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Economy of Bahrain vs Honduras compared: GDP & Debt

Updated on by Georank team

Bahrain has a GDP of $47.1B compared to $37.1B for Honduras, ranking 96/197 and 104/197 by economy size, respectively.

Bahrain has $62.8B in government debt (133.4% of GDP), compared to $17.5B (47.1% of GDP) in Honduras.

Bahrain vs Honduras GDP by year

Bahrain
Honduras
1x
Year GDP, current $
Bahrain Honduras
2024 $47,109,734,309 $37,093,565,854
2023 $46,192,260,638 $34,355,805,528
2022 $46,458,191,489 $31,426,041,807
2021 $40,840,212,766 $28,144,331,507
2020 $35,837,632,979 $23,352,232,484
2019 $40,446,808,511 $24,882,225,742
2018 $39,567,978,723 $24,067,750,760
2017 $37,204,813,830 $23,136,247,991
2016 $33,884,680,851 $21,717,604,952
2015 $32,523,297,872 $20,979,791,685
2014 $34,772,526,596 $19,756,533,972
2013 $33,823,324,468 $18,499,729,215
2012 $31,963,404,255 $18,528,554,398
2011 $29,914,680,851 $17,710,275,685
2010 $26,805,984,043 $15,839,344,592
2009 $22,938,218,085 $14,587,496,229
2008 $25,710,904,255 $13,881,731,876
2007 $21,730,000,000 $12,361,257,681
2006 $18,504,760,638 $10,917,477,066
2005 $15,968,723,404 $9,757,012,697
2004 $13,150,159,574 $8,869,299,234
2003 $11,074,813,830 $8,230,391,347
2002 $9,593,510,638 $7,858,255,413
2001 $8,976,196,809 $7,651,162,302
2000 $9,062,898,936 $7,186,638,029
1999 $7,528,469,149 $6,394,090,592
1998 $7,031,309,043 $6,163,707,533
1997 $7,219,407,713 $5,569,178,707
1996 $6,938,166,755 $4,798,834,459
1995 $6,651,180,851 $4,672,346,194
1994 $6,330,627,926 $4,105,686,899
1993 $5,913,001,064 $4,190,773,622
1992 $5,402,232,447 $4,122,846,905
1991 $5,248,911,170 $3,699,381,195
1990 $4,809,511,005 $3,734,460,117
1989 $4,393,093,963 $4,375,896,552
1988 $4,209,834,173 $4,892,660,944
1987 $3,856,922,694 $5,024,800,000
1986 $3,470,746,843 $4,706,100,000
1985 $4,152,376,484 $4,328,300,000
1984 $4,440,874,566 $4,029,900,000
1983 $4,247,030,468 $3,840,550,000
1982 $4,145,421,080 $3,619,500,000
1981 $3,943,109,532 $3,501,800,000
1980 $3,493,834,468 $3,184,400,000
1979 $2,710,160,739 $2,778,900,000
1978 $2,272,042,965 $2,393,650,000
1977 $1,989,060,283 $1,900,700,000
1976 $1,581,709,519 $1,589,300,000
1975 $1,099,107,601 $1,330,050,000
1974 $1,042,176,884 $1,243,000,000
1973 $761,132,545 $1,128,299,436
1972 $534,081,184 $1,030,645,362
1971 $422,181,562 $958,450,000
1970 $391,577,364 $904,400,000
1969 - $844,400,000
1968 - $815,450,000
1967 - $750,950,000
1966 - $692,150,000
1965 - $651,050,000
1964 - $591,100,000
1963 - $553,500,000
1962 - $532,450,000
1961 - $503,300,000
1960 - $475,650,000

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

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

GDP per capita in Bahrain vs Honduras by year

Bahrain
GDP per capita

GDP per capita, PPP
Honduras
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahrain Honduras
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,654 $66,941 $3,426 $7,486
2023 $29,290 $64,171 $3,227 $7,178
2022 $30,471 $61,678 $3,003 $6,805
2021 $27,148 $54,955 $2,735 $6,203
2020 $24,343 $53,436 $2,308 $5,385
2019 $27,260 $56,600 $2,502 $5,785
2018 $26,324 $51,993 $2,465 $5,633
2017 $24,785 $50,185 $2,413 $5,621
2016 $23,800 $47,429 $2,307 $5,186
2015 $23,734 $48,034 $2,271 $4,846
2014 $26,452 $54,299 $2,180 $4,460
2013 $26,990 $56,310 $2,081 $4,137
2012 $26,439 $56,713 $2,126 $4,016
2011 $25,033 $52,677 $2,074 $3,901
2010 $21,819 $49,255 $1,893 $3,758
2009 $19,465 $48,626 $1,781 $3,656
2008 $23,299 $50,330 $1,732 $3,806
2007 $20,908 $49,347 $1,578 $3,664
2006 $19,267 $48,009 $1,426 $3,438
2005 $17,966 $47,268 $1,305 $3,204
2004 $15,964 $46,317 $1,215 $3,001
2003 $14,486 $45,427 $1,156 $2,821
2002 $13,501 $45,091 $1,132 $2,715
2001 $13,573 $46,162 $1,132 $2,645
2000 $14,214 $45,688 $1,093 $2,587
1999 $12,123 $43,561 $999 $2,372
1998 $11,625 $42,281 $989 $2,152
1997 $12,255 $40,965 $917 $1,959
1996 $12,092 $40,106 $813 $1,617
1995 $11,901 $38,839 $814 $1,329
1994 $11,629 $37,579 $736 $1,074
1993 $11,152 $37,870 $773 $838
1992 $10,460 $33,648 $782 $741
1991 $10,434 $31,657 $722 $684
1990 $9,343 $26,902 $750 $540
1989 $8,833 - $904 -
1988 $8,772 - $1,039 -
1987 $8,333 - $1,098 -
1986 $7,777 - $1,058 -
1985 $9,649 - $1,001 -
1984 $10,697 - $960 -
1983 $10,599 - $942 -
1982 $10,712 - $914 -
1981 $10,557 - $912 -
1980 $9,733 - $854 -
1979 $7,891 - $769 -
1978 $6,926 - $683 -
1977 $6,358 - $559 -
1976 $5,310 - $482 -
1975 $3,880 - $417 -
1974 $3,874 - $401 -
1973 $2,981 - $375 -
1972 $2,206 - $353 -
1971 $1,830 - $338 -
1970 $1,742 - $329 -
1969 - - $316 -
1968 - - $314 -
1967 - - $298.2 -
1966 - - $282.9 -
1965 - - $273.9 -
1964 - - $255.9 -
1963 - - $246.6 -
1962 - - $244 -
1961 - - $237.3 -
1960 - - $230.7 -

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

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

Bahrain's GDP per capita is $29,654, ranking 42/197, compared to $3,426 in Honduras, ranking 136/197. Adjusted for purchasing power (GDP per capita PPP), Bahrain ranks 26th at $66,941, while Honduras ranks 146th at $7,486.

Economic indicators

Bahrain Honduras
Gross domestic product
$47.1B
2024
$37.1B
2024
GDP rank
96/197
2024
104/197
2024
GDP growth
2.6%
2023-2024
3.55%
2023-2024
GDP per capita
$29,654
2024
$3,426
2024
GDP per capita rank
42/197
2024
136/197
2024
GDP per capita, PPP
$66,941
2024
$7,486
2024
GDP per capita PPP rank
26/197
2024
146/197
2024
Government debt
$62.8B
2024
$17.5B
2024
Debt-to-GDP ratio
133.4%
2024
47.1%
2024
Government debt per person
$39,552
2024
$1,613
2024
Government debt per person rank
14/185
2024
126/185
2024
Average annual personal income after taxes
$23,253
2026
$4,901
2026
Market capitalization of domestic companies
$20.4B
2024
n/a
Income share by richest 10% n/a
32.3%
2024
Income share by poorest 10% n/a
1.2%
2024
Government expenditure, % of GDP
29.1%
2024
25.7%
2024
Consumer prices inflation
0.92%
2023-2024
4.61%
2023-2024
Central bank interest rate
4.25%
2025
5.75%
2024
Unemployment rate
1.2%
2012
4.91%
2024
Population
1669503
11237619

Spending and national debt comparison by year

Bahrain
Spending

Debt
Honduras
Spending

Debt
1x
Year % of GDP
Bahrain Honduras
Government spending Government debt Government spending Government debt
2024 29.1% 133.4% 25.7% 47.1%
2023 29.1% 123% 27.2% 47.9%
2022 28.4% 111.6% 24% 51%
2021 30.6% 122.3% 28.8% 50.3%
2020 34.6% 125.7% 28.4% 52.5%
2019 31.2% 97.1% 25.9% 44.1%
2018 32.1% 90.4% 26.2% 43.5%
2017 30.7% 84% 26.9% 43.6%
2016 33.3% 77.4% 27.4% 40.3%
2015 34.8% 63.2% 26% 42.3%
2014 27.3% 42.6% 26.4% 43%
2013 32% 42.3% 28% 42.1%
2012 31.1% 34.8% 26.4% 32.4%
2011 30.2% 31.6% 25.9% 31.5%
2010 31.1% 28.8% 26.5% 28.9%
2009 24.6% 20.5% 28.4% 23.8%
2008 22.7% 12.1% 26.4% 22.3%
2007 22.4% 15.7% 24.4% 24%
2006 23.1% 19.4% 24.4% 39.2%
2005 23.9% 23.2% 23.6% 55.6%
2004 25% 28.2% 25.5% 60.9%
2003 28.1% 31.1% 26.4% 67.8%
2002 30.6% 27.2% 26.8% 64.2%
2001 26.5% 25% 25.1% 63.4%
2000 22.2% 24.7% 22.1% 65.8%
1999 27.1% 24.7% 23.3% 75.8%
1998 25.7% 20% 19.4% 67.4%
1997 31% 14.8% 19.4% 70.8%
1996 22.7% 13.1% 18.7% 64.6%
1995 25.1% 13.6% 17.2% 65.4%
1994 26.1% 5.62% 19.2% 86.4%
1993 26.7% 5.95% 23.7% 108%
1992 29.4% 6.45% 20.5% 116.5%
1991 28.5% 6.71% 18.8% 122.2%
1990 32.4% 7.24% 16.4% 200.3%
1989 - - 10.2% 68.4%
1988 - - 16% 71.7%
1987 - - 17.2% 73.6%
1986 - - 19.8% 69.9%
1985 - - 22.5% 65.7%
1984 - - 22.4% 60.5%
1983 - - 20.8% 57.6%
1982 - - 18.7% 54.3%
1981 - - 15.3% 48.1%
1980 - - 16.2% 41%
1979 - - 14.4% 36.1%
1978 - - 13.1% 32.8%
1977 - - 14.6% 28.2%
1976 - - 11.5% 26.5%
1975 - - 11.9% 24%
1974 - - 11.7% 18.5%
1973 - - 11.1% 16.6%
1972 - - 12.6% 16.8%
1971 - - 15.2% 19.8%
1970 - - 15.2% 17.2%
1969 - - 13.6% 13%
1968 - - 11.6% 9.75%
1967 - - 11.4% 9.72%
1966 - - 11.4% 9.47%
1965 - - 10.6% 8.97%
1964 - - 11.4% 9.78%
1963 - - 10.1% 9.02%
1962 - - 10.5% 8.54%
1961 - - 11.2% 8.22%
1960 - - 12.2% 8.97%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, Bahrain's government spending was $13.7B, accounting for 29.1% of its GDP, while Honduras spent $9.52B, or 25.7% of GDP.

Debt-to-GDP ratio is 133.4% in Bahrain and 47.1% in Honduras, ranking 9/185 and 115/185, respectively.

Government deficit by year

Deficit/surplus
Bahrain

Honduras
1x
Year Deficit/surplus, % of GDP
Bahrain Honduras
2024 -10.6% -1.12%
2023 -9.67% -1.96%
2022 -6.02% 1.57%
2021 -10.6% -3.17%
2020 -17.3% -4.58%
2019 -8.57% 0.09%
2018 -11.3% 0.2%
2017 -13.4% -0.41%
2016 -16.6% -0.4%
2015 -17.5% -0.78%
2014 -3.32% -2.81%
2013 -8.55% -5.48%
2012 -5.77% -3.48%
2011 -4.9% -2.94%
2010 -9.29% -3.37%
2009 -5.36% -4.86%
2008 4.08% -0.27%
2007 1.52% -0.25%
2006 2.24% -1.36%
2005 2.8% -0.03%
2004 0.24% -2.48%
2003 -1.7% -5.09%
2002 -3.27% -5.02%
2001 0.7% -3.12%
2000 7.33% 1.51%
1999 -4.85% 1.38%
1998 -5.49% 2.89%
1997 -6.39% 0.08%
1996 0.24% 0.13%
1995 -3.99% -0.24%
1994 -5.18% -0.98%
1993 -2.77% -5.03%
1992 -5.41% -1.41%
1991 -3.47% -1.95%
1990 -6.79% -1.82%
1989 - 2.08%
1988 - -2.65%
1987 - -3.23%
1986 - -5.92%
1985 - -8.58%
1984 - -9.33%
1983 - -9.1%
1982 - -6.17%
1981 - -2.5%
1980 - -2.52%
1979 - -1.55%
1978 - -0.68%
1977 - -2.55%
1976 - -0.93%
1975 - -1.78%
1974 - -0.27%
1973 - -0.71%
1972 - -2.37%
1971 - -3.51%
1970 - -3.24%
1969 - -2.16%
1968 - -0.38%
1967 - -0.73%
1966 - -0.45%
1965 - 0.19%
1964 - -1.77%
1963 - -0.39%
1962 - -0.71%
1961 - -1.05%
1960 - -1.22%
1959 - -1.31%
1958 - -1.16%
1957 - -1.01%
1956 - -1.81%
1955 - -0.42%
1954 - -2.91%
1953 - -2.96%
1952 - -3.21%
1951 - -1.04%
1950 - -0.44%
1949 - -1.92%
1948 - 0.52%
1947 - -0.83%
1946 - 0.32%
1945 - 0%
1944 - -0.82%
1943 - -0.48%
1942 - 0%
1941 - -0.26%
1940 - -0.43%
1939 - -0.52%
1938 - -0.74%
1937 - -1.37%
1936 - -0.76%
1935 - 0%
1934 - 0.06%
1933 - 2.06%
1932 - -2.13%
1931 - -0.94%
1930 - -1.15%
1929 - -0.38%
1928 - 0.72%
1927 - 0.37%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1989, retrieved 2026-02-20).

GeoRank.org/economy/bahrain/honduras | 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 Honduras' deficit of $415M, or 1.12% of GDP.

Over the past 35 years, Bahrain recorded a fiscal deficit in 27 of those years, while Honduras ran a deficit in 27 years. On average, Bahrain posted an annual deficit equal to 5.39% of GDP, compared to deficit of 1.62% of GDP for Honduras.

Inflation comparison by year

Inflation
Bahrain

Honduras
1x
Year Consumer prices inflation
Bahrain Honduras
2024 0.92% 4.61%
2023 0.07% 6.66%
2022 3.63% 9.09%
2021 -0.61% 4.48%
2020 -2.32% 3.47%
2019 1.01% 4.37%
2018 2.09% 4.35%
2017 1.39% 3.93%
2016 2.79% 2.72%
2015 1.85% 3.16%
2014 2.65% 6.13%
2013 3.3% 5.16%
2012 2.76% 5.2%
2011 -0.4% 6.76%
2010 1.96% 4.7%
2009 2.8% 5.5%
2008 3.53% 11.4%
2007 3.26% 6.94%
2006 2.01% 5.58%
2005 2.59% 8.81%
2004 2.35% 8.11%
2003 1.59% 7.67%
2002 -0.5% 7.69%
2001 -1.21% 9.67%
2000 -0.7% 11%
1999 -1.29% 11.7%
1998 -0.37% 13.7%
1997 2.43% 20.2%

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

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

Over the past 28 years, Bahrain has recorded an average annual inflation rate of 1.34%, compared with 7.24% in Honduras. In 2024, inflation was 0.92% in Bahrain and 4.61% in Honduras.

Top exports between countries

Bahrain
Export category Export value
Metals $14.6M
Honduras
Export category Export value

Balance of trade

Bahrain Honduras
Current account balance
$2.28B
2024
-$1.65B
2024
Current account balance ranking
44/190
2024
137/190
2024
Current account balance, % of GDP
+4.84%
2024
-4.45%
2024
Goods imports
$20.7B
2024
$14.6B
2024
Goods exports
$24.3B
2024
$5.67B
2024
Service imports
$12.4B
2024
$3.67B
2024
Service exports
$17B
2024
$3.75B
2024
Imports of goods and services, % of GDP
70.1%
2024
57.6%
2024
Exports of goods and services, % of GDP
87.7%
2024
33.5%
2024

Economic freedom indices

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

Bahrain Honduras
Economic freedom 65.7 59.1
Economic freedom ranking 63/197 105/197
Property rights 60.9 35.7
Government integrity 45.9 24.6
Judicial effectiveness 30 27.6
Tax burden 99.9 83.1
Government spending 75 80.3
Fiscal health 0 95.2
Business freedom 75.9 59.4
Labor freedom 55.5 37.9
Monetary freedom 88.8 70.1
Trade freedom 86.8 69.8
Investment freedom 90 65
Financial freedom 80 60

Economic freedom comparison by year

Bahrain
Honduras
1x
Year Economic freedom index
Bahrain Honduras
2026 65.7 59.1
2025 65.6 59.6
2024 63.4 58.6
2023 62.5 58.7
2022 62 59.5
2021 69.9 59.8
2020 66.3 61.1
2019 66.4 60.2
2018 67.7 60.6
2017 68.5 58.8
2016 74.3 57.7
2015 73.4 57.4
2014 75.1 57.1
2013 75.5 58.4
2012 75.2 58.8
2011 77.7 58.6
2010 76.3 58.3
2009 74.8 58.7
2008 72.2 58.9
2007 71.2 59.1
2006 71.6 57.4
2005 71.2 55.3
2004 75.1 55.3
2003 76.3 60.4
2002 75.6 58.7
2001 75.9 57
2000 75.7 57.6
1999 75.2 56.7
1998 75.6 56.2
1997 76.1 56
1996 76.4 56.6
1995 76.2 57

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

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

The Economic Freedom Index for Bahrain is 65.7, ranking 63/197, compared to 59.1 for Honduras, ranking 105/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahrain Honduras
Services, % of GDP
53.2%
2024
58.4%
2024
Industry, % of GDP
42.3%
2024
26.1%
2024
Agriculture, forestry, and fishing, % of GDP
0.25%
2024
11.2%
2024
GNI, Atlas method
$44.6B
2024
$32.7B
2024
GNI per capita, PPP
$62,230
2024
$6,900
2024
Total reserves including gold
$4.95B
2024
$8.04B
2024
Total reserves ranking
102/177
2024
84/177
2024
Net foreign direct investment
-$2.43B
2024
-$620M
2024
Net inflows of foreign direct investment
$2.7B
2024
$1.31B
2024
Net outflows of foreign direct investment
$275M
2024
$689M
2024
Servicing debt to the IMF, % of GNI n/a
5.23%
2024
Poverty at national poverty lines n/a
62.9%
2024
Gross capital formation, % of GDP
28.4%
2024
22.5%
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/honduras | 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 (1927–1989, 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 (2022, 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.