mailing address: American Embassy Manama, PSC 451, FPO AE 09834-5100; international mail: American Embassy, Box 26431, Manama
telephone: [973] 273-300
FAX: [973] 272-594
Flag description: red with a white serrated band (eight white points) on the hoist side
Bahrain Economy
Economy - overview: In Bahrain, petroleum production and refining account for about 60% of export receipts, 60% of government revenues, and 30% of GDP. With its highly developed communication and transport facilities, Bahrain is home to numerous multinational firms with business in the Gulf. Bahrain is dependent on Saudi Arabia for oil revenue granted as aid. 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 - $10.1 billion (2000 est.)
GDP - real growth rate: 5% (2000 est.)
GDP - per capita: purchasing power parity - $15,900 (2000 est.)
GDP - composition by sector: agriculture: 1%