Non-oil output lifts Bahrain's Q1 GDP to BD3.7bln
The increase came off the back of a 2.2 per cent rise in non-oil output, which totalled BD 3.15 billion, alongside a sharper 5.3 per cent jump in oil activity to BD 566 million.
The findings were published in the government's quarterly economic report, which also cited new World Bank forecasts suggesting the economy is on course to gather pace over the next two years.
The projections point to Bahrain's growth rising from 1.8 per cent in 2024 to 3.2 per cent in 2025, then reaching 4.5 per cent by 2026.
Forecast
Regionally, the United Arab Emirates is forecast to lead the Gulf in 2025 with a growth rate of 4.6 per cent. Bahrain follows at 3.5 per cent, then Oman at 3 per cent, Saudi Arabia at 2.8 per cent, Qatar at 2.4 per cent, and Kuwait at 2.2 per cent.
In 2026, the table is expected to shift, with Qatar taking the lead at 5.4 per cent.
The UAE is next at 4.9 per cent, trailed by Saudi Arabia at 4.5 per cent, Oman at 3.7 per cent, Bahrain at 3 per cent, and Kuwait again at the bottom with 2.7 per cent.
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