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Compare Luxembourg (2004) - Bahamas, The (2004)

Compare Luxembourg (2004) z Bahamas, The (2004)

 Luxembourg (2004)Bahamas, The (2004)
 LuxembourgBahamas, The
Administrative divisions 3 districts; Diekirch, Grevenmacher, Luxembourg 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: 19% (male 45,422; female 42,638)


15-64 years: 66.4% (male 155,519; female 151,891)


65 years and over: 14.5% (male 26,981; female 40,239) (2004 est.)
0-14 years: 28.3% (male 42,474; female 42,423)


15-64 years: 65.7% (male 96,825; female 99,985)


65 years and over: 6% (male 7,351; female 10,639) (2004 est.)
Agriculture - products barley, oats, potatoes, wheat, fruits, wine grapes; livestock products citrus, vegetables; poultry
Airports 2 (2003 est.) 63 (2003 est.)
Airports - with paved runways total: 1


over 3,047 m: 1 (2004 est.)
total: 29


over 3,047 m: 2


2,438 to 3,047 m: 3


1,524 to 2,437 m: 14


914 to 1,523 m: 9


under 914 m: 1 (2004 est.)
Airports - with unpaved runways total: 1


under 914 m: 1 (2004 est.)
total: 34


1,524 to 2,437 m: 3


914 to 1,523 m: 10


under 914 m: 21 (2004 est.)
Area total: 2,586 sq km


land: 2,586 sq km


water: 0 sq km
total: 13,940 sq km


land: 10,070 sq km


water: 3,870 sq km
Area - comparative slightly smaller than Rhode Island slightly smaller than Connecticut
Background Founded in 963, Luxembourg became a grand duchy in 1815 and an independent state under the Netherlands. It lost more than half of its territory to Belgium in 1839, but gained a larger measure of autonomy. Full independence was attained in 1867. Overrun by Germany in both World Wars, it ended its neutrality in 1948 when it entered into the Benelux Customs Union and when it joined NATO the following year. In 1957, Luxembourg became one of the six founding countries of the European Economic Community (later the European Union), and in 1999 it joined the euro currency area. Arawak 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 its territory is used for smuggling illegal migrants into the US.
Birth rate 12.21 births/1,000 population (2004 est.) 18.22 births/1,000 population (2004 est.)
Budget revenues: $11.82 billion


expenditures: $12.06 billion, including capital expenditures of $760 million (2003 est.)
revenues: $918.5 million


expenditures: $956.5 million, including capital expenditures of $106.7 million (FY99/00)
Capital Luxembourg Nassau
Climate modified continental with mild winters, cool summers tropical marine; moderated by warm waters of Gulf Stream
Coastline 0 km (landlocked) 3,542 km
Constitution 17 October 1868, occasional revisions 10 July 1973
Country name conventional long form: Grand Duchy of Luxembourg


conventional short form: Luxembourg


local long form: Grand Duche de Luxembourg


local short form: Luxembourg
conventional long form: Commonwealth of The Bahamas


conventional short form: The Bahamas
Currency euro (EUR)


note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries
Bahamian dollar (BSD)
Death rate 8.42 deaths/1,000 population (2004 est.) 8.82 deaths/1,000 population (2004 est.)
Debt - external NA $308.5 million (2002)
Diplomatic representation from the US chief of mission: Ambassador Peter TERPELUK, Jr.


embassy: 22 Boulevard Emmanuel Servais, L-2535 Luxembourg City


mailing address: American Embassy Luxembourg, Unit 1410, APO AE 09126-1410 (official mail); American Embassy Luxembourg, PSC 9, Box 9500, APO AE 09123 (personal mail)


telephone: [352] 46 01 23


FAX: [352] 46 14 01
chief of mission: Ambassador John D. ROOD


embassy: 42 Queen Street, Nassau


mailing address: local or express mail address: P. O. Box N-8197, Nassau; Department of State, 3370 Nassau Place, Washington, DC 20521-3370


telephone: [1] (242) 322-1181, 328-2206 (after hours)


FAX: [1] (242) 356-0222
Diplomatic representation in the US chief of mission: Ambassador Arlette CONZEMIUS-PACCOURD


chancery: 2200 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 265-4171


FAX: [1] (202) 328-8270


consulate(s) general: New York and San Francisco
chief of mission: Ambassador Joshua SEARS


chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 319-2660


FAX: [1] (202) 319-2668


consulate(s) general: Miami and New York
Disputes - international none concerned about migrants fleeing Haiti's deteriorated economic and political conditions
Economic aid - donor ODA, $147 million (2002) -
Economic aid - recipient - $9.8 million (1995)
Economy - overview This stable, high-income economy features solid growth, low inflation, and low unemployment. The industrial sector, initially dominated by steel, has become increasingly diversified to include chemicals, rubber, and other products. Growth in the financial sector, which now accounts for about 22% of GDP, has more than compensated for the decline in steel. Most banks are foreign-owned and have extensive foreign dealings. Agriculture is based on small family-owned farms. The economy depends on foreign and trans-border workers for more than 30% of its labor force. Although Luxembourg, like all EU members, has suffered from the global economic slump, the country has maintained a fairly strong growth rate and enjoys an extraordinarily high standard of living. The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking. Tourism alone accounts for more than 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. 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. In addition to tourism and banking, the government supports the development of a "third pillar," e-commerce.
Electricity - consumption 6.07 billion kWh (2001) 1.451 billion kWh (2001)
Electricity - exports 744 million kWh (2001) 0 kWh (2001)
Electricity - imports 6.389 billion kWh (2001) 0 kWh (2001)
Electricity - production 457 million kWh (2001) 1.56 billion kWh (2001)
Elevation extremes lowest point: Moselle River 133 m


highest point: Buurgplaatz 559 m
lowest point: Atlantic Ocean 0 m


highest point: Mount Alvernia, on Cat Island 63 m
Environment - current issues air and water pollution in urban areas, soil pollution of farmland coral reef decay; solid waste disposal
Environment - international agreements party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Persistent Organic Pollutants, Air Pollution-Sulfur 85, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands


signed, but not ratified: Environmental Modification
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 Celtic base (with French and German blend), Portuguese, Italian, Slavs (from Montenegro, Albania, and Kosovo) and European (guest and resident workers) black 85%, white 12%, Asian and Hispanic 3%
Exchange rates euros per US dollar - 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999) Bahamian dollars per US dollar - 1 (2003), 1 (2002), 1 (2001), 1 (2000), 1 (1999)
Executive branch chief of state: Grand Duke HENRI (since 7 October 2000); Heir Apparent Prince GUILLAUME (son of the monarch, born 11 November 1981)


head of government: Prime Minister Jean-Claude JUNCKER (since 1 January 1995) and Vice Prime Minister Jean ASSELBORN (since 31 July 2004)


cabinet: Council of Ministers recommended by the prime minister and appointed by the monarch


elections: none; the monarch is hereditary; following popular elections to the Chamber of Deputies, the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the monarch; the deputy prime minister is appointed by the monarch; they are responsible to the Chamber of Deputies


note: government coalition - CSV and LSAP
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor General Dame Ivy DUMONT (since NA May 2002)


head of government: Prime Minister Perry CHRISTIE (since 3 May 2002) and Deputy Prime Minister Cynthia PRATT (since 7 May 2002)


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 634 bbl/day (2001) NA (2001)
Exports - commodities machinery and equipment, steel products, chemicals, rubber products, glass fish and crawfish; rum, salt, chemicals; fruit and vegetables
Exports - partners Germany 23.3%, France 19%, Belgium 10.4%, UK 9.1%, Italy 6.8%, Spain 4.6%, Netherlands 4.3% (2003) US 35%, Spain 9.6%, Germany 7.8%, France 7.6%, Poland 5.3%, Switzerland 4.8%, Peru 4.2%, Paraguay 4.2% (2003)
Fiscal year calendar year 1 July - 30 June
Flag description three equal horizontal bands of red (top), white, and light blue; similar to the flag of the Netherlands, which uses a darker blue and is shorter; design was based on the flag of France three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side
GDP purchasing power parity - $25.01 billion (2003 est.) purchasing power parity - $5.049 billion (2003 est.)
GDP - composition by sector agriculture: 0.5%


industry: 16.6%


services: 82.9% (2002 est.)
agriculture: 3%


industry: 7%


services: 90% (2001 est.)
GDP - per capita purchasing power parity - $55,100 (2003 est.) purchasing power parity - $16,700 (2003 est.)
GDP - real growth rate 1.2% (2003 est.) 0% (2003 est.)
Geographic coordinates 49 45 N, 6 10 E 24 15 N, 76 00 W
Geography - note landlocked; the only Grand Duchy in the world strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited
Heliports 1 (2003 est.) 1 (2003 est.)
Highways total: 5,189 km


paved: 5,189 km (including 114 km of expressways)


unpaved: 0 km (2000)
total: 2,693 km


paved: 1,546 km


unpaved: 1,147 km (1999 est.)
Household income or consumption by percentage share lowest 10%: NA


highest 10%: NA
lowest 10%: NA


highest 10%: NA
Illicit drugs - transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center
Imports 50,700 bbl/day (2001) NA (2001)
Imports - commodities minerals, metals, foodstuffs, quality consumer goods machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals
Imports - partners Belgium 29%, Germany 22.9%, France 11.4%, China 10.9%, Netherlands 4.8% (2003) US 20.8%, South Korea 17.4%, Italy 11.4%, France 9.1%, Brazil 7.5%, Japan 5.6%, Venezuela 5.3% (2003)
Independence 1839 (from the Netherlands) 10 July 1973 (from UK)
Industrial production growth rate 1.7% (2003 est.) NA (2002 est.)
Industries banking, iron and steel, food processing, chemicals, metal products, engineering, tires, glass, aluminum tourism, banking, e-commerce, cement, oil refining and transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Infant mortality rate total: 4.88 deaths/1,000 live births


male: 4.84 deaths/1,000 live births


female: 4.92 deaths/1,000 live births (2004 est.)
total: 25.7 deaths/1,000 live births


male: 31.73 deaths/1,000 live births


female: 19.55 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) 2% (2003 est.) 1.7% (2002 est.)
International organization participation ACCT, AsDB, Australia Group, Benelux, CE, EAPC, EBRD, EIB, EMU, EU, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, MIGA, NATO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE, PCA, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WCO, WEU, WHO, WIPO, WMO, WTO, ZC ACP, C, Caricom, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOM, IOC, ITU, LAES, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WTO (observer)
Irrigated land 40 sq km (includes Belgium) (1998 est.) NA sq km
Judicial branch judicial courts and tribunals (3 Justices of the Peace, 2 district courts, and 1 Supreme Court of Appeals); administrative courts and tribunals (State Prosecutor's Office, administrative courts and tribunals, and the Constitutional Court); judges for all courts are appointed for life by the monarch Supreme Court; Court of Appeal; magistrates courts
Labor force 200,000 (of whom 87,400 are foreign cross-border workers primarily from France, Belgium, and Germany) (2003) 156,000 (1999)
Labor force - by occupation agriculture 1.9%, industry 8%, services 90.1% (1999 est.) agriculture 5%, industry 5%, tourism 50%, other services 40% (1999 est.)
Land boundaries total: 359 km


border countries: Belgium 148 km, France 73 km, Germany 138 km
0 km
Land use arable land: 23.28%


permanent crops: 0.4%


other: 76.32% (includes Belgium) (2001)
arable land: 0.8%


permanent crops: 0.4%


other: 98.8% (2001)
Languages Luxembourgish (national language), German (administrative language), French (administrative language) English (official), Creole (among Haitian immigrants)
Legal system based on civil law system; accepts compulsory ICJ jurisdiction based on English common law
Legislative branch unicameral Chamber of Deputies or Chambre des Deputes (60 seats; members are elected by direct popular vote to serve five-year terms)


elections: last held 13 June 2004 (next to be held by June 2009)


election results: percent of vote by party - CSV 36.1%, LSAP 23.4%, DP 16.1%, Green Party 11.6%, ADR 10%; seats by party - CSV 24, LSAP 14, DP 10, Green Party 7, ADR 5


note: there is also a Council of State that serves as an advisory body to the Chamber of Deputies; the Council of State has 21 members appointed by the Grand Duke on the advice of the prime minister
bicameral Parliament consists of the Senate (16-member body appointed by the governor general upon the advice of the prime minister and the opposition leader for five-year terms) and the House of Assembly (40 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 1 May 2002 (next to be held by May 2007)


election results: percent of vote by party - PLP 50.8%, FNM 41.1%, independents 5.2%; seats by party - PLP 29, FNM 7, independents 4
Life expectancy at birth total population: 78.58 years


male: 75.31 years


female: 82.07 years (2004 est.)
total population: 65.63 years


male: 62.21 years


female: 69.11 years (2004 est.)
Literacy definition: age 15 and over can read and write


total population: 100%


male: 100%


female: 100% (2000 est.)
definition: age 15 and over can read and write


total population: 95.6%


male: 94.7%


female: 96.5% (2003 est.)
Location Western Europe, between France and Germany Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba
Map references Europe Central America and the Caribbean
Maritime claims none (landlocked) territorial sea: 12 nm


exclusive economic zone: 200 nm
Merchant marine total: 40 ships (1,000 GRT or over) 652,454 GRT/805,101 DWT


by type: chemical tanker 11, container 8, liquefied gas 4, passenger 4, petroleum tanker 6, roll on/roll off 7


foreign-owned: Belgium 7, Denmark 1, Finland 3, France 3, Germany 10, Monaco 1, Netherlands 5, Switzerland 1, United Kingdom 7, United States 3


registered in other countries: 1 (2004 est.)
total: 1,035 ships (1,000 GRT or over) 31,631,252 GRT/43,025,977 DWT


by type: bulk 165, cargo 188, chemical tanker 45, combination bulk 10, combination ore/oil 17, container 97, liquefied gas 27, livestock carrier 2, multi-functional large load carrier 4, passenger 108, passenger/cargo 1, petroleum tanker 163, refrigerated cargo 133, roll on/roll off 34, short-sea/passenger 18, specialized tanker 3, vehicle carrier 20


foreign-owned: Algeria 1, Australia 7, Belgium 14, Bermuda 1, Canada 4, Chile 1, China 4, Croatia 1, Cuba 3, Cyprus 14, Denmark 49, Estonia 1, Faroe Islands 1, Finland 9, France 21, Germany 13, Gibraltar 1, Greece 163, Hong Kong 9, India 1, Indonesia 3, Ireland 1, Israel 3, Italy 7, Japan 35, Kenya 2, South Korea 1, Latvia 1, Liberia 1, Malaysia 11, Malta 1, Monaco 68, Netherlands 29, New Zealand 1, Norway 231, Panama 2, Philippines 3, Poland 14, Reunion 1, Russia 1, Saudi Arabia 9, Singapore 13, Slovenia 1, Spain 6, Sweden 9, Switzerland 1, Thailand 1, Trinidad and Tobago 2


registered in other countries: 11 (2004 est.)
Military branches Army Royal Bahamas Defense Force (including Coast Guard)
Military expenditures - dollar figure $231.6 million (2003) NA
Military expenditures - percent of GDP 0.9% (2003) NA
Military manpower - availability males age 15-49: 115,721 (2004 est.) -
Military manpower - fit for military service males age 15-49: 95,107 (2004 est.) -
Military manpower - reaching military age annually males: 2,601 (2004 est.) -
National holiday National Day (Birthday of Grand Duchess Charlotte) 23 June Independence Day, 10 July (1973)
Nationality noun: Luxembourger(s)


adjective: Luxembourg
noun: Bahamian(s)


adjective: Bahamian
Natural hazards NA hurricanes and other tropical storms cause extensive flood and wind damage
Natural resources iron ore (no longer exploited), arable land salt, aragonite, timber, arable land
Net migration rate 8.97 migrant(s)/1,000 population (2004 est.) -2.2 migrant(s)/1,000 population (2004 est.)
Pipelines gas 155 km (2004) -
Political parties and leaders Action Committee for Democracy and Justice or ADR [Gast GIBERYOEN]; Christian Social People's Party or CSV (known also as Christian Social Party or PCS) [Francois BILTGEN]; Democratic Party or DP [Claude MEISCH]; Green Party [Francois BAUSCH]; Luxembourg Socialist Workers' Party or LSAP [Alex BODRY]; Marxist and Reformed Communist Party DEI LENK (the Left) [no formal leadership]; other minor parties Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE]
Political pressure groups and leaders ABBL (bankers' association); ALEBA (financial sector trade union); Centrale Paysanne (federation of agricultural producers); CEP (professional sector chamber); CGFP (trade union representing civil service); Chambre de Commerce (Chamber of Commerce); Chambre des Metiers (Chamber of Artisans); FEDIL (federation of industrialists); LCGP (center-right trade union); OGBL (center-left trade union) NA
Population 462,690 (July 2004 est.) 299,697


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 2004 est.)
Population below poverty line NA NA
Population growth rate 1.28% (2004 est.) 0.72% (2004 est.)
Ports and harbors Mertert Freeport, Matthew Town, Nassau
Radio broadcast stations AM 2, FM 9, shortwave 2 (1999) AM 3, FM 5, shortwave 0 (2004)
Railways total: 274 km


standard gauge: 274 km 1.435-m gauge (242 km electrified) (2003)
-
Religions 87% Roman Catholic, 13% Protestants, Jews, and Muslims (2000) Baptist 32%, Anglican 20%, Roman Catholic 19%, Methodist 6%, Church of God 6%, other Protestant 12%, none or unknown 3%, other 2%
Sex ratio at birth: 1.07 male(s)/female


under 15 years: 1.07 male(s)/female


15-64 years: 1.02 male(s)/female


65 years and over: 0.67 male(s)/female


total population: 0.97 male(s)/female (2004 est.)
at birth: 1.02 male(s)/female


under 15 years: 1 male(s)/female


15-64 years: 0.97 male(s)/female


65 years and over: 0.69 male(s)/female


total population: 0.96 male(s)/female (2004 est.)
Suffrage 18 years of age; universal and compulsory 18 years of age; universal
Telephone system general assessment: highly developed, completely automated and efficient system, mainly buried cables


domestic: nationwide cellular telephone system; buried cable


international: country code - 352; 3 channels leased on TAT-6 coaxial submarine cable (Europe to North America)
general assessment: modern facilities


domestic: totally automatic system; highly developed


international: country code - 1-242; tropospheric scatter and submarine cable to Florida; 3 coaxial submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean) (1997)
Telephones - main lines in use 355,400 (2002) 131,700 (2003)
Telephones - mobile cellular 473,000 (2002) 121,800 (2002)
Television broadcast stations 5 (1999) 2 (2004)
Terrain mostly gently rolling uplands with broad, shallow valleys; uplands to slightly mountainous in the north; steep slope down to Moselle flood plain in the southeast long, flat coral formations with some low rounded hills
Total fertility rate 1.79 children born/woman (2004 est.) 2.23 children born/woman (2004 est.)
Unemployment rate 3.6% (2003 est.) 6.9% (2001 est.)
Waterways 37 km (on Moselle River) (2003) -
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