Bahrain gdp per capita

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Additional Information. The values have been rounded to provide a better understanding of the statistic. Skip to main content. The gross domestic product per capita in Bahrain was forecast to continuously increase between and by in total 2, After the fifth consecutive increasing year, the GDP per capita is estimated to reach 31,

Bahrain gdp per capita

The economy of Bahrain is heavily dependent upon oil and gas. Bahrain's finance industry is very successful. In and , the balance of payments improved due to rising oil prices and increased receipts from the services sector. Bahrain's urgency in embracing economic liberalisation is due to its need to diversify the economy away from its limited oil supplies. Unlike its Persian Gulf neighbours, Bahrain has little oil wealth and the economy has expanded into banking , heavy industries, retail and tourism. The Kingdom is the main banking hub for the Persian Gulf and a centre for Islamic finance, which has been attracted by the strong regulatory framework for the industry. A massive privatization programme is underway to sell off key government assets: utilities, banks, financial services, and telecommunications have started to come under the control of the private sector. As a result, the economy has been well positioned to exploit the extra revenues generated in the region thanks to the sustained high oil prices since Bahrain has at times received significant budgetary support and project grants from Saudi Arabia , Kuwait and the United Arab Emirates. The government has used its modest oil revenues to build an advanced infrastructure in transportation and telecommunications. Bahrain is a regional financial and business center.

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Subscription Plans Features. Developer Docs Features. Already a user? App Store Google Play Twitter. Customers Investors Careers About us Contact. Summary Stats Forecast Download. The Gross Domestic Product per capita in Bahrain was last recorded at

Bahrain gdp per capita

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GDP per Capita. International Monetary Fund. The economy of Bahrain is heavily dependent upon oil and gas. Accessed March 10, Download for free. This article incorporates public domain material from The World Factbook ed. Gross external debt. Archived from the original on The success of ventures such as the Bahrain Grand Prix has raised the Kingdom's international profile, and combined with the boom in Islamic banking , has encouraged major airlines to resume services to the country, with Lufthansa announcing on 14 March that it would schedule three flights a week to Muharraq from Frankfurt Archived at the Wayback Machine. Other statistics on the topic.

Additional Information. The values have been rounded to provide a better understanding of the statistic.

The following table shows the main economic indicators in — Credit rating. In , Bahrain's central bank issued 15 new licenses. Calendar Forecast Indicators News. For purchasing power parity comparisons, the US Dollar is exchanged at 0. The Gross Domestic Product per capita in Bahrain was last recorded at Category Asia portal. Retrieved The ideal entry-level account for individual users. GDP Constant Prices.