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Compare Bahamas, The (2003) - Bahamas, The (2002)

Compare Bahamas, The (2003) z Bahamas, The (2002)

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 Bahamas, The (2003)Bahamas, The (2002)
 Bahamas, TheBahamas, The
Age structure 0-14 years: 28.8% (male 42,799; female 42,730)


15-64 years: 65.4% (male 95,718; female 98,875)


65 years and over: 5.8% (male 7,092; female 10,263) (2003 est.)
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.)
Airports 64 (2002) 67 (2001)
Airports - with unpaved runways total: 34


1,524 to 2,437 m: 3


914 to 1,523 m: 9


under 914 m: 22 (2002)
total: 34 35


1,524 to 2,437 m: 3


914 to 1,523 m: 9


under 914 m: 3 23 (2002)
Birth rate 18.57 births/1,000 population (2003 est.) 18.69 births/1,000 population (2002 est.)
Budget revenues: $918.5 million


expenditures: $956.5 million, including capital expenditures of $106.7 million (FY 99/00)
revenues: $918.5 million


expenditures: $956.5 million, including capital expenditures of $106.7 million (FY99/00)
Death rate 8.68 deaths/1,000 population (2003 est.) 7.49 deaths/1,000 population (2002 est.)
Debt - external $371.6 million (2001) $381.9 million (2000)
Diplomatic representation from the US chief of mission: Ambassador (vacant); Charge d'Affairs Robert M. WITAJEWSKI


embassy: 42 Queen Street, Nassau


mailing address: local or express mail address: P. O. Box N-8197, Nassau; Department of State, 3370 Nassau Place, Washington, DC 20521-3370


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


FAX: [1] (242) 356-0222
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
Disputes - international have not been able to agree on a maritime boundary with the US none
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 half of the archipelago's labor force. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth in recent years, but the slowdown in the US economy and the attacks of 11 September 2001 held back growth in these sectors in 2002. 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 most of the visitors. 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.
Electricity - consumption 1.451 billion kWh (2001) 1.432 billion kWh (2000)
Electricity - exports 0 kWh (2001) 0 kWh (2000)
Electricity - imports 0 kWh (2001) 0 kWh (2000)
Electricity - production 1.56 billion kWh (2001) 1.54 billion kWh (2000)
Electricity - production by source fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (2001)
fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (2000)
Exchange rates Bahamian dollars per US dollar - 1 (2002), 1 (2001), 1 (2000), 1 (1999), 1 (1998) Bahamian dollars per US dollar - 1.000 (fixed rate pegged to the dollar)
Exports NA (2001) $535.8 million (2000)
Exports - commodities fish and crawfish; rum, salt, chemicals; fruit and vegetables fish and crawfish; rum, salt, chemicals; fruit and vegetables (1999)
Exports - partners US 39.1%, Germany 15.4%, Spain 10.8%, France 7.4%, Poland 4.6%, Switzerland 4.3% (2002) US 28.2%, France 16.5%, Germany 14.1%, UK 12.4% (2000)
GDP purchasing power parity - $4.59 billion (2002 est.) purchasing power parity - $5 billion (2001 est.)
GDP - per capita purchasing power parity - $15,300 (2002 est.) purchasing power parity - $16,800 (2000 est.)
GDP - real growth rate 0.1% (2002 est.) 3.5% (2001)
Highways total: 2,693 km


paved: 1,546 km


unpaved: 1,147 km (1999 est.)
total: 2,693 km


paved: 1,546 km


unpaved: 1,147 km (1997)
Imports NA (2001) $1.88 billion (2000)
Imports - commodities machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals (1999)
Imports - partners US 20.3%, South Korea 20.1%, Germany 11.5%, Norway 11.5%, Japan 10%, Italy 7.2% (2002) US 31.6%, South Korea 18.2%, Italy 17.4%, Japan 5.8% (2000)
Industries tourism, banking, e-commerce, cement, oil refining and transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe tourism, banking, cement, oil refining and transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Infant mortality rate total: 26.21 deaths/1,000 live births


male: 32.45 deaths/1,000 live births


female: 19.83 deaths/1,000 live births (2003 est.)
17.08 deaths/1,000 live births (2002 est.)
Inflation rate (consumer prices) 1.8% (2001 est.) 1.5% (2001 est.)
International organization participation ACP, C, Caricom, CDB, ECLAC, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITU, LAES, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WTrO (observer) 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)
Labor force - by occupation tourism 50%, other services 40%, industry 5%, agriculture 5% (1999 est.) tourism 40%, other services 50%, industry 5%, agriculture 5% (1995 est.)
Languages English (official), Creole (among Haitian immigrants) English, Creole (among Haitian immigrants)
Life expectancy at birth total population: 65.71 years


male: 62.3 years


female: 69.18 years (2003 est.)
total population: 69.87 years


male: 66.32 years


female: 73.49 years (2002 est.)
Literacy definition: age 15 and over can read and write


total population: 95.6%


male: 94.7%


female: 96.5% (2003 est.)
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, northeast of Cuba Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida
Merchant marine total: 1,090 ships (1,000 GRT or over) 33,065,778 GRT/46,202,085 DWT


ships by type: bulk 150, cargo 223, chemical tanker 45, combination bulk 12, combination ore/oil 18, container 108, liquefied gas 26, livestock carrier 2, multi-functional large-load carrier 8, passenger 102, passenger/cargo 1, petroleum tanker 178, refrigerated cargo 135, roll on/roll off 40, short-sea passenger 17, specialized tanker 2, vehicle carrier 23


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.)
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.)
Net migration rate -2.21 migrant(s)/1,000 population (2003 est.) -2.63 migrant(s)/1,000 population (2002 est.)
Population 297,477


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 2003 est.)
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.)
Population growth rate 0.77% (2003 est.) 0.86% (2002 est.)
Radios - 215,000 (1997)
Sex ratio at birth: 1.02 male(s)/female


under 15 years: 1 male(s)/female


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


65 years and over: 0.69 male(s)/female


total population: 0.96 male(s)/female (2003 est.)
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.)
Total fertility rate 2.25 children born/woman (2003 est.) 2.28 children born/woman (2002 est.)
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