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Compare Bahamas, The (2008) - Bahamas, The (2001)

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 Bahamas, The (2008)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% (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.)
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 62 (2007) 65 (2000 est.)
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)
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: 38


1,524 to 2,437 m: 5


914 to 1,523 m: 11


under 914 m: 22 (2007)
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 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. 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 17.3 births/1,000 population (2007 est.) 19.1 births/1,000 population (2001 est.)
Budget revenues: $1.03 billion


expenditures: $1.03 billion (FY04/05)
revenues:
$766 million

expenditures:
$845 million, including capital expenditures of $97 million (FY97/98)
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
Nassau
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 9.13 deaths/1,000 population (2007 est.) 7.14 deaths/1,000 population (2001 est.)
Debt - external $342.6 million (2004 est.) $385.8 million (2000 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
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 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
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 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 none
Economic aid - recipient $4.78 million (2004) $9.8 million (1995)
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 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 1.762 billion kWh (2005) 1.362 billion kWh (1999)
Electricity - exports 0 kWh (2005) 0 kWh (1999)
Electricity - imports 0 kWh (2005) 0 kWh (1999)
Electricity - production 1.894 billion kWh (2005) 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 (2007), 1 (2006), 1 (2005), 1 (2004), 1 (2003) 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 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
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 transshipments of 41,290 bbl/day (2004) $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 Spain 22.3%, US 19.8%, Poland 13.5%, Germany 13%, UK 5.7%, Guatemala 4.9% (2006) 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 - $15,000 (2000 est.)
GDP - real growth rate 2.8% (2007 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 (2007) 1 (2000 est.)
Highways - 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 68,250 bbl/day (2004) $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 24.7%, Brazil 15.7%, Japan 13.1%, South Korea 7.8%, Spain 6.2% (2006) US 27.3%, Italy 26.5%, Japan 10%, Denmark 4.2% (1998)
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: 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.)
17.03 deaths/1,000 live births (2001 est.)
Inflation rate (consumer prices) 2.4% (2007 est.) 1.9% (2000 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) 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 10 sq km (2003) NA sq km
Judicial branch Privy Council (London); Courts of Appeal; Supreme (lower) Court; magistrates courts Supreme Court; Court of Appeal; magistrates courts
Labor force 181,900 (2006) 156,000 (1999)
Labor force - by occupation agriculture 5%, industry 5%, tourism 50%, other services 40% (2005 est.) tourism 40%, other services 50%, industry 5%, agriculture 5% (1995 est.)
Land use arable land: 0.58%


permanent crops: 0.29%


other: 99.13% (2005)
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 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
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: 65.66 years


male: 62.37 years


female: 69.02 years (2007 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: 1,213 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)
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 Bahamian Defense Force: Land Force, Navy, Air Wing (2007) Royal Bahamas Defense Force (Coast Guard only), Royal Bahamas Police Force
Military expenditures - dollar figure - $20 million (FY95/96)
Military expenditures - percent of GDP 0.5% (2006) 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 -2.15 migrant(s)/1,000 population (2007 est.) -2.65 migrant(s)/1,000 population (2001 est.)
Political parties and leaders Free National Movement or FNM [Hubert INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE] Free National Movement or FNM [Hubert Alexander INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE]
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.)
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 9.3% (2004) NA%
Population growth rate 0.602% (2007 est.) 0.93% (2001 est.)
Ports and harbors - Freeport, Matthew Town, Nassau
Radio broadcast stations AM 3, FM 5, shortwave 0 (2006) 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: 1.002 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.)
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; 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)
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 133,100 (2005) 96,000 (1997)
Telephones - mobile cellular 227,800 (2005) 6,152 (1997)
Television broadcast stations 2 (2006) 1 (1997)
Total fertility rate 2.15 children born/woman (2007 est.) 2.3 children born/woman (2001 est.)
Unemployment rate 7.6% (2006 est.) 9% (1998 est.)
Waterways - none
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