Bahrain: Trade balance, percent of GDP
* indicates monthly or quarterly data series
| Bahrain |
Trade balance as percent of GDP |
|---|---|
| Latest value | 19.49 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1980 - 2021 |
| Average | 12.03 |
| Min - Max | -10.87 - 24.68 |
| Source | The World Bank |
The latest value from 2021 is 19.49 percent, an increase from 5.64 percent in 2020. In comparison, the world average is -5.16 percent, based on data from 168 countries. Historically, the average for Bahrain from 1980 to 2021 is 12.03 percent. The minimum value, -10.87 percent, was reached in 1992 while the maximum of 24.68 percent was recorded in 2011.
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* indicates monthly or quarterly data series
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The trade balance for Bahrain and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 111.53 | 2021 | percent |
| Trade openness | 157.83 | 2023 | percent |
| Financial openness | 2.299 | 2021 | index points |
| Exports, percent of GDP | 87.56 | 2023 | percent |
| Exports, billion dollars | 40.35 | 2023 | billion U.S. dollars |
| Growth of exports | 29.47 | 2021 | percent |
| Imports, percent of GDP | 70.19 | 2021 | percent |
| Imports, billion dollars | 32.38 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 15.83 | 2023 | percent |
| Foreign Direct Investment, billion dollars | 6.84 | 2023 | billion U.S. dollars |
| Portfolio investment inflows, equities | 6,119.41 | 2023 | million dollars (current) |
| Current account, percent of GDP | 5.86 | 2023 | percent |
| Current account, in dollars | 2.70 | 2023 | billion U.S. dollars |
| Trade balance, percent of GDP | 19.49 | 2021 | percent |
| Trade balance, in dollars | 7.97 | 2023 | billion U.S. dollars |
| Reserves | 5.12 | 2023 | billion U.S. dollars |
| Remittances, percent of GDP | 0.00 | 2023 | percent |
| Remittances | 0.00 | 2023 | million U.S. dollars |
| Net errors and omissions | -1,604.26 | 2023 | million USD |
| Foreign exchange reserves | 1.24 | 11/2024 | billion |