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 |
| 22 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 a 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, Investment and Trade Freedom |
| Powerhouse | A GCC Powerhouse in the Financial services, ICT, Manufacturing, Logistics and Tourism Sectors. |
Additionally, Bahrain's recently announced Economic Recovery Plan is creating an abundance of exciting business and investment opportunities through the launch of various initiative 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.
BIA's Statistics
| YEAR | PAX (In Millions) | (ATMs) | Cargo (In Tonnes) |
| 2019 | 9.68 | 96,885 | 291,038 |
| 2020 | 2.29 | 40,031 | 300,205 |
| 2021 | 3.03 | 50,622 | 323,721 |
| 2022 | 6.89 | 82,414 | 378,601 |
| 2023 (Up to September) | 6.45 | 68,310 | 263,062 |
