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Economy of Bahrain vs Saint Lucia compared: GDP & Debt

Updated on by Georank team

Bahrain has a GDP of $47.1B compared to $2.55B for Saint Lucia, ranking 96/197 and 173/197 by economy size, respectively.

Bahrain has $62.8B in government debt (133.4% of GDP), compared to $1.97B (77.2% of GDP) in Saint Lucia.

Bahrain vs Saint Lucia GDP by year

Bahrain
Saint Lucia
1x
Year GDP, current $
Bahrain Saint Lucia
2024 $47,109,734,309 $2,549,062,963
2023 $46,192,260,638 $2,430,166,667
2022 $46,458,191,489 $2,342,714,815
2021 $40,840,212,766 $1,867,185,185
2020 $35,837,632,979 $1,499,274,074
2019 $40,446,808,511 $2,095,344,444
2018 $39,567,978,723 $2,060,955,556
2017 $37,204,813,830 $1,998,503,704
2016 $33,884,680,851 $1,868,544,444
2015 $32,523,297,872 $1,807,640,741
2014 $34,772,526,596 $1,749,185,185
2013 $33,823,324,468 $1,660,392,593
2012 $31,963,404,255 $1,598,207,407
2011 $29,914,680,851 $1,568,370,370
2010 $26,805,984,043 $1,482,385,185
2009 $22,938,218,085 $1,401,507,889
2008 $25,710,904,255 $1,437,731,111
2007 $21,730,000,000 $1,336,088,815
2006 $18,504,760,638 $1,268,319,185
2005 $15,968,723,404 $1,135,555,556
2004 $13,150,159,574 $1,066,666,667
2003 $11,074,813,830 $987,407,407
2002 $9,593,510,638 $900,000,000
2001 $8,976,196,809 $892,592,593
2000 $9,062,898,936 $932,592,593
1999 $7,528,469,149 $921,851,852
1998 $7,031,309,043 $877,407,407
1997 $7,219,407,713 $805,925,926
1996 $6,938,166,755 $788,888,889
1995 $6,651,180,851 $762,962,963
1994 $6,330,627,926 $713,703,704
1993 $5,913,001,064 $684,814,815
1992 $5,402,232,447 $674,074,074
1991 $5,248,911,170 $613,703,704
1990 $4,809,511,005 $579,629,630
1989 $4,393,093,963 $486,666,667
1988 $4,209,834,173 $429,629,630
1987 $3,856,922,694 $375,555,556
1986 $3,470,746,843 $340,000,000
1985 $4,152,376,484 $284,444,444
1984 $4,440,874,566 $251,481,481
1983 $4,247,030,468 $197,037,037
1982 $4,145,421,080 $183,333,333
1981 $3,943,109,532 $194,444,444
1980 $3,493,834,468 $170,370,370
1979 $2,710,160,739 -
1978 $2,272,042,965 -
1977 $1,989,060,283 -
1976 $1,581,709,519 -
1975 $1,099,107,601 -
1974 $1,042,176,884 -
1973 $761,132,545 -
1972 $534,081,184 -
1971 $422,181,562 -
1970 $391,577,364 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

GeoRank.org/economy/bahrain/saint-lucia | CC BY

GDP per capita in Bahrain vs Saint Lucia by year

Bahrain
GDP per capita

GDP per capita, PPP
Saint Lucia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahrain Saint Lucia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,654 $66,941 $14,182 $27,567
2023 $29,290 $64,171 $13,555 $25,975
2022 $30,471 $61,678 $13,104 $24,599
2021 $27,148 $54,955 $10,459 $19,101
2020 $24,343 $53,436 $8,411 $14,912
2019 $27,260 $56,600 $11,794 $18,710
2018 $26,324 $51,993 $11,643 $17,433
2017 $24,785 $50,185 $11,333 $16,131
2016 $23,800 $47,429 $10,638 $15,307
2015 $23,734 $48,034 $10,335 $14,353
2014 $26,452 $54,299 $10,045 $14,403
2013 $26,990 $56,310 $9,577 $14,010
2012 $26,439 $56,713 $9,260 $13,443
2011 $25,033 $52,677 $9,129 $13,471
2010 $21,819 $49,255 $8,674 $12,718
2009 $19,465 $48,626 $8,251 $12,600
2008 $23,299 $50,330 $8,517 $12,969
2007 $20,908 $49,347 $7,964 $12,199
2006 $19,267 $48,009 $7,611 $11,758
2005 $17,966 $47,268 $6,863 $10,818
2004 $15,964 $46,317 $6,495 $10,610
2003 $14,486 $45,427 $6,059 $9,707
2002 $13,501 $45,091 $5,568 $9,205
2001 $13,573 $46,162 $5,570 $9,106
2000 $14,214 $45,688 $5,880 $9,314
1999 $12,123 $43,561 $5,883 $9,214
1998 $11,625 $42,281 $5,673 $8,965
1997 $12,255 $40,965 $5,282 $8,456
1996 $12,092 $40,106 $5,244 $8,490
1995 $11,901 $38,839 $5,148 $8,222
1994 $11,629 $37,579 $4,892 $8,041
1993 $11,152 $37,870 $4,765 $7,865
1992 $10,460 $33,648 $4,760 $7,753
1991 $10,434 $31,657 $4,399 $7,127
1990 $9,343 $26,902 $4,205 $6,951
1989 $8,833 - $3,565 -
1988 $8,772 - $3,182 -
1987 $8,333 - $2,819 -
1986 $7,777 - $2,591 -
1985 $9,649 - $2,202 -
1984 $10,697 - $1,979 -
1983 $10,599 - $1,576 -
1982 $10,712 - $1,489 -
1981 $10,557 - $1,605 -
1980 $9,733 - $1,428 -
1979 $7,891 - - -
1978 $6,926 - - -
1977 $6,358 - - -
1976 $5,310 - - -
1975 $3,880 - - -
1974 $3,874 - - -
1973 $2,981 - - -
1972 $2,206 - - -
1971 $1,830 - - -
1970 $1,742 - - -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

GeoRank.org/economy/bahrain/saint-lucia | CC BY

Bahrain's GDP per capita is $29,654, ranking 42/197, compared to $14,182 in Saint Lucia, ranking 70/197. Adjusted for purchasing power (GDP per capita PPP), Bahrain ranks 26th at $66,941, while Saint Lucia ranks 75th at $27,567.

Economic indicators

Bahrain Saint Lucia
Gross domestic product
$47.1B
2024
$2.55B
2024
GDP rank
96/197
2024
173/197
2024
GDP growth
2.6%
2023-2024
3.89%
2023-2024
GDP per capita
$29,654
2024
$14,182
2024
GDP per capita rank
42/197
2024
70/197
2024
GDP per capita, PPP
$66,941
2024
$27,567
2024
GDP per capita PPP rank
26/197
2024
75/197
2024
Government debt
$62.8B
2024
$1.97B
2024
Debt-to-GDP ratio
133.4%
2024
77.2%
2024
Government debt per person
$39,552
2024
$10,952
2024
Government debt per person rank
14/185
2024
52/185
2024
Average annual personal income after taxes
$23,253
2026
$10,412
2026
Market capitalization of domestic companies
$20.4B
2024
n/a
Income share by richest 10% n/a
34.1%
2015
Income share by poorest 10% n/a
2.1%
2015
Government expenditure, % of GDP
29.1%
2024
24.5%
2024
Consumer prices inflation
0.92%
2023-2024
-0.11%
2023-2024
Central bank interest rate
4.25%
2025
n/a
Unemployment rate
1.2%
2012
10.1%
2024
Population
1669503
180638

Spending and national debt comparison by year

Bahrain
Spending

Debt
Saint Lucia
Spending

Debt
1x
Year % of GDP
Bahrain Saint Lucia
Government spending Government debt Government spending Government debt
2024 29.1% 133.4% 24.5% 77.2%
2023 29.1% 123% 25.6% 76.6%
2022 28.4% 111.6% 23% 74.4%
2021 30.6% 122.3% 27.4% 87%
2020 34.6% 125.7% 34.9% 100%
2019 31.2% 97.1% 25.1% 62.1%
2018 32.1% 90.4% 23.2% 60.5%
2017 30.7% 84% 23.3% 60.4%
2016 33.3% 77.4% 23% 61.3%
2015 34.8% 63.2% 23.7% 61.1%
2014 27.3% 42.6% 23.6% 62.4%
2013 32% 42.3% 25.4% 62.1%
2012 31.1% 34.8% 28% 60.8%
2011 30.2% 31.6% 27% 55.2%
2010 31.1% 28.8% 26% 53%
2009 24.6% 20.5% 24.5% 51%
2008 22.7% 12.1% 22.2% 46.7%
2007 22.4% 15.7% 22.6% 49.1%
2006 23.1% 19.4% 24.7% 48.6%
2005 23.9% 23.2% 26% 51.9%
2004 25% 28.2% 22.9% 49.6%
2003 28.1% 31.1% 22.9% 45.6%
2002 30.6% 27.2% 23.6% 48.8%
2001 26.5% 25% 22.1% 38.1%
2000 22.2% 24.7% 20.7% 32.5%
1999 27.1% 24.7% 20.9% 28.9%
1998 25.7% 20% 18.8% 29.4%
1997 31% 14.8% 19.5% 27.2%
1996 22.7% 13.1% 18.9% 24.1%
1995 25.1% 13.6% 19.2% 22.9%
1994 26.1% 5.62% 19.1% 23.8%
1993 26.7% 5.95% 21.8% 22.9%
1992 29.4% 6.45% 18.4% 22.2%
1991 28.5% 6.71% 18.4% 19.8%
1990 32.4% 7.24% 16.7% 17%
1989 - - 19% 18.1%
1988 - - 18.2% 18.6%
1987 - - 19.9% 19.6%
1986 - - 21.1% 17.2%
1985 - - 20.4% 17.1%

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/saint-lucia | CC BY

In 2024, Bahrain's government spending was $13.7B, accounting for 29.1% of its GDP, while Saint Lucia spent $625M, or 24.5% of GDP.

Debt-to-GDP ratio is 133.4% in Bahrain and 77.2% in Saint Lucia, ranking 9/185 and 46/185, respectively.

Government deficit by year

Deficit/surplus
Bahrain

Saint Lucia
1x
Year Deficit/surplus, % of GDP
Bahrain Saint Lucia
2024 -10.6% -2.13%
2023 -9.67% -3.09%
2022 -6.02% -1.67%
2021 -10.6% -5.1%
2020 -17.3% -12%
2019 -8.57% -3.51%
2018 -11.3% -1.03%
2017 -13.4% -1.14%
2016 -16.6% -0.79%
2015 -17.5% -2.35%
2014 -3.32% -3.08%
2013 -8.55% -4.84%
2012 -5.77% -7.62%
2011 -4.9% -5.38%
2010 -9.29% -4.17%
2009 -5.36% -2.67%
2008 4.08% -0.72%
2007 1.52% -1.62%
2006 2.24% -5.07%
2005 2.8% -6.18%
2004 0.24% -2.63%
2003 -1.7% -3.23%
2002 -3.27% -3.1%
2001 0.7% -3.08%
2000 7.33% -1.16%
1999 -4.85% 1.62%
1998 -5.49% 2.25%
1997 -6.39% -1.13%
1996 0.24% -0.58%
1995 -3.99% -0.13%
1994 -5.18% -0.02%
1993 -2.77% -0.26%
1992 -5.41% -0.66%
1991 -3.47% -0.43%
1990 -6.79% 0.29%
1989 - 0.89%
1988 - 2.02%
1987 - 0.56%
1986 - -1.61%
1985 - -1.5%

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/saint-lucia | 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 Saint Lucia's deficit of $54.2M, or 2.13% of GDP.

Over the past 35 years, Bahrain recorded a fiscal deficit in 27 of those years, while Saint Lucia ran a deficit in 32 years. On average, Bahrain posted an annual deficit equal to 5.39% of GDP, compared to deficit of 2.47% of GDP for Saint Lucia.

Inflation comparison by year

Inflation
Bahrain

Saint Lucia
1x
Year Consumer prices inflation
Bahrain Saint Lucia
2024 0.92% -0.11%
2023 0.07% 4.07%
2022 3.63% 6.38%
2021 -0.61% 2.41%
2020 -2.32% -1.76%
2019 1.01% 0.54%
2018 2.09% 1.94%
2017 1.39% 0.1%
2016 2.79% -3.08%
2015 1.85% -0.98%
2014 2.65% 3.52%
2013 3.3% 1.47%
2012 2.76% 4.18%
2011 -0.4% 2.77%
2010 1.96% 3.25%
2009 2.8% -0.16%
2008 3.53% 5.55%
2007 3.26% 2.82%
2006 2.01% 2.4%
2005 2.59% 3.9%
2004 2.35% 1.46%
2003 1.59% 1.03%
2002 -0.5% -0.26%
2001 -1.21% 5.31%
2000 -0.7% 3.71%
1999 -1.29% 3.5%
1998 -0.37% 3.2%
1997 2.43% -0.006%

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

GeoRank.org/economy/bahrain/saint-lucia | CC BY

Over the past 28 years, Bahrain has recorded an average annual inflation rate of 1.34%, compared with 2.04% in Saint Lucia. In 2024, inflation was 0.92% in Bahrain and -0.11% in Saint Lucia.

Top exports between countries

Bahrain
Export category Export value
Chemicals & pharma $31K
Saint Lucia
Export category Export value

Balance of trade

Bahrain Saint Lucia
Current account balance
$2.28B
2024
-$64.1M
2024
Current account balance ranking
44/190
2024
86/190
2024
Current account balance, % of GDP
+4.84%
2024
-2.52%
2024
Goods imports
$20.7B
2024
$848M
2024
Goods exports
$24.3B
2024
$137M
2024
Service imports
$12.4B
2024
$598M
2024
Service exports
$17B
2024
$1.46B
2024
Imports of goods and services, % of GDP
70.1%
2024
n/a
Exports of goods and services, % of GDP
87.7%
2024
19%
2025

Economic freedom indices

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

Bahrain Saint Lucia
Economic freedom 65.7 67.5
Economic freedom ranking 63/197 57/197
Property rights 60.9 64.3
Government integrity 45.9 59.7
Judicial effectiveness 30 77.3
Tax burden 99.9 77.7
Government spending 75 82.6
Fiscal health 0 80
Business freedom 75.9 71.9
Labor freedom 55.5 65.2
Monetary freedom 88.8 81
Trade freedom 86.8 60
Investment freedom 90 50
Financial freedom 80 40

Economic freedom comparison by year

Bahrain
Saint Lucia
1x
Year Economic freedom index
Bahrain Saint Lucia
2026 65.7 67.5
2025 65.6 67
2024 63.4 62.2
2023 62.5 60.7
2022 62 64.3
2021 69.9 67.5
2020 66.3 68.2
2019 66.4 68.7
2018 67.7 67.6
2017 68.5 65
2016 74.3 70
2015 73.4 70.2
2014 75.1 70.7
2013 75.5 70.4
2012 75.2 71.3
2011 77.7 70.8
2010 76.3 70.5
2009 74.8 68.8
2008 72.2 -
2007 71.2 -
2006 71.6 -
2005 71.2 -
2004 75.1 -
2003 76.3 -
2002 75.6 -
2001 75.9 -
2000 75.7 -
1999 75.2 -
1998 75.6 -
1997 76.1 -
1996 76.4 -
1995 76.2 -

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

GeoRank.org/economy/bahrain/saint-lucia | CC BY

The Economic Freedom Index for Bahrain is 65.7, ranking 63/197, compared to 67.5 for Saint Lucia, ranking 57/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahrain Saint Lucia
Services, % of GDP
53.2%
2024
75.9%
2024
Industry, % of GDP
42.3%
2024
9.75%
2024
Agriculture, forestry, and fishing, % of GDP
0.25%
2024
1.13%
2024
GNI, Atlas method
$44.6B
2024
$2.27B
2024
GNI per capita, PPP
$62,230
2024
$24,840
2024
Total reserves including gold
$4.95B
2024
$406M
2024
Total reserves ranking
102/177
2024
162/177
2024
Net foreign direct investment
-$2.43B
2024
-$187M
2024
Net inflows of foreign direct investment
$2.7B
2024
$187M
2024
Net outflows of foreign direct investment
$275M
2024
-$350K
2024
Servicing debt to the IMF, % of GNI n/a
3.42%
2024
Poverty at national poverty lines n/a
25%
2016
Gross capital formation, % of GDP
28.4%
2024
n/a

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/saint-lucia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2023, retrieved 2026-02-08)

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.