Bahrain's GDP Growth Rate down by 1.1% in Q1 2020
2020-07-07 - 8:40 p
Bahrain Mirror: The Ministry of Finance and National Economy published the Q1 2020 Bahrain Economic Quarterly report for the Kingdom of Bahrain. The report revealed a decline in real GDP growth (at constant prices) at a rate of 1.1% YoY.
The finance ministry report showed that the economic performance witnessed growth at the beginning of the year before being hit in March by the coronavirus pandemic. The global impact of COVID-19 affected Bahrain's overall economic performance in Q1, causing a decline in real GDP growth (at constant prices) at a rate of 1.1% YoY.