Bahrain’s economy is on a roll!
In 2022, Bahrain witnessed the highest economic growth rate since 2013, and it’s not stopping there. With steady progress in diversifying economic income, Bahrain is on track to become a powerhouse in the Middle East! Let’s take a closer look at our island’s recent achievements and what it means for its future!
In 2022, Bahrain’s real gross domestic product grew by 4.9 percent, the highest it’s been since 2013. This is an impressive feat since Bahrain’s economy is heavily reliant on oil. The country is also making strides in economic diversification, with non-oil real GDP growth of 6.2 percent in 2022! This is great news for Bahrain’s economy, as it means that the country is becoming less dependent on oil and stronger.
Bahrain’s Economic Recovery Plan has proven to be a huge success, paving the way for a sustainable and prosperous economy. With impressive growth rates and the attraction of foreign investment, the country is poised for even greater things in the years to come. So, let’s raise a glass to Bahrain’s bright future!
Bahrain’s economic growth!
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