Fiscal Balance in Bahrain

Bahrain Fiscal Balance | Economic News & Forecasts

Bahrain - Fiscal Balance

The economy likely remained deflated in the final quarter last year, as Bahrain continued to over-comply with OPEC+ oil production curbs. Upbeat point-of-sale transactions through November, however, suggest the non-oil private sector proved resilient in Q4. This comes after growth accelerated in the third quarter, but remained historically downbeat due to lower hydrocarbon output. Turning to the first quarter of 2020, the economy should get a boost from stronger tourism activity as visa prices were slashed from January; however, oil production curbs will constrain activity in Q1, while plunging oil prices in January could jeopardize government revenue and, in turn, push the government to cut back on spending.

Bahrain - Fiscal Balance Data

2014   2015   2016   2017   2018  
Fiscal Balance (% of GDP)-3.6  -13.0  -13.6  -10.0  -6.3  

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Bahrain Fiscal Balance Chart


Bahrain Fiscal
Note: Fiscal balance as % of GDP.
Source: Central Bank of Bahrain.

Bahrain Facts

Value Change Date
Exchange Rate0.380.03 %Jan 01

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