Bahrain vs Barbados: Economic Indicators Comparison

Bahrain with a GDP of $37.7B ranked the 99th largest economy in the world, while Barbados ranked 157th with $5.1B. By GDP 5-years average growth and GDP per capita, Bahrain and Barbados ranked 77th vs 159th and 39th vs 50th, respectively.

Gross Domestic Product & Income

StatBahrainBarbados
GDP$37.7B$5.1B
GDP growth, 1 year1.8%-0.5%
GDP growth, 5-years average3.3%0.7%
Population1.5M286k
GDP per capita$24k$18k
GDP per capita growth-3.11%-0.64%
Purchasing Power Parity conversion factor0.191.93
Price level ratio of PPP conversion factor GDP to market exchange rate0.510.97
GDP per capita, PPP adjusted$50k$19k
GNI, Atlas method$34.4B$4.4B
GNI per capita$22k$15k
GNI, PPP adjusted$70.2B$4.7B
GNI per capita, PPP adjusted$45k$16k

Financial system and Human development

StatBahrainBarbados
Income Tax Rate0%40%
Corporate Tax Rate0%5.5%
Inflation, consumer prices2.1%3.6%
Inflation, GDP deflator4.7%3.6%
Unemployment1%9.6%
Economic Freedom Index66.361.4
Personal Freedom Index6.888.22
Human Freedom Index7.157.21
Property Rights Index70.656.6
Judical Effectiveness Index48.436.1
Business Freedom Index70.569.4
Fiscal Health Index2.663.1
Labor Freedom Index71.160
Investment Freedom Index7570
Financial Freedom Index8060
Trade Freedom Index79.456.6
Monetary Freedom Index81.177.9
Government Spending Index66.169.2
Tax Burden Index99.473.6
Government Integrity Index5144
Corruption Perceptions Index3668
Life expectancy at birth, years7779
Suicide mortality rate, per 100,000 people5.90.8
Mortality caused by road traffic injury, per 100,000 people85.6
Intentional homicides, per 100,000 people0.510.5
International tourism, number of arrivals12M680k

Government debt & reserves

StatBahrainBarbados
Central government debt, % of GDP93.4%124.5%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI20.4%-6.8%
Gross savings, % of GDP24.6%-0.5%
Gross capital formation, % of GDP31.9%11.3%
Total reserves including gold$2.3B$431.8M
Foreign direct investment net inflows$111.2M$195.1M

Exports, imports and economic structure

StatBahrainBarbados
Exports of goods and services, % of GDP79.9%42%
Imports of goods and services, % of GDP71.7%40.9%
Current account balance (balance of payments)-$2.4B-$248.2M
Revenue excluding grants, % of GDP26.6%26.7%
Grants excluding technical cooperation, BoP$8.7M$13.8M
Personal remittances receivedN/A$108.3M
Industry including construction value added, % of GDP43.4%14%
Agriculture, forestry and fishing value added, % of GDP0.3%1.3%
Charges for the use of intellectual property, payments BoPN/A$12.1M
Charges for the use of intellectual property, receipts BoPN/A$33.4M
Expense, % of GDP20.2%35.2%
Government Expenditure, % of GDP33.6%32%

Compare with countries close by GDP per capita

Bahrain vs

CountryGDP
per capita
Population
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k

Barbados vs

CountryGDP
per capita
Population
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M