The economy has been dominated by the oil and liquefied natural gas industries and government expenditure. Highly qualified local and expatriate professionals provide professional services in banking, accounting, legal and other services.
Brunei has steadily increased its integration into the world economy and has become a prominent player by serving as chairman for the 2000 APEC (Asian Pacific Economic Cooperation) forum. Plans for the future include upgrading the labour force, reducing unemployment, strengthening the banking and tourism sectors and in general, further widening the economic base beyond oil and gas.