Bahrain Economy

A dynamic, diversified economy at the heart of the Gulf.

At a Glance

Economic Indicators

$44B

GDP (2025 est.)

2.8%

Real GDP growth

1.5M

Population

$29K

GDP per capita

Sectors

Key Economic Sectors

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Financial Services

~17% of GDP. 400+ licensed institutions. Leading Islamic finance hub with AAOIFI and IIFM headquartered in Bahrain.

Oil & Gas

~18% of GDP. BAPCO refinery capacity of 267,000 bpd. Major offshore oil field discovered in 2018 boosting reserves significantly.

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Manufacturing

~14% of GDP. ALBA is one of world's largest aluminum smelters. Growing petrochemicals, food processing, and ship repair.

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Construction

Major projects: Bahrain Metro, Diyar Al-Muharraq, and tourism infrastructure. Construction contributes ~7% of GDP.

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Tourism

11M+ visitors annually. F1 Grand Prix, cultural tourism, and MICE events. National tourism strategy targets significant growth.

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ICT & FinTech

AWS cloud region, FinTech Bay hub, and CBB Regulatory Sandbox. Growing data center and digital economy sector.

Vision

Economic Vision 2030

Bahrain's Economic Vision 2030 aims to shift from an oil-dependent economy to a diversified, knowledge-based economy. Key pillars include:

  • Private sector-led economic growth
  • Global competitiveness and investment attraction
  • Sustainable fiscal balance
  • Human capital development and Bahrain-isation
  • Digital transformation and innovation

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