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Market Brief · BHR

Kingdom of Bahrain

The Gulf's financial services centre, with the largest aluminium smelter outside Eastern Europe.

GDP (2015)

$31.1 billion

Real growth (2015)

2.9%

GDP per capita

$46,600

Exports

$12.1 billion

Imports

$12.9 billion

FDI (2016)

$280 million

Economic Overview

What we brief clients on

Bahrain's economy rests on oil, refining, aluminium production and financial services. Revenues from oil and natural gas account for 5% of GDP (2015) yet provide about 60% of government income.

The aluminium sector operates the world's largest smelter outside Eastern Europe, with annual output near 400,000 metric tons. Financial services are the second-largest contributor to GDP, supported by over 100 offshore banking units.

Diversification priorities extend to tourism, information technology, healthcare and education.

If you have questions about operating practices or legal matters in Kingdom of Bahrain, contact us and we are ready to help you.

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