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Compare Bahamas, The (2004) - Bahamas, The (2002)

Compare Bahamas, The (2004) z Bahamas, The (2002)

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 Bahamas, The (2004)Bahamas, The (2002)
 Bahamas, TheBahamas, The
Age structure 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.)
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 63 (2003 est.) 67 (2001)
Airports - with paved runways 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.)
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


1,524 to 2,437 m: 3


914 to 1,523 m: 10


under 914 m: 21 (2004 est.)
total: 34 35


1,524 to 2,437 m: 3


914 to 1,523 m: 9


under 914 m: 3 23 (2002)
Birth rate 18.22 births/1,000 population (2004 est.) 18.69 births/1,000 population (2002 est.)
Death rate 8.82 deaths/1,000 population (2004 est.) 7.49 deaths/1,000 population (2002 est.)
Debt - external $308.5 million (2002) $381.9 million (2000)
Diplomatic representation from the US 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
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 concerned about migrants fleeing Haiti's deteriorated economic and political conditions 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 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. 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% (2000)
Environment - international 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
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
Exchange rates Bahamian dollars per US dollar - 1 (2003), 1 (2002), 1 (2001), 1 (2000), 1 (1999) 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 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
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 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 35%, Spain 9.6%, Germany 7.8%, France 7.6%, Poland 5.3%, Switzerland 4.8%, Peru 4.2%, Paraguay 4.2% (2003) US 28.2%, France 16.5%, Germany 14.1%, UK 12.4% (2000)
GDP purchasing power parity - $5.049 billion (2003 est.) purchasing power parity - $5 billion (2001 est.)
GDP - composition by sector agriculture: 3%


industry: 7%


services: 90% (2001 est.)
agriculture: 3%


industry: 7%


services: 90% (1999 est.)
GDP - per capita purchasing power parity - $16,700 (2003 est.) purchasing power parity - $16,800 (2000 est.)
GDP - real growth rate 0% (2003 est.) 3.5% (2001)
Heliports 1 (2003 est.) 1 (2002)
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)
Household income or consumption by percentage share lowest 10%: NA


highest 10%: NA
lowest 10%: NA%


highest 10%: NA%
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 20.8%, South Korea 17.4%, Italy 11.4%, France 9.1%, Brazil 7.5%, Japan 5.6%, Venezuela 5.3% (2003) US 31.6%, South Korea 18.2%, Italy 17.4%, Japan 5.8% (2000)
Industrial production growth rate NA (2002 est.) NA%
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: 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.)
17.08 deaths/1,000 live births (2002 est.)
Inflation rate (consumer prices) 1.7% (2002 est.) 1.5% (2001 est.)
International organization participation 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) 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)
Labor force - by occupation agriculture 5%, industry 5%, tourism 50%, other services 40% (1999 est.) tourism 40%, other services 50%, industry 5%, agriculture 5% (1995 est.)
Land use arable land: 0.8%


permanent crops: 0.4%


other: 98.8% (2001)
arable land: 0.6%


permanent crops: 0.4%


other: 99% (1998 est.)
Languages English (official), Creole (among Haitian immigrants) English, Creole (among Haitian immigrants)
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); 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
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: 65.63 years


male: 62.21 years


female: 69.11 years (2004 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
Maritime claims territorial sea: 12 nm


exclusive economic zone: 200 nm
exclusive economic zone: 200 NM


territorial sea: 12 NM
Merchant marine 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.)
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 (including Coast Guard) Royal Bahamas Defense Force (Coast Guard only), Royal Bahamas Police Force
Military expenditures - dollar figure NA $20 million (FY95/96)
Military expenditures - percent of GDP NA 0.7% (FY99)
Net migration rate -2.2 migrant(s)/1,000 population (2004 est.) -2.63 migrant(s)/1,000 population (2002 est.)
Population 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.)
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 below poverty line NA NA%
Population growth rate 0.72% (2004 est.) 0.86% (2002 est.)
Radio broadcast stations AM 3, FM 5, shortwave 0 (2004) AM 3, FM 4, shortwave 0 (1998)
Radios - 215,000 (1997)
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 (2004 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.)
Telephone system 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)
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)
Telephones - main lines in use 131,700 (2003) 96,000 (1997)
Telephones - mobile cellular 121,800 (2002) 6,152 (1997)
Television broadcast stations 2 (2004) 1 (1997)
Total fertility rate 2.23 children born/woman (2004 est.) 2.28 children born/woman (2002 est.)
Waterways - none
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