GDP in Bahrain
Bahrain - GDPBahrain’s economy gained momentum in Q3 2016 after a weak showing in the previous quarter, with GDP rising at a faster pace thanks to strong growth in the country’s non-oil sector and job creation continuing at a brisk rate. The construction industry was at the heart of the improvement, propelled by unprecedented infrastructure investment, with a project pipeline totaling USD 69.7 billion in December. One major project currently underway will see a new oil pipeline link the country to Saudi Arabia, which should boost Bahrain’s crude exports. The infrastructure surge is being spearheaded by the GCC Development Fund, whose project portfolio doubled in value in 2016.
Bahrain - GDP Data
|Economic Growth (GDP, annual variation in %)||2.1||3.4||5.4||4.5||2.9|
5 years of economic forecasts for more than 30 economic indicators.
Note: Annual variation of gross domestic product (GDP) in %.
Bahrain GDP Chart
Source: Ministry of Finance and FocusEconomics calculations.
|Exchange Rate||0.38||0.01 %||Feb 16|
|Stock Market||1,324||0.16 %||Feb 16|
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