Bahrain tops global and regional rankings in 2022

Bahrain tops global and regional rankings in 2022

In 2022, Bahrain scored high on a vast number of global rankings and reports for business environment, foreign direct investment and talent, affirming the Kingdom’s keenness to enhance its competitive investment environment on regional and global levels, in line with the priorities and objectives of the Kingdom’s Economic Recovery Plan.

The Kingdom ranked first in MENA for financial freedom, investment freedom, and trade freedom (Heritage foundation – Index of Economic Freedom 2022), as well as economic freedom (The Fraser Institute – Economic Freedom of the World 2022).

Bahrain also topped the GCC for effective regulations (The Fraser Institute – Economic Freedom of the World 2022), a testament to its forward-looking regulatory framework.

Additionally, the Kingdom ranked 1st in the GCC for the stocks of inward Foreign Direct Investment (FDI) relative to 2021 GDP according to The Information & eGovernment Authority, which stood at 85% of Bahrain’s GDP. It also ranked 11th globally for FDI Greenfield projects (FDI Intelligence of the Financial Times – Greenfield FDI Performance Index Report 2022).

In 2022, the Bahrain EDB, supported by Team Bahrain, attracted over $1.1 billion of direct investment, a record year for the Kingdom’s investment promotion agency. The investments are from 89 investment projects and are expected