Bahrain vs Oman
Two sovereigns, nine shared metrics, one spread gap.
Head to head
| Bahrain | Oman | |
|---|---|---|
| BT-SFS score | 45.5 | 80.0 |
| Composite rating | B | BBB− |
| Fiscal pillar | 4.7 | 92.8 |
| External pillar | 37.6 | 58.0 |
| Macro pillar | 69.4 | 81.6 |
| Institutions pillar | 83.3 | 85.4 |
| Benchmark bond | BHRAIN 5.45 32 | OMAN 7.375 32 |
| Spread over Treasuries | 269 bps | 79 bps |
| Yield to worst | 6.84% | 4.94% |
| Duration | 5.1y | 5.1y |
Metric by metric
| Metric | Bahrain | Oman |
|---|---|---|
| Current account / GDP | 3.9% (87.5) | 7.5% (93.8) |
| International reserves, months of imports | 1.4 mo (0.0) | 3.7 mo (31.1) |
| General government debt / GDP | 152.4% (0.0) | 32.7% (81.3) |
| Interest expense / revenue | 35.6% (6.3) | 0.5% (100.0) |
| Primary balance / GDP | -3.5% (8.3) | 5.4% (97.9) |
| WGI institutional composite | 0.34 (83.3) | 0.51 (85.4) |
| Real GDP growth | -0.5% (4.2) | 3.5% (57.3) |
| GDP per capita, USD | $29,569 (93.8) | $21,645 (81.3) |
| Inflation stress | 2.4% (100.0) | 1.7% (100.0) |
Frequently asked questions
Who has stronger fundamentals, Bahrain or Oman?
Oman scores higher on the BT Sovereign Fundamentals Score: 45.5 (Bahrain) vs 80.0 (Oman), a gap of 34.5 points.
Whose USD bonds trade wider, Bahrain or Oman?
Bahrain trades wider: 269 bps (Bahrain) vs 79 bps (Oman) over US Treasuries — a 190 bps gap on near-5-year USD benchmarks.
Related
- Bahrain — full Bahrain profile: pillars, metrics, history.
- Oman — full Oman profile: pillars, metrics, history.
- All sovereigns ranked on the Sovereign Signal hub.
- BT-SFS methodology paper — how the scores are built.