Bahrain vs Libya: Economic Indicators Comparison

Libya with a GDP of $48.4B ranked the 86th largest economy in the world, while Bahrain ranked 99th with $37.7B. By GDP 5-years average growth and GDP per capita, Libya and Bahrain ranked 144th vs 77th and 91st vs 39th, respectively.

Gross Domestic Product & Income

Stat	Bahrain	Libya
GDP	$37.7B	$48.4B
GDP growth, 1 year	1.8%	17.9%
GDP growth, 5-years average	3.3%	1.7%
Population	1.5M	6.7M
GDP per capita	$24k	$7.2k
GDP per capita growth	-3.11%	6.37%
Purchasing Power Parity conversion factor	0.19	0.48
Price level ratio of PPP conversion factor GDP to market exchange rate	0.51	0.35
GDP per capita, PPP adjusted	$50k	$11k
GNI, Atlas method	$34.4B	$42.8B
GNI per capita	$22k	$6.4k
GNI, PPP adjusted	$70.2B	$142.5B
GNI per capita, PPP adjusted	$45k	$21k

Financial system and Human development

Stat	Bahrain	Libya
Income Tax Rate	0%	10%
Corporate Tax Rate	0%	N/A
Inflation, consumer prices	2.1%	23.1%
Inflation, GDP deflator	4.7%	15.8%
Unemployment	1%	17.3%
Economic Freedom Index	66.3	47
Personal Freedom Index	6.88	5.17
Human Freedom Index	7.15	4.98
Property Rights Index	70.6	30.1
Judical Effectiveness Index	48.4	20.8
Business Freedom Index	70.5	40.7
Fiscal Health Index	2.6	N/A
Labor Freedom Index	71.1	53.9
Investment Freedom Index	75	5
Financial Freedom Index	80	N/A
Trade Freedom Index	79.4	N/A
Monetary Freedom Index	81.1	53.6
Government Spending Index	66.1	0
Tax Burden Index	99.4	N/A
Government Integrity Index	51	18.9
Corruption Perceptions Index	36	17
Life expectancy at birth, years	77	72.5
Suicide mortality rate, per 100,000 people	5.9	5.2
Mortality caused by road traffic injury, per 100,000 people	8	26.1
Intentional homicides, per 100,000 people	0.5	2.5
International tourism, number of arrivals	12M	142k

Government debt & reserves

Stat	Bahrain	Libya
Central government debt, % of GDP	93.4%	4.9%
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	20.4%	35%
Gross savings, % of GDP	24.6%	67.3%
Gross capital formation, % of GDP	31.9%	29.8%
Total reserves including gold	$2.3B	$85.3B
Foreign direct investment net inflows	$111.2M	$0

Exports, imports and economic structure

Stat	Bahrain	Libya
Exports of goods and services, % of GDP	79.9%	62.2%
Imports of goods and services, % of GDP	71.7%	40.1%
Current account balance (balance of payments)	-$2.4B	-$4.7B
Revenue excluding grants, % of GDP	26.6%	N/A
Grants excluding technical cooperation, BoP	$8.7M	$268.9M
Personal remittances received	N/A	$16M
Industry including construction value added, % of GDP	43.4%	77.5%
Agriculture, forestry and fishing value added, % of GDP	0.3%	1.8%
Charges for the use of intellectual property, payments BoP	N/A	N/A
Charges for the use of intellectual property, receipts BoP	N/A	$10M
Expense, % of GDP	20.2%	N/A
Government Expenditure, % of GDP	33.6%	105.8%