GDP in Bahrain
Bahrain - GDPDespite healthy activity in the non-oil sector and buoyant infrastructure spending mostly related to the Gulf Cooperation Council (GCC) Development Fund, overall, economic growth is faltering due to a combination of low oil production and subdued crude prices. This situation is negatively impacting fiscal performance, as oil accounts for over 85% of budget revenues, leaving the government’s finances in a precarious situation. External accounts are also feeling the brunt of falling crude revenues, with reserves hovering at risky levels despite the issuance of a USD 600 million bond sale late in February. Against this backdrop, the government is planning to launch a new U.S. dollar-denominated issue as early as this month.
Bahrain - GDP Data
|Economic Growth (GDP, annual variation in %)||3.7||5.4||4.4||2.9||3.0|
5 years of economic forecasts for more than 30 economic indicators.
Bahrain GDP Chart
Source: Ministry of Finance and FocusEconomics calculations.
|Exchange Rate||0.38||0.01 %||Sep 18|
|Stock Market||1,298||-0.12 %||Sep 18|
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