Current Account in Bahrain

Bahrain Current Account | Economic News & Forecasts

Bahrain - Current Account

The economy likely softened in Q4 2018 as ebbing crude oil prices dragged on the oil sector. Moreover, declining prices for aluminum, the country’s second-top export, could also have hit economic growth in the period. In more positive news, total non-oil exports accelerated notably in 2018, reflective of diversification efforts, while FDI climbed to an all-time high in the year. Moving to Q1, a gradual recovery in oil prices will likely support economic growth and replenish the government’s battered coffers. Meanwhile, on 25 February, Bahrain’s cabinet approved a draft state budget that seeks to considerably reduce the fiscal deficit over the coming years. This should support business sentiment going forward.

Bahrain - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)7.4  4.6  -2.4  -4.6  -3.9  

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Bahrain Current Account Chart


Bahrain Current Account
Note: Current account balance as % of GDP.
Source: Central Bank of Bahrain.

Bahrain Facts

ValueChangeDate
Exchange Rate0.380.03 %Mar 11
Stock Market1,4060.04 %Mar 11

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