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Economy of Bahrain vs Mali compared: GDP & Debt

Updated on by Georank

Bahrain has a GDP of $49B compared to $30.1B for Mali, ranking 98/197 and 114/197 by economy size, respectively.

Bahrain has $72.3B in government debt (147.6% of GDP), compared to $12.6B (41.9% of GDP) in Mali.

Bahrain vs Mali GDP by year

Bahrain
Mali
1x
Year GDP, current $
Bahrain Mali
2025 $48,965,725,532 $30,069,148,581
2024 $47,210,732,713 $26,761,281,077
2023 $46,192,260,638 $24,777,941,861
2022 $46,458,191,489 $22,539,987,719
2021 $40,840,212,766 $22,999,245,263
2020 $35,837,632,979 $20,698,560,939
2019 $40,446,808,511 $20,477,421,885
2018 $39,567,978,723 $20,368,015,381
2017 $37,204,813,830 $18,308,362,040
2016 $33,884,680,851 $16,743,796,800
2015 $32,523,297,872 $15,583,181,170
2014 $34,772,526,596 $17,081,681,993
2013 $33,823,324,468 $15,747,192,681
2012 $31,963,404,255 $14,795,114,603
2011 $29,914,680,851 $15,452,791,789
2010 $26,805,984,043 $12,710,739,160
2009 $22,938,218,085 $12,155,217,833
2008 $25,710,904,255 $11,462,490,840
2007 $21,730,000,000 $9,699,047,443
2006 $18,504,760,638 $8,212,007,554
2005 $15,968,723,404 $7,429,066,952
2004 $13,150,159,574 $6,485,774,930
2003 $11,074,813,830 $5,605,613,011
2002 $9,593,510,638 $4,647,238,257
2001 $8,976,196,809 $4,124,281,594
2000 $9,062,898,936 $3,521,570,876
1999 $7,528,469,149 $4,091,446,054
1998 $7,031,309,043 $3,894,433,432
1997 $7,219,407,713 $3,414,879,486
1996 $6,938,166,755 $3,743,103,420
1995 $6,651,180,851 $3,373,322,735
1994 $6,330,627,926 $2,655,768,636
1993 $5,913,001,064 $3,632,801,877
1992 $5,402,232,447 $3,680,775,037
1991 $5,248,911,170 $3,576,562,682
1990 $4,809,511,005 $3,248,417,791
1989 $4,393,093,963 $2,824,822,489
1988 $4,209,834,173 $2,712,207,901
1987 $3,856,922,694 $2,437,004,680
1986 $3,470,746,843 $2,132,938,007
1985 $4,152,376,484 $1,594,347,021
1984 $4,440,874,566 $1,387,809,615
1983 $4,247,030,468 $1,496,616,127
1982 $4,145,421,080 $1,680,304,773
1981 $3,943,109,532 $2,234,583,940
1980 $3,493,834,468 $2,704,362,789
1979 $2,710,160,739 $1,595,422,956
1978 $2,272,042,965 $1,222,702,573
1977 $1,989,060,283 $1,049,838,548
1976 $1,581,709,519 $939,228,017
1975 $1,099,107,601 $830,710,615
1974 $1,042,176,884 $538,747,340
1973 $761,132,545 $563,683,703
1972 $534,081,184 $486,617,280
1971 $422,181,562 $395,218,629
1970 $391,577,364 $359,772,315
1969 - $339,913,867
1968 - $343,771,973
1967 - $275,494,478

Data sources: World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08).

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

GDP per capita in Bahrain vs Mali by year

Bahrain
GDP per capita

GDP per capita, PPP
Mali
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahrain Mali
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $30,597 - $1,193 -
2024 $29,717 $66,941 $1,093 $3,315
2023 $29,290 $64,171 $1,042 $3,175
2022 $30,471 $61,678 $977 $3,014
2021 $27,148 $54,955 $1,027 $2,796
2020 $24,343 $53,436 $953 $2,724
2019 $27,260 $56,600 $972 $2,820
2018 $26,324 $51,993 $996 $2,684
2017 $24,785 $50,185 $924 $2,607
2016 $23,800 $47,429 $872 $2,532
2015 $23,734 $48,034 $838 $2,330
2014 $26,452 $54,299 $948 $2,185
2013 $26,990 $56,310 $902 $2,059
2012 $26,439 $56,713 $873 $1,990
2011 $25,033 $52,677 $938 $2,046
2010 $21,819 $49,255 $797 $2,012
2009 $19,465 $48,626 $787 $1,945
2008 $23,299 $50,330 $767 $1,893
2007 $20,908 $49,347 $671 $1,852
2006 $19,267 $48,009 $587 $1,832
2005 $17,966 $47,268 $549 $1,771
2004 $15,964 $46,317 $495 $1,730
2003 $14,486 $45,427 $442 $1,715
2002 $13,501 $45,091 $378 $1,581
2001 $13,573 $46,162 $346 $1,559
2000 $14,214 $45,688 $305 $1,357
1999 $12,123 $43,561 $364 $1,376
1998 $11,625 $42,281 $357 $1,332
1997 $12,255 $40,965 $321 $1,267
1996 $12,092 $40,106 $360 $1,224
1995 $11,901 $38,839 $331 $1,154
1994 $11,629 $37,579 $266.5 $1,147
1993 $11,152 $37,870 $372 $1,087
1992 $10,460 $33,648 $385 $1,039
1991 $10,434 $31,657 $382 $1,091
1990 $9,343 $26,902 $354 $956
1989 $8,833 - $314 -
1988 $8,772 - $307 -
1987 $8,333 - $280.7 -
1986 $7,777 - $250 -
1985 $9,649 - $190.4 -
1984 $10,697 - $169.1 -
1983 $10,599 - $186.3 -
1982 $10,712 - $213.8 -
1981 $10,557 - $290.5 -
1980 $9,733 - $359 -
1979 $7,891 - $216.3 -
1978 $6,926 - $169.1 -
1977 $6,358 - $148.1 -
1976 $5,310 - $134.9 -
1975 $3,880 - $121.5 -
1974 $3,874 - $80.2 -
1973 $2,981 - $85.4 -
1972 $2,206 - $75.1 -
1971 $1,830 - $62 -
1970 $1,742 - $57.3 -
1969 - - $55 -
1968 - - $56.5 -
1967 - - $46 -

Data sources: World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08).

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

Bahrain's GDP per capita is $30,597, ranking 44/197, compared to $1,193 in Mali, ranking 174/197. Adjusted for purchasing power (GDP per capita PPP), Bahrain ranks 26th at $66,941, while Mali ranks 174th at $3,315.

Economic indicators

Bahrain Mali
Gross domestic product
$49B
2025
$30.1B
2025
GDP rank
98/197
2025
114/197
2025
GDP growth
3.48%
2024-2025
5.6%
2024-2025
GDP per capita
$30,597
2025
$1,193
2025
GDP per capita rank
44/197
2025
174/197
2025
GDP per capita, PPP
$66,941
2024
$3,315
2024
GDP per capita PPP rank
26/197
2024
174/197
2024
Government debt
$72.3B
2025
$12.6B
2025
Debt-to-GDP ratio
147.6%
2025
41.9%
2025
Government debt per person
$45,165
2025
$500
2025
Government debt per person rank
13/185
2025
168/185
2025
Average annual personal income after taxes
$23,191
2026
$1,949
2026
Market capitalization of domestic companies
$21.3B
2025
n/a
Income share by richest 10% n/a
28.3%
2021
Income share by poorest 10% n/a
3.2%
2021
Government expenditure, % of GDP
29.4%
2025
20.9%
2025
Consumer prices inflation
-0.14%
2024-2025
2.3%
2024-2025
Central bank interest rate
4.25%
2025
n/a
Unemployment rate
0.89%
2015
4.5%
2024
Population
1649267
26322576

Spending and national debt comparison by year

Bahrain
Spending

Debt
Mali
Spending

Debt
1x
Year % of GDP
Bahrain Mali
Government spending Government debt Government spending Government debt
2025 29.4% 147.6% 20.9% 41.9%
2024 28.9% 133.7% 21% 44%
2023 29% 123% 21.2% 44.3%
2022 28.4% 111.6% 20.8% 42.9%
2021 30.6% 122.3% 22.5% 43.2%
2020 34.6% 125.7% 22% 39.8%
2019 31.2% 97.1% 19.5% 34.3%
2018 32.1% 90.4% 17% 31.4%
2017 30.7% 84% 19.2% 30.1%
2016 33.3% 77.4% 18.6% 30.1%
2015 34.8% 63.2% 17.6% 25.8%
2014 27.3% 42.6% 16.8% 22.6%
2013 32% 42.3% 16.6% 22.2%
2012 31.1% 34.8% 13.1% 21.3%
2011 30.2% 31.6% 17.3% 20.1%
2010 31.1% 28.8% 17.4% 21.8%
2009 24.6% 20.5% 19.6% 18.8%
2008 22.7% 12.1% 16.2% 17.3%
2007 22.4% 15.7% 18.1% 15.6%
2006 23.1% 19.4% 18.9% 15.4%
2005 23.9% 23.2% 18.3% 39.5%
2004 25% 28.2% 18.5% 36.1%
2003 28.1% 31.1% 17.8% 37.7%
2002 30.6% 27.2% 16.8% 36%
2001 26.5% 25% 15.7% 66.3%
2000 22.2% 24.7% 16.5% 77%
1999 27.1% 24.7% - -
1998 25.7% 20% - -
1997 31% 14.8% - -
1996 22.7% 13.1% - -
1995 25.1% 13.6% - -
1994 26.1% 5.62% - -
1993 26.7% 5.95% - -
1992 29.4% 6.45% - -
1991 28.5% 6.71% - -
1990 32.4% 7.24% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Bahrain's government spending was $14.4B, accounting for 29.4% of its GDP, while Mali spent $6.29B, or 20.9% of GDP.

Debt-to-GDP ratio is 147.6% in Bahrain and 41.9% in Mali, ranking 6/185 and 125/185, respectively.

Government deficit by year

Deficit/surplus
Bahrain

Mali
1x
Year Deficit/surplus, % of GDP
Bahrain Mali
2025 -13% -1.59%
2024 -11% -2.16%
2023 -9.66% -3.05%
2022 -6.03% -4.05%
2021 -10.6% -4.12%
2020 -17.3% -4.56%
2019 -8.57% -1.42%
2018 -11.3% -3.97%
2017 -13.4% -2.4%
2016 -16.6% -3.3%
2015 -17.5% -1.53%
2014 -3.32% -2.43%
2013 -8.55% -1.99%
2012 -5.77% -0.8%
2011 -4.9% -2.87%
2010 -9.29% -2.21%
2009 -5.36% -3.19%
2008 4.08% -1.69%
2007 1.52% -2.35%
2006 2.24% 23.7%
2005 2.8% -2.34%
2004 0.24% -2.01%
2003 -1.7% -1.01%
2002 -3.27% -2.61%
2001 0.7% -2.39%
2000 7.33% -2.25%
1999 -4.85% -
1998 -5.49% -
1997 -6.39% -
1996 0.24% -
1995 -3.99% -
1994 -5.18% -
1993 -2.77% -
1992 -5.41% -
1991 -3.47% -
1990 -6.79% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Bahrain's government deficit, the difference between spending and revenue, was $6.35B, equivalent to 13% of GDP. This compares to Mali's deficit of $478M, or 1.59% of GDP.

Over the past 26 years, Bahrain recorded a fiscal deficit in 19 of those years, while Mali ran a deficit in 25 years. On average, Bahrain posted an annual deficit equal to 6.08% of GDP, compared to deficit of 1.48% of GDP for Mali.

Inflation comparison by year

Inflation
Bahrain

Mali
1x
Year Consumer prices inflation
Bahrain Mali
2025 -0.14% 2.3%
2024 0.92% 3.2%
2023 0.07% 2.1%
2022 3.63% 9.7%
2021 -0.61% 3.8%
2020 -2.32% 0.5%
2019 1.01% -3%
2018 2.09% 1.9%
2017 1.39% 2.4%
2016 2.79% -1.8%
2015 1.85% 1.4%
2014 2.65% 0.9%
2013 3.3% -0.6%
2012 2.76% 5.3%
2011 -0.4% 3%
2010 1.96% 1.2%
2009 2.8% 2.4%
2008 3.53% 9.2%
2007 3.26% 1.4%
2006 2.01% 1.6%
2005 2.59% 6.4%
2004 2.35% -3.1%
2003 1.59% -1.3%
2002 -0.5% 5%
2001 -1.21% 5.2%
2000 -0.7% -0.8%
1999 -1.29% -1.2%
1998 -0.37% 4.1%
1997 2.43% -0.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Bahrain has recorded an average annual inflation rate of 1.29%, compared with 2.09% in Mali. In 2025, inflation was -0.14% in Bahrain and 2.3% in Mali.

Top exports between countries

Bahrain
Export category Export value
Machinery & equipment $6K
Mali
Export category Export value
Textiles & consumer goods $1.8M

Balance of trade

Bahrain Mali
Current account balance
$2.28B
2024
-$1.16B
2024
Current account balance ranking
43/190
2024
122/190
2024
Current account balance, % of GDP
+4.83%
2024
-4.33%
2024
Goods imports
$20.7B
2024
$5.49B
2024
Goods exports
$24.3B
2024
$5.48B
2024
Service imports
$12.4B
2024
$1.8B
2024
Service exports
$17B
2024
$516M
2024
Imports of goods and services, % of GDP
70%
2024
26.7%
2025
Exports of goods and services, % of GDP
87.5%
2024
22.1%
2025

Economic freedom indices

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

Bahrain Mali
Economic freedom 65.7 52.1
Economic freedom ranking 63/197 150/197
Property rights 60.9 13.8
Government integrity 45.9 23.2
Judicial effectiveness 30 23.3
Tax burden 99.9 67.9
Government spending 75 81.8
Fiscal health 0 73.6
Business freedom 75.9 40.8
Labor freedom 55.5 54.1
Monetary freedom 88.8 78.2
Trade freedom 86.8 64
Investment freedom 90 65
Financial freedom 80 40

Economic freedom comparison by year

Bahrain
Mali
1x
Year Economic freedom index
Bahrain Mali
2026 65.7 52.1
2025 65.6 52.6
2024 63.4 52.5
2023 62.5 54.5
2022 62 55.9
2021 69.9 55.6
2020 66.3 55.9
2019 66.4 58.1
2018 67.7 57.6
2017 68.5 58.6
2016 74.3 56.5
2015 73.4 56.4
2014 75.1 55.5
2013 75.5 56.4
2012 75.2 55.8
2011 77.7 56.3
2010 76.3 55.6
2009 74.8 55.6
2008 72.2 55.6
2007 71.2 54.7
2006 71.6 54.1
2005 71.2 57.3
2004 75.1 56.6
2003 76.3 58.6
2002 75.6 61.1
2001 75.9 60.1
2000 75.7 60.3
1999 75.2 58.4
1998 75.6 57.3
1997 76.1 56.4
1996 76.4 57
1995 76.2 52.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Bahrain is 65.7, ranking 63/197, compared to 52.1 for Mali, ranking 150/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahrain Mali
Services, % of GDP
54.3%
2025
36.6%
2025
Industry, % of GDP
41.2%
2025
23.4%
2025
Agriculture, forestry, and fishing, % of GDP
0.24%
2025
33%
2025
GNI, Atlas method
$46.1B
2025
$28.3B
2025
GNI per capita, PPP
$65,500
2025
$3,400
2025
Total reserves including gold
$5.27B
2025
n/a
Total reserves ranking
101/177
2025
n/a
Net foreign direct investment
-$2.43B
2024
-$843M
2024
Net inflows of foreign direct investment
$2.7B
2024
$921M
2024
Net outflows of foreign direct investment
$275M
2024
$78.1M
2024
Servicing debt to the IMF, % of GNI n/a
1.42%
2024
Poverty at national poverty lines n/a
43.3%
2024
Gross capital formation, % of GDP
28.4%
2024
20%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2020–2023, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.