Public Debt in Bahrain
Bahrain - Public Debt
Bahrain is set to receive a financial aid package from Saudi Arabia, the UAE and Kuwait to ensure financial and fiscal stability, although precise details have yet to be disclosed. This comes as international reserves remain low and the country is having trouble finding external financing for its budget deficit. Low oil prices in recent years have depleted the government’s coffers and seen the public debt-to-GDP ratio nearly double in the space of three years. The perilous fiscal position has put pressure on the country’s dollar peg in recent weeks, with the dinar slipping to a 17-year low against the dollar in late June, just before the Gulf states announced financial support.Bahrain - Public Debt Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 41.3 | 42.0 | 60.3 | 72.1 | 79.8 |
Bahrain Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 0.38 | 0.03 % | Jul 13 |
| Stock Market | 1,344 | 0.04 % | Jul 13 |
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