Browse a full set of economic indicators

Bahrain

Includes historical data for Bahrain’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

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.

Macroeconomy & Sovereign Data

Type of Government Constitutional monarchy
Capital Manama
Sovereign Ratings S&P: B+
Moody’s: B2
Fitch Ratings: B+
Total Population 1.6 million
Median Age 33.3
Adult Per Capita Income (PPP) 74,831.97
Total GDP (2023) 46.8 billion

Bahrain GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 22.7 billion (2023)
Leading Exports Aluminum
Refined Petroleum
Iron Ore
Aluminum Wire
Iron Blocks
Total Imports USD 22.0 billion (2022)
Leading Imports Iron Ore
Aluminum Oxide
Cars
Gold
Ships
Source: World Integrated Trade Solution

Bahrain Leading Companies

Arab Banking Corporation Financials
National Bank of Bahrain Financials
Gulf International Bank Financials
Aluminium Bahrain (Alba) Materials, Metals & Mining
Batelco Telecommunication Services
Bahrain Petroleum Company Integrated Oil & Gas
Banagas Oil & Gas Refining & Marketing

Major Trade Partners — Import

Brazil 14%
China 13%
United Arab Emirates 7%
Australia 7%
Saudi Arabia 7%

Source: World Integrated Trade Solution

Major Trade Partners — Export

Unspecified 32%
Saudi Arabia 14%
United Arab Emirates 9%
United States 7%
Egypt 4%

Source: World Integrated Trade Solution


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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