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Economy of Brunei vs Cyprus compared: GDP & Debt

Updated on by Georank

Brunei has a GDP of $15B compared to $41.2B for Cyprus, ranking 147/197 and 103/197 by economy size, respectively.

Brunei has $232M in government debt (1.54% of GDP), compared to $22.8B (55.3% of GDP) in Cyprus.

Brunei vs Cyprus GDP by year

Brunei
Cyprus
1x
Year GDP, current $
Brunei Cyprus
2025 $15,031,980,994 $41,225,787,247
2024 $15,340,808,592 $37,634,551,821
2023 $15,095,084,656 $35,075,440,603
2022 $16,681,536,467 $31,218,047,044
2021 $14,006,496,617 $30,372,637,513
2020 $12,005,799,654 $25,555,082,267
2019 $13,469,235,365 $26,196,660,680
2018 $13,566,908,391 $25,754,011,492
2017 $12,128,168,045 $22,946,583,376
2016 $11,400,266,045 $21,046,452,117
2015 $12,930,296,870 $19,909,269,065
2014 $17,097,797,386 $23,225,912,183
2013 $18,094,148,099 $23,959,708,956
2012 $19,048,443,341 $25,047,433,100
2011 $18,524,791,063 $27,641,553,201
2010 $13,707,121,038 $25,799,940,416
2009 $11,912,904,510 $26,048,190,775
2008 $15,926,456,515 $27,958,384,913
2007 $13,432,029,484 $23,968,727,074
2006 $12,644,616,419 $20,072,754,987
2005 $10,547,202,621 $18,433,412,511
2004 $8,619,178,774 $17,320,551,250
2003 $7,167,725,262 $14,547,329,558
2002 $6,333,082,876 $11,420,228,846
2001 $6,096,155,767 $10,397,898,907
2000 $6,570,999,088 $9,985,847,314
1999 $6,309,070,378 $10,497,907,228
1998 $5,550,846,020 $10,248,618,778
1997 $7,793,034,376 $9,547,816,420
1996 $7,663,377,306 $10,011,914,680
1995 $7,700,144,069 $9,933,137,128
1994 $6,467,782,518 $7,425,703,929
1993 $6,203,339,912 $6,590,291,048
1992 $6,327,966,435 $6,912,150,456
1991 $6,284,497,294 $5,770,197,348
1990 $6,039,881,087 $5,591,130,218
1989 $4,983,622,881 $4,563,482,604
1988 $4,535,130,305 $4,278,792,597
1987 $4,918,010,080 $3,704,813,886
1986 $4,190,280,003 $3,090,734,463
1985 $6,967,623,884 $2,430,411,900
1984 $7,632,788,075 $2,278,248,953
1983 $7,927,590,750 $2,160,364,071
1982 $8,932,198,186 $2,159,242,417
1981 $9,367,218,664 $2,087,496,374
1980 $10,795,432,294 $2,154,311,277
1979 $6,044,367,628 $1,288,699,776
1978 $4,100,423,674 $964,024,364
1977 $3,681,242,528 $734,876,021
1976 $3,054,765,590 $576,090,074
1975 $2,496,420,258 $489,912,574
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 (1965–2025, retrieved 2026-07-08).

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

GDP per capita in Brunei vs Cyprus by year

Brunei
GDP per capita

GDP per capita, PPP
Cyprus
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brunei Cyprus
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $32,235 - $30,075 -
2024 $33,153 $89,879 $27,707 $63,007
2023 $32,891 $85,033 $26,079 $59,875
2022 $36,633 $81,802 $23,448 $55,876
2021 $31,007 $78,249 $23,057 $47,633
2020 $26,834 $69,788 $19,624 $42,569
2019 $30,427 $69,354 $20,360 $44,394
2018 $30,988 $65,149 $20,267 $40,262
2017 $28,024 $61,658 $18,295 $37,768
2016 $26,663 $56,680 $17,013 $35,247
2015 $30,625 $62,708 $16,326 $31,380
2014 $41,027 $81,226 $19,326 $29,893
2013 $44,003 $83,237 $20,238 $30,416
2012 $46,969 $87,256 $21,493 $31,924
2011 $46,383 $82,735 $24,110 $33,406
2010 $34,938 $79,543 $22,876 $33,502
2009 $30,946 $77,957 $23,480 $33,901
2008 $42,157 $80,477 $25,626 $34,830
2007 $36,217 $83,693 $22,344 $32,888
2006 $34,675 $86,114 $19,037 $30,009
2005 $29,386 $81,534 $17,790 $27,763
2004 $24,423 $80,404 $17,016 $25,942
2003 $20,678 $79,632 $14,553 $24,278
2002 $18,621 $76,838 $11,636 $23,556
2001 $18,288 $74,254 $10,785 $22,866
2000 $20,130 $73,087 $10,537 $21,296
1999 $19,752 $70,585 $11,273 $19,663
1998 $17,769 $68,257 $11,206 $18,760
1997 $25,522 $73,980 $10,637 $17,781
1996 $25,692 $70,008 $11,373 $17,320
1995 $26,443 $70,440 $11,514 $17,096
1994 $22,767 $69,779 $8,791 $15,735
1993 $22,397 $69,387 $7,978 $14,852
1992 $23,451 $70,016 $8,530 $14,759
1991 $23,932 $72,610 $7,222 $13,546
1990 $23,659 $70,201 $7,092 $13,348
1989 $20,090 - $5,870 -
1988 $18,825 - $5,584 -
1987 $21,030 - $4,908 -
1986 $18,501 - $4,159 -
1985 $31,827 - $3,324 -
1984 $36,061 - $3,167 -
1983 $38,720 - $3,055 -
1982 $45,075 - $3,100 -
1981 $48,793 - $3,030 -
1980 $58,005 - $3,154 -
1979 $33,501 - $1,902 -
1978 $23,447 - $1,434 -
1977 $21,747 - $1,102 -
1976 $18,671 - $870 -
1975 $15,793 - $743 -
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 (1965–2025, retrieved 2026-07-08).

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

Brunei's GDP per capita is $32,235, ranking 42/197, compared to $30,075 in Cyprus, ranking 45/197. Adjusted for purchasing power (GDP per capita PPP), Brunei ranks 9th at $89,879, while Cyprus ranks 29th at $63,007.

Economic indicators

Brunei Cyprus
Gross domestic product
$15B
2025
$41.2B
2025
GDP rank
147/197
2025
103/197
2025
GDP growth
0.67%
2024-2025
3.77%
2024-2025
GDP per capita
$32,235
2025
$30,075
2025
GDP per capita rank
42/197
2025
45/197
2025
GDP per capita, PPP
$89,879
2024
$63,007
2024
GDP per capita PPP rank
9/197
2024
29/197
2024
Government debt
$232M
2025
$22.8B
2025
Debt-to-GDP ratio
1.54%
2025
55.3%
2025
Government debt per person
$498
2025
$16,632
2025
Government debt per person rank
169/185
2025
40/185
2025
Average annual personal income after taxes
$25,392
2026
$24,626
2026
Market capitalization of domestic companies n/a
$27.9B
2025
Number of millionaires n/a
24,000
2026
Number of billionaires n/a
10
2026
Income share by richest 10% n/a
26.3%
2023
Income share by poorest 10% n/a
3.6%
2023
Government expenditure, % of GDP
29.9%
2025
40.4%
2025
Consumer prices inflation
-0.3%
2024-2025
0.13%
2024-2025
Unemployment rate
4.87%
2024
4.4%
2025
Population
471596
1388591

Spending and national debt comparison by year

Brunei
Spending

Debt
Cyprus
Spending

Debt
1x
Year % of GDP
Brunei Cyprus
Government spending Government debt Government spending Government debt
2025 29.9% 1.54% 40.4% 55.3%
2024 30.3% 1.57% 38.3% 62.8%
2023 30.1% 1.67% 40.6% 71.1%
2022 26.1% 1.33% 37.7% 80.3%
2021 30.1% 1.43% 42.7% 96.5%
2020 32.8% 2.16% 45.9% 113.6%
2019 32.1% 1.82% 40.3% 92.3%
2018 32.9% 1.9% 44.3% 100.7%
2017 36.6% 2.58% 38.4% 96.4%
2016 39.8% 3% 39.6% 106.8%
2015 37% 2.95% 43% 111.6%
2014 34% 3.23% 52.1% 113%
2013 33.4% 2.21% 42.1% 102.7%
2012 31.1% 2.1% 41.9% 79.2%
2011 29.9% 2.13% 42.1% 64.8%
2010 25.5% 1.11% 41.7% 55.3%
2009 34.8% 1.11% 41.9% 52.8%
2008 27.2% 0.94% 38.2% 44.1%
2007 29.3% 0.68% 37.6% 53.1%
2006 28% 0.59% 39.1% 59%
2005 29.1% 0% 39.7% 64%
2004 33.2% 0% 38.6% 64.7%
2003 30.9% 0% 40.4% 63%
2002 41.4% 0% 37.4% 61%
2001 35.5% 0% 35.7% 57.5%
2000 37.5% 0% 35% 56%
1999 44.1% 0% 34.3% 55.7%
1998 45.4% 0% 34.4% 55%
1997 39% 0% 34.2% 53.5%
1996 36.9% 0% 32.4% 48.8%
1995 44% 0% 30.4% 46.7%
1994 47.1% 0% - -
1993 38% 0% - -
1992 34.1% 0% - -
1991 30.6% 0% - -
1990 32% 0% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Brunei's government spending was $4.5B, accounting for 29.9% of its GDP, while Cyprus spent $16.7B, or 40.4% of GDP.

Debt-to-GDP ratio is 1.54% in Brunei and 55.3% in Cyprus, ranking 185/185 and 89/185, respectively.

Government deficit by year

Deficit/surplus
Brunei

Cyprus
1x
Year Deficit/surplus, % of GDP
Brunei Cyprus
2025 -13.4% 2.99%
2024 -12.9% 4.14%
2023 -8.62% 1.71%
2022 -0.25% 2.69%
2021 -8.34% -1.59%
2020 -16.2% -5.57%
2019 -4.16% 1.03%
2018 -2.9% -3.36%
2017 -13.8% 2.13%
2016 -16.7% 0.45%
2015 -11.4% -0.77%
2014 1.25% -8.8%
2013 10.4% -5.16%
2012 19.5% -5.55%
2011 21.5% -5.65%
2010 11.3% -4.68%
2009 3.61% -5.43%
2008 36.1% 0.87%
2007 3.12% 3.23%
2006 19.8% -1.04%
2005 16% -2.22%
2004 8.57% -3.71%
2003 8.06% -5.91%
2002 -4.61% -4.13%
2001 2.59% -2.11%
2000 6.86% -2.24%
1999 -18.3% -4.05%
1998 -24% -3.85%
1997 -11.8% -4.82%
1996 -8.7% -2.96%
1995 -19.8% -0.71%
1994 -22.6% -
1993 -12.8% -
1992 -8.28% -
1991 -1.06% -
1990 -1.63% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/brunei/cyprus | 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 Cyprus' surplus of $1.23B, or 2.99% of GDP.

Over the past 31 years, Brunei recorded a fiscal deficit in 17 of those years, while Cyprus ran a deficit in 22 years. On average, Brunei posted an annual deficit equal to 0.87% of GDP, compared to deficit of 2.1% of GDP for Cyprus.

Inflation comparison by year

Inflation
Brunei

Cyprus
1x
Year Consumer prices inflation
Brunei Cyprus
2025 -0.3% 0.13%
2024 -0.39% 1.8%
2023 0.36% 3.54%
2022 3.68% 8.4%
2021 1.73% 2.45%
2020 1.94% -0.64%
2019 -0.39% 0.25%
2018 1.03% 1.44%
2017 -1.26% 0.53%
2016 -0.28% -1.43%
2015 -0.49% -2.1%
2014 -0.21% -1.35%
2013 0.39% -0.4%
2012 0.11% 2.39%
2011 0.14% 3.29%
2010 0.36% 2.43%
2009 1.04% 0.33%
2008 2.08% 4.67%
2007 0.97% 2.37%
2006 0.16% 2.3%
2005 1.24% 2.56%
2004 0.81% 2.29%
2003 0.3% 4.14%
2002 -2.31% 2.8%
2001 0.6% 1.97%
2000 1.56% 4.14%
1999 -0.42% 1.63%
1998 -0.44% 2.23%
1997 1.71% 3.61%

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

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

Over the past 29 years, Brunei has recorded an average annual inflation rate of 0.47%, compared with 1.92% in Cyprus. In 2025, inflation was -0.3% in Brunei and 0.13% in Cyprus.

Top exports between countries

Brunei
Export category Export value
Machinery & equipment $3K
Miscellaneous $2K
Cyprus
Export category Export value
Processed food, beverages & tobacco $76K
Chemicals & pharma $15K
Machinery & equipment $13K
Textiles & consumer goods $3K

Balance of trade

Brunei Cyprus
Current account balance
$2.71B
2025
-$2.59B
2025
Current account balance ranking
40/190
2025
149/190
2025
Current account balance, % of GDP
+18%
2025
-6.29%
2025
Goods imports
$6.28B
2025
$12.6B
2025
Goods exports
$10.3B
2025
$4.62B
2025
Service imports
$1.54B
2025
$25.3B
2025
Service exports
$463M
2025
$35.7B
2025
Imports of goods and services, % of GDP
52%
2025
91.9%
2025
Exports of goods and services, % of GDP
71.6%
2025
97.6%
2025

Economic freedom indices

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

Brunei Cyprus
Economic freedom 67.5 74.1
Economic freedom ranking 55/197 21/197
Property rights 66.1 85.1
Government integrity 60.4 59.7
Judicial effectiveness 48.6 89.8
Tax burden 95 80.8
Government spending 75.6 52.1
Fiscal health 39 91.5
Business freedom 75.3 82.3
Labor freedom 75.1 60.3
Monetary freedom 74.8 78.7
Trade freedom 84.6 79.4
Investment freedom 65 70
Financial freedom 50 60

Economic freedom comparison by year

Brunei
Cyprus
1x
Year Economic freedom index
Brunei Cyprus
2026 67.5 74.1
2025 67 73.2
2024 65.9 72.2
2023 65.7 72.3
2022 64.8 72.9
2021 66.6 71.4
2020 66.6 70.1
2019 65.1 68.1
2018 64.2 67.8
2017 69.8 67.9
2016 67.3 68.7
2015 68.9 67.9
2014 69 67.6
2013 - 69
2012 - 71.8
2011 - 73.3
2010 - 70.9
2009 - 70.8
2008 - 71.3
2007 - 71.7
2006 - 71.8
2005 - 71.9
2004 - 74.1
2003 - 73.3
2002 - 73
2001 - 71
2000 - 67.2
1999 - 67.8
1998 - 68.2
1997 - 67.9
1996 - 67.7

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Brunei is 67.5, ranking 55/197, compared to 74.1 for Cyprus, ranking 21/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brunei Cyprus
Services, % of GDP
40.2%
2025
76.8%
2025
Industry, % of GDP
60%
2025
11.1%
2025
Agriculture, forestry, and fishing, % of GDP
1.18%
2025
1.12%
2025
GNI, Atlas method
$16.2B
2025
$35.6B
2025
GNI per capita, PPP
$95,420
2025
$57,390
2025
Total reserves including gold
$5.49B
2025
$2.95B
2025
Total reserves ranking
100/177
2025
121/177
2025
Net foreign direct investment
-$157M
2025
-$9.59B
2025
Net inflows of foreign direct investment
$29.1M
2024
-$50.4B
2024
Net outflows of foreign direct investment
$0
2024
-$55.9B
2024
Poverty at national poverty lines n/a
13.9%
2021
Gross capital formation, % of GDP
27.1%
2025
19.3%
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/cyprus | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1965–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2020–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. 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.

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.