Bahrain vs Oman: Economic Indicators Comparison

Oman with a GDP of $79.3B ranked the 69th largest economy in the world, while Bahrain ranked 99th with $37.7B. By GDP 5-years average growth and GDP per capita, Oman and Bahrain ranked 114th vs 77th and 56th vs 39th, respectively.

Gross Domestic Product & Income

Stat	Bahrain	Oman
GDP	$37.7B	$79.3B
GDP growth, 1 year	1.8%	2.1%
GDP growth, 5-years average	3.3%	2.4%
Population	1.5M	4.8M
GDP per capita	$24k	$16k
GDP per capita growth	-3.11%	-1.68%
Purchasing Power Parity conversion factor	0.19	0.15
Price level ratio of PPP conversion factor GDP to market exchange rate	0.51	0.39
GDP per capita, PPP adjusted	$50k	$47k
GNI, Atlas method	$34.4B	$73.1B
GNI per capita	$22k	$15k
GNI, PPP adjusted	$70.2B	$201.3B
GNI per capita, PPP adjusted	$45k	$42k

Financial system and Human development

Stat	Bahrain	Oman
Income Tax Rate	0%	0%
Corporate Tax Rate	0%	12%
Inflation, consumer prices	2.1%	0.9%
Inflation, GDP deflator	4.7%	10.3%
Unemployment	1%	3.1%
Economic Freedom Index	66.3	63.6
Personal Freedom Index	6.88	5.55
Human Freedom Index	7.15	6.3
Property Rights Index	70.6	66.4
Judical Effectiveness Index	48.4	66.2
Business Freedom Index	70.5	74.6
Fiscal Health Index	2.6	14.8
Labor Freedom Index	71.1	56.9
Investment Freedom Index	75	65
Financial Freedom Index	80	60
Trade Freedom Index	79.4	81.6
Monetary Freedom Index	81.1	78.4
Government Spending Index	66.1	36.2
Tax Burden Index	99.4	98.4
Government Integrity Index	51	64.6
Corruption Perceptions Index	36	52
Life expectancy at birth, years	77	77.4
Suicide mortality rate, per 100,000 people	5.9	3.9
Mortality caused by road traffic injury, per 100,000 people	8	16.1
Intentional homicides, per 100,000 people	0.5	0.5
International tourism, number of arrivals	12M	2.3M

Government debt & reserves

Stat	Bahrain	Oman
Central government debt, % of GDP	93.4%	50.9%
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%	-11.3%
Gross savings, % of GDP	24.6%	23.9%
Gross capital formation, % of GDP	31.9%	23.2%
Total reserves including gold	$2.3B	$17.4B
Foreign direct investment net inflows	$111.2M	$6.3B

Exports, imports and economic structure

Stat	Bahrain	Oman
Exports of goods and services, % of GDP	79.9%	58.3%
Imports of goods and services, % of GDP	71.7%	44.5%
Current account balance (balance of payments)	-$2.4B	-$4.3B
Revenue excluding grants, % of GDP	26.6%	N/A
Grants excluding technical cooperation, BoP	$8.7M	$17M
Personal remittances received	N/A	$39M
Industry including construction value added, % of GDP	43.4%	46.8%
Agriculture, forestry and fishing value added, % of GDP	0.3%	2.2%
Charges for the use of intellectual property, payments BoP	N/A	N/A
Charges for the use of intellectual property, receipts BoP	N/A	N/A
Expense, % of GDP	20.2%	N/A
Government Expenditure, % of GDP	33.6%	46.1%