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Compare Bahamas, The (2004) - World (2002)
Compare Bahamas, The (2004) z World (2002)
| Bahamas, The (2004) | World (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 | 268 nations, dependent areas, other, and miscellaneous entries |
| 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: 29.2% (male 932,581,592; female 885,688,851)
15-64 years: 63.7% (male 2,009,997,089; female 1,964,938,201) 65 years and over: 7.1% (male 193,549,180; female 247,067,032) (2002 est.) |
| 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: 510.072 million sq km
land: 148.94 million sq km water: 361.132 million sq km note: 70.8% of the world's surface is water, 29.2% is land |
| Area - comparative | slightly smaller than Connecticut | land area about 16 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. | Globally, the 20th century was marked by: (a) two devastating world wars; (b) the Great Depression of the 1930s; (c) the end of vast colonial empires; (d) rapid advances in science and technology, from the first airplane flight at Kitty Hawk, North Carolina (US) to the landing on the moon; (e) the Cold War between the Western alliance and the Warsaw Pact nations; (f) a sharp rise in living standards in North America, Europe, and Japan; (g) increased concerns about the environment, including loss of forests, shortages of energy and water, the decline in biological diversity, and air pollution; (h) the onset of the AIDS epidemic; and (i) the ultimate emergence of the US as the only world superpower. The planet's population continues to explode: from 1 billion in 1820, to 2 billion in 1930, 3 billion in 1960, 4 billion in 1974, 5 billion in 1988, and 6 billion in 2000. For the 21st century, the continued exponential growth in science and technology raises both hopes (e.g., advances in medicine) and fears (e.g., development of even more lethal weapons of war). |
| Birth rate | 18.22 births/1,000 population (2004 est.) | 21.16 births/1,000 population (2002 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 | two large areas of polar climates separated by two rather narrow temperate zones form a wide equatorial band of tropical to subtropical climates |
| Coastline | 3,542 km | 356,000 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.) | 8.93 deaths/1,000 population (2002 est.) |
| Debt - external | $308.5 million (2002) | $2 trillion for less developed countries (2001 est.) |
| 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 | - |
| Economic aid - recipient | $9.8 million (1995) | official development assistance (ODA) $50 billion (2001 est.) |
| 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. | Growth in global output (gross world product, GWP) fell from 4.8% in 2000 to 2.2% in 2001. The causes: slowdowns in the US economy (21% of GWP) and in the 15 EU economies (20% of GWP); continued stagnation in the Japanese economy (7.3% of GWP); and spillover effects in the less developed regions of the world. China, the second largest economy in the world (12% of GWP), proved an exception, continuing its rapid annual growth, officially announced as 7.3% but estimated by many observers as perhaps two percentage points lower. Russia (2.6% of GWP), with 5.2% growth, continued to make uneven progress, its GDP per capita still only one-third that of the leading industrial nations. The other 14 successor nations of the USSR and the other old Warsaw Pact nations again experienced widely divergent growth rates; the three Baltic nations were strong performers, in the 5% range of growth. The developing nations also varied in their growth results, with many countries facing population increases that eat up gains in output. Externally, the nation-state, as a bedrock economic-political institution, is steadily losing control over international flows of people, goods, funds, and technology. Internally, the central government often finds its control over resources slipping as separatist regional movements - typically based on ethnicity - gain momentum, e.g., in many of the successor states of the former Soviet Union, in the former Yugoslavia, in India, in Indonesia, and in Canada. In Western Europe, governments face the difficult political problem of channeling resources away from welfare programs in order to increase investment and strengthen incentives to seek employment. The addition of 80 million people each year to an already overcrowded globe is exacerbating the problems of pollution, desertification, underemployment, epidemics, and famine. Because of their own internal problems and priorities, the industrialized countries devote insufficient resources to deal effectively with the poorer areas of the world, which, at least from the economic point of view, are becoming further marginalized. The introduction of the euro as the common currency of much of Western Europe in January 1999, while paving the way for an integrated economic powerhouse, poses economic risks because of varying levels of income and cultural and political differences among the participating nations. The terrorist attacks on the US on 11 September 2001 accentuate a further growing risk to global prosperity, illustrated, for example, by the reallocation of resources away from investment to anti-terrorist programs. (For specific economic developments in each country of the world in 2001, see the individual country entries.) |
| Electricity - consumption | 1.451 billion kWh (2001) | - |
| Electricity - exports | 0 kWh (2001) | - |
| Electricity - imports | 0 kWh (2001) | - |
| Electricity - production | 1.56 billion kWh (2001) | - |
| Electricity - production by source | - | fossil fuel: NA%
hydro: NA% nuclear: NA% other: NA% |
| Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Mount Alvernia, on Cat Island 63 m |
lowest point: Bentley Subglacial Trench -2,540 m
note: in the oceanic realm, Challenger Deep in the Mariana Trench is the lowest point, lying -10,924 m below the surface of the Pacific Ocean highest point: Mount Everest 8,850 m (1999 est.) |
| Environment - current issues | coral reef decay; solid waste disposal | large areas subject to overpopulation, industrial disasters, pollution (air, water, acid rain, toxic substances), loss of vegetation (overgrazing, deforestation, desertification), loss of wildlife, soil degradation, soil depletion, erosion |
| 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) | $6.3 trillion f.o.b. (2001 est.) |
| Exports - commodities | fish and crawfish; rum, salt, chemicals; fruit and vegetables | the whole range of industrial and agricultural goods and services |
| 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) | in value, about 75% of exports from the developed countries |
| 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.) | GWP (gross world product) - purchasing power parity - $47 trillion (2001 est.) |
| GDP - composition by sector | agriculture: 3%
industry: 7% services: 90% (2001 est.) |
agriculture: 4%
industry: 32% services: 64% (2001 est.) |
| GDP - per capita | purchasing power parity - $16,700 (2003 est.) | purchasing power parity - $7,600 (2001 est.) |
| GDP - real growth rate | 0% (2003 est.) | 2.2% (2001 est.) |
| Geographic coordinates | 24 15 N, 76 00 W | - |
| Geography - note | strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited | the world is now thought to be about 4.55 billion years old, just about one-third of the 13-billion-year age estimated for the universe |
| Heliports | 1 (2003 est.) | - |
| Highways | total: 2,693 km
paved: 1,546 km unpaved: 1,147 km (1999 est.) |
total: NA km
paved: NA km unpaved: NA 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 | - |
| Imports | NA (2001) | $6.3 trillion f.o.b. (2001 est.) |
| Imports - commodities | machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals | the whole range of industrial and agricultural goods and services |
| 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) | in value, about 75% of imports into the developed countries |
| Independence | 10 July 1973 (from UK) | - |
| Industrial production growth rate | NA (2002 est.) | 6% (2000 est.) |
| Industries | tourism, banking, e-commerce, cement, oil refining and transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe | dominated by the onrush of technology, especially in computers, robotics, telecommunications, and medicines and medical equipment; most of these advances take place in OECD nations; only a small portion of non-OECD countries have succeeded in rapidly adjusting to these technological forces; the accelerated development of new industrial (and agricultural) technology is complicating already grim environmental problems |
| 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.) |
51.55 deaths/1,000 live births (2002 est.) |
| Inflation rate (consumer prices) | 1.7% (2002 est.) | developed countries 1% to 4% typically; developing countries 5% to 60% typically (2001 est.); national inflation rates vary widely in individual cases, from declining prices in Japan to hyperinflation in several Third World countries |
| 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) | - |
| Internet Service Providers (ISPs) | - | 10,350 (2000 est.) |
| Irrigated land | NA sq km | 2,714,320 sq km (1998 est.) |
| Judicial branch | Supreme Court; Court of Appeal; magistrates courts | - |
| Labor force | 156,000 (1999) | NA |
| Labor force - by occupation | agriculture 5%, industry 5%, tourism 50%, other services 40% (1999 est.) | agriculture NA%, industry NA%, services NA% |
| Land boundaries | 0 km | the land boundaries in the world total 250,472 km (not counting shared boundaries twice) |
| Land use | arable land: 0.8%
permanent crops: 0.4% other: 98.8% (2001) |
arable land: 10.58%
permanent crops: 1% other: 88.42% (1998 est.) |
| Languages | English (official), Creole (among Haitian immigrants) | Chinese, Mandarin 14.37%, Hindi 6.02%, English 5.61%, Spanish 5.59%, Bengali 3.4%, Portuguese 2.63%, Russian 2.75%, Japanese 2.06%, German, Standard 1.64%, Korean 1.28%, French 1.27% (2000 est.)
note: percents are for "first language" speakers only |
| Legal system | based on English common law | all members of the UN plus Switzerland are parties to the statute that established the International Court of Justice (ICJ) or World Court |
| 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.) |
total population: 63.94 years
male: 62.28 years female: 65.67 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: 77% male: 83% female: 71% (1995 est.) |
| Location | Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba | - |
| Map references | Central America and the Caribbean | Physical Map of the World, Political Map of the World, Standard Time Zones of the World |
| Maritime claims | territorial sea: 12 nm
exclusive economic zone: 200 nm |
a variety of situations exist, but in general, most countries make the following claims: contiguous zone - 24 NM; continental shelf - 200-m depth or to the depth of exploitation, or 200 NM or to the edge of the continental margin; exclusive fishing zone - 200 NM; exclusive economic zone - 200 NM; territorial sea - 12 NM; boundary situations with neighboring states prevent many countries from extending their fishing or economic zones to a full 200 NM; 43 nations and other areas that are landlocked include Afghanistan, Andorra, Armenia, Austria, Azerbaijan, Belarus, Bhutan, Bolivia, Botswana, Burkina Faso, Burundi, Central African Republic, Chad, Czech Republic, Ethiopia, Holy See (Vatican City), Hungary, Kazakhstan, Kyrgyzstan, Laos, Lesotho, Liechtenstein, Luxembourg, Malawi, Mali, Moldova, Mongolia, Nepal, Niger, Paraguay, Rwanda, San Marino, Slovakia, Swaziland, Switzerland, Tajikistan, The Former Yugoslav Republic of Macedonia, Turkmenistan, Uganda, Uzbekistan, West Bank, Zambia, Zimbabwe; two of these, Liechtenstein and Uzbekistan, are doubly landlocked |
| 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 | aggregate real expenditure on arms worldwide in 1999 remained at approximately the 1998 level, about three-quarters of a trillion dollars (1999 est.) |
| Military expenditures - percent of GDP | NA | roughly 2% of gross world product (1999 est.) |
| 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 | large areas subject to severe weather (tropical cyclones), natural disasters (earthquakes, landslides, tsunamis, volcanic eruptions) |
| Natural resources | salt, aragonite, timber, arable land | the rapid depletion of nonrenewable mineral resources, the depletion of forest areas and wetlands, the extinction of animal and plant species, and the deterioration in air and water quality (especially in Eastern Europe, the former USSR, and China) pose serious long-term problems that governments and peoples are only beginning to address |
| 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.) |
6,233,821,945 (July 2002 est.) |
| Population below poverty line | NA | - |
| Population growth rate | 0.72% (2004 est.) | 1.23% (2002 est.) |
| Ports and harbors | Freeport, Matthew Town, Nassau | Chiba, Houston, Kawasaki, Kobe, Marseille, Mina' al Ahmadi (Kuwait), New Orleans, New York, Rotterdam, Yokohama |
| Radio broadcast stations | AM 3, FM 5, shortwave 0 (2004) | AM NA, FM NA, shortwave NA |
| Radios | - | NA |
| Railways | - | total: 1,201,337 km includes about 190,000 to 195,000 km of electrified routes of which 147,760 km are in Europe, 24,509 km in the Far East, 11,050 km in Africa, 4,223 km in South America, and 4,160 km in North America; note - fastest speed in daily service is 300 km/hr attained by France's Societe Nationale des Chemins-de-Fer Francais (SNCF) Le Train a Grande Vitesse (TGV) - Atlantique line
broad gauge: 251,153 km standard gauge: 710,754 km narrow gauge: 239,430 km |
| Religions | Baptist 32%, Anglican 20%, Roman Catholic 19%, Methodist 6%, Church of God 6%, other Protestant 12%, none or unknown 3%, other 2% | Christians 32.88% (of which Roman Catholics 17.39%, Protestants 5.62%, Orthodox 3.54%, Anglicans 1.31%), Muslims 19.54%, Hindus 13.34%, Buddhists 5.92%, Sikhs 0.38%, Jews 0.24%, other religions 12.6%, non-religious 12.63%, atheists 2.47% (2000 est.) |
| 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: 1.05 male(s)/female 15-64 years: 1.02 male(s)/female 65 years and over: 0.78 male(s)/female total population: 1.01 male(s)/female (2002 est.) |
| 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) |
general assessment: NA
domestic: NA international: NA |
| Telephones - main lines in use | 131,700 (2003) | NA |
| Telephones - mobile cellular | 121,800 (2002) | NA |
| Television broadcast stations | 2 (2004) | NA |
| Terrain | long, flat coral formations with some low rounded hills | the greatest ocean depth is the Mariana Trench at 10,924 m in the Pacific Ocean |
| Total fertility rate | 2.23 children born/woman (2004 est.) | 2.7 children born/woman (2002 est.) |
| Unemployment rate | 6.9% (2001 est.) | 30% combined unemployment and underemployment in many non-industrialized countries; developed countries typically 4%-12% unemployment (2001 est.) |
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