Makrognosis

Bahrain Credit Rating & Sovereign Risk Score

Model scoreCode CREDIT:BH

Model score56 / 1009 Nov 2026
Grade equivalentBBB-model-implied
BandInvestment grade0–100 scale, 100 = strongest
Rank56th of 84economies scored

Makrognosis sovereign credit model scores Bahrain at 56 out of 100 as of 9 November 2026, equivalent to BBB- on the familiar letter scale — investment grade.

The score is unchanged from the previous assessment on 1 October 2026.

That places Bahrain 56th of the 84 economies the model scores; Russia has the highest score at 100.

Key inputs include government debt of 120.9% of GDP, a fiscal balance of −10.4% of GDP, a current account balance of 4.8% of GDP.

This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

Bahrain sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 202630354045505560Robomacro
Bahrain sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 2026. Source: Makrognosis sovereign credit model.

Score history

Assessment dateScoreGrade equivalent
9 November 202655.9BBB-
1 October 202655.9BBB-
31 July 202655.9BBB-
30 July 202636.3B+
26 July 202634.1B+
21 June 202648.1BB+
18 June 202658.9BBB
Get the Bahrain sovereign risk score in your code

Score, grade equivalent and inputs for 84 economies. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/credit/BH"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/credit/BH",
                 headers={"X-API-Key": KEY})
score = r.json()["headline"]["score_0_100"]
Get a free API key → · API docs

What drives the score

The model's published inputs for Bahrain, from official national and international statistics.

InputValueVintage
GDP per capitaUS$30,5972026
Real GDP growth, 5-year average4.0%2026
Inflation, recent average1.4%2026
Government debt120.9% of GDP2026
Fiscal balance−10.4% of GDP2026
Current account balance4.8% of GDP2026
Foreign-exchange reserves1.4 months of imports2026
Governance (World Bank WGI composite)0.06252026

How Bahrain compares

#EconomyAs ofScore
1Russia9 Nov 2026100
2Turkey9 Nov 2026100
3Denmark9 Nov 202698
4Switzerland9 Nov 202696
5Netherlands9 Nov 202695
51Trinidad and Tobago9 Nov 202657
52Bulgaria9 Nov 202657
53Jordan9 Nov 202657
54Guyana9 Nov 202657
55Thailand9 Nov 202657
56Bahrain9 Nov 202656
57Brazil9 Nov 202656
58Mexico9 Nov 202656
59Peru9 Nov 202655
60Vietnam9 Nov 202654
61Colombia9 Nov 202654
62Philippines9 Nov 202654

All 84 economies ranked →

FAQ

What is Bahrain's credit rating?
Makrognosis sovereign credit model scores Bahrain at 56/100 as of 9 November 2026, equivalent to BBB- (investment grade). This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.
How is the sovereign risk score calculated?
A statistical model scores each economy from published inputs — government debt and fiscal balance, current account and external debt, GDP per capita and growth, inflation, reserves and governance — on a 0–100 scale where 100 is the strongest credit. It is re-run as the inputs update.
Where can I get the data?
Through the Makrognosis API: GET /v1/credit/BH returns the score history and inputs; /v1/credit/universe lists every economy.

This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

Last assessed 2026-11-09. Source: Makrognosis sovereign credit model.