The economy of Bahrain advanced 0.84 percent year-on-year in the second quarter of 2019, slowing from a downwardly revised 2.55 percent increase in the previous period. It was the weakest growth rate since the first quarter of 2018, as output dropped for mining & quarrying (-0.94 percent vs 8.57 percent in Q1), particularly crude petroleum & natural gas (-0.80 percent vs 9.20 percent); other government services (-2.73 percent vs 0.49 percent) and insurance (-0.12 percent vs 1.67 percent). In addition, production slowed for both financial (6.03 percent vs 6.40 percent) and offshore financial institutions (2.16 percent vs 2.57 percent). On the other hand, construction output advanced faster (3.96 percent vs 2.86 percent) while transport & communication production rebounded (3.43 percent vs -0.35 percent). On a quarterly basis, the GDP advanced 3.39 percent, rebounding from an upwardly revised 3.05 percent decrease in the first quarter of the year. GDP Annual Growth Rate in Bahrain averaged 3.92 percent from 2000 until 2019, reaching an all time high of 11.43 percent in the fourth quarter of 2010 and a record low of -2.86 percent in the fourth quarter of 2011.

GDP Annual Growth Rate in Bahrain is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Bahrain to stand at 3.00 in 12 months time. In the long-term, the Bahrain GDP Annual Growth Rate is projected to trend around 3.50 percent in 2020, according to our econometric models.

Bahrain GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-24 04:40 PM GDP Growth Rate YoY Q3 1.6% 2.5% 2.10%
2019-04-02 08:00 AM GDP Growth Rate YoY Q4 4.6% 1.4% 1.7%
2019-06-13 10:45 AM GDP Growth Rate YoY Q1 2.7% 5.3% 1.3%
2019-10-07 02:15 PM GDP Growth Rate YoY Q2 0.8% 2.6% 2.5%
2019-12-28 06:00 AM GDP Growth Rate YoY Q3 0.8% 2.1%


Bahrain GDP Last Previous Highest Lowest Unit
GDP Growth Rate 3.40 -3.05 8.62 -6.54 percent [+]
GDP Annual Growth Rate 0.84 2.55 11.43 -2.86 percent [+]
GDP 37.75 35.43 37.75 3.05 USD Billion [+]
GDP Constant Prices 3244.18 3137.77 8506.00 2235.44 BHD Million [+]
Gross Fixed Capital Formation 3371.00 3043.30 3371.00 606.10 BHD Million [+]
GDP per capita 21438.60 22126.70 22955.20 16571.50 USD [+]
GDP per capita PPP 41973.30 43320.40 44942.60 35113.30 USD [+]
GDP From Agriculture 8.64 8.93 20.04 7.31 BHD Million [+]
GDP From Construction 238.86 234.74 238.86 169.10 BHD Million [+]
GDP From Manufacturing 456.98 443.90 459.67 361.00 BDT Million [+]
GDP From Mining 612.12 553.03 630.83 452.70 BHD Million [+]
GDP From Public Administration 430.05 399.81 439.56 243.50 BHD Million [+]
GDP From Services 1868.13 1842.23 1873.32 1447.80 BHD Million [+]
GDP From Transport 245.96 236.24 245.96 152.50 BHD Million [+]
GDP From Utilities 59.45 54.95 61.70 22.70 BHD Million [+]


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). 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.84 2.55 11.43 -2.86 2000 - 2019 percent Quarterly




Country Last Previous
China 6.20 Jun/19
Indonesia 5.05 Jun/19
India 5.00 Jun/19
United States 2.30 Jun/19
South Korea 2.00 Jun/19
Spain 2.00 Jun/19
Netherlands 1.80 Jun/19
Canada 1.60 Jun/19
Australia 1.40 Jun/19
France 1.40 Jun/19
United Kingdom 1.30 Jun/19
Euro Area 1.20 Jun/19
Brazil 1.00 Jun/19
Japan 1.00 Jun/19
Russia 0.90 Jun/19
South Africa 0.90 Jun/19
Argentina 0.60 Jun/19
Saudi Arabia 0.50 Jun/19
Germany 0.40 Jun/19
Switzerland 0.20 Jun/19
Singapore 0.10 Sep/19
Italy -0.10 Jun/19
Mexico -0.80 Jun/19
Turkey -1.50 Jun/19


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