Agriculture > products
fruit, vegetables; poultry, dairy products; shrimp, fish |
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Aid as % of GDP
|
0.6% |
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[101st of 129]
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Definition: Economy > Aid as % of GDP |
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Source: CIA World Factbook, 28 July 2005 |
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Current account balance
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$2,907,000,000.00 |
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[41st of 181]
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Definition: Economy > Current account balance |
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Source: calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC |
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Debt > External
|
$7,858,000,000.00 |
|
[83rd of 136]
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Definition: Economy > Debt > External |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Economic freedom
|
3 |
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[16th of 156]
|
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Definition: Economy > Economic freedom |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Economy > Overview
With its highly developed communication and transport facilities, Bahrain is home to numerous multinational firms with business in the Gulf. Petroleum production and refining account for over 60% of Bahrain's export receipts, over 70% of government revenues, and 11% of GDP (exclusive of allied industries), underpinning Bahrain's strong economic growth in recent years. Aluminum is Bahrain's second major export after oil. Other major segments of Bahrain's economy are the financial and construction sectors. Bahrain is focused on Islamic banking and is competing on an international scale with Malaysia as a worldwide banking center. Bahrain is actively pursuing the diversification and privatization of its economy to reduce the country's dependence on oil. As part of this effort, in August 2006 Bahrain and the US implemented a Free Trade Agreement (FTA), the first FTA between the US and a Gulf state. Continued strong growth hinges on Bahrain's ability to acquire new natural gas supplies as feedstock to support its expanding petrochemical and aluminum industries. Unemployment, especially among the young, and the depletion of oil and underground water resources are long-term economic problems. |
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Definition: Economy > Economy > Overview |
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Source: The Heritage Foundation |
Exchange rates
Bahraini dinars per US dollar - 0.376 (2004), 0.376 (2003), 0.376 (2002), 0.376 (2001), 0.376 (2000) |
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Definition: Economy > Exchange rates |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Exports
|
$13,790,000,000.00 |
|
[72nd of 189]
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Definition: Economy > Exports |
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Source: CIA World Factbook, 28 July 2005 |
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Exports to US
|
$167,600,000.00 |
|
[74th of 224]
|
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Definition: Economy > Exports to US |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP
|
$12,914,440,000.00 |
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[92nd of 203]
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Definition: Economy > GDP |
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Source: US Census Bureau |
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GDP (purchasing power parity)
|
$24,010,000,000.00 |
|
[113rd of 187]
|
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Definition: Economy > GDP (purchasing power parity) |
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Source: World Development Indicators database and CIA World Factbook |
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GDP > PPP
|
$13,599,000,000.00 |
|
[114th of 163]
|
|
Definition: Economy > GDP > PPP |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP > Real growth rate
|
6.7% |
|
[54th of 198]
|
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Definition: Economy > GDP > Real growth rate |
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Source: World Bank. 2005. World Development Indicators 2005. |
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GDP growth > annual %
|
6.9 annual %
|
|
[36th of 187]
|
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Definition: Economy > GDP growth > annual % |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP per capita, PPP > current international $
|
21,482.02 PPP $
|
|
[31st of 169]
|
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Definition: Economy > GDP per capita, PPP > current international $ |
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Source: World Development Indicators database |
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Gross National Income
|
$7,246,280,000.00 |
|
[90th of 172]
|
|
Definition: Economy > Gross National Income |
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Source: World Development Indicators database |
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Gross national income > constant LCU
|
1263500000 |
|
|
|
Definition: Economy > Gross national income > constant LCU |
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Human Development Index
|
0.846 |
|
[43rd of 178]
|
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Definition: Economy > Human Development Index |
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Source: World Development Indicators database |
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Inflation rate (consumer prices)
|
3.3% |
|
[123rd of 192]
|
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Definition: Economy > Inflation rate (consumer prices) |
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Source: Human Development Report 2006, United Nations Development Programme |
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Public debt
|
31.2 % of GDP |
|
[70th of 121]
|
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Definition: Economy > Public debt |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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