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%. source: Central Informatics Organisation - Kingdom of Bahrain

The Gross Domestic Product (GDP) in Bahrain expanded 2.10 percent in the third quarter of 2024 over the same quarter of the previous year. GDP Annual Growth Rate in Bahrain averaged 3.24 percent from 2000 until 2024, reaching an all time high of 11.43 percent in the fourth quarter of 2010 and a record low of -9.18 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 January of 2025.

The Gross Domestic Product (GDP) in Bahrain expanded 2.10 percent in the third quarter of 2024 over the same quarter of the previous year. 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 2.00 percent in 2026, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-10-08 01:00 AM
GDP Growth Rate YoY
Q2 1.3% 3.3% 3.5%
2025-01-07 02:00 AM
GDP Growth Rate YoY
Q3 2.1% 0.7%
2025-04-09 03:00 AM
GDP Growth Rate YoY
Q4 2.1% 2.8%


Related Last Previous Unit Reference
GDP 43.21 44.38 USD Billion Dec 2023
GDP Growth Rate YoY 2.10 0.70 percent Sep 2024
GDP Constant Prices 3734.00 3722.00 BHD Million Sep 2024
GDP from Agriculture 10.78 10.63 BHD Million Sep 2024
GDP from Construction 241.11 239.57 BHD Million Sep 2024
GDP from Manufacturing 598.04 535.22 BDT Million Sep 2024
GDP from Mining 542.16 585.56 BHD Million Sep 2024
GDP from Public Administration 338.91 313.88 BHD Million Sep 2024
GDP from Services 1454.47 1498.60 BHD Million Sep 2024
GDP from Transport 172.01 186.71 BHD Million Sep 2024
GDP from Utilities 59.27 58.59 BHD Million Sep 2024
GDP Growth Rate 0.30 3.10 percent Sep 2024
GDP per Capita 24734.34 24353.07 USD Dec 2023
GDP per Capita PPP 57550.29 56663.18 USD Dec 2023
Gross Fixed Capital Formation 3887.30 3435.50 BHD Million Dec 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
2.10 0.70 11.43 -9.18 2000 - 2024 percent Quarterly


News Stream
Bahrain GDP Growth Accelerates to 2.1% in Q3
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%
2025-01-07
Bahrain Q2 GDP Growth Lowest in Over 3 Years
Bahrain's economy advanced by 1.3% year-on-year in Q2 of 2024, slowing from a 3.3% expansion in the previous quarter. It marked the 13th consecutive quarter of growth but was the weakest in the sequence, amid a 6.7% decline in the oil sector. Meanwhile, the non-oil sector, which accounted for 85.2% of the GDP, rose by 2.8%. Among economic activities, transportation and storage grew the most (12.9%), followed by information and communication (11.2%), while accommodation and food services rose by 10.6% due to increasing demand in the tourism sector. Meanwhile, the financial and insurance sector expanded by 2.1%, contributing 17.1% to overall growth, and the manufacturing sector grew by 1.7%. On a quarterly basis, the GDP expanded by 3.1%, rebounding from a 4.9% contraction in Q1.
2024-10-08
Bahrain Economy Grows 3.3% in Q1
Bahrain's economy grew by 3.3% year-on-year in Q1 of 2024, slowing from a 4.3% growth recorded in the previous quarter. The expansion was supported by a 3.3% increase in the non-oil sector and a 3.4% rise in the oil sector. Among economic activities, manufacturing (+5.5%), construction (+3.2%), wholesale trade (+7.3%), and public administration (+16%) expanded the most. In contrast, transportation & storage (-3.2%) and human health & social work (-4.8%) sectors faced declines.
2024-08-05