Bahrain Growth Forecast Upgraded

Focus Economics, an economics collective that looks at Middle East growth, upgraded Bahrain’s economy and project an increase to 2.3% GDP growth. This represent an increase from 1.9% in GDP growth for 2016.

Bahrain is one of many Middle East countries reliant on oil sales for its domestic economy. Much of their current exports (representing over $20 billion) is in oil sales.

Imports, on the other hand, have grown to over $13 billion, or nearly 10% in the past 4 years, with a wide diversity of products supporting that growth.

You can view more about Bahrain on their website at http://www.focus-economics.com/countries/bahrain.

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