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Economy of Bahrain vs Tajikistan compared: GDP & Debt

Updated on by Georank team

Bahrain has a GDP of $47.1B compared to $14.2B for Tajikistan, ranking 96/197 and 145/197 by economy size, respectively.

Bahrain has $62.8B in government debt (133.4% of GDP), compared to $3.54B (24.9% of GDP) in Tajikistan.

Bahrain vs Tajikistan GDP by year

Bahrain
Tajikistan
1x
Year GDP, current $
Bahrain Tajikistan
2024 $47,109,734,309 $14,204,575,549
2023 $46,192,260,638 $12,244,169,293
2022 $46,458,191,489 $10,713,525,200
2021 $40,840,212,766 $8,937,805,347
2020 $35,837,632,979 $8,133,963,551
2019 $40,446,808,511 $8,300,813,599
2018 $39,567,978,723 $7,764,999,999
2017 $37,204,813,830 $7,536,402,853
2016 $33,884,680,851 $6,992,416,097
2015 $32,523,297,872 $8,271,431,485
2014 $34,772,526,596 $9,112,605,459
2013 $33,823,324,468 $8,448,411,318
2012 $31,963,404,255 $7,633,036,903
2011 $29,914,680,851 $6,522,756,255
2010 $26,805,984,043 $5,642,221,099
2009 $22,938,218,085 $4,979,472,364
2008 $25,710,904,255 $5,161,299,725
2007 $21,730,000,000 $3,719,524,541
2006 $18,504,760,638 $2,830,213,849
2005 $15,968,723,404 $2,312,352,021
2004 $13,150,159,574 $2,076,176,869
2003 $11,074,813,830 $1,555,318,261
2002 $9,593,510,638 $1,221,106,220
2001 $8,976,196,809 $1,080,772,551
2000 $9,062,898,936 $860,541,842
1999 $7,528,469,149 $1,086,612,290
1998 $7,031,309,043 $1,320,199,582
1997 $7,219,407,713 $921,518,033
1996 $6,938,166,755 $1,043,654,822
1995 $6,651,180,851 $1,231,561,860
1994 $6,330,627,926 $1,522,001,206
1993 $5,913,001,064 $1,646,623,195
1992 $5,402,232,447 $1,908,554,572
1991 $5,248,911,170 $2,536,585,366
1990 $4,809,511,005 $2,629,395,066
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 (1970–2024, retrieved 2026-04-06).

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

GDP per capita in Bahrain vs Tajikistan by year

Bahrain
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahrain Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,654 $66,941 $1,341 $5,406
2023 $29,290 $64,171 $1,178 $4,964
2022 $30,471 $61,678 $1,052 $4,514
2021 $27,148 $54,955 $897 $3,986
2020 $24,343 $53,436 $834 $3,654
2019 $27,260 $56,600 $871 $3,460
2018 $26,324 $51,993 $834 $3,069
2017 $24,785 $50,185 $829 $3,017
2016 $23,800 $47,429 $789 $2,914
2015 $23,734 $48,034 $957 $2,975
2014 $26,452 $54,299 $1,082 $3,152
2013 $26,990 $56,310 $1,028 $2,919
2012 $26,439 $56,713 $952 $2,679
2011 $25,033 $52,677 $834 $2,456
2010 $21,819 $49,255 $737 $2,291
2009 $19,465 $48,626 $665 $2,171
2008 $23,299 $50,330 $703 $2,120
2007 $20,908 $49,347 $517 $1,966
2006 $19,267 $48,009 $401 $1,810
2005 $17,966 $47,268 $334 $1,673
2004 $15,964 $46,317 $306 $1,550
2003 $14,486 $45,427 $233.6 $1,396
2002 $13,501 $45,091 $187 $1,257
2001 $13,573 $46,162 $168.7 $1,139
2000 $14,214 $45,688 $136.9 $1,036
1999 $12,123 $43,561 $175 $947
1998 $11,625 $42,281 $213.7 $905
1997 $12,255 $40,965 $150.1 $855
1996 $12,092 $40,106 $172 $836
1995 $11,901 $38,839 $207 $1,006
1994 $11,629 $37,579 $261.3 $1,148
1993 $11,152 $37,870 $287.6 $1,454
1992 $10,460 $33,648 $338 $1,721
1991 $10,434 $31,657 $458 $2,417
1990 $9,343 $26,902 $487 $2,583
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 (1970–2024, retrieved 2026-04-06).

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

Bahrain's GDP per capita is $29,654, ranking 42/197, compared to $1,341 in Tajikistan, ranking 166/197. Adjusted for purchasing power (GDP per capita PPP), Bahrain ranks 26th at $66,941, while Tajikistan ranks 157th at $5,406.

Economic indicators

Bahrain Tajikistan
Gross domestic product
$47.1B
2024
$14.2B
2024
GDP rank
96/197
2024
145/197
2024
GDP growth
2.6%
2023-2024
8.4%
2023-2024
GDP per capita
$29,654
2024
$1,341
2024
GDP per capita rank
42/197
2024
166/197
2024
GDP per capita, PPP
$66,941
2024
$5,406
2024
GDP per capita PPP rank
26/197
2024
157/197
2024
Government debt
$62.8B
2024
$3.54B
2024
Debt-to-GDP ratio
133.4%
2024
24.9%
2024
Government debt per person
$39,552
2024
$335
2024
Government debt per person rank
14/185
2024
175/185
2024
Average annual personal income after taxes
$23,253
2026
$2,591
2026
Market capitalization of domestic companies
$20.4B
2024
n/a
Income share by richest 10% n/a
28.2%
2024
Income share by poorest 10% n/a
2.9%
2024
Government expenditure, % of GDP
29.1%
2024
27.7%
2024
Consumer prices inflation
0.92%
2023-2024
3.5%
2023-2024
Central bank interest rate
4.25%
2025
7.75%
2025
Unemployment rate
1.2%
2012
0.08%
2016
Population
1669503
11038274

Spending and national debt comparison by year

Bahrain
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Bahrain Tajikistan
Government spending Government debt Government spending Government debt
2024 29.1% 133.4% 27.7% 24.9%
2023 29.1% 123% 28% 29.9%
2022 28.4% 111.6% 27.4% 31.8%
2021 30.6% 122.3% 27.6% 42%
2020 34.6% 125.7% 29.2% 50.9%
2019 31.2% 97.1% 28.8% 43.2%
2018 32.1% 90.4% 30.9% 46.3%
2017 30.7% 84% 33.8% 46.3%
2016 33.3% 77.4% 32.7% 42.2%
2015 34.8% 63.2% 31.9% 35%
2014 27.3% 42.6% 27.5% 27.9%
2013 32% 42.3% 27.7% 29.3%
2012 31.1% 34.8% 24.7% 32.5%
2011 30.2% 31.6% 24.3% 35.5%
2010 31.1% 28.8% 25.9% 36.8%
2009 24.6% 20.5% 23.6% 36.9%
2008 22.7% 12.1% 20.2% 30.2%
2007 22.4% 15.7% 20.3% 34.3%
2006 23.1% 19.4% 21.6% 36.8%
2005 23.9% 23.2% 22.9% 45.8%
2004 25% 28.2% 20.2% 49.4%
2003 28.1% 31.1% 19.1% 69.8%
2002 30.6% 27.2% 19.1% 98.3%
2001 26.5% 25% 17.3% 99.4%
2000 22.2% 24.7% 18.1% 111.4%
1999 27.1% 24.7% 17.5% 107.8%
1998 25.7% 20% 17.1% 96.6%
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/tajikistan | CC BY

In 2024, Bahrain's government spending was $13.7B, accounting for 29.1% of its GDP, while Tajikistan spent $3.93B, or 27.7% of GDP.

Debt-to-GDP ratio is 133.4% in Bahrain and 24.9% in Tajikistan, ranking 9/185 and 166/185, respectively.

Government deficit by year

Deficit/surplus
Bahrain

Tajikistan
1x
Year Deficit/surplus, % of GDP
Bahrain Tajikistan
2024 -10.6% 0.28%
2023 -9.67% -0.93%
2022 -6.02% -0.23%
2021 -10.6% -0.64%
2020 -17.3% -4.34%
2019 -8.57% -2.04%
2018 -11.3% -2.69%
2017 -13.4% -5.65%
2016 -16.6% -2.91%
2015 -17.5% -1.96%
2014 -3.32% 0.92%
2013 -8.55% -0.73%
2012 -5.77% 0.41%
2011 -4.9% 0.6%
2010 -9.29% -2.71%
2009 -5.36% -0.2%
2008 4.08% 1.94%
2007 1.52% 2.13%
2006 2.24% 2%
2005 2.8% -2.83%
2004 0.24% -2.32%
2003 -1.7% -1.74%
2002 -3.27% -2.4%
2001 0.7% -2.11%
2000 7.33% -4.51%
1999 -4.85% -4.03%
1998 -5.49% -5.09%
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/tajikistan | 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 Tajikistan's surplus of $39.2M, or 0.28% of GDP.

Over the past 27 years, Bahrain recorded a fiscal deficit in 20 of those years, while Tajikistan ran a deficit in 20 years. On average, Bahrain posted an annual deficit equal to 5.74% of GDP, compared to deficit of 1.55% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Bahrain

Tajikistan
1x
Year Consumer prices inflation
Bahrain Tajikistan
2024 0.92% 3.5%
2023 0.07% 3.7%
2022 3.63% 6.6%
2021 -0.61% 9%
2020 -2.32% 8.6%
2019 1.01% 7.8%
2018 2.09% 3.8%
2017 1.39% 7.3%
2016 2.79% 5.9%
2015 1.85% 5.8%
2014 2.65% 6.1%
2013 3.3% 5%
2012 2.76% 5.8%
2011 -0.4% 12.4%
2010 1.96% 6.5%
2009 2.8% 6.4%
2008 3.53% 20.4%
2007 3.26% 13.2%
2006 2.01% 10%
2005 2.59% 7.3%
2004 2.35% 7.2%
2003 1.59% 16.4%
2002 -0.5% 12.2%
2001 -1.21% 38.6%
2000 -0.7% 32.9%
1999 -1.29% 27.5%
1998 -0.37% 43.2%
1997 2.43% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Bahrain has recorded an average annual inflation rate of 1.34%, compared with 15% in Tajikistan. In 2024, inflation was 0.92% in Bahrain and 3.5% in Tajikistan.

Top exports between countries

Bahrain
Export category Export value
Processed food, beverages & tobacco $22K
Tajikistan
Export category Export value

Balance of trade

Bahrain Tajikistan
Current account balance
$2.28B
2024
$887M
2024
Current account balance ranking
44/190
2024
54/190
2024
Current account balance, % of GDP
+4.84%
2024
+6.24%
2024
Goods imports
$20.7B
2024
$5.94B
2024
Goods exports
$24.3B
2024
$1.42B
2024
Service imports
$12.4B
2024
$971M
2024
Service exports
$17B
2024
$195M
2024
Imports of goods and services, % of GDP
70.1%
2024
48.4%
2023
Exports of goods and services, % of GDP
87.7%
2024
17.2%
2023

Economic freedom indices

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

Bahrain Tajikistan
Economic freedom 65.7 52.5
Economic freedom ranking 63/197 147/197
Property rights 60.9 28.4
Government integrity 45.9 18.5
Judicial effectiveness 30 10.1
Tax burden 99.9 94.2
Government spending 75 77
Fiscal health 0 98.6
Business freedom 75.9 60.6
Labor freedom 55.5 43.4
Monetary freedom 88.8 72.6
Trade freedom 86.8 72.2
Investment freedom 90 25
Financial freedom 80 30

Economic freedom comparison by year

Bahrain
Tajikistan
1x
Year Economic freedom index
Bahrain Tajikistan
2026 65.7 52.5
2025 65.6 51.5
2024 63.4 51.3
2023 62.5 50.6
2022 62 49.7
2021 69.9 55.2
2020 66.3 52.2
2019 66.4 55.6
2018 67.7 58.3
2017 68.5 58.2
2016 74.3 51.3
2015 73.4 52.7
2014 75.1 52
2013 75.5 53.4
2012 75.2 53.4
2011 77.7 53.5
2010 76.3 53
2009 74.8 54.6
2008 72.2 54.4
2007 71.2 53.6
2006 71.6 52.6
2005 71.2 50.4
2004 75.1 48.7
2003 76.3 46.5
2002 75.6 47.3
2001 75.9 46.8
2000 75.7 44.8
1999 75.2 41.2
1998 75.6 41.1
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/tajikistan | CC BY

The Economic Freedom Index for Bahrain is 65.7, ranking 63/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahrain Tajikistan
Services, % of GDP
53.2%
2024
34.7%
2023
Industry, % of GDP
42.3%
2024
33.6%
2023
Agriculture, forestry, and fishing, % of GDP
0.25%
2024
22.9%
2023
GNI, Atlas method
$44.6B
2024
$17.5B
2024
GNI per capita, PPP
$62,230
2024
$7,100
2024
Total reserves including gold
$4.95B
2024
$3.3B
2023
Total reserves ranking
102/177
2024
117/177
2023
Net foreign direct investment
-$2.43B
2024
-$190M
2024
Net inflows of foreign direct investment
$2.7B
2024
$291M
2024
Net outflows of foreign direct investment
$275M
2024
$101M
2024
Servicing debt to the IMF, % of GNI n/a
3.07%
2024
Poverty at national poverty lines n/a
19.8%
2024
Gross capital formation, % of GDP
28.4%
2024
31.7%
2023

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/tajikistan | 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. TradeMap (2021, 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.