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Compare Bahamas, The (2001) - Cayman Islands (2005)

Compare Bahamas, The (2001) z Cayman Islands (2005)

 Bahamas, The (2001)Cayman Islands (2005)
 Bahamas, TheCayman Islands
Administrative divisions 21 districts; Acklins and Crooked Islands, Bimini, Cat Island, Exuma, Freeport, Fresh Creek, Governor's Harbour, Green Turtle Cay, Harbour Island, High Rock, Inagua, Kemps Bay, Long Island, Marsh Harbour, Mayaguana, New Providence, Nicholls Town and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western
Age structure 0-14 years:
29.43% (male 44,179; female 43,486)

15-64 years:
64.46% (male 94,329; female 97,674)

65 years and over:
6.11% (male 7,618; female 10,566) (2001 est.)
0-14 years: 21.1% (male 4,658/female 4,662)


15-64 years: 70.8% (male 15,284/female 16,050)


65 years and over: 8.2% (male 1,699/female 1,917) (2005 est.)
Agriculture - products citrus, vegetables; poultry vegetables, fruit; livestock, turtle farming
Airports 65 (2000 est.) 3 (2004 est.)
Airports - with paved runways total:
36

over 3,047 m:
2

2,438 to 3,047 m:
2

1,524 to 2,437 m:
16

914 to 1,523 m:
13

under 914 m:
3 (2000 est.)
total: 2


1,524 to 2,437 m: 2 (2004 est.)
Airports - with unpaved runways total:
29

914 to 1,523 m:
6

under 914 m:
23 (2000 est.)
total: 1


914 to 1,523 m: 1 (2004 est.)
Area total:
13,940 sq km

land:
10,070 sq km

water:
3,870 sq km
total: 262 sq km


land: 262 sq km


water: 0 sq km
Area - comparative slightly smaller than Connecticut 1.5 times the size of Washington, DC
Background Since attaining independence from the UK in 1973, The Bahamas have prospered through tourism and international banking and investment management. Because of its geography, the country is a major transshipment point for illegal drugs, particularly shipments to the US, and its territory is used for smuggling illegal migrants into the US. The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica since 1863, they remained a British dependency after 1962 when the former became independent.
Birth rate 19.1 births/1,000 population (2001 est.) 12.92 births/1,000 population (2005 est.)
Budget revenues:
$766 million

expenditures:
$845 million, including capital expenditures of $97 million (FY97/98)
revenues: $265.2 million


expenditures: $248.9 million, including capital expenditures of NA (1997)
Capital Nassau George Town
Climate tropical marine; moderated by warm waters of Gulf Stream tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April)
Coastline 3,542 km 160 km
Constitution 10 July 1973 1959; revised 1972 and 1992
Country name conventional long form:
Commonwealth of The Bahamas

conventional short form:
The Bahamas
conventional long form: none


conventional short form: Cayman Islands
Currency Bahamian dollar (BSD) -
Death rate 7.14 deaths/1,000 population (2001 est.) 4.81 deaths/1,000 population (2005 est.)
Debt - external $385.8 million (2000 est.) $70 million (1996)
Dependency status - overseas territory of the UK
Diplomatic representation from the US chief of mission:
Ambassador-designate J. Richard BLANKENSHIP

embassy:
Queen Street, Nassau

mailing address:
local or express mail address: P. O. Box N-8197, Nassau; stateside address: American Embassy Nassau, P. O. Box 599009, Miami, FL 33159-9009; pouch address: Nassau, Department of State, Washington, DC 20521-3370

telephone:
[1] (242) 322-1181, 328-2206

FAX:
[1] (242) 356-0222
none (overseas territory of the UK)
Diplomatic representation in the US chief of mission:
Ambassador Joshua SEARS

chancery:
2220 Massachusetts Avenue NW, Washington, DC 20008

telephone:
[1] (202) 319-2660

FAX:
[1] (202) 319-2668

consulate(s) general:
Miami and New York
none (overseas territory of the UK)
Disputes - international none none
Economic aid - recipient $9.8 million (1995) NA
Economy - overview The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking. Tourism alone accounts for more than 60% of GDP and directly or indirectly employs 40% of the archipelago's labor force. Moderate growth in tourism receipts and a boom in construction of new hotels, resorts, and residences led to an increase of the country's GDP by an estimated 3% in 1998, 6% in 1999, and 4.5% in 2000. Manufacturing and agriculture together contribute only 10% of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run will depend heavily on the fortunes of the tourism sector and continued sturdy growth in the US, which accounts for the majority of tourist visitors. With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1998, including almost 600 banks and trust companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1.2 million in 1997, with 600,000 from the US. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world.
Electricity - consumption 1.362 billion kWh (1999) 382.1 million kWh (2002)
Electricity - exports 0 kWh (1999) 0 kWh (2002)
Electricity - imports 0 kWh (1999) 0 kWh (2002)
Electricity - production 1.465 billion kWh (1999) 410.8 million kWh (2002)
Electricity - production by source fossil fuel:
100%

hydro:
0%

nuclear:
0%

other:
0% (1999)
-
Elevation extremes lowest point:
Atlantic Ocean 0 m

highest point:
Mount Alvernia, on Cat Island 63 m
lowest point: Caribbean Sea 0 m


highest point: The Bluff 43 m
Environment - current issues coral reef decay; solid waste disposal no natural fresh water resources; drinking water supplies must be met by rainwater catchments
Environment - international agreements party to:
Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Wetlands

signed, but not ratified:
none of the selected agreements
-
Ethnic groups black 85%, white 12%, Asian and Hispanic 3% mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20%
Exchange rates Bahamian dollars per US dollar - 1.000 (fixed rate pegged to the dollar) Caymanian dollars per US dollar - 0.82 (29 October 2001), 0.83 (3 November 1995), 0.85 (22 November 1993)
Executive branch chief of state:
Queen ELIZABETH II (since 6 February 1952), represented by Governor General Sir Orville TURNQUEST (since 2 January 1995)

head of government:
Prime Minister Hubert Alexander INGRAHAM (since 19 August 1992) and Deputy Prime Minister Frank WATSON (since December 1994)

cabinet:
Cabinet appointed by the governor general on the prime minister's recommendation

elections:
none; the monarch is hereditary; governor general appointed by the monarch; prime minister and deputy prime minister appointed by the governor general
chief of state: Queen ELIZABETH II (since 6 February 1952); Governor Bruce DINWIDDY (since 29 May 2002)


head of government: Leader of Government Business Kurt TIBBETTS (since 18 May 2005)


cabinet: Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly)


elections: none; the monarch is hereditary; the governor is appointed by the monarch; following legislative elections, the leader of the majority party or coalition is appointed by the governor Leader of Government Business
Exports $376.8 million (2000 est.) NA
Exports - commodities pharmaceuticals, cement, rum, crawfish, refined petroleum products turtle products, manufactured consumer goods
Exports - partners US 22.3%, Switzerland 15.6%, UK 15%, Denmark 7.4% (1998) mostly US
Fiscal year 1 July - 30 June 1 April - 31 March
Flag description three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side blue, with the flag of the UK in the upper hoist-side quadrant and the Caymanian coat of arms centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS
GDP purchasing power parity - $4.5 billion (2000 est.) -
GDP - composition by sector agriculture:
3%

industry:
7%

services:
90% (1999 est.)
agriculture: 1.4%


industry: 3.2%


services: 95.4% (1994 est.)
GDP - per capita purchasing power parity - $15,000 (2000 est.) purchasing power parity - $32,300 (2004 est.)
GDP - real growth rate 4.5% (2000 est.) 1.7% (2002 est.)
Geographic coordinates 24 15 N, 76 00 W 19 30 N, 80 30 W
Geography - note strategic location adjacent to US and Cuba; extensive island chain important location between Cuba and Central America
Heliports 1 (2000 est.) -
Highways total:
2,693 km

paved:
1,546 km

unpaved:
1,147 km (1997)
total: 785 km


paved: 785 km (2000)
Household income or consumption by percentage share lowest 10%:
NA%

highest 10%:
NA%
lowest 10%: NA


highest 10%: NA
Illicit drugs transshipment point for cocaine and marijuana bound for US and Europe; banking industry vulnerable to money laundering offshore financial center; vulnerable to drug transshipment to the US and Europe
Imports $1.73 billion (2000 est.) NA
Imports - commodities foodstuffs, manufactured goods, crude oil, vehicles, electronics foodstuffs, manufactured goods
Imports - partners US 27.3%, Italy 26.5%, Japan 10%, Denmark 4.2% (1998) US, Trinidad and Tobago, UK, Netherlands Antilles, Japan
Independence 10 July 1973 (from UK) none (overseas territory of the UK)
Industrial production growth rate NA% NA%
Industries tourism, banking, cement, oil refining and transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe tourism, banking, insurance and finance, construction, construction materials, furniture
Infant mortality rate 17.03 deaths/1,000 live births (2001 est.) total: 8.19 deaths/1,000 live births


male: 9.39 deaths/1,000 live births


female: 6.97 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 1.9% (2000 est.) 2.8% (2002)
International organization participation ACP, C, Caricom, CCC, CDB, ECLAC, FAO, G-77, IADB, IBRD, ICAO, ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, ITU, LAES, NAM, OAS, OPANAL, OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WMO, WTrO (observer) Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU
Internet Service Providers (ISPs) 19 (2000) -
Irrigated land NA sq km NA sq km
Judicial branch Supreme Court; Court of Appeal; magistrates courts Summary Court; Grand Court; Cayman Islands Court of Appeal
Labor force 156,000 (1999) 19,820 (1995)
Labor force - by occupation tourism 40%, other services 50%, industry 5%, agriculture 5% (1995 est.) agriculture 1.4%, industry 12.6%, services 86% (1995)
Land boundaries 0 km 0 km
Land use arable land:
1%

permanent crops:
0%

permanent pastures:
0%

forests and woodland:
32%

other:
67% (1993 est.)
arable land: 3.85%


permanent crops: 0%


other: 96.15% (2001)
Languages English, Creole (among Haitian immigrants) English
Legal system based on English common law British common law and local statutes
Legislative branch bicameral Parliament consists of the Senate (16-member body appointed by the governor general upon the advice of the prime minister and the opposition leader for five-year terms) and the House of Assembly (40 seats; members elected by direct popular vote to serve five-year terms)

elections:
last held 14 March 1997 (next to be held by March 2002)

election results:
percent of vote by party - NA%; seats by party - FNM 35, PLP 5
unicameral Legislative Assembly (18 seats, three appointed members from the Executive Council and 15 elected by popular vote; members serve four-year terms)


elections: last held 11 May 2005 (next to be held 2009)


election results: percent of vote - NA%; seats - PPM 9, UDP 5, independent 1
Life expectancy at birth total population:
70.46 years

male:
67.27 years

female:
73.71 years (2001 est.)
total population: 79.95 years


male: 77.33 years


female: 82.6 years (2005 est.)
Literacy definition:
age 15 and over can read and write

total population:
98.2%

male:
98.5%

female:
98% (1995 est.)
definition: age 15 and over has ever attended school


total population: 98%


male: 98%


female: 98% (1970 est.)
Location Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras
Map references Central America and the Caribbean Central America and the Caribbean
Maritime claims continental shelf:
200-m depth or to the depth of exploitation

exclusive economic zone:
200 NM

territorial sea:
12 NM
territorial sea: 12 nm


exclusive fishing zone: 200 nm
Merchant marine total:
1,049 ships (1,000 GRT or over) totaling 30,000,221 GRT/44,601,471 DWT

ships by type:
bulk 185, cargo 214, chemical tanker 36, combination bulk 15, combination ore/oil 22, container 66, liquefied gas 33, livestock carrier 1, multi-functional large-load carrier 4, passenger 79, passenger/cargo 1, petroleum tanker 182, railcar carrier 1, refrigerated cargo 118, roll on/roll off 50, short-sea passenger 15, specialized tanker 3, vehicle carrier 24

note:
includes some foreign-owned ships registered here as a flag of convenience: Algeria 2, Australia 1, Austria 1, Bermuda 6, Belgium 14, Canada 1, Cuba 1, Cyprus 2, Denmark 17, Finland 7, France 9, Germany 9, Greece 89, Hong Kong 7, Indonesia 2, India 1, Israel 4, Italy 8, Japan 23, Jamaica 1, Kenya 1, Lebanon 2, Luxembourg 2, Monaco 15, Malaysia 1, Netherlands 16, Norway 139, Poland 3, Portugal 2, Russia 2, Saudi Arabia 5, Singapore 12, Spain 7, Sweden 14, Syria 1, Switzerland 7, UAE 1, Trinidad and Tobago 2, UK 67, Ukraine 3, US 50, British Virgin Islands 1, British Virgin Islands 1 (2000 est.)
total: 129 ships (1,000 GRT or over) 2,827,837 GRT/4,555,974 DWT


by type: bulk carrier 29, cargo 12, chemical tanker 39, liquefied gas 1, petroleum tanker 17, refrigerated cargo 28, roll on/roll off 3


foreign-owned: 126 (Denmark 1, Germany 14, Greece 20, Italy 12, Norway 1, Philippines 1, Sweden 13, Switzerland 11, United Kingdom 9, United States 44) (2005)
Military - note - defense is the responsibility of the UK
Military branches Royal Bahamas Defense Force (Coast Guard only), Royal Bahamas Police Force no regular military forces; Royal Cayman Islands Police Force
Military expenditures - dollar figure $20 million (FY95/96) -
Military expenditures - percent of GDP NA% -
National holiday Independence Day, 10 July (1973) Constitution Day, first Monday in July
Nationality noun:
Bahamian(s)

adjective:
Bahamian
noun: Caymanian(s)


adjective: Caymanian
Natural hazards hurricanes and other tropical storms that cause extensive flood and wind damage hurricanes (July to November)
Natural resources salt, aragonite, timber, arable land fish, climate and beaches that foster tourism
Net migration rate -2.65 migrant(s)/1,000 population (2001 est.) 18.25 migrant(s)/1,000 population


note: major destination for Cubans trying to migrate to the US (2005 est.)
Political parties and leaders Free National Movement or FNM [Hubert Alexander INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE] no national teams (loose groupings of political organizations) were formed for the 2000 elections; United Democratic Party or UDP [leader McKeeva BUSH]; People's Progressive Movement or PPM [leader Kurt TIBBETTS]
Political pressure groups and leaders NA NA
Population 297,852

note:
estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2001 est.)
44,270 (July 2005 est.)
Population below poverty line NA% NA (2002 est.)
Population growth rate 0.93% (2001 est.) 2.64% (2005 est.)
Ports and harbors Freeport, Matthew Town, Nassau Cayman Brac, George Town
Radio broadcast stations AM 3, FM 4, shortwave 0 (1998) AM 1, FM 4, shortwave 0 (2004)
Radios 215,000 (1997) -
Railways 0 km -
Religions Baptist 32%, Anglican 20%, Roman Catholic 19%, Methodist 6%, Church of God 6%, other Protestant 12%, none or unknown 3%, other 2% United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic
Sex ratio at birth:
1.02 male(s)/female

under 15 years:
1.02 male(s)/female

15-64 years:
0.97 male(s)/female

65 years and over:
0.72 male(s)/female

total population:
0.96 male(s)/female (2001 est.)
at birth: 1.02 male(s)/female


under 15 years: 1 male(s)/female


15-64 years: 0.95 male(s)/female


65 years and over: 0.89 male(s)/female


total population: 0.96 male(s)/female (2005 est.)
Suffrage 18 years of age; universal 18 years of age; universal
Telephone system general assessment:
modern facilities

domestic:
totally automatic system; highly developed

international:
tropospheric scatter and submarine cable to Florida; 3 coaxial submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean) (1997)
general assessment: reasonably good system


domestic: liberalization of telecom market in 2003 reflected in falling prices and improving services


international: country code - 1-345; 2 submarine fiber optic cables (Maya-1, Cayman-Jamaica); satellite earth station - 1 Intelsat (Atlantic Ocean)
Telephones - main lines in use 96,000 (1997) 38,000 (2002)
Telephones - mobile cellular 6,152 (1997) 17,000 (2002)
Television broadcast stations 1 (1997) 4 with cable system (2004)
Terrain long, flat coral formations with some low rounded hills low-lying limestone base surrounded by coral reefs
Total fertility rate 2.3 children born/woman (2001 est.) 1.9 children born/woman (2005 est.)
Unemployment rate 9% (1998 est.) 4.1% (1997)
Waterways none -
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