Browse a full set of economic indicators

Bahrain

Includes Bahrain real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Bahrain economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Bahrain best banks and safest banks are also available.

Financial Hub With A Robust Banking Sector

This small and affluent island country near the western shores of the Persian Gulf fosters a favorable investment climate and prioritizes foreign investment diversification. While state-owned enterprises remain the primary driver of growth, the Kingdom of Bahrain is seeking to expand private sector contributions, reduce reliance on hydrocarbons and bolster the startup ecosystem. With a robust banking sector and a more diversified economy compared with many of its Gulf neighbors, Bahrain is an established financial hub, a tourist destination and a top global supplier of aluminum products. Vulnerabilities include high debt, exposure to swings in commodity prices, lack of transparency, and heavy dependence on foreign workers.

Bahrain GDP & Economic Overview

Key Facts

Total Area 760 sq km
Type of Government Constitutional monarchy
Capital City Manama
Total Population 1.62 million
Median Age 31.9
Total GDP USD 47.121 millions
Adult Per Capita Income (PPP) USD 66,377

Trade & Finance

International Trade

Total Exports USD 22,518.88 million
Major Exports Aluminum
Refined petroleum
Iron ore and reductions
Aluminum wiring
Crude petroleum
Major Trade Partners – Exports Saudi Arabia
United Arab Emirates
United States
Egypt
Total Imports USD 22,177.83 million
Major Imports Iron ore
Jewelry
Cars
Refined petroleum
Gold
Broadcasting equipment
Major Trade Partners – Imports Brazil
China
United Arab Emirates
Australia
Saudi Arabia

Inbound and Outbound Investment

Data Shows Bahrain’s Debt Load To Be Among
the Middle East’s Heaviest

The chart at left compares Bahrain’s debt-to-GDP ratio to the regional average. It illustrates how the country has struggled to keep its debt burden in line with its national productive capacity.

Bahrain's Leading Companies

Bank National Bank of Bahrain
Construction Nass Corporation
Telecom Batelco
Oil Bahrain Petroleum Company
Energy Banagas

Global Finance Rankings & Awards: Bahrain

Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.


Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings

Moody’s

Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000

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