Bahreïn - Taux de croissance annuel du PIB

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.

Bahrain's gross domestic product expanded 2.73 percent year-on-year in the first quarter of 2019, easing from an upwardly revised 5.32 percent growth in the previous three-month period. The non-oil sector advanced 1.52 percent mainly due to higher spending on infrastructure projects which benefit from the Gulf financial support package. In addition, the oil sector grew 9.20 percent, boosted by a significant increase in the quantities of oil produced during the quarter. On a quarterly basis, the GDP contracted 2.49 percent, due to the decrease in the quantities of oil produced and the decline in crude oil prices.

The economy of Bahrain advanced 4.6% year-on-year in the fourth quarter of 2018, following a downwardly revised 1.4% growth in the previous period. Output rebounded for mining & quarrying (11.1% from -1.4% in Q3), particularly crude petroleum & natural gas (11.3% from -1.5%); transport & communication (0.3% from -1.9%) and for hotels & restaurants (6.1% from -1.4%) while production rose faster for financial corporations (2.7% from 0.8%) and for government services (6.7% from 6.6%). Contrarily, output rose at a slower pace for manufacturing (0.8% from 1.2%); real estate & business activity (1.5% from 2.9%) and for social & personal services (1.7% from 3.1%). On a quarterly basis, the GDP expanded 1.2% compared to a 1.4% contraction in the third quarter of the year. In 2018, the economy expanded 1.8%, compared to a 3.8% growth in 2017.