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Compare Bahamas, The (2008) - Cayman Islands (2004)
Compare Bahamas, The (2008) z Cayman Islands (2004)
| Bahamas, The (2008) | Cayman Islands (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 | 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western |
| 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: 21.4% (male 4,608; female 4,616)
15-64 years: 70.6% (male 14,858; female 15,593) 65 years and over: 8% (male 1,607; female 1,821) (2004 est.) |
| Agriculture - products | citrus, vegetables; poultry | vegetables, fruit; livestock, turtle farming |
| Airports | 62 (2007) | 3 (2003 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: 2
1,524 to 2,437 m: 2 (2004 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: 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 | 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 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 | 17.3 births/1,000 population (2007 est.) | 13.11 births/1,000 population (2004 est.) |
| Budget | revenues: $1.03 billion
expenditures: $1.03 billion (FY04/05) |
revenues: $265.2 million
expenditures: $248.9 million, including capital expenditures of NA (1997) |
| 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 |
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 |
| Currency | - | Caymanian dollar (KYD) |
| Death rate | 9.13 deaths/1,000 population (2007 est.) | 4.76 deaths/1,000 population (2004 est.) |
| Debt - external | $342.6 million (2004 est.) | $70 million (1996) |
| 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 |
none (overseas territory of the UK) |
| 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 (1999) |
| 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. | 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 | 1.762 billion kWh (2005) | 355.2 million kWh (2001) |
| Electricity - exports | 0 kWh (2005) | 0 kWh (2001) |
| Electricity - imports | 0 kWh (2005) | 0 kWh (2001) |
| Electricity - production | 1.894 billion kWh (2005) | 381.9 million kWh (2001) |
| 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 (2007), 1 (2006), 1 (2005), 1 (2004), 1 (2003) | 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 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); Governor Bruce DINWIDDY (since 29 May 2002)
head of government: Chief Secretary W. McKeeva BUSH (since NA December 2001) 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; the chief secretary is appointed by the governor |
| Exports | transshipments of 41,290 bbl/day (2004) | NA (2001) |
| Exports - commodities | mineral products and salt, animal products, rum, chemicals, fruit and vegetables | turtle products, manufactured consumer goods |
| Exports - partners | Spain 22.3%, US 19.8%, Poland 13.5%, Germany 13%, UK 5.7%, Guatemala 4.9% (2006) | 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 | - | purchasing power parity - $1.27 billion (2002 est.) |
| 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 - $35,000 (2002 est.) |
| GDP - real growth rate | 2.8% (2007 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 (2007) | - |
| Highways | - | 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 | 68,250 bbl/day (2004) | NA (2001) |
| Imports - commodities | machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals | foodstuffs, manufactured goods |
| Imports - partners | US 24.7%, Brazil 15.7%, Japan 13.1%, South Korea 7.8%, Spain 6.2% (2006) | 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: 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.) |
total: 8.41 deaths/1,000 live births
male: 9.64 deaths/1,000 live births female: 7.16 deaths/1,000 live births (2004 est.) |
| Inflation rate (consumer prices) | 2.4% (2007 est.) | 2.8% (2002) |
| 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 (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU |
| Irrigated land | 10 sq km (2003) | NA sq km |
| Judicial branch | Privy Council (London); Courts of Appeal; Supreme (lower) Court; magistrates courts | Summary Court; Grand Court; Cayman Islands Court of Appeal |
| Labor force | 181,900 (2006) | 19,820 (1995) |
| Labor force - by occupation | agriculture 5%, industry 5%, tourism 50%, other services 40% (2005 est.) | agriculture 1.4%, industry 12.6%, services 86% (1995) |
| Land boundaries | 0 km | 0 km |
| Land use | arable land: 0.58%
permanent crops: 0.29% other: 99.13% (2005) |
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 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 |
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 8 November 2000 (next to be held 17 November 2004) election results: percent of vote - NA; seats - NA |
| Life expectancy at birth | total population: 65.66 years
male: 62.37 years female: 69.02 years (2007 est.) |
total population: 79.81 years
male: 77.21 years female: 82.45 years (2004 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: 1,213 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: 137 ships (1,000 GRT or over) 2,827,837 GRT/4,555,974 DWT
by type: bulk 27, cargo 7, chemical tanker 36, container 2, liquefied gas 1, petroleum tanker 25, refrigerated cargo 33, roll on/roll off 4, short-sea/passenger 1, specialized tanker 1 foreign-owned: Germany 9, Greece 25, Hong Kong 3, Italy 14, Norway 4, Singapore 1, Spain 11, Sweden 13, Switzerland 1, United Kingdom 18, United States 43 registered in other countries: 2 (2004 est.) |
| Military - note | - | defense is the responsibility of the UK |
| Military branches | Royal Bahamian Defense Force: Land Force, Navy, Air Wing (2007) | no regular military forces; Royal Cayman Islands Police Force |
| Military expenditures - percent of GDP | 0.5% (2006) | - |
| 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 | -2.15 migrant(s)/1,000 population (2007 est.) | 18.75 migrant(s)/1,000 population
note: major destination for Cubans trying to migrate to the US (2004 est.) |
| Political parties and leaders | Free National Movement or FNM [Hubert INGRAHAM]; 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 | 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.) |
43,103 (July 2004 est.) |
| Population below poverty line | 9.3% (2004) | NA (2002 est.) |
| Population growth rate | 0.602% (2007 est.) | 2.71% (2004 est.) |
| Ports and harbors | - | Cayman Brac, George Town |
| Radio broadcast stations | AM 3, FM 5, shortwave 0 (2006) | AM 1, FM 5, shortwave 0 (1998) |
| 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: 1.002 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 male(s)/female 15-64 years: 0.95 male(s)/female 65 years and over: 0.88 male(s)/female total population: 0.96 male(s)/female (2004 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: NA international: country code - 1-345; 1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean) |
| Telephones - main lines in use | 133,100 (2005) | 38,000 (2002) |
| Telephones - mobile cellular | 227,800 (2005) | 17,000 (2002) |
| Television broadcast stations | 2 (2006) | 1 with cable system |
| Terrain | long, flat coral formations with some low rounded hills | low-lying limestone base surrounded by coral reefs |
| Total fertility rate | 2.15 children born/woman (2007 est.) | 1.9 children born/woman (2004 est.) |
| Unemployment rate | 7.6% (2006 est.) | 4.1% (1997) |
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