BahrainChapitres
In 1783, the Sunni Al-Khalifa family took power in Bahrain. In order to secure these holdings, it entered into a series of treaties with the UK during the 19th century that made Bahrain a British protectorate. The archipelago attained its independence in 1971. A steady decline in oil production and reserves since 1970 prompted Bahrain to take steps to diversify its economy, in the process developing petroleum processing and refining, aluminum production, and hospitality and retail sectors. It has also endeavored to become a leading regional banking center, especially with respect to Islamic finance. Bahrain's small size, central location among Gulf countries, economic dependence on Saudi Arabia, and proximity to Iran require it to play a delicate balancing act in foreign affairs among its larger neighbors.
Its foreign policy activities usually fall in line with Saudi Arabia and the UAE.The Sunni royal family has long struggled to manage relations with its large Shia-majority population. In early 2011, amid Arab uprisings elsewhere in the region, the Bahraini Government confronted similar pro-democracy and reform protests at home with police and military action, including deploying Gulf Cooperation Council security forces to Bahrain. Political talks throughout 2014 between the government and opposition and loyalist political groups failed to reach an agreement, prompting opposition political societies to boycott legislative and municipal council elections in late 2014. Ongoing dissatisfaction with the political status quo continues to factor into sporadic clashes between demonstrators and security forces.
Source: The CIA World Factbook - Bahrain
Indicateurs clés
- Surface
- 760 km2
- Population
- 1,526,929 (July 2021 est.)
- Type de gouvernement
- constitutional monarchy
- Langues
- Arabic (official), English, Farsi, Urdu
- PIB
- $38.475 billion (2019 est.)
- Taux de croissance
- -5.8% (2020 est.)
- HDI
- 42
- Capitale
- Manama
Indicateurs macroéconomiques
IMF Statistics:
| Subject descriptor | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
|
Gross domestic product, constant prices Percent change |
1.778 |
1.982 |
2.096 |
2.352 |
2.445 |
|
Gross domestic product, current prices Percent change (Billions) |
37.746 |
38.184 |
39.309 |
40.764 |
42.399 |
|
Gross domestic product per capita, current prices Percent change (Units) |
25,482.741 |
25,273.148 |
25,507.487 |
25,932.820 |
26,444.246 |
|
Inflation, average consumer prices Percent change |
2.100 |
1.400 |
2.800 |
2.500 |
2.300 |
|
Volume of imports of goods and services Percent change |
14.585 |
-0.534 |
4.884 |
6.108 |
5.840 |
|
Volume of exports of goods and services Percent change |
4.960 |
0.380 |
3.887 |
2.377 |
3.072 |
|
Unemployment rate Percent change |
3.919 |
3.950 |
3.915 |
3.880 |
3.868 |
|
Current account balance Percent change (Billions) |
-2.220 |
-1.656 |
-1.721 |
-1.758 |
-1.658 |
|
Current account balance Percent change |
-5.881 |
-4.337 |
-4.377 |
-4.313 |
-3.910 |
Estimates
Source: IMF Statistics - Bahrain
Le Luxembourg et le pays
Existing conventions and agreements
Non double taxation agreement
In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.
- Convention from 06.05.2009 (Memorial 2010, A, no. 51, p. 830)
- Effective as of 01.01.2011 (Memorial 2010, A, no.51, p.830)
Air Services agreement
- Agreement from 14.1.1994 (Memorial 1995, A, p.1592)
- Effective as of 09.11.1995 (Memorial 1996, A, p.1257)
Informations supplémentaires
Foreign Trade
The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.
You can see the statistics on the website of the Statec.
Contact Points in Bahrain
Luxembourg Trade and Investment Office in Abu Dhabi
Mr Loic Bertoli
Appt. 6201, 62nd Floor
Nation Tower Residences, Corniche Road
P.O. Box 44909
Abu Dhabi
Tel.: (+971) 24 91 24 46
E-mail: ltio.abudhabi@mae.etat.lu
Source: Luxembourg Trade&Investment Office (LTIO)
Country risk as defined by Office du Ducroire for Bahrain
Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.
Link: Ducroire Office - Country Risk for Bahrain