Diplomatic representation from the US: chief of mission: Ambassador
Ronald E. NEUMANN embassy: Building #979, Road 3119 (next to Al-Ahli
Sports Club), Block 321, Zinj District, Manama mailing address: American
Embassy Manama, PSC 451, FPO AE 09834-5100;
American Embassy, Box 26431, Manama telephone:
Flag description: red with a white serrated band (eight white points)
on the hoist side

Economy Bahrain

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 refining imported crude. Construction proceeds on several major industrial projects. Unemployment, especially among the young, and the depletion of oil and underground water resources are major long-term economic problems.

GDP: purchasing power parity - $8.4 billion (2001 est.)

GDP - real growth rate: 4% (2001 est.)

GDP - per capita: purchasing power parity - $13,000 (2001 est.)

GDP - composition by sector: agriculture: 1% industry: 35% services: 64% (2001 est.)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA%

Inflation rate (consumer prices): 1.5% (2001 est.)