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Compare Bahamas, The (2005) - Bahamas, The (2001)

Compare Bahamas, The (2005) z Bahamas, The (2001)

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 Bahamas, The (2005)Bahamas, The (2001)
 Bahamas, TheBahamas, The
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 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, Nicholls Town and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay
Age structure 0-14 years: 27.9% (male 42,142/female 42,096)


15-64 years: 65.9% (male 97,865/female 101,047)


65 years and over: 6.2% (male 7,616/female 11,024) (2005 est.)
0-14 years:
29.43% (male 44,179; female 43,486)

15-64 years:
64.46% (male 94,329; female 97,674)

65 years and over:
6.11% (male 7,618; female 10,566) (2001 est.)
Airports 63 (2004 est.) 65 (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:
36

over 3,047 m:
2

2,438 to 3,047 m:
2

1,524 to 2,437 m:
16

914 to 1,523 m:
13

under 914 m:
3 (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:
29

914 to 1,523 m:
6

under 914 m:
23 (2000 est.)
Area total: 13,940 sq km


land: 10,070 sq km


water: 3,870 sq km
total:
13,940 sq km

land:
10,070 sq km

water:
3,870 sq km
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. 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.
Birth rate 17.87 births/1,000 population (2005 est.) 19.1 births/1,000 population (2001 est.)
Budget revenues: $1 billion


expenditures: $1 billion, including capital expenditures of $106.7 million (FY03/04)
revenues:
$766 million

expenditures:
$845 million, including capital expenditures of $97 million (FY97/98)
Country name conventional long form: Commonwealth of The Bahamas


conventional short form: The Bahamas
conventional long form:
Commonwealth of The Bahamas

conventional short form:
The Bahamas
Currency - Bahamian dollar (BSD)
Death rate 8.97 deaths/1,000 population (2005 est.) 7.14 deaths/1,000 population (2001 est.)
Debt - external $308.5 million (2002) $385.8 million (2000 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
chief of mission:
Ambassador-designate J. Richard BLANKENSHIP

embassy:
Queen Street, Nassau

mailing address:
local or express mail address: P. O. Box N-8197, Nassau; stateside address: American Embassy Nassau, P. O. Box 599009, Miami, FL 33159-9009; pouch address: Nassau, Department of State, Washington, DC 20521-3370

telephone:
[1] (242) 322-1181, 328-2206

FAX:
[1] (242) 356-0222
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
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
Disputes - international have not been able to agree on the alignment of a maritime boundary with the US; continues to monitor and interdict Haitian refugees fleeing economic privation and political instability none
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 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 40% of the archipelago's labor force. Moderate growth in tourism receipts and a boom in construction of new hotels, resorts, and residences led to an increase of the country's GDP by an estimated 3% in 1998, 6% in 1999, and 4.5% in 2000. Manufacturing and agriculture together contribute only 10% of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run will depend heavily on the fortunes of the tourism sector and continued sturdy growth in the US, which accounts for the majority of tourist visitors.
Electricity - consumption 1.596 billion kWh (2002) 1.362 billion kWh (1999)
Electricity - exports 0 kWh (2002) 0 kWh (1999)
Electricity - imports 0 kWh (2002) 0 kWh (1999)
Electricity - production 1.716 billion kWh (2002) 1.465 billion 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:
Atlantic Ocean 0 m

highest point:
Mount Alvernia, on Cat Island 63 m
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
party to:
Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Wetlands

signed, but not ratified:
none of the selected agreements
Exchange rates Bahamian dollars per US dollar - 1 (2004), 1 (2003), 1 (2002), 1 (2001), 1 (2000) Bahamian dollars per US dollar - 1.000 (fixed rate pegged to the 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 General Sir Orville TURNQUEST (since 2 January 1995)

head of government:
Prime Minister Hubert Alexander INGRAHAM (since 19 August 1992) and Deputy Prime Minister Frank WATSON (since December 1994)

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; prime minister and deputy prime minister appointed by the governor general
Exports transhipments of 29,000 bbl/day (2003) $376.8 million (2000 est.)
Exports - commodities mineral products and salt, animal products, rum, chemicals; fruit and vegetables pharmaceuticals, cement, rum, crawfish, refined petroleum products
Exports - partners US 40.2%, Poland 13.3%, Spain 11.6%, Germany 5.9%, France 4.3% (2004) US 22.3%, Switzerland 15.6%, UK 15%, Denmark 7.4% (1998)
GDP - purchasing power parity - $4.5 billion (2000 est.)
GDP - composition by sector agriculture: 3%


industry: 7%


services: 90% (2001 est.)
agriculture:
3%

industry:
7%

services:
90% (1999 est.)
GDP - per capita purchasing power parity - $17,700 (2004 est.) purchasing power parity - $15,000 (2000 est.)
GDP - real growth rate 3% (2004 est.) 4.5% (2000 est.)
Geography - note strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited strategic location adjacent to US and Cuba; extensive island chain
Heliports 1 (2004 est.) 1 (2000 est.)
Highways total: 2,693 km


paved: 1,546 km


unpaved: 1,147 km (1999 est.)
total:
2,693 km

paved:
1,546 km

unpaved:
1,147 km (1997)
Household income or consumption by percentage share lowest 10%: NA


highest 10%: 27% (2000)
lowest 10%:
NA%

highest 10%:
NA%
Illicit drugs transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center transshipment point for cocaine and marijuana bound for US and Europe; banking industry vulnerable to money laundering
Imports NA $1.73 billion (2000 est.)
Imports - commodities machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals foodstuffs, manufactured goods, crude oil, vehicles, electronics
Imports - partners US 22.4%, South Korea 18.9%, Brazil 9.2%, Japan 7.9%, Italy 7.8%, Venezuela 6.6% (2004) US 27.3%, Italy 26.5%, Japan 10%, Denmark 4.2% (1998)
Industrial production growth rate NA NA%
Industries tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe tourism, banking, cement, oil refining and transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Infant mortality rate total: 25.21 deaths/1,000 live births


male: 31.02 deaths/1,000 live births


female: 19.28 deaths/1,000 live births (2005 est.)
17.03 deaths/1,000 live births (2001 est.)
Inflation rate (consumer prices) 1.2% (year ending September 2004) 1.9% (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) ACP, C, Caricom, CCC, CDB, ECLAC, FAO, G-77, IADB, IBRD, ICAO, ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, ITU, LAES, NAM, OAS, OPANAL, OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WMO, WTrO (observer)
Internet Service Providers (ISPs) - 19 (2000)
Irrigated land NA NA sq km
Labor force - by occupation agriculture 5%, industry 5%, tourism 50%, other services 40% (1999 est.) tourism 40%, other services 50%, industry 5%, agriculture 5% (1995 est.)
Land use arable land: 0.8%


permanent crops: 0.4%


other: 98.8% (2001)
arable land:
1%

permanent crops:
0%

permanent pastures:
0%

forests and woodland:
32%

other:
67% (1993 est.)
Languages English (official), Creole (among Haitian immigrants) English, Creole (among Haitian immigrants)
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 (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)

elections:
last held 14 March 1997 (next to be held by March 2002)

election results:
percent of vote by party - NA%; seats by party - FNM 35, PLP 5
Life expectancy at birth total population: 65.54 years


male: 62.11 years


female: 69.04 years (2005 est.)
total population:
70.46 years

male:
67.27 years

female:
73.71 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 can read and write

total population:
98.2%

male:
98.5%

female:
98% (1995 est.)
Location Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida
Maritime claims territorial sea: 12 nm


exclusive economic zone: 200 nm
continental shelf:
200-m depth or to the depth of exploitation

exclusive economic zone:
200 NM

territorial sea:
12 NM
Merchant marine total: 1,119


by type: barge carrier 2, bulk carrier 183, cargo 259, chemical tanker 54, combination ore/oil 17, container 74, liquefied gas 28, livestock carrier 2, passenger 116, passenger/cargo 40, petroleum tanker 168, refrigerated cargo 130, roll on/roll off 20, specialized tanker 2, vehicle carrier 24


foreign-owned: 968 (Angola 4, Australia 4, Belgium 17, Canada 9, China 3, Croatia 1, Cuba 1, Cyprus 13, Denmark 18, Estonia 1, Finland 7, France 28, Germany 15, Greece 194, Hong Kong 11, Indonesia 2, Ireland 1, Israel 1, Italy 7, Japan 49, Jordan 2, Kenya 1, Latvia 1, Malaysia 12, Monaco 15, Netherlands 24, New Zealand 1, Nigeria 2, Norway 229, Poland 13, Reunion 1, Russia 2, Saudi Arabia 12, Serbia & Montenegro 2, Singapore 11, Slovenia 1, South Korea 1, Spain 6, Sweden 9, Switzerland 4, Thailand 1, Trinidad & Tobago 2, Turkey 7, UAE 12, United Kingdom 55, United States 154, Uruguay 2)


registered in other countries: 35 (2005)
total:
1,049 ships (1,000 GRT or over) totaling 30,000,221 GRT/44,601,471 DWT

ships by type:
bulk 185, cargo 214, chemical tanker 36, combination bulk 15, combination ore/oil 22, container 66, liquefied gas 33, livestock carrier 1, multi-functional large-load carrier 4, passenger 79, passenger/cargo 1, petroleum tanker 182, railcar carrier 1, refrigerated cargo 118, roll on/roll off 50, short-sea passenger 15, specialized tanker 3, vehicle carrier 24

note:
includes some foreign-owned ships registered here as a flag of convenience: Algeria 2, Australia 1, Austria 1, Bermuda 6, Belgium 14, Canada 1, Cuba 1, Cyprus 2, Denmark 17, Finland 7, France 9, Germany 9, Greece 89, Hong Kong 7, Indonesia 2, India 1, Israel 4, Italy 8, Japan 23, Jamaica 1, Kenya 1, Lebanon 2, Luxembourg 2, Monaco 15, Malaysia 1, Netherlands 16, Norway 139, Poland 3, Portugal 2, Russia 2, Saudi Arabia 5, Singapore 12, Spain 7, Sweden 14, Syria 1, Switzerland 7, UAE 1, Trinidad and Tobago 2, UK 67, Ukraine 3, US 50, British Virgin Islands 1, British Virgin Islands 1 (2000 est.)
Military branches Royal Bahamaian Defense Force (naval forces) (2004) Royal Bahamas Defense Force (Coast Guard only), Royal Bahamas Police Force
Military expenditures - dollar figure NA $20 million (FY95/96)
Military expenditures - percent of GDP NA NA%
Nationality noun: Bahamian(s)


adjective: Bahamian
noun:
Bahamian(s)

adjective:
Bahamian
Natural hazards hurricanes and other tropical storms cause extensive flood and wind damage hurricanes and other tropical storms that cause extensive flood and wind damage
Net migration rate -2.18 migrant(s)/1,000 population (2005 est.) -2.65 migrant(s)/1,000 population (2001 est.)
Political parties and leaders Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE] Free National Movement or FNM [Hubert Alexander INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE]
Population 301,790


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 2005 est.)
297,852

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 2001 est.)
Population below poverty line NA NA%
Population growth rate 0.67% (2005 est.) 0.93% (2001 est.)
Ports and harbors Freeport, Nassau, South Riding Point Freeport, Matthew Town, Nassau
Radio broadcast stations AM 3, FM 5, shortwave 0 (2004) AM 3, FM 4, shortwave 0 (1998)
Radios - 215,000 (1997)
Railways - 0 km
Religions Baptist 35.4%, Anglican 15.1%, Roman Catholic 13.5%, Pentecostal 8.1%, Church of God 4.8%, Methodist 4.2%, other Christian 15.2%, none or unspecified 2.9%, other 0.8% (2000 census) 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 (2005 est.)
at birth:
1.02 male(s)/female

under 15 years:
1.02 male(s)/female

15-64 years:
0.97 male(s)/female

65 years and over:
0.72 male(s)/female

total population:
0.96 male(s)/female (2001 est.)
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:
modern facilities

domestic:
totally automatic system; highly developed

international:
tropospheric scatter and submarine cable to Florida; 3 coaxial submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean) (1997)
Telephones - main lines in use 131,700 (2003) 96,000 (1997)
Telephones - mobile cellular 121,800 (2002) 6,152 (1997)
Television broadcast stations 2 (2004) 1 (1997)
Total fertility rate 2.2 children born/woman (2005 est.) 2.3 children born/woman (2001 est.)
Unemployment rate 10.2% (2004 est.) 9% (1998 est.)
Waterways - none
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