Compare Bahamas, The (2003) - Bahamas, The (2007)

Compare Bahamas, The (2003) z Bahamas, The (2007)

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	Bahamas, The (2003)	Bahamas, The (2007)

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: 27% (male 41,268/female 41,186) 15-64 years: 66.5% (male 99,961/female 103,230) 65 years and over: 6.5% (male 8,176/female 11,834) (2007 est.)
Airports	64 (2002)	62 (2007)
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: 24 over 3,047 m: 2 2,438 to 3,047 m: 3 1,524 to 2,437 m: 12 914 to 1,523 m: 7 (2007)
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: 38 1,524 to 2,437 m: 5 914 to 1,523 m: 11 under 914 m: 22 (2007)
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.	Lucayan 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 Europe, and its territory is used for smuggling illegal migrants into the US.
Birth rate	18.57 births/1,000 population (2003 est.)	17.3 births/1,000 population (2007 est.)
Budget	revenues: $918.5 million expenditures: $956.5 million, including capital expenditures of $106.7 million (FY 99/00)	revenues: $1.03 billion expenditures: $1.03 billion (FY04/05)
Capital	Nassau	name: Nassau geographic coordinates: 25 05 N, 77 21 W time difference: UTC-5 (same time as Washington, DC during Standard Time) daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November
Currency	Bahamian dollar (BSD)	-
Death rate	8.68 deaths/1,000 population (2003 est.)	9.13 deaths/1,000 population (2007 est.)
Debt - external	$371.6 million (2001)	$342.6 million (2004 est.)
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 Ned L. SIEGEL embassy: 42 Queen Street, Nassau mailing address: local or express mail address: P. O. Box N-8197, Nassau; US Department of State, 3370 Nassau Place, Washington, DC 20521-3370 telephone: [1] (242) 322-1181, 356-3229 (after hours) 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	chief of mission: vacant chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 319-2660 FAX: [1] (202) 319-2668 consulate(s) general: Miami, New York
Disputes - international	have not been able to agree on a maritime boundary with the US	disagrees with the US on the alignment of a potential maritime boundary; continues to monitor and interdict drug dealers and Haitian refugees in Bahamian waters
Economic aid - recipient	$9.8 million (1995)	$4.78 million (2004)
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 together with tourism-driven construction and manufacturing accounts for approximately 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. The current government has presided over a period of economic recovery and an upturn in large-scale private sector investments in tourism. 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.
Electricity - consumption	1.451 billion kWh (2001)	1.762 billion kWh (2005)
Electricity - exports	0 kWh (2001)	0 kWh (2005)
Electricity - imports	0 kWh (2001)	0 kWh (2005)
Electricity - production	1.56 billion kWh (2001)	1.894 billion kWh (2005)
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 (2006), 1 (2005), 1 (2004), 1 (2003), 1 (2002)
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 Arthur D. HANNA (since 1 February 2006) head of government: Prime Minister Hubert A. INGRAHAM (since 4 May 2007) 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	NA (2001)	transshipments of 41,290 bbl/day (2004)
Exports - commodities	fish and crawfish; rum, salt, chemicals; fruit and vegetables	mineral products and salt, animal products, rum, chemicals, fruit and vegetables
Exports - partners	US 39.1%, Germany 15.4%, Spain 10.8%, France 7.4%, Poland 4.6%, Switzerland 4.3% (2002)	Spain 23.8%, US 21.1%, Poland 14.4%, Germany 7.3%, UK 6.1%, Guatemala 5.2% (2006)
GDP	purchasing power parity - $4.59 billion (2002 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.)	-
GDP - real growth rate	0.1% (2002 est.)	4% (2006 est.)
Heliports	1 (2002)	1 (2007)
Highways	total: 2,693 km paved: 1,546 km unpaved: 1,147 km (1999 est.)	-
Household income or consumption by percentage share	lowest 10%: NA% highest 10%: NA%	lowest 10%: NA% highest 10%: 27% (2000)
Imports	NA (2001)	NA bbl/day
Imports - partners	US 20.3%, South Korea 20.1%, Germany 11.5%, Norway 11.5%, Japan 10%, Italy 7.2% (2002)	US 24.5%, Brazil 15.6%, Japan 13%, South Korea 7.8%, Spain 7.1% (2006)
Industries	tourism, banking, e-commerce, cement, oil refining and transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe	tourism, banking, cement, oil 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.)	total: 24.17 deaths/1,000 live births male: 29.58 deaths/1,000 live births female: 18.65 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices)	1.8% (2001 est.)	1.2% (2004)
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, IMSO, Interpol, IOC, IOM, ITSO, ITU, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO (observer)
Internet Service Providers (ISPs)	19 (2000)	-
Irrigated land	NA sq km	10 sq km (2003)
Judicial branch	Supreme Court; Court of Appeal; magistrates courts	Privy Council (London); Courts of Appeal; Supreme (lower) Court; magistrates courts
Labor force	156,000 (1999)	176,300 (2004)
Labor force - by occupation	tourism 50%, other services 40%, industry 5%, agriculture 5% (1999 est.)	agriculture 5%, industry 5%, tourism 50%, other services 40% (2005 est.)
Land use	arable land: 0.6% permanent crops: 0.4% other: 99% (1998 est.)	arable land: 0.58% permanent crops: 0.29% other: 99.13% (2005)
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 seats; members appointed by the governor general upon the advice of the prime minister and the opposition leader to serve five-year terms) and the House of Assembly (41 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 2 May 2007 (next to be called by May 2012) election results: percent of vote by party - FNM 49.86%, PLP 47.02%; seats by party - FNM 23, PLP 18
Life expectancy at birth	total population: 65.71 years male: 62.3 years female: 69.18 years (2003 est.)	total population: 65.66 years male: 62.37 years female: 69.02 years (2007 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: 1,213 ships (1000 GRT or over) 40,403,455 GRT/54,276,183 DWT by type: barge carrier 1, bulk carrier 225, cargo 240, chemical tanker 84, combination ore/oil 13, container 72, liquefied gas 49, livestock carrier 2, passenger 117, passenger/cargo 34, petroleum tanker 196, refrigerated cargo 118, roll on/roll off 18, specialized tanker 4, specialized tanker 1, vehicle carrier 39 foreign-owned: 1,134 (Angola 6, Australia 3, Belgium 15, Bermuda 12, Brazil 1, Canada 13, China 9, Croatia 1, Cuba 1, Cyprus 20, Denmark 66, Finland 8, France 43, Germany 40, Greece 214, Hong Kong 3, Iceland 1, Indonesia 3, Ireland 2, Italy 1, Japan 62, Jordan 2, Kenya 1, Malaysia 11, Monaco 11, Montenegro 2, Netherlands 24, Nigeria 2, Norway 232, Philippines 1, Poland 15, Russia 5, Saudi Arabia 15, Singapore 9, Slovenia 1, South Africa 1, Spain 11, Sweden 5, Switzerland 2, Taiwan 1, Thailand 1, Trinidad and Tobago 1, Turkey 5, UAE 20, UK 68, US 162, Uruguay 1, Venezuela 1) registered in other countries: 3 (Barbados 1, Panama 2) (2007)
Military branches	Royal Bahamas Defense Force (Coast Guard only), Royal Bahamas Police Force	Royal Bahamian Defense Force: Land Force, Navy, Air Wing (2007)
Military expenditures - dollar figure	$20 million (FY95/96)	-
Military expenditures - percent of GDP	0.7% (FY99)	0.5% (2006)
Net migration rate	-2.21 migrant(s)/1,000 population (2003 est.)	-2.15 migrant(s)/1,000 population (2007 est.)
Political parties and leaders	Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE]	Free National Movement or FNM [Hubert INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE]
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.)	305,655 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 2007 est.)
Population below poverty line	NA%	9.3% (2004)
Population growth rate	0.77% (2003 est.)	0.602% (2007 est.)
Ports and harbors	Freeport, Matthew Town, Nassau	-
Radio broadcast stations	AM 3, FM 4, shortwave 0 (1998)	AM 3, FM 5, shortwave 0 (2006)
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%	Baptist 35.4%, Anglican 15.1%, Roman Catholic 13.5%, Pentecostal 8.1%, Church of God 4.8%, Methodist 4.2%, other Christian 15.2%, none or unspecified 2.9%, other 0.8% (2000 census)
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: 1.002 male(s)/female 15-64 years: 0.968 male(s)/female 65 years and over: 0.691 male(s)/female total population: 0.956 male(s)/female (2007 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; the Bahamas Domestic Submarine Network links 14 of the islands and is designed to satisfy increasing demand for voice and broadband internet services international: country code - 1-242; landing point for the Americas Region Caribbean Ring System (ARCOS-1) fiber-optic submarine cable that provides links to South and Central America, parts of the Caribbean, and the US; satellite earth station - 2 (2007)
Telephones - main lines in use	96,000 (1997)	133,100 (2005)
Telephones - mobile cellular	6,152 (1997)	227,800 (2005)
Television broadcast stations	1 (1997)	2 (2006)
Total fertility rate	2.25 children born/woman (2003 est.)	2.15 children born/woman (2007 est.)
Unemployment rate	6.9% (2001 est.)	10.2% (2005 est.)
Waterways	none	-

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