Market Facts

Paving its way into the 21st century, Bahrain has the most diversified economy in the GCC region, having seen strong growth in the financial services, technology innovation, manufacturing, and logistics sectors. Striving towards becoming a digital economy in the region's FinTech center, Bahrain continues to expand its commercial prowess in the region.

Bahrain's GDP at current market prices stands at USD 38.87 billion, with a notable growth rate of 4.9% in real GDP.

6th in MENA for Global Connectedness

$2.08 Trillion - Easy access to $2.08 Trillion Market and 58 million Consumer Market

24 Countries - Have a free trade agreement with Bahrain

34 Countries - Have Investment Protection and Promotion Agreements

41 Countries - Have double Taxation Avoidance Agreements

Bahrain's Economic Vision 2030 aims for a productive, robust economy that is sustainable, globally competitive and fair. Driven by a pioneering private sector, the nation's ultimate goal is to double the income of every Bahraini household by 2030.

A STRATEGIC LOCATION

A HIGHLY SKILLED HUMAN CAPITAL

1st - in human capital development in the MENA Region

1st - in the Gulf Cooperation Council's for computer programming talents

60% - of the ICT workforce is between 18-24 years of age

2nd - Arab country in the World Bank Human Capital Index

90% - Workforce is fluent in English

Truly business-friendly, Bahrain is a forward-thinking nation that aims to provide favorable and progressive business environment. Its laws and regulations are designed to empower business, not restrict it. Bahrain offers 100 percent foreign ownership in most of the non-oil-based sectors; for logistics and regional distribution entities; and also allows 100 percent repatriation of Capital, profits and dividends.

100% - Foreign Ownership of Business

100% - Repatriation of Capital, Profits and Dividends

1st - In MENA for financial, investments and trade freedom

Powerhouse - A GCC Powerhouse in financial services, ICT, manufacturing, logistics & tourism sectors.

Additionally, Bahrain's recently announces Economic Recovery Plan is creating an abundance of exciting business and investment opportunities through the launch of various initiatives designed to enhance the economy's long-term competitiveness, including the investment platform, government land portal, development of a US Trade Zone and Golden Residency Visa.