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Bahrain GDP: Amazing Facts

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Bahrain GDP

Bahrain country overview

Before we start to discuss Bahrain GDP first we discuss Bahrain’s country overview, so Bahrain is officially called the Kingdom of Bahrain. It is an island country located in Western Asia.

Bahrain GDP
Bahrain GDP

Its capital and largest city name are Manama. Its official language is Arabic and English. When we talk about its ethnic groups, 48% Bahraini, 44% Asians, and other ethnic-related groups live in Bahrain.

In the religious divide, 70% of Muslims and 30% of non-Muslims live in Bahrain. Bahrain’s government system is a Unitary parliamentary monarchy. Its monarch name is Hamad bin isa al Khalifa.

Its land area is 7,85,00km2. Its land area rank is 172nd in the world. Its population is 1,569,400 in the year 2019. Its population rank is 149th in the world. Bahrain’s population density is 1,910/km2. Its population density rank is 3rd in the world. 

Bahrain Economy

Bahrain currency is called the Bahraini dinar. Bahrain’s economy is formally called the developing and emerging economy and a high-income economy. Bahrain’s inflation rate is 2.9% in the year 2021.

Its HDI rate is 0.852 in the year 2019. Its HDI rank is 45th in the world in the year 2019. When we talk about its Labour force by occupation, agriculture 1%, industry 33%, and services are 66% in the year 2013.

The unemployment rate in Bahrain is 4% in the year 2020. Its gross external debt is $52 billion in the year 2018. 

Bahrain GDP

Its total GDP is $34 billion (nominal) and $74 billion (PPP)  in the year 2021. Its GDP rank is 99th (nominal) and 104th (PPP) in the year 2021.

Bahrain’s GDP growth rate is 3% in the year 2021. Its GDP per capita is $22,400 (nominal) and $48,700 (PPP) in the year 2020.

Its GDP per capita rank is 41st (nominal) and 24th (PPP) in the year 2021. When we talk about its GDP by sector, agriculture 0.4%, industry 39%, and services are 60% in the year 2018. 

Bahrain Exports

Bahrain’s total exports are $ 27 billion in the year 2018. Its main export goods are oils, textile and others. Its main export partners are UAE, USA, Japan, and others.

Bahrain Imports

Its total imports are $23 billion in the year 2018. Its main import goods are oil, machinery, chemicals, and others. Its main import partners are UAE, China, Japan, India, and others.  

References: Worldbank, IMF, Wikipedia.

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