is a mixture of
foreign and domestic entrepreneurship, government regulation and
welfare measures, and village tradition. It is almost totally
supported by exports of crude oil and natural gas, with revenues from
the petroleum sector accounting for perhaps half of GDP. Per capita
GDP is among the highest in the Third World, and substantial income
from overseas investment supplements income from domestic production.
The government provides for all medical services and subsidizes food
and housing. The government is beginning to show progress on its basic
policy of diversifying the economy away from oil and gas. Brunei's
leaders are concerned that steadily increased integration in the world
economy will undermine internal social cohesion.
GDP: purchasing power parity - $4.6 billion (1995 est.)
GDP - real growth rate: 2% (1995 est.)
GDP - per capita: purchasing power parity - $15,800 (1995 est.)
GDP - composition by sector:
agriculture : 3%
industry: 46%
services: 51% (1995 est.)
Inflation rate - consumer price index: 2.5% (1996 est.)
Labor force:
total: 119,000 (1993 est.); note - includes members of the Army
by occupation: government 48%, production of oil, natural gas,
services, and construction 42%, agriculture, forestry, and fishing 4%,
other 6% (1986 est.)
note : 33% of labor force is foreign (1988)
Unemployment rate: 4.8% (1994 est.)
Budget:
revenues: $2.5 billion
expenditures : $2.6 billion, including capital expenditures of $768
million (1995 est.)
Industries: petroleum, petroleum refining, liquefied natural gas,
construction
Industrial production growth rate: 2% (1995 est.)
Electricity - capacity: 344,000 kW (19
|