bh Bahrain 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$46.08 billion

↓ 1.29% vs 2022
GDP per Capita

$29,218.86

↓ 4.56% vs 2022
GDP Growth (Annual %)

2.98%

↓ 3.00pp vs 2022
Inflation Rate (CPI %)

0.07%

↓ 3.55pp vs 2022

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $46.68 billion $46.08 billion -1.29%
GDP per Capita $30,616.26 $29,218.86 -4.56%
GDP Growth (Annual %) 5.98% 2.98% -3.00pp
Inflation (CPI %) 3.63% 0.07% -3.55pp
Unemployment Rate (%) 1.33% 1.15% -0.17pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$46.08 billion
GDP per Capita
$29,218.86
GDP Growth (Annual %)
2.98%
Gross National Income
$43.47 billion
Prices & Employment
Inflation (CPI %)
0.07%
Inflation (GDP Deflator %)
-4.14%
Unemployment Rate (%)
1.15%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
5.86%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, Bahrain's Gross Domestic Product (GDP) is $46.08 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Bahrain for 2023 is $29,218.86. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Bahrain for 2023 is 0.07%. This measures the annual percentage change in the cost of consumer goods and services.

Bahrain's annual GDP growth rate for 2023 is 2.98%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Bahrain for 2023 is 1.15%. This represents the percentage of the labor force that is unemployed and actively seeking employment.