Markets Actual Q1 Q2 Q3 Q4 2021
Stock Market (points) 1664.18 1648 1638 1628 1618 1599
Currency 0.38 0.38 0.38 0.38 0.38 0.38

Overview Actual Q1 Q2 Q3 Q4 2021
GDP Growth Rate (%) -0.39 1 0.6 0.8 1.4 1.5
GDP Annual Growth Rate (%) 1.58 1.8 2.9 2.1 2.2 2.5
Unemployment Rate (%) 3.90 4 4 4 4 3.8
Inflation Rate (%) 1.20 1.4 2.7 2.5 2.9 2.6
Interest Rate (%) 2.25 2.25 2 2 2 2.5
Balance of Trade (BHD Million) -320.30 700 700 700 700 700
Current Account (BHD Million ) -834.70 -550 -550 -550 -550 -580
Current Account to GDP (%) -5.90 -4.2 -4.2 -4.2 -4.2 -4.4
Government Debt to GDP (%) 93.40 105 105 105 105 110
Government Budget (% of GDP) -4.70 -8.2 -8.2 -8.2 -8.2 -8.3
Corporate Tax Rate (%) 0.00 0 0 0 0 0
Personal Income Tax Rate (%) 0.00 0 0 0 0 0

GDP Actual Q1 Q2 Q3 Q4 2021
GDP Growth Rate (%) -0.39 1 0.6 0.8 1.4 1.5
GDP Annual Growth Rate (%) 1.58 1.8 2.9 2.1 2.2 2.5
GDP (USD Billion) 37.75 39.31 39.31 39.31 39.31 40.26
GDP Constant Prices (BHD Million) 3210.47 3166 3291 3278 3316 3398
Gross Fixed Capital Formation (BHD Million) 3371.00 3401 3420 3406 3445 3531
GDP per capita (USD) 21438.60 21810 21810 21810 21810 21996
GDP per capita PPP (USD) 41973.30 44002 44002 44002 44002 44002
GDP From Agriculture (BHD Million) 8.89 9.01 8.77 8.73 8.83 9.05
GDP From Construction (BHD Million) 234.04 237 242 241 244 250
GDP From Manufacturing (BDT Million) 477.73 448 464 462 467 479
GDP From Mining (BHD Million) 596.00 558 621 619 626 641
GDP From Public Administration (BHD Million) 430.05 403 436 435 440 450
GDP From Services (BHD Million) 1805.73 1859 1895 1888 1909 1957
GDP From Transport (BHD Million) 252.95 238 250 249 251 258
GDP From Utilities (BHD Million) 62.00 55.44 60.31 60.07 60.76 62.28

Labour Actual Q1 Q2 Q3 Q4 2021
Unemployment Rate (%) 3.90 4 4 4 4 3.8
Population (Million) 1.57 1.73 1.73 1.73 1.73 1.81

Prices Actual Q1 Q2 Q3 Q4 2021
Inflation Rate (%) 1.20 1.4 2.7 2.5 2.9 2.6
Consumer Price Index CPI (points) 99.40 102 102 102 102 105
GDP Deflator (points) 107.18 109 110 110 110 113
Inflation Rate Mom (%) -0.90 0.4 0.5 0.3 0.3 0.2
CPI Housing Utilities (points) 96.20 101 103 101 98.99 102
CPI Transportation (points) 103.00 101 103 103 106 109
Food Inflation (%) 2.70 3.1 3.3 3 2.9 2.2

Money Actual Q1 Q2 Q3 Q4 2021
Interest Rate (%) 2.25 2.25 2 2 2 2.5
Interbank Rate (%) 2.58 2.67 2.42 2.42 2.42 2.67
Money Supply M2 (BHD Million) 11980.40 12388 12816 13138 13459 14744
Loan Growth (%) 2.60 10 10 11 11.2 11.2
Loans To Private Sector (BHD Million) 5166.90 5139 5318 5225 5308 5441
Foreign Exchange Reserves (BHD Million ) 1312.60 1300 1100 1350 1400 1450
Central Bank Balance Sheet (BHD Million) 3127.60 2990 3000 3190 3250 3310
Banks Balance Sheet (USD Million) 205538.20 208000 210200 212700 215500 220000

Trade Actual Q1 Q2 Q3 Q4 2021
Balance of Trade (BHD Million) -320.30 700 700 700 700 700
Current Account (BHD Million ) -834.70 -550 -550 -550 -550 -580
Current Account to GDP (%) -5.90 -4.2 -4.2 -4.2 -4.2 -4.4
Imports (BHD Million) 7185.40 6500 6500 6500 6500 6800
Exports (BHD Million) 6865.10 7200 7200 7200 7200 7500
Foreign Direct Investment (BHD Million) 10902.70 9700 9700 9700 9700 11000
Capital Flows (BHD Million ) 1481.40 -330 -330 -330 -330 -330

Government Actual Q1 Q2 Q3 Q4 2021
Government Debt to GDP (%) 93.40 105 105 105 105 110
Government Budget (% of GDP) -4.70 -8.2 -8.2 -8.2 -8.2 -8.3
Government Spending (BHD Million) 1890.00 1907 1917 1910 1932 1980
Government Debt (BHD Million) 12045.40 12800 12850 13000 13500 14500
Military Expenditure (USD Million) 1357.00 1290 1290 1290 1290 1290
Government Budget Value (BHD Million) -1315.60 -1640 -1640 -1640 -1640 -1640
Government Revenues (BHD Million) 2371.60 2350 2350 2350 2350 2350
Fiscal Expenditure (BHD Million) 3687.20 3990 3990 3990 3990 3990

Taxes Actual Q1 Q2 Q3 Q4 2021
Corporate Tax Rate (%) 0.00 0 0 0 0 0
Personal Income Tax Rate (%) 0.00 0 0 0 0 0
Social Security Rate (%) 19.00 19 19 19 19 19
Social Security Rate For Companies (%) 12.00 12 12 12 12 12
Social Security Rate For Employees (%) 7.00 7 7 7 7 7

Business Actual Q1 Q2 Q3 Q4 2021
Changes in Inventories (BHD Million) 647.00 450 450 450 450 450
Car Registrations (Hundreds) 429.00 508 508 508 508 508

Consumer Actual Q1 Q2 Q3 Q4 2021
Consumer Spending (BHD Million) 4729.70 4772 4798 4779 4834 4955
Consumer Credit (BHD Million) 4348.80 4261 4366 4388 4437 4548
Gasoline Prices (USD/Liter) 0.37 0.33 0.34 0.35 0.36 0.36
Bank Lending Rate (%) 4.98 4.98 4.73 4.73 4.73 4.98


This page has economic forecasts for Bahrain including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Bahrain economy.