GDP in Bahrain
Bahrain - GDPThe economy will likely contract in the first half of this year, as measures introduced in late March to contain the spread of coronavirus, including travel restrictions, the closure of shops and restaurants, and the banning of large public gatherings, have hampered activity; the Bahrain Grand Prix, which was originally scheduled to take place on 20â€“22 March, was one of the most notable event cancellations. Moreover, a steep fall in oil prices in recent months has dented Bahrain's public finances and led the government to announce in April that it would reduce spending in the short term, further damaging economic prospects. More positively, however, a partial easing of social distancing measures, including the re-opening of some shops and industrial plants, came into effect from early May.
Bahrain - GDP Data
|Economic Growth (GDP, annual variation in %)||4.4||2.9||3.5||4.1||1.7|
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 %||Jan 01|
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