Bahrain’s real GDP is expected to exceed BD13 billion ($34.48 billion) in 2022 and 2023 – the highest figure seen in a decade – driven by non-oil GDP growth and greater private sector contribution towards economic activities, says a report.
Coming out of a pandemic that had its adverse impacts on the economy for the past two years, Bahrain has shown recovery in 2022, and more disciplined spending over the last five years, said the SICO report titled Bahrain Special – Between achievements and acceleration towards targets – Feb 2023.