Bahrain: Economy

Economic Trivia

Petroleum production and refining account for more than 60% of Bahrain's export receipts, 70% of government revenues, and 11% of GDP.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): Saudi Arabia, United Arab Emirates, and United States
Top 3 Exported Goods (2014): Oil & Mineral Fuels, Aluminum, and Motor Vehicles & Parts

Top Industries Source: CIA World Factbook

Petroleum Processing and Refining; Aluminum Smelting; Iron Pelletization; Fertilizers

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $61,968,145,298 (2014)
GDP Growth Rate (annual %) 4.481% (2014)
GDP Per Capita, PPP (current international) $45,500 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 99/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 2.767% (2014)
External debt stocks, total (DOD, current US$) $10,729,125,000 (2011)
Total tax rate (% of commercial profits) 13.5% (2015)
Real Interest Rate (5 year average %) 7.466% (2014)
Manufacturing, value added (% of GDP) 11.842% (2012)
Current Account Balance (BoP, current US$) $1,123,670,213 (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 750,065 (2014)
Employment in Agriculture (% of total employment) 19.6% (2011)
Employment in Industry (% of total employment) 28.9% (2011)
Employment in Services (% of total employment) 51.5% (2011)
Unemployment Rate 3.9% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $14,936,170,213 (2014)
Exports of goods and services (current US$) $24,087,765,957 (2014)
Total Merchandise Trade (% of GDP) 101.563% (2014)
FDI, net inflows (BoP, current US$) $957,712,766 (2014)
Commercial Service Exports (current US$) $3,335,106,383 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Bahrain’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary