What is The Economic Condition of Brunei?

Brunei is a developed country. This is because of many contributing factors like life expectancy, infant mortality rates, and literacy rates. The high life expectancy rate means that the country has a good healthcare system and along with that, doctors and others.

The HDI score is high and this is a good sign as it signifies a high quality of life. Overall, the economy is stable, almost everyone is literate and people can expect to live a long life.

While it is reliant on natural resource extraction for most of its economy and incoming revenue, It also comprises a mixture of foreign and domestic entrepreneurship, crude oil and natural gas production which intern makes up for 60% of the GDP GDP Per Capita; $54,100.

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