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Compare Bahamas, The (2005) - Cayman Islands (2005)

Compare Bahamas, The (2005) z Cayman Islands (2005)

 Bahamas, The (2005)Cayman Islands (2005)
 Bahamas, TheCayman Islands
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 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western
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: 21.1% (male 4,658/female 4,662)


15-64 years: 70.8% (male 15,284/female 16,050)


65 years and over: 8.2% (male 1,699/female 1,917) (2005 est.)
Agriculture - products citrus, vegetables; poultry vegetables, fruit; livestock, turtle farming
Airports 63 (2004 est.) 3 (2004 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: 2


1,524 to 2,437 m: 2 (2004 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: 1


914 to 1,523 m: 1 (2004 est.)
Area total: 13,940 sq km


land: 10,070 sq km


water: 3,870 sq km
total: 262 sq km


land: 262 sq km


water: 0 sq km
Area - comparative slightly smaller than Connecticut 1.5 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. The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica since 1863, they remained a British dependency after 1962 when the former became independent.
Birth rate 17.87 births/1,000 population (2005 est.) 12.92 births/1,000 population (2005 est.)
Budget revenues: $1 billion


expenditures: $1 billion, including capital expenditures of $106.7 million (FY03/04)
revenues: $265.2 million


expenditures: $248.9 million, including capital expenditures of NA (1997)
Capital Nassau George Town
Climate tropical marine; moderated by warm waters of Gulf Stream tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April)
Coastline 3,542 km 160 km
Constitution 10 July 1973 1959; revised 1972 and 1992
Country name conventional long form: Commonwealth of The Bahamas


conventional short form: The Bahamas
conventional long form: none


conventional short form: Cayman Islands
Death rate 8.97 deaths/1,000 population (2005 est.) 4.81 deaths/1,000 population (2005 est.)
Debt - external $308.5 million (2002) $70 million (1996)
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
none (overseas territory of the UK)
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
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. With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1998, including almost 600 banks and trust companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1.2 million in 1997, with 600,000 from the US. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world.
Electricity - consumption 1.596 billion kWh (2002) 382.1 million kWh (2002)
Electricity - exports 0 kWh (2002) 0 kWh (2002)
Electricity - imports 0 kWh (2002) 0 kWh (2002)
Electricity - production 1.716 billion kWh (2002) 410.8 million kWh (2002)
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Mount Alvernia, on Cat Island 63 m
lowest point: Caribbean Sea 0 m


highest point: The Bluff 43 m
Environment - current issues coral reef decay; solid waste disposal no natural fresh water resources; drinking water supplies must be met by rainwater catchments
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% mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20%
Exchange rates Bahamian dollars per US dollar - 1 (2004), 1 (2003), 1 (2002), 1 (2001), 1 (2000) Caymanian dollars per US dollar - 0.82 (29 October 2001), 0.83 (3 November 1995), 0.85 (22 November 1993)
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); Governor Bruce DINWIDDY (since 29 May 2002)


head of government: Leader of Government Business Kurt TIBBETTS (since 18 May 2005)


cabinet: Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly)


elections: none; the monarch is hereditary; the governor is appointed by the monarch; following legislative elections, the leader of the majority party or coalition is appointed by the governor Leader of Government Business
Exports transhipments of 29,000 bbl/day (2003) NA
Exports - commodities mineral products and salt, animal products, rum, chemicals; fruit and vegetables turtle products, manufactured consumer goods
Exports - partners US 40.2%, Poland 13.3%, Spain 11.6%, Germany 5.9%, France 4.3% (2004) mostly US
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 blue, with the flag of the UK in the upper hoist-side quadrant and the Caymanian coat of arms centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS
GDP - composition by sector agriculture: 3%


industry: 7%


services: 90% (2001 est.)
agriculture: 1.4%


industry: 3.2%


services: 95.4% (1994 est.)
GDP - per capita purchasing power parity - $17,700 (2004 est.) purchasing power parity - $32,300 (2004 est.)
GDP - real growth rate 3% (2004 est.) 1.7% (2002 est.)
Geographic coordinates 24 15 N, 76 00 W 19 30 N, 80 30 W
Geography - note strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited important location between Cuba and Central America
Heliports 1 (2004 est.) -
Highways total: 2,693 km


paved: 1,546 km


unpaved: 1,147 km (1999 est.)
total: 785 km


paved: 785 km (2000)
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 offshore financial center; vulnerable to drug transshipment to the US and Europe
Imports NA NA
Imports - commodities machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals foodstuffs, manufactured goods
Imports - partners US 22.4%, South Korea 18.9%, Brazil 9.2%, Japan 7.9%, Italy 7.8%, Venezuela 6.6% (2004) US, Trinidad and Tobago, UK, Netherlands Antilles, Japan
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 tourism, banking, insurance and finance, construction, construction materials, furniture
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: 8.19 deaths/1,000 live births


male: 9.39 deaths/1,000 live births


female: 6.97 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 1.2% (year ending September 2004) 2.8% (2002)
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), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU
Irrigated land NA NA sq km
Judicial branch Supreme Court; Court of Appeal; magistrates courts Summary Court; Grand Court; Cayman Islands Court of Appeal
Labor force 156,000 (1999) 19,820 (1995)
Labor force - by occupation agriculture 5%, industry 5%, tourism 50%, other services 40% (1999 est.) agriculture 1.4%, industry 12.6%, services 86% (1995)
Land boundaries 0 km 0 km
Land use arable land: 0.8%


permanent crops: 0.4%


other: 98.8% (2001)
arable land: 3.85%


permanent crops: 0%


other: 96.15% (2001)
Languages English (official), Creole (among Haitian immigrants) English
Legal system based on English common law British common law and local statutes
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
unicameral Legislative Assembly (18 seats, three appointed members from the Executive Council and 15 elected by popular vote; members serve four-year terms)


elections: last held 11 May 2005 (next to be held 2009)


election results: percent of vote - NA%; seats - PPM 9, UDP 5, independent 1
Life expectancy at birth total population: 65.54 years


male: 62.11 years


female: 69.04 years (2005 est.)
total population: 79.95 years


male: 77.33 years


female: 82.6 years (2005 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 has ever attended school


total population: 98%


male: 98%


female: 98% (1970 est.)
Location Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras
Map references Central America and the Caribbean Central America and the Caribbean
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: 129 ships (1,000 GRT or over) 2,827,837 GRT/4,555,974 DWT


by type: bulk carrier 29, cargo 12, chemical tanker 39, liquefied gas 1, petroleum tanker 17, refrigerated cargo 28, roll on/roll off 3


foreign-owned: 126 (Denmark 1, Germany 14, Greece 20, Italy 12, Norway 1, Philippines 1, Sweden 13, Switzerland 11, United Kingdom 9, United States 44) (2005)
Military - note - defense is the responsibility of the UK
Military branches Royal Bahamaian Defense Force (naval forces) (2004) no regular military forces; Royal Cayman Islands Police Force
Military expenditures - dollar figure NA -
Military expenditures - percent of GDP NA -
National holiday Independence Day, 10 July (1973) Constitution Day, first Monday in July
Nationality noun: Bahamian(s)


adjective: Bahamian
noun: Caymanian(s)


adjective: Caymanian
Natural hazards hurricanes and other tropical storms cause extensive flood and wind damage hurricanes (July to November)
Natural resources salt, aragonite, timber, arable land fish, climate and beaches that foster tourism
Net migration rate -2.18 migrant(s)/1,000 population (2005 est.) 18.25 migrant(s)/1,000 population


note: major destination for Cubans trying to migrate to the US (2005 est.)
Political parties and leaders Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE] no national teams (loose groupings of political organizations) were formed for the 2000 elections; United Democratic Party or UDP [leader McKeeva BUSH]; People's Progressive Movement or PPM [leader Kurt TIBBETTS]
Political pressure groups and leaders NA NA
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.)
44,270 (July 2005 est.)
Population below poverty line NA NA (2002 est.)
Population growth rate 0.67% (2005 est.) 2.64% (2005 est.)
Ports and harbors Freeport, Nassau, South Riding Point Cayman Brac, George Town
Radio broadcast stations AM 3, FM 5, shortwave 0 (2004) AM 1, FM 4, shortwave 0 (2004)
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) United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic
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: 0.95 male(s)/female


65 years and over: 0.89 male(s)/female


total population: 0.96 male(s)/female (2005 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: reasonably good system


domestic: liberalization of telecom market in 2003 reflected in falling prices and improving services


international: country code - 1-345; 2 submarine fiber optic cables (Maya-1, Cayman-Jamaica); satellite earth station - 1 Intelsat (Atlantic Ocean)
Telephones - main lines in use 131,700 (2003) 38,000 (2002)
Telephones - mobile cellular 121,800 (2002) 17,000 (2002)
Television broadcast stations 2 (2004) 4 with cable system (2004)
Terrain long, flat coral formations with some low rounded hills low-lying limestone base surrounded by coral reefs
Total fertility rate 2.2 children born/woman (2005 est.) 1.9 children born/woman (2005 est.)
Unemployment rate 10.2% (2004 est.) 4.1% (1997)
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