The island nation of Bahrain has achieved impressive results on the Global Connectedness Index 2024, published by international logistics giant DHL, climbing seven ranks to secure the 25th position globally and the most improving country since 2021. This remarkable progress reflects the Kingdom’s growing integration with the global economy. The report measures 181 countries on how well they integrate and connect with the rest of the world based on international flows across the four main domains of trade, capital, information, and people.
Over a two-decade period, Bahrain’s nominal GDP increased from around USD 11 billion in 2003 to over USD 43 billion in 2023, marking an average annual growth of 7%, surpassing the global average of 5%.
Bahrain’s economic diversity is further showcased in its dominance in the trade of services as a percentage of GDP, leading the Gulf Cooperation Council (GCC) in this category. The Kingdom has also emerged as a premier destination for tourists within the region, ranking first in the GCC for Inbound Tourism when measured by departure and arrival per capita. These accomplishments reflect Bahrain’s successful efforts to diversify its economy and enhance its priority sectors, including tourism, which continues to grow and contribute to the Kingdom’s sustainable economic growth.
The DHL’s Global Connectedness Index 2024 stated: “The key factors in Bahrain’s growing connectedness were increases in both merchandise exports & inwards M&A activity. Bahrain has long sought to boost international business activity as part of its economic development strategy.” Bahrain has consistently invested in its infrastructure, regulatory reforms, and digital transformation, creating an ecosystem that supports innovation, diversification, and global collaboration. These efforts have not only enhanced the Kingdom’s competitiveness on the world stage but have also fostered a resilient economy.
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