Bahrain


Bahrain Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Bahrain; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bank Central Bank of Bahrain
International Reserves US$ 4.774 billion (Source: IMF; Data updated: 2012)
Gross Domestic Product - GDP US$ 27.792 billion (2010 estimate)
GDP (Purchasing Power Parity) 32.127 billion of International dollars (2010 estimate)
Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
4.6% 5.2% 7.2% 5.6% 7.9% 6.7% 8.4% 6.3%
2009 2010 2011 2012*
3.1% 4.5% 1.8% 2%

*Estimate

GDP per capita - current prices US$ 24,141 (2010 estimate)
GDP per capita - PPP $27,908 International Dollars (2010 estimate)
GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.03% 0.03% 0.03% 0.04% 0.04%

**Forecast

GDP - composition by sector
  • agriculture: 0.4% 
  • industry: 63.7% 
  • services: 35.9% (2011 estimate)
  • (Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP) N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
2.8%(2008) 2% 1% 1%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A(2009) N/A

*Estimate

Household saving rates N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
14.6% 25.4% 34.1% 36.5% 31.6%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
4.9% -6.6% -6.7% -2.3% -1%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: BBB

Moody's rating: Baa1

Moody's outlook: NEG

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$16.93 billion US$20.43 billion US$17.15 billion
Largest companies in Bahrain Ahli United Bank (Regional Banks) (2012)
DATA ON TRADE AND COMPETITIVENESS
Current account balance US$ 2 billion (2011 estimate)(After 2008)
Current account balance by percentage of GDP 7.1% of GDP (2010 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

N/A

(Data released on April 2012)

Shares in world total merchandising export 0.11%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export 0.07% (2011)(2007)

(Data were released in 2012)

Total exports US$20.95 billion (2012 estimate) 
Export commodities petroleum and petroleum products, aluminum, textiles
Total imports US$14.95 billion (2012 estimate) 
Import commodities crude oil, machinery, chemicals
Exports - major partners Saudi Arabia 3.3%, UAE 2.2%, Japan 2%, India 1.9% (2011)
Imports - major partners Saudi Arabia 27.5%, US 10.2%, India 7.9%, China 7.4%, Brazil 5.8%, Germany 4.7% (2011)
FDI inflows
2009 2010 2011
US$257 million US$156 million(2009) US$781 million(2009)
FDI outflows
2009 2010 2011
US$-1,791 million US$334 million US$894 million
Value of cross-border M&A, by country of purchaser
2008 2009 2010 2011
US$4,497 million US$323 million(2009) US$-3,362 million(2009) US$-2,740 million
Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2011

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 42 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 88 out of 185 countries(2009)

Enforcing Contracts: 113 out of 185 countries

Registering Property: 29 out of 185 countries

Getting credit: 129 out of 185 countries

Protecting investors: 82 out of 185 countries

Trading across border: 54 out of 185 countries

Paying Taxes: 7 out of 185 countries

Dealing with Construction Permits: 7 out of 185 countries

Getting Electricity: 48 out of 185 countries

Resolving Insolvency: 27 out of 185 countries

(2013)

Global competitiveness ranking
(ranking by country on a basis of 144, the first is the best)
35

(2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 12 Score: 75.2 (Mostly Free) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zone UTC+3
Total area 741 km2 (2006)
Capital Manama (2009)
Currency Bahraini dinars (BHD) (2009)
Government type constitutional monarchy (2009)
Languages Arabic, English, Farsi, Urdu
Religions Muslim (Shia and Sunni) 81.2%, Christian 9%, other 9.8% (2001 census)
Total population
1980 1990 2000 2012* 2017**
0.35 million 0.48 million 0.67 million 1.15 million 1.27 million

*Estimate    **Forecast

Urban population as % of total population
1960 1980 2000 2011
82.3% 86.1% 88.4% 88.7%
Population median age 30 years (2010)
Population growth rate 4.8% (2011)
Life expectancy 75 years (2010)
Adult literacy 91% (2005/2010)
% of population living on less than $2 a day N/A
Inequality of wealth distribution (Gini index)

N/A

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:6
Civil Liberties:6 (2011)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

148.85% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population 77% (Data were released in 2012 and refer to 2011)
Cost of living - Mercer index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Manama: 157th (2011)

CO2 emissions
(Metric tons of CO2 per capita)

20.7092 (Data were released in 2012 and refer to 2009)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST TRADE FINANCE BANKS & PROVIDERS

2013:
  • COUNTRY WINNERS Arab Banking Corporation (National, 2013)
2012:
  • COUNTRY WINNERS Ahli United Bank (National, 2012)
2011:
  • COUNTRY WINNERS Ahli United Bank (Middle East, 2011)
2010:
  • COUNTRY WINNERS Arab Banking Corporation (National, 2010)
2009:
  • COUNTRY WINNERS Ahli United Bank (National, 2009)

WORLD'S BEST INTERNET BANKS

2012:
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (2012)
  • COUNTRY WINNERS / Best Consumer Internet Banks Standard Chartered (National, 2012)
2011:
  • COUNTRY WINNERS / Best Consumer Internet Banks Citi (National, 2011)
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks HSBC (National, 2011)
2010:
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2010)
2009:
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2009)

WORLD'S BEST ISLAMIC FINANCE INSTITUTIONS

2012:
  • OVERALL WINNERS / Best Up-and-Comer Mega Islamic Bank (National, 2012)
  • COUNTRY WINNERS Al Baraka Islamic Bank – Bahrain (National, 2012)
2011:
  • COUNTRY WINNERS Bahrain Islamic Bank (National, 2011)
2010:
  • COUNTRY WINNERS Bahrain Islamic Bank (Middle East, 2010)
2009:
  • COUNTRY WINNERS Bahrain Islamic Bank (National, 2009)

WORLD'S BEST EMERGING MARKET BANKS

2012:
  • COUNTRY WINNERS Ahli United Bank (2012)
2011:
  • COUNTRY WINNERS Ahli United Bank (National, 2011)
2010:
  • COUNTRY WINNERS Ahli United Bank (National, 2010)
2009:
  • REGIONAL WINNERS Ahli United Bank (National, 2009)
  • COUNTRY WINNERS Ahli United Bank (National, 2009)

WORLD'S BEST SUB CUSTODIANS

2012:
  • COUNTRY WINNERS HSBC (2012)
2011:
  • COUNTRY WINNERS HSBC (National, 2011)
2010:
  • COUNTRY WINNERS HSBC (National, 2010)
2009:
  • COUNTRY WINNERS HSBC (National, 2009)

WORLD'S BEST INVESTMENT BANKS

2013:
  • COUNTRY WINNERS Gulf International Bank BSC (National, 2013)
2012:
  • Best Equity Bank Gulf International Bank (National, 2012)
  • COUNTRY WINNERS Gulf International Bank (Rasheed Mohammed Al-Maraj, 2012)
2011:
  • COUNTRY WINNERS Gulf International Bank (GIB) (National, 2011)
2010:
  • COUNTRY WINNERS Unicorn Investment Bank (National, 2010)
2009:
  • COUNTRY WINNERS Unicorn Investment Bank (Rasheed Mohammed Al Maraj, 2009)

CENTRAL BANKER REPORT CARD

2012:
2011:

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2013:
  • COUNTRY WINNERS Ahli United Bank (National, 2013)
2012:
  • COUNTRY WINNERS Ahli United Bank (National, 2012)
2011:
  • REGIONAL WINNERS Ahli United Bank (Global, 2011)
  • COUNTRY WINNERS Ahli United Bank (National, 2011)
2010:
  • REGIONAL WINNERS Ahli United Bank (National, 2010)
  • COUNTRY WINNERS Ahli United Bank (National, 2010)
2009:
  • REGIONAL WINNERS Ahli United Bank (Middle East, 2009)
  • COUNTRY WINNERS Ahli United Bank (National, 2009)
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE