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Bahrain

Bahrain is one of the most diversified economies in the Persian Gulf. Highly developed communication and transport facilities make Bahrain home to numerous multinational firms with business in the Gulf. As part of its diversification plans, Bahrain implemented a Free Trade Agreement (FTA) with the US in August 2006, the first FTA between the US and a Gulf state. Bahrain's economy, however, continues to depend heavily on oil. Petroleum production and refining account for more than 60% of Bahrain's export receipts, 70% of government revenues, and 11% of GDP (exclusive of allied industries). Other major economic act...  More..

Economy of Bahrain
SOURCE: CIA - The World Factbook
Currency Bahraini Dinar
Fiscal Year 01 January - 31 December
GDP (PPP) $27.99 billion (2009 est.)
GDP (per capita) $38,400 (2009 est.)
Exports $12.5 billion (2009 est.)
Imports $10.37 billion (2009 est.)
Main Industries Petroleum Processing and Refining, Aluminum Smelting, Iron Pelletization, Fertilizers, Islamic and Offshore Banking, Insurance, Ship Repairing, Tourism
Exports - Commodities Petroleum and Petroleum Products, Aluminum, Textiles
Imports - Commodities Crude Oil, Machinery, Chemicals
Exports Partners India 4%, Saudi Arabia 3.4%, UAE 2.2% (2008)
Imports Partners Saudi Arabia 26%, Japan 8.7%, US 7.6%, China 6%, Germany 4.7%, South Korea 4.6%, UK 4.4% (2008)

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