Bahrain vs Venezuela: Economic Indicators Comparison

Venezuela with a GDP of $482.4B ranked the 27th largest economy in the world, while Bahrain ranked 99th with $37.7B. By GDP 5-years average growth and GDP per capita, Venezuela and Bahrain ranked 181st vs 77th and 58th vs 39th, respectively.

Gross Domestic Product & Income

StatBahrainVenezuela
GDP$37.7B$482.4B
GDP growth, 1 year1.8%-18%
GDP growth, 5-years average3.3%-12.2%
Population1.5M28.5M
GDP per capita$24k$16k
GDP per capita growth-3.11%-18.17%
Purchasing Power Parity conversion factor0.195.57
Price level ratio of PPP conversion factor GDP to market exchange rate0.510.89
GDP per capita, PPP adjusted$50k$8.8k
GNI, Atlas method$34.4B$392.9B
GNI per capita$22k$13k
GNI, PPP adjusted$70.2B$352.8B
GNI per capita, PPP adjusted$45k$12k

Financial system and Human development

StatBahrainVenezuela
Income Tax Rate0%34%
Corporate Tax Rate0%34%
Inflation, consumer prices2.1%929789.5%
Inflation, GDP deflator4.7%748.1%
Unemployment1%8.4%
Economic Freedom Index66.325.2
Personal Freedom Index6.886.33
Human Freedom Index7.155.27
Property Rights Index70.610.1
Judical Effectiveness Index48.412.6
Business Freedom Index70.530.8
Fiscal Health Index2.60
Labor Freedom Index71.127.7
Investment Freedom Index750
Financial Freedom Index8010
Trade Freedom Index79.458
Monetary Freedom Index81.10
Government Spending Index66.166.3
Tax Burden Index99.472.8
Government Integrity Index5114.6
Corruption Perceptions Index3618
Life expectancy at birth, years7772.2
Suicide mortality rate, per 100,000 people5.93.7
Mortality caused by road traffic injury, per 100,000 people833.7
Intentional homicides, per 100,000 people0.556.3
International tourism, number of arrivals12M427k

Government debt & reserves

StatBahrainVenezuela
Central government debt, % of GDP93.4%175.6%
External debt stocks, % of GNIN/A33.9%
External debt stocksN/A$154.9B
Short-term debt, % of total reservesN/A421.1%
Total debt service, % of exports and primary incomeN/A69%
Adjusted net savings including particulate emission damage, % of GNI20.4%7.2%
Gross savings, % of GDP24.6%8.9%
Gross capital formation, % of GDP31.9%-3.7%
Total reserves including gold$2.3B$9.8B
Foreign direct investment net inflows$111.2M$956M

Exports, imports and economic structure

StatBahrainVenezuela
Exports of goods and services, % of GDP79.9%30.7%
Imports of goods and services, % of GDP71.7%36.4%
Current account balance (balance of payments)-$2.4B-$3.9B
Revenue excluding grants, % of GDP26.6%N/A
Grants excluding technical cooperation, BoP$8.7M$125.8M
Personal remittances receivedN/A$297.1M
Industry including construction value added, % of GDP43.4%37.2%
Agriculture, forestry and fishing value added, % of GDP0.3%5%
Charges for the use of intellectual property, payments BoPN/A$258M
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDP20.2%N/A
Government Expenditure, % of GDP33.6%33.5%

Compare with countries close by GDP per capita

Bahrain vs

CountryGDP
per capita
Population
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k

Venezuela vs

CountryGDP
per capita
Population
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M