Current Account in Bahrain

Bahrain Current Account | Economic News & Forecasts

Bahrain - Current Account

The economy lost impetus in the first quarter, following the surge in Q4 that was driven by a pick-up in mining output. Growth in Q1 ebbed in the mining and quarrying, manufacturing and construction sectors. Moreover, government services spending contracted in Q1, contrasting Q4’s solid outturn, likely amid government efforts to rein in the budget deficit as part of the fiscal balance program agreed last year. However, in more positive news, the financial sector gained pace in the first quarter, while available signs for the second quarter are fairly upbeat. Private sector credit growth was brisk in April, while non-oil merchandise exports posted double-digit year-on-year growth in the first two months of Q2.

Bahrain - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)7.4  4.6  -2.4  -4.6  -3.8  

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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

Exchange Rate0.380.03 %Jul 11
Stock Market1,5370.04 %Jul 11

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