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Economy of Bahrain vs Uruguay compared: GDP & Debt

Updated on by Georank

Bahrain has a GDP of $49B compared to $85.3B for Uruguay, ranking 98/197 and 84/197 by economy size, respectively.

Bahrain has $72.3B in government debt (147.6% of GDP), compared to $56B (65.7% of GDP) in Uruguay.

Bahrain vs Uruguay GDP by year

Bahrain
Uruguay
1x
Year GDP, current $
Bahrain Uruguay
2025 $48,965,725,532 $85,347,696,278
2024 $47,210,732,713 $82,322,859,144
2023 $46,192,260,638 $79,208,725,900
2022 $46,458,191,489 $71,240,669,088
2021 $40,840,212,766 $60,739,061,281
2020 $35,837,632,979 $53,559,354,501
2019 $40,446,808,511 $62,222,324,965
2018 $39,567,978,723 $65,344,577,416
2017 $37,204,813,830 $65,006,039,810
2016 $33,884,680,851 $57,480,787,465
2015 $32,523,297,872 $57,680,327,999
2014 $34,772,526,596 $61,496,186,974
2013 $33,823,324,468 $61,337,621,934
2012 $31,963,404,255 $54,232,266,359
2011 $29,914,680,851 $50,342,406,067
2010 $26,805,984,043 $41,950,361,212
2009 $22,938,218,085 $32,708,319,078
2008 $25,710,904,255 $31,119,602,539
2007 $21,730,000,000 $23,797,773,024
2006 $18,504,760,638 $19,741,420,740
2005 $15,968,723,404 $17,362,857,684
2004 $13,150,159,574 $13,686,329,890
2003 $11,074,813,830 $12,045,638,352
2002 $9,593,510,638 $13,606,515,723
2001 $8,976,196,809 $20,898,761,742
2000 $9,062,898,936 $22,823,270,892
1999 $7,528,469,149 $23,983,945,191
1998 $7,031,309,043 $25,385,886,978
1997 $7,219,407,713 $23,969,739,234
1996 $6,938,166,755 $20,515,458,114
1995 $6,651,180,851 $19,297,663,097
1994 $6,330,627,926 $17,474,588,896
1993 $5,913,001,064 $15,002,136,971
1992 $5,402,232,447 $12,878,148,791
1991 $5,248,911,170 $11,206,176,651
1990 $4,809,511,005 $9,298,807,850
1989 $4,393,093,963 $8,438,951,476
1988 $4,209,834,173 $8,213,538,369
1987 $3,856,922,694 $7,367,494,080
1986 $3,470,746,843 $5,880,112,788
1985 $4,152,376,484 $4,732,017,873
1984 $4,440,874,566 $4,850,238,550
1983 $4,247,030,468 $5,102,276,308
1982 $4,145,421,080 $9,178,780,077
1981 $3,943,109,532 $11,048,301,421
1980 $3,493,834,468 $10,163,020,116
1979 $2,710,160,739 $7,181,182,224
1978 $2,272,042,965 $4,910,254,566
1977 $1,989,060,283 $4,114,670,014
1976 $1,581,709,519 $3,667,161,241
1975 $1,099,107,601 $3,538,278,047
1974 $1,042,176,884 $4,090,209,682
1973 $761,132,545 $3,964,296,443
1972 $534,081,184 $2,189,418,689
1971 $422,181,562 $2,807,258,065
1970 $391,577,364 $2,137,096,774
1969 - $2,004,435,484
1968 - $1,593,674,185
1967 - $1,597,713,469
1966 - $1,809,185,094
1965 - $1,890,767,156
1964 - $1,975,701,816
1963 - $1,539,681,491
1962 - $1,710,004,407
1961 - $1,547,388,781
1960 - $1,242,289,239

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Bahrain vs Uruguay by year

Bahrain
GDP per capita

GDP per capita, PPP
Uruguay
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahrain Uruguay
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $30,597 - $25,216 -
2024 $29,717 $66,941 $24,308 $36,418
2023 $29,290 $64,171 $23,379 $34,471
2022 $30,471 $61,678 $21,009 $33,001
2021 $27,148 $54,955 $17,882 $29,432
2020 $24,343 $53,436 $15,758 $25,725
2019 $27,260 $56,600 $18,316 $25,783
2018 $26,324 $51,993 $19,250 $24,386
2017 $24,785 $50,185 $19,185 $23,607
2016 $23,800 $47,429 $17,010 $22,841
2015 $23,734 $48,034 $17,126 $22,169
2014 $26,452 $54,299 $18,322 $21,868
2013 $26,990 $56,310 $18,335 $20,661
2012 $26,439 $56,713 $16,260 $19,495
2011 $25,033 $52,677 $15,132 $19,135
2010 $21,819 $49,255 $12,641 $17,873
2009 $19,465 $48,626 $9,881 $16,422
2008 $23,299 $50,330 $9,424 $15,694
2007 $20,908 $49,347 $7,222 $14,397
2006 $19,267 $48,009 $6,001 $13,179
2005 $17,966 $47,268 $5,284 $12,296
2004 $15,964 $46,317 $4,169 $11,103
2003 $14,486 $45,427 $3,671 $10,303
2002 $13,501 $45,091 $4,150 $10,030
2001 $13,573 $46,162 $6,383 $10,719
2000 $14,214 $45,688 $6,988 $10,929
1999 $12,123 $43,561 $7,371 $10,938
1998 $11,625 $42,281 $7,837 $11,002
1997 $12,255 $40,965 $7,436 $10,461
1996 $12,092 $40,106 $6,398 $9,524
1995 $11,901 $38,839 $6,050 $8,906
1994 $11,629 $37,579 $5,508 $8,897
1993 $11,152 $37,870 $4,753 $8,162
1992 $10,460 $33,648 $4,102 $7,808
1991 $10,434 $31,657 $3,589 $7,112
1990 $9,343 $26,902 $2,995 $6,683
1989 $8,833 - $2,734 -
1988 $8,772 - $2,677 -
1987 $8,333 - $2,416 -
1986 $7,777 - $1,939 -
1985 $9,649 - $1,568 -
1984 $10,697 - $1,615 -
1983 $10,599 - $1,707 -
1982 $10,712 - $3,085 -
1981 $10,557 - $3,728 -
1980 $9,733 - $3,443 -
1979 $7,891 - $2,443 -
1978 $6,926 - $1,678 -
1977 $6,358 - $1,414 -
1976 $5,310 - $1,268 -
1975 $3,880 - $1,232 -
1974 $3,874 - $1,433 -
1973 $2,981 - $1,397 -
1972 $2,206 - $776 -
1971 $1,830 - $1,000 -
1970 $1,742 - $766 -
1969 - - $723 -
1968 - - $579 -
1967 - - $585 -
1966 - - $668 -
1965 - - $705 -
1964 - - $745 -
1963 - - $587 -
1962 - - $659 -
1961 - - $604 -
1960 - - $491 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Bahrain's GDP per capita is $30,597, ranking 44/197, compared to $25,216 in Uruguay, ranking 54/197. Adjusted for purchasing power (GDP per capita PPP), Bahrain ranks 26th at $66,941, while Uruguay ranks 61st at $36,418.

Economic indicators

Bahrain Uruguay
Gross domestic product
$49B
2025
$85.3B
2025
GDP rank
98/197
2025
84/197
2025
GDP growth
3.48%
2024-2025
1.78%
2024-2025
GDP per capita
$30,597
2025
$25,216
2025
GDP per capita rank
44/197
2025
54/197
2025
GDP per capita, PPP
$66,941
2024
$36,418
2024
GDP per capita PPP rank
26/197
2024
61/197
2024
Government debt
$72.3B
2025
$56B
2025
Debt-to-GDP ratio
147.6%
2025
65.7%
2025
Government debt per person
$45,165
2025
$16,559
2025
Government debt per person rank
13/185
2025
41/185
2025
Average annual personal income after taxes
$23,191
2026
$14,046
2026
Market capitalization of domestic companies
$21.3B
2025
$284M
1996
Income share by richest 10% n/a
30%
2024
Income share by poorest 10% n/a
2.2%
2024
Government expenditure, % of GDP
29.4%
2025
31.5%
2025
Consumer prices inflation
-0.14%
2024-2025
4.65%
2024-2025
Central bank interest rate
4.25%
2025
5.75%
2026
Unemployment rate
0.89%
2015
8.21%
2024
Population
1649267
3382672

Spending and national debt comparison by year

Bahrain
Spending

Debt
Uruguay
Spending

Debt
1x
Year % of GDP
Bahrain Uruguay
Government spending Government debt Government spending Government debt
2025 29.4% 147.6% 31.5% 65.7%
2024 28.9% 133.7% 30.6% 67.6%
2023 29% 123% 30.1% 63%
2022 28.4% 111.6% 29.7% 59.4%
2021 30.6% 122.3% 30.2% 64.1%
2020 34.6% 125.7% 32.8% 68.2%
2019 31.2% 97.1% 30.6% 59.6%
2018 32.1% 90.4% 30.3% 57.9%
2017 30.7% 84% 29.7% 55.8%
2016 33.3% 77.4% 29.7% 56.4%
2015 34.8% 63.2% 28.4% 57.8%
2014 27.3% 42.6% 29.1% 51.1%
2013 32% 42.3% 28.8% 50%
2012 31.1% 34.8% 27.7% 49.8%
2011 30.2% 31.6% 26.3% 41.3%
2010 31.1% 28.8% 27.4% 40.9%
2009 24.6% 20.5% 27.2% 46.2%
2008 22.7% 12.1% 26.3% 46.2%
2007 22.4% 15.7% 26.8% 52.8%
2006 23.1% 19.4% 26.8% 61.1%
2005 23.9% 23.2% 26.3% 66.2%
2004 25% 28.2% 26.6% 73.7%
2003 28.1% 31.1% 27.7% 91.9%
2002 30.6% 27.2% 27.6% 90.1%
2001 26.5% 25% 27.8% 39.4%
2000 22.2% 24.7% 26.6% 30.5%
1999 27.1% 24.7% 27.2% 24.1%
1998 25.7% 20% 27.3% 19.4%
1997 31% 14.8% 27.6% 18.8%
1996 22.7% 13.1% 26.5% 18.3%
1995 25.1% 13.6% 26.2% 18.5%
1994 26.1% 5.62% 29.5% 19.3%
1993 26.7% 5.95% 27.7% 20%
1992 29.4% 6.45% 23.6% 22.2%
1991 28.5% 6.71% 22.2% 20.4%
1990 32.4% 7.24% 21.1% 26.2%
1989 - - 37% -
1988 - - 26% 34.8%
1987 - - 24.4% 37.3%
1986 - - 25.1% 34.6%
1985 - - 24.6% 29%
1984 - - 25.6% 39.5%
1983 - - 26.5% 21.2%
1982 - - 29.5% 13.5%
1981 - - 25% 4.32%
1980 - - 21.8% 4.59%
1979 - - 20.2% 3.98%
1978 - - 22.9% 5.64%
1977 - - 23.5% 7.26%
1976 - - 24.2% 8.67%
1975 - - 23% 8.13%
1974 - - 23.8% 7.61%
1973 - - 22.6% 7%
1972 - - 24.6% 9.12%
1971 - - 20.1% 9.3%
1970 - - 15.1% 6.11%
1969 - - 14.6% -
1968 - - 14.1% -
1967 - - 14.7% -
1966 - - 14.1% -
1965 - - 15.6% -
1964 - - 14.3% -
1963 - - 14.6% -
1962 - - 16% -
1961 - - 13% -
1960 - - 9.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1998, retrieved 2026-07-08).

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

In 2025, Bahrain's government spending was $14.4B, accounting for 29.4% of its GDP, while Uruguay spent $26.9B, or 31.5% of GDP.

Debt-to-GDP ratio is 147.6% in Bahrain and 65.7% in Uruguay, ranking 6/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Bahrain

Uruguay
1x
Year Deficit/surplus, % of GDP
Bahrain Uruguay
2025 -13% -3.36%
2024 -11% -3.16%
2023 -9.66% -3.09%
2022 -6.03% -2.5%
2021 -10.6% -2.61%
2020 -17.3% -4.64%
2019 -8.57% -2.71%
2018 -11.3% -1.89%
2017 -13.4% -2.51%
2016 -16.6% -2.68%
2015 -17.5% -1.86%
2014 -3.32% -2.6%
2013 -8.55% -1.72%
2012 -5.77% -2.17%
2011 -4.9% -0.33%
2010 -9.29% -0.39%
2009 -5.36% -1.39%
2008 4.08% -1.31%
2007 1.52% -0.16%
2006 2.24% -0.64%
2005 2.8% -0.28%
2004 0.24% -0.87%
2003 -1.7% -2.19%
2002 -3.27% -3.19%
2001 0.7% -2.85%
2000 7.33% -2.76%
1999 -4.85% -2.76%
1998 -5.49% -0.76%
1997 -6.39% -0.97%
1996 0.24% -1.32%
1995 -3.99% -1.08%
1994 -5.18% -2.37%
1993 -2.77% -0.47%
1992 -5.41% 0.6%
1991 -3.47% 0.88%
1990 -6.79% 0.49%
1989 - -13.1%
1988 - -1.47%
1987 - -0.66%
1986 - -0.34%
1985 - -1.88%
1984 - -4.94%
1983 - -3.54%
1982 - -8.22%
1981 - -1.15%
1980 - 0.43%
1979 - 0.99%
1978 - -0.47%
1977 - -0.69%
1976 - -2.01%
1975 - -4.38%
1974 - -3.74%
1973 - -1.09%
1972 - -2.25%
1971 - -5.86%
1970 - -1.33%
1969 - -2.37%
1968 - -2.93%
1967 - -4.12%
1966 - -2.01%
1965 - -5.14%
1964 - -3.61%
1963 - -4.4%
1962 - -5.02%
1961 - -0.86%
1960 - 0.79%
1959 - 0.64%
1958 - -1.38%
1957 - -0.72%
1956 - 0.04%
1955 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-07-08).

GeoRank.org/economy/bahrain/uruguay | 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 Uruguay's deficit of $2.86B, or 3.36% of GDP.

Over the past 36 years, Bahrain recorded a fiscal deficit in 28 of those years, while Uruguay ran a deficit in 33 years. On average, Bahrain posted an annual deficit equal to 5.61% of GDP, compared to deficit of 1.71% of GDP for Uruguay.

Inflation comparison by year

Inflation
Bahrain

Uruguay
1x
Year Consumer prices inflation
Bahrain Uruguay
2025 -0.14% 4.65%
2024 0.92% 4.85%
2023 0.07% 5.87%
2022 3.63% 9.1%
2021 -0.61% 7.75%
2020 -2.32% 9.76%
2019 1.01% 7.88%
2018 2.09% 7.61%
2017 1.39% 6.22%
2016 2.79% 9.64%
2015 1.85% 8.67%
2014 2.65% 8.88%
2013 3.3% 8.58%
2012 2.76% 8.1%
2011 -0.4% 8.09%
2010 1.96% 6.7%
2009 2.8% 7.06%
2008 3.53% 7.88%
2007 3.26% 8.11%
2006 2.01% 6.4%
2005 2.59% 4.7%
2004 2.35% 9.16%
2003 1.59% 19.4%
2002 -0.5% 14%
2001 -1.21% 4.36%
2000 -0.7% 4.76%
1999 -1.29% 5.66%
1998 -0.37% 10.8%
1997 2.43% 19.8%

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

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

Over the past 29 years, Bahrain has recorded an average annual inflation rate of 1.29%, compared with 8.43% in Uruguay. In 2025, inflation was -0.14% in Bahrain and 4.65% in Uruguay.

Top exports between countries

Bahrain
Export category Export value
Machinery & equipment $339K
Metals $71K
Uruguay
Export category Export value
Animal & marine products $656K
Chemicals & pharma $176K
Processed food, beverages & tobacco $157K

Balance of trade

Bahrain Uruguay
Current account balance
$2.28B
2024
-$374M
2025
Current account balance ranking
43/190
2024
100/190
2025
Current account balance, % of GDP
+4.83%
2024
-0.44%
2025
Goods imports
$20.7B
2024
$13.6B
2025
Goods exports
$24.3B
2024
$16.1B
2025
Service imports
$12.4B
2024
$5.96B
2025
Service exports
$17B
2024
$7.39B
2025
Imports of goods and services, % of GDP
70%
2024
22.6%
2025
Exports of goods and services, % of GDP
87.5%
2024
27.1%
2025

Economic freedom indices

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

Bahrain Uruguay
Economic freedom 65.7 69.8
Economic freedom ranking 63/197 39/197
Property rights 60.9 87.4
Government integrity 45.9 79
Judicial effectiveness 30 80.9
Tax burden 99.9 73.3
Government spending 75 72
Fiscal health 0 76.6
Business freedom 75.9 83.8
Labor freedom 55.5 61.7
Monetary freedom 88.8 70.2
Trade freedom 86.8 73.2
Investment freedom 90 50
Financial freedom 80 30

Economic freedom comparison by year

Bahrain
Uruguay
1x
Year Economic freedom index
Bahrain Uruguay
2026 65.7 69.8
2025 65.6 70.2
2024 63.4 69.8
2023 62.5 70.2
2022 62 70
2021 69.9 69.3
2020 66.3 69.1
2019 66.4 68.6
2018 67.7 69.2
2017 68.5 69.7
2016 74.3 68.8
2015 73.4 68.6
2014 75.1 69.3
2013 75.5 69.7
2012 75.2 69.9
2011 77.7 70
2010 76.3 69.8
2009 74.8 69.1
2008 72.2 67.9
2007 71.2 68.4
2006 71.6 65.3
2005 71.2 66.9
2004 75.1 66.7
2003 76.3 69.8
2002 75.6 68.7
2001 75.9 70.7
2000 75.7 69.3
1999 75.2 68.5
1998 75.6 68.6
1997 76.1 67.5
1996 76.4 63.7
1995 76.2 62.5

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

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

The Economic Freedom Index for Bahrain is 65.7, ranking 63/197, compared to 69.8 for Uruguay, ranking 39/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahrain Uruguay
Services, % of GDP
54.3%
2025
65.2%
2025
Industry, % of GDP
41.2%
2025
16.9%
2025
Agriculture, forestry, and fishing, % of GDP
0.24%
2025
6.38%
2025
GNI, Atlas method
$46.1B
2025
$81.3B
2025
GNI per capita, PPP
$65,500
2025
$36,330
2025
Total reserves including gold
$5.27B
2025
$19B
2025
Total reserves ranking
101/177
2025
67/177
2025
Net foreign direct investment
-$2.43B
2024
-$457M
2025
Net inflows of foreign direct investment
$2.7B
2024
-$3.94B
2024
Net outflows of foreign direct investment
$275M
2024
-$1.37B
2024
Poverty at national poverty lines n/a
17.3%
2024
Gross capital formation, % of GDP
28.4%
2024
16.2%
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/uruguay | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2023–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. 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.