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Compare Cayman Islands (2004) - Bahamas, The (2008)

Compare Cayman Islands (2004) z Bahamas, The (2008)

 Cayman Islands (2004)Bahamas, The (2008)
 Cayman IslandsBahamas, The
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: 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.)
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 (2003 est.) 62 (2007)
Airports - with paved runways total: 2


1,524 to 2,437 m: 2 (2004 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 (2004 est.)
total: 38


1,524 to 2,437 m: 5


914 to 1,523 m: 11


under 914 m: 22 (2007)
Area total: 262 sq km


land: 262 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 since 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 13.11 births/1,000 population (2004 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 4.76 deaths/1,000 population (2004 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: 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
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 (1999) $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 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. 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.
Electricity - consumption 355.2 million kWh (2001) 1.762 billion kWh (2005)
Electricity - exports 0 kWh (2001) 0 kWh (2005)
Electricity - imports 0 kWh (2001) 0 kWh (2005)
Electricity - production 381.9 million kWh (2001) 1.894 billion kWh (2005)
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 catchments 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 - 0.82 (29 October 2001), 0.83 (3 November 1995), 0.85 (22 November 1993) Bahamian dollars per US dollar - 1 (2007), 1 (2006), 1 (2005), 1 (2004), 1 (2003)
Executive branch 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
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 NA (2001) 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 22.3%, US 19.8%, Poland 13.5%, Germany 13%, UK 5.7%, Guatemala 4.9% (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 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 - $1.27 billion (2002 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 - $35,000 (2002 est.) -
GDP - real growth rate 1.7% (2002 est.) 2.8% (2007 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: 785 km


paved: 785 km (2000)
-
Household income or consumption by percentage share lowest 10%: NA


highest 10%: NA
lowest 10%: NA%


highest 10%: 27% (2000)
Illicit drugs offshore financial center; vulnerable to drug transshipment to the US and Europe transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center
Imports NA (2001) 68,250 bbl/day (2004)
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 24.7%, Brazil 15.7%, Japan 13.1%, South Korea 7.8%, Spain 6.2% (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 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.)
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) 2.8% (2002) 2.4% (2007 est.)
International organization participation Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU 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)
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) 181,900 (2006)
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: 3.85%


permanent crops: 0%


other: 96.15% (2001)
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 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
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: 79.81 years


male: 77.21 years


female: 82.45 years (2004 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 territorial sea: 12 nm


exclusive fishing zone: 200 nm
territorial sea: 12 nm


exclusive economic zone: 200 nm
Merchant marine 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.)
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 no regular military forces; Royal Cayman Islands Police Force 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 18.75 migrant(s)/1,000 population


note: major destination for Cubans trying to migrate to the US (2004 est.)
-2.15 migrant(s)/1,000 population (2007 est.)
Political parties and leaders 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] Free National Movement or FNM [Hubert INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE]
Political pressure groups and leaders NA NA
Population 43,103 (July 2004 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 (2002 est.) 9.3% (2004)
Population growth rate 2.71% (2004 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)
Religions United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic 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: 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.)
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: country code - 1-345; 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 38,000 (2002) 133,100 (2005)
Telephones - mobile cellular 17,000 (2002) 227,800 (2005)
Television broadcast stations 1 with cable system 2 (2006)
Terrain low-lying limestone base surrounded by coral reefs long, flat coral formations with some low rounded hills
Total fertility rate 1.9 children born/woman (2004 est.) 2.15 children born/woman (2007 est.)
Unemployment rate 4.1% (1997) 7.6% (2006 est.)
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