By Avinash Saxena
Bahrain’s economy grew at 5.72 per cent in the second quarter (Q2) of 2021, the highest in terms of constant prices since 2019, as revealed by the latest government assessment.
The national accounts report from the Information and e-Government Authority (iGA) estimates that gross domestic product (GDP) growth during Q2 was 20.74pc in terms of current prices, when compared with the same quarter in 2020.
Constant prices adjust for the effects of inflation and using constant prices enables measurement of the actual change in output and not just an increase due to the effects of inflation.
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