Bahamas, The (2008) | Falkland Islands (Islas Malvinas) (2003) | |
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 | none (overseas territory of the UK; also claimed by Argentina) |
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: NA%
15-64 years: NA% 65 years and over: NA% |
Agriculture - products | citrus, vegetables; poultry | fodder and vegetable crops; sheep, dairy products |
Airports | 62 (2007) | 5 (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: 2
2,438 to 3,047 m: 1 under 914 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) |
total: 3
under 914 m: 3 (2002) |
Area | total: 13,940 sq km
land: 10,070 sq km water: 3,870 sq km |
total: 12,173 sq km
land: 12,173 sq km water: 0 sq km note: includes the two main islands of East and West Falkland and about 200 small islands |
Area - comparative | slightly smaller than Connecticut | slightly smaller than Connecticut |
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. | Although first sighted by an English navigator in 1592, the first landing (English) did not occur until almost a century later in 1690, and the first settlement (French) was not established until 1764. The colony was turned over to Spain two years later and the islands have since been the subject of a territorial dispute, first between Britain and Spain, then between Britain and Argentina. The UK asserted its claim to the islands by establishing a naval garrison there in 1833. Argentina invaded the islands on 2 April 1982. The British responded with an expeditionary force that landed seven weeks later and after fierce fighting forced Argentine surrender on 14 June 1982. |
Birth rate | 17.3 births/1,000 population (2007 est.) | NA births/1,000 population |
Budget | revenues: $1.03 billion
expenditures: $1.03 billion (FY04/05) |
revenues: $66.2 million
expenditures: $67.9 million, including capital expenditures of $23.2 million (FY98/99 est.) |
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 |
Stanley |
Climate | tropical marine; moderated by warm waters of Gulf Stream | cold marine; strong westerly winds, cloudy, humid; rain occurs on more than half of days in year; average annual rainfall is 24 inches in Stanley; occasional snow all year, except in January and February, but does not accumulate |
Coastline | 3,542 km | 1,288 km |
Constitution | 10 July 1973 | 3 October 1985; amended 1997 and 1998 |
Country name | conventional long form: Commonwealth of The Bahamas
conventional short form: The Bahamas |
conventional long form: none
conventional short form: Falkland Islands (Islas Malvinas) |
Currency | - | Falkland pound (FKP) |
Death rate | 9.13 deaths/1,000 population (2007 est.) | NA deaths/1,000 population |
Debt - external | $342.6 million (2004 est.) | $NA |
Dependency status | - | overseas territory of the UK; also claimed by Argentina |
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; also claimed by Argentina) |
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; also claimed by Argentina) |
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 | claimed by Argentina whose forces briefly occupied it in 1982, but now declares it will no longer seek settlement by force |
Economic aid - recipient | $4.78 million (2004) | none |
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 economy was formerly based on agriculture, mainly sheep farming, but today fishing contributes the bulk of economic activity. In 1987 the government began selling fishing licenses to foreign trawlers operating within the Falklands exclusive fishing zone. These license fees total more than $40 million per year, which goes to support the island's health, education, and welfare system. Squid accounts for 75% of the fish taken. Dairy farming supports domestic consumption; crops furnish winter fodder. Exports feature shipments of high-grade wool to the UK and the sale of postage stamps and coins. The islands are now self-financing except for defense. The British Geological Survey announced a 200-mile oil exploration zone around the islands in 1993, and early seismic surveys suggest substantial reserves capable of producing 500,000 barrels per day; to date no exploitable site has been identified. An agreement between Argentina and the UK in 1995 seeks to defuse licensing and sovereignty conflicts that would dampen foreign interest in exploiting potential oil reserves. Tourism, especially eco-tourism, is increasing rapidly, with about 30,000 visitors in 2001. Another large source of income is interest paid on money the government has in the bank. The British military presence also provides a sizeable economic boost. |
Electricity - consumption | 1.762 billion kWh (2005) | 15.19 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) | 16.33 million kWh (2001) |
Electricity - production by source | - | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (2001) |
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 Usborne 705 m |
Environment - current issues | coral reef decay; solid waste disposal | overfishing by unlicensed vessels is a problem; reindeer were introduced to the islands in 2001 for commercial reasons; this is the only commercial reindeer herd in the world unaffected by the Chornobyl disaster |
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% | British |
Exchange rates | Bahamian dollars per US dollar - 1 (2007), 1 (2006), 1 (2005), 1 (2004), 1 (2003) | Falkland pounds per US dollar - 0.67 (2002), 0.69 (2001), 0.66 (2000), 0.62 (1999), 0.6 (1998); note - the Falkland pound is at par with the British pound |
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)
head of government: Governor Howard PEARCE (since 3 December 2002); Chief Executive Chris SIMPKINS (since NA March 2003); Financial Secretary Derek F. HOWATT (since NA) cabinet: Executive Council; three members elected by the Legislative Council, two ex officio members (chief executive and the financial secretary), and the governor elections: none; the monarchy is hereditary; governor appointed by the monarch |
Exports | transshipments of 41,290 bbl/day (2004) | NA (2001) |
Exports - commodities | mineral products and salt, animal products, rum, chemicals, fruit and vegetables | wool, hides, meat |
Exports - partners | Spain 22.3%, US 19.8%, Poland 13.5%, Germany 13%, UK 5.7%, Guatemala 4.9% (2006) | Spain 76.2%, UK 9.2%, US 7.1% (2002) |
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 Falkland Island coat of arms centered on the outer half of the flag; the coat of arms contains a white ram (sheep raising is the major economic activity) above the sailing ship Desire (whose crew discovered the islands) with a scroll at the bottom bearing the motto DESIRE THE RIGHT |
GDP | - | purchasing power parity - $75 million (2002 est.) |
GDP - composition by sector | agriculture: 3%
industry: 7% services: 90% (2001 est.) |
agriculture: NA%
industry: NA% services: NA% |
GDP - per capita | - | purchasing power parity - $25,000 (2002 est.) |
GDP - real growth rate | 2.8% (2007 est.) | NA% |
Geographic coordinates | 24 15 N, 76 00 W | 51 45 S, 59 00 W |
Geography - note | strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited | deeply indented coast provides good natural harbors; short growing season |
Heliports | 1 (2007) | - |
Highways | - | total: 440 km
paved: 50 km unpaved: 390 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) | NA (2001) |
Imports - commodities | machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals | fuel, food and drink, building materials, clothing |
Imports - partners | US 24.7%, Brazil 15.7%, Japan 13.1%, South Korea 7.8%, Spain 6.2% (2006) | UK 57.9%, Spain 19.8%, Italy 16.7% (2002) |
Independence | 10 July 1973 (from UK) | none (overseas territory of the UK; also claimed by Argentina) |
Industrial production growth rate | NA% | NA% |
Industries | tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe | fish and wool processing; tourism |
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: NA%
male: NA% female: NA% |
Inflation rate (consumer prices) | 2.4% (2007 est.) | 3.6% (1998) |
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) | ICFTU |
Internet Service Providers (ISPs) | - | 2 (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 (chief justice is a nonresident); Magistrates Court (senior magistrate presides over civil and criminal divisions); Court of Summary Jurisdiction |
Labor force | 181,900 (2006) | 1,100 (est.) |
Labor force - by occupation | agriculture 5%, industry 5%, tourism 50%, other services 40% (2005 est.) | agriculture 95% (mostly sheepherding and fishing) |
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% (99% permanent pastures, 1% other) (1998 est.) |
Languages | English (official), Creole (among Haitian immigrants) | English |
Legal system | based on English common law | 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 |
unicameral Legislative Council (10 seats - 2 ex officio, 8 elected by popular vote, members serve four-year terms); presided over by the governor
elections: last held 22 November 2001 (next to be held NA November 2005) election results: percent of vote - NA%; seats - independents 8; note - 71% voter turnout |
Life expectancy at birth | total population: 65.66 years
male: 62.37 years female: 69.02 years (2007 est.) |
total population: NA years
male: NA years female: NA years |
Literacy | definition: age 15 and over can read and write
total population: 95.6% male: 94.7% female: 96.5% (2003 est.) |
- |
Location | Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba | Southern South America, islands in the South Atlantic Ocean, east of southern Argentina |
Map references | Central America and the Caribbean | South America |
Maritime claims | territorial sea: 12 nm
exclusive economic zone: 200 nm |
continental shelf: 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) |
none (2002 est.) |
Military - note | - | defense is the responsibility of the UK |
Military branches | Royal Bahamian Defense Force: Land Force, Navy, Air Wing (2007) | British Forces Falkland Islands no regular indigenous military forces; (includes Army, Royal Air Force, and Royal Navy), Police Force |
Military expenditures - dollar figure | - | $NA |
Military expenditures - percent of GDP | 0.5% (2006) | NA% |
National holiday | Independence Day, 10 July (1973) | Liberation Day, 14 June (1982) |
Nationality | noun: Bahamian(s)
adjective: Bahamian |
noun: Falkland Islander(s)
adjective: Falkland Island |
Natural hazards | hurricanes and other tropical storms cause extensive flood and wind damage | strong winds persist throughout the year |
Natural resources | salt, aragonite, timber, arable land | fish, squid, wildlife, calcified seaweed, sphagnum moss |
Net migration rate | -2.15 migrant(s)/1,000 population (2007 est.) | NA migrant(s)/1,000 population |
Political parties and leaders | Free National Movement or FNM [Hubert INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE] | none; all independents |
Political pressure groups and leaders | NA | none |
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.) |
2,967 (July 2003 est.) |
Population below poverty line | 9.3% (2004) | NA% |
Population growth rate | 0.602% (2007 est.) | 2.44% (2003 est.) |
Ports and harbors | - | Stanley
note: the primary port is located in Stanley Harbour and known locally as FIPASS (Falkland Interim Port and Storage System); the facility consists of seven permanently moored barges providing 300 meters of berthing space; it was installed by the military after 1982 and handed over to the Falkland Islands Government in 1988 |
Radio broadcast stations | AM 3, FM 5, shortwave 0 (2006) | AM 1, FM 7, shortwave 0 (1998) |
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) | primarily Anglican, Roman Catholic, United Free Church, Evangelist Church, Jehovah's Witnesses, Lutheran, Seventh-Day Adventist |
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.) |
- |
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: government-operated radiotelephone and private VHF/CB radiotelephone networks provide effective service to almost all points on both islands international: satellite earth station - 1 Intelsat (Atlantic Ocean) with links through London to other countries |
Telephones - main lines in use | 133,100 (2005) | NA |
Telephones - mobile cellular | 227,800 (2005) | NA |
Television broadcast stations | 2 (2006) | 2 (operated by the British Forces Broadcasting Service)
note: cable television is available in Stanley (2002) |
Terrain | long, flat coral formations with some low rounded hills | rocky, hilly, mountainous with some boggy, undulating plains |
Total fertility rate | 2.15 children born/woman (2007 est.) | NA children born/woman |
Unemployment rate | 7.6% (2006 est.) | full employment; labor shortage |
Waterways | - | none |