Key Market Indicators
Brunei's tourism receipts are projected to decline slightly over the next five years, reaching approximately $545 million by 2028. This marks a modest decrease from the $553 million expected in 2023, reflecting a compound annual growth rate (CAGR) of -0.1%. The gradual downturn in tourism revenue is part of a longer-term trend. Since 2006, Brunei's tourism market has experienced an average annual decline of 1.1%. Despite efforts to boost the sector, these figures suggest that the nation faces continued challenges in attracting and retaining international visitors.
