Bahrain

Description of Bahrain

Bahrain, a small island nation in the Persian Gulf, has a rich history dating back thousands of years. Known for its strategic location and thriving economy, Bahrain serves as a key financial hub in the region. With a diverse population and a reputation for tolerance and openness, Bahrain has positioned itself as a progressive and dynamic country in the Middle East. This website aims to provide in-depth analysis of Bahrain's macroeconomic statistics, shedding light on how these numbers impact the country's development and its relations with other nations.

Population And Age Structure

For Population, total, Bahrain's value is 1477469, which is significantly below the attribute average of 40097746.59. Bahrain ranks 150 out of 194 countries in this data set.

Population ages 0-14 (% of total population) in Bahrain is 20.30%, lower than the attribute average of 27.34%. Bahrain ranks 127 out of 194 countries for this statistic.

Population ages 0-14, total in Bahrain is 299911, much lower than the attribute average of 10327379.98. Bahrain ranks 152 out of 194 countries in this data set.

With Population ages 15-64 (% of total population) at 76.50%, Bahrain exceeds the attribute average of 63.44%. It ranks 3 out of 194 countries for this demographic group.

Population ages 15-64, total in Bahrain stands at 1130322, below the attribute average of 26003407.49. Bahrain ranks 148 out of 194 countries in this category.

Population ages 65 and above (% of total population) in Bahrain is 3.20%, lower than the attribute average of 9.22%. Bahrain ranks 157 out of 194 countries for this age group.

Lastly, Population ages 65 and above, total in Bahrain is 47236, well below the attribute average of 3766959.08. Bahrain ranks 160 out of 194 countries for this particular demographic.

Summary

Bahrain has a relatively small total population compared to the global average, with a lower percentage of children aged 0-14 and a higher percentage of working-age population aged 15-64. However, it has a significantly lower percentage of elderly population aged 65 and above. These demographic indicators are crucial for policymakers and investors as they provide insights into the country's labor force composition, social welfare needs, and potential future consumer trends.

Population Miscellaneous

Analysis of Key Statistics for Bahrain:

Summary

Analysis of Key Statistics for Bahrain:

Bahrain exhibits a unique demographic profile with a significantly low rural population and a high urban population compared to global averages. The country also has lower age dependency and fertility rates, as well as lower crude birth and death rates. These indicators highlight Bahrain's urban-centric population distribution and its potentially aging population, which could have implications for labor force dynamics, healthcare services, and social welfare systems in the future.

Military

Bahrain's military expenditure is $1,404,787,234.04, ranking 63 out of 149 countries in the dataset. This is below the average military expenditure of $12,904,993,617.17.

The country spends 4.05% of its GDP on military expenditure, ranking 11 out of 148 countries. Bahrain's expenditure is above the average of 1.90% of GDP.

Bahrain's arms imports stand at $27,000,000, placing it at rank 66 out of 113 countries. This amount is below the average arms imports of $205,522,123.89.

With a total of 19,000 armed forces personnel, Bahrain ranks 108 out of 164 countries. The number is below the average of 165,908 personnel.

Bahrain's armed forces personnel account for 2.26% of the total labor force, ranking 22 out of 164 countries. This percentage is above the average of 1.28%.

Summary

Bahrain's military expenditure, GDP percentage spent on the military, arms imports, number of armed forces personnel, and percentage of armed forces personnel in the total labor force are all significant indicators in assessing the country's defense capabilities. Despite ranking below average in terms of total military expenditure and armed forces personnel count, Bahrain ranks above average in terms of the percentage of GDP spent on military expenses and the ratio of armed forces personnel to the total labor force.

Natural Resources

Analysis of Key Statistics for Bahrain:

Summary

In analyzing key statistics for Bahrain, it is evident that the country faces challenges in terms of natural resources. With significantly low values in forest area, arable land, average precipitation, and renewable internal freshwater resources, Bahrain ranks quite low globally in these aspects. These statistics are crucial as they highlight Bahrain's vulnerability to environmental risks, dependence on external sources for resources, and the need for sustainable resource management strategies to ensure long-term resilience and development.

Resource Rents

Total natural resources rents (% of GDP): Bahrain's value for this attribute is 10.70%, significantly higher than the average of 4.63%. This places Bahrain at rank 31 out of 175 countries.

Forest rents (% of GDP): Bahrain's value for this attribute is 0.00%, well below the average of 1.53%. This places Bahrain at rank 168 out of 174 countries.

Oil rents (% of GDP): Bahrain's value for this attribute is 6.70%, notably higher than the average of 2.51%. This places Bahrain at rank 18 out of 117 countries.

Natural gas rents (% of GDP): Bahrain's value for this attribute is 4.01%, higher than the average of 1.25%. This places Bahrain at rank 8 out of 96 countries.

Summary

Bahrain exhibits a significant reliance on natural resources, with high proportions of total natural resources rents, oil rents, and natural gas rents as a percentage of its GDP. However, it lags behind in forest rents, indicating a potential area for diversification. These statistics are crucial as they highlight Bahrain's economic dependence on specific resources, emphasizing the importance of sustainable resource management and economic diversification strategies to mitigate risks associated with fluctuations in global commodity prices.

Commodities

Aquaculture production (metric tons): Bahrain's aquaculture production is 15.5 metric tons, significantly below the average of 679,642.92 metric tons. It ranks 164 out of 180 countries in the dataset.

Capture fisheries production (metric tons): Bahrain's capture fisheries production is 14,414 metric tons, well below the average of 467,453.06 metric tons. It ranks 132 out of 190 countries.

Total fisheries production (metric tons): Bahrain's total fisheries production is 14,429.5 metric tons, way below the average of 1,153,914.85 metric tons. It holds the 138th position out of 182 countries.

Fertilizer consumption (kilograms per hectare of arable land): Bahrain's fertilizer consumption is 1,395.89 kilograms per hectare of arable land, significantly higher than the average of 159.04 kilograms. The country ranks 4th out of 187 countries in this aspect.

Summary

Bahrain's fisheries production, both in aquaculture and capture fisheries, lags significantly behind the global average, ranking low compared to other countries. However, in terms of fertilizer consumption per hectare of arable land, Bahrain stands out by consuming a high amount relative to the average, ranking 4th globally.

These statistics are crucial as they highlight Bahrain's relative strengths and weaknesses in the agriculture and fisheries sectors. Low fisheries production indicates potential challenges in food security and economic development, while high fertilizer consumption suggests a strong focus on agricultural productivity and potentially higher environmental impacts.

Intellectual Property

Industrial design applications, nonresident, by count: Bahrain's value of 60 is significantly below the average of 1415.83. With a rank of 85 out of 112 countries, there is room for improvement in this area.

Industrial design applications, resident, by count: Bahrain's value of 13 is well below the average of 9799.58. Ranked 96 out of 113 countries, there is a clear gap compared to other nations in this aspect.

Patent applications, nonresidents: Bahrain's value of 257 falls short of the average of 6538.40. The country ranks 54 out of 129, indicating potential for growth in this area.

Patent applications, residents: Bahrain's value of 7 is significantly lower than the average of 19037.56. With a rank of 101 out of 117 countries, there is room for enhancement in resident patent applications.

Trademark applications, nonresident, by count: Bahrain's value of 9519 is notably below the average of 15878.93. Ranked 40 out of 130 countries, Bahrain demonstrates strength in this area compared to others.

Trademark applications, resident, by count: Bahrain's value of 363 is well below the average of 111055.78. With a rank of 107 out of 129 countries, there is substantial room for growth in resident trademark applications.

Scientific and technical journal articles: Bahrain's value of 492.66 is considerably lower than the average of 15103.76. Ranked 95 out of 192 countries, Bahrain has the potential to increase its output in this area.

Summary

Bahrain falls below the global average in various key macroeconomic indicators related to industrial design applications, patent applications, trademark applications, and scientific and technical journal articles. These low values and rankings indicate potential areas for improvement and growth within the country's economy. Enhancing these indicators can lead to increased innovation, competitiveness, and economic development for Bahrain.

Broad Economy Attributes

Analysis of key macroeconomic statistics for Bahrain:

1. GDP (current US$): Bahrain's GDP is $34.6 billion, which is significantly below the average GDP of $442.8 billion. Bahrain ranks 94th out of 189 countries in this attribute.

2. GDP, PPP (current international $): With a GDP of $74.9 billion, Bahrain is below the average GDP of $734.1 billion. Bahrain is ranked 96th out of 181 countries in this category.

3. GDP per capita (current US$): Bahrain's GDP per capita is $23,433, higher than the average of $15,462. Bahrain ranks 40th out of 190 countries in GDP per capita.

4. GDP per capita, PPP (current international $): Bahrain's GDP per capita of $50,683 is significantly higher than the average of $21,252. Bahrain holds the 20th position out of 181 countries in this attribute.

5. GNI (current US$): Bahrain's GNI is $32.2 billion, below the average of $452 billion. Bahrain ranks 95th out of 185 countries in GNI.

6. GNI, PPP (current international $): With a GNI of $69.6 billion, Bahrain falls below the average GNI of $730.7 billion. The country is ranked 96th out of 181 countries in this aspect.

7. GNI per capita, PPP (current international $): Bahrain's GNI per capita is $47,080, which is higher than the average of $20,616. Bahrain is placed 24th out of 181 countries in GNI per capita.

Summary

Bahrain's macroeconomic statistics reflect a mixed economic performance. While the country's GDP and GNI figures are below the global averages, its GDP per capita and GNI per capita numbers are notably higher. These statistics indicate that Bahrain has a relatively small but prosperous economy with a higher standard of living for its citizens compared to the global average.

These findings are important as they provide insights into Bahrain's economic development, its citizens' wealth levels, and its position in the global economy. Policymakers can use this information to assess the country's economic growth, income distribution, and overall prosperity in comparison to other nations.

Broad Value Added

1. Gross value added at basic prices (GVA) in Bahrain is $33,627,010,63.83, which is below the average of $360,070,943,595.12. Bahrain ranks 86 out of 176 countries in this attribute.

2. Agriculture, forestry, and fishing value added (% of GDP) in Bahrain is 0.31%, significantly below the average of 10.86%. Bahrain ranks 178 out of 182 countries in this attribute.

3. Agriculture, forestry, and fishing value added in Bahrain is $108,640,425.53, much lower than the average of $19,924,732,828.07. Bahrain ranks 164 out of 182 countries in this attribute.

4. Services value added (% of GDP) in Bahrain is 56.94%, slightly above the average of 56.72%. Bahrain ranks 86 out of 183 countries in this attribute.

5. Services value added in Bahrain is $19,714,678,457.45, falling below the average of $295,837,711,130.69. Bahrain ranks 92 out of 183 countries in this attribute.

6. Industry (including construction) value added in Bahrain is $13,804,381,914.89, significantly lower than the average of $118,421,095,413.50. Bahrain ranks 80 out of 183 countries in this attribute.

Summary

In summary, Bahrain demonstrates a relatively weak performance in key macroeconomic indicators compared to global averages. The country has particularly low contributions from the agriculture, forestry, and fishing sectors, ranking poorly in both value added to GDP and absolute value added. This heavy reliance on services as the primary contributor to GDP, although slightly above the global average, may indicate a vulnerability to economic shocks if diversification efforts are not prioritized. Bahrain's lagging industry sector also suggests a limited capacity for sustained economic growth and development compared to other countries.

Manufacturing Value Added

1. Manufacturing, value added (current US$): Bahrain's manufacturing value added is $6,333,821,010.64, significantly below the attribute average of $76,207,179,589.66. Bahrain ranks 79th out of 173 countries in this category.

2. Manufacturing, value added (% of GDP): Bahrain's manufacturing value added accounts for 18.29% of its GDP, which is above the attribute average of 11.90%. Bahrain ranks 28th out of 173 countries in this category.

3. Medium and high-tech manufacturing value added (% manufacturing value added): Bahrain's value added in medium and high-tech manufacturing is 24.63% of its total manufacturing value added, slightly above the average of 24.49%. Bahrain ranks 66th out of 149 countries in this category.

Summary

Bahrain's manufacturing sector plays a significant role in its economy, contributing 18.29% to its GDP, which is above the global average. Although the country's overall manufacturing value added is below average, Bahrain performs well in high-tech manufacturing, surpassing the global average. These indicators suggest Bahrain's focus on diversifying its economy and investing in technology, which can lead to long-term growth and competitiveness in the global market.

Money

Regarding Inflation, consumer prices (annual %), Bahrain's value is -2.32 which is below the attribute average of 8.26. Bahrain ranks 163 out of 165 countries in this attribute.

Concerning Inflation, GDP deflator (annual %), Bahrain's value is -6.07, also below the attribute average of 6.90. In this aspect, Bahrain ranks 175 out of 188 countries included in the data.

Summary

Bahrain demonstrates a consistently low inflation rate, with both its consumer prices and GDP deflator figures being significantly below the global averages. This indicates a stable pricing environment within the country, which can be beneficial for businesses and consumers alike, fostering economic predictability and confidence in the market.

Consumption Expenditure

Final consumption expenditure in current US$ in Bahrain is $20,519,386,70.21, which is significantly below the average of $381,630,252,515.38. Bahrain ranks 96th out of 159 countries in this attribute.

Final consumption expenditure as a percentage of GDP in Bahrain is 59.27%, lower than the average of 82.37%. Bahrain is ranked 149th out of 159 countries for this metric.

General government final consumption expenditure in current US$ in Bahrain is $5,933,114,627.66, well below the average of $93,676,578,238.03. Bahrain ranks 83rd out of 158 countries.

General government final consumption expenditure as a percentage of GDP in Bahrain is 17.14%, slightly less than the average of 18.71%. Bahrain holds the 85th rank out of 158 countries.

Household and NPISHs Final consumption expenditure in current US$ in Bahrain is $14,586,283,76.6, significantly lower than the average of $290,127,571,157.69. Bahrain ranks 99th out of 158 countries in this category.

Household and NPISHs final consumption expenditure as a percentage of GDP in Bahrain is 42.13%, lower than the average of 63.68%. Bahrain is placed at the 145th position out of 158 countries for this criterion.

Summary

Overall, Bahrain lags behind the global average in terms of final consumption expenditure, both in absolute terms and as a percentage of GDP. The country ranks below average in various categories such as general government final consumption expenditure, and household final consumption expenditure. These statistics suggest that Bahrain may need to focus on increasing domestic consumption to drive economic growth and development.

Equities

The total number of listed domestic companies in Bahrain is 42, significantly lower than the average of 636.625. Bahrain ranks 55th out of 72 countries in this attribute.

The total value of stocks traded in Bahrain is 592,970,000 USD, substantially below the average of 1,379,501,820.91 USD. Bahrain ranks 46th out of 71 countries in this aspect.

The value of stocks traded as a percentage of GDP in Bahrain is 1.71%, much lower than the average of 31.65%. Bahrain holds the 42nd rank out of 71 countries in this metric.

The market capitalization of listed domestic companies in Bahrain is 24,608,090,000 USD, far below the average of 1,196,037,851,618.88 USD. Bahrain ranks 46th out of 73 countries in this category.

The market capitalization of listed domestic companies as a percentage of GDP in Bahrain is 71.08%, slightly below the average of 71.24%. Bahrain ranks 22nd out of 73 countries in this particular measure.

The S&P Global Equity Indices in Bahrain show an annual percentage change of -13.55%, significantly below the average of 2.06%. Bahrain ranks 68th out of 79 countries in this parameter.

Summary

In analyzing key macroeconomic indicators for Bahrain, it is evident that the country lags behind global averages in various aspects such as the total number of listed domestic companies, total value of stocks traded, market capitalization of listed companies, and S&P Global Equity Indices performance. These statistics shed light on Bahrain's smaller and less developed financial market compared to the global average, indicating potential challenges in attracting investments and fostering economic growth.

Investment

Foreign direct investment, net (BoP, current US$): Bahrain's value is -1226329787.23, below the average of -1615235980.51. It ranks 118 out of 169 countries in the dataset.

Foreign direct investment, net inflows (BoP, current US$): Bahrain's value of 1021276595.74 is below the average of 5749271080.15. It ranks 73 out of 182 countries.

Foreign direct investment, net inflows (% of GDP): Bahrain's value is 2.95%, above the average of 2.61%. It ranks 64 out of 178 countries.

Foreign direct investment, net outflows (BoP, current US$): Bahrain's value is -205053191.49, below the average of 5707991116.07. It ranks 141 out of 156 countries.

Foreign direct investment, net outflows (% of GDP): Bahrain's value is -0.59%, below the average of 1.00%. It ranks 135 out of 155 countries.

Portfolio Investment, net (BoP, current US$): Bahrain's value is -2173670212.77, below the average of 679559169.57. It ranks 137 out of 159 countries.

Portfolio equity, net inflows (BoP, current US$): Bahrain's value of 3429521276.60 is below the average of 9197145994.70. It ranks 16 out of 125 countries.

Summary

Bahrain demonstrates mixed performance in foreign direct investment and portfolio investment indicators compared to global averages. While the country ranks below average in net FDI, it excels in net FDI inflows (% of GDP) indicating a higher proportion of FDI relative to its economy. Additionally, Bahrain's low rank in portfolio investment suggests a lesser attractiveness to investors seeking equity opportunities. These indicators are crucial as they reflect Bahrain's ability to attract foreign capital, influence economic growth, and diversify investment portfolios for sustainable development.

Broad Trade Attributes

Trade (% of GDP): Bahrain's Trade accounts for 140.22% of its GDP, significantly higher than the average of 82.34%. This places Bahrain at rank 17 out of 163 countries.

Merchandise trade (% of GDP): Bahrain's Merchandise Trade is 77.26% of its GDP, above the average of 60.01%. This ranks Bahrain 38 out of 186 countries.

Trade in services (% of GDP): Bahrain's Trade in services is 61.09% of its GDP, much higher than the average of 24.63%. Bahrain is ranked 12 out of 171 countries in this aspect.

External balance on goods and services (current US$): Bahrain's External balance on goods and services is $1,952,393,617.02, below the average of $3,405,509,011.13. Bahrain ranks 44 out of 163 countries in this category.

External balance on goods and services (% of GDP): Bahrain's External balance on goods and services is 5.64% of its GDP, higher than the average of -5.97%. The country is ranked 22 out of 163 countries in this metric.

Summary

Bahrain demonstrates a robust trade sector, with trade, merchandise trade, and trade in services accounting for a significant portion of its GDP, surpassing global averages in these areas. However, its external balance on goods and services, while positive, is below the global average. These indicators are crucial as they reflect Bahrain's strong integration into the global economy and its ability to generate revenue through trade, albeit with some room for improvement in achieving a more favorable external balance.

Net Trade

1. Current account balance (BoP, current US$): Bahrain's current account balance is -3,244,680,851.06 which is below the average of $1,443,864,831.49. This ranks Bahrain 146 out of 170 countries in the dataset.

2. Current account balance (% of GDP): Bahrain's current account balance as a percentage of GDP is -9.37%, significantly below the average of -2.36%. This places Bahrain at rank 140 out of 170 countries.

3. Net trade in goods and services (BoP, current US$): Bahrain's net trade in goods and services is $1,952,393,617.02, lower than the average of $2,604,730,003.57, ranking Bahrain 48 out of 171 countries.

4. Net primary income (BoP, current US$): Bahrain's net primary income is -$2,459,042,553.19, much lower than the average of -$903,807,529.74. Bahrain ranks 125 out of 170 countries.

5. Net secondary income (BoP, current US$): Bahrain's net secondary income is -$2,738,031,914.89, significantly below the average of -$269,227,340.40. Bahrain is ranked 146 out of 170 countries.

6. Net trade in goods (BoP, current US$): Bahrain's net trade in goods is -$127,127,659.57, lower than the average of $1,302,831,005.68. Bahrain holds the 73rd rank out of 171 countries.

7. Net capital account (BoP, current US$): Bahrain's net capital account is $779,521,276.60, higher than the average of $136,543,824.05. Bahrain ranks 17 out of 159 countries in this attribute.

8. Net financial account (BoP, current US$): Bahrain's net financial account is -$3,851,595,744.68, well below the average of -$469,840,994.63. Bahrain holds the 144th rank out of 170 countries.

Summary

Bahrain's macroeconomic indicators, such as its current account balance, net trade in goods and services, and net financial account, are mostly below the global averages, indicating potential weaknesses in its economic structure. The country's rankings in these indicators suggest room for improvement in terms of trade balance and financial stability. Addressing these imbalances is crucial for Bahrain to enhance its economic resilience, attract foreign investment, and ensure sustainable growth in the long term.

Broad Export Attributes

1. Exports of goods, services, and primary income (BoP, current US$): Bahrain's value of $28,197,340,425.53 is below the average of $146,238,908,936.30. Bahrain ranks 64 out of 170 countries in this attribute data.

2. Exports of goods and services (BoP, current US$): With a value of $25,680,319,148.94, Bahrain is below the average of $122,938,540,059.78. Bahrain is ranked 63 out of 170 countries in this attribute data.

3. Exports of goods and services (current US$): Bahrain's value of $25,249,202,127.66 falls below the average of $129,596,864,610.19. Bahrain holds the 66th rank out of 163 countries.

4. Exports of goods and services (% of GDP): Bahrain's percentage of 72.93% is above the average of 38.19%. The country ranks 17 out of 163 countries in this attribute data.

5. Goods exports (BoP, current US$): Bahrain's value of $14,065,691,489.36 is lower than the average of $93,310,581,697.39. Bahrain ranks 71 out of 171 countries in this attribute data.

6. International tourism, receipts (% of total exports): Bahrain's percentage of 2.82% is lower than the average of 9.74%. The country is ranked 70 out of 120 countries in this attribute data.

7. ICT goods exports (% of total goods exports): Bahrain's percentage of 1.11% is below the average of 3.81%. Bahrain holds the 58th rank out of 142 countries in this attribute data.

Summary

Bahrain's exports across various categories such as goods, services, and primary income are generally below the global average, resulting in rankings below the median in most instances. However, Bahrain stands out for having a high percentage of goods and services exports relative to its GDP, ranking 17th globally in this aspect. These indicators are crucial as they reflect Bahrain's level of integration in the global economy, its economic diversification efforts, and its potential vulnerability to external market fluctuations.

Merchandise Exports

Analysis of key statistics for Bahrain:

1. Bahrain's merchandise exports amount to $14,066,000,000, ranking 75th out of 187 countries. This is significantly below the average of $89,542,711,229.95 for this attribute.

2. Bahrain's agricultural raw materials exports as a percentage of merchandise exports is 0.09%, placing it in the 134th position out of 151 countries. This is noticeably lower than the average of 2.97%.

3. Food exports account for 5.09% of Bahrain's merchandise exports, ranking 125th out of 152 countries. This figure is well below the average of 24.06%.

4. Bahrain's fuel exports represent 29.82% of its merchandise exports and rank 21st out of 147 countries. This value is notably higher than the average of 13.70%.

5. Ores and metals exports constitute 31.16% of Bahrain's merchandise exports, placing it in the 19th position out of 152 countries. This percentage is substantially higher than the average of 9.10%.

6. Merchandise exports by the reporting economy, residual make up 0.00003% of Bahrain's total merchandise exports, ranking it 159th out of 166 countries. The figure is significantly below the average of 3.20%.

Summary

In analyzing key macroeconomic indicators for Bahrain, it is evident that the country heavily relies on fuel, ores, and metals exports for its merchandise trade, with significantly lower shares in agriculture and food exports. These statistics signify Bahrain's specialization in certain export sectors, potentially exposing it to market fluctuations in those industries. Diversification of exports could help mitigate risks and enhance economic stability for Bahrain in the long run.

Technology Exports

Manufactures exports (% of merchandise exports): Bahrain's value of 32.26% is below the average of 42.62%. The country is ranked 84 out of 152 countries in this attribute.

High-technology exports (current US$): Bahrain's value of $334,578,591 is significantly below the average of $16,655,934,078.80. The country is ranked 65 out of 151 countries in this attribute.

High-technology exports (% of manufactured exports): Bahrain's value of 8.97% is below the average of 10.15%. The country is ranked 58 out of 150 countries in this attribute.

Medium and high-tech exports (% manufactured exports): Bahrain's value of 29.45% is below the average of 34.29%. The country is ranked 79 out of 149 countries in this attribute.

Summary

Bahrain's macroeconomic indicators for exports paint a picture of a country that is lagging behind in high-technology exports, both in terms of value and as a percentage of total exports. This can signify a lack of competitiveness in the global high-tech market, potentially hindering the country's economic diversification and growth prospects.

Service Exports

Service exports (BoP, current US$): Bahrain's value of $11,614,627,659.57 is significantly below the average of $28,917,292,503.82, ranking 47th out of 171 countries.

ICT service exports (BoP, current US$): Bahrain's value of $907,712,765.96 is below the average of $4,578,501,153.77, placing it at 59th out of 166 countries.

ICT service exports (% of service exports, BoP): Bahrain's value of 7.82% is below the average of 11.75%, giving it a rank of 91 out of 166 countries.

Communications, computer, etc. (% of service exports, BoP): Bahrain's value of 18.71% is below the average of 45.85%, ranking 147th out of 169 countries.

Transport services (% of service exports, BoP): Bahrain's value of 2.23% is below the average of 21.80%, placing it at 154th out of 169 countries.

Travel services (% of service exports, BoP): Bahrain's value of 34.66% is above the average of 26.40%, giving it a rank of 51 out of 167 countries.

Insurance and financial services (% of service exports, BoP): Bahrain's value of 44.40% is significantly above the average of 6.46%, ranking 2nd out of 161 countries.

Summary

Bahrain's performance in key macroeconomic indicators, such as service exports, ICT service exports, and various service export categories, reflects both strengths and weaknesses in its economy. While Bahrain excels in insurance and financial services export, ranking 2nd globally, it lags behind in ICT service exports and transport services. The composition of Bahrain's service exports highlights areas of comparative advantage and potential for diversification, impacting its economic growth and competitiveness on the global stage.

Commercial Service Exports

- Commercial service exports (current US$): Bahrain's value of $11,614,627,659.57 is below the average of $28,508,218,402.80. It ranks 47th out of 171 countries in the dataset.
- Travel services (% of commercial service exports): Bahrain's value of 34.66% is above the average of 27.89%. It ranks 53rd out of 167 countries.
- Computer, communications and other services (% of commercial service exports): Bahrain's value of 18.71% is below the average of 42.44%. It ranks 130th out of 169 countries.
- Insurance and financial services (% of commercial service exports): Bahrain's value of 44.40% is well above the average of 6.97%. It ranks 2nd out of 161 countries.
- Transport services (% of commercial service exports): Bahrain's value of 2.23% is below the average of 23.37%. It ranks 156th out of 169 countries.

Summary

Overall, Bahrain has a mixed performance in key macroeconomic indicators related to commercial service exports. While the country excels in insurance and financial services, ranking 2nd globally, it lags behind in areas like computer, communications, and transport services. The high percentage of insurance and financial services indicates a specialization in these sectors, which can contribute significantly to Bahrain's economy and highlight areas for further growth and diversification.

Broad Import Attributes

Imports of goods and services (current US$): Bahrain's value of 23,296,808,510.6383 is below the average of 126,191,355,599.06197. It ranks 68th out of 163 countries in this attribute.

Imports of goods and services (% of GDP): Bahrain's value of 67.29% is above the average of 44.15%. It ranks 25th out of 163 countries in this attribute.

ICT goods imports (% total goods imports): Bahrain's value of 4.37% is below the average of 6.85%. It ranks 90th out of 143 countries in this attribute.

Goods imports (BoP, current US$): Bahrain's value of 14,192,819,148.9362 is below the average of 92,007,788,027.16908. It ranks 77th out of 171 countries in this attribute.

Imports of goods and services (BoP, current US$): Bahrain's value of 23,727,925,531.9149 is below the average of 120,321,577,988.12045. It ranks 67th out of 170 countries in this attribute.

Imports of goods, services and primary income (BoP, current US$): Bahrain's value of 28,703,989,361.7021 is below the average of 144,514,428,722.27856. It ranks 68th out of 170 countries in this attribute.

Summary

Bahrain's imports of goods and services, both in terms of absolute value and as a percentage of its GDP, are above average compared to global standards. However, its ICT goods imports as a percentage of total goods imports are below average. This indicates that while Bahrain is a significant importer in general, it may need to focus on increasing its imports of ICT goods to keep pace with global trends and technological advancements.

Merchandise Imports

- Bahrain's merchandise imports amount to $12.68 billion, which is significantly below the average of $89.39 billion, ranking 84th out of 190 countries. - Manufactures imports (% of merchandise imports) in Bahrain stand at 54.84%, lower than the average of 66.76%. Bahrain ranks 136th out of 152 countries in this aspect. - Bahrain's agricultural raw materials imports (% of merchandise imports) are 0.57%, falling below the average of 1.27%. Bahrain ranks 128th out of 152 countries. - Food imports (% of merchandise imports) in Bahrain represent 11.66%, underperforming compared to the average of 15.89%. Bahrain ranks 103rd out of 152 countries. - Fuel imports (% of merchandise imports) account for 19.61% in Bahrain, surpassing the average of 11.38%. Bahrain ranks 15th out of 152 countries. - Ores and metals imports (% of merchandise imports) in Bahrain are notably high at 12.38%, compared to the average of 2.57%. This places Bahrain at the 3rd rank out of 152 countries. - Bahrain's merchandise imports by the reporting economy, residual (% of total merchandise imports) stand at 0.39%, lower than the average of 2.51%, ranking 92nd out of 180 countries.

Summary

Bahrain's key macroeconomic indicators for merchandise imports paint a picture of a nation with a unique trade profile. While its total merchandise imports are significantly below the global average, Bahrain stands out in certain categories such as fuel imports and ores/metals imports where it exceeds global averages and ranks relatively high. These statistics are important as they highlight Bahrain's specific strengths and weaknesses in trade, providing insights into its economic dependencies and industrial capabilities.

Service Imports

Service imports (BoP, current US$): Bahrain's service imports amount to $9,535,106,382.98, ranking 55th out of 171 countries. This value is below the attribute average of $27,615,356,170.47.

Communications, computer, etc. (% of service imports, BoP): Bahrain allocates 7.31% of its service imports to this category, ranking 167th out of 169 countries. The focus country's allocation is significantly below the attribute average of 44.40%.

Transport services (% of service imports, BoP): With 22.75% allocated to transport services, Bahrain ranks 116th out of 169 countries. This percentage is lower than the attribute average of 32.90%.

Travel services (% of service imports, BoP): Bahrain dedicates 27.14% of its service imports to travel services, ranking 19th out of 169 countries. This percentage is notably higher than the attribute average of 14.14%.

Insurance and financial services (% of service imports, BoP): Bahrain allocates 42.80% of its service imports to insurance and financial services, ranking 2nd out of 169 countries. This percentage significantly exceeds the attribute average of 8.53%.

Summary

In analyzing Bahrain's key macroeconomic indicators related to service imports, it is evident that the country has a diverse allocation strategy. While Bahrain's dedications to communications, computer, etc. and transport services are below global averages, its emphasis on travel services and notably on insurance and financial services sets it apart. This strategic focus on insurance and financial services can signify Bahrain's position as a financial hub in the region, catering to international clientele and bolstering its overall economic resilience and growth potential.

Commercial Service Imports

1. Commercial service imports (current US$): Bahrain's value for this attribute is $9,535,106,382.98. This is below the attribute average of $27,102,746,128.60. Bahrain ranks 55th out of 171 countries for this statistic.

2. Computer, communications and other services (% of commercial service imports): Bahrain's value is 7.31%, lower than the average of 41.71%. Bahrain ranks 162nd out of 169 countries for this metric.

3. Insurance and financial services (% of commercial service imports): Bahrain excels in this category with a value of 42.80%, significantly above the average of 8.85%. Bahrain ranks 2nd out of 169 countries.

4. Transport services (% of commercial service imports): Bahrain's value stands at 22.75%, below the average of 34.71%. The country ranks 117th out of 169 nations.

5. Travel services (% of commercial service imports): Bahrain performs well in this aspect with a value of 27.14%, surpassing the average of 14.73%. The country ranks 20th out of 169 countries for this statistic.

Summary

Bahrain exhibits a mixed performance in key macroeconomic indicators related to commercial service imports. While the country ranks below average in computer, communications, and other services as well as transport services, it excels in insurance and financial services as well as travel services. These indicators are important as they reflect Bahrain's strengths and weaknesses in different service sectors, highlighting areas for potential growth and improvement in the economy.

Infrastructure

Bahrain's air freight transport, with 191.96 million ton-km, is below the average of 1384.37 million ton-km, ranking 42nd out of 126 countries in the dataset. In terms of registered carrier departures, Bahrain has 17,591 departures, below the average of 134,365.61 departures, ranking 66th out of 149 countries. In passengers carried, Bahrain transported 1,451,359 individuals, below the average of 11,848,242.70 individuals, ranking 61st out of 149 countries. Bahrain's container port traffic stood at 464,010 TEUs, also below the average of 6,907,110.27 TEUs, ranking 82nd out of 110 countries in the dataset.

Summary

Bahrain's air freight transport, registered carrier departures, passengers carried, and container port traffic are all below global averages, indicating potential inefficiencies or limitations in its transportation infrastructure and logistics capabilities. These indicators are crucial as they directly impact Bahrain's connectivity to global markets, trade competitiveness, and overall economic development. Improving and expanding these transportation networks could boost Bahrain's trade volumes, attract more investments, and enhance its position as a regional economic hub.

Information Technology Infrastructure

- Bahrain has 667 secure internet servers, which is significantly below the average of 458,294. They rank 126 out of 193 countries in this aspect.
- In terms of secure internet servers per 1 million people, Bahrain's value of 451.45 is much lower than the average of 14,067. They rank 96 out of the 193 countries analyzed.
- Bahrain excels in individuals using the internet with 99.67% of the population connected, well above the average of 64.76%. They rank 2 out of 180 countries.
- With 151,013 fixed broadband subscriptions, Bahrain falls short of the average of 6,591,956. They rank 117 out of 185 countries in this metric.
- Bahrain's 1,770,966 mobile cellular subscriptions are below the average of 42,526,463, positioning them at rank 148 out of 193 countries considered.

Summary

Bahrain lags behind the global average in terms of secure internet servers and fixed broadband subscriptions, ranking 126th and 117th respectively. However, the country excels in internet usage with a high percentage of its population connected, ranking 2nd globally. The low number of secure internet servers and fixed broadband subscriptions could indicate potential areas for improvement in Bahrain's digital infrastructure to further enhance connectivity and technological advancements, ultimately fostering economic growth and development.

Government Balance Sheet

Reserves and related items (BoP, current US$): Bahrain's value is below the average by $3.37 billion (ranked 143 out of 171 countries).
Total reserves minus gold (current US$): Bahrain's value is below the average by $71.98 billion (ranked 108 out of 161 countries).
Total reserves (includes gold, current US$): Bahrain's value is below the average by $83.18 billion (ranked 108 out of 161 countries).
Total reserves in months of imports: Bahrain's value is below the average by 6.04 months (ranked 139 out of 151 countries).

Summary

Bahrain's reserves and related items, total reserves minus gold, and total reserves including gold are all below average compared to other countries. Additionally, Bahrain has fewer reserves in months of imports compared to the average. These indicators are crucial as they reflect Bahrain's ability to weather economic crises, support its currency, and pay for imports, highlighting potential vulnerabilities in its economy.

Taxes

For the attribute "Tariff rate, applied, weighted mean, all products (%)," Bahrain has a rate of 2.02%, which is below the average rate of 5.21%. This places Bahrain at the 98th rank out of 153 countries included in the data.

Summary

Bahrain's low weighted mean tariff rate of 2.02% for all products is notably below the global average of 5.21%, positioning it favorably at the 98th rank out of 153 countries. This indicates Bahrain's openness to international trade, potentially attracting more foreign investments and fostering economic growth through increased trade activities.

Top Stats

Ranks in Top Decile For:

Attribute Rank/Total
Population ages 15-64 (% of total population) 3/194
Urban population (% of total population) 18/194
Military expenditure (% of GDP) 11/148
Natural gas rents (% of GDP) 8/96
Fertilizer consumption (kilograms per hectare of arable land) 4/187
Trade in services (% of GDP) 12/171
Insurance and financial services (% of service exports, BoP) 2/161
Insurance and financial services (% of commercial service exports) 2/161
Fuel imports (% of merchandise imports) 15/152
Ores and metals imports (% of merchandise imports) 3/152
Insurance and financial services (% of service imports, BoP) 2/169
Insurance and financial services (% of commercial service imports) 2/169
Individuals using the Internet (% of population) 2/180

Ranks in Bottom Decile For:

Attribute Rank/Total
Rural population (% of total population) 177/190
Age dependency ratio (% of working-age population) 192/194
Death rate, crude (per 1,000 people) 190/192
Forest area (sq. km) 188/191
Arable land (hectares) 178/190
Average precipitation in depth (mm per year) 173/178
Renewable internal freshwater resources, total (billion cubic meters) 178/178
Forest rents (% of GDP) 168/174
Aquaculture production (metric tons) 164/180
Agriculture, forestry, and fishing, value added (% of GDP) 178/182
Agriculture, forestry, and fishing, value added (current US$) 164/182
Inflation, consumer prices (annual %) 163/165
Inflation, GDP deflator (annual %) 175/188
Final consumption expenditure (% of GDP) 149/159
Households and NPISHs final consumption expenditure (% of GDP) 145/158
Foreign direct investment, net outflows (BoP, current US$) 141/156
Merchandise exports by the reporting economy, residual (% of total merchandise exports) 159/166
Transport services (% of service exports, BoP) 154/169
Transport services (% of commercial service exports) 156/169
Communications, computer, etc. (% of service imports, BoP) 167/169
Computer, communications and other services (% of commercial service imports) 162/169
Total reserves in months of imports 139/151