bahrain gdp per capita

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, This indicator describes the gross domestic product per capita at current prices.

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.

The plant, completed inproduces ammoniamethanol and urea for export. Bahrain articles. Population below poverty line.

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Gross domestic product GDP per capita in Bahrain Gross domestic product GDP growth rate in Bahrain Bahrain: Growth rate of the real gross domestic product GDP from to compared to the previous year. National debt of Bahrain in relation to gross domestic product GDP Ratio of military expenditure to gross domestic product GDP in Bahrain

Bahrain gdp per capita

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Saudi Arabia provides most of the crude for refinery operation via pipeline. Retrieved 27 June Bilateral Relations Fact Sheets. Gas reserves should last about 50 years at present rates of consumption. Already have an account? Archived from the original on Category Asia portal. World portal. Read Edit View history. Hidden categories: Articles with short description Short description is different from Wikidata Webarchive template wayback links Wikipedia articles incorporating text from the World Factbook Wikipedia articles incorporating text from the United States Department of State Background Notes Articles with Curlie links. Already a user? Additional Information. In , Bahrain's central bank issued 15 new licenses. Then you can access your favorite statistics via the star in the header.

Business and economic data for countries. The average value for Bahrain during that period was U.

Internationally recognised Bahraini companies include Investcorp , the venture capital firm credited with turning around the fortunes of Gucci. Bahrain - Credit Rating at Bilateral Relations Fact Sheets. Hidden categories: Articles with short description Short description is different from Wikidata Webarchive template wayback links Wikipedia articles incorporating text from the World Factbook Wikipedia articles incorporating text from the United States Department of State Background Notes Articles with Curlie links. Bahrain also receives a large portion of the net output and revenues from Saudi Arabia's Abu Saafa offshore oilfield. Economic Calendar. Research expert covering historical data. GDP Growth Rate. World Bank. Statistics on " Bahrain " The most important statistics. International Age structure in Bahrain Please create an employee account to be able to mark statistics as favorites.

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