Bahrain GDP Annual Growth Rate

Last Release

Mar 31, 2024

Actual

3.3

Units In

3.5

Frequency

Quarterly

Next Release

Apr 09, 2025

Time to Release

2 Months 29 Days 3 Hours

Highest	Lowest	Average	Date Range	Source
11.43 Dec 2010	-9.49 Jun 2020	3.19 %	2000-2024	Central Informatics Organisation - Kingdom of Bahrain

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).

Latest Updates

Bahrain's economy expanded by 2.1% year-on-year in Q3 of 2024, accelerating from a downwardly revised 0.7% growth in the previous quarter, preliminary data showed. It marked the 14th consecutive quarter of expansion, boosted by a 3.9% increase in the non-oil sector, which accounts for 86.4% of the GDP. Among economic activities, telecommunication technology grew the most (11.9%), followed by business activities (8.1%), public administration (5.9%), financial and insurance (5.8%), and manufacturing (4.2%). Meanwhile, wholesale and retail trade rose by 2.1%, while the construction sector recorded a slight growth of 0.4%. By contrast, oil sector activities shrank 8.1%. For the full year of 2024, the economy is expected to grow by 2.7%, slowing from a 3.9% expansion in 2023. For 2025, GDP growth is projected to accelerate to 3.5%