Brunei's GDP per capita, at around US$31,000 is among the top 25 in the world (2011 IMF data). But with a population of around 422,700 (including a significant number of foreign workers)) Brunei's economy is small, ahead of only Cambodia and Laos in the region, as measured by GDP. GDP grew 2.6% in 2010.The oil and gas sector forms the backbone of Brunei's economy, worth around 60% of GDP and contributing around 80% of the government's revenue. New oil reserves have recently been found in Bruneian waters, and a 2010 agreement with Malaysia on maritime borders will enable further offshore exploration