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Compare Bahamas, The (2008) - Bermuda (2002)
Compare Bahamas, The (2008) z Bermuda (2002)
| Bahamas, The (2008) | Bermuda (2002) | |
 |  | |
| 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% (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: 19.2% (male 6,058; female 6,225)
15-64 years: 69.4% (male 21,950; female 22,442) 65 years and over: 11.4% (male 3,163; female 4,122) (2002 est.) |
| Agriculture - products | citrus, vegetables; poultry | bananas, vegetables, citrus, flowers; dairy products |
| Airports | 62 (2007) | 1 (2002) |
| 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: 1
2,438 to 3,047 m: 1 (2002) |
| Airports - with unpaved runways | total: 38
1,524 to 2,437 m: 5 914 to 1,523 m: 11 under 914 m: 22 (2007) |
- |
| 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 | 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. | 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. A referendum on independence was soundly defeated in 1995. |
| Birth rate | 17.3 births/1,000 population (2007 est.) | 11.82 births/1,000 population (2002 est.) |
| Budget | revenues: $1.03 billion
expenditures: $1.03 billion (FY04/05) |
revenues: $609.5 million
expenditures: $574.6 million, including capital expenditures of $54.8 million (FY00/01) |
| 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 |
Hamilton |
| 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 |
| 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 |
| Currency | - | Bermudian dollar (BMD) |
| Death rate | 9.13 deaths/1,000 population (2007 est.) | 7.49 deaths/1,000 population (2002 est.) |
| Debt - external | $342.6 million (2004 est.) | $145 million (FY99/00) |
| Dependency status | - | overseas territory of the UK |
| 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: Consul General Denis Patrick COLEMAN, Jr.
consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVQ3 mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, 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 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 |
none (overseas territory of the UK) |
| 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) | $NA |
| 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. | Bermuda enjoys one of the highest per capita incomes in the world, with its economy primarily based on providing financial services for international business and luxury facilities for tourists. The effects of 11 September 2001 have had both positive and negative ramifications for Bermuda. On the positive side, a number of new reinsurance companies have located on the island, contributing to the expansion of an already robust international business sector. On the negative side, Bermuda's already weakening tourism industry - which derives over 80% of its visitors from the US - has been further hit as American tourists have chosen not to travel. Most capital equipment and food must be imported, with the US serving as the primary source of goods, followed by the UK. Bermuda's industrial sector is small, although construction continues to be important. Agriculture is limited, only 6% of the land being arable. |
| Electricity - consumption | 1.762 billion kWh (2005) | 553.35 million kWh (2000) |
| Electricity - exports | 0 kWh (2005) | 0 kWh (2000) |
| Electricity - imports | 0 kWh (2005) | 0 kWh (2000) |
| Electricity - production | 1.894 billion kWh (2005) | 595 million kWh (2000) |
| Electricity - production by source | - | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (2000) |
| 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 | asbestos disposal; water pollution; preservation of open space; 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 58%, white 36%, other 6% |
| Exchange rates | Bahamian dollars per US dollar - 1 (2007), 1 (2006), 1 (2005), 1 (2004), 1 (2003) | 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 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 Sir John VEREKER (since NA April 2002)
head of government: Premier Jennifer SMITH (since 10 November 1998) 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 | transshipments of 41,290 bbl/day (2004) | $51 million (2000) |
| Exports - commodities | mineral products and salt, animal products, rum, chemicals, fruit and vegetables | reexports of pharmaceuticals |
| Exports - partners | Spain 22.3%, US 19.8%, Poland 13.5%, Germany 13%, UK 5.7%, Guatemala 4.9% (2006) | EU excluding UK 77.9%, US 9.8%, UK 6.9% (1999) |
| 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 | - | purchasing power parity - $2.2 billion (2001 est.) |
| GDP - composition by sector | agriculture: 3%
industry: 7% services: 90% (2001 est.) |
agriculture: 1%
industry: 10% services: 89% (1995 est.) |
| GDP - per capita | - | purchasing power parity - $34,800 (2001 est.) |
| GDP - real growth rate | 2.8% (2007 est.) | 2.9% (2001 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, reclaimed and otherwise, was leased by US Government from 1941 to 1995 |
| Heliports | 1 (2007) | - |
| Highways | - | total: 450 km
paved: 450 km unpaved: 0 km note: public roads - 209 km; private roads - 241 km (2002) |
| 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 | 68,250 bbl/day (2004) | $719 million (2000) |
| Imports - commodities | machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals | machinery and transport equipment, construction materials, chemicals, food and live animals |
| Imports - partners | US 24.7%, Brazil 15.7%, Japan 13.1%, South Korea 7.8%, Spain 6.2% (2006) | EU excluding UK 35.4%, US 17.8%, UK 15.4%, Russia 14.6% (1999) |
| 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, international business, light manufacturing |
| 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.) |
9.28 deaths/1,000 live births (2002 est.) |
| Inflation rate (consumer prices) | 2.4% (2007 est.) | 3% (July 2001) |
| 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) | Caricom (observer), CCC, ICFTU, Interpol (subbureau), IOC |
| Internet Service Providers (ISPs) | - | 20 (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; Magistrate Courts |
| Labor force | 181,900 (2006) | 37,472 (2000) |
| Labor force - by occupation | agriculture 5%, industry 5%, tourism 50%, other services 40% (2005 est.) | clerical 22%, services 20%, laborers 17%, professional and technical 17%, administrative and managerial 13%, sales 8%, agriculture and fishing 3% (2000 est.) |
| Land boundaries | 0 km | 0 km |
| Land use | arable land: 0.58%
permanent crops: 0.29% other: 99.13% (2005) |
arable land: 0%
permanent crops: 0% other: 100% (55% developed, 45% rural/open space) (1998 est.) |
| 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 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 (an 11-member body appointed by the governor, the premier, and the opposition) and the House of Assembly (40 seats; members are elected by popular vote to serve five-year terms)
elections: last general election held 9 November 1998 (next to be held NA November 2003) election results: percent of vote by party - PLP 54%, UBP 44%, NLP 1%, independents 1%; seats by party - PLP 26, UBP 14 |
| Life expectancy at birth | total population: 65.66 years
male: 62.37 years female: 69.02 years (2007 est.) |
total population: 77.3 years
male: 75.21 years female: 79.27 years (2002 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% (1970 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 North Carolina (US) |
| Map references | Central America and the Caribbean | North America |
| Maritime claims | territorial sea: 12 nm
exclusive economic zone: 200 nm |
exclusive fishing 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: 102 ships (1,000 GRT or over) totaling 5,485,450 GRT/8,782,869 DWT
ships by type: bulk 28, cargo 4, container 16, liquefied gas 6, passenger 3, petroleum tanker 17, refrigerated cargo 16, roll on/roll off 9, short-sea passenger 3 note: includes some foreign-owned ships registered here as a flag of convenience: Croatia 5, Denmark 2, Germany 1, Greece 1, Hong Kong 9, Indonesia 1, Norway 2, Sweden 11, United Kingdom 52, United States 13 (2002 est.) |
| Military - note | - | defense is the responsibility of the UK |
| Military branches | Royal Bahamian Defense Force: Land Force, Navy, Air Wing (2007) | no regular indigenous military forces; Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary |
| Military expenditures - dollar figure | - | $4,027,970 (January 2002) |
| Military expenditures - percent of GDP | 0.5% (2006) | 0.11% (FY00/01) |
| 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 | -2.15 migrant(s)/1,000 population (2007 est.) | 2.61 migrant(s)/1,000 population (2002 est.) |
| Political parties and leaders | Free National Movement or FNM [Hubert INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE] | National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [Jennifer SMITH]; United Bermuda Party or UBP [Chairman Wayne FURBERT] |
| Political pressure groups and leaders | NA | Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Association or BPSA [leader NA]; Bermuda Union of Teachers [Michael CHARLES] |
| 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.) |
63,960 (July 2002 est.) |
| Population below poverty line | 9.3% (2004) | NA% |
| Population growth rate | 0.602% (2007 est.) | 0.69% (2002 est.) |
| Ports and harbors | - | Hamilton, Saint George's, Dockyard |
| Radio broadcast stations | AM 3, FM 5, shortwave 0 (2006) | AM 5, FM 3, shortwave 0 (1998) |
| Radios | - | 82,000 (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) | non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19% |
| 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: 0.94 male(s)/female
under 15 years: 0.97 male(s)/female 15-64 years: 0.98 male(s)/female 65 years and over: 0.77 male(s)/female total population: 0.95 male(s)/female (2002 est.) |
| Suffrage | 18 years of age; universal | 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) |
general assessment: NA
domestic: modern, fully automatic telephone system international: 3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean) |
| Telephones - main lines in use | 133,100 (2005) | 52,000 (1997) |
| Telephones - mobile cellular | 227,800 (2005) | 7,980 (1996) |
| Television broadcast stations | 2 (2006) | 3 (1997) |
| Terrain | long, flat coral formations with some low rounded hills | low hills separated by fertile depressions |
| Total fertility rate | 2.15 children born/woman (2007 est.) | 1.81 children born/woman (2002 est.) |
| Unemployment rate | 7.6% (2006 est.) | 4.5% (1993) |
| Waterways | - | none |
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