Member of: ABEDA, AFESD, AL, AMF, ESCWA, FAO, G-77, GATT, GCC, IBRD,
ICAO, ICRM, IDB, IFRCS, ILO, IMF, IMO, INMARSAT, INTELSAT, INTERPOL,
IOC, ISO (correspondent), ITU, NAM, OAPEC, OIC, UN, UNCTAD, UNESCO,
UNIDO, UPU, WFTU, WHO, WMO
Diplomatic representation in US: chief of mission: Ambassador Muhammad ABD AL-GHAFFAR al-Abdallah chancery: 3502 International Drive NW, Washington, DC 20008 telephone: [1] (202) 342-0741, 342-0742 consulate(s) general: New York
US diplomatic representation:
chief of mission: Ambassador David M. RANSOM
embassy: Building No. 979, Road 3119 (next to Ahli Sports Club), Zinj
District, Manama
mailing address: FPO AE 09834-5100; P.O. Box 26431, Manama
(International Mail)
telephone: [973] 273300; afterhours [973] 275-126
FAX: [973] 272594
Flag: red with a white serrated band (eight white points) on the hoist
side
@Bahrain:Economy
Overview: Tiny in area, Bahrain is well-to-do in economic resources and per capita income. Petroleum production and processing account for about 80% of export receipts, 60% of government revenues, and 30% of GDP. Economic conditions have fluctuated with the changing fortunes of oil since 1985, for example, during and following the Gulf crisis of 1990-91. With its highly developed communication and transport facilities Bahrain is home to numerous multinational firms with business in the Gulf. A large share of exports consists of petroleum products made from imported crude. Prospects for 1995 are good, with private enterprise the main driving force, e.g., in banking and construction. Unemployment, especially among the young, and the depletion of both oil and underground water resources are major long-term economic problems.
National product: GDP - purchasing power parity - $7.1 billion (1994 est.)
National product real growth rate: 2.2% (1994 est.)
National product per capita: $12,100 (1994 est.)
Inflation rate (consumer prices): 2% (1994 est.)