Compare Bahamas, The (2005) - Bahamas, The (2006)

Compare Bahamas, The (2005) z Bahamas, The (2006)

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	Bahamas, The (2005)	Bahamas, The (2006)

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: 27.5% (male 41,799/female 41,733) 15-64 years: 66.1% (male 98,847/female 102,074) 65 years and over: 6.4% (male 7,891/female 11,426) (2006 est.)
Airports	63 (2004 est.)	64 (2006)
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: 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 (2006)
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: 35 1,524 to 2,437 m: 3 914 to 1,523 m: 10 under 914 m: 22 (2006)
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.	Lucayan 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.
Birth rate	17.87 births/1,000 population (2005 est.)	17.57 births/1,000 population (2006 est.)
Budget	revenues: $1 billion expenditures: $1 billion, including capital expenditures of $106.7 million (FY03/04)	revenues: $1.03 billion expenditures: $1.03 billion; including capital expenditures of $130 million (FY04/05)
Capital	Nassau	name: Nassau geographic coordinates: 25 05 N, 77 21 W time difference: UTC-5 (same time as Washington, DC during Standard Time) daylight saving time: +1hr, begins first Sunday in April; ends last Sunday in October
Death rate	8.97 deaths/1,000 population (2005 est.)	9.05 deaths/1,000 population (2006 est.)
Debt - external	$308.5 million (2002)	$342.6 million (2004 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 John D. ROOD embassy: 42 Queen Street, Nassau mailing address: local or express mail address: P. O. Box N-8197, Nassau; US Department of State, 3370 Nassau Place, Washington, DC 20521-3370 telephone: [1] (242) 322-1181, 328-2206 (after hours) 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: vacant chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 319-2660 FAX: [1] (202) 319-2668 consulate(s) general: Miami, 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	disagrees with the US on the alignment of the maritime boundary; continues to monitor and interdict Haitian refugees fleeing economic privation and political instability
Economic aid - recipient	$9.8 million (1995)	$5 million (2004)
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 together with tourism-driven construction and manufacturing accounts for approximately 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. The current government has presided over a period of economic recovery and an upturn in large-scale private sector investments in tourism. 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.
Electricity - consumption	1.596 billion kWh (2002)	1.683 billion kWh (2003)
Electricity - exports	0 kWh (2002)	0 kWh (2003)
Electricity - imports	0 kWh (2002)	0 kWh (2003)
Electricity - production	1.716 billion kWh (2002)	1.81 billion kWh (2003)
Exchange rates	Bahamian dollars per US dollar - 1 (2004), 1 (2003), 1 (2002), 1 (2001), 1 (2000)	Bahamian dollars per US dollar - 1 (2005), 1 (2004), 1 (2003), 1 (2002), 1 (2001)
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 Arthur D. HANNA (since 1 February 2006) 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
Exports - commodities	mineral products and salt, animal products, rum, chemicals; fruit and vegetables	mineral products and salt, animal products, rum, chemicals, fruit and vegetables
Exports - partners	US 40.2%, Poland 13.3%, Spain 11.6%, Germany 5.9%, France 4.3% (2004)	US 31%, Spain 29.7%, Poland 9.3%, Germany 5.6%, Guatemala 4.1% (2005)
GDP - per capita	purchasing power parity - $17,700 (2004 est.)	-
GDP - real growth rate	3% (2004 est.)	3.7% (2005 est.)
Heliports	1 (2004 est.)	1 (2006)
Highways	total: 2,693 km paved: 1,546 km unpaved: 1,147 km (1999 est.)	-
Household income or consumption by percentage share	lowest 10%: NA highest 10%: 27% (2000)	lowest 10%: NA% highest 10%: 27%
Imports	NA	NA bbl/day
Imports - partners	US 22.4%, South Korea 18.9%, Brazil 9.2%, Japan 7.9%, Italy 7.8%, Venezuela 6.6% (2004)	US 22.5%, South Korea 20.2%, Spain 7.8%, Brazil 7.1%, Italy 6.5%, Germany 5.4% (2005)
Industrial production growth rate	NA	NA%
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.)	total: 24.68 deaths/1,000 live births male: 30.29 deaths/1,000 live births female: 18.96 deaths/1,000 live births (2006 est.)
Inflation rate (consumer prices)	1.2% (year ending September 2004)	1.2% ( 2004)
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, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOM, IOC, ITU, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WTO (observer), WToO
Irrigated land	NA	10 sq km (2003)
Judicial branch	Supreme Court; Court of Appeal; magistrates courts	Privy Council (London); Courts of Appeal; Supreme (lower) Court; magistrates courts
Labor force	156,000 (1999)	176,300 (2004)
Labor force - by occupation	agriculture 5%, industry 5%, tourism 50%, other services 40% (1999 est.)	agriculture 5%, industry 5%, tourism 50%, other services 40% (2005 est.)
Land use	arable land: 0.8% permanent crops: 0.4% other: 98.8% (2001)	arable land: 0.58% permanent crops: 0.29% other: 99.13% (2005)
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); 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
Life expectancy at birth	total population: 65.54 years male: 62.11 years female: 69.04 years (2005 est.)	total population: 65.6 years male: 62.24 years female: 69.03 years (2006 est.)
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: 1,177 ships (1000 GRT or over) 37,743,270 GRT/50,918,747 DWT by type: barge carrier 1, bulk carrier 253, cargo 250, chemical tanker 64, container 79, liquefied gas 35, livestock carrier 2, passenger 115, passenger/cargo 34, petroleum tanker 175, refrigerated cargo 114, roll on/roll off 20, specialized tanker 5, vehicle carrier 30 foreign-owned: 1,093 (Angola 5, Australia 2, Belgium 13, Canada 18, China 3, Cuba 1, Cyprus 13, Denmark 59, Estonia 1, Finland 8, France 37, Germany 22, Greece 232, Hong Kong 8, Iceland 1, India 1, Indonesia 4, Ireland 2, Israel 1, Italy 5, Japan 51, Jordan 2, Kenya 1, Latvia 1, Malaysia 12, Monaco 17, Montenegro 2, Netherlands 24, Nigeria 2, Norway 259, Philippines 1, Poland 15, Reunion 1, Russia 6, Saudi Arabia 12, Singapore 12, Slovenia 1, Spain 12, Sweden 6, Switzerland 2, Thailand 1, Turkey 8, UAE 16, UK 69, Uruguay 2, US 121, Venezuela 1) registered in other countries: 4 (Barbados 1, Liberia 1, Panama 2) (2006)
Military branches	Royal Bahamaian Defense Force (naval forces) (2004)	Royal Bahamian Defense Force: Marines, Air Wing (2006)
Net migration rate	-2.18 migrant(s)/1,000 population (2005 est.)	-2.17 migrant(s)/1,000 population (2006 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 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.)	303,770 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 2006 est.)
Population below poverty line	NA	9.3% (2004)
Population growth rate	0.67% (2005 est.)	0.64% (2006 est.)
Ports and harbors	Freeport, Nassau, South Riding Point	-
Radio broadcast stations	AM 3, FM 5, shortwave 0 (2004)	AM 3, FM 5, shortwave 0 (2006)
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 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 (2006 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: country code - 1-242; tropospheric scatter and submarine cable to Florida; 3 coaxial submarine cables; satellite earth station - 2 (2005)
Telephones - main lines in use	131,700 (2003)	139,900 (2004)
Telephones - mobile cellular	121,800 (2002)	186,000 (2004)
Television broadcast stations	2 (2004)	2 (2006)
Total fertility rate	2.2 children born/woman (2005 est.)	2.18 children born/woman (2006 est.)
Unemployment rate	10.2% (2004 est.)	10.2% (2005 est.)

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