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Compare Bahamas, The (2004) - Bermuda (2005)
Compare Bahamas, The (2004) z Bermuda (2005)
| Bahamas, The (2004) | Bermuda (2005) | |
 |  | |
| 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 | 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick |
| 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: 18.9% (male 6,177/female 6,154)
15-64 years: 69.2% (male 22,422/female 22,828) 65 years and over: 11.9% (male 3,378/female 4,406) (2005 est.) |
| Agriculture - products | citrus, vegetables; poultry | bananas, vegetables, citrus, flowers; dairy products |
| Airports | 63 (2003 est.) | 1 (2004 est.) |
| 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: 1
2,438 to 3,047 m: 1 (2004 est.) |
| 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.) |
- |
| Area | total: 13,940 sq km
land: 10,070 sq km water: 3,870 sq km |
total: 53.3 sq km
land: 53.3 sq km water: 0 sq km |
| Area - comparative | slightly smaller than Connecticut | about one-third the size of Washington, DC |
| 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. | Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Tourism to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. Bermuda has developed into a highly successful offshore financial center. A referendum on independence was soundly defeated in 1995. |
| Birth rate | 18.22 births/1,000 population (2004 est.) | 11.6 births/1,000 population (2005 est.) |
| Budget | revenues: $918.5 million
expenditures: $956.5 million, including capital expenditures of $106.7 million (FY99/00) |
revenues: $671.1 million
expenditures: $594.6 million, including capital expenditures of $55 million (FY03/04) |
| Capital | Nassau | Hamilton |
| Climate | tropical marine; moderated by warm waters of Gulf Stream | subtropical; mild, humid; gales, strong winds common in winter |
| Coastline | 3,542 km | 103 km |
| Constitution | 10 July 1973 | 8 June 1968; amended 1989 and 2003 |
| Country name | conventional long form: Commonwealth of The Bahamas
conventional short form: The Bahamas |
conventional long form: none
conventional short form: Bermuda former: Somers Islands |
| Currency | Bahamian dollar (BSD) | - |
| Death rate | 8.82 deaths/1,000 population (2004 est.) | 7.63 deaths/1,000 population (2005 est.) |
| Debt - external | $308.5 million (2002) | $160 million (FY99/00) |
| Dependency status | - | overseas territory of the UK |
| 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: Deputy Chief of Mission Antoinette BOECKER
consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3 mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, Department of State, 5300 Hamilton Place, Washington, DC 20520-5300 telephone: [1] (441) 295-1342 FAX: [1] (441) 295-1592, [1] (441) 296-9233 |
| 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 |
none (overseas territory of the UK) |
| Disputes - international | concerned about migrants fleeing Haiti's deteriorated economic and political conditions | none |
| Economic aid - recipient | $9.8 million (1995) | NA |
| 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. | Bermuda enjoys one of the highest per capita incomes in the world, nearly equal to that of the US. Its economy is primarily based on providing financial services for international business and luxury facilities for tourists. The effects of 11 September 2001 have had both positive and negative ramifications for Bermuda. On the positive side, a number of new reinsurance companies have located on the island, contributing to the expansion of an already robust international business sector. On the negative side, Bermuda's tourism industry - which derives over 80% of its visitors from the US - was severely hit as American tourists chose not to travel. Tourism rebounded somewhat in 2002-04. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important; the average cost of a house in June 2003 had risen to $976,000. Agriculture is limited, only 20% of the land being arable. |
| Electricity - consumption | 1.451 billion kWh (2001) | 598 million kWh (2002) |
| Electricity - exports | 0 kWh (2001) | 0 kWh (2002) |
| Electricity - imports | 0 kWh (2001) | 0 kWh (2002) |
| Electricity - production | 1.56 billion kWh (2001) | 643 million kWh (2002) |
| Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Mount Alvernia, on Cat Island 63 m |
lowest point: Atlantic Ocean 0 m
highest point: Town Hill 76 m |
| Environment - current issues | coral reef decay; solid waste disposal | asbestos disposal; water pollution; preservation of open space; sustainable development |
| 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 |
- |
| Ethnic groups | black 85%, white 12%, Asian and Hispanic 3% | black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census) |
| Exchange rates | Bahamian dollars per US dollar - 1 (2003), 1 (2002), 1 (2001), 1 (2000), 1 (1999) | Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US 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 Sir John VEREKER (since 11 April 2002)
head of government: Premier William Alexander SCOTT (since 24 July 2003); Deputy Premier Ewart BROWN cabinet: Cabinet nominated by the premier, appointed by the governor elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor |
| Exports | NA (2001) | NA |
| Exports - commodities | fish and crawfish; rum, salt, chemicals; fruit and vegetables | reexports of pharmaceuticals |
| 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) | France 73.2%, UK 6.2%, Spain 2.4% (2004) |
| Fiscal year | 1 July - 30 June | 1 April - 31 March |
| Flag description | three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side | red, with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and green shield with a red lion holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag |
| GDP | purchasing power parity - $5.049 billion (2003 est.) | - |
| GDP - composition by sector | agriculture: 3%
industry: 7% services: 90% (2001 est.) |
agriculture: 1%
industry: 10% services: 89% (2002 est.) |
| GDP - per capita | purchasing power parity - $16,700 (2003 est.) | purchasing power parity - $36,000 (2003 est.) |
| GDP - real growth rate | 0% (2003 est.) | 2% (2003 est.) |
| Geographic coordinates | 24 15 N, 76 00 W | 32 20 N, 64 45 W |
| Geography - note | strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited | consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land was leased by US Government from 1941 to 1995 |
| Heliports | 1 (2003 est.) | - |
| Highways | total: 2,693 km
paved: 1,546 km unpaved: 1,147 km (1999 est.) |
total: 450 km
paved: 450 km unpaved: 0 km note: public roads - 209 km; private roads - 241 km (2002) |
| 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 | NA (2001) | NA |
| Imports - commodities | machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals | machinery and transport equipment, construction materials, chemicals, food and live animals |
| 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) | Kazakhstan 39.2%, France 16.2%, Japan 13.1%, Italy 9.2%, South Korea 8.8%, US 6.4% (2004) |
| Independence | 10 July 1973 (from UK) | none (overseas territory of the UK) |
| 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, international business, light manufacturing |
| 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.) |
total: 8.53 deaths/1,000 live births
male: 10.14 deaths/1,000 live births female: 6.9 deaths/1,000 live births (2005 est.) |
| Inflation rate (consumer prices) | 1.7% (2002 est.) | 3.3% (mid-2003 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) | Caricom (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO, Egmont Group, Caribbean Financial Action Task Force |
| Irrigated land | NA sq km | NA |
| Judicial branch | Supreme Court; Court of Appeal; magistrates courts | Supreme Court; Court of Appeal; Magistrate Courts |
| Labor force | 156,000 (1999) | 37,470 (2000) |
| Labor force - by occupation | agriculture 5%, industry 5%, tourism 50%, other services 40% (1999 est.) | agriculture and fishing 3%, laborers 17%, clerical 22%, professional and technical 17%, administrative and managerial 13%, sales 8%, services 20% (2000 est.) |
| Land boundaries | 0 km | 0 km |
| Land use | arable land: 0.8%
permanent crops: 0.4% other: 98.8% (2001) |
arable land: 20%
permanent crops: 0% other: 80% (55% developed, 45% rural/open space) (2001) |
| Languages | English (official), Creole (among Haitian immigrants) | English (official), Portuguese |
| Legal system | based on English common law | English law |
| 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 (an 11-member body appointed by the governor, the premier, and the opposition) and the House of Assembly (36 seats; members are elected by popular vote to serve up to five-year terms)
elections: last general election held 24 July 2003 (next to be held July 2008) election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, UBP 14 |
| Life expectancy at birth | total population: 65.63 years
male: 62.21 years female: 69.11 years (2004 est.) |
total population: 77.79 years
male: 75.7 years female: 79.91 years (2005 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% male: 98% female: 99% (1970 est.) |
| Location | Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba | North America, group of islands in the North Atlantic Ocean, east of South Carolina (US) |
| Map references | Central America and the Caribbean | North America |
| Maritime claims | territorial sea: 12 nm
exclusive economic zone: 200 nm |
territorial sea: 12 nm
exclusive fishing zone: 200 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: 108 ships (1,000 GRT or over) 4,845,326 GRT/6,501,782 DWT
by type: bulk carrier 22, cargo 6, container 22, liquefied gas 13, passenger 13, passenger/cargo 6, petroleum tanker 8, refrigerated cargo 11, roll on/roll off 7 foreign-owned: 103 (Australia 2, Canada 20, Finland 2, Germany 1, Greece 1, Hong Kong 5, Indonesia 1, Nigeria 8, Norway 5, Sweden 9, Switzerland 2, United Kingdom 27, United States 20) registered in other countries: 1 (2005) |
| Military - note | - | defense is the responsibility of the UK |
| Military branches | Royal Bahamas Defense Force (including Coast Guard) | Bermuda Regiment |
| Military expenditures - dollar figure | NA | $4.03 million (2001) |
| Military expenditures - percent of GDP | NA | 0.11% (FY00/01) |
| National holiday | Independence Day, 10 July (1973) | Bermuda Day, 24 May |
| Nationality | noun: Bahamian(s)
adjective: Bahamian |
noun: Bermudian(s)
adjective: Bermudian |
| Natural hazards | hurricanes and other tropical storms cause extensive flood and wind damage | hurricanes (June to November) |
| Natural resources | salt, aragonite, timber, arable land | limestone, pleasant climate fostering tourism |
| Net migration rate | -2.2 migrant(s)/1,000 population (2004 est.) | 2.45 migrant(s)/1,000 population (2005 est.) |
| Political parties and leaders | Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE] | Progressive Labor Party or PLP [William Alexander SCOTT]; United Bermuda Party or UBP [Grant GIBBONS] |
| Political pressure groups and leaders | NA | Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES] |
| 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.) |
65,365 (July 2005 est.) |
| Population below poverty line | NA | 19% (2000) |
| Population growth rate | 0.72% (2004 est.) | 0.64% (2005 est.) |
| Ports and harbors | Freeport, Matthew Town, Nassau | Hamilton, Saint George |
| Radio broadcast stations | AM 3, FM 5, shortwave 0 (2004) | AM 5, FM 3, shortwave 0 (2004) |
| Religions | Baptist 32%, Anglican 20%, Roman Catholic 19%, Methodist 6%, Church of God 6%, other Protestant 12%, none or unknown 3%, other 2% | Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (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 (2004 est.) |
at birth: 1.02 male(s)/female
under 15 years: 1 male(s)/female 15-64 years: 0.98 male(s)/female 65 years and over: 0.77 male(s)/female total population: 0.96 male(s)/female (2005 est.) |
| Suffrage | 18 years of age; universal | 18 years of age; universal |
| 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: good
domestic: fully automatic digital telephone system; fiber optic trunk lines international: country code - 1-441; 3 fiber optic submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean) |
| Telephones - main lines in use | 131,700 (2003) | 56,000 (2002) |
| Telephones - mobile cellular | 121,800 (2002) | 37,873 (2003) |
| Television broadcast stations | 2 (2004) | 4 (2004) |
| Terrain | long, flat coral formations with some low rounded hills | low hills separated by fertile depressions |
| Total fertility rate | 2.23 children born/woman (2004 est.) | 1.89 children born/woman (2005 est.) |
| Unemployment rate | 6.9% (2001 est.) | 5% (2002 est.) |
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