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Global ranking in all areas of Bahrain

70 MILLION DINARS

Both parliaments in this country have 40 members and all members of the parliament are elected by the Amir and all members of the House of Representatives are elected by direct popular vote

Bahrain in terms of trade balances is -320.30 million dinars and the current account balance in this country is -834.70 million dinars

Bahrain's location in the Persian Gulf makes it an important hub for trade between the Middle East, Asia, and Europe. It serves as a gateway between the Gulf Cooperation Council (GCC) countries and the rest of the world. Bahrain's proximity to Saudi Arabia, one of the largest economies in the Middle East, further enhances its economic importance. Bahrain has established itself as a leading financial center in the region. It is home to the Bahrain Financial Harbour, which houses numerous international and regional banks, investment firms, and insurance companies. The country has a well-regulated and business-friendly financial system, attracting foreign investment and fostering economic growth.

Like many countries, Bahrain faces economic challenges, including fiscal sustainability, unemployment, and the need for continued economic diversification. However, the government has implemented reforms to address these issues and has sought to attract foreign investment through various initiatives. The growth rate of GDP in Bahrain is about -2.49, the country's ranking in terms of gross fixed capital has grown by more than 33%. The situation of GDP in agriculture in Bahrain is about 8.93 million in the field of construction, 234.74 million, and from the mine 553.03 million. As it is known, in Bahrain, the housing situation and the structure are also seen in a safe situation, and the security of the structure in Bahrain has increased by about 30% than before.

Bahrain has more than 23 percent of GDP from public transportation, a 47 percent increase in welfare services, while the country ranks 89th in the world in terms of welfare services. And the government of this country values ​​citizenship. Bahrain in terms of trade balances is -320.30 million dinars and the current account balance in this country is -834.70 million dinars. Bahrain ranks more than 80% in terms of imports and exports, with 4.70 tonnes of Gold reserves. The turnover situation in Bahrain has grown by about 96% and Crude oil production in this country is estimated at 40.00 BB. Bahrain has generally had good approaches to credit assessments. Food inflation in Bahrain is about 1 percent and the consumer price index for transportation based on index points is 100.00 and the GDP adjustment coefficient based on index points is 107. Bahrain's situation in the stock market has also grown a lot.

The political structure in Bahrain is a constitutional monarchy, as the constitution was adopted in 2002. The legal system in this country seriously includes the Islamic sections. The legislature in Bahrain has two houses, the Shura and the House of Representatives. Both parliaments in this country have 40 members and all members of the parliament are elected by the Amir and all members of the House of Representatives are elected by direct popular vote. There are about 15 political parties in the country, including religious, liberal, leftist, and Ba'athist. The political situation in this country is similar to a dictatorship, but the people of Bahrain do not get involved in politics.

Although Bahrain's economy has become more diversified, the oil and gas sector still plays a significant role. Bahrain has limited oil reserves but has been exploring offshore fields to increase production. The country has also invested in natural gas extraction and has plans to develop its liquefied natural gas (LNG) industry. Bahrain has invested in developing its logistics and transportation infrastructure. It is home to the Bahrain International Airport, which serves as a major air cargo hub in the region. The country also boasts a well-connected road network and a modern seaport, attracting international shipping and logistics companies.

Bahrain has made efforts to diversify its economy beyond oil and gas, focusing on sectors such as financial services, tourism, logistics, and manufacturing. The government's Economic Vision 2030 aims to transform Bahrain into a sustainable and globally competitive economy. The country has invested in infrastructure development, education, and innovation to support economic diversification. Bahrain has a liberal trade regime and actively promotes international trade. It is a member of the World Trade Organization (WTO) and the Gulf Cooperation Council (GCC). Bahrain has also signed several free trade agreements, including the United States-Bahrain Free Trade Agreement, which has boosted bilateral trade between the two countries.

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