Bahrain key economic sectors are on the rise | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

  • Date: 30-Sep-2021
  • Source: The Daily Tribune - News of Bahrain
  • Sector:Economy
  • Country:Bahrain
  • Who else needs to know?

Bahrain key economic sectors are on the rise | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Financial projects in Bahrain grew by 9.40% at constant prices and by 10.72% at current prices, according to the Ministry of Finance and National Economy quarterly economic report for the second quarter of 2021. As per report, health services recorded an increase of 8.59% at constant prices and 7.21% at current prices. The agriculture and fishing activity increased by about 5.57% at constant prices and 2.34% at current prices. Real estate and business services increased by 4.73% at constant prices and 3.02% at current prices. Trade grew by 4.17% and 2.66% at constant and current prices, respectively. Other government services increased by about 3.34% at constant prices and 2.20% at current prices, respectively. Manufacturing increased by 2.29% at constant prices and 24.21% at current prices. Meanwhile, electricity and water as well as construction have also grown in varying proportions. Electricity and water activity and construction increased by 2.80% and 1.06% at constant and ongoing prices, respectively, and construction activity by 0.22% and 7.18% respectively When comparing the economic performance for the second quarter of 2021 compared to the first quarter of the same year, economic growth recorded real growth of 3.51% and 6.37% at current prices. The results also showed