Cia world fact book all values, unless otherwise stated, are in us dollars. Growth will pick up in 202124, owing to stronger global demand. The economy of the gulf states columbia university press. Whilst the country had closest economic relations with indians or south asians for the longest time, much more than the arabs. Bailedout bahrain has little room for maneuver in economy. Popular bahrain books meet your next favorite book.
It is considered a part of the middle east and is an archipelago made up of 33 islands. Its name is from the arabic term albahrayn, meaning two seas. Bahrain s high degree of integration with the rest of the region serves as an important source visitor flows, including leisure and business tourists. The amir is head of state and also supreme commander of the bahrain defense force bdf. Government, economy, politics, population, tourism by bonna walter 2016, paperback at the best online prices at ebay.
All suggestions for corrections of any errors about bahrain economy 2015 should be addressed to the cia. The book highlights the key structures that have shaped gulf economic. Bahrain free trade agreement 2006 boat capsized off the bahrain coast, claimed 58 passengers lives 2008 houda nonoo appointed as bahrain s ambassador to the u. Oil and natural gas play a dominant role in bahrains economy. Revenues from oil and natural gas currently account for 16.
For example, bahrain s exports rank is higher than please wait. But they are not the only countries that border the gulf. The island nation comprises a small archipelago made up of 33 natural islands and an additional 51 artificial islands, centered around bahrain. The 2030 economic vision, launched by his majesty king hamad bin isa al khalifa in october 2008 embodies a comprehensive vision for the kingdom of bahrain that aims at creating a clear approach to develop the kingdoms economy while focusing on the main objective, which aspires to improve the living standards of all bahraini citizens the vision was launched after four.
Buy history of persian gulf states, kuwait, bahrain, oman, qatar, united arab emirat. For example, bahrains exports rank is higher than please wait. Xxiv, 1856, concerning arabia, bahrain, kuwait, muscat. The city is completely located in the southern governorate after the abolition of the central governorate the city is growing fast. The peoples guide to bahrain this is a wikipedia book, a collection of wikipedia articles that can be easily saved, imported by an external electronic rendering service, and ordered as a printed book. Bahrain country history and economic development, information. Despite efforts to diversify the economy, according to the cia world fact book. Given the islands longstanding role as a trading hub at the heart of the gulf. For a treatment of earlier periods and of the country in its regional context, see arabia, history of. There was a large black market for these banned phones, with smugglers hiding them inside car bumpers or car door frames, while customs officials and police used ultrasound devices to ferret them out. The first gulf state to discover oil, bahrain has worked to diversify its economy over the past decade. It is located in the persian gulf near the arabian peninsula, 120 miles southwest of iran, 14 miles to the east of saudi arabia, and 17 miles to the west of the qatar peninsula.
Bailedout bahrain has little room for maneuver in economy reboot. Iran, iraq, and saudi arabia share the coastline as well, and they too shared in the historical development of. Bahrain was the central location of the ancient dilmun civilization. Conversely, for unemployment and inflation, a lower rank closer to 0% indicates a stronger economy. Examining saudi arabia, bahrain, kuwait, oman, qatar, and the united arab emirates. Bahrains national museum and many forts show its thousands of years of history, while the 33 scattered islands of its archipelago are home to rare wildlife. Economic indicators for bahrain including actual values, historical data, and latest data updates for the bahrain economy. Government, economy, politics, population, tourism. Bahrain is a small country located in the persian gulf. Qatari citizens, however, constitute only a small portionroughly oneninthof the total population today.
Oil and natural gas play a dominant role in bahrain s economy. Percentile ranks are calculated using the latest available data for all countries within the last 5 years. Allow citizens and residents to enquire about any issued verdicts that prevent them from traveling. Kuwait, bahrain, qatar, and the trucial states, 195071 routledge studies in the modern history of the middle east book. The government system is a constitutional monarchy. At the end of the high middle ages in europe, with buying power and economic. Bahrain actively supports the allied forces against iraq in the gulf military conflict, and is the target of an iraqi missile attack. Civil unrest breaks out following the decline of the economy and expectations of more political rights for. The economy remains under strain as it enters the second quarter, as measures introduced in q1 to contain the spread of coronavirus, including international travel restrictions and the banning of gatherings of over five people, continue to suppress activity. Those who are fortunate enough to acquire the book would be well advised to read the. It is an archipelago consisting of bahrain island and some 30 smaller islands. The islands were ruled by the persians in the 4th century a. News reports and articles latest news about bahrain a compilation from multiple sources brian whitakers blog posts and other articles about bahrain online news sources for bahrain basic information cia world factbook the geography, people, government and economy of bahrain bbc country profile essential facts, plus politics, media and key dates in bahrain s history local.
Flights to bahrain bah book now with british airways. Walls of the historic qalat al bahrain fortress of bahrain, which is the largest and most ancient historical site in the country. Bahrain inflation rate 20082020 data 20212022 forecast. Civil unrest breaks out following the decline of the economy and expectations of more political rights for the mainly shiite population after the gulf war. Bahrain, small arab state situated in a bay on the southwestern coast of the persian gulf. The five countries covered in this book, kuwait, bahrain, qatar, the united arab emirates, and omanare all arab states on the persian gulf that share certain characteristics. Before the development of the oil industry, date palm cultivation dominated bahrain s agriculture, producing sufficient dates for both domestic consumption and export. The report includes countryspecific threeyear forecasts for major macroeconomic indicators, including commodity and financial markets. Bahrain history, middle eastern history, books barnes. Bahrain s history since the 16 th c entury has be en.
Bahrain has a strategic location in the persian gulf, through which much of the western worlds petroleum must transit to reach open ocean. Examining saudi arabia, bahrain, kuwait, oman, qatar, and the united arab emirates, this title in the world economies series provides a synthesis of the modern economic history and political economy of countries that collectively are a hugely important component within the global economy. Government, economy, politics, population, tourism walter, bonna on. In the last few years lower world energy prices have generated sizable budget deficits about 10% of gdp in 2017 alone. Introduction history geography government maps leaders population flags religion economy climate energy weather data military communicatns intl. Bahrain global economic prospects examines trends for the world economy and how they affect developing countries. Bahrains government is also wary of the populations long history of. Alster, robert, dilmun, bahrain and the alleged paradise in sumerian myth and literature in potts, d. A continuous search for economic development and for preservation of cultural heritage. Located in one of the worlds chief oilproducing regions, bahrain itself. Whilst the country had closest economic relations with indians or south asians for the longest. It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement. Arabia has been part of bahrain s economic toolkit since a bridge. Flights to bahrain are also used by many travellers as a way of reaching eastern saudi arabia, including the nearby cities of dammam and khobar.
According to the cia world factbook, bahrain ranks 63rd in oil production globally est. Located in one of the worlds chief oilproducing regions, bahrain itself has only small stores of petroleum. As the weekend kicks off in bahrain, saudi arabian and kuwaiti cars jam the. In the last few years lower world energy prices have generated sizable budget deficits. Bahrain has by far the smallest economy of any member of the gulf cooperation council gcc, largely as a result of the small size of both its population and its proven oil reserves estimated at 46,430 barrels per day. Evaluating the role of tourism in the bahraini economy. As part of world maths day in 2010, 1,117 staff and students took part in the toss which made it into the guinness book of records. Find the top 100 most popular items in amazon books best sellers.
Bahrain gdp annual growth rate 20002019 data 20202022. The purpose of this graph is to take a snapshot of a countrys economy in comparison to other economies. News reports and articles latest news about bahrain a compilation from multiple sources brian whitakers blog posts and other articles about bahrain online news sources for bahrain basic information cia world factbook the geography, people, government and economy of bahrain bbc country profile essential facts, plus politics, media and key dates in bahrain s history local time. The economy of bahrain is heavily dependent upon oil and gas. I had to smuggle an early nokia camera cell phone into the country from bahrain in 2004. This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. The 2030 economic vision, launched by his majesty king hamad bin isa al khalifa in october 2008 embodies a comprehensive vision for the kingdom of bahrain that aims at creating a clear approach to develop the kingdoms economy while focusing on the main objective, which aspires to improve the living standards of all bahraini citizens.
Histories of city and state in the persian gulf by nelida. This discussion focuses on bahrain since the 19th century. Openness has been a defining characteristic of bahrain as a country and economy for centuries. Bahrain s strategic location in the persian gulf has brought rule and influence from mostly the persians, sumerians, assyrians, babylonians, portuguese, the arabs, and the british. Bahrain has stabilized its oil production at about 40,000 barrels per day bd, and reserves are expected to last 1015 years. No claims are made regarding the accuracy of bahrain economy 2015 information contained here. Allow users to perform their transactions in an efficient and convenient way.
The largest island of bahrain is bahrain island and as such, it is where most of the countrys population and economy are based. The countrys chief city, port, and capital, manama al. In addition, the report predicts the global economic outlook for the country, issued by the international monetary fund in the month of october 2014, that the gdp of bahrain achieves positive growth after subtracting the inflation factor of 2. Despite the governments past efforts to diversify the economy, oil still comprises 85% of bahraini budget revenues. Government, economy, politics, population, tourism kindle edition by bonna walter author format. Kuwait, bahrain, qatar, and the trucial states, 195071 routledge studies in the modern history of the middle east book 1 simon c. New studies in the archaeology and early history of bahrain berlin. The countrys economy continued its upward trajectory in 2018 with a real gdp growth rate estimated at %1.
The economy of the middle east is very diverse, with national economies ranging from. The economy will contract sharply in 2020 and bahrain will struggle financially owing to the impact of covid19 on global demand and slumping oil prices. Selections from the records of the bombay government, new series, no. Bahrain is an archipelago made up of bahrain island and thirty smaller islands. Factbook photos obtained from a variety of sources are in the. Economic growth beginning in the 1970s created an economy dependent on foreign workersmostly from pakistan, india, and iranwho now far. Mar 27, 20 5 the british school of bahrain holds the world record for the largest simultaneous coin toss. Known in ancient times as dilmun, bahrain was an important center of trade by the 3rd millennium b. It was an important center of the dilmun civilization 2nd and 1st millennia b. Bahrain s history since the 16 th c entury has be en characterised by colonial intervention from a number of rival re gional and e uropean powers, from the. Instead, its economy has long relied on processing crude oil from neighbouring countries, and more recently the financial, commercial services, and communications sectors have grown markedly, as has tourism. Nov 12, 2019 bahrain is a small country located in the persian gulf.
See all 2 formats and editions hide other formats and editions. This page has economic forecasts for bahrain including a longterm outlook for the next decades, plus mediumterm expectations for the next four quarters and shortterm market predictions for the next release affecting the bahrain economy. Qatar was originally settled by bedouin nomads from the central part of the arabian peninsula. With over 4000 years of pearling history behind the kingdom, the pearl fisheries of tylos the ancient name for bahrain have been well documented throughout history including by the renowned roman author, naturalist and philosopher, pliny. There was a large black market for these banned phones, with smugglers hiding them inside car bumpers or car door frames, while customs officials and police used ultrasound devices to.
This was the first contraction since the first quarter of 2018, amid declines in government services 20. Despite the scant rainfall and poor soil, agriculture historically was an important sector of the economy. Bahrain economy gdp, inflation, cpi and interest rate. The geography of bahrain is mostly low desert plains. Government, politics, economy, defense, resources, people by jerry, sampson isbn.