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Economy of Bahrain vs Nepal compared: GDP & Debt

Updated on by Georank team

Bahrain has a GDP of $47.1B compared to $42.9B for Nepal, ranking 96/197 and 101/197 by economy size, respectively.

Bahrain has $62.8B in government debt (133.4% of GDP), compared to $20.7B (48.3% of GDP) in Nepal.

Bahrain vs Nepal GDP by year

Bahrain
Nepal
1x
Year GDP, current $
Bahrain Nepal
2024 $47,109,734,309 $42,914,268,287
2023 $46,192,260,638 $41,047,772,331
2022 $46,458,191,489 $41,182,939,601
2021 $40,840,212,766 $36,924,841,394
2020 $35,837,632,979 $33,433,659,301
2019 $40,446,808,511 $34,186,180,699
2018 $39,567,978,723 $33,111,525,237
2017 $37,204,813,830 $28,971,588,940
2016 $33,884,680,851 $24,524,109,484
2015 $32,523,297,872 $24,360,801,287
2014 $34,772,526,596 $22,731,612,922
2013 $33,823,324,468 $22,162,204,925
2012 $31,963,404,255 $21,703,100,877
2011 $29,914,680,851 $21,573,872,421
2010 $26,805,984,043 $16,002,656,434
2009 $22,938,218,085 $12,854,985,464
2008 $25,710,904,255 $12,545,438,605
2007 $21,730,000,000 $10,325,618,017
2006 $18,504,760,638 $9,043,715,356
2005 $15,968,723,404 $8,130,258,378
2004 $13,150,159,574 $7,273,938,315
2003 $11,074,813,830 $6,330,473,097
2002 $9,593,510,638 $6,050,875,807
2001 $8,976,196,809 $6,007,055,042
2000 $9,062,898,936 $5,494,252,208
1999 $7,528,469,149 $5,033,642,384
1998 $7,031,309,043 $4,856,255,044
1997 $7,219,407,713 $4,918,691,917
1996 $6,938,166,755 $4,521,580,381
1995 $6,651,180,851 $4,401,104,418
1994 $6,330,627,926 $4,066,775,510
1993 $5,913,001,064 $3,660,041,667
1992 $5,402,232,447 $3,401,211,581
1991 $5,248,911,170 $3,921,476,085
1990 $4,809,511,005 $3,627,560,239
1989 $4,393,093,963 $3,525,225,787
1988 $4,209,834,173 $3,487,009,748
1987 $3,856,922,694 $2,957,255,380
1986 $3,470,746,843 $2,850,782,044
1985 $4,152,376,484 $2,619,913,956
1984 $4,440,874,566 $2,581,207,388
1983 $4,247,030,468 $2,447,174,803
1982 $4,145,421,080 $2,395,423,742
1981 $3,943,109,532 $2,275,583,317
1980 $3,493,834,468 $1,945,916,583
1979 $2,710,160,739 $1,851,250,008
1978 $2,272,042,965 $1,604,162,497
1977 $1,989,060,283 $1,382,400,000
1976 $1,581,709,519 $1,452,788,985
1975 $1,099,107,601 $1,575,789,254
1974 $1,042,176,884 $1,217,953,547
1973 $761,132,545 $972,101,725
1972 $534,081,184 $1,024,098,400
1971 $422,181,562 $882,765,472
1970 $391,577,364 $865,975,309
1969 - $788,641,965
1968 - $772,231,387
1967 - $841,974,025
1966 - $906,811,944
1965 - $735,267,082
1964 - $496,098,775
1963 - $496,947,904
1962 - $574,091,101
1961 - $531,959,562
1960 - $508,334,414

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

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

GDP per capita in Bahrain vs Nepal by year

Bahrain
GDP per capita

GDP per capita, PPP
Nepal
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahrain Nepal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,654 $66,941 $1,447 $5,737
2023 $29,290 $64,171 $1,382 $5,395
2022 $30,471 $61,678 $1,386 $5,103
2021 $27,148 $54,955 $1,253 $4,546
2020 $24,343 $53,436 $1,154 $4,236
2019 $27,260 $56,600 $1,203 $4,261
2018 $26,324 $51,993 $1,179 $3,956
2017 $24,785 $50,185 $1,034 $3,605
2016 $23,800 $47,429 $877 $2,976
2015 $23,734 $48,034 $876 $2,957
2014 $26,452 $54,299 $821 $2,901
2013 $26,990 $56,310 $803 $2,658
2012 $26,439 $56,713 $788 $2,466
2011 $25,033 $52,677 $786 $2,248
2010 $21,819 $49,255 $585 $2,139
2009 $19,465 $48,626 $473 $2,029
2008 $23,299 $50,330 $465 $1,942
2007 $20,908 $49,347 $385 $1,809
2006 $19,267 $48,009 $340 $1,718
2005 $17,966 $47,268 $309 $1,628
2004 $15,964 $46,317 $279.6 $1,542
2003 $14,486 $45,427 $246.4 $1,453
2002 $13,501 $45,091 $238.9 $1,390
2001 $13,573 $46,162 $240.8 $1,388
2000 $14,214 $45,688 $223.8 $1,317
1999 $12,123 $43,561 $208.6 $1,234
1998 $11,625 $42,281 $205.1 $1,187
1997 $12,255 $40,965 $211.8 $1,162
1996 $12,092 $40,106 $198.8 $1,110
1995 $11,901 $38,839 $197.8 $1,058
1994 $11,629 $37,579 $187.3 $1,026
1993 $11,152 $37,870 $172.8 $952
1992 $10,460 $33,648 $165 $920
1991 $10,434 $31,657 $195.7 $889
1990 $9,343 $26,902 $185.8 $830
1989 $8,833 - $185 -
1988 $8,772 - $187.1 -
1987 $8,333 - $162 -
1986 $7,777 - $159.5 -
1985 $9,649 - $149.9 -
1984 $10,697 - $151.1 -
1983 $10,599 - $146.6 -
1982 $10,712 - $147 -
1981 $10,557 - $142.9 -
1980 $9,733 - $125.1 -
1979 $7,891 - $121.9 -
1978 $6,926 - $108.1 -
1977 $6,358 - $95.3 -
1976 $5,310 - $102.5 -
1975 $3,880 - $113.6 -
1974 $3,874 - $89.8 -
1973 $2,981 - $73.2 -
1972 $2,206 - $78.8 -
1971 $1,830 - $69.5 -
1970 $1,742 - $69.6 -
1969 - - $64.8 -
1968 - - $64.9 -
1967 - - $72.3 -
1966 - - $79.5 -
1965 - - $65.8 -
1964 - - $45.3 -
1963 - - $46.3 -
1962 - - $54.6 -
1961 - - $51.6 -
1960 - - $50.2 -

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

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

Bahrain's GDP per capita is $29,654, ranking 42/197, compared to $1,447 in Nepal, ranking 164/197. Adjusted for purchasing power (GDP per capita PPP), Bahrain ranks 26th at $66,941, while Nepal ranks 155th at $5,737.

Economic indicators

Bahrain Nepal
Gross domestic product
$47.1B
2024
$42.9B
2024
GDP rank
96/197
2024
101/197
2024
GDP growth
2.6%
2023-2024
3.67%
2023-2024
GDP per capita
$29,654
2024
$1,447
2024
GDP per capita rank
42/197
2024
164/197
2024
GDP per capita, PPP
$66,941
2024
$5,737
2024
GDP per capita PPP rank
26/197
2024
155/197
2024
Government debt
$62.8B
2024
$20.7B
2024
Debt-to-GDP ratio
133.4%
2024
48.3%
2024
Government debt per person
$39,552
2024
$700
2024
Government debt per person rank
14/185
2024
154/185
2024
Average annual personal income after taxes
$23,253
2026
$2,170
2026
Market capitalization of domestic companies
$20.4B
2024
n/a
Number of billionaires n/a
2
2025
Income share by richest 10% n/a
24.2%
2022
Income share by poorest 10% n/a
3.7%
2022
Government expenditure, % of GDP
29.1%
2024
22.1%
2024
Consumer prices inflation
0.92%
2023-2024
4.69%
2023-2024
Central bank interest rate
4.25%
2025
n/a
Unemployment rate
1.2%
2012
10.7%
2017
Population
1669503
29596762

Spending and national debt comparison by year

Bahrain
Spending

Debt
Nepal
Spending

Debt
1x
Year % of GDP
Bahrain Nepal
Government spending Government debt Government spending Government debt
2024 29.1% 133.4% 22.1% 48.3%
2023 29.1% 123% 25.1% 47%
2022 28.4% 111.6% 26.1% 42.7%
2021 30.6% 122.3% 27.2% 43.3%
2020 34.6% 125.7% 28.5% 43.3%
2019 31.2% 97.1% 27.1% 34%
2018 32.1% 90.4% 28% 31.1%
2017 30.7% 84% 23.6% 25%
2016 33.3% 77.4% 19% 25%
2015 34.8% 63.2% 17.7% 25.7%
2014 27.3% 42.6% 16.6% 27.6%
2013 32% 42.3% 15.5% 31.9%
2012 31.1% 34.8% 16.8% 34.5%
2011 30.2% 31.6% 16.3% 32.4%
2010 31.1% 28.8% 16.5% 35.4%
2009 24.6% 20.5% 17% 39.5%
2008 22.7% 12.1% 13.4% 36.8%
2007 22.4% 15.7% 13.1% 37.9%
2006 23.1% 19.4% 11.2% 42.9%
2005 23.9% 23.2% 12% 45.1%
2004 25% 28.2% 11.8% 51.3%
2003 28.1% 31.1% 12% 53%
2002 30.6% 27.2% 13% 51.8%
2001 26.5% 25% 12.9% 50.8%
2000 22.2% 24.7% 11.4% 50.8%
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 (1990–2024, retrieved 2026-02-20).

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

In 2024, Bahrain's government spending was $13.7B, accounting for 29.1% of its GDP, while Nepal spent $9.5B, or 22.1% of GDP.

Debt-to-GDP ratio is 133.4% in Bahrain and 48.3% in Nepal, ranking 9/185 and 112/185, respectively.

Government deficit by year

Deficit/surplus
Bahrain

Nepal
1x
Year Deficit/surplus, % of GDP
Bahrain Nepal
2024 -10.6% -2.76%
2023 -9.67% -5.81%
2022 -6.02% -3.12%
2021 -10.6% -3.98%
2020 -17.3% -7.47%
2019 -8.57% -4.27%
2018 -11.3% -5.83%
2017 -13.4% -2.69%
2016 -16.6% 1.2%
2015 -17.5% 0.46%
2014 -3.32% 1.36%
2013 -8.55% 1.57%
2012 -5.77% -1.18%
2011 -4.9% -0.72%
2010 -9.29% -0.67%
2009 -5.36% -2.24%
2008 4.08% -0.29%
2007 1.52% -0.67%
2006 2.24% 0.24%
2005 2.8% 0.24%
2004 0.24% -0.14%
2003 -1.7% -0.34%
2002 -3.27% -2.46%
2001 0.7% -2.35%
2000 7.33% -1.48%
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 (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/bahrain/nepal | 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 Nepal's deficit of $1.19B, or 2.76% of GDP.

Over the past 25 years, Bahrain recorded a fiscal deficit in 18 of those years, while Nepal ran a deficit in 19 years. On average, Bahrain posted an annual deficit equal to 5.79% of GDP, compared to deficit of 1.74% of GDP for Nepal.

Inflation comparison by year

Inflation
Bahrain

Nepal
1x
Year Consumer prices inflation
Bahrain Nepal
2024 0.92% 4.69%
2023 0.07% 7.12%
2022 3.63% 7.67%
2021 -0.61% 4.13%
2020 -2.32% 5.06%
2019 1.01% 5.57%
2018 2.09% 4.41%
2017 1.39% 2.78%
2016 2.79% 8.79%
2015 1.85% 7.87%
2014 2.65% 8.36%
2013 3.3% 9.04%
2012 2.76% 9.46%
2011 -0.4% 9.23%
2010 1.96% 9.33%
2009 2.8% 11.1%
2008 3.53% 9.91%
2007 3.26% 2.27%
2006 2.01% 6.92%
2005 2.59% 6.84%
2004 2.35% 2.84%
2003 1.59% 5.71%
2002 -0.5% 3.03%
2001 -1.21% 2.69%
2000 -0.7% 2.48%
1999 -1.29% 7.45%
1998 -0.37% 11.2%
1997 2.43% 4.01%

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

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

Over the past 28 years, Bahrain has recorded an average annual inflation rate of 1.34%, compared with 6.43% in Nepal. In 2024, inflation was 0.92% in Bahrain and 4.69% in Nepal.

Top exports between countries

Bahrain
Export category Export value
Metals $282K
Raw materials & minerals $268K
Machinery & equipment $4K
Miscellaneous $4K
Nepal
Export category Export value
Precious metals & jewellery $13K
Textiles & consumer goods $13K
Wood & paper products $3K
Metals $2K

Balance of trade

Bahrain Nepal
Current account balance
$2.28B
2024
$1.68B
2024
Current account balance ranking
44/190
2024
50/190
2024
Current account balance, % of GDP
+4.84%
2024
+3.91%
2024
Goods imports
$20.7B
2024
$12.1B
2024
Goods exports
$24.3B
2024
$1.54B
2024
Service imports
$12.4B
2024
$2.27B
2024
Service exports
$17B
2024
$1.9B
2024
Imports of goods and services, % of GDP
70.1%
2024
32.9%
2024
Exports of goods and services, % of GDP
87.7%
2024
7.62%
2024

Economic freedom indices

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

Bahrain Nepal
Economic freedom 65.7 52.9
Economic freedom ranking 63/197 144/197
Property rights 60.9 38.8
Government integrity 45.9 38.9
Judicial effectiveness 30 42.9
Tax burden 99.9 84.3
Government spending 75 82.1
Fiscal health 0 71
Business freedom 75.9 60.8
Labor freedom 55.5 48.2
Monetary freedom 88.8 69.4
Trade freedom 86.8 58.6
Investment freedom 90 10
Financial freedom 80 30

Economic freedom comparison by year

Bahrain
Nepal
1x
Year Economic freedom index
Bahrain Nepal
2026 65.7 52.9
2025 65.6 52.5
2024 63.4 52.1
2023 62.5 51.4
2022 62 49.7
2021 69.9 50.7
2020 66.3 54.2
2019 66.4 53.8
2018 67.7 54.1
2017 68.5 55.1
2016 74.3 50.9
2015 73.4 51.3
2014 75.1 50.1
2013 75.5 50.4
2012 75.2 50.2
2011 77.7 50.1
2010 76.3 52.7
2009 74.8 53.2
2008 72.2 54.1
2007 71.2 54.4
2006 71.6 53.7
2005 71.2 51.4
2004 75.1 51.2
2003 76.3 51.5
2002 75.6 52.3
2001 75.9 51.6
2000 75.7 51.3
1999 75.2 53.1
1998 75.6 53.5
1997 76.1 53.6
1996 76.4 50.3
1995 76.2 -

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

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

The Economic Freedom Index for Bahrain is 65.7, ranking 63/197, compared to 52.9 for Nepal, ranking 144/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahrain Nepal
Services, % of GDP
53.2%
2024
55.2%
2024
Industry, % of GDP
42.3%
2024
11.4%
2024
Agriculture, forestry, and fishing, % of GDP
0.25%
2024
21.9%
2024
GNI, Atlas method
$44.6B
2024
$43.7B
2024
GNI per capita, PPP
$62,230
2024
$5,830
2024
Total reserves including gold
$4.95B
2024
$12.5B
2023
Total reserves ranking
102/177
2024
74/177
2023
Net foreign direct investment
-$2.43B
2024
-$56.9M
2024
Net inflows of foreign direct investment
$2.7B
2024
$56.9M
2024
Net outflows of foreign direct investment
$275M
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
1.23%
2024
Poverty at national poverty lines n/a
20.3%
2022
Gross capital formation, % of GDP
28.4%
2024
30.4%
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/nepal | 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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2020–2023, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

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.