ntelsat, Interpol, IOC, ISO (correspondent), ITU,
NAM, OAPEC, OIC, UN, UNCTAD, UNESCO, UNIDO, UPU, WFTU, WHO, WIPO, WMO,
WTrO
Diplomatic representation in the US:
chief of mission : Ambassador Muhammad ABD AL-GHAFFAR Abdallah
chancery: 3502 International Drive NW, Washington, DC 20008
telephone : [1] (202) 342-0741, 342-0742
FAX: [1] (202) 362-2192
consulate(s) general: New York
Diplomatic representation from the US:
chief of mission: Ambassador David M. RANSOM (scheduled to depart in
June 1997)
embassy : Building No. 979, Road 3119 (next to Al-Ahli Sports Club),
Zinj District, Manama
mailing address: FPO AE 09834-5100; International Mail Box 26431,
Manama (International Mail)
telephone: [973] 273-300
FAX : [973] 275-418
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 - $7.7 billion (1996 est.)
GDP - real growth rate: 3% (1996 est.)
GDP - per capita: purchasing power parity - $13,000 (1996 est.)
GDP - composition by sector:
agriculture: 1%
industry: 38%
services: 61% (1995)
Inflation rate - consumer price index: 0% (1996 est.)
Labor force:
total: 140,000
by occupation: industry and commerce 85%, agriculture 5%, services 5%,
government 3% (1982)
note: 44.39% of the population in the 15-64 age group is non-national
(July 1997 est.)
Unemployment rate: 15% (1996 est.)
Budget:
revenues: $1.49 billion
expenditures: $1.67 billion, including capital expenditures of $300
million (1995)
Industries: petroleum processing and refining, aluminum smelting,
offshore banking, ship repairing; tourism
Industrial production growth rate: 3.4% (1995)
Electricity - capacity: 1.05 million kW (1994)
Electric
|