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Compare Bahamas, The (2003) - Bahamas, The (2004)
Compare Bahamas, The (2003) z Bahamas, The (2004)
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| Bahamas, The (2003) | Bahamas, The (2004) | |
 |  | |
| 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: 28.3% (male 42,474; female 42,423)
15-64 years: 65.7% (male 96,825; female 99,985) 65 years and over: 6% (male 7,351; female 10,639) (2004 est.) |
| Airports | 64 (2002) | 63 (2003 est.) |
| 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) |
total: 29
over 3,047 m: 2 2,438 to 3,047 m: 3 1,524 to 2,437 m: 14 914 to 1,523 m: 9 under 914 m: 1 (2004 est.) |
| 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
1,524 to 2,437 m: 3 914 to 1,523 m: 10 under 914 m: 21 (2004 est.) |
| Birth rate | 18.57 births/1,000 population (2003 est.) | 18.22 births/1,000 population (2004 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.) | 8.82 deaths/1,000 population (2004 est.) |
| Debt - external | $371.6 million (2001) | $308.5 million (2002) |
| 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 John D. ROOD
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 |
| Disputes - international | have not been able to agree on a maritime boundary with the US | concerned about migrants fleeing Haiti's deteriorated economic and political conditions |
| 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 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 2001-03. Financial services constitute the second-most important sector of the Bahamian economy, accounting for about 15% of GDP. However, since December 2000, when the government enacted new regulations on the financial sector, many international businesses have left The Bahamas. 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 more than 80% of the visitors. In addition to tourism and banking, the government supports the development of a "third pillar," e-commerce. |
| Electricity - production by source | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (2001) |
- |
| 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 |
party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands
signed, but not ratified: none of the selected agreements |
| Exchange rates | Bahamian dollars per US dollar - 1 (2002), 1 (2001), 1 (2000), 1 (1999), 1 (1998) | Bahamian dollars per US dollar - 1 (2003), 1 (2002), 1 (2001), 1 (2000), 1 (1999) |
| 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 |
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor General Dame 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 - partners | US 39.1%, Germany 15.4%, Spain 10.8%, France 7.4%, Poland 4.6%, Switzerland 4.3% (2002) | US 35%, Spain 9.6%, Germany 7.8%, France 7.6%, Poland 5.3%, Switzerland 4.8%, Peru 4.2%, Paraguay 4.2% (2003) |
| GDP | purchasing power parity - $4.59 billion (2002 est.) | purchasing power parity - $5.049 billion (2003 est.) |
| GDP - composition by sector | agriculture: 3%
industry: 7% services: 90% (1999 est.) |
agriculture: 3%
industry: 7% services: 90% (2001 est.) |
| GDP - per capita | purchasing power parity - $15,300 (2002 est.) | purchasing power parity - $16,700 (2003 est.) |
| GDP - real growth rate | 0.1% (2002 est.) | 0% (2003 est.) |
| Heliports | 1 (2002) | 1 (2003 est.) |
| Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: NA
highest 10%: NA |
| Imports - partners | US 20.3%, South Korea 20.1%, Germany 11.5%, Norway 11.5%, Japan 10%, Italy 7.2% (2002) | US 20.8%, South Korea 17.4%, Italy 11.4%, France 9.1%, Brazil 7.5%, Japan 5.6%, Venezuela 5.3% (2003) |
| Industrial production growth rate | NA% | NA (2002 est.) |
| 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.) |
total: 25.7 deaths/1,000 live births
male: 31.73 deaths/1,000 live births female: 19.55 deaths/1,000 live births (2004 est.) |
| Inflation rate (consumer prices) | 1.8% (2001 est.) | 1.7% (2002 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, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOM, IOC, ITU, LAES, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WTO (observer) |
| Internet Service Providers (ISPs) | 19 (2000) | - |
| Labor force - by occupation | tourism 50%, other services 40%, industry 5%, agriculture 5% (1999 est.) | agriculture 5%, industry 5%, tourism 50%, other services 40% (1999 est.) |
| Land use | arable land: 0.6%
permanent crops: 0.4% other: 99% (1998 est.) |
arable land: 0.8%
permanent crops: 0.4% other: 98.8% (2001) |
| 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 |
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); the government may dissolve the parliament and call elections at any time
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: 65.71 years
male: 62.3 years female: 69.18 years (2003 est.) |
total population: 65.63 years
male: 62.21 years female: 69.11 years (2004 est.) |
| Maritime claims | exclusive economic zone: 200 NM
territorial sea: 12 NM |
territorial sea: 12 nm
exclusive economic zone: 200 nm |
| 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: 1,035 ships (1,000 GRT or over) 31,631,252 GRT/43,025,977 DWT
by type: bulk 165, cargo 188, chemical tanker 45, combination bulk 10, combination ore/oil 17, container 97, liquefied gas 27, livestock carrier 2, multi-functional large load carrier 4, passenger 108, passenger/cargo 1, petroleum tanker 163, refrigerated cargo 133, roll on/roll off 34, short-sea/passenger 18, specialized tanker 3, vehicle carrier 20 foreign-owned: Algeria 1, Australia 7, Belgium 14, Bermuda 1, Canada 4, Chile 1, China 4, Croatia 1, Cuba 3, Cyprus 14, Denmark 49, Estonia 1, Faroe Islands 1, Finland 9, France 21, Germany 13, Gibraltar 1, Greece 163, Hong Kong 9, India 1, Indonesia 3, Ireland 1, Israel 3, Italy 7, Japan 35, Kenya 2, South Korea 1, Latvia 1, Liberia 1, Malaysia 11, Malta 1, Monaco 68, Netherlands 29, New Zealand 1, Norway 231, Panama 2, Philippines 3, Poland 14, Reunion 1, Russia 1, Saudi Arabia 9, Singapore 13, Slovenia 1, Spain 6, Sweden 9, Switzerland 1, Thailand 1, Trinidad and Tobago 2 registered in other countries: 11 (2004 est.) |
| Military branches | Royal Bahamas Defense Force (Coast Guard only), Royal Bahamas Police Force | Royal Bahamas Defense Force (including Coast Guard) |
| Military expenditures - dollar figure | $20 million (FY95/96) | NA |
| Military expenditures - percent of GDP | 0.7% (FY99) | NA |
| Net migration rate | -2.21 migrant(s)/1,000 population (2003 est.) | -2.2 migrant(s)/1,000 population (2004 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.) |
299,697
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 2004 est.) |
| Population below poverty line | NA% | NA |
| Population growth rate | 0.77% (2003 est.) | 0.72% (2004 est.) |
| Radio broadcast stations | AM 3, FM 4, shortwave 0 (1998) | AM 3, FM 5, shortwave 0 (2004) |
| Railways | 0 km | - |
| 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 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 (2004 est.) |
| 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: modern facilities
domestic: totally automatic system; highly developed international: country code - 1-242; tropospheric scatter and submarine cable to Florida; 3 coaxial submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean) (1997) |
| Telephones - main lines in use | 96,000 (1997) | 131,700 (2003) |
| Telephones - mobile cellular | 6,152 (1997) | 121,800 (2002) |
| Television broadcast stations | 1 (1997) | 2 (2004) |
| Total fertility rate | 2.25 children born/woman (2003 est.) | 2.23 children born/woman (2004 est.) |
| Waterways | none | - |
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