Markets Actual Q1 Q2 Q3 Q4 2022
Currency 0.38 0.38 0.38 0.38 0.38 0.38
Stock Market (points) 1464.63 1446 1429 1412 1395 1362

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Growth Rate (%) 1.39 1 1.5 1.5 1 1
GDP Annual Growth Rate (%) -6.91 2.5 2.4 2.9 3 3
Unemployment Rate (%) 4.90 4.1 4.1 4.1 4.1 4
Inflation Rate (%) -1.60 2.1 1.5 1.5 1.8 1.8
Interest Rate (%) 1.00 1 1 1 1 1
Balance of Trade (BHD Million) 1638.10 500 500 500 500 500
Current Account (BHD Million ) -298.60 -850 -850 -550 -550 -350
Current Account to GDP (%) -2.10 -6.5 -6.5 -6.5 -6.5 -4.5
Government Debt to GDP (%) 103.40 130 130 130 130 135
Government Budget (% of GDP) -4.70 -10 -10 -10 -10 -9
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 2022
GDP Growth Rate (%) 1.39 1 1.5 1.5 1 1
GDP Annual Growth Rate (%) -6.91 2.5 2.4 2.9 3 3
GDP (USD Billion) 38.57 37 37 37 37 42
GDP Constant Prices (BHD Million) 3030.89 3473 3059 3119 3122 3215
Gross Fixed Capital Formation (BHD Million) 3728.20 3821 3818 3836 3840 3955
GDP per capita (USD) 20913.10 21150 21150 21150 21150 21700
GDP per capita PPP (USD) 45025.80 45000 45000 45000 45000 45900
GDP From Agriculture (BHD Million) 8.83 9.41 8.86 9.09 9.09 9.37
GDP From Construction (BHD Million) 234.60 241 240 241 242 249
GDP From Manufacturing (BDT Million) 447.29 477 440 460 461 475
GDP From Mining (BHD Million) 616.02 551 620 634 634 654
GDP From Public Administration (BHD Million) 374.14 401 438 385 385 397
GDP From Services (BHD Million) 1650.10 1844 1677 1698 1700 1751
GDP From Transport (BHD Million) 156.99 232 131 162 162 167
GDP From Utilities (BHD Million) 47.72 43.97 49.47 49.1 49.15 50.63

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 4.90 4.1 4.1 4.1 4.1 4
Population (Million) 1.62 1.81 1.81 1.81 1.81 1.89

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) -1.60 2.1 1.5 1.5 1.8 1.8
Consumer Price Index CPI (points) 97.80 101 97.85 99.88 99.56 101
GDP Deflator (points) 111.97 114 114 114 114 116
Inflation Rate Mom (%) 1.10 0.2 0.2 0.3 0.3 0.3
CPI Housing Utilities (points) 94.90 98.02 94.29 103 96.61 98.35
CPI Transportation (points) 104.40 106 105 103 106 108
Food Inflation (%) 3.40 2.5 2.1 1.9 2 2

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 1.00 1 1 1 1 1
Interbank Rate (%) 1.98 2.23 2.23 2.23 2.23 2.23
Money Supply M2 (BHD Million) 12840.00 13780 14150 14422 14744 16032
Loan Growth (%) 6.80 2.5 2.2 1.9 3 4
Loans To Private Sector (BHD Million) 5326.90 5408 5516 5457 5472 5636
Central Bank Balance Sheet (BHD Million) 3025.10 3623 3726 3828 3931 4341
Banks Balance Sheet (USD Million) 206470.40 218340 220756 223173 225590 235258
Foreign Exchange Reserves (BHD Million ) 732.00 1000 1100 1250 1250 1250

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (BHD Million) 1638.10 500 500 500 500 500
Current Account (BHD Million ) -298.60 -850 -850 -550 -550 -350
Current Account to GDP (%) -2.10 -6.5 -6.5 -6.5 -6.5 -4.5
Imports (BHD Million) 9478.00 8500 8500 8500 8500 9000
Exports (BHD Million) 11116.00 9000 9000 9000 9000 9500
Capital Flows (BHD Million ) 491.70 -500 -500 -330 -330 250
Foreign Direct Investment (BHD Million) 354.10 350 350 350 350 500

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 103.40 130 130 130 130 135
Government Budget (% of GDP) -4.70 -10 -10 -10 -10 -9
Government Spending (BHD Million) 2096.00 2148 2146 2157 2159 2224
Government Debt (BHD Million) 13079.40 13000 12800 12100 12500 12000
Military Expenditure (USD Million) 1357.00 1310 1310 1310 1310 1350
Government Budget Value (BHD Million) -600.71 -1700 -1700 -1700 -1700 -1500
Government Revenues (BHD Million) 2946.49 2100 2100 2350 2350 2500
Fiscal Expenditure (BHD Million) 3547.20 4100 4100 4100 4100 3800

Taxes Actual Q1 Q2 Q3 Q4 2022
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 2022
Changes in Inventories (BHD Million) 111.00 500 500 500 500 500
Car Registrations (Hundreds) 429.00 450 450 450 450 500

Consumer Actual Q1 Q2 Q3 Q4 2022
Consumer Spending (BHD Million) 4856.70 4978 4973 4998 5002 5152
Consumer Credit (BHD Million) 4717.30 4518 4574 4730 4836 4982
Bank Lending Rate (%) 4.67 4.67 4.67 4.67 4.67 4.67
Gasoline Prices (USD/Liter) 0.37 0.35 0.33 0.32 0.3 0.29


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.