Despite continuing global economic uncertainty, the Bahraini economy has been fairly resilient to external shocks and the Kingdom’s real GDP growth is currently estimated to exceed 6 percent this year, said a report.
The annual pace of economic growth in the first three quarters of 2012 was 4.4 percent, led by a strong rebound in the non-oil sector of the economy, with overall growth for the year estimated at 3.9 percent, according to the latest economic quarterly report from the Bahrain Economic Development Board (EDB).
The 2012 has been a year of steady consolidation for the Bahraini economy with progress across all main sectors of the economy recording positive growth, the report stated.
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