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FINANCIAL NEWS
Bahrain’s GDP grows 5.6 percent in Q2
13 Oct 2014
(MENAFN) Bahrain announced that its GDP grew by 5.6 percent in the April-June period of 2014, compared to the same period last year, QNA reported.
The second quarter’s GDP growth reached 3.2 percent compared to the January-March period of this year, with the total GDP growth of this year expected to reach about 3.7 percent.
The oil and non-oil sectors contributed greatly to this growth in the GDP, with the non-oil sector growing by 4.7percent compared to the same period last year, while growing 3.0 percent when compared to the first quarter of this year.
Meanwhile, the oil sector registered a 9.3 percent growth compared to the corresponding period of last year and by 4.1 percent when compared to the January-June period of 2014.
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