Oil activities measure those economic activities generated by the oil sector like crude oil and natural gas activities, while non-oil activities measure those generated by all other sectors of the economy. The distinction helps assess the diversification and performance of the non-oil economy.
GDP at current prices measures the value of goods and services at the prices prevailing during the period being measured, while GDP at constant prices measures the value using prices from a fixed base year. GDP at constant prices removes the effect of price changes and is therefore used to measure the actual change in economic output and economic growth.
Bahrain’s GDP data is published on a quarterly basis as part of the official National Accounts’ releases. It’s usually released within 90 days of the reference period.
Historical GDP data can be accessed through the Bahrain Data Portal, www.data.gov.bh. Users may also refer to previous editions of the Bahrain Economic Quarterly Report.
Economic activities are classified according to the International Standard Industrial Classification of All Economic Activities (ISIC), Revision 4 (ISIC 4), which provides a standard framework for classifying and reporting economic activities.
The Bahrain Economic Quarterly Report is a periodic publication that provides an overview and analysis of Bahrain’s economic performance. It presents key economic developments, trends and indicators across major sectors of the economy.
The report is published on a quarterly basis, following the availability and validation of the relevant economic data.
Previous editions of the Bahrain Economic Quarterly Report can be accessed through the Ministry of Finance and National Economy’s official publications and relevant government data platforms: https://www.mofne.gov.bh/BEQR
Economic competitiveness is the ability of countries to leverage their ecosystem in a manner that aids in attracting key investment opportunities, a talented workforce, and fostering an innovative environment.
International rankings help in identifying the competitive advantages that Bahrain offers and the key opportunities that can help usher in even more development across an array of fields.
Bahrain enjoys several competitive edges which include a robust and talented workforce, a facilitated business environment, a prudent regulatory structure, and a digitally ready economy.
Information on the Kingdom of Bahrain’s performance can be accessed through the Bahrain Economic Report, which is published quarterly on the Ministry of Finance and National Economy’s website.