(MENAFN) Bahrain announced that its GDP grew by 5.6 percent in the April-June period of 2014, compared to the same period last year, QNA reported.
The second quarter's GDP growth reached 3.2 percent compared to the January-March period of this year, with the total GDP growth of this year expected to reach about 3.7 percent.
The oil and non-oil sectors contributed greatly to this growth in the GDP, with the non-oil sector growing by 4.7percent compared to the same period last year, while growing 3.0 percent when compared to the first quarter of this year.
Meanwhile, the oil sector registered a 9.3 percent growth compared to the corresponding period of last year and by 4.1 percent when compared to the January-June period of 2014.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.