Bahamas, The (2008) | Atlantic Ocean (2004) | |
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 | - |
Age structure | 0-14 years: 27% (male 41,268/female 41,186)
15-64 years: 66.5% (male 99,961/female 103,230) 65 years and over: 6.5% (male 8,176/female 11,834) (2007 est.) |
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Agriculture - products | citrus, vegetables; poultry | - |
Airports | 62 (2007) | - |
Airports - with paved runways | total: 24
over 3,047 m: 2 2,438 to 3,047 m: 3 1,524 to 2,437 m: 12 914 to 1,523 m: 7 (2007) |
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Airports - with unpaved runways | total: 38
1,524 to 2,437 m: 5 914 to 1,523 m: 11 under 914 m: 22 (2007) |
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Area | total: 13,940 sq km
land: 10,070 sq km water: 3,870 sq km |
total: 76.762 million sq km
note: includes Baltic Sea, Black Sea, Caribbean Sea, Davis Strait, Denmark Strait, part of the Drake Passage, Gulf of Mexico, Labrador Sea, Mediterranean Sea, North Sea, Norwegian Sea, almost all of the Scotia Sea, and other tributary water bodies |
Area - comparative | slightly smaller than Connecticut | slightly less than 6.5 times the size of the US |
Background | 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 Europe, and its territory is used for smuggling illegal migrants into the US. | The Atlantic Ocean is the second largest of the world's five oceans (after the Pacific Ocean, but larger than the Indian Ocean, Southern Ocean, and Arctic Ocean). The Kiel Canal (Germany), Oresund (Denmark-Sweden), Bosporus (Turkey), Strait of Gibraltar (Morocco-Spain), and the Saint Lawrence Seaway (Canada-US) are important strategic access waterways. The decision by the International Hydrographic Organization in the spring of 2000 to delimit a fifth world ocean, the Southern Ocean, removed the portion of the Atlantic Ocean south of 60 degrees south. |
Birth rate | 17.3 births/1,000 population (2007 est.) | - |
Budget | revenues: $1.03 billion
expenditures: $1.03 billion (FY04/05) |
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Capital | 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 second Sunday in March; ends first Sunday in November |
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Climate | tropical marine; moderated by warm waters of Gulf Stream | tropical cyclones (hurricanes) develop off the coast of Africa near Cape Verde and move westward into the Caribbean Sea; hurricanes can occur from May to December, but are most frequent from August to November |
Coastline | 3,542 km | 111,866 km |
Constitution | 10 July 1973 | - |
Country name | conventional long form: Commonwealth of The Bahamas
conventional short form: The Bahamas |
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Death rate | 9.13 deaths/1,000 population (2007 est.) | - |
Debt - external | $342.6 million (2004 est.) | - |
Diplomatic representation from the US | chief of mission: Ambassador Ned L. SIEGEL
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, 356-3229 (after hours) FAX: [1] (242) 356-0222 |
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Diplomatic representation in the US | chief of mission: Ambassador Cornelius A. SMITH
chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 319-2660 FAX: [1] (202) 319-2668 consulate(s) general: Miami, New York |
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Disputes - international | disagrees with the US on the alignment of a potential maritime boundary; continues to monitor and interdict drug dealers and Haitian refugees in Bahamian waters | some maritime disputes (see littoral states) |
Economic aid - recipient | $4.78 million (2004) | - |
Economy - overview | The Bahamas is one of the wealthiest Caribbean countries 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 tourist arrivals have been on the decline since 2006. Financial services constitute the second-most important sector of the Bahamian economy and, when combined with business services, account for about 36% 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 combined 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. Tourism, in turn, depends on growth in the US, the source of more than 80% of the visitors. | The Atlantic Ocean provides some of the world's most heavily trafficked sea routes, between and within the Eastern and Western Hemispheres. Other economic activity includes the exploitation of natural resources, e.g., fishing, the dredging of aragonite sands (The Bahamas), and production of crude oil and natural gas (Caribbean Sea, Gulf of Mexico, and North Sea). |
Electricity - consumption | 1.762 billion kWh (2005) | - |
Electricity - exports | 0 kWh (2005) | - |
Electricity - imports | 0 kWh (2005) | - |
Electricity - production | 1.894 billion kWh (2005) | - |
Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Mount Alvernia, on Cat Island 63 m |
lowest point: Milwaukee Deep in the Puerto Rico Trench -8,605 m
highest point: sea level 0 m |
Environment - current issues | coral reef decay; solid waste disposal | endangered marine species include the manatee, seals, sea lions, turtles, and whales; drift net fishing is hastening the decline of fish stocks and contributing to international disputes; municipal sludge pollution off eastern US, southern Brazil, and eastern Argentina; oil pollution in Caribbean Sea, Gulf of Mexico, Lake Maracaibo, Mediterranean Sea, and North Sea; industrial waste and municipal sewage pollution in Baltic Sea, North Sea, and Mediterranean Sea |
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 (2007), 1 (2006), 1 (2005), 1 (2004), 1 (2003) | - |
Executive branch | 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 Hubert A. INGRAHAM (since 4 May 2007) 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 | transshipments of 41,290 bbl/day (2004) | - |
Exports - commodities | mineral products and salt, animal products, rum, chemicals, fruit and vegetables | - |
Exports - partners | Spain 22.3%, US 19.8%, Poland 13.5%, Germany 13%, UK 5.7%, Guatemala 4.9% (2006) | - |
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 - composition by sector | agriculture: 3%
industry: 7% services: 90% (2001 est.) |
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GDP - real growth rate | 2.8% (2007 est.) | - |
Geographic coordinates | 24 15 N, 76 00 W | 0 00 N, 25 00 W |
Geography - note | strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited | major chokepoints include the Dardanelles, Strait of Gibraltar, access to the Panama and Suez Canals; strategic straits include the Strait of Dover, Straits of Florida, Mona Passage, The Sound (Oresund), and Windward Passage; the Equator divides the Atlantic Ocean into the North Atlantic Ocean and South Atlantic Ocean |
Heliports | 1 (2007) | - |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: 27% (2000) |
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Illicit drugs | transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center | - |
Imports | 68,250 bbl/day (2004) | - |
Imports - commodities | machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals | - |
Imports - partners | US 24.7%, Brazil 15.7%, Japan 13.1%, South Korea 7.8%, Spain 6.2% (2006) | - |
Independence | 10 July 1973 (from UK) | - |
Industrial production growth rate | NA% | - |
Industries | tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe | - |
Infant mortality rate | total: 24.17 deaths/1,000 live births
male: 29.58 deaths/1,000 live births female: 18.65 deaths/1,000 live births (2007 est.) |
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Inflation rate (consumer prices) | 2.4% (2007 est.) | - |
International organization participation | ACP, C, Caricom, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IDA, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, ITSO, ITU, LAES, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO (observer) | - |
Irrigated land | 10 sq km (2003) | - |
Judicial branch | Privy Council (London); Courts of Appeal; Supreme (lower) Court; magistrates courts | - |
Labor force | 181,900 (2006) | - |
Labor force - by occupation | agriculture 5%, industry 5%, tourism 50%, other services 40% (2005 est.) | - |
Land boundaries | 0 km | - |
Land use | arable land: 0.58%
permanent crops: 0.29% other: 99.13% (2005) |
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Languages | English (official), Creole (among Haitian immigrants) | - |
Legal system | based on English common law | - |
Legislative branch | bicameral Parliament consists of the Senate (16 seats; members appointed by the governor general upon the advice of the prime minister and the opposition leader to serve five-year terms) and the House of Assembly (41 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 2 May 2007 (next to be called by May 2012) election results: percent of vote by party - FNM 49.86%, PLP 47.02%; seats by party - FNM 23, PLP 18 |
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Life expectancy at birth | total population: 65.66 years
male: 62.37 years female: 69.02 years (2007 est.) |
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Literacy | definition: age 15 and over can read and write
total population: 95.6% male: 94.7% female: 96.5% (2003 est.) |
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Location | Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba | body of water between Africa, Europe, the Southern Ocean, and the Western Hemisphere |
Map references | Central America and the Caribbean | Political Map of the World |
Maritime claims | territorial sea: 12 nm
exclusive economic zone: 200 nm |
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Merchant marine | total: 1,213 ships (1000 GRT or over) 40,403,455 GRT/54,276,183 DWT
by type: barge carrier 1, bulk carrier 225, cargo 240, chemical tanker 84, combination ore/oil 13, container 72, liquefied gas 49, livestock carrier 2, passenger 117, passenger/cargo 34, petroleum tanker 196, refrigerated cargo 118, roll on/roll off 18, specialized tanker 4, specialized tanker 1, vehicle carrier 39 foreign-owned: 1,134 (Angola 6, Australia 3, Belgium 15, Bermuda 12, Brazil 1, Canada 13, China 9, Croatia 1, Cuba 1, Cyprus 20, Denmark 66, Finland 8, France 43, Germany 40, Greece 214, Hong Kong 3, Iceland 1, Indonesia 3, Ireland 2, Italy 1, Japan 62, Jordan 2, Kenya 1, Malaysia 11, Monaco 11, Montenegro 2, Netherlands 24, Nigeria 2, Norway 232, Philippines 1, Poland 15, Russia 5, Saudi Arabia 15, Singapore 9, Slovenia 1, South Africa 1, Spain 11, Sweden 5, Switzerland 2, Taiwan 1, Thailand 1, Trinidad and Tobago 1, Turkey 5, UAE 20, UK 68, US 162, Uruguay 1, Venezuela 1) registered in other countries: 3 (Barbados 1, Panama 2) (2007) |
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Military branches | Royal Bahamian Defense Force: Land Force, Navy, Air Wing (2007) | - |
Military expenditures - percent of GDP | 0.5% (2006) | - |
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 | icebergs common in Davis Strait, Denmark Strait, and the northwestern Atlantic Ocean from February to August and have been spotted as far south as Bermuda and the Madeira Islands; ships subject to superstructure icing in extreme northern Atlantic from October to May; persistent fog can be a maritime hazard from May to September; hurricanes (May to December) |
Natural resources | salt, aragonite, timber, arable land | oil and gas fields, fish, marine mammals (seals and whales), sand and gravel aggregates, placer deposits, polymetallic nodules, precious stones |
Net migration rate | -2.15 migrant(s)/1,000 population (2007 est.) | - |
Political parties and leaders | Free National Movement or FNM [Hubert INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE] | - |
Political pressure groups and leaders | NA | - |
Population | 305,655
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 2007 est.) |
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Population below poverty line | 9.3% (2004) | - |
Population growth rate | 0.602% (2007 est.) | - |
Ports and harbors | - | Alexandria (Egypt), Algiers (Algeria), Antwerp (Belgium), Barcelona (Spain), Buenos Aires (Argentina), Casablanca (Morocco), Colon (Panama), Copenhagen (Denmark), Dakar (Senegal), Gdansk (Poland), Hamburg (Germany), Helsinki (Finland), Las Palmas (Canary Islands, Spain), Le Havre (France), Lisbon (Portugal), London (UK), Marseille (France), Montevideo (Uruguay), Montreal (Canada), Naples (Italy), New Orleans (US), New York (US), Oran (Algeria), Oslo (Norway), Peiraiefs or Piraeus (Greece), Rio de Janeiro (Brazil), Rotterdam (Netherlands), Saint Petersburg (Russia), Stockholm (Sweden) |
Radio broadcast stations | AM 3, FM 5, shortwave 0 (2006) | - |
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) | - |
Sex ratio | at birth: 1.02 male(s)/female
under 15 years: 1.002 male(s)/female 15-64 years: 0.968 male(s)/female 65 years and over: 0.691 male(s)/female total population: 0.956 male(s)/female (2007 est.) |
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Suffrage | 18 years of age; universal | - |
Telephone system | general assessment: modern facilities
domestic: totally automatic system; highly developed; the Bahamas Domestic Submarine Network links 14 of the islands and is designed to satisfy increasing demand for voice and broadband internet services international: country code - 1-242; landing point for the Americas Region Caribbean Ring System (ARCOS-1) fiber-optic submarine cable that provides links to South and Central America, parts of the Caribbean, and the US; satellite earth station - 2 (2007) |
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Telephones - main lines in use | 133,100 (2005) | - |
Telephones - mobile cellular | 227,800 (2005) | - |
Television broadcast stations | 2 (2006) | - |
Terrain | long, flat coral formations with some low rounded hills | surface usually covered with sea ice in Labrador Sea, Denmark Strait, and coastal portions of the Baltic Sea from October to June; clockwise warm-water gyre (broad, circular system of currents) in the northern Atlantic, counterclockwise warm-water gyre in the southern Atlantic; the ocean floor is dominated by the Mid-Atlantic Ridge, a rugged north-south centerline for the entire Atlantic basin |
Total fertility rate | 2.15 children born/woman (2007 est.) | - |
Transportation - note | - | Kiel Canal and Saint Lawrence Seaway are two important waterways; significant domestic commercial and recreational use of Intracoastal Waterway on central and south Atlantic seaboard and Gulf of Mexico coast of US |
Unemployment rate | 7.6% (2006 est.) | - |