The 2010 CIA World Factbook. United States. Central Intelligence Agency

60% of Bahrain's export receipts, 70% of government revenues, and 11% of GDP (exclusive of allied industries). Other major economic activities are production of aluminum - Bahrain's second biggest export after oil - finance, and construction. Bahrain competes with Malaysia as a worldwide center for Islamic banking and continues to seek new natural gas supplies as feedstock to support its expanding petrochemical and aluminum industries. Unemployment, especially among the young, is a long-term economic problem Bahrain struggles to address. In 2009, to help lower unemployment among Bahraini nationals, Bahrain reduced sponsorship for expatriate workers, increasing the costs of employing foreign labor. The global financial crisis caused funding for many non-oil projects to dry up and resulted in slower economic growth for Bahrain. Other challenges facing Bahrain include the slow growth of government debt as a result of a large subsidy program, the financing of large government projects, and debt restructuring, such as the bailout of state-owned Gulf Air.

      GDP (purchasing power parity):

      $29.82 billion (2010 est.) country comparison to the world: 108 $28.7 billion (2009 est.)

      $27.83 billion (2008 est.)

      note: data are in 2010 US dollars

      GDP (official exchange rate):

      $21.73 billion (2010 est.)

      GDP - real growth rate:

      3.9% (2010 est.) country comparison to the world: 84 3.1% (2009 est.)

      6.3% (2008 est.)

      GDP - per capita (PPP):

      $40,400 (2010 est.) country comparison to the world: 19 $39,400 (2009 est.)

      $38,700 (2008 est.)

      note: data are in 2010 US dollars

      GDP - composition by sector:

      agriculture: 0.5%

      industry: 56.6%

      services: 42.9% (2010 est.)

      Labor force:

      611,000 country comparison to the world: 154 note: 44% of the population in the 15–64 age group is non-national (2010 est.)

      Labor force - by occupation:

      agriculture: 1%

      industry: 79%

      services: 20% (1997 est.)

      Unemployment rate:

      15% (2005 est.) country comparison to the world: 148

      Population below poverty line:

      NA%

      Household income or consumption by percentage share:

      lowest 10%: NA%

      highest 10%: NA%

      Investment (gross fixed):

      26.6% of GDP (2010 est.) country comparison to the world: 34

      Public debt:

      59.2% of GDP (2010 est.) country comparison to the world: 35 38.5% of GDP (2009 est.)

      Inflation rate (consumer prices):

      3.3% (2010 est.) country comparison to the world: 95 2.8% (2009 est.)

      Commercial bank prime lending rate:

      NA% (31 December 2009 est.)

      NA% (31 December 2008 est.)

      Stock of narrow money:

      $6.372 billion (31 December 2010 est) country comparison to the world: 80 $5.74 billion (31 December 2009 est)

      Stock of broad money:

      $21.02 billion (31 December 2010 est.) country comparison to the world: 81 $18.93 billion (31 December 2009 est.)

      Stock of domestic credit:

      $18.46 billion (31 December 2010 est.) country comparison to the world: 81 $16.34 billion (31 December 2009 est.)

      Market value of publicly traded shares:

      $16.93 billion (31 December 2009) country comparison to the world: 60 $21.18 billion (31 December 2008)

      $28.13 billion (31 December 2007)

      Agriculture - products:

      fruit, vegetables; poultry, dairy products; shrimp, fish

      Industries:

      petroleum processing and refining, aluminum smelting, iron pelletization, fertilizers, Islamic and offshore banking, insurance, ship repairing, tourism

      Industrial production growth rate:

      1.5% (2010 est.) country comparison to the world: 138

      Electricity - production:

      10.25 billion kWh (2007 est.) country comparison to the world: 91

      Electricity - consumption:

      10.1 billion kWh (2007 est.) country comparison to the world: 87

      Electricity - exports:

      0 kWh (2008 est.)

      Electricity - imports:

      0 kWh (2008 est.)

      Oil - production:

      48,560 bbl/day (2009 est.) country comparison to the world: 63

      Oil - consumption:

      39,000 bbl/day (2009 est.) country comparison to the world: 104

      Oil - exports:

      238,300 bbl/day (2007 est.) country comparison to the world: 49

      Oil - imports:

      228,400 bbl/day (2007 est.) country comparison to the world: 40

      Oil - proved reserves:

      124.6 million bbl (1 January 2010 est.) country comparison to the world: 66

      Natural gas - production:

      12.64 billion cu m (2008 est.) country comparison to the world: 38

      Natural gas - consumption:

      12.64 billion cu m (2008 est.) country comparison to the world: 43

      Natural gas - exports:

      0 cu m (2008 est.) country comparison to the world: 48

      Natural gas - imports:

      0 cu m (2008 est.) country comparison to the world: 73

      Natural gas - proved reserves:

      92.03 billion cu m (1 January 2010 est.) country comparison to the world: 54

      Current account balance:

      $589 million (2010 est.) country comparison to the world: 51 $560.2 million (2009 est.)

      Exports:

      $15.13 billion (2010 est.) country comparison to the world: 75 $12.05 billion (2009 est.)

      Exports - commodities:

      petroleum and petroleum products, aluminum, textiles

      Exports - partners:

      India 4.2%, Saudi Arabia 2.78% (2009)

      Imports:

      $12.14 billion (2010 est.) country comparison to the world: 84 $9.613 billion (2009 est.)

      Imports - commodities:

      crude oil, machinery, chemicals

      Imports - partners:

      Saudi Arabia 22.91%, France 9.76%, US 7.95%, China 6.4%, South Korea 5.26%, Japan 5.19%, Germany 5.01%, UK 4.34% (2009)

      Reserves of foreign exchange and