Bahrain's terms of trade adjustment (constant LCU) was 538.68 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 233.58% from 161.48 million in 2014 (12.8% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 538.68 million | 2024 |
| Five years earlier | -688.03 million | 2019 |
| Ten years earlier | 161.48 million | 2014 |
| Highest | 538.68 million | 2024 |
| Lowest | -1.58 billion | 2004 |
| Average since 2015 | -491.95 million | 2015–2024 |
| First recorded | -939.41 million |
What the numbers say
In 2024, Bahrain's terms of trade adjustment (constant LCU) rose 9.07 million on 2023 (from 529.61 million to 538.68 million).
Across the 23 yearly changes before that (2001 to 2023), the average change was +63.87 million and a typical year strayed about 458.81 million from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 989.84 million in 2022 and the biggest yearly fall was 902.97 million in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 142 million a year. A straight line explains 48% 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 2024, Bahrain had the 8th highest value of the 29 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.
Closest to Bahrain in the 2024 ranking
What this measures
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 25 values
| Year | Terms of trade adjustment (constant LCU) |
|---|---|
| 2024 | 538,682,049 |
| 2023 | 529,613,725 |
| 2022 | -32,003,347 |
| 2021 | -1,021,847,750 |
| 2020 | -1,226,470,801 |
| 2019 | -688,030,430 |
| 2018 | -647,735,923 |
| 2017 | -695,134,249 |
| 2016 | -935,113,720 |
| 2015 | -741,484,824 |
| 2014 |
Terms of trade adjustment (constant LCU) in nearby economies
- Algeria — 668.42 billion (2025)
- Djibouti — 60.9 billion (2025)
- Egypt, Arab Rep. — -242.03 billion (2025)
- Iran, Islamic Rep. — -9,327.9 trillion (2025)
- Iraq — -25.43 trillion (2024)
- Israel — 6.56 billion (2025)
- Kuwait — -4.52 billion (2024)
- Lebanon — -703.04 billion (2024)
- Libya — -30.15 billion (2025)
- Malta — -25.07 million (2025)
More economic policy & debt data for Bahrain
- Total reserves, including gold (current US$) — US$5.27 billion (2025)
- Total reserves, excluding gold (current US$) — US$4.61 billion (2025)
- GDP (current US$) — US$48.97 billion (2025)
- GDP (current LCU) — 18.41 billion (2025)
- GDP (constant 2015 US$) — US$42.56 billion (2025)
- GDP (constant LCU) — 15.71 billion (2025)
- GDP per capita (current US$) — US$30,597 (2025)
- GDP per capita (current LCU) — 11,504 (2025)
- GDP per capita (constant 2015 US$) — US$26,592 (2025)
- GDP per capita (constant LCU) — 9,816 (2025)
- GDP (annual % growth)
Reading data like this
Questions people ask
- What is Bahrain's terms of trade adjustment (constant LCU)?
- 538.68 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is up 157.34% from -939.41 million in 2000. The highest value was 538.68 million in 2024 and the lowest -1.58 billion in 2004.
- How does Bahrain rank?
- 8th highest of 29 economies with data for 2024.
- Is the latest change in terms of trade adjustment (constant LCU) unusual for Bahrain?
- In 2024, Bahrain's terms of trade adjustment (constant LCU) rose 9.07 million on 2023 (from 529.61 million to 538.68 million). Across the 23 yearly changes before that (2001 to 2023), the average change was +63.87 million and a typical year strayed about 458.81 million from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.TTF.GNFS.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) 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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