Macro - Country Economic Forecasts - Bahrain
We have lowered our 2022 non-oil GDP growth forecast to 2.1% from 4.1% in December but our oil GDP forecast is raised to 6.0% from 1.0%. As a result, overall GDP growth this year is cut to 2.8% from 3.5% three months ago, before a further slowdown in 2023-25.
- Bahrain: 2022 forecast cut despite surging oil prices as global tensions rise
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- GDP growth to slow in medium term:
- Economic risk
- Economic risk evaluation
- Background
- Economic development
- Structure of the economy
- Balance of payments
- Policy and politics
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