Economy Overview
In 2011 Bahrain experienced economic setbacks as a result of domestic unrest driven by the majority Shia population, however, the economy recovered in 2012-15, partly as a result of improved tourism. In addition to addressing its current fiscal woes, Bahraini authorities face the long-term challenge of boosting Bahrain’s regional competitiveness—especially regarding industry, finance, and tourism—and reconciling revenue constraints with popular pressure to maintain generous state subsidies and a large public sector.
Agriculture Products
fruit, vegetables; poultry, dairy products; shrimp, fish
Industries
petroleum processing and refining, aluminum smelting, iron pelletization, fertilizers, Islamic and offshore banking, insurance, ship repairing, tourism
Industrial Production Growth Rate
2.2% (2015 est.)
Labor Force by Occupation
Agriculture: 1%
Industry: 32%
Services: 67% (2004 est.)
Unemployment Rate
4.3% (2013 est.)
Population Below Poverty Line
NA%
Household Income or Consumption by Percentage Share
Lowest 10%: NA%
Highest 10%: NA%
Budget
Revenues: $5.436 billion
Expenditures: $9.464 billion (2015 est.)
Public Debt
42.6% of GDP (2014 est.)
Commercial Bank Prime Lending Rate
Stock of Narrow Money
$8.232 billion (31 December 2014 est.)
Stock of Broad Money
$25.95 billion (31 December 2014 est.)
Stock of Domestic Credit
$25.44 billion (31 December 2014 est.)
Market Value of Publicly Traded Shares
$15.65 billion (31 December 2013 est.)
Reserves of Foreign Exchange and Gold
$6.049 billion (31 December 2014 est.)
Debt External
$18.88 billion (31 December 2014 est.)
Stock of Direct Foreign Investment at Home
$18.77 billion (31 December 2014 est.)
Stock of Direct Foreign Investment Abroad
$10.72 billion (31 December 2014 est.)
Exchange Rates
0.376 (2011 est.)
