Bahrain’s gross domestic product expanded by 5.50% from a year ago in the first quarter of 2022, accelerating from a 4.29% growth in the previous period. This was the fourth consecutive quarter of expansion in the economy, driven by a solid rise in the non-oil sector (7.80% vs 4.21% in Q4), helped by the scrapping of all Covid-19 restrictions in mid-February. Notable growth was observed primarily in hotels & restaurants (26.57% vs 31.66%); financial institutions (24.55% vs 11.15%); transport & communication (15.77% vs 11.54%) and utilities (12.25% vs 9.59%) and manufacturing (5.34% vs 1.80%). Meanwhile, the oil sector shrank 4.74%, after declining 4.78% in the previous period. On a quarterly basis, the GDP grew by 0.48%, slowing from a 1.50% rise in the previous quarter. source: Central Informatics Organisation - Kingdom of Bahrain

GDP Annual Growth Rate in Bahrain averaged 3.11 percent from 2000 until 2022, 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 June of 2022.

GDP Annual Growth Rate in Bahrain is expected to be 2.00 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 2023, according to our econometric models.

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Bahrain GDP Annual Growth Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-04-03 03:00 PM Q4 4.3% 2.1% 3%
2022-06-20 12:40 PM Q1 5.5% 4.3% 5.7%
2022-09-30 04:00 PM Q2 5.5%


Related Last Previous Unit Reference
GDP Annual Growth Rate 5.50 4.29 percent Mar 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
5.50 4.29 11.43 -9.49 2000 - 2022 percent Quarterly

News Stream
Bahrain Economy Gains Steam in Q1
Bahrain’s gross domestic product expanded by 5.50% from a year ago in the first quarter of 2022, accelerating from a 4.29% growth in the previous period. This was the fourth consecutive quarter of expansion in the economy, driven by a solid rise in the non-oil sector (7.80% vs 4.21% in Q4), helped by the scrapping of all Covid-19 restrictions in mid-February. Notable growth was observed primarily in hotels & restaurants (26.57% vs 31.66%); financial institutions (24.55% vs 11.15%); transport & communication (15.77% vs 11.54%) and utilities (12.25% vs 9.59%) and manufacturing (5.34% vs 1.80%). Meanwhile, the oil sector shrank 4.74%, after declining 4.78% in the previous period. On a quarterly basis, the GDP grew by 0.48%, slowing from a 1.50% rise in the previous quarter.
2022-06-20
Bahrain Q4 GDP Growth Accelerates to 4.29%
Bahrain’s gross domestic product expanded by 4.29% yoy in Q4 of 2021, accelerating from a 2.1% growth in Q3. This was the third straight of quarter of expansion in the economy, driven by a faster rise in the non-oil sector (4.21% vs 3.76% in Q3), namely electricity & water (9.59% vs 4.36%), real estate & business (4.78% vs 4.67%), and a sharp rebound in hotels and restaurants (31.66% vs -5.64%). Meanwhile, output continued to grow for transportation & communications (11.54% vs 25.78%), agriculture & fishing (10.24% vs12.88%), trade (2.89% vs 4.48 %), other social & personal services (7.11% vs 12.82%), At the same time, the financial services recovered (5.15% vs -2.65%), while government services advanced more (3.09% vs 1.89%). Also, the oil sector rebounded sharply (4.67% vs -4.63% in Q3). On a quarterly basis, the GDP grew by 1.49%, rebounding from a 0.05% fall in Q3. For 2021 full year, the economy grew by 2.22% yoy, recovering from a downwardly revised 4.94% drop in 2020.
2022-04-04
Bahrain Economy Continues to Expand in Q3
Bahrain’s gross domestic product advanced by 2.1 percent year-on-year in the third quarter of 2021, following a 5.7 percent growth in the previous three-month period. This was the second consecutive expansion, boosted by a recovery of 3.76 percent in the non-oil sector, due to the improved performance of the sectors most affected by the pandemic, such as transportation & communications (25.78 percent). Positive contributions to the GDP also came from agriculture & fishing (12.88 percent), electricity & water (4.36 percent), trade (4.48 percent), social & personal services (3.98 percent), real estate & business (4.67 percent). Meanwhile, the oil sector declined by 4.63 percent. On a quarterly basis, the GDP shrank by 0.05 percent.
2022-01-04