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Economy of Brunei vs Denmark compared: GDP & Debt

Updated on by Georank

Brunei has a GDP of $15B compared to $463B for Denmark, ranking 147/197 and 36/197 by economy size, respectively.

Brunei has $232M in government debt (1.54% of GDP), compared to $127B (27.5% of GDP) in Denmark.

Brunei vs Denmark GDP by year

Brunei
Denmark
1x
Year GDP, current $
Brunei Denmark
2025 $15,031,980,994 $462,526,660,468
2024 $15,340,808,592 $424,524,722,037
2023 $15,095,084,656 $404,651,706,118
2022 $16,681,536,467 $400,114,306,337
2021 $14,006,496,617 $406,110,162,088
2020 $12,005,799,654 $355,631,021,932
2019 $13,469,235,365 $345,401,473,013
2018 $13,566,908,391 $355,293,374,912
2017 $12,128,168,045 $331,610,593,962
2016 $11,400,266,045 $312,181,849,372
2015 $12,930,296,870 $301,758,922,338
2014 $17,097,797,386 $352,832,602,064
2013 $18,094,148,099 $344,631,016,965
2012 $19,048,443,341 $326,792,574,245
2011 $18,524,791,063 $344,315,595,263
2010 $13,707,121,038 $322,345,594,075
2009 $11,912,904,510 $322,619,152,195
2008 $15,926,456,515 $354,979,471,960
2007 $13,432,029,484 $320,213,157,595
2006 $12,644,616,419 $283,386,151,544
2005 $10,547,202,621 $265,150,087,712
2004 $8,619,178,774 $251,986,155,631
2003 $7,167,725,262 $218,421,193,436
2002 $6,333,082,876 $178,788,209,558
2001 $6,096,155,767 $164,881,594,415
2000 $6,570,999,088 $164,043,817,224
1999 $6,309,070,378 $177,887,720,536
1998 $5,550,846,020 $176,877,077,513
1997 $7,793,034,376 $173,241,365,735
1996 $7,663,377,306 $187,481,157,846
1995 $7,700,144,069 $184,848,481,008
1994 $6,467,782,518 $156,017,919,221
1993 $6,203,339,912 $143,111,306,004
1992 $6,327,966,435 $152,966,494,260
1991 $6,284,497,294 $139,180,507,778
1990 $6,039,881,087 $138,217,740,684
1989 $4,983,622,881 $112,312,200,761
1988 $4,535,130,305 $115,540,189,705
1987 $4,918,010,080 $109,183,446,340
1986 $4,190,280,003 $87,748,695,217
1985 $6,967,623,884 $62,452,421,011
1984 $7,632,788,075 $58,868,891,335
1983 $7,927,590,750 $60,331,158,447
1982 $8,932,198,186 $60,084,214,872
1981 $9,367,218,664 $61,459,941,461
1980 $10,795,432,294 $70,811,287,816
1979 $6,044,367,628 $70,393,030,603
1978 $4,100,423,674 $60,320,089,218
1977 $3,681,242,528 $49,711,709,588
1976 $3,054,765,590 $44,503,607,444
1975 $2,496,420,258 $40,418,967,666
1974 $2,319,576,214 $34,125,712,481
1973 $433,095,527 $30,718,181,337
1972 $270,822,782 $23,230,667,549
1971 $197,525,768 $19,086,192,720
1970 $179,078,929 $17,075,457,733
1969 $161,210,236 $15,414,902,667
1968 $160,818,236 $13,505,574,133
1967 $139,029,537 $13,059,064,806
1966 $132,757,528 $11,931,740,293
1965 $114,039,501 $10,870,670,865
1964 - $9,677,401,337
1963 - $8,466,044,980
1962 - $7,953,274,741
1961 - $7,058,361,229
1960 - $6,361,166,545

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

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

GDP per capita in Brunei vs Denmark by year

Brunei
GDP per capita

GDP per capita, PPP
Denmark
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brunei Denmark
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $32,235 - $76,970 -
2024 $33,153 $89,879 $71,026 $81,878
2023 $32,891 $85,033 $68,044 $77,892
2022 $36,633 $81,802 $67,781 $78,914
2021 $31,007 $78,249 $69,341 $69,715
2020 $26,834 $69,788 $60,985 $62,682
2019 $30,427 $69,354 $59,404 $60,595
2018 $30,988 $65,149 $61,325 $57,234
2017 $28,024 $61,658 $57,522 $55,272
2016 $26,663 $56,680 $54,501 $51,821
2015 $30,625 $62,708 $53,094 $48,897
2014 $41,027 $81,226 $62,520 $47,880
2013 $44,003 $83,237 $61,378 $46,869
2012 $46,969 $87,256 $58,444 $44,755
2011 $46,383 $82,735 $61,810 $44,444
2010 $34,938 $79,543 $58,105 $43,038
2009 $30,946 $77,957 $58,413 $40,524
2008 $42,157 $80,477 $64,617 $41,467
2007 $36,217 $83,693 $58,632 $39,110
2006 $34,675 $86,114 $52,119 $37,392
2005 $29,386 $81,534 $48,926 $34,238
2004 $24,423 $80,404 $46,625 $33,016
2003 $20,678 $79,632 $40,519 $30,864
2002 $18,621 $76,838 $33,257 $30,667
2001 $18,288 $74,254 $30,768 $29,459
2000 $20,130 $73,087 $30,722 $28,648
1999 $19,752 $70,585 $33,426 $26,642
1998 $17,769 $68,257 $33,346 $25,799
1997 $25,522 $73,980 $32,780 $24,887
1996 $25,692 $70,008 $35,622 $23,723
1995 $26,443 $70,440 $35,321 $22,677
1994 $22,767 $69,779 $29,968 $21,669
1993 $22,397 $69,387 $27,582 $20,217
1992 $23,451 $70,016 $29,579 $19,830
1991 $23,932 $72,610 $27,003 $19,067
1990 $23,659 $70,201 $26,886 $18,225
1989 $20,090 - $21,882 -
1988 $18,825 - $22,525 -
1987 $21,030 - $21,296 -
1986 $18,501 - $17,137 -
1985 $31,827 - $12,213 -
1984 $36,061 - $11,517 -
1983 $38,720 - $11,797 -
1982 $45,075 - $11,740 -
1981 $48,793 - $12,000 -
1980 $58,005 - $13,822 -
1979 $33,501 - $13,757 -
1978 $23,447 - $11,818 -
1977 $21,747 - $9,770 -
1976 $18,671 - $8,773 -
1975 $15,793 - $7,988 -
1974 $15,195 - $6,764 -
1973 $2,939 - $6,117 -
1972 $1,905 - $4,654 -
1971 $1,432 - $3,846 -
1970 $1,325 - $3,464 -
1969 $1,226 - $3,151 -
1968 $1,274 - $2,776 -
1967 $1,149 - $2,701 -
1966 $1,146 - $2,487 -
1965 $1,029 - $2,284 -
1964 - - $2,049 -
1963 - - $1,807 -
1962 - - $1,711 -
1961 - - $1,531 -
1960 - - $1,389 -

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

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

Brunei's GDP per capita is $32,235, ranking 42/197, compared to $76,970 in Denmark, ranking 11/197. Adjusted for purchasing power (GDP per capita PPP), Brunei ranks 9th at $89,879, while Denmark ranks 14th at $81,878.

Economic indicators

Brunei Denmark
Gross domestic product
$15B
2025
$463B
2025
GDP rank
147/197
2025
36/197
2025
GDP growth
0.67%
2024-2025
2.93%
2024-2025
GDP per capita
$32,235
2025
$76,970
2025
GDP per capita rank
42/197
2025
11/197
2025
GDP per capita, PPP
$89,879
2024
$81,878
2024
GDP per capita PPP rank
9/197
2024
14/197
2024
Government debt
$232M
2025
$127B
2025
Debt-to-GDP ratio
1.54%
2025
27.5%
2025
Government debt per person
$498
2025
$21,192
2025
Government debt per person rank
169/185
2025
32/185
2025
Average annual personal income after taxes
$25,392
2026
$52,602
2026
Market capitalization of domestic companies n/a
$151B
2004
Number of millionaires n/a
376,000
2025
Number of billionaires n/a
9
2026
Income share by richest 10% n/a
25.5%
2023
Income share by poorest 10% n/a
3.6%
2023
Government expenditure, % of GDP
29.9%
2025
47.6%
2025
Consumer prices inflation
-0.3%
2024-2025
1.89%
2024-2025
Central bank interest rate n/a
1.6%
2025
Unemployment rate
4.87%
2024
6.4%
2025
Population
471596
6042125

Spending and national debt comparison by year

Brunei
Spending

Debt
Denmark
Spending

Debt
1x
Year % of GDP
Brunei Denmark
Government spending Government debt Government spending Government debt
2025 29.9% 1.54% 47.6% 27.5%
2024 30.3% 1.57% 47.3% 30.5%
2023 30.1% 1.67% 47.4% 33%
2022 26.1% 1.33% 45.1% 33.3%
2021 30.1% 1.43% 49.7% 39.6%
2020 32.8% 2.16% 53.3% 45.2%
2019 32.1% 1.82% 49.8% 38.3%
2018 32.9% 1.9% 50.8% 38.5%
2017 36.6% 2.58% 50.6% 40.2%
2016 39.8% 3% 52.4% 41.7%
2015 37% 2.95% 54.4% 44.6%
2014 34% 3.23% 55.1% 48.7%
2013 33.4% 2.21% 55.6% 47.8%
2012 31.1% 2.1% 57.9% 48.7%
2011 29.9% 2.13% 56.3% 50%
2010 25.5% 1.11% 56.5% 46.1%
2009 34.8% 1.11% 56.3% 43%
2008 27.2% 0.94% 50.3% 35.5%
2007 29.3% 0.68% 49.5% 29.5%
2006 28% 0.59% 49.7% 33.2%
2005 29.1% 0% 51.1% 39.4%
2004 33.2% 0% 52.8% 46.2%
2003 30.9% 0% 53.5% 48.2%
2002 41.4% 0% 53.1% 50.3%
2001 35.5% 0% 53% 50.1%
2000 37.5% 0% 52.9% 53.6%
1999 44.1% 0% 54.7% 56.8%
1998 45.4% 0% 55.6% 60.3%
1997 39% 0% 56.2% 64.4%
1996 36.9% 0% 58.2% 68.3%
1995 44% 0% 58.7% 71.5%
1994 47.1% 0% 59.5% 75.3%
1993 38% 0% 59.5% 78.7%
1992 34.1% 0% 56.4% 66.7%
1991 30.6% 0% 55.5% 63.2%
1990 32% 0% 55.1% 62.4%
1989 - - 56.2% 62.2%
1988 - - 56.1% 64.7%
1987 - - 54% 62.5%
1986 - - 52.3% 66.8%
1985 - - 55.5% 74.7%
1984 - - 56.6% 77.7%
1983 - - 57.9% 74.2%
1982 - - 57.7% 64.5%
1981 - - 56.3% 51.7%
1980 - - 52.7% 39.2%
1979 - - 49.6% 31.8%
1978 - - 47.2% 25.5%
1977 - - 45.6% 15.2%
1976 - - 45% 11.4%
1975 - - 45.3% 7.01%
1974 - - 43.6% 6.2%
1973 - - 39.5% 8.94%
1972 - - 42.1% 11.5%
1971 - - 42.2% 12.9%
1970 - - 24.4% 7.62%
1969 - - 25.3% 8.36%
1968 - - 24.3% 9.36%
1967 - - 22.2% 10.1%
1966 - - 21.1% 11.2%
1965 - - 17.1% 12.9%
1964 - - 17.6% 14.5%
1963 - - 18.2% 13.7%
1962 - - 17% 15.3%
1961 - - 15.6% 16.4%
1960 - - 16.4% 20.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1991, retrieved 2026-07-08).

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

In 2025, Brunei's government spending was $4.5B, accounting for 29.9% of its GDP, while Denmark spent $220B, or 47.6% of GDP.

Debt-to-GDP ratio is 1.54% in Brunei and 27.5% in Denmark, ranking 185/185 and 161/185, respectively.

Government deficit by year

Deficit/surplus
Brunei

Denmark
1x
Year Deficit/surplus, % of GDP
Brunei Denmark
2025 -13.4% 2.85%
2024 -12.9% 4.46%
2023 -8.62% 3.43%
2022 -0.25% 3.39%
2021 -8.34% 4.08%
2020 -16.2% 0.36%
2019 -4.16% 4.28%
2018 -2.9% 0.81%
2017 -13.8% 1.69%
2016 -16.7% 0.3%
2015 -11.4% -0.9%
2014 1.25% 1.43%
2013 10.4% -0.94%
2012 19.5% -3.2%
2011 21.5% -1.77%
2010 11.3% -2.52%
2009 3.61% -2.75%
2008 36.1% 3.46%
2007 3.12% 5.31%
2006 19.8% 5.29%
2005 16% 5.2%
2004 8.57% 2.23%
2003 8.06% 0.14%
2002 -4.61% 0.25%
2001 2.59% 1.13%
2000 6.86% 1.79%
1999 -18.3% 1.06%
1998 -24% -0.28%
1997 -11.8% -1.22%
1996 -8.7% -2.4%
1995 -19.8% -3.5%
1994 -22.6% -3.85%
1993 -12.8% -3.73%
1992 -8.28% -2.6%
1991 -1.06% -3.15%
1990 -1.63% -1.78%
1989 - 0.3%
1988 - 1.46%
1987 - 2.46%
1986 - 3.23%
1985 - -1.38%
1984 - -3.58%
1983 - -6.29%
1982 - -8.22%
1981 - -5.84%
1980 - -2.32%
1979 - -0.69%
1978 - 0.41%
1977 - 0.37%
1976 - 0.19%
1975 - -1.23%
1974 - 3.7%
1973 - 4.97%
1972 - 5.01%
1971 - 4.96%
1970 - 0.7%
1969 - 0.3%
1968 - -0.06%
1967 - 1.49%
1966 - 0.99%
1965 - 2.13%
1964 - 1.79%
1963 - 1.2%
1962 - -0.09%
1961 - 1.73%
1960 - 1.25%
1959 - 0.79%
1958 - 0.25%
1957 - 0.26%
1956 - -0.01%
1955 - -1.17%
1954 - -0.84%
1953 - 1.75%
1952 - 1.18%
1951 - 0.79%
1950 - 1.08%
1949 - 0.63%
1948 - 1.07%
1947 - 0.84%
1946 - 2.69%
1945 - -1.03%
1944 - 0%
1943 - 0%
1942 - 0%
1941 - 0%
1940 - 0%
1939 - 0%
1938 - 0.03%
1937 - 0.22%
1936 - -1.36%
1935 - -0.97%
1934 - 0.03%
1933 - 1.69%
1932 - -3.22%
1931 - -1.67%
1930 - 0.03%
1929 - 0.13%
1928 - -4.99%
1927 - -2.33%
1926 - -0.48%
1925 - -3.1%
1924 - -0.8%
1923 - -0.56%
1922 - -1.33%
1921 - -2.41%
1920 - -0.46%
1919 - -0.38%
1918 - 1.95%
1917 - 3.1%
1916 - 1.51%
1915 - -0.48%
1914 - 0.43%
1913 - 0.07%
1912 - 0.13%
1911 - -1.02%
1910 - -1.72%
1909 - -2.49%
1908 - -0.82%
1907 - 0.26%
1906 - -0.42%
1905 - 0.22%
1904 - -0.1%
1903 - 0.03%
1902 - -0.06%
1901 - -0.71%
1900 - -0.84%
1899 - -0.59%
1898 - -0.43%
1897 - -0.61%
1896 - -0.07%
1895 - -0.17%
1894 - -0.26%
1893 - -0.42%
1892 - -0.73%
1891 - -0.76%
1890 - -0.97%
1889 - -0.55%
1888 - -0.49%
1887 - -0.68%
1886 - -0.39%
1885 - 0.48%
1884 - 1.2%
1883 - 0.73%
1882 - 0.35%
1881 - 0.42%
1880 - -2.65%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/brunei/denmark | 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 Denmark's surplus of $13.2B, or 2.85% of GDP.

Over the past 36 years, Brunei recorded a fiscal deficit in 22 of those years, while Denmark ran a deficit in 15 years. On average, Brunei posted an annual deficit equal to 2.04% of GDP, compared to surplus of 0.51% of GDP for Denmark.

Inflation comparison by year

Inflation
Brunei

Denmark
1x
Year Consumer prices inflation
Brunei Denmark
2025 -0.3% 1.89%
2024 -0.39% 1.37%
2023 0.36% 3.31%
2022 3.68% 7.7%
2021 1.73% 1.85%
2020 1.94% 0.42%
2019 -0.39% 0.76%
2018 1.03% 0.81%
2017 -1.26% 1.15%
2016 -0.28% 0.25%
2015 -0.49% 0.45%
2014 -0.21% 0.56%
2013 0.39% 0.79%
2012 0.11% 2.4%
2011 0.14% 2.76%
2010 0.36% 2.31%
2009 1.04% 1.3%
2008 2.08% 3.42%
2007 0.97% 1.69%
2006 0.16% 1.92%
2005 1.24% 1.82%
2004 0.81% 1.15%
2003 0.3% 2.08%
2002 -2.31% 2.42%
2001 0.6% 2.34%
2000 1.56% 2.9%
1999 -0.42% 2.5%
1998 -0.44% 1.85%
1997 1.71% 2.18%

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

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

Over the past 29 years, Brunei has recorded an average annual inflation rate of 0.47%, compared with 1.94% in Denmark. In 2025, inflation was -0.3% in Brunei and 1.89% in Denmark.

Top exports between countries

Brunei
Export category Export value
Machinery & equipment $28K
Miscellaneous $9K
Metals $6K
Precious metals & jewellery $1K
Textiles & consumer goods $1K
Denmark
Export category Export value
Animal & marine products $782K
Chemicals & pharma $534K
Machinery & equipment $480K
Processed food, beverages & tobacco $426K
Metals $369K
Textiles & consumer goods $131K
Raw agricultural goods $74K
Raw materials & minerals $24K
Wood & paper products $20K
Miscellaneous $4K

Balance of trade

Brunei Denmark
Current account balance
$2.71B
2025
$51.8B
2024
Current account balance ranking
40/190
2025
13/190
2024
Current account balance, % of GDP
+18%
2025
+12.2%
2024
Goods imports
$6.28B
2025
$132B
2024
Goods exports
$10.3B
2025
$172B
2024
Service imports
$1.54B
2025
$125B
2024
Service exports
$463M
2025
$129B
2024
Imports of goods and services, % of GDP
52%
2025
59.1%
2025
Exports of goods and services, % of GDP
71.6%
2025
70.1%
2025

Economic freedom indices

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

Brunei Denmark
Economic freedom 67.5 79
Economic freedom ranking 55/197 8/197
Property rights 66.1 99.9
Government integrity 60.4 98
Judicial effectiveness 48.6 89.3
Tax burden 95 43.4
Government spending 75.6 34.8
Fiscal health 39 98
Business freedom 75.3 90.4
Labor freedom 75.1 65
Monetary freedom 74.8 80.1
Trade freedom 84.6 79.4
Investment freedom 65 90
Financial freedom 50 80

Economic freedom comparison by year

Brunei
Denmark
1x
Year Economic freedom index
Brunei Denmark
2026 67.5 79
2025 67 79.1
2024 65.9 77.8
2023 65.7 77.6
2022 64.8 78
2021 66.6 77.8
2020 66.6 78.3
2019 65.1 76.7
2018 64.2 76.6
2017 69.8 75.1
2016 67.3 75.3
2015 68.9 76.3
2014 69 76.1
2013 - 76.1
2012 - 76.2
2011 - 78.6
2010 - 77.9
2009 - 79.6
2008 - 79.2
2007 - 77
2006 - 75.4
2005 - 75.3
2004 - 72.4
2003 - 73.2
2002 - 71.1
2001 - 68.3
2000 - 68.3
1999 - 68.1
1998 - 67.5
1997 - 67.5
1996 - 67.3

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

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

The Economic Freedom Index for Brunei is 67.5, ranking 55/197, compared to 79 for Denmark, ranking 8/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brunei Denmark
Services, % of GDP
40.2%
2025
62.7%
2025
Industry, % of GDP
60%
2025
24.8%
2025
Agriculture, forestry, and fishing, % of GDP
1.18%
2025
1.17%
2025
GNI, Atlas method
$16.2B
2025
$464B
2025
GNI per capita, PPP
$95,420
2025
$85,460
2025
Total reserves including gold
$5.49B
2025
$128B
2025
Total reserves ranking
100/177
2025
24/177
2025
Net foreign direct investment
-$157M
2025
$12.5B
2024
Net inflows of foreign direct investment
$29.1M
2024
$18.2B
2024
Net outflows of foreign direct investment
$0
2024
$30.7B
2024
Poverty at national poverty lines n/a
12.4%
2021
Gross capital formation, % of GDP
27.1%
2025
22.1%
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/denmark | CC BY

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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 (1880–1991, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2023–2025, retrieved 2026-07-08)
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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.