Bahrain’s economy contracted 2.11% in Q1 as pandemic restrictions weigh


DUBAI – Bahrain’s economy contracted 2.11% in the first quarter from a year earlier, hurt by the decline in the non-oil economy as COVID-19 restrictions were in place most of the quarter, government data showed.

The non-oil economy contracted 2.97%, with the hotels and restaurants segment declining by 20.44%. The oil sector grew 2.04% in the quarter.

Gross domestic product contracted 0.10% from the previous three months, the data showed.


You may also like

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: