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Economy of Brunei vs Colombia compared: GDP & Debt

Updated on by Georank

Brunei has a GDP of $15B compared to $457B for Colombia, ranking 147/197 and 37/197 by economy size, respectively.

Brunei has $232M in government debt (1.54% of GDP), compared to $274B (59.9% of GDP) in Colombia.

Brunei vs Colombia GDP by year

Brunei
Colombia
1x
Year GDP, current $
Brunei Colombia
2025 $15,031,980,994 $457,410,034,203
2024 $15,340,808,592 $420,504,033,143
2023 $15,095,084,656 $366,901,643,683
2022 $16,681,536,467 $345,632,492,851
2021 $14,006,496,617 $318,524,633,225
2020 $12,005,799,654 $270,348,342,541
2019 $13,469,235,365 $323,031,701,193
2018 $13,566,908,391 $334,198,218,098
2017 $12,128,168,045 $311,866,875,157
2016 $11,400,266,045 $282,720,100,286
2015 $12,930,296,870 $293,492,370,193
2014 $17,097,797,386 $381,240,864,422
2013 $18,094,148,099 $382,093,697,078
2012 $19,048,443,341 $370,691,143,018
2011 $18,524,791,063 $334,966,134,805
2010 $13,707,121,038 $286,498,534,095
2009 $11,912,904,510 $232,468,663,110
2008 $15,926,456,515 $242,504,150,473
2007 $13,432,029,484 $206,229,540,926
2006 $12,644,616,419 $161,792,958,905
2005 $10,547,202,621 $145,600,529,606
2004 $8,619,178,774 $117,092,416,666
2003 $7,167,725,262 $94,644,969,157
2002 $6,333,082,876 $97,945,812,803
2001 $6,096,155,767 $98,200,641,203
2000 $6,570,999,088 $99,875,074,951
1999 $6,309,070,378 $86,186,158,685
1998 $5,550,846,020 $98,443,739,941
1997 $7,793,034,376 $106,659,508,271
1996 $7,663,377,306 $97,160,109,278
1995 $7,700,144,069 $92,507,279,383
1994 $6,467,782,518 $81,703,500,846
1993 $6,203,339,912 $66,446,804,803
1992 $6,327,966,435 $58,418,985,443
1991 $6,284,497,294 $49,175,565,911
1990 $6,039,881,087 $47,844,090,710
1989 $4,983,622,881 $39,540,080,200
1988 $4,535,130,305 $39,212,550,050
1987 $4,918,010,080 $36,373,307,085
1986 $4,190,280,003 $34,942,489,684
1985 $6,967,623,884 $34,894,411,352
1984 $7,632,788,075 $38,253,120,738
1983 $7,927,590,750 $38,729,822,782
1982 $8,932,198,186 $38,968,039,722
1981 $9,367,218,664 $36,388,366,869
1980 $10,795,432,294 $33,400,735,644
1979 $6,044,367,628 $27,940,411,250
1978 $4,100,423,674 $23,263,511,958
1977 $3,681,242,528 $19,470,960,619
1976 $3,054,765,590 $15,341,403,660
1975 $2,496,420,258 $13,098,633,902
1974 $2,319,576,214 $12,370,029,584
1973 $433,095,527 $10,315,760,000
1972 $270,822,782 $8,671,358,733
1971 $197,525,768 $7,820,380,971
1970 $179,078,929 $7,198,360,460
1969 $161,210,236 $6,450,175,214
1968 $160,818,236 $5,960,212,869
1967 $139,029,537 $5,825,170,438
1966 $132,757,528 $5,428,518,519
1965 $114,039,501 $5,760,761,905
1964 - $5,973,366,667
1963 - $4,836,166,667
1962 - $4,955,543,963
1961 - $4,540,447,761
1960 - $4,031,152,977

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/brunei/colombia | CC BY

GDP per capita in Brunei vs Colombia by year

Brunei
GDP per capita

GDP per capita, PPP
Colombia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brunei Colombia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $32,235 - $8,562 -
2024 $33,153 $89,879 $7,951 $22,349
2023 $32,891 $85,033 $7,012 $21,246
2022 $36,633 $81,802 $6,680 $20,854
2021 $31,007 $78,249 $6,223 $17,383
2020 $26,834 $69,788 $5,340 $15,519
2019 $30,427 $69,354 $6,473 $16,182
2018 $30,988 $65,149 $6,817 $15,239
2017 $28,024 $61,658 $6,480 $14,401
2016 $26,663 $56,680 $5,960 $14,027
2015 $30,625 $62,708 $6,249 $13,332
2014 $41,027 $81,226 $8,187 $13,355
2013 $44,003 $83,237 $8,279 $12,780
2012 $46,969 $87,256 $8,109 $12,093
2011 $46,383 $82,735 $7,401 $11,707
2010 $34,938 $79,543 $6,398 $10,841
2009 $30,946 $77,957 $5,251 $10,367
2008 $42,157 $80,477 $5,542 $10,307
2007 $36,217 $83,693 $4,770 $9,909
2006 $34,675 $86,114 $3,790 $9,154
2005 $29,386 $81,534 $3,456 $8,432
2004 $24,423 $80,404 $2,819 $7,909
2003 $20,678 $79,632 $2,312 $7,420
2002 $18,621 $76,838 $2,429 $7,109
2001 $18,288 $74,254 $2,473 $6,935
2000 $20,130 $73,087 $2,555 $6,776
1999 $19,752 $70,585 $2,241 $6,544
1998 $17,769 $68,257 $2,605 $6,854
1997 $25,522 $73,980 $2,873 $6,861
1996 $25,692 $70,008 $2,665 $6,639
1995 $26,443 $70,440 $2,584 $6,506
1994 $22,767 $69,779 $2,326 $6,174
1993 $22,397 $69,387 $1,929 $5,826
1992 $23,451 $70,016 $1,730 $5,509
1991 $23,932 $72,610 $1,486 $5,281
1990 $23,659 $70,201 $1,475 $5,109
1989 $20,090 - $1,244 -
1988 $18,825 - $1,260 -
1987 $21,030 - $1,193 -
1986 $18,501 - $1,169 -
1985 $31,827 - $1,192 -
1984 $36,061 - $1,336 -
1983 $38,720 - $1,384 -
1982 $45,075 - $1,425 -
1981 $48,793 - $1,362 -
1980 $58,005 - $1,280 -
1979 $33,501 - $1,095 -
1978 $23,447 - $932 -
1977 $21,747 - $798 -
1976 $18,671 - $643 -
1975 $15,793 - $561 -
1974 $15,195 - $542 -
1973 $2,939 - $462 -
1972 $1,905 - $397 -
1971 $1,432 - $367 -
1970 $1,325 - $346 -
1969 $1,226 - $318 -
1968 $1,274 - $302 -
1967 $1,149 - $303 -
1966 $1,146 - $290.3 -
1965 $1,029 - $317 -
1964 - - $339 -
1963 - - $282.6 -
1962 - - $298.5 -
1961 - - $282.1 -
1960 - - $258.3 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/brunei/colombia | CC BY

Brunei's GDP per capita is $32,235, ranking 42/197, compared to $8,562 in Colombia, ranking 94/197. Adjusted for purchasing power (GDP per capita PPP), Brunei ranks 9th at $89,879, while Colombia ranks 87th at $22,349.

Economic indicators

Brunei Colombia
Gross domestic product
$15B
2025
$457B
2025
GDP rank
147/197
2025
37/197
2025
GDP growth
0.67%
2024-2025
2.64%
2024-2025
GDP per capita
$32,235
2025
$8,562
2025
GDP per capita rank
42/197
2025
94/197
2025
GDP per capita, PPP
$89,879
2024
$22,349
2024
GDP per capita PPP rank
9/197
2024
87/197
2024
Government debt
$232M
2025
$274B
2025
Debt-to-GDP ratio
1.54%
2025
59.9%
2025
Government debt per person
$498
2025
$5,126
2025
Government debt per person rank
169/185
2025
85/185
2025
Average annual personal income after taxes
$25,392
2026
$6,463
2026
Market capitalization of domestic companies n/a
$133B
2025
Number of billionaires n/a
4
2026
Income share by richest 10% n/a
42.7%
2024
Income share by poorest 10% n/a
1%
2024
Government expenditure, % of GDP
29.9%
2025
33.2%
2025
Consumer prices inflation
-0.3%
2024-2025
5.14%
2024-2025
Central bank interest rate n/a
11.3%
2026
Unemployment rate
4.87%
2024
8.43%
2025
Population
471596
54209462

Spending and national debt comparison by year

Brunei
Spending

Debt
Colombia
Spending

Debt
1x
Year % of GDP
Brunei Colombia
Government spending Government debt Government spending Government debt
2025 29.9% 1.54% 33.2% 59.9%
2024 30.3% 1.57% 34.4% 61%
2023 30.1% 1.67% 35.1% 55.4%
2022 26.1% 1.33% 34.1% 61.3%
2021 30.1% 1.43% 34.5% 64.4%
2020 32.8% 2.16% 33.7% 65.3%
2019 32.1% 1.82% 32.9% 51%
2018 32.9% 1.9% 34.7% 51.8%
2017 36.6% 2.58% 29.3% 49.4%
2016 39.8% 3% 30% 49.9%
2015 37% 2.95% 31.3% 50.4%
2014 34% 3.23% 31.3% 43.3%
2013 33.4% 2.21% 30% 37.6%
2012 31.1% 2.1% 29.1% 34%
2011 29.9% 2.13% 30.2% 35.8%
2010 25.5% 1.11% 30.4% 36.5%
2009 34.8% 1.11% 30.9% 35.4%
2008 27.2% 0.94% 28.4% 32.4%
2007 29.3% 0.68% 28.2% 32.7%
2006 28% 0.59% 28.4% 36%
2005 29.1% 0% 25.9% 38.5%
2004 33.2% 0% 26.6% 41.5%
2003 30.9% 0% 28% 45%
2002 41.4% 0% 28.1% 47.5%
2001 35.5% 0% 27.5% 41.1%
2000 37.5% 0% 26.6% 38%
1999 44.1% 0% 28.3% 34%
1998 45.4% 0% 26.3% 27.5%
1997 39% 0% 26.2% 25.3%
1996 36.9% 0% 25.1% 23.3%
1995 44% 0% 22.2% 13.8%
1994 47.1% 0% 20.6% 12.5%
1993 38% 0% 20% 14.2%
1992 34.1% 0% 18.4% 16.1%
1991 30.6% 0% 17.7% 14.5%
1990 32% 0% 17.4% 16.7%
1989 - - 10.3% 17.3%
1988 - - 10.3% 17.9%
1987 - - 9.7% 18.9%
1986 - - 9.8% 20.2%
1985 - - 10.5% 19.3%
1984 - - 10.3% 15.5%
1983 - - 10.2% 10.8%
1982 - - 10.6% 8.8%
1981 - - 9.9% 8.5%
1980 - - 9.6% 8%
1979 - - 8.6% 7.7%
1978 - - 8.1% 7.6%
1977 - - 7.7% 9.2%
1976 - - 8% 12.2%
1975 - - 9.4% 14.6%
1974 - - 8.8% 15.9%
1973 - - 9.4% 16.3%
1972 - - 10.3% 16.9%
1971 - - 10.3% 16.2%
1970 - - 10% 16.7%
1969 - - 9.2% 17%
1968 - - 8.9% 16.2%
1967 - - 8.2% 15.8%
1966 - - 8% 15.3%
1965 - - 7% 15.2%
1964 - - 8.1% 13.1%
1963 - - 8.6% 13.9%
1962 - - 7.8% 14.8%
1961 - - 8.6% 8.7%
1960 - - 6.7% 7.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-07-08).

GeoRank.org/economy/brunei/colombia | CC BY

In 2025, Brunei's government spending was $4.5B, accounting for 29.9% of its GDP, while Colombia spent $152B, or 33.2% of GDP.

Debt-to-GDP ratio is 1.54% in Brunei and 59.9% in Colombia, ranking 185/185 and 78/185, respectively.

Government deficit by year

Deficit/surplus
Brunei

Colombia
1x
Year Deficit/surplus, % of GDP
Brunei Colombia
2025 -13.4% -5.75%
2024 -12.9% -6.04%
2023 -8.62% -2.92%
2022 -0.25% -6.36%
2021 -8.34% -7.28%
2020 -16.2% -7.12%
2019 -4.16% -3.48%
2018 -2.9% -4.67%
2017 -13.8% -2.5%
2016 -16.7% -2.27%
2015 -11.4% -3.52%
2014 1.25% -1.74%
2013 10.4% -1.02%
2012 19.5% 0.15%
2011 21.5% -1.99%
2010 11.3% -3.3%
2009 3.61% -2.67%
2008 36.1% 0.04%
2007 3.12% -0.82%
2006 19.8% -0.99%
2005 16% -0.02%
2004 8.57% -1.31%
2003 8.06% -2.7%
2002 -4.61% -3.45%
2001 2.59% -2.71%
2000 6.86% -2.94%
1999 -18.3% -5.37%
1998 -24% -3.86%
1997 -11.8% -3.23%
1996 -8.7% -2.49%
1995 -19.8% -1%
1994 -22.6% -0.14%
1993 -12.8% -0.24%
1992 -8.28% -0.07%
1991 -1.06% 0.35%
1990 -1.63% -0.41%
1989 - -1.4%
1988 - -1.3%
1987 - -0.4%
1986 - -1.4%
1985 - -2.4%
1984 - -3.3%
1983 - -3.1%
1982 - -3.6%
1981 - -2.8%
1980 - -2.2%
1979 - -0.7%
1978 - 0.3%
1977 - 0.5%
1976 - 0.6%
1975 - -0.5%
1974 - -1.2%
1973 - -1.1%
1972 - -1.7%
1971 - -1%
1970 - -0.7%
1969 - -0.5%
1968 - 0%
1967 - -0.2%
1966 - 0.1%
1965 - -0.6%
1964 - -1.1%
1963 - -1.7%
1962 - -1.6%
1961 - -1.5%
1960 - 1.2%
1959 - 2%
1958 - 1.7%
1957 - 1.4%
1956 - -0.2%
1955 - 0.7%
1954 - 1.3%
1953 - 1.3%
1952 - 1.6%
1951 - 2.1%
1950 - 0.9%
1949 - 0.5%
1948 - -0.1%
1947 - 0.2%
1946 - -0.5%
1945 - 0.1%
1944 - -0.2%
1943 - -0.7%
1942 - -1.5%
1941 - 0%
1940 - -1.5%
1939 - 0.8%
1938 - 0.5%
1937 - 1.4%
1936 - 1.1%
1935 - 1.3%
1934 - 0.2%
1933 - -0.4%
1932 - -0.8%
1931 - -0.2%
1930 - 0.3%
1929 - 0.4%
1928 - -0.4%
1927 - -0.6%
1926 - 0%
1925 - 1%
1924 - 0.5%
1923 - 0.3%
1922 - -0.7%
1921 - -1.6%
1920 - 0.4%
1919 - -0.8%
1918 - -2.1%
1917 - -0.5%
1916 - 0.2%
1915 - -0.2%
1914 - -0.5%
1913 - 0.5%
1912 - -0.3%
1911 - -0.1%
1910 - -0.3%
1909 - -3.3%
1908 - -2.7%
1907 - -2.7%
1906 - 0.2%
1905 - -0.9%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1905–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/brunei/colombia | CC BY

In 2025, Brunei's government deficit, the difference between spending and revenue, was $2.02B, equivalent to 13.4% of GDP. This compares to Colombia's deficit of $26.3B, or 5.75% of GDP.

Over the past 36 years, Brunei recorded a fiscal deficit in 22 of those years, while Colombia ran a deficit in 33 years. On average, Brunei posted an annual deficit equal to 2.04% of GDP, compared to deficit of 2.61% of GDP for Colombia.

Inflation comparison by year

Inflation
Brunei

Colombia
1x
Year Consumer prices inflation
Brunei Colombia
2025 -0.3% 5.14%
2024 -0.39% 6.61%
2023 0.36% 11.7%
2022 3.68% 10.2%
2021 1.73% 3.5%
2020 1.94% 2.53%
2019 -0.39% 3.52%
2018 1.03% 3.24%
2017 -1.26% 4.31%
2016 -0.28% 7.51%
2015 -0.49% 4.99%
2014 -0.21% 2.9%
2013 0.39% 2.02%
2012 0.11% 3.17%
2011 0.14% 3.42%
2010 0.36% 2.27%
2009 1.04% 4.2%
2008 2.08% 7%
2007 0.97% 5.54%
2006 0.16% 4.29%
2005 1.24% 5.05%
2004 0.81% 5.9%
2003 0.3% 7.13%
2002 -2.31% 6.35%
2001 0.6% 7.97%
2000 1.56% 9.23%
1999 -0.42% 10.9%
1998 -0.44% 18.7%
1997 1.71% 18.5%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/brunei/colombia | CC BY

Over the past 29 years, Brunei has recorded an average annual inflation rate of 0.47%, compared with 6.47% in Colombia. In 2025, inflation was -0.3% in Brunei and 5.14% in Colombia.

Top exports between countries

Brunei
Export category Export value
Raw materials & minerals $3.73M
Chemicals & pharma $35K
Machinery & equipment $16K
Textiles & consumer goods $2K
Colombia
Export category Export value
Raw materials & minerals $25.3M
Machinery & equipment $15K
Metals $6K
Miscellaneous $4K

Balance of trade

Brunei Colombia
Current account balance
$2.71B
2025
-$10.9B
2025
Current account balance ranking
40/190
2025
176/190
2025
Current account balance, % of GDP
+18%
2025
-2.38%
2025
Goods imports
$6.28B
2025
$66.3B
2025
Goods exports
$10.3B
2025
$51.5B
2025
Service imports
$1.54B
2025
$19.6B
2025
Service exports
$463M
2025
$19.6B
2025
Imports of goods and services, % of GDP
52%
2025
20.4%
2025
Exports of goods and services, % of GDP
71.6%
2025
15%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Brunei Colombia
Economic freedom 67.5 59.8
Economic freedom ranking 55/197 101/197
Property rights 66.1 43.1
Government integrity 60.4 41.6
Judicial effectiveness 48.6 57.4
Tax burden 95 68.6
Government spending 75.6 64
Fiscal health 39 49.8
Business freedom 75.3 71.2
Labor freedom 75.1 59.1
Monetary freedom 74.8 71.9
Trade freedom 84.6 71.4
Investment freedom 65 60
Financial freedom 50 60

Economic freedom comparison by year

Brunei
Colombia
1x
Year Economic freedom index
Brunei Colombia
2026 67.5 59.8
2025 67 59.8
2024 65.9 59.2
2023 65.7 63.1
2022 64.8 65.1
2021 66.6 68.1
2020 66.6 69.2
2019 65.1 67.3
2018 64.2 68.9
2017 69.8 69.7
2016 67.3 70.8
2015 68.9 71.7
2014 69 70.7
2013 - 69.6
2012 - 68
2011 - 68
2010 - 65.5
2009 - 62.3
2008 - 62.2
2007 - 59.9
2006 - 60.4
2005 - 59.6
2004 - 61.2
2003 - 64.2
2002 - 64.2
2001 - 65.6
2000 - 63.3
1999 - 65.3
1998 - 65.5
1997 - 66.4
1996 - 64.3
1995 - 64.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/brunei/colombia | CC BY

The Economic Freedom Index for Brunei is 67.5, ranking 55/197, compared to 59.8 for Colombia, ranking 101/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brunei Colombia
Services, % of GDP
40.2%
2025
58.5%
2025
Industry, % of GDP
60%
2025
21.8%
2025
Agriculture, forestry, and fishing, % of GDP
1.18%
2025
9.95%
2025
GNI, Atlas method
$16.2B
2025
$422B
2025
GNI per capita, PPP
$95,420
2025
$22,250
2025
Total reserves including gold
$5.49B
2025
$65.8B
2025
Total reserves ranking
100/177
2025
41/177
2025
Net foreign direct investment
-$157M
2025
-$7.31B
2025
Net inflows of foreign direct investment
$29.1M
2024
$13.7B
2024
Net outflows of foreign direct investment
$0
2024
$4.51B
2024
Servicing debt to the IMF, % of GNI n/a
8.17%
2024
Poverty at national poverty lines n/a
31.8%
2024
Gross capital formation, % of GDP
27.1%
2025
16.7%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/brunei/colombia | CC BY

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Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1905–1995, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2022–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.