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 (2016): United Arab Emirates, Saudi Arabia, and United States
Top 3 Exported Goods (2016): 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) $70,937,896,902 (2017)
GDP Growth Rate (annual %) 3.885% (2017)
GDP Per Capita, PPP (current international) $47,527 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 99/195 (2017)

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 %) 1.387% (2017)
External debt stocks, total (DOD, current US$) $10,729,125,000 (2011)
Total tax rate (% of commercial profits) 13.8% (2017)
Real Interest Rate (5 year average %) 16.031% (2015)
Manufacturing, value added (% of GDP) 18.586% (2017)
Current Account Balance (BoP, current US$) ($1,599,760,638) (2017)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 865,078 (2017)
Employment in Agriculture (% of total employment) 1.033% (2017)
Employment in Industry (% of total employment) 35.069% (2017)
Employment in Services (% of total employment) 63.898% (2017)
Unemployment Rate 1.201% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $21,088,031,915 (2016)
Exports of goods and services (current US$) $23,782,180,851 (2016)
Total Merchandise Trade (% of GDP) 79.191% (2017)
FDI, net inflows (BoP, current US$) $518,882,979 (2017)
Commercial Service Exports (current US$) $11,356,117,021 (2017)
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