Bahrain's oil rents (% of GDP) was 10.94% in 2021, the latest year in the World Bank's World Development Indicators. That is down 12.46 percentage points from 23.4% in 2011.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 10.94% | 2021 |
| Five years earlier | 7.63% | 2016 |
| Ten years earlier | 23.4% | 2011 |
| Highest | 68.14% | 1980 |
| Lowest | 6.7% | 2020 |
| Average since 2012 | 12.51% | 2012–2021 |
| First recorded | 68.14% | 1980 |
What the numbers say
In 2021, Bahrain's oil rents (% of GDP) rose 4.24 percentage points on 2020 (from 6.7% to 10.94%).
Across the 30 yearly changes before that (1991 to 2020), the average change was −1.01 percentage points and a typical year strayed about 4.55 percentage points from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 8.04 percentage points in 1989 and the biggest yearly fall was 24.33 percentage points in 1982. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is downward, about 1.34 percentage points a year. A straight line explains 58% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Bahrain had the 18th highest value of the 188 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Bahrain | 10.94% | 2021 |
| World | 1.36% | 2021 |
| High income | 1.27% | 2021 |
Closest to Bahrain in the 2021 ranking
- Equatorial Guinea — 14th of 188: 14.94%
- Kazakhstan — 15th of 188: 14.84%
- Algeria — 16th of 188: 14.46%
- Brunei Darussalam — 18th of 188: 10.37%
- Russian Federation — 19th of 188: 9.67%
- Suriname — 20th of 188: 7.93%
What this measures
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 42 values
| Year | Oil rents (% of GDP) |
|---|---|
| 2021 | 10.94 |
| 2020 | 6.7 |
| 2019 | 9.85 |
| 2018 | 11.39 |
| 2017 | 8.94 |
| 2016 | 7.63 |
| 2015 | 9.82 |
| 2014 | 18.87 |
| 2013 | 20.87 |
| 2012 | 20.09 |
| 2011 | 23.4 |
Oil rents (% of GDP) in nearby economies
- Afghanistan — 0.02% (2021)
- Algeria — 14.46% (2021)
- Djibouti — 0% (2021)
- Egypt, Arab Rep. — 2.99% (2021)
- Iran, Islamic Rep. — 18.27% (2021)
- Iraq — 42.79% (2021)
- Israel — 0.01% (2021)
- Jordan — 0.01% (2021)
- Kuwait — 27.58% (2020)
- Lebanon — 0% (2021)
- Libya — 56.38% (2021)
- Malta — 0% (2021)
More environment data for Bahrain
- Population in largest city — 743,066 (2025)
- Population in the largest city (% of urban population) — 46.43% (2025)
- Rural population — 0 (2025)
- Rural population (% of total population) — 0% (2025)
- Urban population — 1.6 million (2025)
- Urban population (% of total population) — 100% (2025)
- Aquaculture production (metric tons) — 63 (2024)
- Capture fisheries production (metric tons) — 15,100 (2024)
- Total fisheries production (metric tons) — 15,163 (2024)
- Urban population growth (annual %) — 0.73% (2025)
Reading data like this
Questions people ask
- What is Bahrain's oil rents (% of GDP)?
- 10.94% in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is down 57.2 percentage points from 68.14% in 1980. The highest value was 68.14% in 1980 and the lowest 6.7% in 2020.
- How does Bahrain rank?
- 18th highest of 188 economies with data for 2021.
- Is the latest change in oil rents (% of GDP) unusual for Bahrain?
- In 2021, Bahrain's oil rents (% of GDP) rose 4.24 percentage points on 2020 (from 6.7% to 10.94%). Across the 30 yearly changes before that (1991 to 2020), the average change was −1.01 percentage points and a typical year strayed about 4.55 percentage points from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.GDP.PETR.RT.ZS, licensed CC BY 4.0. Original source: The Changing Wealth of Nations, World Bank (WB), uri: https://www.worldbank.org/en/publication/changing-wealth-of-nations/data, note: World Bank staff estimates based on sources and methods described in the World Bank's The Changing Wealth of Nations., publisher: World Bank (WB); Staff estimates, Wo… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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