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Compare Bahamas, The (2004) - Indian Ocean (2001)

Compare Bahamas, The (2004) z Indian Ocean (2001)

 Bahamas, The (2004)Indian Ocean (2001)
 Bahamas, TheIndian Ocean
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 -
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.)
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Agriculture - products citrus, vegetables; poultry -
Airports 63 (2003 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.)
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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.)
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Area total: 13,940 sq km


land: 10,070 sq km


water: 3,870 sq km
total:
68.556 million sq km

note:
includes Andaman Sea, Arabian Sea, Bay of Bengal, Great Australian Bight, Gulf of Aden, Gulf of Oman, Mozambique Channel, Persian Gulf, Red Sea, Strait of Malacca, and other tributary water bodies
Area - comparative slightly smaller than Connecticut about 5.5 times the size of the US
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 Indian Ocean is the third-largest of the world's five oceans (after the Pacific Ocean and Atlantic Ocean, but larger than the Southern Ocean and Arctic Ocean). Four critically important access waterways are the Suez Canal (Egypt), Bab el Mandeb (Djibouti-Yemen), Strait of Hormuz (Iran-Oman), and Strait of Malacca (Indonesia-Malaysia). The decision by the International Hydrographic Organization in the spring of 2000 to delimit a fifth ocean, the Southern Ocean, removed the portion of the Indian Ocean south of 60 degrees south.
Birth rate 18.22 births/1,000 population (2004 est.) -
Budget revenues: $918.5 million


expenditures: $956.5 million, including capital expenditures of $106.7 million (FY99/00)
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Capital Nassau -
Climate tropical marine; moderated by warm waters of Gulf Stream northeast monsoon (December to April), southwest monsoon (June to October); tropical cyclones occur during May/June and October/November in the northern Indian Ocean and January/February in the southern Indian Ocean
Coastline 3,542 km 66,526 km
Constitution 10 July 1973 -
Country name conventional long form: Commonwealth of The Bahamas


conventional short form: The Bahamas
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Currency Bahamian dollar (BSD) -
Death rate 8.82 deaths/1,000 population (2004 est.) -
Debt - external $308.5 million (2002) -
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
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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
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Disputes - international concerned about migrants fleeing Haiti's deteriorated economic and political conditions some maritime disputes (see littoral states)
Economic aid - recipient $9.8 million (1995) -
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 Indian Ocean provides major sea routes connecting the Middle East, Africa, and East Asia with Europe and the Americas. It carries a particularly heavy traffic of petroleum and petroleum products from the oilfields of the Persian Gulf and Indonesia. Its fish are of great and growing importance to the bordering countries for domestic consumption and export. Fishing fleets from Russia, Japan, South Korea, and Taiwan also exploit the Indian Ocean, mainly for shrimp and tuna. Large reserves of hydrocarbons are being tapped in the offshore areas of Saudi Arabia, Iran, India, and western Australia. An estimated 40% of the world's offshore oil production comes from the Indian Ocean. Beach sands rich in heavy minerals and offshore placer deposits are actively exploited by bordering countries, particularly India, South Africa, Indonesia, Sri Lanka, and Thailand.
Electricity - consumption 1.451 billion kWh (2001) -
Electricity - exports 0 kWh (2001) -
Electricity - imports 0 kWh (2001) -
Electricity - production 1.56 billion kWh (2001) -
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Mount Alvernia, on Cat Island 63 m
lowest point:
Java Trench -7,258 m

highest point:
sea level 0 m
Environment - current issues coral reef decay; solid waste disposal endangered marine species include the dugong, seals, turtles, and whales; oil pollution in the Arabian Sea, Persian Gulf, and Red Sea
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
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Ethnic groups black 85%, white 12%, Asian and Hispanic 3% -
Exchange rates 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 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
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Exports NA (2001) -
Exports - commodities fish and crawfish; rum, salt, chemicals; fruit and vegetables -
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) -
Fiscal year 1 July - 30 June -
Flag description three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side -
GDP purchasing power parity - $5.049 billion (2003 est.) -
GDP - composition by sector agriculture: 3%


industry: 7%


services: 90% (2001 est.)
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GDP - per capita purchasing power parity - $16,700 (2003 est.) -
GDP - real growth rate 0% (2003 est.) -
Geographic coordinates 24 15 N, 76 00 W 20 00 S, 80 00 E
Geography - note strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited major chokepoints include Bab el Mandeb, Strait of Hormuz, Strait of Malacca, southern access to the Suez Canal, and the Lombok Strait
Heliports 1 (2003 est.) -
Highways total: 2,693 km


paved: 1,546 km


unpaved: 1,147 km (1999 est.)
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Household income or consumption by percentage share lowest 10%: NA


highest 10%: NA
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Illicit drugs transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center -
Imports NA (2001) -
Imports - commodities machinery and transport equipment, manufactures, chemicals, mineral fuels; 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) -
Independence 10 July 1973 (from UK) -
Industrial production growth rate NA (2002 est.) -
Industries tourism, banking, e-commerce, 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.)
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Inflation rate (consumer prices) 1.7% (2002 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) -
Irrigated land NA sq km -
Judicial branch Supreme Court; Court of Appeal; magistrates courts -
Labor force 156,000 (1999) -
Labor force - by occupation agriculture 5%, industry 5%, tourism 50%, other services 40% (1999 est.) -
Land boundaries 0 km -
Land use arable land: 0.8%


permanent crops: 0.4%


other: 98.8% (2001)
-
Languages English (official), Creole (among Haitian immigrants) -
Legal system based on English common 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
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Life expectancy at birth total population: 65.63 years


male: 62.21 years


female: 69.11 years (2004 est.)
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Literacy definition: age 15 and over can read and write


total population: 95.6%


male: 94.7%


female: 96.5% (2003 est.)
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Location Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba body of water between Africa, the Southern Ocean, Asia, and Australia
Map references Central America and the Caribbean World
Maritime claims territorial sea: 12 nm


exclusive economic zone: 200 nm
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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.)
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Military branches Royal Bahamas Defense Force (including Coast Guard) -
Military expenditures - dollar figure NA -
Military expenditures - percent of GDP NA -
National holiday Independence Day, 10 July (1973) -
Nationality noun: Bahamian(s)


adjective: Bahamian
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Natural hazards hurricanes and other tropical storms cause extensive flood and wind damage occasional icebergs pose navigational hazard in southern reaches
Natural resources salt, aragonite, timber, arable land oil and gas fields, fish, shrimp, sand and gravel aggregates, placer deposits, polymetallic nodules
Net migration rate -2.2 migrant(s)/1,000 population (2004 est.) -
Political parties and leaders Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE] -
Political pressure groups and leaders 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.)
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Population below poverty line NA -
Population growth rate 0.72% (2004 est.) -
Ports and harbors Freeport, Matthew Town, Nassau Chennai (Madras; India), Colombo (Sri Lanka), Durban (South Africa), Jakarta (Indonesia), Kolkata (Calcutta; India) Melbourne (Australia), Mumbai (Bombay; India), Richards Bay (South Africa)
Radio broadcast stations AM 3, FM 5, 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% -
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.)
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Suffrage 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)
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Telephones - main lines in use 131,700 (2003) -
Telephones - mobile cellular 121,800 (2002) -
Television broadcast stations 2 (2004) -
Terrain long, flat coral formations with some low rounded hills surface dominated by counterclockwise gyre (broad, circular system of currents) in the southern Indian Ocean; unique reversal of surface currents in the northern Indian Ocean; low atmospheric pressure over southwest Asia from hot, rising, summer air results in the southwest monsoon and southwest-to-northeast winds and currents, while high pressure over northern Asia from cold, falling, winter air results in the northeast monsoon and northeast-to-southwest winds and currents; ocean floor is dominated by the Mid-Indian Ocean Ridge and subdivided by the Southeast Indian Ocean Ridge, Southwest Indian Ocean Ridge, and Ninetyeast Ridge
Total fertility rate 2.23 children born/woman (2004 est.) -
Unemployment rate 6.9% (2001 est.) -
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