FinObservatory

Chinese overseas lending / BRN

Brunei Darussalam: debt owed to China

In 2021, Brunei Darussalam is estimated to have owed China $1.86bn, equal to 13.3% of its GDP, which ranks it 47 of 126 borrowers in the panel by dollars owed. The estimated stock peaked at $1.86bn in 2021.

$1.86bn
Estimated total, 2021
rank 47 of 126
13.3%
Percent of GDP
2021
$0
Public and publicly guaranteed
2021
$1.86bn
Private non-guaranteed
100.0% of external

The estimated stock, 2000 to 2021

The largest single-year move in the estimated stock is 2018, when it rose by $437m.

Public and publicly guaranteedPrivate non-guaranteedPBoC swap drawings

Source: Horn, Reinhart and Trebesch, China’s Overseas Lending. Selection: estimated stock owed to China by Brunei Darussalam, by year and instrument, 2000 to 2021. Zeros are estimated zeros (no known loans outstanding), not missing values. Methodology

Against what Brunei Darussalam reports owing to all creditors

No comparison is possible. Brunei Darussalam has no row in the World Bank International Debt Statistics table. There is no reported all-creditor stock to measure the China estimate against, so the ratio is n/a, not zero and not a hundred percent. This is a difference in the scope of the two datasets, not evidence of anything hidden. The two-sources page lists every borrower in this position.