Why is Brunei so rich?

Brunei has discovered huge oil resources in the South China Sea, up to1300 million barrels, and more than 300 billion cubic meters of natural gas resources. This was a cornucopia of Brunei at that time. In this way, relying on oil and natural gas, Brunei has become a rich country.

Economically, Brunei is rich. Relying on oil and natural gas, the per capita GDP of Brunei, a small country, has reached $30,000, second only to Singapore in Southeast Asia. However, it is such a rich country, whose national treatment makes us very envious, and it is recognized as a developing country by the United Nations. We often have a misunderstanding that a high per capita GDP is a developed country, but this is not the case. Let's follow the host to see why Brunei is listed as a developing country.

First, the so-called developed countries have sound market mechanisms and systems, a high degree of internationalization, and very active foreign trade exports. Without oil and natural gas, Brunei, a small country, can hardly survive. Foreign trade exports are only oil, which is very single.

Second, Brunei's capital is still a 3g network, and even Cambodia and Myanmar are already 4g networks, which shows the difference.

Third, the traffic in Brunei is very bad, probably because everyone has a car, so the government doesn't care about the construction of public transportation, but it is extremely backward. Brunei should develop into a metropolis. Foreigners should travel in Brunei, and can't drive around unfamiliar places by themselves.

Fourthly, in Brunei, the monthly income of elite education above university level is 800 Brunei dollars, equivalent to 4,000 RMB in China. This level is also the income of third-and fourth-tier cities in China.