GDP in Bahrain

Bahrain GDP | Economic News & Forecasts

Bahrain - GDP

Economic growth moderated in the third quarter, due to a contraction in the mining and quarrying sector and softer manufacturing growth. However, higher oil prices cushioned the slowdown. Looking at the fourth quarter, the large fall in oil prices likely depressed the mining and quarrying sector and dragged on the economy’s performance. Encouragingly, the recently secured financial aid package from the Gulf Cooperation Council motivated Moody’s to upgrade Bahrain’s credit rating outlook from negative to stable in December. Also, in December, Sheikh Salman bin Khalifa Al Khalifa was appointed as the new finance minister following parliamentary elections. Moreover, the value-added tax introduced on 1 January will help narrow the fiscal deficit.

Bahrain - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)5.4  4.4  2.9  3.2  3.9  

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Bahrain GDP Chart


Bahrain GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Ministry of Finance and FocusEconomics calculations.

Bahrain Facts

ValueChangeDate
Exchange Rate0.380.03 %Jan 30
Stock Market1,3920.04 %Jan 30

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