International Reserves in Bahrain

Bahrain International Reserves | Economic News & Forecasts

Bahrain - International Reserves

Annual economic growth likely remained muted in Q3 amid ongoing fiscal consolidation efforts by the government, in line with the GCC-backed financial support package, while continued compliance with OPEC+ production cuts will have weighed on the oil sector. Furthermore, private-sector credit growth ebbed in Q3 relative to Q2, despite looser monetary conditions. More positively, surging point-of-sale transactions in September bode well for private consumption. This comes after growth slowed to a five-quarter low in Q2, dragged on by a contracting oil sector and government spending cuts aimed at addressing precarious government finances. However, solid construction sector growth mitigated the slowdown somewhat.

Bahrain - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)5.0  5.7  3.1  2.2  2.3  

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Bahrain Facts

ValueChangeDate
Exchange Rate0.380.03 %Nov 21
Stock Market1,5060.04 %Nov 21

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