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 (2020): Saudi Arabia, China, and United Arab Emirates
Top 3 Exported Goods (2020): Oil & Mineral Fuels, Aluminum, and Ores

Top Industries Source: CIA World Factbook

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

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $90,141,730,810 (2022)
GDP Growth Rate (annual %) 4.861% (2022)
GDP Per Capita, PPP (current international) $61,228 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 99/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 3.626% (2022)
External debt stocks, total (DOD, current US$) $10,729,125,000 (2011)
Total tax rate (% of commercial profits) 13.8% (2019)
Real Interest Rate (5 year average %) 15.886% (2015)
Manufacturing, value added (% of GDP) 21.438% (2022)
Current Account Balance (BoP, current US$) ($2,434,574,468) (2018)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 842,278 (2022)
Employment in Agriculture (% of total employment) 0.982% (2021)
Employment in Industry (% of total employment) 34.924% (2021)
Employment in Services (% of total employment) 64.093% (2021)
Unemployment Rate 1.399% (2022)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $27,577,393,617 (2021)
Exports of goods and services (current US$) $35,234,574,468 (2021)
Total Merchandise Trade (% of GDP) 102.104% (2022)
FDI, net inflows (BoP, current US$) $1,951,329,787 (2022)
Commercial Service Exports (current US$) $12,053,723,404 (2018)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank