Unemployment in Bahrain

Bahrain Unemployment | Economic News & Forecasts

Bahrain - Unemployment

The economy likely recovered somewhat in the third quarter, after contracting sharply in the second quarter due to restrictions imposed at home and abroad to contain the spread of the pandemic. In early September, Bahrain reopened its borders, boding well for tourism and trade. As such, non-oil trade with Saudi Arabia, and likely the region at large, increased strongly in Q3. However, business confidence slumped in the quarter compared to Q2, largely due to more pessimistic expectations regarding Q3’s performance. Turning to Q4, on 24 October restaurants and cafes reopened indoor service after a seven-month prohibition. However, foreign reserves have fallen, likely due to the recent oil price drop, which coupled with rising debt pose downside risks to the country’s finances. Meanwhile, as Covid-19 cases remain elevated, authorities recently extended a number of measures already in place to bolster the economy until year-end.

Bahrain - Unemployment Data

2015   2016   2017   2018   2019  
Unemployment Rate3.5  4.3  4.1  -     -     

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Bahrain Unemployment Chart

Bahrain Unemployment
Note: Unemployment in % of active population.
Source: Central Informatics Organization.

Bahrain Facts

Value Change Date
Exchange Rate0.380.03 %Jan 01

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