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Bahrain

Economic Vision 2030: Bahrain’s Path to Progress

3

2023 Projected Real GDP (Change from 2022)

2.2

2023 Projected Inflation (Change from 2022)

4.4

2023 Unemployment Rate

2

FDI Inflows (2022, in USD)
sources: IMF & UNCTAD

Bahrain aims to reduce its reliance on oil and gas by diversifying its economy into sectors like financial services, tourism, manufacturing, and technology. This diversification is essential for long-term economic sustainability and resilience

Bahrain seeks to establish itself as a leading financial and business hub in the region. The country aims to attract financial institutions, fintech companies, and investment by offering a favorable regulatory environment and connectivity to global markets

Bahrain is committed to promoting sustainable development, including environmentally responsible practices and the efficient use of resources. This focus on sustainability aligns with global trends and is crucial for the long-term well-being of the nation

Bahrain places a strong emphasis on developing its human capital. This includes investing in education and skills development to ensure that its workforce is equipped to meet the demands of a knowledge-based economy

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