Bahamas, The (2004) | Isle of Man (2002) | |
![]() | ![]() | |
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 | there are no first-order administrative divisions as defined by the US Government, but there are 24 local authorities each with its own elections |
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: 17.5% (male 6,601; female 6,324)
15-64 years: 65.3% (male 24,206; female 24,010) 65 years and over: 17.2% (male 5,097; female 7,635) (2002 est.) |
Agriculture - products | citrus, vegetables; poultry | cereals, vegetables; cattle, sheep, pigs, poultry |
Airports | 63 (2003 est.) | 1 (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: 1
1,524 to 2,437 m: 1 (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.) |
- |
Area | total: 13,940 sq km
land: 10,070 sq km water: 3,870 sq km |
total: 572 sq km
land: 572 sq km water: 0 sq km |
Area - comparative | slightly smaller than Connecticut | slightly more than three 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. | Part of the Norwegian Kingdom of the Hebrides until the 13th century when it was ceded to Scotland, the isle came under the British crown in 1765. Current concerns include reviving the almost extinct Manx Celtic language. |
Birth rate | 18.22 births/1,000 population (2004 est.) | 11.49 births/1,000 population (2002 est.) |
Budget | revenues: $918.5 million
expenditures: $956.5 million, including capital expenditures of $106.7 million (FY99/00) |
revenues: $485 million
expenditures: $463 million, including capital expenditures of $NA (FY00/01 est. ) |
Capital | Nassau | Douglas |
Climate | tropical marine; moderated by warm waters of Gulf Stream | temperate; cool summers and mild winters; overcast about one-third of the time |
Coastline | 3,542 km | 160 km |
Constitution | 10 July 1973 | unwritten; note - The Isle of Man Constitution Act, 1961, does not embody the Manx Constitution |
Country name | conventional long form: Commonwealth of The Bahamas
conventional short form: The Bahamas |
conventional long form: none
conventional short form: Isle of Man |
Currency | Bahamian dollar (BSD) | British pound (GBP); note - there is also a Manx pound |
Death rate | 8.82 deaths/1,000 population (2004 est.) | 11.68 deaths/1,000 population (2002 est.) |
Debt - external | $308.5 million (2002) | $NA |
Dependency status | - | British crown dependency |
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 (British crown dependency) |
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 (British crown dependency) |
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. | Offshore banking, manufacturing, and tourism are key sectors of the economy. The government's policy of offering incentives to high-technology companies and financial institutions to locate on the island has paid off in expanding employment opportunities in high-income industries. As a result, agriculture and fishing, once the mainstays of the economy, have declined in their shares of GDP. Trade is mostly with the UK. The Isle of Man enjoys free access to EU markets. |
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: Irish Sea 0 m
highest point: Snaefell 621 m |
Environment - current issues | coral reef decay; solid waste disposal | waste disposal (both household and industrial); transboundary air pollution |
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% | Manx (Norse-Celtic descent), Briton |
Exchange rates | Bahamian dollars per US dollar - 1 (2003), 1 (2002), 1 (2001), 1 (2000), 1 (1999) | Manx pounds per US dollar - 0.6764 (January 2001), 0.6596 (2000), 0.6180 (1999), 0.6037 (1998), 0.6106 (1997); the Manx pound is at par with the British pound |
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: Lord of Mann Queen ELIZABETH II (since 6 February 1952), represented by Lieutenant Governor Ian MACFADYEN (since NA 2002)
head of government: Chief Minister Richard CORKILL (since 6 December 2001) cabinet: Council of Ministers elections: the monarch is hereditary; lieutenant governor appointed by the monarch for a five-year term; the Chief Minister is elected by the Tynwald; election last held 6 December 2001 (next to be held NA December 2006) election results: Richard CORKILL elected chief minister by the Tynwald |
Exports | NA (2001) | $NA |
Exports - commodities | fish and crawfish; rum, salt, chemicals; fruit and vegetables | tweeds, herring, processed shellfish, beef, lamb |
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) | UK |
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 Three Legs of Man emblem (Trinacria), in the center; the three legs are joined at the thigh and bent at the knee; in order to have the toes pointing clockwise on both sides of the flag, a two-sided emblem is used |
GDP | purchasing power parity - $5.049 billion (2003 est.) | purchasing power parity - $1.4 billion (1999 est.) |
GDP - composition by sector | agriculture: 3%
industry: 7% services: 90% (2001 est.) |
agriculture: 1%
industry: 13% services: 86% (2000 est.) |
GDP - per capita | purchasing power parity - $16,700 (2003 est.) | purchasing power parity - $18,800 (1999 est.) |
GDP - real growth rate | 0% (2003 est.) | 13.5% (1999 est.) |
Geographic coordinates | 24 15 N, 76 00 W | 54 15 N, 4 30 W |
Geography - note | strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited | one small islet, the Calf of Man, lies to the southwest, and is a bird sanctuary |
Heliports | 1 (2003 est.) | - |
Highways | total: 2,693 km
paved: 1,546 km unpaved: 1,147 km (1999 est.) |
total: 800 km
paved: 800 km unpaved: 0 km (1999) |
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 | timber, fertilizers, fish |
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) | UK |
Independence | 10 July 1973 (from UK) | none (British crown dependency) |
Industrial production growth rate | NA (2002 est.) | 3.2% (FY96/97 ) |
Industries | tourism, banking, e-commerce, cement, oil refining and transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe | financial services, light manufacturing, tourism |
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.) |
6.3 deaths/1,000 live births (2002 est.) |
Inflation rate (consumer prices) | 1.7% (2002 est.) | 2.5% (2000 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) | none |
Internet Service Providers (ISPs) | - | NA |
Irrigated land | NA sq km | 0 sq km (1998 est.) |
Judicial branch | Supreme Court; Court of Appeal; magistrates courts | High Court of Justice (justices are appointed by the Lord Chancellor of England on the nomination of the lieutenant governor) |
Labor force | 156,000 (1999) | 36,610 (1998) |
Labor force - by occupation | agriculture 5%, industry 5%, tourism 50%, other services 40% (1999 est.) | agriculture, forestry and fishing 3%, manufacturing 11%, construction 10%, transport and communication 8%, wholesale and retail distribution 11%, professional and scientific services 18%, public administration 6%, banking and finance 18%, tourism 2%, entertainment and catering 3%, miscellaneous services 10% |
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% other: 100% (permanent pastures, forests, mountain, and heathland) (1998 est.) |
Languages | English (official), Creole (among Haitian immigrants) | English, Manx Gaelic |
Legal system | based on English common law | English common law and Manx statute |
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 Tynwald consists of the Legislative Council (an 11-member body composed of the President of Tynwald, the Lord Bishop of Sodor and Man, a nonvoting attorney general, and 8 others named by the House of Keys) and the House of Keys (24 seats; members are elected by popular vote to serve five-year terms)
elections: House of Keys - last held 22 November 2001 (next to be held NA November 2006) election results: House of Keys - percent of vote by party - Man Labor Party 17.3%, Alliance for Progressive Government 14.6%; seats by party - Man Labor Party 2, Alliance for Progressive Government 3, independents 19 |
Life expectancy at birth | total population: 65.63 years
male: 62.21 years female: 69.11 years (2004 est.) |
total population: 77.81 years
male: 74.44 years female: 81.36 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: NA
total population: NA% male: NA% female: NA% |
Location | Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba | Western Europe, island in the Irish Sea, between Great Britain and Ireland |
Map references | Central America and the Caribbean | Europe |
Maritime claims | territorial sea: 12 nm
exclusive economic zone: 200 nm |
exclusive fishing zone: 12 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: 212 ships (1,000 GRT or over) totaling 5,540,100 GRT/9,130,508 DWT
ships by type: bulk 29, cargo 34, chemical tanker 22, combination bulk 2, container 29, liquefied gas 24, petroleum tanker 46, roll on/roll off 20, specialized tanker 1, vehicle carrier 5 note: includes some foreign-owned ships registered here as a flag of convenience: Denmark 45, France 1, Germany 48, Greece 6, Hong Kong 10, Iceland 1, Italy 8, Monaco 7, Netherlands 3, Norway 5, Sweden 4, Switzerland 2, United Kingdom 70, United States 1 (2002 est.) |
Military - note | - | defense is the responsibility of the UK |
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) | Tynwald Day, 5 July |
Nationality | noun: Bahamian(s)
adjective: Bahamian |
noun: Manxman (men), Manxwoman (women)
adjective: Manx |
Natural hazards | hurricanes and other tropical storms cause extensive flood and wind damage | NA |
Natural resources | salt, aragonite, timber, arable land | none |
Net migration rate | -2.2 migrant(s)/1,000 population (2004 est.) | 5.41 migrant(s)/1,000 population (2002 est.) |
Political parties and leaders | Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE] | Man Labor Party [leader NA]; Alliance for Progressive Government [leader NA]; Man Nationalist Party [leader NA]
note: most members sit as independents |
Political pressure groups and leaders | NA | none |
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.) |
73,873 (July 2002 est.) |
Population below poverty line | NA | NA% |
Population growth rate | 0.72% (2004 est.) | 0.52% (2002 est.) |
Ports and harbors | Freeport, Matthew Town, Nassau | Castletown, Douglas, Peel, Ramsey |
Radio broadcast stations | AM 3, FM 5, shortwave 0 (2004) | AM 1, FM 1, shortwave 0 (1998) |
Radios | - | NA |
Railways | - | total: 68.5 km (43.5 km electrified) (2001) |
Religions | Baptist 32%, Anglican 20%, Roman Catholic 19%, Methodist 6%, Church of God 6%, other Protestant 12%, none or unknown 3%, other 2% | Anglican, Roman Catholic, Methodist, Baptist, Presbyterian, Society of Friends |
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: 1.05 male(s)/female
under 15 years: 1.04 male(s)/female 15-64 years: 1.01 male(s)/female 65 years and over: 0.67 male(s)/female total population: 0.95 male(s)/female (2002 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: landline, telefax, mobile cellular telephone system international: fiber-optic cable, microwave radio relay, satellite earth station, submarine cable |
Telephones - main lines in use | 131,700 (2003) | 51,000 (1999) |
Telephones - mobile cellular | 121,800 (2002) | NA |
Television broadcast stations | 2 (2004) | 0 (receives broadcasts from the UK and satellite) (1999) |
Terrain | long, flat coral formations with some low rounded hills | hills in north and south bisected by central valley |
Total fertility rate | 2.23 children born/woman (2004 est.) | 1.65 children born/woman (2002 est.) |
Unemployment rate | 6.9% (2001 est.) | 0.7% (February 2002 ) |
Waterways | - | none |