Bahrain Current Account to GDP Ratio
Bahrain's current account to GDP ratio fell to 5.3% in 2024 from 5.9% in 2023. This decline resulted from a smaller trade surplus as exports dropped by 6.3% year-on-year in December 2023 while imports increased by 6.3%. The primary income balance also contributed, showing a larger deficit of BHD 1,247.4 million in 2024 compared to BHD 980.4 million in 2023. Bahrain's record low current account to GDP was -9.1% in 2020 and record high was 14.6% in 2022.
Yearly Historical Data (2015-2024)
(in %)Bahrain Current Account to GDP Ratio : Definition
Bahrain's current account to GDP measures the balance of its international transactions relative to the nation's total economic output. It is calculated by dividing the current account balance (the sum of net trade in goods and services, net primary income and net secondary income) by Bahrain's Gross Domestic Product. This ratio shows the country's external financial position, often influenced by oil and gas sector performance.