Bahamas, The (2008) | Isle of Man (2005) | |
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; there are no first-order administrative divisions as defined by the US Government, but there are 24 local authorities each with its own elections |
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: 17.4% (male 6,681/female 6,365)
15-64 years: 65.5% (male 24,693/female 24,482) 65 years and over: 17.1% (male 5,163/female 7,665) (2005 est.) |
Agriculture - products | citrus, vegetables; poultry | cereals, vegetables; cattle, sheep, pigs, poultry |
Airports | 62 (2007) | 1 (2004 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: 1
1,524 to 2,437 m: 1 (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) |
- |
Area | total: 13,940 sq km
land: 10,070 sq km water: 3,870 sq km |
total: 572 sq km
land: 572 sq km water: 0 sq km |
Area - comparative | slightly smaller than Connecticut | slightly more than three 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. | Part of the Norwegian Kingdom of the Hebrides until the 13th century when it was ceded to Scotland, the isle came under the British crown in 1765. Current concerns include reviving the almost extinct Manx Gaelic language. |
Birth rate | 17.3 births/1,000 population (2007 est.) | 11.18 births/1,000 population (2005 est.) |
Budget | revenues: $1.03 billion
expenditures: $1.03 billion (FY04/05) |
revenues: $485 million
expenditures: $463 million, including capital expenditures of NA (FY00/01 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 |
Douglas |
Climate | tropical marine; moderated by warm waters of Gulf Stream | temperate; cool summers and mild winters; overcast about one-third of the time |
Coastline | 3,542 km | 160 km |
Constitution | 10 July 1973 | unwritten; note - The Isle of Man Constitution Act of 1961 does not embody the unwritten Manx Constitution |
Country name | conventional long form: Commonwealth of The Bahamas
conventional short form: The Bahamas |
conventional long form: none
conventional short form: Isle of Man |
Death rate | 9.13 deaths/1,000 population (2007 est.) | 11.26 deaths/1,000 population (2005 est.) |
Debt - external | $342.6 million (2004 est.) | $NA |
Dependency status | - | British crown dependency |
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 (British crown dependency) |
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 (British crown dependency) |
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. | Offshore banking, manufacturing, and tourism are key sectors of the economy. The government's policy of offering incentives to high-technology companies and financial institutions to locate on the island has paid off in expanding employment opportunities in high-income industries. As a result, agriculture and fishing, once the mainstays of the economy, have declined in their shares of GDP. Trade is mostly with the UK. The Isle of Man enjoys free access to EU markets. |
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: Irish Sea 0 m
highest point: Snaefell 621 m |
Environment - current issues | coral reef decay; solid waste disposal | waste disposal (both household and industrial); transboundary air pollution |
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% | Manx (Norse-Celtic descent), Briton |
Exchange rates | Bahamian dollars per US dollar - 1 (2007), 1 (2006), 1 (2005), 1 (2004), 1 (2003) | Manx pounds per US dollar - 0.5462 (2004), 0.6125 (2003), 0.6672 (2002), 0.6947 (2001), 0.6609 (2000) |
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: Lord of Mann Queen ELIZABETH II (since 6 February 1952), represented by Lieutenant Governor Ian MACFADYEN (since 26 October 2002)
head of government: Chief Minister Donald GELLING (since 14 December 2004) cabinet: Council of Ministers elections: the monarch is hereditary; lieutenant governor appointed by the monarch for a five-year term; the Chief Minister is elected by the Tynwald; election last held 14 December 2004 (next to be held December 2010) election results: Donald GELLING elected chief minister by the Tynwald; note - Richard CORKILL resigned 2 December 2004 |
Exports | transshipments of 41,290 bbl/day (2004) | $NA |
Exports - commodities | mineral products and salt, animal products, rum, chemicals, fruit and vegetables | tweeds, herring, processed shellfish, beef, lamb |
Exports - partners | Spain 22.3%, US 19.8%, Poland 13.5%, Germany 13%, UK 5.7%, Guatemala 4.9% (2006) | UK (2000) |
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 Three Legs of Man emblem (Trinacria), in the center; the three legs are joined at the thigh and bent at the knee; in order to have the toes pointing clockwise on both sides of the flag, a two-sided emblem is used |
GDP - composition by sector | agriculture: 3%
industry: 7% services: 90% (2001 est.) |
agriculture: 1%
industry: 13% services: 86% (2000 est.) |
GDP - per capita | - | purchasing power parity - $28,500 (2003 est.) |
GDP - real growth rate | 2.8% (2007 est.) | NA% |
Geographic coordinates | 24 15 N, 76 00 W | 54 15 N, 4 30 W |
Geography - note | strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited | one small islet, the Calf of Man, lies to the southwest, and is a bird sanctuary |
Heliports | 1 (2007) | - |
Highways | - | total: 800 km
paved: 800 km unpaved: 0 km (1999) |
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 |
Imports - commodities | machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals | timber, fertilizers, fish |
Imports - partners | US 24.7%, Brazil 15.7%, Japan 13.1%, South Korea 7.8%, Spain 6.2% (2006) | UK (2000) |
Independence | 10 July 1973 (from UK) | none (British crown dependency) |
Industrial production growth rate | NA% | 3.2% (FY96/97) |
Industries | tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe | financial services, light manufacturing, 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: 5.93 deaths/1,000 live births
male: 6.93 deaths/1,000 live births female: 4.87 deaths/1,000 live births (2005 est.) |
Inflation rate (consumer prices) | 2.4% (2007 est.) | 3.6% (March 2003 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) | UPU |
Irrigated land | 10 sq km (2003) | 0 sq km (1998 est.) |
Judicial branch | Privy Council (London); Courts of Appeal; Supreme (lower) Court; magistrates courts | High Court of Justice (justices are appointed by the Lord Chancellor of England on the nomination of the lieutenant governor) |
Labor force | 181,900 (2006) | 39,690 (2001) |
Labor force - by occupation | agriculture 5%, industry 5%, tourism 50%, other services 40% (2005 est.) | agriculture, forestry and fishing 3%, manufacturing 11%, construction 10%, transport and communication 8%, wholesale and retail distribution 11%, professional and scientific services 18%, public administration 6%, banking and finance 18%, tourism 2%, entertainment and catering 3%, miscellaneous services 10% |
Land boundaries | 0 km | 0 km |
Land use | arable land: 0.58%
permanent crops: 0.29% other: 99.13% (2005) |
arable land: 9%
permanent crops: 0% other: 91% (permanent pastures, forests, mountain, and heathland) (2002) |
Languages | English (official), Creole (among Haitian immigrants) | English, Manx Gaelic |
Legal system | based on English common law | English common law and Manx statute |
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 Tynwald consists of the Legislative Council (an 11-member body composed of the President of Tynwald, the Lord Bishop of Sodor and Man, a nonvoting attorney general, and 8 others named by the House of Keys) and the House of Keys (24 seats; members are elected by popular vote to serve five-year terms)
elections: House of Keys - last held 22 November 2001 (next to be held November 2006) election results: House of Keys - percent of vote by party - Man Labor Party 17.3%, Alliance for Progressive Government 14.6%; seats by party - Man Labor Party 2, Alliance for Progressive Government 3, independents 19 |
Life expectancy at birth | total population: 65.66 years
male: 62.37 years female: 69.02 years (2007 est.) |
total population: 78.34 years
male: 74.98 years female: 81.87 years (2005 est.) |
Literacy | definition: age 15 and over can read and write
total population: 95.6% male: 94.7% female: 96.5% (2003 est.) |
definition: NA
total population: NA% male: NA% female: NA% |
Location | Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba | Western Europe, island in the Irish Sea, between Great Britain and Ireland |
Map references | Central America and the Caribbean | Europe |
Maritime claims | territorial sea: 12 nm
exclusive economic zone: 200 nm |
territorial sea: 12 nm
exclusive fishing zone: 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: 267 ships (1,000 GRT or over) 6,834,626 GRT/11,354,689 DWT
by type: bulk carrier 31, cargo 54, chemical tanker 45, combination ore/oil 1, container 15, liquefied gas 46, passenger/cargo 2, petroleum tanker 53, refrigerated cargo 4, roll on/roll off 10, specialized tanker 1, vehicle carrier 5 foreign-owned: 253 (Australia 1, Bahamas 8, Denmark 39, France 2, Germany 55, Greece 20, Hong Kong 3, Italy 7, Japan 4, Netherlands 2, New Zealand 1, Norway 18, Singapore 2, Sweden 1, Turkey 2, United Kingdom 86, United States 2) registered in other countries: 9 (2005) |
Military - note | - | defense is the responsibility of the UK |
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) | Tynwald Day, 5 July |
Nationality | noun: Bahamian(s)
adjective: Bahamian |
noun: Manxman (men), Manxwoman (women)
adjective: Manx |
Natural hazards | hurricanes and other tropical storms cause extensive flood and wind damage | NA |
Natural resources | salt, aragonite, timber, arable land | none |
Net migration rate | -2.15 migrant(s)/1,000 population (2007 est.) | 5.33 migrant(s)/1,000 population (2005 est.) |
Political parties and leaders | Free National Movement or FNM [Hubert INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE] | Man Labor Party [leader NA]; Alliance for Progressive Government [leader NA]; Man Nationalist Party [leader NA]
note: most members sit as 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.) |
75,049 (July 2005 est.) |
Population below poverty line | 9.3% (2004) | NA |
Population growth rate | 0.602% (2007 est.) | 0.52% (2005 est.) |
Ports and harbors | - | Castletown, Douglas, Ramsey |
Radio broadcast stations | AM 3, FM 5, shortwave 0 (2006) | AM 1, FM 1, shortwave 0 (1998) |
Railways | - | total: 61 km (35 km electrified) (2003) |
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) | Anglican, Roman Catholic, Methodist, Baptist, Presbyterian, Society of Friends |
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: 1.05 male(s)/female
under 15 years: 1.05 male(s)/female 15-64 years: 1.01 male(s)/female 65 years and over: 0.67 male(s)/female total population: 0.95 male(s)/female (2005 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: landline, telefax, mobile cellular telephone system international: fiber-optic cable, microwave radio relay, satellite earth station, submarine cable |
Telephones - main lines in use | 133,100 (2005) | 51,000 (1999) |
Telephones - mobile cellular | 227,800 (2005) | NA |
Television broadcast stations | 2 (2006) | 0 (receives broadcasts from the UK and satellite) (1999) |
Terrain | long, flat coral formations with some low rounded hills | hills in north and south bisected by central valley |
Total fertility rate | 2.15 children born/woman (2007 est.) | 1.65 children born/woman (2005 est.) |
Unemployment rate | 7.6% (2006 est.) | 0.6% (2004 est.) |