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| Government Type |
constitutional sultanate |
| Legal System |
based on English common law; for Muslims, Islamic Shari'a law supersedes civil law in a number of areas |
| Currency |
Bruneian dollar (BND) |
| Economic Overview |
This small, wealthy economy encompasses a mixture of foreign and domestic entrepreneurship, government regulation, welfare measures, and village tradition. Crude oil and natural gas production account for nearly half of GDP. Per capita GDP is far above most other Third World countries, and substantial income from overseas investment supplements income from domestic production. The government provides for all medical services and subsidizes rice and housing. Brunei's leaders are concerned that steadily increased integration in the world economy will undermine internal social cohesion, although it became a more prominent player by serving as chairman for the 2000 APEC (Asian Pacific Economic Cooperation) forum. Plans for the future include upgrading the labor force, reducing unemployment, strengthening the banking and tourist sectors, and, in general, further widening the economic base beyond oil and gas. |
| Natural Resources |
petroleum, natural gas, timber |
| Primary Industries |
petroleum, petroleum refining, liquefied natural gas, construction |
| Agricultural Products |
rice, vegetables, fruits, chickens, water buffalo |
| Import Commodities |
machinery and transport equipment, manufactured goods, food, chemicals |
| Export Commodities |
crude oil, natural gas, refined products |
| Export Partners |
Japan 40.8%, South Korea 13.2, Thailand 12.3, Australia 9.3, US 8.3, Singapore 5.8, China 4.8 (2002) |
| AIRPORTS of Brunei |
| Brunei-Bandar Seri Begawan Airport |
Bandar Seri Begawan 10km (6miles), Position 04°56´00"N, 114°55´00"E |
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