Markets Actual Q4 Q1 Q2 Q3 2021
Currency 0.38 0.38 0.38 0.38 0.38 0.38
Stock Market (points) 1493.98 1471 1454 1437 1420 1386

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -4.59 1.5 1 1 0.8 1.5
GDP Annual Growth Rate (%) -8.90 1.6 2.5 2.4 2.9 3
Unemployment Rate (%) 3.90 4.3 4.1 4.1 4.1 4.1
Inflation Rate (%) -3.60 -0.5 0.8 1.5 1.5 1.8
Interest Rate (%) 1.00 1 1 1 1 1
Balance of Trade (BHD Million) 1094.30 500 500 500 500 500
Current Account (BHD Million ) -298.60 -850 -850 -550 -550 -550
Current Account to GDP (%) -2.10 -9 -6.5 -6.5 -6.5 -6.5
Government Debt to GDP (%) 103.40 110 110 105 105 105
Government Budget (% of GDP) -4.70 -8.2 -10 -10 -10 -10
Corporate Tax Rate (%) 0.00 0 0 0 0 0
Personal Income Tax Rate (%) 0.00 0 0 0 0 0

GDP Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -4.59 1.5 1 1 0.8 1.5
GDP Annual Growth Rate (%) -8.90 1.6 2.5 2.4 2.9 3
GDP (USD Billion) 38.57 36 37 37 37 37
GDP Constant Prices (BHD Million) 2987.48 3329 3256 3285 3282 3422
Gross Fixed Capital Formation (BHD Million) 3676.09 3185 3735 3768 3764 3274
GDP per capita (USD) 20913.10 20500 21150 21150 21150 21150
GDP per capita PPP (USD) 45025.80 44500 45000 45000 45000 45000
GDP From Agriculture (BHD Million) 8.65 9.28 9.28 9.36 9.35 9.54
GDP From Construction (BHD Million) 233.89 241 242 244 244 248
GDP From Manufacturing (BDT Million) 429.42 489 491 496 495 502
GDP From Mining (BHD Million) 605.89 651 623 628 628 669
GDP From Public Administration (BHD Million) 427.28 405 339 342 341 417
GDP From Services (BHD Million) 1815.41 1889 1855 1872 1870 1942
GDP From Transport (BHD Million) 128.24 240 252 255 254 247
GDP From Utilities (BHD Million) 48.31 49.5 35.78 36.1 36.07 50.89

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 3.90 4.3 4.1 4.1 4.1 4.1
Population (Million) 1.62 1.73 1.81 1.81 1.81 1.81

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) -3.60 -0.5 0.8 1.5 1.5 1.8
Consumer Price Index CPI (points) 96.90 98.9 99.29 97.85 99.88 101
GDP Deflator (points) 111.70 111 113 113 113 113
Inflation Rate Mom (%) -1.50 0.2 0.2 0.2 0.3 0.3
CPI Housing Utilities (points) 96.10 95.72 96.77 94.29 103 97.44
CPI Transportation (points) 102.40 102 104 105 103 104
Food Inflation (%) 3.10 2.5 2.5 2.1 1.9 2

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 1.00 1 1 1 1 1
Interbank Rate (%) 2.25 3.77 2.25 2.25 2.25 4.02
Money Supply M2 (BHD Million) 12820.00 13459 13780 14150 14422 14744
Loan Growth (%) 5.46 3.5 2.5 2.2 1.9 3
Loans To Private Sector (BHD Million) 5303.00 5221 5408 5516 5466 5377
Central Bank Balance Sheet (BHD Million) 2859.20 3520 3623 3726 3828 3931
Banks Balance Sheet (USD Million) 210186.70 215923 218340 220756 223173 225590
Foreign Exchange Reserves (BHD Million ) 708.10 850 1000 1100 1250 1250

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (BHD Million) 1094.30 500 500 500 500 500
Current Account (BHD Million ) -298.60 -850 -850 -550 -550 -550
Current Account to GDP (%) -2.10 -9 -6.5 -6.5 -6.5 -6.5
Imports (BHD Million) 10170.00 7500 8500 8500 8500 8500
Exports (BHD Million) 11265.00 8000 9000 9000 9000 9000
Capital Flows (BHD Million ) 491.70 -500 -500 -330 -330 -330
Foreign Direct Investment (BHD Million) 354.10 100 350 350 350 350

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 103.40 110 110 105 105 105
Government Budget (% of GDP) -4.70 -8.2 -10 -10 -10 -10
Government Spending (BHD Million) 2101.10 1918 2135 2154 2152 1972
Government Debt (BHD Million) 13079.40 13100 13000 12800 12100 12500
Military Expenditure (USD Million) 1357.00 1290 1310 1310 1310 1310
Government Budget Value (BHD Million) -1315.60 -1640 -1700 -1700 -1700 -1700
Government Revenues (BHD Million) 2371.60 2100 2100 2350 2350 2350
Fiscal Expenditure (BHD Million) 3687.20 3990 4100 4100 4100 4100

Taxes Actual Q4 Q1 Q2 Q3 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 Q4 Q1 Q2 Q3 2021
Changes in Inventories (BHD Million) 533.99 650 500 500 500 500
Car Registrations (Hundreds) 429.00 350 450 450 450 450

Consumer Actual Q4 Q1 Q2 Q3 2021
Consumer Spending (BHD Million) 4766.30 5022 4843 4885 4881 5163
Consumer Credit (BHD Million) 4596.70 4356 4365 4518 4565 4478
Bank Lending Rate (%) 4.91 5.35 4.91 4.91 4.91 5.6
Gasoline Prices (USD/Liter) 0.37 0.33 0.33 0.32 0.3 0.32


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.