4 days ago
Finance Ministry publishes Bahrain Economic Quarterly Report for Q1 2025
The Ministry of Finance and National Economy has published the Bahrain Economic Quarterly Report for Q1 2025 on its website
According to preliminary national accounts data released by the Information and eGovernment Authority, GDP grew by 2.7% YoY in real terms in Q1 2025 driven by an increase in both non-oil and oil activities by 2.2% and 5.3% YoY, respectively. While in nominal terms, GDP grew by 3.0% as both non-oil and oil activities rose by 2.8% and 4.6% YoY, respectively.
The report highlighted the significant role of non-oil activities in supporting overall economic performance, noting that non-oil activities contributed to 84.8% of real GDP in Q1 2025.
In terms of performance of economic activities in Q1, Accommodation and Food Services recorded the highest growth rate at 10.3% YoY, while Financial and Insurance Activities – the largest contributor to GDP – achieved a growth rate of 7.5% in real terms. Further, Construction and Education grew by 5.4% and 2.5% YoY, respectively. Professional, Scientific and Technical Activities recorded an increase of 2.2%, while both Wholesale and Retail Trade and Real Estate Activities grew by 2.0%, followed by Transportation and Storage Activities at 1.9%, and Information and Communication Activities at 1.4%. On the other hand, Manufacturing recorded a slight decline of 0.4%.
The report also highlighted growth in foreign investment stock, with Inward Foreign Direct Investment (FDI) stock rising by 3.5% YoY in Q1 of 2025, bringing the total to BHD 17.1Bn.
Meanwhile, the Kingdom of Bahrain has continued to make notable progress across several international economic and development benchmarks, reflecting the Kingdom's commitment to economic diversification, global standards, and enhancing its business environment through the adoption and implementation of a number of ambitious strategies and initiatives.
BNA(R)
