Bahrain's gross domestic product grew by 5.72 percent year-on-year in the second quarter of 2021, rebounding sharply from a 2.11 percent contraction in the previous three-month period. This was the first expansion in the economy since the first quarter 2020, boosted by a 7.78 percent growth in non-oil sector, with transport & communication (47.92%) recording the biggest increase, followed by hotels & restaurants (45.22%), amid the gradual opening of commercial activities and the recovery of traffic in the country. Positive contribution to GDP also came from manufacturing (2.29%); real estate and business services (4.73%), trade (4.17%), health (8.59%), construction (0.22%); electricity & water (2.80%), agriculture & fishing (5.57%). At the same time, output also expanded for both other government services (3.34%) and financial services (9.40%). Meanwhile, the oil sector shrank 2.41 percent. On a quarterly basis, the GDP advanced by 3.51 percent. source: Central Informatics Organisation - Kingdom of Bahrain

GDP Annual Growth Rate in Bahrain averaged 3.08 percent from 2000 until 2021, reaching an all time high of 11.43 percent in the fourth quarter of 2010 and a record low of -9.49 percent in the second quarter of 2020. This page provides the latest reported value for - Bahrain GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bahrain GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

GDP Annual Growth Rate in Bahrain is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahrain GDP Annual Growth Rate is projected to trend around 2.50 percent in 2022, according to our econometric models.

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Bahrain GDP Annual Growth Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-07-02 03:00 AM Q1 -2.11% -4.09% -8%
2021-10-01 04:00 PM Q2 5.7% -2.1% 5.7%
2021-12-29 05:00 AM Q3 5.7%


Related Last Previous Unit Reference
GDP Annual Growth Rate 5.72 -2.10 percent Jun/21

News Stream
Bahrain Economy Rebounds Sharply in Q2
Bahrain's gross domestic product grew by 5.72 percent year-on-year in the second quarter of 2021, rebounding sharply from a 2.11 percent contraction in the previous three-month period. This was the first expansion in the economy since the first quarter 2020, boosted by a 7.78 percent growth in non-oil sector, with transport & communication (47.92%) recording the biggest increase, followed by hotels & restaurants (45.22%), amid the gradual opening of commercial activities and the recovery of traffic in the country. Positive contribution to GDP also came from manufacturing (2.29%); real estate and business services (4.73%), trade (4.17%), health (8.59%), construction (0.22%); electricity & water (2.80%), agriculture & fishing (5.57%). At the same time, output also expanded for both other government services (3.34%) and financial services (9.40%). Meanwhile, the oil sector shrank 2.41 percent. On a quarterly basis, the GDP advanced by 3.51 percent.
2021-10-04
Bahrain Q1 Economy Shrinks the Least in a Year
Bahrain's gross domestic product shrank by 2.11 percent year-on-year in the first quarter of 2021, following a revised 4.09 percent contraction in the previous three-month period. This was the fifth straight quarter of contraction in the economy, but the smallest decline since the first quarter 2020, amid easing the lockdown measures. Output contracted for hotels & restaurants (-20.44% vs -44.31% in Q4); manufacturing (-1.9% vs -9.17%); construction (-0.87% vs -2.14%); electricity & water (-4.91% vs 33.19%). Meanwhile, production rebounded for transport & communication (16.86% vs -30.79%); agriculture & fishing (0.49% vs -1.53%); mining & quarrying (1.94% vs -8.08%), namely crude petroleum & natural gas (2.04% vs -8.62%). On the other hand, output grew further for both government services (3.14% vs 12.68%) and financial services (7.58% vs 11.04). On a quarterly basis, the GDP edged down 0.1 percent, after a revised 2.11 percent fall in the preceding quarter.
2021-07-02
Bahrain Economy Shrinks 5.51% YoY in Q4
Bahrain's gross domestic product shrank by 5.51 percent year-on-year in the fourth quarter of 2020, following a 6.91 percent contraction in the previous three-month period. This was the fifth straight quarter of contraction, amid the pandemic crisis. Output contracted for transport & communication (-30.78% vs -41.43% in Q3); hotels & restaurants (-42.22% vs -36.61%); manufacturing (-9.12% vs -6.90% ); construction (-2.14% vs 0.24%); agriculture & fishing (-1.57% vs -0.69%); mining & quarrying (-8.08% vs -3.26%), namely crude petroleum & natural gas (-8.62% vs -3.36%), while advanced for electricity & water (29.12% vs 29.44%). Meantime, output grew for both government services (12.68% vs -0.41% and financial services (11.04% vs -1.01%). On a quarterly basis, the GDP edged up 0.1 percent, after growing 1.4 percent in the preceding quarter. Considering 2020 full year, the economy contracted by 5.81 percent over a year ago.
2021-04-06

Bahrain GDP Annual Growth Rate
In Bahrain, Gross Domestic Product is divided by two industries: Goods Producing and Services Producing. Goods Producing Industry constitutes around 41.8 percent of the GDP and the largest segments within this sector are manufacturing (18.6 percent); mining (14.5 percent) and construction (8.1 percent). Services Producing Industry accounts for 58.2 percent of total GDP and the biggest segments within services are financial services (17.1 percent); transport & communications (7.1 percent); wholesale & retail trade & repairs (4.5 percent) and real estate (3.8 percent).