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// Workers AI · dad joke modeIs Bahrain's economy rich? Oil be.

From Wikipedia, the free encyclopedia
(Redirected from Banking in Bahrain)

Economy of Bahrain
Manama skyline
CurrencyBahraini dinar (BHD)
Calendar Year
Trade organisations
WTO and GCC
Country group
Statistics
PopulationNeutral increase 1,588,670 (2024)[3]
GDP
  • Increase $47.39 billion (nominal, 2025 est.)[4]
  • Increase $112.22 billion (PPP, 2025 est.)[4]
GDP rank
  • Decrease 2.6% (2024)
  • Increase 2.9% (2025e)
  • Increase 3.3% (2026f)
  • Steady 3.3% (2027f)[4]
GDP per capita
  • Increase $29,250 (nominal, 2025 est.)[4]
  • Increase $69,270 (PPP, 2025 est.)[4]
GDP per capita rank
GDP by sector
Positive decrease 0.3% (2025)[4]
Population below national poverty line
N/A[6]
  • Increase 0.899 very high (2023)[7] (38th)
  • N/A IHDI (2022)
Labour force
  • Increase 913,340 (2024)[8]
  • 70.9% employment rate (2015)[9]
  • 44% of the population in the 15-64 age group is non-national[5]
Labour force by occupation
  • agriculture: 1%
  • industry: 32%
  • services: 67%
  • (2004 est.)[5]
Main industries
Offshore Banking and Islamic Banking, Aluminum Smelting, Petroleum processing and refining, Iron Pelletization, Fertilizers, Insurance, Ship Repairing, Tourism
External
Exports$41.303 billion (2024 est.)
Export goods
Aluminum, Petroleum and Petroleum Products, Textiles, Gold, Jewellery, Cheese
Main export partners
Imports$33.044 billion (2024 est.)
Import goods
Crude Oil, Machinery, Chemicals, Gold, Jewellery
Main import partners
Negative increase $60.58 billion (2024 est.)[4]
Public finance
Negative increase 142.5% of GDP (2025 est.)[4]
Decrease $8.479 billion (2023)
Negative increase $10.532 billion (2023)
All values, unless otherwise stated, are in US dollars.

The economy of Bahrain has significantly diversified in recent years to be less dependent on oil and gas, although they remain an important part of the economy.[14] As of 2024, the extraction of oil and natural gas is the third largest sector in the economy.[15] Bahrain advocates for a mixed economy system.[16][17] Two examples of Bahrain's advocacy for this system in the late 20th century are heavily investing in the banking and tourism sectors.[18] In 2008, Bahrain was ranked highly in the Global Financial Centres Index (GFCI), which evaluates financial centres using survey responses and quantitative indicators.[19][20] Bahrain's banking and financial services sector, particularly Islamic banking, have benefited from the regional boom driven by demand for oil.[21] Petroleum is Bahrain's most exported product, accounting for 60% of export receipts, 70% of government revenues, and 11% of GDP.[22] Aluminum is the second most exported product, followed by finance and construction materials.[22]

According to the 2020 edition of the Index of Economic Freedom, Bahrain has the fourth-freest economy in the Middle East and North Africa region and is the 40th-freest economy in the world.[23] One alternative index providing the same statistics places Bahrain at 70th place.[24] Bahrain was recognized by the World Bank as a high-income economy.[25]

Economy overview

[edit]

Oil and natural gas play a dominant role in Bahrain's economy. Despite efforts to diversify the economy, according to the CIA World Fact Book,[26] oil still comprises 85% of Bahraini budget revenues, meaning that over the last few years, lower world energy prices have generated sizeable budget deficits - about 10% of GDP in 2017 alone.[27] Bahrain's economy depends on oil and gas, international banking, and tourism.[18]

In 2003 and 2004, the balance of payments improved due to rising oil prices and increased receipts from the services sector. As a result, the current account balance registered a surplus of US$219 million in 2003 and a surplus of US$442 million in 2004, compared to a deficit of US$35 million in 2002. Bahrain's gross international reserves increased substantially in 2004 to US$1.6 billion, up from US$1.4 billion in the previous three years (2001-2003).

History

[edit]

Though current GDP per capita[28] shrank by 2.4% in the 1980s, it bounced back to a growth of 36% in the 1990s, resulting from diversification initiatives. Bahrain's urgency in embracing economic liberalization is due to its need to diversify the economy away from its limited oil supplies. Unlike its Persian Gulf neighbors, Bahrain has little oil wealth, and the economy has expanded into banking, heavy industries, retail, and tourism. The Kingdom is the main banking hub for the Persian Gulf and a center for Islamic finance, which has been attracted by the strong regulatory framework for the industry. According to the International Monetary Fund's Financial System Stability Assessment of Bahrain's financial regulatory environment, published on 6 March 2006, it was found that:

  • The financial system is enjoying strong performance under favorable circumstances and is likely to remain a major contributor to overall growth. The main risk stems from potential overheating in the economies of the region, but the system should be resilient to likely shocks.
  • Prudential regulations are modern and comprehensive, and supervision is generally effective, especially in the dominant banking sector. Supervisory capacity needs to be expanded in line with new regulations and to keep up with the growth and increasing sophistication of financial institutions.
  • The further expansion of the Islamic banking sector, the development of housing finance, and the deepening of securities markets are important for the future growth of the financial system. The banking and insurance sectors will eventually undergo consolidation.

In 2005, Bahrain signed the US-Bahrain Free Trade Agreement, becoming the first Persian Gulf state to sign such a bilateral trade agreement with the United States. A large-scale privatization program is underway to sell off key government assets: utilities, banks, financial services, and telecommunications have started to come under the control of the private sector.

As a result, the economy has been well-positioned to capitalize on the extra revenues generated in the region, due to the sustained high oil prices since 2002. In January 2006, the United Nations Economic and Social Commission for Western Asia cited Bahrain as the fastest-growing economy in the Arab world.

Between 1981 and 1993, the Bahrain Government's expenditures increased by 64%. During that same time, government revenues continued to be largely dependent on the oil industry and increased by only 4%. Bahrain has at times received significant budgetary support and project grants from Saudi Arabia, Kuwait, and the United Arab Emirates.[29]

The government has used its oil revenues to build an advanced transportation and telecommunications infrastructure. Bahrain is a regional financial and business center. Tourism, especially from the region, has proved another significant source of income.

Bahrain has benefited from the oil boom since 2001, with economic growth of 5.5%. It has succeeded in attracting investment from other Persian Gulf states partly because it used the revenues of the 1970s-early 80s boom to invest in infrastructure development and other projects to improve the standard of living; healthcare, education, public services, and roads have seen improvement.[citation needed]

The success of ventures such as the Bahrain Grand Prix has raised the Kingdom's international profile, and combined with the boom in Islamic banking, has encouraged major airlines to resume services to the country, with Lufthansa announcing on 14 March 2006 that it would schedule three flights a week to Muharraq from Frankfurt.[30]

Bahrain has initiated a series of labor reforms under Minister of Labor Majeed Al Alawi to bring the labor market in line with international standards.

In October 2008, King Hamad bin Isa Al Khalifa announced a comprehensive economic development roadmap known as Economic Vision 2030 that aims to transition Bahrain from oil-based economy to a diversified economy that significantly elevates the living standards of all its citizens.[31]

In 2009, it was announced that the Bahraini Government would be developing land next to the Bahrain International Circuit. The project has been titled @bahrain. @bahrain is part of the Mumtalakat group of companies and will dedicate more than 1 million square meters to business, entertainment, and educational services, with a value in excess of $2bn (BD 850 million).[32]

In July 2023, Bahrain's national origin exports decreased by 23%, valued at BD323 million, while imports fell by 6% to BD441 million, resulting in a trade deficit of BD68 million, according to the Information & Government Authority (iGA) report.[33]

Overall, during 2023, Bahrain's GDP grew by 2.45%, with the non-oil sector increasing by 4.48%.[34]

Macro-economic trend

[edit]

This is a chart of the trend of gross domestic product of Bahrain at market prices estimated by the International Monetary Fund, with figures in millions of Bahraini Dinars.

YearGross Domestic ProductUS Dollar ExchangeInflation Index (year 2000=100)
19801,3540.377 Bahraini Dinars74
19851,6090.377 Bahraini Dinars90
19901,8670.377 Bahraini Dinars89
19952,5520.377 Bahraini Dinars98
20003,4080.377 Bahraini Dinars100
20056,0040.377 Bahraini Dinars105
20109,6680.377 Bahraini Dinars120
201511,6750.377 Bahraini Dinars133
202013,0580.377 Bahraini Dinars139

For purchasing power parity comparisons, the US Dollar is exchanged at 0.30 Bahraini Dinars. Mean wages were $19.81 per man-hour in 2009.

The following table shows the main economic indicators from 1980 to 2024. Inflation below 5% is in green.[35]

Year GDP

(in bil. US$ PPP)

GDP per capita

(in US$ PPP)

GDP

(in bil. US$ nominal)

GDP growth (real) Inflation (in Percent) Government debt

(in % of GDP)

1980 7.3 20,779 3.6 Increase7.5 % Increase3.8 % n/a
1985 Increase11.4 Increase27,186 Increase4.3 Decrease−0.9 % Increase−2.4 % n/a
1990 Increase14.7 Increase30,044 Increase5.0 Increase3.5 % Increase1.3 % Negative increase8 %
1995 Increase20.5 Increase36,705 Increase6.8 Increase1.9 % Increase3.1 % Negative increase14 %
2000 Increase28.0 Increase43,920 Increase9.1 Increase7.0 % Increase−0.7 % Negative increase26 %
2005 Increase40.4 Increase45,440 Increase16.0 Increase6.8 % Increase2.6 % Positive decrease24 %
2010 Increase58.2 Increase47,117 Increase25.7 Increase4.3 % Increase2.0 % Negative increase30 %
2011 Increase60.6 Increase50,673 Increase28.8 Increase2.0 % Increase−0.3 % Negative increase33 %
2012 Increase65.9 Increase54,489 Increase30.7 Increase3.7 % Increase2.8 % Negative increase36 %
2013 Increase67.7 Decrease54,035 Increase32.5 Increase5.4 % Increase3.3 % Negative increase44 %
2014 Increase68.3 Decrease51,938 Increase33.4 Increase4.4 % Increase2.6 % Steady44 %
2015 Decrease62.5 Decrease45,627 Decrease31.1 Increase2.5 % Increase1.8 % Negative increase66 %
2016 Increase63.8 Decrease44,834 Increase32.2 Increase3.8 % Increase2.8 % Negative increase81 %
2017 Increase71.3 Increase47,486 Increase35.5 Increase4.9 % Increase1.4 % Negative increase88 %
2018 Increase74.5 Increase48,424 Increase37.8 Increase2.0 % Increase2.1 % Negative increase90 %
2019 Increase77.5 Increase50,118 Increase38.7 Increase2.0 % Increase1.0 % Negative increase97 %
2020 Increase78.7 Decrease48,166 Decrease34.6 Decrease−5.9 % Increase−2.3 % Negative increase126 %
2021 Increase82.7 Increase48,357 Increase39.3 Increase4.3 % Increase−0.6 % Positive decrease122 %
2022 Increase93.9 Increase49,482 Increase44.4 Increase6.0 % Increase3.6 % Positive decrease111 %
2023 Increase100.1 Increase57,213 Increase46.1 Increase3.0 % Increase0.1 % Negative increase123 %
2024 Increase105.6 Increase57,503 Increase47.8 Increase3.0 % Increase1.4 % Negative increase126 %

Sectors

[edit]

Hydrocarbon industry

[edit]
Nodding donkey crude oil pump in Bahrain (2019)
Bahrain Steel's palletizing plant.

Petroleum and natural gas are the only significant natural resources present in Bahrain. Because of its limited reserves, Bahrain has worked to diversify its economy over the decade prior to 2004. Bahrain has stabilized its oil production at about 40,000 barrels (6,400 m³) per day, and reserves are expected to last 10 to 15 years. The Bahrain Petroleum Company refinery was built in 1935, has a capacity of about 250,000 barrels (40,000 m³) per day, and was the first in the Persian Gulf outside of Iran. After selling 60% of the refinery to the state-owned Bahrain National Oil Company in 1980, Caltex, a U.S. company, now owns 40%. Saudi Arabia provides most of the crude for refinery operations via pipeline. Bahrain also receives a large portion of net output and revenues from Saudi Arabia's Abu Saafa offshore oilfield.

The Bahrain National Gas Company operates a gas liquefaction plant that utilizes gas piped directly from Bahrain's oilfields. Gas reserves should last about 50 years at present rates of consumption. The Gulf Petrochemical Industries Company (GPIC) is a joint venture of the petrochemical industries of Kuwait, the Saudi Basic Industries Corporation, and the Government of Bahrain. The plant, completed in 1985, produces ammonia, methanol and urea for export.

Agriculture and fishing

[edit]
Vegetable market in Bahrain, circa 1930s.

Despite the low rainfall and poor soil, agriculture in Bahrain historically was an important sector of the economy.[36] Before the development of the oil industry, date palm cultivation dominated Bahrain's agriculture, producing sufficient dates for both domestic consumption and export.[36] At least twenty-three varieties of dates are grown, and the leaves, branches, buds, and flowers of the date palm also are used extensively.[36] From the 1950s through the 1970s, changing food consumption habits, as well as the increasing salinity of the aquifers that served as irrigation sources, led to a gradual decline in date cultivation.[36] By the 1980s, a significant number of palm groves had been replaced by new kinds of agricultural activities, including vegetable gardens, nurseries for trees and flowers, poultry production, and dairy farms.[36]

Fish traps in Bahrain, 1961.

The waters surrounding Bahrain traditionally have been rich in more than 200 varieties of fish, many of which constitute a staple of the diet.[37] Before the development of the oil industry, most males engaged in some form of fishing.[37] In addition, the pearl industry constituted one of the most important bases of the island's wealth, and more than 2,000 pearling boats operated during the late 1920s.[37] After 1935 both fishing and pearling as occupations steadily declined.[37] Although the prospect of steady wages attracted many pearl divers to oil-related jobs, pearling was even more adversely affected by the development in Japan of the cultured pearl.[37] By 1953 only twelve pearling boats remained, and these all disappeared within a decade.[37] Fishing declined more gradually, but by the early 1970s fewer than 1,000 fishermen continued to ply their trade.[37] Fewer fishermen meant less fish available in the market despite rising consumer demand, and this situation led to the annual importation of tons of fish to supplement the local catch.[37] In 1981 the government launched a program to revitalize the fishing industry by introducing trawlers, motorizing the traditional dhows, expanding jetties, constructing cold storage facilities, and offering training courses on the use and maintenance of modern fishing equipment.[37] These initiatives contributed to an increase in the total fish catch, which according to estimates of the Food and Agriculture Organization of the United Nations, was 9,200 tons in 1989.[37]

Industries

[edit]

Bahrain's other industries include mining natural minerals. Some of the largest companies include Aluminum Bahrain, which operates the Bahrain Aluminum Extrusion Company and the Gulf Aluminum Rolling Mill Company (GARMCO). Other plants include the Arab Iron and Steel Company's iron ore pelletizing plant (4 million tons annually) and a shipbuilding and repair yard.

Construction

[edit]

Energy

[edit]
Bahrain electricity production by source
Location
Oil tanks in Sitra, Bahrain

Energy in Bahrain describes energy and electricity production, consumption and import in Bahrain. Bahrain is a net energy exporter.

Primary energy use was in Bahrain in 2009 110 TWh and 139 TWh per million persons and in 2008 107 TWh and 139 TWh/million people.[38]

Finance and banking

[edit]

International financial institutions operate in Bahrain, both offshore and onshore, without impediments. In 2001, Bahrain's central bank issued 15 new licenses. More than 100 offshore banking units and representative offices are located in Bahrain, as well as 65 American firms.

Education

[edit]
Students at the University of Bahrain

Bahrain has the oldest public education system in the Arabian Peninsula.[39] The system was established in 1932 when the Bahraini government assumed responsibility for operating two pre-existing primary public schools for boys.[39] Subsequently, separate girls' schools and various universities were established in the 20th century.[39] According to data from the 2010 census, the literacy rate of Bahrain stands at 94.6%. As of 2016, education expenditure accounts for 2.7% of Bahrain's GDP.[40]

The Ministry of Education is responsible for education in the country.

Healthcare

[edit]

Bahrain has a universal health care system, dating back to 1960.[41] Government-provided health care is free to Bahraini citizens and subsidized for non-Bahrainis. Healthcare expenditure accounted for 4.5% of Bahrain's GDP, according to the World Health Organization. Bahraini physicians and nurses form a majority of the country's workforce in the health sector, unlike neighbouring Gulf states.[42]

Real estate

[edit]

The Bahraini government is pursuing an ambitious program of developing 40,000 housing units within the next decade, with close to 20,000 units are under construction. Major housing projects are located in Khalifa City, East Hidd City, East Sitra, and the Naseej project in Northern City. The Ministry of Housing also launched social housing financing programs to support home purchases by Bahraini nationals.[43]

Retail

[edit]

Bahrain's retail sector is a dynamic, fast-growing non-oil industry, generating roughly $1.2B annually and driving over 7% GDP growth. It is heavily defined by ultra-modern mega-malls catering to a young population, historic cultural souqs, and a dense network of international supermarket chains.

Telecommunications

[edit]

Telecommunications in Bahrain are provided by the Bahrain Telecommunications Company, trading as Batelco, as well as other companies such as Zain and STC.[44]

Prior to 1981 telecommunications services were provided by two separate departments: national services were provided by the Bahrain Telephone Company and international services by Cable & Wireless of the United Kingdom. These were combined in 1981 to form Batelco. Since then, other telecommunications companies have entered the market.[44]

Transport

[edit]
Transport layout of Bahrain
A trunk highway in Manama

Transport in Bahrain encompasses road transportation by car, air transportation and shipping.[45]

The country traditionally had one of the cheapest prices for gasoline, at the equivalent of US$0.21 per litre ($0.78 per gallon) in 2011.[46] Due to massive budgetary deficits and low oil prices, the Bahraini government increased the price of gasoline in 2016–2017 to $0.37 per litre.[47]

Tourism

[edit]

Tourism in Bahrain: Bahrain receives four million tourists a year.[48] Most visitors are from Arab states of the Persian Gulf[49] but there are an increasing number of tourists from outside the region.

Tourist arrivals of 2024 in %[50]

Taxation

[edit]

Taxation and import laws apply equally to domestic and foreign-owned companies. Furthermore foreign investors must comply with the same requirements and legislation as domestic firms.[51]

Oil and gas companies are taxed 46 percent on income derived from the sale of hydrocarbons and derivative products.[52]

Bahrain does not levy a personal income tax. However, individuals employed by a natural person or a legal entity or an enterprise in the Kingdom of Bahrain are subject to contributions to the Social Insurance Organization (SIO) rules in Bahrain.[52][53]

Employers and workers must pay social insurance contributions as follows:
(1) for old-age, disability and survivor protection: for Bahraini employees, since May 2022, employers pay 14% of salary plus constant allowances, the percentage will rise by 1% each year (up to 20% in 2028),[54] workers pay 7% plus constant allowances; for non-Bahraini employees, employers pay 3% of salary plus constant allowances (then being entitled only to employment injury benefits).
(2) for unemployment insurance: since June 1, 2007, all wages are subject to a 2% tax, paid for equally by the employer and the employee, applicable both to nationals and non-citizens, and supplemented by a government contribution of 1%. This makes Bahrain the first of the GCC countries to implement a UI scheme.

See also

[edit]

References

[edit]

Notes

[edit]
  1. "World Economic Outlook Database, April 2019". IMF.org. International Monetary Fund. Retrieved 29 September 2019.
  2. "World Bank Country and Lending Groups". datahelpdesk.worldbank.org. World Bank. Retrieved 29 September 2019.
  3. "Population, total - Bahrain". data.worldbank.org. World Bank. Retrieved 21 February 2020.
  4. 1 2 3 4 5 6 7 8 "Report for Selected Countries and Subjects: April 2025". imf.org. International Monetary Fund.
  5. 1 2 3 "MIDDLE EAST :: BAHRAIN". CIA.gov. Central Intelligence Agency. Archived from the original on January 11, 2021. Retrieved 21 February 2020.
  6. "The World Factbook". Archived from the original on January 11, 2021. Retrieved 3 March 2015.
  7. Programme), UNDP (United Nations Development (May 6, 2025). "Human Development Report 2025". Hdr.undp.org. Retrieved July 27, 2026.
  8. "Labor force, total - Bahrain". data.worldbank.org. World Bank & ILO. Retrieved 21 February 2020.
  9. "Employment to population ratio, 15+, total (%) (national estimate) - Bahrain". data.worldbank.org. World Bank & ILO. Retrieved 21 February 2020.
  10. "World Bank Open Data". data.worldbank.org. Retrieved 14 November 2020.
  11. "Export Partners of Bahrain". CIA World Factbook. 2016. Archived from the original on 2016-10-02. Retrieved 2018-03-09.
  12. "Import Partners of Bahrain". CIA World Factbook. 2016. Archived from the original on 2016-08-13. Retrieved 2018-03-09.
  13. "Sovereigns rating list". Standard & Poor's. Retrieved 26 May 2011.
  14. "Lower rates and higher oil activity to lift Bahrain economy". Thebanker.com. Retrieved 2025-12-03.
  15. Ministry of Finance and National Economy (5 May 2025). "Bahrain Economic Report 2024" (PDF). Ministry of Finance and National Economy. Retrieved 25 June 2025.
  16. "Bahrain (10/96)". U.S. Department of State. Retrieved July 27, 2026.
  17. "Bahrain (02/02)". U.S. Department of State. Retrieved July 27, 2026.
  18. 1 2 "Bahrain's economy praised for diversity and sustainability". Bahrain Economic Development Board. Archived from the original on December 28, 2010. Retrieved 24 June 2012.
  19. Hedge Funds Review 18 March 2008
  20. Gulf Daily News 18 March 2008
  21. "Bahrain calling – Banking & Finance". ArabianBusiness.com. 25 April 2008. Retrieved 27 June 2010.
  22. 1 2 "CIA World Factbook, "Bahrain"". Cia.gov. Archived from the original on January 11, 2021. Retrieved 25 January 2011.
  23. "Bahrain Economy: Population, GDP, Inflation, Business, Trade, FDI, Corruption". Heritage.org. Archived from the original on January 15, 2009. Retrieved 2020-09-18.
  24. Gwartney, James; Lawson, Robert; Hall, Joshua; Murphy, Ryan; Berggren, Niclas; McMahon, Fred; Nilsson, Therese (2020). "Economic Freedom of the World Annual Report" (PDF). fraserinstitute.org.
  25. "Bahrain | Data". data.worldbank.org. Retrieved 2020-09-18.
  26. "Country Factsheet", The World Factbook, Central Intelligence Agency, archived from the original on November 18, 2024, retrieved 2025-12-20
  27. "Middle East :: Bahrain — The World Factbook - Central Intelligence Agency". Cia.gov. Archived from the original on January 11, 2021. Retrieved 2019-09-23.
  28. "GDP: GDP per capita, current US dollars". earthtrends.wri.org. Archived from the original on 2012-05-04. Retrieved 2026-01-16.
  29. "Saudi Arabia, Kuwait, UAE to support Bahrain's economy with $10 billion". Reuters. 4 October 2018. Retrieved 27 December 2025.
  30. "Gulf Daily News". Gulf-daily-news.com. Archived from the original on 2007-10-11. Retrieved 2026-01-16.
  31. "Bahrain Economic Vision 2030". Ministry of Finance and National Economy. Retrieved July 27, 2026.
  32. "Gulf Daily News » Business News » Jobs 'for generations to come'". Archived from the original on 11 July 2011. Retrieved 3 March 2015.
  33. "Bahrain-origin exports dip 23% to $848mln in July". Zawya. 2023-08-25. Retrieved 2023-08-31.
  34. Van Zyl, Gareth (26 December 2023). "Bahrain notched up 2.45% growth in third quarter of 2023". Gulf News. Retrieved 27 November 2025.
  35. "Report for Selected Countries and Subjects".
  36. 1 2 3 4 5 Hooglund, Eric (1994). "Bahrain: Agriculture and Fishing". In Metz, Helen Chapin (ed.). Persian Gulf states: country studies (3rd ed.). Washington, D.C.: Federal Research Division, Library of Congress. pp. 122–124. ISBN 0-8444-0793-3. OCLC 29548413.Public Domain This article incorporates text from this source, which is in the public domain.
  37. 1 2 3 4 5 6 7 8 9 10 Hooglund, Eric (1994). "Bahrain: Agriculture and Fishing". In Metz, Helen Chapin (ed.). Persian Gulf states: country studies (3rd ed.). Washington, D.C.: Federal Research Division, Library of Congress. pp. 122–124. ISBN 0-8444-0793-3. OCLC 29548413. Public Domain This article incorporates text from this source, which is in the public domain.{{cite encyclopedia}}: CS1 maint: postscript (link)
  38. IEA Key energy statistics 2011 Archived 2011-10-27 at the Wayback Machine and Statistics 2010 Archived 2010-10-11 at the Wayback Machine Page: Country specific indicator numbers from page 48
  39. 1 2 3 Hooglund, Eric (1994). "Bahrain: Education". In Metz, Helen Chapin (ed.). Persian Gulf states: country studies (3rd ed.). Washington, D.C.: Federal Research Division, Library of Congress. pp. 120–121. ISBN 0-8444-0793-3. OCLC 29548413. Public Domain This article incorporates text from this source, which is in the public domain.{{cite encyclopedia}}: CS1 maint: postscript (link)
  40. "Bahrain". CIA - The World Factbook. Archived from the original on January 11, 2021. Retrieved 20 January 2013.
  41. "Health Care Financing and Expenditure" (PDF). WHO. Archived from the original (PDF) on 17 January 2013. Retrieved 26 June 2012.
  42. "Healthcare in the Kingdom of Bahrain" (PDF). Ministry of Health, Bahrain. Archived from the original (PDF) on 27 February 2012. Retrieved 26 June 2012.
  43. "Bahrain Country Commercial Guide". Trade.gov. Retrieved 2026-07-27.
  44. 1 2 Report: Bahrain 2008. 2008. p. 153.
  45. Elsheshtawy, Yasser (2008-05-27). The evolving Arab city: tradition, modernity and urban development. Routledge. p. 198. ISBN 978-1134128211.
  46. "Bahrain- $0.78 per gallon ($0.21 per liter) - CSMonitor.com". The Christian Science Monitor. 13 September 2011.
  47. "Bahrain raises petrol prices for first time in 33 years as oil price nosedives". Middle East Eye. Retrieved 13 October 2019.
  48. UNWTO Tourism Highlights: 2019 Edition | World Tourism Organization. World Tourism Organization (UNWTO). 2019. doi:10.18111/9789284421152. ISBN 9789284421152. S2CID 240665765.
  49. "International tourism, number of arrivals - Bahrain | Data". data.worldbank.org. Retrieved 2022-12-24.
  50. "UN Tourism Data Dashboard". www.unwto.org. Retrieved 2025-08-05.
  51. "2012 Investment Climate Statement - Bahrain". U.S. Department of State. Retrieved 2026-01-16.
  52. 1 2 "Bahrain - Corporate - Taxes on corporate income". Web.archive.org. Archived from the original on 2025-12-08. Retrieved 2026-01-16.
  53. "Social Insurance Organization (SIO)". Sio.gov.bh. Retrieved 2026-07-27.
  54. "Amendments to Social Insurance Law - Employee Benefits & Compensation - Bahrain". Mondaq.com.

Bibliography

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