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Economy of Bahrain vs Haiti compared: GDP & Debt

Updated on by Georank team

Bahrain has a GDP of $47.1B compared to $25.2B for Haiti, ranking 96/197 and 117/197 by economy size, respectively.

Bahrain has $62.8B in government debt (133.4% of GDP), compared to $3.91B (15.5% of GDP) in Haiti.

Bahrain vs Haiti GDP by year

Bahrain
Haiti
1x
Year GDP, current $
Bahrain Haiti
2024 $47,109,734,309 $25,224,154,991
2023 $46,192,260,638 $19,850,585,722
2022 $46,458,191,489 $20,253,551,921
2021 $40,840,212,766 $20,944,387,976
2020 $35,837,632,979 $14,508,222,518
2019 $40,446,808,511 $15,016,090,930
2018 $39,567,978,723 $16,403,864,618
2017 $37,204,813,830 $15,093,357,161
2016 $33,884,680,851 $14,069,277,526
2015 $32,523,297,872 $14,849,629,309
2014 $34,772,526,596 $15,146,883,498
2013 $33,823,324,468 $14,902,488,604
2012 $31,963,404,255 $13,708,925,477
2011 $29,914,680,851 $13,008,746,039
2010 $26,805,984,043 $11,859,312,725
2009 $22,938,218,085 $11,597,002,835
2008 $25,710,904,255 $10,432,962,635
2007 $21,730,000,000 $9,228,637,768
2006 $18,504,760,638 $7,638,739,123
2005 $15,968,723,404 $7,030,149,730
2004 $13,150,159,574 $6,087,360,684
2003 $11,074,813,830 $5,071,947,798
2002 $9,593,510,638 $6,205,847,214
2001 $8,976,196,809 $6,331,970,324
2000 $9,062,898,936 $6,813,566,099
1999 $7,528,469,149 $4,153,725,884
1998 $7,031,309,043 $3,723,903,724
1997 $7,219,407,713 $3,338,949,152
1996 $6,938,166,755 $2,907,517,604
1995 $6,651,180,851 $2,813,313,279
1994 $6,330,627,926 $2,167,569,046
1993 $5,913,001,064 $1,878,253,767
1992 $5,402,232,447 $2,257,129,792
1991 $5,248,911,170 $3,473,562,628
1990 $4,809,511,005 $3,096,289,800
1989 $4,393,093,963 $2,736,243,800
1988 $4,209,834,173 $2,613,926,800
1987 $3,856,922,694 $2,047,200,000
1986 $3,470,746,843 $2,318,000,000
1985 $4,152,376,484 $2,009,400,000
1984 $4,440,874,566 $1,816,200,000
1983 $4,247,030,468 $1,623,600,000
1982 $4,145,421,080 $1,474,200,000
1981 $3,943,109,532 $1,479,400,000
1980 $3,493,834,468 $1,383,800,000
1979 $2,710,160,739 $1,080,600,000
1978 $2,272,042,965 $974,200,000
1977 $1,989,060,283 $947,000,000
1976 $1,581,709,519 $879,000,000
1975 $1,099,107,601 $681,400,000
1974 $1,042,176,884 $565,399,322
1973 $761,132,545 $466,798,973
1972 $534,081,184 $371,998,958
1971 $422,181,562 $362,800,000
1970 $391,577,364 $331,200,000
1969 - $391,820,400
1968 - $367,968,800
1967 - $369,124,200
1966 - $368,948,600
1965 - $353,251,800
1964 - $325,281,200
1963 - $294,883,400
1962 - $281,896,800
1961 - $271,066,000
1960 - $273,187,200

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/bahrain/haiti | CC BY

GDP per capita in Bahrain vs Haiti by year

Bahrain
GDP per capita

GDP per capita, PPP
Haiti
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahrain Haiti
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,654 $66,941 $2,143 $3,194
2023 $29,290 $64,171 $1,706 $3,292
2022 $30,471 $61,678 $1,761 $3,275
2021 $27,148 $54,955 $1,841 $3,145
2020 $24,343 $53,436 $1,290 $3,103
2019 $27,260 $56,600 $1,352 $3,237
2018 $26,324 $51,993 $1,496 $3,197
2017 $24,785 $50,185 $1,395 $3,339
2016 $23,800 $47,429 $1,318 $3,253
2015 $23,734 $48,034 $1,411 $3,026
2014 $26,452 $54,299 $1,460 $3,076
2013 $26,990 $56,310 $1,458 $3,042
2012 $26,439 $56,713 $1,361 $2,830
2011 $25,033 $52,677 $1,312 $2,858
2010 $21,819 $49,255 $1,210 $2,695
2009 $19,465 $48,626 $1,197 $2,855
2008 $23,299 $50,330 $1,095 $2,724
2007 $20,908 $49,347 $985 $2,647
2006 $19,267 $48,009 $829 $2,504
2005 $17,966 $47,268 $776 $2,427
2004 $15,964 $46,317 $683 $2,322
2003 $14,486 $45,427 $579 $2,331
2002 $13,501 $45,091 $721 $2,248
2001 $13,573 $46,162 $749 $2,230
2000 $14,214 $45,688 $821 $2,229
1999 $12,123 $43,561 $510 $2,201
1998 $11,625 $42,281 $465 $2,152
1997 $12,255 $40,965 $425 $2,122
1996 $12,092 $40,106 $377 $2,070
1995 $11,901 $38,839 $372 $1,989
1994 $11,629 $37,579 $292.1 $1,807
1993 $11,152 $37,870 $258.1 $2,048
1992 $10,460 $33,648 $316 $2,158
1991 $10,434 $31,657 $497 $2,273
1990 $9,343 $26,902 $452 $2,202
1989 $8,833 - $407 -
1988 $8,772 - $397 -
1987 $8,333 - $318 -
1986 $7,777 - $367 -
1985 $9,649 - $325 -
1984 $10,697 - $299.2 -
1983 $10,599 - $272.8 -
1982 $10,712 - $252.6 -
1981 $10,557 - $258.5 -
1980 $9,733 - $246.5 -
1979 $7,891 - $196.2 -
1978 $6,926 - $180.3 -
1977 $6,358 - $178.7 -
1976 $5,310 - $169.1 -
1975 $3,880 - $133.6 -
1974 $3,874 - $113 -
1973 $2,981 - $95.1 -
1972 $2,206 - $77.3 -
1971 $1,830 - $76.8 -
1970 $1,742 - $71.5 -
1969 - - $86.1 -
1968 - - $82.4 -
1967 - - $84.2 -
1966 - - $85.7 -
1965 - - $83.6 -
1964 - - $78.5 -
1963 - - $72.4 -
1962 - - $70.4 -
1961 - - $69 -
1960 - - $70.8 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/bahrain/haiti | CC BY

Bahrain's GDP per capita is $29,654, ranking 42/197, compared to $2,143 in Haiti, ranking 153/197. Adjusted for purchasing power (GDP per capita PPP), Bahrain ranks 26th at $66,941, while Haiti ranks 177th at $3,194.

Economic indicators

Bahrain Haiti
Gross domestic product
$47.1B
2024
$25.2B
2024
GDP rank
96/197
2024
117/197
2024
GDP growth
2.6%
2023-2024
-4.17%
2023-2024
GDP per capita
$29,654
2024
$2,143
2024
GDP per capita rank
42/197
2024
153/197
2024
GDP per capita, PPP
$66,941
2024
$3,194
2024
GDP per capita PPP rank
26/197
2024
177/197
2024
Government debt
$62.8B
2024
$3.91B
2024
Debt-to-GDP ratio
133.4%
2024
15.5%
2024
Government debt per person
$39,552
2024
$332
2024
Government debt per person rank
14/185
2024
176/185
2024
Average annual personal income after taxes
$23,253
2026
$1,896
2026
Market capitalization of domestic companies
$20.4B
2024
n/a
Income share by richest 10% n/a
31.2%
2012
Income share by poorest 10% n/a
2.1%
2012
Government expenditure, % of GDP
29.1%
2024
5.25%
2024
Consumer prices inflation
0.92%
2023-2024
26.9%
2023-2024
Central bank interest rate
4.25%
2025
n/a
Unemployment rate
1.2%
2012
14.1%
2012
Population
1669503
12076663

Spending and national debt comparison by year

Bahrain
Spending

Debt
Haiti
Spending

Debt
1x
Year % of GDP
Bahrain Haiti
Government spending Government debt Government spending Government debt
2024 29.1% 133.4% 5.25% 15.5%
2023 29.1% 123% 6.46% 28.5%
2022 28.4% 111.6% 8.33% 29.5%
2021 30.6% 122.3% 9.42% 28.9%
2020 34.6% 125.7% 9.86% 22.3%
2019 31.2% 97.1% 9.59% 26.5%
2018 32.1% 90.4% 11.3% 24.1%
2017 30.7% 84% 10.2% 22.5%
2016 33.3% 77.4% 10.5% 24.4%
2015 34.8% 63.2% 12.7% 23.9%
2014 27.3% 42.6% 14.6% 21.4%
2013 32% 42.3% 15.9% 25.1%
2012 31.1% 34.8% 16.4% 24.1%
2011 30.2% 31.6% 14.1% 22.3%
2010 31.1% 28.8% 12.6% 24.9%
2009 24.6% 20.5% 11.6% 19.4%
2008 22.7% 12.1% 11.2% 33.9%
2007 22.4% 15.7% 11.1% 24.4%
2006 23.1% 19.4% 9.67% 32.2%
2005 23.9% 23.2% 8.75% 29.7%
2004 25% 28.2% 7.38% 30.4%
2003 28.1% 31.1% 7.83% 37.8%
2002 30.6% 27.2% 6.64% 32%
2001 26.5% 25% 6.11% 28.8%
2000 22.2% 24.7% 6.25% 32.5%
1999 27.1% 24.7% 6.91% 24.1%
1998 25.7% 20% 5.4% 24%
1997 31% 14.8% 5.46% 26.2%
1996 22.7% 13.1% - 26.2%
1995 25.1% 13.6% - 26.2%
1994 26.1% 5.62% - 35.3%
1993 26.7% 5.95% - 98%
1992 29.4% 6.45% - 118.9%
1991 28.5% 6.71% - 80.7%
1990 32.4% 7.24% - 85.1%
1989 - - - 98.7%
1988 - - - 90.9%
1987 - - 32.4% 58.6%
1986 - - 15.1% 26.5%
1985 - - 17.4% 25.6%
1984 - - 16.9% 27.3%
1983 - - 21.9% 28.9%
1982 - - 20.7% 25.5%
1981 - - 17.4% 23.7%
1980 - - 17.2% 20.3%
1979 - - 13.1% 19.8%
1978 - - 18.9% 20.1%
1977 - - 16.7% 18.5%
1976 - - 13.4% 14.9%
1975 - - 12.8% 14.2%
1974 - - 9.24% 13.3%
1973 - - 9.4% 8.92%
1972 - - 11.2% 11.1%
1971 - - 11.2% 11%
1970 - - 11.4% 12.5%
1969 - - 10.1% -
1968 - - 10.3% -
1967 - - 7.52% -
1966 - - 7.2% -
1965 - - 7.91% -
1964 - - - -
1963 - - 8.95% -
1962 - - - -
1961 - - - -
1960 - - 7.34% 21.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

GeoRank.org/economy/bahrain/haiti | CC BY

In 2024, Bahrain's government spending was $13.7B, accounting for 29.1% of its GDP, while Haiti spent $1.32B, or 5.25% of GDP.

Debt-to-GDP ratio is 133.4% in Bahrain and 15.5% in Haiti, ranking 9/185 and 177/185, respectively.

Government deficit by year

Deficit/surplus
Bahrain

Haiti
1x
Year Deficit/surplus, % of GDP
Bahrain Haiti
2024 -10.6% 6.96%
2023 -9.67% 0.77%
2022 -6.02% -1.75%
2021 -10.6% -2.45%
2020 -17.3% -1.96%
2019 -8.57% -1.99%
2018 -11.3% -1.13%
2017 -13.4% -0.32%
2016 -16.6% 0.12%
2015 -17.5% -1.47%
2014 -3.32% -3.64%
2013 -8.55% -3.98%
2012 -5.77% -2.71%
2011 -4.9% -1.43%
2010 -9.29% -1.5%
2009 -5.36% -2%
2008 4.08% -1.8%
2007 1.52% -1.55%
2006 2.24% -0.91%
2005 2.8% -0.83%
2004 0.24% -1.34%
2003 -1.7% -2.24%
2002 -3.27% -1.8%
2001 0.7% -1.55%
2000 7.33% -1.36%
1999 -4.85% -1.54%
1998 -5.49% 0.21%
1997 -6.39% 0.37%
1996 0.24% -
1995 -3.99% -
1994 -5.18% -
1993 -2.77% -
1992 -5.41% -
1991 -3.47% -
1990 -6.79% -
1989 - -
1988 - -
1987 - -4.94%
1986 - -1.4%
1985 - -0.97%
1984 - -3.52%
1983 - -5.72%
1982 - -3.93%
1981 - -4.38%
1980 - -5.68%
1979 - -2.21%
1978 - -3.24%
1977 - -2.85%
1976 - -1.16%
1975 - -1.73%
1974 - 0.23%
1973 - 0.03%
1972 - 0.24%
1971 - -0.08%
1970 - -0.19%
1969 - -0.39%
1968 - -0.46%
1967 - 0%
1966 - 0%
1965 - 0%
1964 - -
1963 - 0%
1962 - -
1961 - -
1960 - 0.006%
1959 - -1.11%
1958 - -2.21%
1957 - 0.28%
1956 - -2.18%
1955 - -0.86%
1954 - -0.81%
1953 - -1.01%
1952 - -
1951 - -
1950 - -
1949 - -0.12%
1948 - 0.21%
1947 - 1.06%
1946 - 0.51%
1945 - 0.47%
1944 - -
1943 - -
1942 - -
1941 - -0.21%
1940 - 0.13%
1939 - -0.16%
1938 - 0.15%
1937 - -0.08%
1936 - -0.06%
1935 - -0.2%
1934 - -1.23%
1933 - 0%
1932 - 0.4%
1931 - -0.49%
1930 - -0.52%
1929 - -0.32%
1928 - -0.25%
1927 - 0.73%
1926 - -0.45%
1925 - 0.05%
1924 - -0.14%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1987, retrieved 2026-02-20).

GeoRank.org/economy/bahrain/haiti | CC BY

In 2024, Bahrain's government deficit, the difference between spending and revenue, was $5B, equivalent to 10.6% of GDP. This compares to Haiti's surplus of $1.76B, or 6.96% of GDP.

Over the past 35 years, Bahrain recorded a fiscal deficit in 27 of those years, while Haiti ran a deficit in 23 years. On average, Bahrain posted an annual deficit equal to 5.39% of GDP, compared to deficit of 1.17% of GDP for Haiti.

Inflation comparison by year

Inflation
Bahrain

Haiti
1x
Year Consumer prices inflation
Bahrain Haiti
2024 0.92% 26.9%
2023 0.07% 36.8%
2022 3.63% 34%
2021 -0.61% 16.8%
2020 -2.32% 22.8%
2019 1.01% 18.7%
2018 2.09% 12.5%
2017 1.39% 10.7%
2016 2.79% 11.5%
2015 1.85% 6.73%
2014 2.65% 3.44%
2013 3.3% 4.77%
2012 2.76% 5.02%
2011 -0.4% 6.33%
2010 1.96% 4.83%
2009 2.8% 0.39%
2008 3.53% 15.3%
2007 3.26% 6.56%
2006 2.01% 11.3%
2005 2.59% 14%
2004 2.35% 21%
2003 1.59% 28.7%
2002 -0.5% 7.03%
2001 -1.21% 13.3%
2000 -0.7% 9.33%
1999 -1.29% 3%
1998 -0.37% 5.27%
1997 2.43% 20.6%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/bahrain/haiti | CC BY

Over the past 28 years, Bahrain has recorded an average annual inflation rate of 1.34%, compared with 13.5% in Haiti. In 2024, inflation was 0.92% in Bahrain and 26.9% in Haiti.

Top exports between countries

Bahrain
Export category Export value
Machinery & equipment $17K
Haiti
Export category Export value

Balance of trade

Bahrain Haiti
Current account balance
$2.28B
2024
-$145M
2024
Current account balance ranking
44/190
2024
92/190
2024
Current account balance, % of GDP
+4.84%
2024
-0.58%
2024
Goods imports
$20.7B
2024
$4.27B
2024
Goods exports
$24.3B
2024
$767M
2024
Service imports
$12.4B
2024
$518M
2024
Service exports
$17B
2024
$96.6M
2024
Imports of goods and services, % of GDP
70.1%
2024
18.8%
2024
Exports of goods and services, % of GDP
87.7%
2024
3.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Bahrain Haiti
Economic freedom 65.7 46.1
Economic freedom ranking 63/197 178/197
Property rights 60.9 6.6
Government integrity 45.9 13
Judicial effectiveness 30 17.3
Tax burden 99.9 81.7
Government spending 75 98.7
Fiscal health 0 99.5
Business freedom 75.9 30.7
Labor freedom 55.5 54.7
Monetary freedom 88.8 45.1
Trade freedom 86.8 66.4
Investment freedom 90 20
Financial freedom 80 20

Economic freedom comparison by year

Bahrain
Haiti
1x
Year Economic freedom index
Bahrain Haiti
2026 65.7 46.1
2025 65.6 46.1
2024 63.4 48.2
2023 62.5 49.9
2022 62 50
2021 69.9 50.8
2020 66.3 52.3
2019 66.4 52.7
2018 67.7 55.8
2017 68.5 49.6
2016 74.3 51.3
2015 73.4 51.3
2014 75.1 48.9
2013 75.5 48.1
2012 75.2 50.7
2011 77.7 52.1
2010 76.3 50.8
2009 74.8 50.5
2008 72.2 49
2007 71.2 51.4
2006 71.6 49.2
2005 71.2 48.4
2004 75.1 51.2
2003 76.3 50.6
2002 75.6 47.9
2001 75.9 47.1
2000 75.7 45.7
1999 75.2 45.9
1998 75.6 45.7
1997 76.1 45.8
1996 76.4 41
1995 76.2 43

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/bahrain/haiti | CC BY

The Economic Freedom Index for Bahrain is 65.7, ranking 63/197, compared to 46.1 for Haiti, ranking 178/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahrain Haiti
Services, % of GDP
53.2%
2024
48.3%
2024
Industry, % of GDP
42.3%
2024
33.4%
2024
Agriculture, forestry, and fishing, % of GDP
0.25%
2024
15.9%
2024
GNI, Atlas method
$44.6B
2024
$20.7B
2024
GNI per capita, PPP
$62,230
2024
$3,190
2024
Total reserves including gold
$4.95B
2024
$2.72B
2024
Total reserves ranking
102/177
2024
121/177
2024
Net foreign direct investment
-$2.43B
2024
-$20M
2024
Net inflows of foreign direct investment
$2.7B
2024
$20M
2024
Net outflows of foreign direct investment
$275M
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
2.15%
2024
Poverty at national poverty lines n/a
58.5%
2012
Gross capital formation, % of GDP
28.4%
2024
9.94%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/bahrain/haiti | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1924–1996, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2020, retrieved 2026-02-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.