Cayman Islands (2001) | Bahamas, The (2007) | |
Administrative divisions | 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western | 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 |
Age structure | 0-14 years:
22.21% (male 3,807; female 4,084) 15-64 years: 69.74% (male 12,102; female 12,676) 65 years and over: 8.05% (male 1,318; female 1,540) (2001 est.) |
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.) |
Agriculture - products | vegetables, fruit; livestock, turtle farming | citrus, vegetables; poultry |
Airports | 3 (2000 est.) | 62 (2007) |
Airports - with paved runways | total:
2 1,524 to 2,437 m: 2 (2000 est.) |
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) |
Airports - with unpaved runways | total:
1 914 to 1,523 m: 1 (2000 est.) |
total: 38
1,524 to 2,437 m: 5 914 to 1,523 m: 11 under 914 m: 22 (2007) |
Area | total:
259 sq km land: 259 sq km water: 0 sq km |
total: 13,940 sq km
land: 10,070 sq km water: 3,870 sq km |
Area - comparative | 1.5 times the size of Washington, DC | slightly smaller than Connecticut |
Background | The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica from 1863, they remained a British dependency after 1962 when the former became independent. | 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. |
Birth rate | 13.79 births/1,000 population (2001 est.) | 17.3 births/1,000 population (2007 est.) |
Budget | revenues:
$265.2 million expenditures: $248.9 million, including capital expenditures of $NA (1997) |
revenues: $1.03 billion
expenditures: $1.03 billion (FY04/05) |
Capital | George Town | 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 |
Climate | tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) | tropical marine; moderated by warm waters of Gulf Stream |
Coastline | 160 km | 3,542 km |
Constitution | 1959, revised 1972 and 1992 | 10 July 1973 |
Country name | conventional long form:
none conventional short form: Cayman Islands |
conventional long form: Commonwealth of The Bahamas
conventional short form: The Bahamas |
Currency | Caymanian dollar (KYD) | - |
Death rate | 5.15 deaths/1,000 population (2001 est.) | 9.13 deaths/1,000 population (2007 est.) |
Debt - external | $70 million (1996) | $342.6 million (2004 est.) |
Dependency status | overseas territory of the UK | - |
Diplomatic representation from the US | none (overseas territory of the UK) | 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 |
Diplomatic representation in the US | none (overseas territory of the UK) | chief of mission: vacant
chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 319-2660 FAX: [1] (202) 319-2668 consulate(s) general: Miami, New York |
Disputes - international | none | 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 |
Economic aid - recipient | $NA | $4.78 million (2004) |
Economy - overview | 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 1997, 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 visitors in 1997. 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. | The Bahamas is a stable, developing nation 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 the slowdown in the US economy and the attacks of 11 September 2001 held back growth in these sectors in 2001-03. The current government has presided over a period of economic recovery and an upturn in large-scale private sector investments in tourism. Financial services constitute the second-most important sector of the Bahamian economy, accounting for about 15% 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 together 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, which depends on growth in the US, the source of more than 80% of the visitors. |
Electricity - consumption | 306.9 million kWh (1999) | 1.762 billion kWh (2005) |
Electricity - exports | 0 kWh (1999) | 0 kWh (2005) |
Electricity - imports | 0 kWh (1999) | 0 kWh (2005) |
Electricity - production | 330 million kWh (1999) | 1.894 billion kWh (2005) |
Electricity - production by source | fossil fuel:
100% hydro: 0% nuclear: 0% other: 0% (1999) |
- |
Elevation extremes | lowest point:
Caribbean Sea 0 m highest point: The Bluff 43 m |
lowest point: Atlantic Ocean 0 m
highest point: Mount Alvernia, on Cat Island 63 m |
Environment - current issues | no natural fresh water resources; drinking water supplies must be met by rainwater catchment | coral reef decay; solid waste disposal |
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 | mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% | black 85%, white 12%, Asian and Hispanic 3% |
Exchange rates | Caymanian dollars per US dollar - 0.83 (3 November 1995), 0.85 (22 November 1993) | Bahamian dollars per US dollar - 1 (2006), 1 (2005), 1 (2004), 1 (2003), 1 (2002) |
Executive branch | chief of state:
Queen ELIZABETH II (since 6 February 1952); Governor and President of the Executive Council Peter SMITH (since 5 May 1999) head of government: Kurt TIBBETTS (since November 2000) 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 |
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 |
Exports | $1.5 million (1998) | transshipments of 41,290 bbl/day (2004) |
Exports - commodities | turtle products, manufactured consumer goods | mineral products and salt, animal products, rum, chemicals, fruit and vegetables |
Exports - partners | mostly US | Spain 23.8%, US 21.1%, Poland 14.4%, Germany 7.3%, UK 6.1%, Guatemala 5.2% (2006) |
Fiscal year | 1 April - 31 March | 1 July - 30 June |
Flag description | blue, with the flag of the UK in the upper hoist-side quadrant and the Caymanian coat of arms on a white disk 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 | three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side |
GDP | purchasing power parity - $930 million (1997 est.) | - |
GDP - composition by sector | agriculture:
1.4% industry: 3.2% services: 95.4% (1994 est.) |
agriculture: 3%
industry: 7% services: 90% (2001 est.) |
GDP - per capita | purchasing power parity - $24,500 (1997 est.) | - |
GDP - real growth rate | 4.9% (1999 est.) | 4% (2006 est.) |
Geographic coordinates | 19 30 N, 80 30 W | 24 15 N, 76 00 W |
Geography - note | important location between Cuba and Central America | strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited |
Heliports | - | 1 (2007) |
Highways | total:
406 km paved: 304 km unpaved: 102 km |
- |
Household income or consumption by percentage share | lowest 10%:
NA% highest 10%: NA% |
lowest 10%: NA%
highest 10%: 27% (2000) |
Illicit drugs | vulnerable to drug money laundering and drug transshipment to the US and Europe | transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center |
Imports | $507.6 million (1998) | NA bbl/day |
Imports - commodities | foodstuffs, manufactured goods | machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals |
Imports - partners | US, Trinidad and Tobago, UK, Netherlands Antilles, Japan | US 24.5%, Brazil 15.6%, Japan 13%, South Korea 7.8%, Spain 7.1% (2006) |
Independence | none (overseas territory of the UK) | 10 July 1973 (from UK) |
Industrial production growth rate | NA% | NA% |
Industries | tourism, banking, insurance and finance, construction, construction materials, furniture | tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe |
Infant mortality rate | 10.16 deaths/1,000 live births (2001 est.) | 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.) |
Inflation rate (consumer prices) | 3% (1998) | 1.2% (2004) |
International organization participation | Caricom (observer), CDB, Interpol (subbureau), IOC, UNESCO (associate) | ACP, C, Caricom, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, ITSO, ITU, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO (observer) |
Internet Service Providers (ISPs) | 16 (2000) | - |
Irrigated land | NA sq km | 10 sq km (2003) |
Judicial branch | Summary Court; Grand Court; Cayman Islands Court of Appeal | Privy Council (London); Courts of Appeal; Supreme (lower) Court; magistrates courts |
Labor force | 19,820 (1995) | 176,300 (2004) |
Labor force - by occupation | agriculture 1.4%, industry 12.6%, services 86% (1995) | agriculture 5%, industry 5%, tourism 50%, other services 40% (2005 est.) |
Land boundaries | 0 km | 0 km |
Land use | arable land:
0% permanent crops: 0% permanent pastures: 8% forests and woodland: 23% other: 69% (1993 est.) |
arable land: 0.58%
permanent crops: 0.29% other: 99.13% (2005) |
Languages | English | English (official), Creole (among Haitian immigrants) |
Legal system | British common law and local statutes | based on English common law |
Legislative branch | unicameral Legislative Assembly (18 seats, three appointed members and 15 elected by popular vote; members serve four-year terms)
elections: last held 8 November 2000 (next to be held NA November 2004) election results: percent of vote - NA%; seats - NA |
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 |
Life expectancy at birth | total population:
79.03 years male: 76.24 years female: 81.43 years (2001 est.) |
total population: 65.66 years
male: 62.37 years female: 69.02 years (2007 est.) |
Literacy | definition:
age 15 and over has ever attended school total population: 98% male: 98% female: 98% (1970 est.) |
definition: age 15 and over can read and write
total population: 95.6% male: 94.7% female: 96.5% (2003 est.) |
Location | Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras | Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba |
Map references | Central America and the Caribbean | Central America and the Caribbean |
Maritime claims | exclusive fishing zone:
200 NM territorial sea: 12 NM |
territorial sea: 12 nm
exclusive economic zone: 200 nm |
Merchant marine | total:
106 ships (1,000 GRT or over) totaling 1,656,452 GRT/2,643,036 DWT ships by type: bulk 21, cargo 5, chemical tanker 27, container 4, liquefied gas 1, petroleum tanker 13, refrigerated cargo 30, roll on/roll off 4, specialized tanker 1 note: includes some foreign-owned ships registered here as a flag of convenience: Cyprus 2, Denmark 2, Finland 1, Greece 11, Norway 3, UK 3, US 3 (2000 est.) |
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) |
Military - note | defense is the responsibility of the UK | - |
Military branches | Royal Cayman Islands Police Force (RCIPF) | Royal Bahamian Defense Force: Land Force, Navy, Air Wing (2007) |
Military expenditures - percent of GDP | - | 0.5% (2006) |
National holiday | Constitution Day, first Monday in July | Independence Day, 10 July (1973) |
Nationality | noun:
Caymanian(s) adjective: Caymanian |
noun: Bahamian(s)
adjective: Bahamian |
Natural hazards | hurricanes (July to November) | hurricanes and other tropical storms cause extensive flood and wind damage |
Natural resources | fish, climate and beaches that foster tourism | salt, aragonite, timber, arable land |
Net migration rate | 12.58 migrant(s)/1,000 population (2001 est.)
note: major destination for Cubans trying to migrate to the US |
-2.15 migrant(s)/1,000 population (2007 est.) |
Political parties and leaders | there are no formal political parties but the following loose groupings act as political organizations; National Team; Democratic Alliance; Team Cayman | Free National Movement or FNM [Hubert INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE] |
Political pressure groups and leaders | NA | NA |
Population | 35,527 (July 2001 est.) | 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.) |
Population below poverty line | NA% | 9.3% (2004) |
Population growth rate | 2.12% (2001 est.) | 0.602% (2007 est.) |
Ports and harbors | Cayman Brac, George Town | - |
Radio broadcast stations | AM 1, FM 5, shortwave 0 (1998) | AM 3, FM 5, shortwave 0 (2006) |
Radios | 36,000 (1997) | - |
Railways | 0 km | - |
Religions | United Church (Presbyterian and Congregational), Anglican, Baptist, Roman Catholic, Church of God, other Protestant | 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) |
Sex ratio | at birth:
0.86 male(s)/female under 15 years: 0.93 male(s)/female 15-64 years: 0.95 male(s)/female 65 years and over: 0.86 male(s)/female total population: 0.94 male(s)/female (2001 est.) |
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:
NA domestic: NA international: 1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean) |
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) |
Telephones - main lines in use | 19,000 (1995) | 133,100 (2005) |
Telephones - mobile cellular | 2,534 (1995) | 227,800 (2005) |
Television broadcast stations | NA | 2 (2006) |
Terrain | low-lying limestone base surrounded by coral reefs | long, flat coral formations with some low rounded hills |
Total fertility rate | 2.04 children born/woman (2001 est.) | 2.15 children born/woman (2007 est.) |
Unemployment rate | 4.1% (1997) | 10.2% (2005 est.) |
Waterways | none | - |