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Compare Bahamas, The (2004) - Cayman Islands (2001)
Compare Bahamas, The (2004) z Cayman Islands (2001)
| Bahamas, The (2004) | Cayman Islands (2001) | |
 |  | |
| 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 | 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western |
| 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:
22.21% (male 3,807; female 4,084) 15-64 years: 69.74% (male 12,102; female 12,676) 65 years and over: 8.05% (male 1,318; female 1,540) (2001 est.) |
| Agriculture - products | citrus, vegetables; poultry | vegetables, fruit; livestock, turtle farming |
| Airports | 63 (2003 est.) | 3 (2000 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:
2 1,524 to 2,437 m: 2 (2000 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.) |
total:
1 914 to 1,523 m: 1 (2000 est.) |
| Area | total: 13,940 sq km
land: 10,070 sq km water: 3,870 sq km |
total:
259 sq km land: 259 sq km water: 0 sq km |
| Area - comparative | slightly smaller than Connecticut | 1.5 times 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. | The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica from 1863, they remained a British dependency after 1962 when the former became independent. |
| Birth rate | 18.22 births/1,000 population (2004 est.) | 13.79 births/1,000 population (2001 est.) |
| Budget | revenues: $918.5 million
expenditures: $956.5 million, including capital expenditures of $106.7 million (FY99/00) |
revenues:
$265.2 million expenditures: $248.9 million, including capital expenditures of $NA (1997) |
| Capital | Nassau | George Town |
| Climate | tropical marine; moderated by warm waters of Gulf Stream | tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) |
| Coastline | 3,542 km | 160 km |
| Constitution | 10 July 1973 | 1959, revised 1972 and 1992 |
| Country name | conventional long form: Commonwealth of The Bahamas
conventional short form: The Bahamas |
conventional long form:
none conventional short form: Cayman Islands |
| Currency | Bahamian dollar (BSD) | Caymanian dollar (KYD) |
| Death rate | 8.82 deaths/1,000 population (2004 est.) | 5.15 deaths/1,000 population (2001 est.) |
| Debt - external | $308.5 million (2002) | $70 million (1996) |
| 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 |
none (overseas territory of the UK) |
| 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. | With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1997, including almost 600 banks and trust companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1.2 million visitors in 1997. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world. |
| Electricity - consumption | 1.451 billion kWh (2001) | 306.9 million kWh (1999) |
| Electricity - exports | 0 kWh (2001) | 0 kWh (1999) |
| Electricity - imports | 0 kWh (2001) | 0 kWh (1999) |
| Electricity - production | 1.56 billion kWh (2001) | 330 million kWh (1999) |
| Electricity - production by source | - | fossil fuel:
100% hydro: 0% nuclear: 0% other: 0% (1999) |
| Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Mount Alvernia, on Cat Island 63 m |
lowest point:
Caribbean Sea 0 m highest point: The Bluff 43 m |
| Environment - current issues | coral reef decay; solid waste disposal | no natural fresh water resources; drinking water supplies must be met by rainwater catchment |
| 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% | mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% |
| Exchange rates | Bahamian dollars per US dollar - 1 (2003), 1 (2002), 1 (2001), 1 (2000), 1 (1999) | Caymanian dollars per US dollar - 0.83 (3 November 1995), 0.85 (22 November 1993) |
| 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); Governor and President of the Executive Council Peter SMITH (since 5 May 1999) head of government: Kurt TIBBETTS (since November 2000) cabinet: Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly) elections: none; the monarch is hereditary; the governor is appointed by the monarch |
| Exports | NA (2001) | $1.5 million (1998) |
| Exports - commodities | fish and crawfish; rum, salt, chemicals; fruit and vegetables | turtle products, manufactured consumer goods |
| 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) | mostly US |
| 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 | blue, with the flag of the UK in the upper hoist-side quadrant and the Caymanian coat of arms on a white disk centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS |
| GDP | purchasing power parity - $5.049 billion (2003 est.) | purchasing power parity - $930 million (1997 est.) |
| GDP - composition by sector | agriculture: 3%
industry: 7% services: 90% (2001 est.) |
agriculture:
1.4% industry: 3.2% services: 95.4% (1994 est.) |
| GDP - per capita | purchasing power parity - $16,700 (2003 est.) | purchasing power parity - $24,500 (1997 est.) |
| GDP - real growth rate | 0% (2003 est.) | 4.9% (1999 est.) |
| Geographic coordinates | 24 15 N, 76 00 W | 19 30 N, 80 30 W |
| Geography - note | strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited | important location between Cuba and Central America |
| Heliports | 1 (2003 est.) | - |
| Highways | total: 2,693 km
paved: 1,546 km unpaved: 1,147 km (1999 est.) |
total:
406 km paved: 304 km unpaved: 102 km |
| 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 | vulnerable to drug money laundering and drug transshipment to the US and Europe |
| Imports | NA (2001) | $507.6 million (1998) |
| Imports - commodities | machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals | foodstuffs, manufactured goods |
| 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, Trinidad and Tobago, UK, Netherlands Antilles, Japan |
| 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, banking, insurance and finance, construction, construction materials, furniture |
| 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.) |
10.16 deaths/1,000 live births (2001 est.) |
| Inflation rate (consumer prices) | 1.7% (2002 est.) | 3% (1998) |
| 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 (observer), CDB, Interpol (subbureau), IOC, UNESCO (associate) |
| Internet Service Providers (ISPs) | - | 16 (2000) |
| Irrigated land | NA sq km | NA sq km |
| Judicial branch | Supreme Court; Court of Appeal; magistrates courts | Summary Court; Grand Court; Cayman Islands Court of Appeal |
| Labor force | 156,000 (1999) | 19,820 (1995) |
| Labor force - by occupation | agriculture 5%, industry 5%, tourism 50%, other services 40% (1999 est.) | agriculture 1.4%, industry 12.6%, services 86% (1995) |
| Land boundaries | 0 km | 0 km |
| Land use | arable land: 0.8%
permanent crops: 0.4% other: 98.8% (2001) |
arable land:
0% permanent crops: 0% permanent pastures: 8% forests and woodland: 23% other: 69% (1993 est.) |
| Languages | English (official), Creole (among Haitian immigrants) | English |
| Legal system | based on English common law | British common law and local statutes |
| 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 |
unicameral Legislative Assembly (18 seats, three appointed members and 15 elected by popular vote; members serve four-year terms)
elections: last held 8 November 2000 (next to be held NA November 2004) election results: percent of vote - NA%; seats - NA |
| Life expectancy at birth | total population: 65.63 years
male: 62.21 years female: 69.11 years (2004 est.) |
total population:
79.03 years male: 76.24 years female: 81.43 years (2001 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 has ever attended school total population: 98% male: 98% female: 98% (1970 est.) |
| Location | Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba | Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras |
| Map references | Central America and the Caribbean | Central America and the Caribbean |
| Maritime claims | territorial sea: 12 nm
exclusive economic zone: 200 nm |
exclusive fishing 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:
106 ships (1,000 GRT or over) totaling 1,656,452 GRT/2,643,036 DWT ships by type: bulk 21, cargo 5, chemical tanker 27, container 4, liquefied gas 1, petroleum tanker 13, refrigerated cargo 30, roll on/roll off 4, specialized tanker 1 note: includes some foreign-owned ships registered here as a flag of convenience: Cyprus 2, Denmark 2, Finland 1, Greece 11, Norway 3, UK 3, US 3 (2000 est.) |
| Military - note | - | defense is the responsibility of the UK |
| Military branches | Royal Bahamas Defense Force (including Coast Guard) | Royal Cayman Islands Police Force (RCIPF) |
| Military expenditures - dollar figure | NA | - |
| Military expenditures - percent of GDP | NA | - |
| National holiday | Independence Day, 10 July (1973) | Constitution Day, first Monday in July |
| Nationality | noun: Bahamian(s)
adjective: Bahamian |
noun:
Caymanian(s) adjective: Caymanian |
| Natural hazards | hurricanes and other tropical storms cause extensive flood and wind damage | hurricanes (July to November) |
| Natural resources | salt, aragonite, timber, arable land | fish, climate and beaches that foster tourism |
| Net migration rate | -2.2 migrant(s)/1,000 population (2004 est.) | 12.58 migrant(s)/1,000 population (2001 est.)
note: major destination for Cubans trying to migrate to the US |
| Political parties and leaders | Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE] | there are no formal political parties but the following loose groupings act as political organizations; National Team; Democratic Alliance; Team Cayman |
| Political pressure groups and leaders | NA | NA |
| 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.) |
35,527 (July 2001 est.) |
| Population below poverty line | NA | NA% |
| Population growth rate | 0.72% (2004 est.) | 2.12% (2001 est.) |
| Ports and harbors | Freeport, Matthew Town, Nassau | Cayman Brac, George Town |
| Radio broadcast stations | AM 3, FM 5, shortwave 0 (2004) | AM 1, FM 5, shortwave 0 (1998) |
| Radios | - | 36,000 (1997) |
| 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% | United Church (Presbyterian and Congregational), Anglican, Baptist, Roman Catholic, Church of God, other Protestant |
| 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:
0.86 male(s)/female under 15 years: 0.93 male(s)/female 15-64 years: 0.95 male(s)/female 65 years and over: 0.86 male(s)/female total population: 0.94 male(s)/female (2001 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:
NA domestic: NA international: 1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean) |
| Telephones - main lines in use | 131,700 (2003) | 19,000 (1995) |
| Telephones - mobile cellular | 121,800 (2002) | 2,534 (1995) |
| Television broadcast stations | 2 (2004) | NA |
| Terrain | long, flat coral formations with some low rounded hills | low-lying limestone base surrounded by coral reefs |
| Total fertility rate | 2.23 children born/woman (2004 est.) | 2.04 children born/woman (2001 est.) |
| Unemployment rate | 6.9% (2001 est.) | 4.1% (1997) |
| Waterways | - | none |
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