Bahrain’s real GDP is set to post the highest figure seen in a decade, exceeding BD13 billion ($34bn) in 2022 and 2023, according to SICO, which says non-oil GDP growth and greater private sector contribution towards economic activities will be the main drivers.
Sharing insights into Bahrain’s economic and fiscal recovery in a comprehensive report titled ‘Bahrain Special – Between achievements and acceleration towards targets’, the asset manager, broker, market maker and investment bank said oil sector GDP is expected to be around BD2 .