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Macro - Country Economic Forecasts - Bahrain

Publisher Oxford Economics
Published Mar 06, 2022
Length 1 Pages
SKU # OFE17034027

Description

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.

Table of Contents

1 Pages
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
How Do Licenses Work?
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