14, Mar 2010, CDT. Welcome to the Bahrain economic statistics pages provided by the beta version of EconomyWatch.com’s Econ Stats database.
Economic Indicators For: Bahrain › Change country
National or Regional Currency: Bahraini Dinar, BHD
Year of data: 2009 › Change year
Number of Indicators Listed: 18
Full Dataset: From Year 1980 to 2014
Date of Last Update: 26 January 2010
Population: 728709
note: includes 235,108 non-nationals (July 2009 est.)
Area: total: 741 sq km
land: 741 sq km
water: 0 sq km
Natural Resources: oil, associated and nonassociated natural gas, fish, pearls
Government Type: Bahrain government type
Government Ministers: Bahrain ministers
Capital: name: Manama
geographic coordinates: 26 14 N, 50 34 E
time difference: UTC+3 (8 hours ahead of Washington, DC during Standard Time)
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook
With its highly developed communication and transport facilities, Bahrain is home to numerous multinational firms with business in the Gulf. Petroleum production and refining account for over 60 per cent of Bahrain's export receipts, over 70 per cent of government earnings, and 11 per cent of Gross Domestic Product (GDP) (exclusive of allied industries), underpinning Bahrain's robust growth of the economy in recent years. Aluminum is Bahrain's second serious export after oil and gas. Other serious segments of Bahrain's economy are the financial and construction and building sectors. Bahrain is focused on Islamic banks and financial institutions and financial services and is competing on an international scale with Malaysia as a worldwide banks and financial institutions and financial services center. Bahrain is actively pursuing the diversification and privatisation of its economy to reduction of the country's dependence on oil and gas. As part of this effort, in August 2006 Bahrain and the USA implemented a Free trade (imports and exports) Agreement (FTA), the first FTA between the USA and a Gulf state. Continued robust growth hinges on Bahrain's ability to acquire new natural gas supplies as feedstock to support its growing petrochemical and aluminum industries. unemployment, especially among the young, and the depletion of oil and gas and underground water resources are long-term economic problems. The global economic downturn is probably to result in sreduced growth of the economy for Bahrain during 2009 as tight international credit and a decreased world economy cause funding for many non-oil and gas projects to dry up. Lower oil and gas prices or pricing may also cause Bahrain's budget to slip back into deficit.
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Bahrain Economy
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| For Bahrain in year 2009 | Indicator Value | |
|---|---|---|
| GDP Growth (Constant Prices, National Currency) | 3.04 % | |
| GDP (Current Prices, National Currency) | BHD 7.281 Billion. | |
| GDP (Current Prices, US Dollars) | US$ 19.361 Billion | |
| GDP Deflator | 149.953 (Index, Base Year as per country's accounts = 100) | |
| GDP Per Capita (Constant Prices, National Currency) | BHD 6,108.17 . | |
| GDP Per Capita (Current Prices, National Currency) | BHD 9,159.38 . | |
| GDP Per Capita (Current Prices, US Dollars) | US$ 24,354.80 | |
| GDP (PPP), US Dollars | US$ 28.269 Billion | |
| GDP Per Capita (PPP), US Dollars | US$ 35,561.24 | |
| GDP Share of World Total (PPP) | 0.04 % | |
| Implied PPP Conversion Rate | 0.258 | |
| Inflation, Average Consumer Prices (Indexed to Year 2000) | 117.872 (Index, Base Year 2000 = 100) | |
| Inflation (Average Consumer Price Change %) | 3 % | |
| Inflation, End of Year (Indexed to Year 2000) | 123.233 (Index, Base Year 2000 = 100) | |
| Inflation (End of Year Change %) | 3 % | |
| Population | 0.795 Million | |
| Current Account Balance (US Dollars) | US$ 0.724 Billion | |
| Current Account Balance (% GDP) | 3.742 % |
GDP (Constant Prices, National Currency) for Bahrain in year 2009 is BHD 4.856 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.
GDP Growth (Constant Prices, National Currency) for Bahrain in year 2009 is 3.04 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.
GDP (Current Prices, National Currency) for Bahrain in year 2009 is BHD 7.281 Billion. GDP is expressed in billions of national currency units.
GDP (Current Prices, US Dollars) for Bahrain in year 2009 is US$ 19.361 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions.
GDP Deflator for Bahrain in year 2009 is 149.953 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.
GDP Per Capita (Constant Prices, National Currency) for Bahrain in year 2009 is BHD 6,108.17 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.
GDP Per Capita (Current Prices, National Currency) for Bahrain in year 2009 is BHD 9,159.38 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.
GDP Per Capita (Current Prices, US Dollars) for Bahrain in year 2009 is US$ 24,354.80 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.
GDP (PPP), US Dollars for Bahrain in year 2009 is US$ 28.269 Billion. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.
GDP Per Capita (PPP), US Dollars for Bahrain in year 2009 is US$ 35,561.24 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.
GDP Share of World Total (PPP) for Bahrain in year 2009 is 0.04 %. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.
Implied PPP Conversion Rate for Bahrain in year 2009 is 0.258 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.
Inflation, Average Consumer Prices (Indexed to Year 2000) for Bahrain in year 2009 is 117.872 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.
Inflation (Average Consumer Price Change %) for Bahrain in year 2009 is 3 %. Data for inflation are averages for the year, not end-of-period data.
Inflation, End of Year (Indexed to Year 2000) for Bahrain in year 2009 is 123.233 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.
Inflation (End of Year Change %) for Bahrain in year 2009 is 3 %. Data for inflation are end of the period, not annual average data.
Population for Bahrain in year 2009 is 0.795 Million .
Current Account Balance (US Dollars) for Bahrain in year 2009 is US$ 0.724 Billion. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries.
Current Account Balance (% GDP) for Bahrain in year 2009 is 3.742 %. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries.