21, Nov 2009, CST. 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: 2008 › Change year
Number of Indicators Listed: 19
Full Dataset: From Year 1980 to 2013
Date of Last Update: 1 Sept 2009
Population: 727785 note: includes 235,108 non-nationals (July 2009 est.)
Area: total: 665 sq km land: 665 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: Manama
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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GDP (Constant Prices, National Currency) for Bahrain in year 2008 is BHD 4.712 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 2008 is 6.119 %. 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 2008 is BHD 7.986 Billion. GDP is expressed in billions of national currency units.

GDP (Current Prices, US Dollars) for Bahrain in year 2008 is US$ 21.236 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 for each WEO exercise.

GDP Deflator for Bahrain in year 2008 is 169.476 (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 2008 is BHD 6,046.52 . 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 2008 is BHD 10,247.38 . 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 2008 is US$ 27,247.79 . 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.

Output Gap, Percent of Potential GDP for Bahrain in year 2008 is not available

GDP (PPP), US Dollars for Bahrain in year 2008 is US$ 26.97 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. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

GDP Per Capita (PPP), US Dollars for Bahrain in year 2008 is US$ 34,605.15 . 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. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

GDP Share of World Total (PPP) for Bahrain in year 2008 is 0.039 %. 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. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

Implied PPP Conversion Rate for Bahrain in year 2008 is 0.296 . 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. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

Investment (% of GDP) for Bahrain in year 2008 is not available

Gross National Savings (% of GDP) for Bahrain in year 2008 is not available

Inflation, Average Consumer Prices (Indexed to Year 2000) for Bahrain in year 2008 is 114.388 (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 2008 is 3.533 %. 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 2008 is 119.643 (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 2008 is 5.122 %. Data for inflation are end of the period, not annual average data.

Six-month London Interbank Offered Rate (LIBOR) Change % for Bahrain in year 2008 is not available

Unemployment Rate (% of Labour Force) for Bahrain in year 2008 is not available

Employment for Bahrain in year 2008 is not available

Population for Bahrain in year 2008 is 0.779 Million .

General Government Balance (National Currency) for Bahrain in year 2008 is not available

General Government Balance (% of GDP) for Bahrain in year 2008 is not available

General Government Structural Balance (National Currency) for Bahrain in year 2008 is not available

General Government Structural Balance (% Potential GDP) for Bahrain in year 2008 is not available

General Government Net Debt (National Currency) for Bahrain in year 2008 is not available

General Government Net Debt (% GDP) for Bahrain in year 2008 is not available

General Government Gross Debt (National Currency) for Bahrain in year 2008 is not available

General Government Gross Debt (% GDP) for Bahrain in year 2008 is not available

Current Account Balance (US Dollars) for Bahrain in year 2008 is US$ 2.256 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. Calculated as the sum of the balance of individual countries.

Current Account Balance (% GDP) for Bahrain in year 2008 is 10.623 %. 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. Calculated as the sum of the balance of individual countries.