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Economy of Bahrain vs Slovakia compared: GDP & Debt

Updated on by Georank

Bahrain has a GDP of $49B compared to $155B for Slovakia, ranking 98/197 and 60/197 by economy size, respectively.

Bahrain has $72.3B in government debt (147.6% of GDP), compared to $95.3B (61.6% of GDP) in Slovakia.

Bahrain vs Slovakia GDP by year

Bahrain
Slovakia
1x
Year GDP, current $
Bahrain Slovakia
2025 $48,965,725,532 $154,530,066,507
2024 $47,210,732,713 $140,934,076,532
2023 $46,192,260,638 $133,578,518,424
2022 $46,458,191,489 $115,792,972,358
2021 $40,840,212,766 $120,511,265,913
2020 $35,837,632,979 $107,732,602,896
2019 $40,446,808,511 $105,843,498,304
2018 $39,567,978,723 $106,611,673,365
2017 $37,204,813,830 $95,978,130,735
2016 $33,884,680,851 $90,347,173,229
2015 $32,523,297,872 $89,178,548,717
2014 $34,772,526,596 $101,713,075,599
2013 $33,823,324,468 $99,134,277,850
2012 $31,963,404,255 $94,724,394,278
2011 $29,914,680,851 $99,705,104,723
2010 $26,805,984,043 $91,112,160,801
2009 $22,938,218,085 $89,342,984,698
2008 $25,710,904,255 $96,685,492,864
2007 $21,730,000,000 $77,019,443,089
2006 $18,504,760,638 $57,111,148,619
2005 $15,968,723,404 $48,823,790,951
2004 $13,150,159,574 $42,960,730,480
2003 $11,074,813,830 $33,761,723,946
2002 $9,593,510,638 $24,768,142,566
2001 $8,976,196,809 $21,377,597,035
2000 $9,062,898,936 $20,626,538,612
1999 $7,528,469,149 $20,813,421,086
1998 $7,031,309,043 $22,911,708,405
1997 $7,219,407,713 $22,026,728,498
1996 $6,938,166,755 $21,864,845,214
1995 $6,651,180,851 $20,306,095,054
1994 $6,330,627,926 $16,187,735,322
1993 $5,913,001,064 $13,991,963,247
1992 $5,402,232,447 $12,932,972,789
1991 $5,248,911,170 $11,952,983,608
1990 $4,809,511,005 $17,068,924,602
1989 $4,393,093,963 -
1988 $4,209,834,173 -
1987 $3,856,922,694 -
1986 $3,470,746,843 -
1985 $4,152,376,484 -
1984 $4,440,874,566 -
1983 $4,247,030,468 -
1982 $4,145,421,080 -
1981 $3,943,109,532 -
1980 $3,493,834,468 -
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 (1970–2025, retrieved 2026-07-08).

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

GDP per capita in Bahrain vs Slovakia by year

Bahrain
GDP per capita

GDP per capita, PPP
Slovakia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahrain Slovakia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $30,597 - $28,544 -
2024 $29,717 $66,941 $25,993 $48,132
2023 $29,290 $64,171 $24,615 $45,974
2022 $30,471 $61,678 $21,318 $41,562
2021 $27,148 $54,955 $22,123 $38,346
2020 $24,343 $53,436 $19,735 $35,328
2019 $27,260 $56,600 $19,406 $33,986
2018 $26,324 $51,993 $19,573 $31,510
2017 $24,785 $50,185 $17,646 $30,246
2016 $23,800 $47,429 $16,636 $29,868
2015 $23,734 $48,034 $16,442 $30,148
2014 $26,452 $54,299 $18,771 $29,108
2013 $26,990 $56,310 $18,313 $28,075
2012 $26,439 $56,713 $17,517 $27,023
2011 $25,033 $52,677 $18,469 $26,202
2010 $21,819 $49,255 $16,899 $25,382
2009 $19,465 $48,626 $16,587 $23,077
2008 $23,299 $50,330 $17,974 $23,714
2007 $20,908 $49,347 $14,330 $21,232
2006 $19,267 $48,009 $10,629 $18,906
2005 $17,966 $47,268 $9,087 $16,570
2004 $15,964 $46,317 $7,997 $15,166
2003 $14,486 $45,427 $6,283 $14,088
2002 $13,501 $45,091 $4,606 $13,292
2001 $13,573 $46,162 $3,974 $12,367
2000 $14,214 $45,688 $3,828 $11,370
1999 $12,123 $43,561 $3,857 $10,726
1998 $11,625 $42,281 $4,250 $10,666
1997 $12,255 $40,965 $4,092 $10,137
1996 $12,092 $40,106 $4,069 $9,500
1995 $11,901 $38,839 $3,787 $8,812
1994 $11,629 $37,579 $3,028 $8,178
1993 $11,152 $37,870 $2,627 $7,569
1992 $10,460 $33,648 $2,438 $7,270
1991 $10,434 $31,657 $2,254 $7,623
1990 $9,343 $26,902 $3,221 $8,638
1989 $8,833 - - -
1988 $8,772 - - -
1987 $8,333 - - -
1986 $7,777 - - -
1985 $9,649 - - -
1984 $10,697 - - -
1983 $10,599 - - -
1982 $10,712 - - -
1981 $10,557 - - -
1980 $9,733 - - -
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 (1970–2025, retrieved 2026-07-08).

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

Bahrain's GDP per capita is $30,597, ranking 44/197, compared to $28,544 in Slovakia, ranking 46/197. Adjusted for purchasing power (GDP per capita PPP), Bahrain ranks 26th at $66,941, while Slovakia ranks 49th at $48,132.

Economic indicators

Bahrain Slovakia
Gross domestic product
$49B
2025
$155B
2025
GDP rank
98/197
2025
60/197
2025
GDP growth
3.48%
2024-2025
0.81%
2024-2025
GDP per capita
$30,597
2025
$28,544
2025
GDP per capita rank
44/197
2025
46/197
2025
GDP per capita, PPP
$66,941
2024
$48,132
2024
GDP per capita PPP rank
26/197
2024
49/197
2024
Government debt
$72.3B
2025
$95.3B
2025
Debt-to-GDP ratio
147.6%
2025
61.6%
2025
Government debt per person
$45,165
2025
$17,597
2025
Government debt per person rank
13/185
2025
36/185
2025
Average annual personal income after taxes
$23,191
2026
$17,518
2026
Market capitalization of domestic companies
$21.3B
2025
$5.38B
2014
Number of billionaires n/a
2
2026
Income share by richest 10% n/a
18.8%
2023
Income share by poorest 10% n/a
3.3%
2023
Government expenditure, % of GDP
29.4%
2025
48.7%
2025
Consumer prices inflation
-0.14%
2024-2025
4%
2024-2025
Central bank interest rate
4.25%
2025
n/a
Unemployment rate
0.89%
2015
5.4%
2025
Population
1649267
5376239

Spending and national debt comparison by year

Bahrain
Spending

Debt
Slovakia
Spending

Debt
1x
Year % of GDP
Bahrain Slovakia
Government spending Government debt Government spending Government debt
2025 29.4% 147.6% 48.7% 61.6%
2024 28.9% 133.7% 47.5% 59.7%
2023 29% 123% 48.2% 55.8%
2022 28.4% 111.6% 43.1% 57.8%
2021 30.6% 122.3% 44.8% 60.2%
2020 34.6% 125.7% 44.5% 58.4%
2019 31.2% 97.1% 40.6% 48%
2018 32.1% 90.4% 39.7% 49.3%
2017 30.7% 84% 39.8% 51.4%
2016 33.3% 77.4% 40.9% 52.1%
2015 34.8% 63.2% 44.1% 51.6%
2014 27.3% 42.6% 42% 53.4%
2013 32% 42.3% 41.1% 54.6%
2012 31.1% 34.8% 40% 51.7%
2011 30.2% 31.6% 40.8% 43.3%
2010 31.1% 28.8% 41% 40.7%
2009 24.6% 20.5% 43.2% 36.4%
2008 22.7% 12.1% 36.5% 28.6%
2007 22.4% 15.7% 35.9% 30.4%
2006 23.1% 19.4% 38.2% 31.5%
2005 23.9% 23.2% 39.1% 35%
2004 25% 28.2% 38.4% 42%
2003 28.1% 31.1% 40% 43.6%
2002 30.6% 27.2% 46% 45.6%
2001 26.5% 25% 46.2% 51.4%
2000 22.2% 24.7% 53.2% 50.6%
1999 27.1% 24.7% 48.4% 47.1%
1998 25.7% 20% 46.2% 33.9%
1997 31% 14.8% 48.6% 32.8%
1996 22.7% 13.1% 52.8% 30.3%
1995 25.1% 13.6% 47.8% 21.3%
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/slovakia | CC BY

In 2025, Bahrain's government spending was $14.4B, accounting for 29.4% of its GDP, while Slovakia spent $75.3B, or 48.7% of GDP.

Debt-to-GDP ratio is 147.6% in Bahrain and 61.6% in Slovakia, ranking 6/185 and 74/185, respectively.

Government deficit by year

Deficit/surplus
Bahrain

Slovakia
1x
Year Deficit/surplus, % of GDP
Bahrain Slovakia
2025 -13% -5.02%
2024 -11% -5.5%
2023 -9.66% -5.3%
2022 -6.03% -1.56%
2021 -10.6% -5.09%
2020 -17.3% -5.3%
2019 -8.57% -1.21%
2018 -11.3% -1.01%
2017 -13.4% -0.98%
2016 -16.6% -2.59%
2015 -17.5% -2.78%
2014 -3.32% -3.25%
2013 -8.55% -2.86%
2012 -5.77% -4.37%
2011 -4.9% -4.36%
2010 -9.29% -7.44%
2009 -5.36% -8.18%
2008 4.08% -2.54%
2007 1.52% -2.26%
2006 2.24% -3.57%
2005 2.8% -2.86%
2004 0.24% -2.36%
2003 -1.7% -2.28%
2002 -3.27% -8.35%
2001 0.7% -7.74%
2000 7.33% -12.7%
1999 -4.85% -7.25%
1998 -5.49% -5.37%
1997 -6.39% -6.24%
1996 0.24% -9.72%
1995 -3.99% -3.43%
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/slovakia | 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 Slovakia's deficit of $7.75B, or 5.02% of GDP.

Over the past 31 years, Bahrain recorded a fiscal deficit in 23 of those years, while Slovakia ran a deficit in 31 years. On average, Bahrain posted an annual deficit equal to 5.76% of GDP, compared to deficit of 4.63% of GDP for Slovakia.

Inflation comparison by year

Inflation
Bahrain

Slovakia
1x
Year Consumer prices inflation
Bahrain Slovakia
2025 -0.14% 4%
2024 0.92% 2.76%
2023 0.07% 10.5%
2022 3.63% 12.8%
2021 -0.61% 3.15%
2020 -2.32% 1.94%
2019 1.01% 2.66%
2018 2.09% 2.51%
2017 1.39% 1.31%
2016 2.79% -0.52%
2015 1.85% -0.33%
2014 2.65% -0.08%
2013 3.3% 1.4%
2012 2.76% 3.61%
2011 -0.4% 3.92%
2010 1.96% 0.96%
2009 2.8% 1.62%
2008 3.53% 4.6%
2007 3.26% 2.76%
2006 2.01% 4.48%
2005 2.59% 2.71%
2004 2.35% 7.55%
2003 1.59% 8.55%
2002 -0.5% 3.13%
2001 -1.21% 7.33%
2000 -0.7% 12%
1999 -1.29% 10.6%
1998 -0.37% 6.67%
1997 2.43% 6.14%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Bahrain has recorded an average annual inflation rate of 1.29%, compared with 4.44% in Slovakia. In 2025, inflation was -0.14% in Bahrain and 4% in Slovakia.

Top exports between countries

Bahrain
Export category Export value
Raw materials & minerals $201K
Metals $157K
Processed food, beverages & tobacco $120K
Machinery & equipment $98K
Textiles & consumer goods $7K
Slovakia
Export category Export value
Machinery & equipment $22.1M
Metals $594K
Textiles & consumer goods $389K
Raw materials & minerals $384K
Processed food, beverages & tobacco $275K
Wood & paper products $106K
Chemicals & pharma $35K
Miscellaneous $20K
Weapons & explosives $12K
Animal & marine products $8K

Balance of trade

Bahrain Slovakia
Current account balance
$2.28B
2024
-$5.6B
2025
Current account balance ranking
43/190
2024
165/190
2025
Current account balance, % of GDP
+4.83%
2024
-3.63%
2025
Goods imports
$20.7B
2024
$117B
2025
Goods exports
$24.3B
2024
$117B
2025
Service imports
$12.4B
2024
$14.3B
2025
Service exports
$17B
2024
$14.7B
2025
Imports of goods and services, % of GDP
70%
2024
85.2%
2025
Exports of goods and services, % of GDP
87.5%
2024
85.1%
2025

Economic freedom indices

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

Bahrain Slovakia
Economic freedom 65.7 67.7
Economic freedom ranking 63/197 54/197
Property rights 60.9 82.6
Government integrity 45.9 57.2
Judicial effectiveness 30 70.5
Tax burden 99.9 75.4
Government spending 75 36.4
Fiscal health 0 69.6
Business freedom 75.9 71.1
Labor freedom 55.5 55.1
Monetary freedom 88.8 69.7
Trade freedom 86.8 79.4
Investment freedom 90 75
Financial freedom 80 70

Economic freedom comparison by year

Bahrain
Slovakia
1x
Year Economic freedom index
Bahrain Slovakia
2026 65.7 67.7
2025 65.6 68.4
2024 63.4 68.1
2023 62.5 69
2022 62 69.7
2021 69.9 66.3
2020 66.3 66.8
2019 66.4 65
2018 67.7 65.3
2017 68.5 65.7
2016 74.3 66.6
2015 73.4 67.2
2014 75.1 66.4
2013 75.5 68.7
2012 75.2 67
2011 77.7 69.5
2010 76.3 69.7
2009 74.8 69.4
2008 72.2 70
2007 71.2 69.6
2006 71.6 69.8
2005 71.2 66.8
2004 75.1 64.6
2003 76.3 59
2002 75.6 59.8
2001 75.9 58.5
2000 75.7 53.8
1999 75.2 54.2
1998 75.6 57.5
1997 76.1 55.5
1996 76.4 57.6
1995 76.2 60.4

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

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

The Economic Freedom Index for Bahrain is 65.7, ranking 63/197, compared to 67.7 for Slovakia, ranking 54/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahrain Slovakia
Services, % of GDP
54.3%
2025
59.8%
2025
Industry, % of GDP
41.2%
2025
28.1%
2025
Agriculture, forestry, and fishing, % of GDP
0.24%
2025
1.59%
2025
GNI, Atlas method
$46.1B
2025
$143B
2025
GNI per capita, PPP
$65,500
2025
$47,920
2025
Total reserves including gold
$5.27B
2025
$18.2B
2025
Total reserves ranking
101/177
2025
69/177
2025
Net foreign direct investment
-$2.43B
2024
-$198M
2025
Net inflows of foreign direct investment
$2.7B
2024
$5.01B
2024
Net outflows of foreign direct investment
$275M
2024
$2.24B
2024
Poverty at national poverty lines n/a
13.7%
2021
Gross capital formation, % of GDP
28.4%
2024
20.1%
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/slovakia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, 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 (2020–2025, 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.

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.