GDP in Bahrain
Bahrain - GDPEconomic growth has likely remained paltry so far this year, dragged down by a weak hydrocarbon sector and constrained government spending. Although the recent rise in oil prices should provide a fiscal boost, the budget deficit is set to remain excessive this year. Rising interest payments could, furthermore, make it difficult to close the deficit in the near future. The external sector is also looking shaky; according to recent data, international reserves more than halved between March and August, and import cover is worryingly low, putting pressure on the exchange rate peg. However, strong infrastructure spending, thanks in large part to projects financed by the GCC Development Fund, continues to buttress the economy.
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||0.03 %||Nov 17|
|Stock Market||1,272||0.04 %||Nov 17|
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