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Economy of Brunei vs Croatia compared: GDP & Debt

Updated on by Georank team

Brunei has a GDP of $15.3B compared to $93B for Croatia, ranking 142/197 and 75/197 by economy size, respectively.

Brunei has $351M in government debt (2.29% of GDP), compared to $53.5B (57.6% of GDP) in Croatia.

Brunei vs Croatia GDP by year

Brunei
Croatia
1x
Year GDP, current $
Brunei Croatia
2024 $15,340,808,592 $92,983,810,329
2023 $15,095,084,656 $85,624,153,964
2022 $16,681,536,467 $71,196,498,671
2021 $14,006,496,617 $69,002,365,163
2020 $12,005,799,654 $57,959,843,541
2019 $13,469,235,365 $61,466,721,186
2018 $13,566,908,391 $61,667,925,219
2017 $12,128,168,045 $56,182,782,586
2016 $11,400,266,045 $52,650,714,172
2015 $12,930,296,870 $50,998,893,385
2014 $17,097,797,386 $59,606,934,501
2013 $18,094,148,099 $59,846,265,182
2012 $19,048,443,341 $57,548,115,904
2011 $18,524,791,063 $62,889,007,657
2010 $13,707,121,038 $58,975,205,417
2009 $11,912,904,510 $62,315,996,675
2008 $15,926,456,515 $68,472,854,617
2007 $13,432,029,484 $59,290,621,398
2006 $12,644,616,419 $49,583,544,860
2005 $10,547,202,621 $45,013,119,282
2004 $8,619,178,774 $41,836,292,157
2003 $7,167,725,262 $35,245,317,002
2002 $6,333,082,876 $26,757,722,429
2001 $6,096,155,767 $23,066,883,850
2000 $6,570,999,088 $22,134,411,297
1999 $6,309,070,378 $23,777,026,779
1998 $5,550,846,020 $25,890,228,430
1997 $7,793,034,376 $24,175,764,812
1996 $7,663,377,306 $24,150,978,347
1995 $7,700,144,069 $22,772,394,547
1994 $6,467,782,518 $15,062,911,617
1993 $6,203,339,912 $11,259,647,874
1992 $6,327,966,435 $10,621,169,291
1991 $6,284,497,294 $18,760,386,775
1990 $6,039,881,087 $25,650,213,280
1989 $4,983,622,881 -
1988 $4,535,130,305 -
1987 $4,918,010,080 -
1986 $4,190,280,003 -
1985 $6,967,623,884 -
1984 $7,632,788,075 -
1983 $7,927,590,750 -
1982 $8,932,198,186 -
1981 $9,367,218,664 -
1980 $10,795,432,294 -
1979 $6,044,367,628 -
1978 $4,100,423,674 -
1977 $3,681,242,528 -
1976 $3,054,765,590 -
1975 $2,496,420,258 -
1974 $2,319,576,214 -
1973 $433,095,527 -
1972 $270,822,782 -
1971 $197,525,768 -
1970 $179,078,929 -
1969 $161,210,236 -
1968 $160,818,236 -
1967 $139,029,537 -
1966 $132,757,528 -
1965 $114,039,501 -

Data sources: World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06).

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

GDP per capita in Brunei vs Croatia by year

Brunei
GDP per capita

GDP per capita, PPP
Croatia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brunei Croatia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $33,153 $89,879 $24,050 $49,551
2023 $32,891 $85,033 $22,184 $47,760
2022 $36,633 $81,802 $18,466 $42,125
2021 $31,007 $78,249 $17,789 $36,930
2020 $26,834 $69,788 $14,808 $31,594
2019 $30,427 $69,354 $15,564 $33,064
2018 $30,988 $65,149 $15,460 $29,789
2017 $28,024 $61,658 $13,902 $27,888
2016 $26,663 $56,680 $12,820 $25,803
2015 $30,625 $62,708 $12,284 $23,750
2014 $41,027 $81,226 $14,187 $22,706
2013 $44,003 $83,237 $14,135 $22,430
2012 $46,969 $87,256 $13,508 $21,619
2011 $46,383 $82,735 $14,692 $21,191
2010 $34,938 $79,543 $13,730 $20,139
2009 $30,946 $77,957 $14,475 $20,358
2008 $42,157 $80,477 $15,888 $21,018
2007 $36,217 $83,693 $13,756 $19,568
2006 $34,675 $86,114 $11,501 $17,629
2005 $29,386 $81,534 $10,444 $15,451
2004 $24,423 $80,404 $9,719 $14,686
2003 $20,678 $79,632 $8,190 $13,692
2002 $18,621 $76,838 $6,220 $12,775
2001 $18,288 $74,254 $5,365 $11,653
2000 $20,130 $73,087 $4,954 $10,675
1999 $19,752 $70,585 $5,269 $9,943
1998 $17,769 $68,257 $5,713 $9,890
1997 $25,522 $73,980 $5,331 $9,536
1996 $25,692 $70,008 $5,300 $8,806
1995 $26,443 $70,440 $4,929 $8,052
1994 $22,767 $69,779 $3,238 $7,337
1993 $22,397 $69,387 $2,448 $6,861
1992 $23,451 $70,016 $2,321 $7,326
1991 $23,932 $72,610 $4,001 $7,918
1990 $23,659 $70,201 $5,369 $9,526
1989 $20,090 - - -
1988 $18,825 - - -
1987 $21,030 - - -
1986 $18,501 - - -
1985 $31,827 - - -
1984 $36,061 - - -
1983 $38,720 - - -
1982 $45,075 - - -
1981 $48,793 - - -
1980 $58,005 - - -
1979 $33,501 - - -
1978 $23,447 - - -
1977 $21,747 - - -
1976 $18,671 - - -
1975 $15,793 - - -
1974 $15,195 - - -
1973 $2,939 - - -
1972 $1,905 - - -
1971 $1,432 - - -
1970 $1,325 - - -
1969 $1,226 - - -
1968 $1,274 - - -
1967 $1,149 - - -
1966 $1,146 - - -
1965 $1,029 - - -

Data sources: World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06).

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

Brunei's GDP per capita is $33,153, ranking 36/197, compared to $24,050 in Croatia, ranking 50/197. Adjusted for purchasing power (GDP per capita PPP), Brunei ranks 9th at $89,879, while Croatia ranks 46th at $49,551.

Economic indicators

Brunei Croatia
Gross domestic product
$15.3B
2024
$93B
2024
GDP rank
142/197
2024
75/197
2024
GDP growth
4.05%
2023-2024
3.83%
2023-2024
GDP per capita
$33,153
2024
$24,050
2024
GDP per capita rank
36/197
2024
50/197
2024
GDP per capita, PPP
$89,879
2024
$49,551
2024
GDP per capita PPP rank
9/197
2024
46/197
2024
Government debt
$351M
2024
$53.5B
2024
Debt-to-GDP ratio
2.29%
2024
57.6%
2024
Government debt per person
$759
2024
$13,844
2024
Government debt per person rank
153/185
2024
42/185
2024
Average annual personal income after taxes
$24,405
2026
$20,856
2026
Market capitalization of domestic companies n/a
$27.8B
2024
Number of billionaires n/a
1
2025
Income share by richest 10% n/a
23.3%
2023
Income share by poorest 10% n/a
2.9%
2023
Government expenditure, % of GDP
29.8%
2024
48%
2024
Consumer prices inflation
-0.39%
2023-2024
2.97%
2023-2024
Unemployment rate
4.87%
2024
5.03%
2024
Population
470884
3812193

Spending and national debt comparison by year

Brunei
Spending

Debt
Croatia
Spending

Debt
1x
Year % of GDP
Brunei Croatia
Government spending Government debt Government spending Government debt
2024 29.8% 2.29% 48% 57.6%
2023 29.4% 2.33% 46.8% 61.8%
2022 26.4% 2.06% 45% 68.5%
2021 29.3% 2.51% 48.1% 78.2%
2020 33.2% 2.86% 53.7% 86.5%
2019 32.4% 2.58% 44.3% 70.9%
2018 32.2% 2.59% 44.9% 72.8%
2017 36.6% 2.83% 44.1% 76.2%
2016 39.4% 3% 45.9% 79.3%
2015 38.7% 2.95% 47.5% 82.8%
2014 34.1% 3.23% 48.7% 83.2%
2013 33.6% 2.21% 47.9% 79.5%
2012 31% 2.1% 47.3% 68.9%
2011 29.7% 2.13% 48.6% 63.1%
2010 36.2% 1.11% 48.1% 56.8%
2009 34.8% 1.11% 49.2% 47.9%
2008 27.2% 0.94% 46.3% 38.9%
2007 29.3% 0.68% 46.3% 37.1%
2006 28% 0.59% 44.6% 38.4%
2005 29.1% 0% 46.5% 40.9%
2004 33.2% 0% 49% 40%
2003 30.9% 0% 49.6% 37.8%
2002 41.4% 0% 49.2% 36.5%
2001 35.5% 0% 50.6% 36.6%
2000 37.5% 0% 54.6% 35.4%
1999 44.1% 0% 58.9% 30%
1998 45.4% 0% 56.8% 23.3%
1997 39% 0% 51.7% 22.5%
1996 36.9% 0% 52.1% -
1995 44% 0% 50.3% -
1994 47.1% 0% 45.4% -
1993 38% 0% 36% -
1992 34.1% 0% 37.1% -
1991 30.6% 0% - -
1990 32% 0% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1997, retrieved 2026-02-20).

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

In 2024, Brunei's government spending was $4.57B, accounting for 29.8% of its GDP, while Croatia spent $44.6B, or 48% of GDP.

Debt-to-GDP ratio is 2.29% in Brunei and 57.6% in Croatia, ranking 185/185 and 86/185, respectively.

Government deficit by year

Deficit/surplus
Brunei

Croatia
1x
Year Deficit/surplus, % of GDP
Brunei Croatia
2024 -10.2% -1.95%
2023 -10.9% -0.79%
2022 2.53% 0.12%
2021 -8.16% -2.58%
2020 -15.8% -7.23%
2019 -3.69% 2.31%
2018 -3.59% 0.23%
2017 -10.4% 0.8%
2016 -21.7% -1.04%
2015 -14.5% -3.53%
2014 3.58% -5.19%
2013 13% -5.52%
2012 15.8% -5.46%
2011 25.6% -7.53%
2010 7.61% -6.46%
2009 3.61% -7.15%
2008 36.1% -2.34%
2007 3.12% -2.28%
2006 19.8% -2.01%
2005 16% -3.24%
2004 8.57% -6.09%
2003 8.06% -5.03%
2002 -4.61% -4.9%
2001 2.59% -4.79%
2000 6.86% -9.2%
1999 -18.3% -11.1%
1998 -24% -6.36%
1997 -11.8% -4.93%
1996 -8.7% -4.41%
1995 -19.8% -4.23%
1994 -22.6% -0.82%
1993 -12.8% -2.67%
1992 -8.28% -5.69%
1991 -1.06% -
1990 -1.63% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Brunei's government deficit, the difference between spending and revenue, was $1.56B, equivalent to 10.2% of GDP. This compares to Croatia's deficit of $1.82B, or 1.95% of GDP.

Over the past 33 years, Brunei recorded a fiscal deficit in 18 of those years, while Croatia ran a deficit in 29 years. On average, Brunei posted an annual deficit equal to 1.72% of GDP, compared to deficit of 3.97% of GDP for Croatia.

Inflation comparison by year

Inflation
Brunei

Croatia
1x
Year Consumer prices inflation
Brunei Croatia
2024 -0.39% 2.97%
2023 0.36% 7.94%
2022 3.68% 10.8%
2021 1.73% 2.55%
2020 1.94% 0.15%
2019 -0.39% 0.77%
2018 1.03% 1.5%
2017 -1.26% 1.13%
2016 -0.28% -1.12%
2015 -0.49% -0.46%
2014 -0.21% -0.22%
2013 0.39% 2.22%
2012 0.11% 3.41%
2011 0.14% 2.27%
2010 0.36% 1.03%
2009 1.04% 2.38%
2008 2.08% 6.08%
2007 0.97% 2.9%
2006 0.16% 3.19%
2005 1.24% 3.32%
2004 0.81% 2.06%
2003 0.3% 1.77%
2002 -2.31% 1.67%
2001 0.6% 3.78%
2000 1.56% 4.61%
1999 -0.42% 4.02%
1998 -0.44% 6.4%
1997 1.71% 4.17%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Brunei has recorded an average annual inflation rate of 0.5%, compared with 2.9% in Croatia. In 2024, inflation was -0.39% in Brunei and 2.97% in Croatia.

Top exports between countries

Brunei
Export category Export value
Croatia
Export category Export value
Wood & paper products $21K
Textiles & consumer goods $3K
Chemicals & pharma $1K
Machinery & equipment $1K

Balance of trade

Brunei Croatia
Current account balance
$2.23B
2024
-$1.05B
2024
Current account balance ranking
45/190
2024
125/190
2024
Current account balance, % of GDP
+14.5%
2024
-1.13%
2024
Goods imports
$7.36B
2024
$41.5B
2024
Goods exports
$11.1B
2024
$21.9B
2024
Service imports
$1.75B
2024
$8.35B
2024
Service exports
$410M
2024
$24.7B
2024
Imports of goods and services, % of GDP
58.3%
2024
54.8%
2024
Exports of goods and services, % of GDP
74.3%
2024
50.1%
2024

Economic freedom indices

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

Brunei Croatia
Economic freedom 67.5 67.5
Economic freedom ranking 55/197 56/197
Property rights 66.1 81.1
Government integrity 60.4 52.6
Judicial effectiveness 48.6 71.7
Tax burden 95 70
Government spending 75.6 34.9
Fiscal health 39 92.2
Business freedom 75.3 79.6
Labor freedom 75.1 58.9
Monetary freedom 74.8 69.9
Trade freedom 84.6 79.4
Investment freedom 65 60
Financial freedom 50 60

Economic freedom comparison by year

Brunei
Croatia
1x
Year Economic freedom index
Brunei Croatia
2026 67.5 67.5
2025 67 68.7
2024 65.9 67.2
2023 65.7 66.4
2022 64.8 67.6
2021 66.6 63.6
2020 66.6 62.2
2019 65.1 61.4
2018 64.2 61
2017 69.8 59.4
2016 67.3 59.1
2015 68.9 61.5
2014 69 60.4
2013 - 61.3
2012 - 60.9
2011 - 61.1
2010 - 59.2
2009 - 55.1
2008 - 54.1
2007 - 53.4
2006 - 53.6
2005 - 51.9
2004 - 53.1
2003 - 53.3
2002 - 51.1
2001 - 50.7
2000 - 53.6
1999 - 53.1
1998 - 51.7
1997 - 46.7
1996 - 48

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Brunei is 67.5, ranking 55/197, compared to 67.5 for Croatia, ranking 56/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brunei Croatia
Services, % of GDP
39%
2024
60.8%
2024
Industry, % of GDP
61.7%
2024
19.2%
2024
Agriculture, forestry, and fishing, % of GDP
1.17%
2024
2.9%
2024
GNI, Atlas method
$16.7B
2024
$86B
2024
GNI per capita, PPP
$92,750
2024
$49,740
2024
Total reserves including gold
$4.41B
2024
$3.34B
2024
Total reserves ranking
105/177
2024
116/177
2024
Net foreign direct investment
-$29.1M
2024
-$1.88B
2024
Net inflows of foreign direct investment
$29.1M
2024
$4.54B
2024
Net outflows of foreign direct investment
$0
2024
$2.79B
2024
Poverty at national poverty lines n/a
20.3%
2023
Gross capital formation, % of GDP
27.9%
2024
24.4%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2020–2022, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. International Monetary Fund (IMF) | Public Finances in Modern History (1997, retrieved 2026-02-20)

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.

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.