International organization participation: ABEDA, AFESD, AL, AMF,
ESCWA, FAO, G-77, GCC, IBRD, ICAO, ICRM, IDB, IFC, IFRCS, IHO, ILO,
IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, ISO (correspondent),
ITU, NAM, OAPEC, OIC, OPCW, UN, UN Security Council (temporary),
UNCTAD, UNESCO, UNIDO, UPU, WFTU, WHO, WIPO, WMO, WTrO
Diplomatic representation in the US: chief of mission: Ambassador Dr. Muhammad ABD AL-GHAFFAR Abdallah chancery: 3502 International Drive NW, Washington, DC 20008 consulate(s) general: New York
Diplomatic representation from the US: chief of mission: Ambassador Johnny YOUNG embassy: Building No. 979, Road 3119 (next to Al-Ahli Sports Club), Block 3119, Zinj District, Manama mailing address: American Embassy Manama, PSC 451, FPO AE 09834-5100; International Mail: American Embassy, Box 26431, Manama
Flag description: red with a white serrated band (eight white points) on the hoist side
Economy
Economy—overview: In Bahrain, petroleum production and processing account for about 60% 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. Construction proceeds on several major industrial projects. Unemployment, especially among the young, and the depletion of both oil and underground water resources are major long-term economic problems.
GDP: purchasing power parity—$8.2 billion (1998 est.)
GDP—real growth rate: -2% (1998 est.)
GDP—per capita: purchasing power parity?$13,100 (1998 est.)
GDP—composition by sector: agriculture: 1% industry: 46% services: 53% (1996 est.)