Bahrain’s Q1 GDP up 3.3% fueled by non-oil sector growth

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12-Aug-2024

Bahrain’s real gross domestic product (GDP) grew by 3.3 per cent year-on-year (YoY), according to a quarterly economic performance report by the Ministry of Finance, driven by robust growth in the key sectors of the non-oil economy. The latest data from the ministry shows that non-oil economy increased 3.3 per cent in the January-March period, contributing almost 85.9 per cent to overall GDP. The Gulf state’s oil GDP grew 3.4 per cent, the report indicated, with accommodation and food services, and financial services and insurance among the top performing sectors. 

 

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