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Compare Bahamas, The (2005) - Bermuda (2007)

Compare Bahamas, The (2005) z Bermuda (2007)

 Bahamas, The (2005)Bermuda (2007)
 Bahamas, TheBermuda
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 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick
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: 18.3% (male 6,094/female 6,014)


15-64 years: 69.2% (male 22,696/female 23,094)


65 years and over: 12.5% (male 3,597/female 4,668) (2007 est.)
Agriculture - products citrus, vegetables; poultry bananas, vegetables, citrus, flowers; dairy products, honey
Airports 63 (2004 est.) 1 (2007)
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


2,438 to 3,047 m: 1 (2007)
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: 53.3 sq km


land: 53.3 sq km


water: 0 sq km
Area - comparative slightly smaller than Connecticut about one-third 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. Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Tourism to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. Bermuda has developed into a highly successful offshore financial center. Although a referendum on independence from the UK was soundly defeated in 1995, the present government has reopened debate on the issue.
Birth rate 17.87 births/1,000 population (2005 est.) 11.26 births/1,000 population (2007 est.)
Budget revenues: $1 billion


expenditures: $1 billion, including capital expenditures of $106.7 million (FY03/04)
revenues: $738 million


expenditures: $665 million (FY04/05)
Capital Nassau name: Hamilton


geographic coordinates: 32 17 N, 64 47 W


time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)


daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November
Climate tropical marine; moderated by warm waters of Gulf Stream subtropical; mild, humid; gales, strong winds common in winter
Coastline 3,542 km 103 km
Constitution 10 July 1973 8 June 1968; amended 1989 and 2003
Country name conventional long form: Commonwealth of The Bahamas


conventional short form: The Bahamas
conventional long form: none


conventional short form: Bermuda


former: Somers Islands
Death rate 8.97 deaths/1,000 population (2005 est.) 7.84 deaths/1,000 population (2007 est.)
Debt - external $308.5 million (2002) $160 million (FY99/00)
Dependency status - overseas territory of the UK
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: Consul General Gregory W. SLAYTON


consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3


mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, US Department of State, 5300 Hamilton Place, Washington, DC 20520-5300


telephone: [1] (441) 295-1342


FAX: [1] (441) 295-1592, [1] (441) 296-9233
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 (overseas territory of the UK)
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
Economic aid - recipient $9.8 million (1995) $NA (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. Bermuda enjoys the highest per capita income in the world, more than 50% higher than that of the US. Its economy is primarily based on providing financial services for international business and luxury facilities for tourists. A number of reinsurance companies relocated to the island following the 11 September 2001 attacks and again after Hurricane Katrina in August 2005, contributing to the expansion of an already robust international business sector. Bermuda's tourism industry - which derives over 80% of its visitors from the US - continues to struggle but remains the island's number two industry. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important; the average cost of a house in June 2003 had risen to $976,000. Agriculture is limited with only 20% of the land being arable.
Electricity - consumption 1.596 billion kWh (2002) 574.8 million kWh (2005)
Electricity - exports 0 kWh (2002) 0 kWh (2005)
Electricity - imports 0 kWh (2002) 0 kWh (2005)
Electricity - production 1.716 billion kWh (2002) 618 million kWh (2005)
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: Town Hill 76 m
Environment - current issues coral reef decay; solid waste disposal sustainable development
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% black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census)
Exchange rates Bahamian dollars per US dollar - 1 (2004), 1 (2003), 1 (2002), 1 (2001), 1 (2000) Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US 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 Acting Governor Mark CAPES (since 12 October 2007)


head of government: Premier Ewart BROWN (since 30 October 2006); Deputy Premier Paula COX


cabinet: Cabinet nominated by the premier, appointed by the governor


elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor
Exports transhipments of 29,000 bbl/day (2003) 0 bbl/day (2005)
Exports - commodities mineral products and salt, animal products, rum, chemicals; fruit and vegetables reexports of pharmaceuticals
Exports - partners US 40.2%, Poland 13.3%, Spain 11.6%, Germany 5.9%, France 4.3% (2004) Spain 31.6%, UK 16.6%, Brazil 9.6%, Sweden 7.9% (2006)
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 flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and green shield with a red lion holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag
GDP - composition by sector agriculture: 3%


industry: 7%


services: 90% (2001 est.)
agriculture: 1%


industry: 10%


services: 89% (2002 est.)
GDP - per capita purchasing power parity - $17,700 (2004 est.) -
GDP - real growth rate 3% (2004 est.) 4.6% (2004 est.)
Geographic coordinates 24 15 N, 76 00 W 32 20 N, 64 45 W
Geography - note strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land was leased by US Government from 1941 to 1995
Heliports 1 (2004 est.) -
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%: NA%
Illicit drugs transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center -
Imports NA NA bbl/day
Imports - commodities machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals
Imports - partners US 22.4%, South Korea 18.9%, Brazil 9.2%, Japan 7.9%, Italy 7.8%, Venezuela 6.6% (2004) US 71.8%, Venezuela 6.9%, Canada 6.6% (2006)
Independence 10 July 1973 (from UK) none (overseas territory of the UK)
Industrial production growth rate NA NA%
Industries tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe international business, tourism, light manufacturing
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: 8.08 deaths/1,000 live births


male: 9.58 deaths/1,000 live births


female: 6.56 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 1.2% (year ending September 2004) 2.8% (November 2005)
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) Caricom (associate), Interpol (subbureau), IOC, ITUC, UPU, WCO
Irrigated land NA NA
Judicial branch Supreme Court; Court of Appeal; magistrates courts Supreme Court; Court of Appeal; Magistrate Courts
Labor force 156,000 (1999) 38,360 (2004)
Labor force - by occupation agriculture 5%, industry 5%, tourism 50%, other services 40% (1999 est.) agriculture and fishing 3%, laborers 17%, clerical 19%, professional and technical 21%, administrative and managerial 15%, sales 7%, services 19% (2004 est.)
Land boundaries 0 km 0 km
Land use arable land: 0.8%


permanent crops: 0.4%


other: 98.8% (2001)
arable land: 20%


permanent crops: 0%


other: 80% (55% developed, 45% rural/open space) (2005)
Languages English (official), Creole (among Haitian immigrants) English (official), Portuguese
Legal system based on English common law English 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
bicameral Parliament consists of the Senate (11 seats; members appointed by the governor, the premier, and the opposition) and the House of Assembly (36 seats; members are elected by popular vote to serve up to five-year terms)


elections: last general election held 24 July 2003 (next to be held not later than July 2008)


election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, UBP 14
Life expectancy at birth total population: 65.54 years


male: 62.11 years


female: 69.04 years (2005 est.)
total population: 78.13 years


male: 76 years


female: 80.29 years (2007 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%


male: 98%


female: 99% (2005 est.)
Location Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)
Map references Central America and the Caribbean North America
Maritime claims territorial sea: 12 nm


exclusive economic zone: 200 nm
territorial sea: 12 nm


exclusive fishing zone: 200 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: 133 ships (1000 GRT or over) 8,366,999 GRT/8,615,385 DWT


by type: bulk carrier 24, container 22, liquefied gas 30, passenger 23, passenger/cargo 5, petroleum tanker 15, refrigerated cargo 10, roll on/roll off 4


foreign-owned: 126 (Australia 4, Belgium 3, China 10, France 1, Germany 21, Greece 3, Hong Kong 4, Ireland 1, Israel 3, Japan 1, Nigeria 11, Norway 5, Singapore 1, Sweden 15, UK 20, US 23)


registered in other countries: 50 (Bahamas 12, Croatia 2, Marshall Islands 5, Philippines 31) (2007)
Military - note - defense is the responsibility of the UK
Military branches Royal Bahamaian Defense Force (naval forces) (2004) no regular military forces; Bermuda Police Service, Bermuda Reserve Constabulary, Bermuda Regiment
Military expenditures - dollar figure NA -
Military expenditures - percent of GDP NA 0.11% (2005 est.)
National holiday Independence Day, 10 July (1973) Bermuda Day, 24 May
Nationality noun: Bahamian(s)


adjective: Bahamian
noun: Bermudian(s)


adjective: Bermudian
Natural hazards hurricanes and other tropical storms cause extensive flood and wind damage hurricanes (June to November)
Natural resources salt, aragonite, timber, arable land limestone, pleasant climate fostering tourism
Net migration rate -2.18 migrant(s)/1,000 population (2005 est.) 2.34 migrant(s)/1,000 population (2007 est.)
Political parties and leaders Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE] Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [Wayne FURBERT]
Political pressure groups and leaders NA Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES]
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.)
66,163 (July 2007 est.)
Population below poverty line NA 19% (2000)
Population growth rate 0.67% (2005 est.) 0.576% (2007 est.)
Ports and harbors Freeport, Nassau, South Riding Point -
Radio broadcast stations AM 3, FM 5, shortwave 0 (2004) AM 5, FM 3, shortwave 0 (2005)
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) Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census)
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: 1.013 male(s)/female


15-64 years: 0.983 male(s)/female


65 years and over: 0.771 male(s)/female


total population: 0.959 male(s)/female (2007 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: good


domestic: fully automatic digital telephone system; fiber-optic trunk lines


international: country code - 1-441; landing point for the Atlantica-1 telecommunications submarine cable that extends from the US to Brazil; satellite earth stations - 3 (2007)
Telephones - main lines in use 131,700 (2003) 57,700 (2006)
Telephones - mobile cellular 121,800 (2002) 60,100 (2006)
Television broadcast stations 2 (2004) 3 (2005)
Terrain long, flat coral formations with some low rounded hills low hills separated by fertile depressions
Total fertility rate 2.2 children born/woman (2005 est.) 1.88 children born/woman (2007 est.)
Unemployment rate 10.2% (2004 est.) 2.1% (2004 est.)
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