Bahrain GDP Annual Growth Rate

Last Release

Mar 31, 2024

Actual

3.3

Units In

3.5

Frequency

Quarterly

Next Release

Aug 05, 2025

Time to Release

2 Months 28 Days 5 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 advanced by 3.4% year-on-year in Q4 of 2024, accelerating from an upwardly revised 2.9% expansion in the previous quarter, preliminary data showed. It marked the fastest growth since Q4 of 2023, boosted by a 4.6% increase in the non-oil sector. Among economic activities, information and communication grew the most (12.4%), followed by transportation and storage (11.0%), manufacturing (7.0%), construction (6.8%), and accommodation & food services (6.1%). Meanwhile, the oil sector fell by 3.5%. On a quarterly basis, the GDP expanded by 7.0%, accelerating sharply from an upwardly revised 0.8% growth in Q3. For the 2024 full year, the economy grew 2.6%, easing from a 3.9% growth in 2023, driven by a 3.8% non-oil activities, which account for 86.0% of the GDP. Conversely, the oil sector shrank 4%. For 2025, the economy is expected to grow by 2.7%, boosted by a 3.4% growth in non-oil activities.