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Economy of Bahrain vs Jordan compared: GDP & Debt

Updated on by Georank team

Bahrain has a GDP of $47.1B compared to $53.4B for Jordan, ranking 96/197 and 90/197 by economy size, respectively.

Bahrain has $62.8B in government debt (133.4% of GDP), compared to $48.1B (90.2% of GDP) in Jordan.

Bahrain vs Jordan GDP by year

Bahrain
Jordan
1x
Year GDP, current $
Bahrain Jordan
2024 $47,109,734,309 $53,352,289,577
2023 $46,192,260,638 $51,088,476,338
2022 $46,458,191,489 $48,764,963,380
2021 $40,840,212,766 $46,296,100,141
2020 $35,837,632,979 $43,700,383,099
2019 $40,446,808,511 $44,503,006,338
2018 $39,567,978,723 $43,370,860,704
2017 $37,204,813,830 $41,608,435,915
2016 $33,884,680,851 $39,892,551,127
2015 $32,523,297,872 $38,587,017,887
2014 $34,772,526,596 $36,847,643,521
2013 $33,823,324,468 $34,454,440,141
2012 $31,963,404,255 $31,634,561,690
2011 $29,914,680,851 $29,524,149,155
2010 $26,805,984,043 $27,133,804,225
2009 $22,938,218,085 $24,537,876,056
2008 $25,710,904,255 $22,658,715,989
2007 $21,730,000,000 $17,110,437,236
2006 $18,504,760,638 $15,056,981,664
2005 $15,968,723,404 $12,588,998,590
2004 $13,150,159,574 $11,411,706,629
2003 $11,074,813,830 $10,195,627,645
2002 $9,593,510,638 $9,582,510,578
2001 $8,976,196,809 $8,975,814,653
2000 $9,062,898,936 $8,460,789,845
1999 $7,528,469,149 $8,149,929,478
1998 $7,031,309,043 $7,912,270,804
1997 $7,219,407,713 $7,245,839,210
1996 $6,938,166,755 $6,927,503,526
1995 $6,651,180,851 $6,727,597,032
1994 $6,330,627,926 $6,236,295,978
1993 $5,913,001,064 $5,606,400,222
1992 $5,402,232,447 $5,310,833,194
1991 $5,248,911,170 $4,344,467,193
1990 $4,809,511,005 $4,160,087,508
1989 $4,393,093,963 $4,221,373,674
1988 $4,209,834,173 $6,277,451,829
1987 $3,856,922,694 $6,756,209,762
1986 $3,470,746,843 $6,402,050,485
1985 $4,152,376,484 $4,993,601,520
1984 $4,440,874,566 $4,967,162,160
1983 $4,247,030,468 $4,920,692,191
1982 $4,145,421,080 $4,681,240,993
1981 $3,943,109,532 $4,383,944,703
1980 $3,493,834,468 $3,910,044,474
1979 $2,710,160,739 $3,271,368,781
1978 $2,272,042,965 $2,602,208,589
1977 $1,989,060,283 $2,096,778,602
1976 $1,581,709,519 $1,708,521,219
1975 $1,099,107,601 $1,363,073,498
1974 $1,042,176,884 $1,197,483,949
1973 $761,132,545 $943,783,840
1972 $534,081,184 $788,479,685
1971 $422,181,562 $678,159,729
1970 $391,577,364 $639,519,744
1969 - $698,879,720
1968 - $561,119,776
1967 - $631,679,747
1966 - $657,999,737
1965 - $599,759,760

Data sources: World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06).

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

GDP per capita in Bahrain vs Jordan by year

Bahrain
GDP per capita

GDP per capita, PPP
Jordan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahrain Jordan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,654 $66,941 $4,618 $10,821
2023 $29,290 $64,171 $4,466 $10,412
2022 $30,471 $61,678 $4,332 $9,927
2021 $27,148 $54,955 $4,183 $9,182
2020 $24,343 $53,436 $4,022 $9,579
2019 $27,260 $56,600 $4,170 $9,429
2018 $26,324 $51,993 $4,145 $9,042
2017 $24,785 $50,185 $4,066 $9,266
2016 $23,800 $47,429 $3,987 $8,748
2015 $23,734 $48,034 $4,043 $8,967
2014 $26,452 $54,299 $4,191 $9,145
2013 $26,990 $56,310 $4,311 $9,817
2012 $26,439 $56,713 $4,170 $9,739
2011 $25,033 $52,677 $3,947 $9,632
2010 $21,819 $49,255 $3,718 $9,417
2009 $19,465 $48,626 $3,436 $9,291
2008 $23,299 $50,330 $3,242 $8,983
2007 $20,908 $49,347 $2,506 $8,416
2006 $19,267 $48,009 $2,343 $8,046
2005 $17,966 $47,268 $2,088 $7,697
2004 $15,964 $46,317 $1,940 $7,074
2003 $14,486 $45,427 $1,776 $6,500
2002 $13,501 $45,091 $1,706 $6,256
2001 $13,573 $46,162 $1,632 $5,948
2000 $14,214 $45,688 $1,571 $5,641
1999 $12,123 $43,561 $1,545 $5,402
1998 $11,625 $42,281 $1,532 $5,264
1997 $12,255 $40,965 $1,436 $5,171
1996 $12,092 $40,106 $1,410 $5,055
1995 $11,901 $38,839 $1,416 $5,027
1994 $11,629 $37,579 $1,367 $4,830
1993 $11,152 $37,870 $1,289 $4,726
1992 $10,460 $33,648 $1,287 $4,654
1991 $10,434 $31,657 $1,110 $4,195
1990 $9,343 $26,902 $1,149 $4,317
1989 $8,833 - $1,260 -
1988 $8,772 - $1,966 -
1987 $8,333 - $2,217 -
1986 $7,777 - $2,200 -
1985 $9,649 - $1,797 -
1984 $10,697 - $1,871 -
1983 $10,599 - $1,939 -
1982 $10,712 - $1,929 -
1981 $10,557 - $1,885 -
1980 $9,733 - $1,750 -
1979 $7,891 - $1,519 -
1978 $6,926 - $1,249 -
1977 $6,358 - $1,039 -
1976 $5,310 - $873 -
1975 $3,880 - $718 -
1974 $3,874 - $651 -
1973 $2,981 - $531 -
1972 $2,206 - $460 -
1971 $1,830 - $412 -
1970 $1,742 - $409 -
1969 - - $474 -
1968 - - $409 -
1967 - - $497 -
1966 - - $558 -
1965 - - $546 -

Data sources: World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06).

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

Bahrain's GDP per capita is $29,654, ranking 42/197, compared to $4,618 in Jordan, ranking 123/197. Adjusted for purchasing power (GDP per capita PPP), Bahrain ranks 26th at $66,941, while Jordan ranks 131st at $10,821.

Economic indicators

Bahrain Jordan
Gross domestic product
$47.1B
2024
$53.4B
2024
GDP rank
96/197
2024
90/197
2024
GDP growth
2.6%
2023-2024
2.49%
2023-2024
GDP per capita
$29,654
2024
$4,618
2024
GDP per capita rank
42/197
2024
123/197
2024
GDP per capita, PPP
$66,941
2024
$10,821
2024
GDP per capita PPP rank
26/197
2024
131/197
2024
Government debt
$62.8B
2024
$48.1B
2024
Debt-to-GDP ratio
133.4%
2024
90.2%
2024
Government debt per person
$39,552
2024
$4,167
2024
Government debt per person rank
14/185
2024
91/185
2024
Average annual personal income after taxes
$23,253
2026
$4,787
2026
Market capitalization of domestic companies
$20.4B
2024
$24.9B
2024
Income share by richest 10% n/a
27.4%
2010
Income share by poorest 10% n/a
3.5%
2010
Government expenditure, % of GDP
29.1%
2024
33%
2024
Consumer prices inflation
0.92%
2023-2024
1.56%
2023-2024
Central bank interest rate
4.25%
2025
5.75%
2025
Unemployment rate
1.2%
2012
16.6%
2023
Population
1669503
11555022

Spending and national debt comparison by year

Bahrain
Spending

Debt
Jordan
Spending

Debt
1x
Year % of GDP
Bahrain Jordan
Government spending Government debt Government spending Government debt
2024 29.1% 133.4% 33% 90.2%
2023 29.1% 123% 32.9% 89%
2022 28.4% 111.6% 33.3% 88.6%
2021 30.6% 122.3% 34.1% 87.6%
2020 34.6% 125.7% 33.7% 104.5%
2019 31.2% 97.1% 32.4% 92.9%
2018 32.1% 90.4% 32% 87.4%
2017 30.7% 84% 29.6% 86.1%
2016 33.3% 77.4% 29.8% 85%
2015 34.8% 63.2% 31.7% 83.4%
2014 27.3% 42.6% 39.2% 78.6%
2013 32% 42.3% 36.4% 78.1%
2012 31.1% 34.8% 32.2% 73.8%
2011 30.2% 31.6% 27.4% 63.9%
2010 31.1% 28.8% 29.8% 59.5%
2009 24.6% 20.5% 35.9% 55.5%
2008 22.7% 12.1% 35.8% 53.2%
2007 22.4% 15.7% 37.7% 64.4%
2006 23.1% 19.4% 34.7% 65.6%
2005 23.9% 23.2% 37.3% 80.5%
2004 25% 28.2% 36.6% 86%
2003 28.1% 31.1% 36% 94.6%
2002 30.6% 27.2% 32.9% 91.3%
2001 26.5% 25% 32.1% 89.7%
2000 22.2% 24.7% 33.1% 85.6%
1999 27.1% 24.7% 32.7% 98.1%
1998 25.7% 20% 34.9% 99.8%
1997 31% 14.8% 33.9% 98.1%
1996 22.7% 13.1% 36.2% 104.9%
1995 25.1% 13.6% 35.5% 106.1%
1994 26.1% 5.62% 34.3% 116.2%
1993 26.7% 5.95% 36.4% 126.6%
1992 29.4% 6.45% 35.5% 139.6%
1991 28.5% 6.71% 44.9% 187%
1990 32.4% 7.24% 44% 204.8%
1989 - - 42.5% 195.4%
1988 - - 44.3% 129.3%
1987 - - 42.1% 101.9%
1986 - - 33.8% 84.3%
1985 - - 42.4% 85.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

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

In 2024, Bahrain's government spending was $13.7B, accounting for 29.1% of its GDP, while Jordan spent $17.6B, or 33% of GDP.

Debt-to-GDP ratio is 133.4% in Bahrain and 90.2% in Jordan, ranking 9/185 and 32/185, respectively.

Government deficit by year

Deficit/surplus
Bahrain

Jordan
1x
Year Deficit/surplus, % of GDP
Bahrain Jordan
2024 -10.6% -7.33%
2023 -9.67% -6.89%
2022 -6.02% -6.8%
2021 -10.6% -8.45%
2020 -17.3% -10.1%
2019 -8.57% -7.19%
2018 -11.3% -5.78%
2017 -13.4% -3.61%
2016 -16.6% -3.71%
2015 -17.5% -7.1%
2014 -3.32% -15.5%
2013 -8.55% -16.1%
2012 -5.77% -13.8%
2011 -4.9% -5.61%
2010 -9.29% -5.43%
2009 -5.36% -8.66%
2008 4.08% -5.38%
2007 1.52% -5.45%
2006 2.24% -3.82%
2005 2.8% -5.36%
2004 0.24% -1.09%
2003 -1.7% -2.52%
2002 -3.27% -4.44%
2001 0.7% -2.77%
2000 7.33% -3.99%
1999 -4.85% -2.69%
1998 -5.49% -5.4%
1997 -6.39% -2.97%
1996 0.24% -3.25%
1995 -3.99% -1.72%
1994 -5.18% -2.3%
1993 -2.77% -2.14%
1992 -5.41% 1.87%
1991 -3.47% -10.2%
1990 -6.79% -7.45%
1989 - -6.89%
1988 - -13%
1987 - -13.4%
1986 - -2.39%
1985 - -6.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/bahrain/jordan | 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 Jordan's deficit of $3.91B, or 7.33% of GDP.

Over the past 35 years, Bahrain recorded a fiscal deficit in 27 of those years, while Jordan ran a deficit in 34 years. On average, Bahrain posted an annual deficit equal to 5.39% of GDP, compared to deficit of 5.8% of GDP for Jordan.

Inflation comparison by year

Inflation
Bahrain

Jordan
1x
Year Consumer prices inflation
Bahrain Jordan
2024 0.92% 1.56%
2023 0.07% 2.08%
2022 3.63% 4.23%
2021 -0.61% 1.35%
2020 -2.32% 0.33%
2019 1.01% 0.76%
2018 2.09% 4.46%
2017 1.39% 3.32%
2016 2.79% -0.78%
2015 1.85% -0.88%
2014 2.65% 2.9%
2013 3.3% 4.82%
2012 2.76% 4.52%
2011 -0.4% 4.16%
2010 1.96% 4.85%
2009 2.8% -0.74%
2008 3.53% 14%
2007 3.26% 4.74%
2006 2.01% 6.25%
2005 2.59% 3.49%
2004 2.35% 3.36%
2003 1.59% 1.63%
2002 -0.5% 1.83%
2001 -1.21% 1.77%
2000 -0.7% 0.67%
1999 -1.29% 0.61%
1998 -0.37% 3.09%
1997 2.43% 3.04%

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

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

Over the past 28 years, Bahrain has recorded an average annual inflation rate of 1.34%, compared with 2.91% in Jordan. In 2024, inflation was 0.92% in Bahrain and 1.56% in Jordan.

Top exports between countries

Bahrain
Export category Export value
Metals $50.9M
Animal & marine products $9.39M
Processed food, beverages & tobacco $7.23M
Chemicals & pharma $6.67M
Machinery & equipment $3.68M
Wood & paper products $1.65M
Textiles & consumer goods $1.04M
Raw agricultural goods $770K
Weapons & explosives $475K
Raw materials & minerals $319K
Jordan
Export category Export value
Raw agricultural goods $35.4M
Chemicals & pharma $13.6M
Processed food, beverages & tobacco $9.3M
Animal & marine products $4.98M
Miscellaneous $2.9M
Textiles & consumer goods $1.38M
Raw materials & minerals $1.33M
Machinery & equipment $1.16M
Wood & paper products $432K
Metals $180K

Balance of trade

Bahrain Jordan
Current account balance
$2.28B
2024
-$3.13B
2024
Current account balance ranking
44/190
2024
158/190
2024
Current account balance, % of GDP
+4.84%
2024
-5.86%
2024
Goods imports
$20.7B
2024
$23.9B
2024
Goods exports
$24.3B
2024
$13.3B
2024
Service imports
$12.4B
2024
$6.5B
2024
Service exports
$17B
2024
$9.45B
2024
Imports of goods and services, % of GDP
70.1%
2024
57.1%
2024
Exports of goods and services, % of GDP
87.7%
2024
42.6%
2024

Economic freedom indices

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

Bahrain Jordan
Economic freedom 65.7 59.3
Economic freedom ranking 63/197 104/197
Property rights 60.9 52.3
Government integrity 45.9 51
Judicial effectiveness 30 44
Tax burden 99.9 84.1
Government spending 75 67.2
Fiscal health 0 5.2
Business freedom 75.9 62.7
Labor freedom 55.5 51.3
Monetary freedom 88.8 81.2
Trade freedom 86.8 82
Investment freedom 90 70
Financial freedom 80 60

Economic freedom comparison by year

Bahrain
Jordan
1x
Year Economic freedom index
Bahrain Jordan
2026 65.7 59.3
2025 65.6 59.4
2024 63.4 58.3
2023 62.5 58.8
2022 62 60.1
2021 69.9 64.6
2020 66.3 66
2019 66.4 66.5
2018 67.7 64.9
2017 68.5 66.7
2016 74.3 68.3
2015 73.4 69.3
2014 75.1 69.2
2013 75.5 70.4
2012 75.2 69.9
2011 77.7 68.9
2010 76.3 66.1
2009 74.8 65.4
2008 72.2 64.1
2007 71.2 64.5
2006 71.6 63.7
2005 71.2 66.7
2004 75.1 66.1
2003 76.3 65.3
2002 75.6 66.2
2001 75.9 68.3
2000 75.7 67.5
1999 75.2 67.4
1998 75.6 66.8
1997 76.1 63.6
1996 76.4 60.8
1995 76.2 62.7

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

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

The Economic Freedom Index for Bahrain is 65.7, ranking 63/197, compared to 59.3 for Jordan, ranking 104/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahrain Jordan
Services, % of GDP
53.2%
2024
60.4%
2024
Industry, % of GDP
42.3%
2024
25.1%
2024
Agriculture, forestry, and fishing, % of GDP
0.25%
2024
5.07%
2024
GNI, Atlas method
$44.6B
2024
$51.2B
2024
GNI per capita, PPP
$62,230
2024
$10,570
2024
Total reserves including gold
$4.95B
2024
$21.9B
2024
Total reserves ranking
102/177
2024
60/177
2024
Net foreign direct investment
-$2.43B
2024
-$1.58B
2024
Net inflows of foreign direct investment
$2.7B
2024
$1.63B
2024
Net outflows of foreign direct investment
$275M
2024
$54.1M
2024
Servicing debt to the IMF, % of GNI n/a
8.64%
2024
Poverty at national poverty lines n/a
14.2%
2020
Gross capital formation, % of GDP
28.4%
2024
25.2%
2021

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/jordan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20)
  6. TradeMap (2023, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.