According to the 2011 Index of Economic Freedom published by the Heritage Foundation and the Wall Street Journal, Bahrain has the freest economy in the Middle East and North Africa region [1] and is tenth overall in the world. An alternative index, published by the Fraser Institute, puts Bahrain in 44th place tied with 7 other countries.

This is a chart of trend of gross domestic product of Bahrain at market prices estimated by the International Monetary Fund with figures in millions of Bahraini Dinars.

For purchasing power parity comparisons, the US Dollar is exchanged at 0.30 Bahraini Dinars only. Mean wages were $19.81 per manhour in 2009.

Bahrain's current account balance is characterized by surpluses in merchandise trade and international services, and a large deficit in unilateral transfers, which is accounted for by the country's large expatriate workforce sending home a portion of its earnings. In 2003 and 2004, the balance of payments performance improved due to rising oil prices and increased receipts from the services sector. As a result, the current account balance registered a surplus of US$219 million in 2003 and a surplus of US$442 million in 2004, compared with a deficit of US$35 million in 2002. Bahrain's gross international reserves increased substantially in 2004 to US$1.6 billion, compared with US$1.4 billion in the previous three years (2001–2003).

Bahrain ( pronunciation) (Arabic: ‏البحرين‎, al-Baḥrayn) (Persian: ‏بحرين‎, Baḥrain), officially the Kingdom of Bahrain (Arabic: مملكة البحرين‎,  Mamlakat al-Baḥrayn), is a small island state near the western shores of the Persian Gulf. It is ruled by the Al Khalifa royal family. The population in 2010 stood at 1,234,571, including 666,172 non-nationals. Formerly an emirate, Bahrain was declared a kingdom in 2002.

Bahrain is an archipelago of 33 islands, the largest being Bahrain Island, at 55 km (34 mi) long by 18 km (11 mi) wide. Saudi Arabia lies to the west and is connected to Bahrain by the King Fahd Causeway. The peninsula of Qatar is to the southeast across the Gulf of Bahrain. The planned Qatar Bahrain Causeway will link Bahrain and Qatar and become the world's longest marine causeway.

Known for its oil and pearls, Bahrain is also home to many large structures, including the Bahrain World Trade Center and the Bahrain Financial Harbour, with a proposal in place to build the 1,022 m (3,353 ft) high Murjan Tower. The Qal'at al-Bahrain (the harbour and capital of the ancient land of Dilmun) was declared a UNESCO World Heritage Site in 2005. The Bahrain Formula One Grand Prix takes place at the Bahrain International Circuit.