Bahrain's financial sector contributes 16 per cent to GDP
Manama, Oct. 7 -- The Kingdom of Bahrain's financial sector has recorded the highest contribution to GDP by 16.43% in Q2, thanks to the increasing profits of financial institutions and insurance sector.
The statistics for the Q2 showed a growth in non-oil sectors, including the financial sector, the Kingdom of Bahrain continued to achieve a balanced growth across its diversified economy; achieving economic growth in the second quarter of 2019 supported by the growth in the non-oil sectors.
The Information & eGovernment Authority (iGA) has issued its report of the provisional national accounts results for the second quarter of 2019 which indicated that the economy recorded a real growth of 0.84% and 1.76% in current prices compared to th...
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