Categories: Business

Bahrain GDP grows close to 5% in 2022; fastest pace in almost a decade


Tue, 2023-03-28 13:17

RIYADH: Bahrain posted a real gross domestic product growth rate of 4.9 percent in 2022, the highest economic growth pace since 2013, its Ministry of Finance and National Economy announced in its annual economic report.  

The report also highlighted that Bahrain is steadily progressing in its economic diversification journey, as its non-oil real GDP witnessed 6.2 percent growth in 2022, the highest since 2012.  

The growth of Bahrain’s non-oil GDP in 2022 also surpassed the 5 percent annual target set by its economic recovery plan.  

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