January 01, 2015
Bahrain experienced overall GDP growth of 5.6% in Q2 2014, when compared to the same period a year earlier, according to Q3 Bahrain Economic Quarterly issued by the Economic Development Board (EDB). The report, also revealed that Q2 2014 GDP growth reached 3.2% in comparison to the first quarter of 2014, with the total GDP growth of the year 2014 expected to reach about 3.7%.
In addition, the report highlighted the important contribution of the oil and non-oil sectors to the overall robust economic growth. The non-oil sector grew by 4.7% year-on-year during Q2 2014, while the oil sector registered 9.3% growth. When compared to the previous quarter, the non-oil sector registered a rise of 3.0% and the oil sector registered a rise of 4.1%.