"Economic growth during the 1990s and 2000s, with the GDP increasing 56% from 1999 to 2008, transformed Brunei into an industrialised country. It has developed wealth from extensive petroleum and natural gas fields. Brunei has the second-highest Human Development Index among the Southeast Asian nations, after Singapore, and is classified as a "developed country". According to the International Monetary Fund (IMF), Brunei is ranked fifth in the world by gross domestic product per capita at purchasing power parity. The IMF estimated in 2011 that Brunei was one of two countries (the other being Libya) with a public debt at 0% of the national GDP. Forbes also ranks Brunei as the fifth-richest nation out of 182, based on its petroleum and natural gas fields. Brunei's small, wealthy economy is a mixture of foreign and domestic entrepreneurship, government regulation, welfare measures, and village tradition. Crude oil and natural gas production account for about 90% of its GDP. About 167,000 barrels (26,600 m3) of oil are produced every day, making Brunei the fourth-largest producer of oil in Southeast Asia. It also produces approximately 25.3 million cubic metres (890×106 cu ft) of liquified natural gas per day, making Brunei the ninth-largest exporter of the substance in the world." - Wikipedia.

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