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Economy on right track

Bahrain News
Mon, 18 Apr 2016

Bahrain: Bahrain’s non-oil growth reached 3.9 per cent in 2015 according to the latest Bahrain Economic Quarterly issued by the Economic Development Board, whilst overall GDP growth for the year was 2.9pc.

Despite the broader regional economic challenges, growth remained positive across the non-oil sector, with construction 6.4pc, social and personal services (primarily private education and private healthcare) 6.9pc, and hotels and restaurants 7.3pc – all achieving strong year-on-year growth. The oil sector share of real GDP fell to only 19.7pc, demonstrating the success of Bahrain’s economic diversification efforts.

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