Bahrain GDP Trends from 1980 to 2024: A overall increase with some decline Flow

Bahrain's GDP changed from approximately $3B 593M in 1980 to $46B 790M in 2024, showing an overall 1202.3% sharply increased during the period.
The lowest GDP was recorded in 1986 at $3B 347M, and the highest in 2024 at $46B 790M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 6.0%.
For comparison, the average annual growth rate of Qatar was 8.5%, and that of Saudi Arabia was 4.4%.

Overview of Bahrain's GDP (1980–2024)

The Gross Domestic Product (GDP) of Bahrain recorded a 1202.3% sharply increased from 1980 to 2024.
The average GDP during this period was $17B 734M, and the median was $9B 594M.
GDP fluctuated within a range of $43B 443M, with a standard deviation of $14B 249M.
The average annual change was $1B 26M.


Bahrain GDP from 1980 to 2024

The total market value of goods and services produced annually in Bahrain.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 1986, $3B 347M
    • Highest GDP: 2024, $46B 790M
    • Most Recent GDP: 2024, $46B 790M

    Notable Annual GDP Changes

    • 2022: Significant increase in GDP
    • 2020: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Bahrain's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $38B 654M → $34B 622M
    • Outcome: sharply declined

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $21B 730M → $22B 938M
    • Outcome: increased

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $9B 63M → $9B 189M
    • Outcome: increased

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $7B 318M → $6B 996M
    • Outcome: declined

    Key Economic Indicators of Bahrain (1980–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 3B 593M
    $ 10,189.61
    $ 20,779.53
    $ 7B 326M
    7.494 %
    5.131 %
    31.52 %
    0 %
    353,000 people
    1981
    $ 4B 56M
    $ 11,061.39
    $ 22,479.72
    $ 8B 242M
    2.777 %
    10.591 %
    37 %
    0 %
    367,000 people
    1982
    $ 4B 264M
    $ 11,221.70
    $ 24,508.46
    $ 9B 312M
    6.406 %
    9.981 %
    39.84 %
    0 %
    380,000 people
    1983
    $ 4B 368M
    $ 11,117.66
    $ 26,351
    $ 10B 354M
    6.994 %
    2.35 %
    30.52 %
    0 %
    393,000 people
    1984
    $ 4B 534M
    $ 11,163.44
    $ 27,517.78
    $ 11B 176M
    4.186 %
    4.816 %
    38.12 %
    0 %
    406,000 people
    1985
    $ 4B 277M
    $ 10,182.37
    $ 27,187.36
    $ 11B 423M
    -0.93 %
    0.908 %
    26.23 %
    0 %
    420,000 people
    1986
    $ 3B 347M
    $ 7,695.81
    $ 26,919.20
    $ 11B 709M
    0.484 %
    -2.058 %
    6 %
    0 %
    435,000 people
    1987
    $ 3B 626M
    $ 8,049.36
    $ 26,310.42
    $ 11B 852M
    -1.222 %
    -5.552 %
    14.90 %
    0 %
    450,000 people
    1988
    $ 4B 481M
    $ 9,602.79
    $ 27,857.63
    $ 13B 1M
    5.952 %
    4.285 %
    12.67 %
    0 %
    467,000 people
    1989
    $ 4B 675M
    $ 9,668.04
    $ 28,226.03
    $ 13B 647M
    1.013 %
    -4.131 %
    15.47 %
    0 %
    484,000 people
    1990
    $ 4B 965M
    $ 10,179.63
    $ 30,046.36
    $ 14B 654M
    3.503 %
    1.407 %
    21.40 %
    -6.128 %
    488,000 people
    1991
    $ 5B 209M
    $ 10,252.36
    $ 30,501.98
    $ 15B 496M
    2.286 %
    -11.564 %
    20.13 %
    -3.186 %
    508,000 people
    1992
    $ 5B 442M
    $ 10,536.82
    $ 32,874.36
    $ 16B 978M
    7.123 %
    -15.189 %
    18.43 %
    -5.024 %
    516,000 people
    1993
    $ 5B 986M
    $ 11,290.27
    $ 35,272.16
    $ 18B 702M
    7.604 %
    -5.645 %
    17.75 %
    -2.177 %
    530,000 people
    1994
    $ 6B 411M
    $ 11,777.07
    $ 36,216.78
    $ 19B 715M
    3.212 %
    -3.977 %
    19.92 %
    -4.684 %
    544,000 people
    1995
    $ 6B 787M
    $ 12,143.09
    $ 36,708.28
    $ 20B 515M
    1.923 %
    3.499 %
    26.22 %
    -3.355 %
    559,000 people
    1996
    $ 7B 57M
    $ 12,298.65
    $ 37,592.05
    $ 21B 570M
    3.25 %
    3.69 %
    26.83 %
    1.002 %
    574,000 people
    1997
    $ 7B 318M
    $ 12,422.12
    $ 38,120.01
    $ 22B 457M
    2.348 %
    -0.424 %
    25.52 %
    -5.877 %
    589,000 people
    1998
    $ 6B 996M
    $ 11,565.97
    $ 39,366.82
    $ 23B 811M
    4.849 %
    -11.128 %
    13.93 %
    -4.809 %
    605,000 people
    1999
    $ 7B 582M
    $ 12,210.22
    $ 41,208.18
    $ 25B 590M
    5.972 %
    -0.295 %
    14.87 %
    -3.989 %
    621,000 people