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TOOL · GROSS COST

How much would a basic income cost in Brunei?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 362,458child population 96,491year 2023World Bank WDI

GROSS ANNUAL COST

3,943 million

in BNDBND 3,942,753,600

Equal to 19.4% of reference GDP

Population covered: 458,949 people

Adults: 362,458 × BND 800 × 12 = BND 3,479,596,800

Children: 96,491 × BND 400 × 12 = BND 463,156,800

BND 3,479,596,800 + BND 463,156,800 = BND 3,942,753,600

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $15,095,084,656 · World Bank WDI

Currency BND · exchange rate 1.3431 BND/USD (2023)

Converted cost $2,935,606,792 for the GDP share.