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Compare Bahamas, The (2002) - World (2001)

Compare Bahamas, The (2002) z World (2001)

 Bahamas, The (2002)World (2001)
 Bahamas, TheWorld
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, Nichollstown and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay 267 nations, dependent areas, other, and miscellaneous entries
Age structure 0-14 years: 29% (male 43,964; female 43,250)


15-64 years: 64.7% (male 95,508; female 98,859)


65 years and over: 6.3% (male 7,948; female 11,000) (2002 est.)
0-14 years:
29.6% (male 933,647,850; female 886,681,514)

15-64 years:
63.4% (male 1,975,418,386; female 1,931,021,694)

65 years and over:
7% (male 188,760,223; female 241,449,691) (2001 est.)
Agriculture - products citrus, vegetables; poultry -
Airports 67 (2001) -
Airports - with paved runways total: 30


over 3,047 m: 2


2,438 to 3,047 m: 3


1,524 to 2,437 m: 12


914 to 1,523 m: 11


under 914 m: 2 (2002)
-
Airports - with unpaved runways total: 34 35


1,524 to 2,437 m: 3


914 to 1,523 m: 9


under 914 m: 3 23 (2002)
-
Area total: 13,940 sq km


land: 10,070 sq km


water: 3,870 sq km
total:
510.072 million sq km

land:
148.94 million sq km

water:
361.132 million sq km

note:
70.8% of the world's surface is water, 29.2% is land
Area - comparative slightly smaller than Connecticut land area about 16 times the size of the US
Background Arawak Indians inhabited the islands when Christopher Columbus first set foot in the New World on San Salvador in 1492. British settlement of the islands began in 1647; the islands became a colony in 1783. 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. Globally, the 20th century was marked by: (a) two devastating world wars; (b) the Great Depression of the 1930s; (c) the end of vast colonial empires; (d) rapid advances in science and technology, from the first airplane flight at Kitty Hawk, North Carolina (US) to the landing on the moon; (e) the Cold War between the Western alliance and the Warsaw Pact nations; (f) a sharp rise in living standards in North America, Europe, and Japan; (g) increased concerns about the environment, including loss of forests, shortages of energy and water, the drop in biological diversity, and air pollution; (h) the onset of the AIDS epidemic; and (i) the ultimate emergence of the US as the only world superpower. The planet's population continues to explode: from 1 billion in 1820, to 2 billion in 1930, 3 billion in 1960, 4 billion in 1974, 5 billion in 1988, and 6 billion in 2000. For the 21st century, the continued exponential growth in science and technology raises both hopes (e.g., advances in medicine) and fears (e.g., development of even more lethal weapons of war).
Birth rate 18.69 births/1,000 population (2002 est.) 21.37 births/1,000 population (2001 est.)
Budget revenues: $918.5 million


expenditures: $956.5 million, including capital expenditures of $106.7 million (FY99/00)
-
Capital Nassau -
Climate tropical marine; moderated by warm waters of Gulf Stream two large areas of polar climates separated by two rather narrow temperate zones from a wide equatorial band of tropical to subtropical climates
Coastline 3,542 km 356,000 km
Constitution 10 July 1973 -
Country name conventional long form: Commonwealth of The Bahamas


conventional short form: The Bahamas
-
Currency Bahamian dollar (BSD) -
Death rate 7.49 deaths/1,000 population (2002 est.) 8.93 deaths/1,000 population (2001 est.)
Debt - external $381.9 million (2000) $2 trillion for less developed countries (2000 est.)
Diplomatic representation from the US chief of mission: Ambassador J. Richard BLANKENSHIP


embassy: 42 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
-
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
-
Disputes - international none -
Economic aid - recipient $9.8 million (1995) traditional worldwide foreign aid $50 billion (1997 est.)
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 almost half of the archipelago's labor force. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences have led to solid GDP growth in recent years. Manufacturing and agriculture together contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector, which depends on growth in the US, the source of the majority of tourist visitors. Growth in global output (gross world product, GWP) rose to 4.8% in 2000 from 3.5% in 1999, despite continued low growth in Japan, severe financial difficulties in other East Asian countries, and widespread dislocations in several transition economies. The US economy continued its remarkable sustained prosperity, growing at 5% in 2000, although growth slowed in fourth quarter 2000; the US accounted for 23% of GWP. The EU economies grew at 3.3% and produced 20% of GWP. China, the second largest economy in the world, continued its strong growth and accounted for 10% of GWP. Japan grew at only 1.3% in 2000; its share in GWP is 7%. As usual, the 15 successor nations of the USSR and the other old Warsaw Pact nations experienced widely different rates of growth. The developing nations also varied in their growth results, with many countries facing population increases that eat up gains in output. Externally, the nation-state, as a bedrock economic-political institution, is steadily losing control over international flows of people, goods, funds, and technology. Internally, the central government often finds its control over resources slipping as separatist regional movements - typically based on ethnicity - gain momentum, e.g., in many of the successor states of the former Soviet Union, in the former Yugoslavia, in India, and in Canada. In Western Europe, governments face the difficult political problem of channeling resources away from welfare programs in order to increase investment and strengthen incentives to seek employment. The addition of 80 million people each year to an already overcrowded globe is exacerbating the problems of pollution, desertification, underemployment, epidemics, and famine. Because of their own internal problems and priorities, the industrialized countries devote insufficient resources to deal effectively with the poorer areas of the world, which, at least from the economic point of view, are becoming further marginalized. Continued financial difficulties in East Asia, Russia, and many African nations, as well as the slowdown in US economic growth, cast a shadow over short-term global economic prospects; GWP probably will grow at 3-4% in 2001. The introduction of the euro as the common currency of much of Western Europe in January 1999, while paving the way for an integrated economic powerhouse, poses serious economic risks because of varying levels of income and cultural and political differences among the participating nations. (For specific economic developments in each country of the world in 2000, see the individual country entries.)
Electricity - consumption 1.432 billion kWh (2000) -
Electricity - exports 0 kWh (2000) -
Electricity - imports 0 kWh (2000) -
Electricity - production 1.54 billion kWh (2000) -
Electricity - production by source fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (2000)
fossil fuel:
NA%

hydro:
NA%

nuclear:
NA%

other:
NA%
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Mount Alvernia, on Cat Island 63 m
lowest point:
Bentley Subglacial Trench -2,540 m

highest point:
Mount Everest 8,850 m (1999 est.)
Environment - current issues coral reef decay; solid waste disposal large areas subject to overpopulation, industrial disasters, pollution (air, water, acid rain, toxic substances), loss of vegetation (overgrazing, deforestation, desertification), loss of wildlife, soil degradation, soil depletion, erosion
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% -
Exchange rates Bahamian dollars per US dollar - 1.000 (fixed rate pegged to the dollar) -
Executive branch chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor General Ivy DUMONT (since NA May 2002)


head of government: Prime Minister Perry CHRISTIE (since 3 May 2002) and Deputy Prime Minister Cynthia PRATT (since 7 May 2002)


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; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the governor general; the prime minister recommends the deputy prime minister
-
Exports $535.8 million (2000) $6 trillion (f.o.b., 2000 est.)
Exports - commodities fish and crawfish; rum, salt, chemicals; fruit and vegetables (1999) the whole range of industrial and agricultural goods and services
Exports - partners US 28.2%, France 16.5%, Germany 14.1%, UK 12.4% (2000) in value, about 75% of exports from the developed countries
Fiscal year 1 July - 30 June -
Flag description three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side -
GDP purchasing power parity - $5 billion (2001 est.) GWP (gross world product) - purchasing power parity - $43.6 trillion (2000 est.)
GDP - composition by sector agriculture: 3%


industry: 7%


services: 90% (1999 est.)
agriculture:
4%

industry:
32%

services:
64% (1999 est.)
GDP - per capita purchasing power parity - $16,800 (2000 est.) purchasing power parity - $7,200 (2000 est.)
GDP - real growth rate 3.5% (2001) 4.8% (2000 est.)
Geographic coordinates 24 15 N, 76 00 W -
Geography - note strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited -
Heliports 1 (2002) -
Highways total: 2,693 km


paved: 1,546 km


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

paved:
NA km

unpaved:
NA km
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; offshore financial center -
Imports $1.88 billion (2000) $6 trillion (f.o.b., 2000 est.)
Imports - commodities machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals (1999) the whole range of industrial and agricultural goods and services
Imports - partners US 31.6%, South Korea 18.2%, Italy 17.4%, Japan 5.8% (2000) in value, about 75% of imports by the developed countries
Independence 10 July 1973 (from UK) -
Industrial production growth rate NA% 6% (2000 est.)
Industries tourism, banking, cement, oil refining and transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe dominated by the onrush of technology, especially in computers, robotics, telecommunications, and medicines and medical equipment; most of these advances take place in OECD nations; only a small portion of non-OECD countries have succeeded in rapidly adjusting to these technological forces; the accelerated development of new industrial (and agricultural) technology is complicating already grim environmental problems
Infant mortality rate 17.08 deaths/1,000 live births (2002 est.) 52.61 deaths/1,000 live births (2001 est.)
Inflation rate (consumer prices) 1.5% (2001 est.) all countries 25%; developed countries 1% to 3% typically; developing countries 5% to 60% typically (2000 est.)

note:
national inflation rates vary widely in individual cases, from stable prices in Japan to hyperinflation in a number of Third World countries
International organization participation ACP, C, Caricom, CCC, CDB, ECLAC, FAO, G-77, IADB, IBRD, ICAO, ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITU, LAES, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WMO, WTrO (observer) -
Internet Service Providers (ISPs) 19 (2000) 10,350 (2000 est.)
Irrigated land NA sq km 2,481,250 sq km (1993 est.)
Judicial branch Supreme Court; Court of Appeal; magistrates courts -
Labor force 156,000 (1999) NA
Labor force - by occupation tourism 40%, other services 50%, industry 5%, agriculture 5% (1995 est.) agricultue NA%, industry NA%, services NA%
Land boundaries 0 km the land boundaries in the world total 251,480.24 km (not counting shared boundaries twice)
Land use arable land: 0.6%


permanent crops: 0.4%


other: 99% (1998 est.)
arable land:
10%

permanent crops:
1%

permanent pastures:
26%

forests and woodland:
32%

other:
31% (1993 est.)
Languages English, Creole (among Haitian immigrants) -
Legal system based on English common law all members of the UN plus Switzerland are parties to the statute that established the International Court of Justice (ICJ) or World Court
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 1 May 2002 (next to be held by May 2007)


election results: percent of vote by party - PLP 50.8%, FNM 41.1%, independents 5.2%; seats by party - PLP 29, FNM 7, independents 4
-
Life expectancy at birth total population: 69.87 years


male: 66.32 years


female: 73.49 years (2002 est.)
total population:
63.79 years

male:
62.15 years

female:
65.51 years (2001 est.)
Literacy definition: age 15 and over can read and write


total population: 98.2%


male: 98.5%


female: 98% (1995 est.)
-
Location Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida -
Map references Central America and the Caribbean World, Time Zones
Maritime claims exclusive economic zone: 200 NM


territorial sea: 12 NM
contiguous zone:
24 NM claimed by most, but can vary

continental shelf:
200-m depth claimed by most or to depth of exploitation; others claim 200 NM or to the edge of the continental margin

exclusive fishing zone:
200 NM claimed by most, but can vary

exclusive economic zone:
200 NM claimed by most, but can vary

territorial sea:
12 NM claimed by most, but can vary

note:
boundary situations with neighboring states prevent many countries from extending their fishing or economic zones to a full 200 NM; 43 nations and other areas that are landlocked include Afghanistan, Andorra, Armenia, Austria, Azerbaijan, Belarus, Bhutan, Bolivia, Botswana, Burkina Faso, Burundi, Central African Republic, Chad, Czech Republic, Ethiopia, Holy See (Vatican City), Hungary, Kazakhstan, Kyrgyzstan, Laos, Lesotho, Liechtenstein, Luxembourg, Malawi, Mali, Moldova, Mongolia, Nepal, Niger, Paraguay, Rwanda, San Marino, Slovakia, Swaziland, Switzerland, Tajikistan, The Former Yugoslav Republic of Macedonia, Turkmenistan, Uganda, Uzbekistan, West Bank, Zambia, Zimbabwe
Merchant marine total: 1,076 ships (1,000 GRT or over) totaling 31,309,187 GRT/45,859,485 DWT


ships by type: bulk 159, cargo 246, chemical tanker 41, combination bulk 13, combination ore/oil 22, container 80, liquefied gas 28, livestock carrier 2, multi-functional large-load carrier 8, passenger 88, passenger/cargo 1, petroleum tanker 178, railcar carrier 1, refrigerated cargo 120, roll on/roll off 49, short-sea passenger 16, specialized tanker 2, vehicle carrier 22


note: includes some foreign-owned ships registered here as a flag of convenience: Angola 1, Argentina 1, Australia 4, Belgium 18, Bermuda 1, Canada 5, Chile 1, China 3, Croatia 2, Cuba 3, Cyprus 2, Denmark 27, Ecuador 1, Estonia 2, Finland 9, France 15, Germany 26, Greece 173, Hong Kong 6, India 2, Indonesia 2, Ireland 1, Israel 3, Italy 9, Jamaica 1, Japan 32, Kenya 3, Malaysia 10, Malta 2, Monaco 67, Netherlands 32, New Zealand 2, Norway 237, Panama 2, Philippines 3, Poland 13, Reunion 1, Russia 6, Saudi Arabia 9, Singapore 13, Slovenia 1, South Korea 2, Spain 7, Sweden 12, Switzerland 8, Thailand 1, Trinidad and Tobago 2, Turkey 2, Ukraine 2, United Arab Emirates 10, United Kingdom 107, United States 159, Uruguay 1 (2002 est.)
-
Military branches Royal Bahamas Defense Force (Coast Guard only), Royal Bahamas Police Force -
Military expenditures - dollar figure $20 million (FY95/96) aggregate real expenditure on arms worldwide in 1999 remained at approximately the 1998 level, about three-quarters of a trillion dollars (1999 est.)
Military expenditures - percent of GDP 0.7% (FY99) roughly 2% of gross world product (1999 est.)
National holiday Independence Day, 10 July (1973) -
Nationality noun: Bahamian(s)


adjective: Bahamian
-
Natural hazards hurricanes and other tropical storms cause extensive flood and wind damage large areas subject to severe weather (tropical cyclones), natural disasters (earthquakes, landslides, tsunamis, volcanic eruptions)
Natural resources salt, aragonite, timber, arable land the rapid using up of nonrenewable mineral resources, the depletion of forest areas and wetlands, the extinction of animal and plant species, and the deterioration in air and water quality (especially in Eastern Europe, the former USSR, and China) pose serious long-term problems that governments and peoples are only beginning to address
Net migration rate -2.63 migrant(s)/1,000 population (2002 est.) -
Political parties and leaders Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE] -
Political pressure groups and leaders NA -
Population 300,529


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 2002 est.)
6,157,400,560 (July 2001 est.)
Population below poverty line NA% -
Population growth rate 0.86% (2002 est.) 1.25% (2001 est.)
Ports and harbors Freeport, Matthew Town, Nassau Chiba, Houston, Kawasaki, Kobe, Marseille, Mina' al Ahmadi (Kuwait), New Orleans, New York, Rotterdam, Yokohama
Radio broadcast stations AM 3, FM 4, shortwave 0 (1998) AM NA, FM NA, shortwave NA
Radios 215,000 (1997) NA
Railways 0 km total:
1,201,337 km includes about 190,000 to 195,000 km of electrified routes of which 147,760 km are in Europe, 24,509 km in the Far East, 11,050 km in Africa, 4,223 km in South America, and 4,160 km in North America; note - fastest speed in daily service is 300 km/hr attained by France's Societe Nationale des Chemins-de-Fer Francais (SNCF) Le Train a Grande Vitesse (TGV) - Atlantique line

broad gauge:
251,153 km

standard gauge:
710,754 km

narrow gauge:
239,430 km
Religions Baptist 32%, Anglican 20%, Roman Catholic 19%, Methodist 6%, Church of God 6%, other Protestant 12%, none or unknown 3%, other 2% -
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 (2002 est.)
at birth:
1.05 male(s)/female

under 15 years:
1.05 male(s)/female

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

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

total population:
1.05 male(s)/female (2001 est.)
Suffrage 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:
NA

domestic:
NA

international:
NA
Telephones - main lines in use 96,000 (1997) NA
Telephones - mobile cellular 6,152 (1997) NA
Television broadcast stations 1 (1997) NA
Terrain long, flat coral formations with some low rounded hills the greatest ocean depth is the Mariana Trench at 10,924 m in the Pacific Ocean
Total fertility rate 2.28 children born/woman (2002 est.) 2.73 children born/woman (2001 est.)
Unemployment rate 6.9% (2001 est.) 30% combined unemployment and underemployment in many non-industrialized countries; developed countries typically 4%-12% unemployment (2000 est.)
Waterways none -
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