How is traditional and modern economy of Bahrain?

MARKET OF BAHRAIN

Bahrain reaches 60 exports in the field of petroleum products and the government revenue of about 30% of gross domestic production

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Bahrain reaches 60 exports in the field of petroleum products and the government revenue of about 30% of gross domestic production

Bahrain's traditional economy is dependent on pearls. At present, the country has also achieved very good economic growth in the tourism industry. Bahrain has reached 60 exports in the field of petroleum products and the government revenue of about 30% of gross domestic production. Bahrain has seen a 64 percent increase in trade and services, with the construction sector accounting for about 17 percent. It also ranks high in industry and oil. Bahrain's agricultural situation has grown by about 6 percent. Chemicals in this country are imported from Japan. Fortunately, Bahrain's trade process is proceeding according to modern world standards, and no problem has been seen in this regard to date.

Bahrain's financial resources have grown by 12 percent, and the country's economic structure can grow at its best in recent years. Bahrain has seen a 34 percent increase in trade balances and a current account balance of more than 12 percent. Bahrain ranks more than 80% in terms of imports and exports, with 4.70 tonnes of Gold reserves.

The situation of capital turnover in Bahrain has grown by about 96% and the production of crude oil in Bahrain is estimated at 50.00 BB. The rituals for the month of Ramadan in Bahrain are strictly held; the culture of this country is such that there are many nightclubs and people try to ask God for forgiveness. In the Islamic culture of Bahrain in general, there are many Islamic approaches, this issue is also seen in the hijab of Bahrain. The people of this country wear long clothes and often try to cover their hair because this country is a little strict in the matter of hijab.

Bahrain's economy, financial resources, and income
We know that Bahrain is not a rich country and part of its energy is provided by Saudi Arabia, but how can its financial resources be considered in the world? Bahrain has become very famous in the field of Aluminum production in the world and has started its production and supply on a large scale. The country ranks first in the production of aluminum products in the Middle East, so the economic growth of Bahrain in the field of aluminum in the world is evident.

It ranks fifth in the world. The currency of Bahrain is the dinar. The price of the Bahraini dinar is mostly based on the banking and aviation sectors of the country. The exchange rate of the Bahraini dinar is very high in the field of industrial ports, industries, as well as the construction and repair of ships and ships. Economic approaches show that Bahrain has been very powerful in oil exploration, while its oil and gas resources are limited. The traditional economy in Bahrain is dependent on pearls, and now the country has been able to achieve very good economic growth in the tourism industry.

Bahrain accounts for 60 percent of Petroleum exports and the government generally accounts for about 30 percent of GDP. Bahrain has seen a 64% increase in trade and services. The country also ranks high in industry and oil. Bahrain's agricultural situation has grown by about 6 percent, and in 1903 the country reached a very high economic level in pearl fishing and trade. Bahrain has also made great strides in the field of pearl fishing compared to other countries. Bahrain's most important mines are in the field of oil and gas so that the country has been able to achieve a good ranking in the field of aluminum foil ‎ production.

Horse and camel breeding is very common in Bahrain, and it is clear that the country has also excelled in vegetables and fodder. The situation of GDP in Bahrain is about 15% and the inflation rate in Bahrain is 0.20%. Bahrain's exports of oil and petrochemicals, as well as aluminum and textiles, to Saudi arabia are up 5.3 percent; as it is known, the situation of Bahrain's exports to the United States is more than 5%.

Bahrain's products are mostly imported in the field of crude oil and machinery, and chemicals in this country are also imported from Japan. Fortunately, the Bahraini trade process is proceeding according to modern world standards, and no problem has been seen in this field to date. Is. Bahrain's financial resources have grown by 12 percent, and the country's economic structure has been able to grow at its best in recent years. The inflation situation in terms of basic items in this country is less seen than in other countries, and it is clear that Bahrain can provide a routine structure in the economic field.

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