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Compare Luxembourg (2008) - Bahamas, The (2006)

Compare Luxembourg (2008) z Bahamas, The (2006)

 Luxembourg (2008)Bahamas, The (2006)
 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: 18.8% (male 46,478/female 43,656)


15-64 years: 66.6% (male 161,466/female 158,261)


65 years and over: 14.7% (male 28,530/female 41,831) (2007 est.)
0-14 years: 27.5% (male 41,799/female 41,733)


15-64 years: 66.1% (male 98,847/female 102,074)


65 years and over: 6.4% (male 7,891/female 11,426) (2006 est.)
Agriculture - products wine, grapes, barley, oats, potatoes, wheat, fruits; dairy products, livestock products citrus, vegetables; poultry
Airports 2 (2007) 64 (2006)
Airports - with paved runways total: 1


over 3,047 m: 1 (2007)
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 (2006)
Airports - with unpaved runways total: 1


under 914 m: 1 (2007)
total: 35


1,524 to 2,437 m: 3


914 to 1,523 m: 10


under 914 m: 22 (2006)
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. 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 its territory is used for smuggling illegal migrants into the US.
Birth rate 11.84 births/1,000 population (2007 est.) 17.57 births/1,000 population (2006 est.)
Budget revenues: $14.29 billion


expenditures: $13.92 billion (2007 est.)
revenues: $1.03 billion


expenditures: $1.03 billion; including capital expenditures of $130 million (FY04/05)
Capital name: Luxembourg


geographic coordinates: 49 36 N, 6 07 E


time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time)


daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
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 first Sunday in April; ends last Sunday in October
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
Death rate 8.42 deaths/1,000 population (2007 est.) 9.05 deaths/1,000 population (2006 est.)
Debt - external $NA $342.6 million (2004 est.)
Diplomatic representation from the US chief of mission: Ambassador Ann WAGNER


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; US 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 Joseph WEYLAND


chancery: 2200 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 265-4171/72


FAX: [1] (202) 328-8270


consulate(s) general: New York, San Francisco
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 the maritime boundary; continues to monitor and interdict Haitian refugees fleeing economic privation and political instability
Economic aid - donor ODA, $235.6 million (2004) -
Economic aid - recipient - $5 million (2004)
Economy - overview This stable, high-income economy - benefiting from its proximity to France, Belgium, and Germany - 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 28% 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 cross-border workers for about 60% of its labor force. Although Luxembourg, like all EU members, suffered from the global economic slump in the early part of this decade, the country continues to enjoy an extraordinarily high standard of living - GDP per capita ranks first in the world. After two years of strong economic growth in 2006-07, Luxembourg's economy probably will slow in 2008 as a result of turmoil in the world financial markets, but growth will remain above the European average. 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 6.315 billion kWh (2005 est.) 1.683 billion kWh (2003)
Electricity - exports 3.131 billion kWh (2005 est.) 0 kWh (2003)
Electricity - imports 6.392 billion kWh (2005 est.) 0 kWh (2003)
Electricity - production 3.156 billion kWh (2005 est.) 1.81 billion kWh (2003)
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 - 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003) Bahamian dollars per US dollar - 1 (2005), 1 (2004), 1 (2003), 1 (2002), 1 (2001)
Executive branch chief of state: Grand Duke HENRI (since 7 October 2000); Heir Apparent Prince GUILLAUME (son of the monarch)


head of government: Prime Minister Jean-Claude JUNCKER (since 20 January 1995); Deputy 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 Arthur D. HANNA (since 1 February 2006)


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 283 bbl/day (2004) transhipments of 29,000 bbl/day (2003)
Exports - commodities machinery and equipment, steel products, chemicals, rubber products, glass mineral products and salt, animal products, rum, chemicals, fruit and vegetables
Exports - partners Germany 19.3%, France 15.5%, Italy 9.5%, UK 9.5%, Belgium 8.8%, Spain 5.3%, Netherlands 4.5% (2006) US 31%, Spain 29.7%, Poland 9.3%, Germany 5.6%, Guatemala 4.1% (2005)
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 - composition by sector agriculture: 1%


industry: 13%


services: 86% (2005 est.)
agriculture: 3%


industry: 7%


services: 90% (2001 est.)
GDP - real growth rate 5% (2007 est.) 3.7% (2005 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 (2007) 1 (2006)
Household income or consumption by percentage share lowest 10%: 3.5%


highest 10%: 23.8% (2000)
lowest 10%: NA%


highest 10%: 27%
Illicit drugs - transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center
Imports 61,070 bbl/day (2004) NA bbl/day
Imports - commodities minerals, metals, foodstuffs, quality consumer goods machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals
Imports - partners Belgium 26.3%, Germany 20.1%, China 16.7%, France 8.5%, UK 5.5%, Netherlands 4.2% (2006) US 22.5%, South Korea 20.2%, Spain 7.8%, Brazil 7.1%, Italy 6.5%, Germany 5.4% (2005)
Independence 1839 (from the Netherlands) 10 July 1973 (from UK)
Industrial production growth rate 4.3% (2006 est.) NA%
Industries banking and financial services, iron and steel, information technology, telecommunications, cargo transportation, food processing, chemicals, metal products, engineering, tires, glass, aluminum, tourism tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Infant mortality rate total: 4.68 deaths/1,000 live births


male: 4.67 deaths/1,000 live births


female: 4.69 deaths/1,000 live births (2007 est.)
total: 24.68 deaths/1,000 live births


male: 30.29 deaths/1,000 live births


female: 18.96 deaths/1,000 live births (2006 est.)
Inflation rate (consumer prices) 2.1% (2007 est.) 1.2% ( 2004)
International organization participation ACCT, ADB (nonregional members), Australia Group, Benelux, CE, EAPC, EBRD, EIB, EMU, ESA, EU, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, NATO, NEA, NSG, OAS (observer), OECD, OIF, OPCW, OSCE, PCA, Schengen Convention, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNRWA, 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, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WTO (observer), WToO
Irrigated land NA 10 sq km (2003)
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 Privy Council (London); Courts of Appeal; Supreme (lower) Court; magistrates courts
Labor force 205,000 of whom 121,600 are foreign cross-border workers commuting primarily from France, Belgium, and Germany (2007 est.) 176,300 (2004)
Labor force - by occupation agriculture: 1%


industry: 13%


services: 86% (2004 est.)
agriculture 5%, industry 5%, tourism 50%, other services 40% (2005 est.)
Land boundaries total: 359 km


border countries: Belgium 148 km, France 73 km, Germany 138 km
0 km
Land use arable land: 23.94%


permanent crops: 0.39%


other: 75.67% (includes Belgium) (2005)
arable land: 0.58%


permanent crops: 0.29%


other: 99.13% (2005)
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 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%, other 2.8%; 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: 79.03 years


male: 75.76 years


female: 82.52 years (2007 est.)
total population: 65.6 years


male: 62.24 years


female: 69.03 years (2006 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: 45 ships (1000 GRT or over) 682,955 GRT/858,985 DWT


by type: bulk carrier 7, chemical tanker 14, container 7, liquefied gas 2, passenger 3, passenger/cargo 1, petroleum tanker 4, roll on/roll off 7


foreign-owned: 44 (Belgium 9, France 14, Germany 10, Netherlands 1, UK 7, US 3) (2007)
total: 1,177 ships (1000 GRT or over) 37,743,270 GRT/50,918,747 DWT


by type: barge carrier 1, bulk carrier 253, cargo 250, chemical tanker 64, container 79, liquefied gas 35, livestock carrier 2, passenger 115, passenger/cargo 34, petroleum tanker 175, refrigerated cargo 114, roll on/roll off 20, specialized tanker 5, vehicle carrier 30


foreign-owned: 1,093 (Angola 5, Australia 2, Belgium 13, Canada 18, China 3, Cuba 1, Cyprus 13, Denmark 59, Estonia 1, Finland 8, France 37, Germany 22, Greece 232, Hong Kong 8, Iceland 1, India 1, Indonesia 4, Ireland 2, Israel 1, Italy 5, Japan 51, Jordan 2, Kenya 1, Latvia 1, Malaysia 12, Monaco 17, Montenegro 2, Netherlands 24, Nigeria 2, Norway 259, Philippines 1, Poland 15, Reunion 1, Russia 6, Saudi Arabia 12, Singapore 12, Slovenia 1, Spain 12, Sweden 6, Switzerland 2, Thailand 1, Turkey 8, UAE 16, UK 69, Uruguay 2, US 121, Venezuela 1)


registered in other countries: 4 (Barbados 1, Liberia 1, Panama 2) (2006)
Military branches Army Royal Bahamian Defense Force: Marines, Air Wing (2006)
Military expenditures - dollar figure - NA
Military expenditures - percent of GDP 0.9% (2005 est.) NA
National holiday National Day (Birthday of Grand Duchess Charlotte) 23 June; note - the actual date of birth was 23 January 1896, but the festivities were shifted by five months to allow observance during a more favorable time of year 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 8.64 migrant(s)/1,000 population (2007 est.) -2.17 migrant(s)/1,000 population (2006 est.)
Pipelines gas 155 km (2007) -
Political parties and leaders Alternative Democratic Reform Party or ADR [Robert MENLEN]; Christian Social People's Party or CSV [Francois BILTGEN] (also known as Christian Social Party or PCS); Democratic Party or DP [Claude MEISCH]; Green Party [Francois BAUSCH]; Luxembourg Socialist Workers' Party or LSAP [Alex BODRY]; dei Lenk/la Gauche (the Left); other minor parties Free National Movement or FNM [Hubert INGRAHAM]; 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); Greenpeace (environment protection); LCGP (center-right trade union); Mouvement Ecologique (protection of ecology); OGBL (center-left trade union) NA
Population 480,222 (July 2007 est.) 303,770


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 2006 est.)
Population below poverty line NA% 9.3% (2004)
Population growth rate 1.207% (2007 est.) 0.64% (2006 est.)
Radio broadcast stations AM 2, FM 9, shortwave 2 (1999) AM 3, FM 5, shortwave 0 (2006)
Railways total: 275 km


standard gauge: 275 km 1.435-m gauge (243 km electrified) (2006)
-
Religions Roman Catholic 87%, other (includes Protestant, Jewish, and Muslim) 13% (2000) 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: 1.07 male(s)/female


under 15 years: 1.065 male(s)/female


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


65 years and over: 0.682 male(s)/female


total population: 0.97 male(s)/female (2007 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 (2006 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; market for mobile-cellular phones is virtually saturated with roughly 150 cellular phones per 100 persons


international: country code - 352
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 - 2 (2005)
Telephones - main lines in use 246,700 (2006) 139,900 (2004)
Telephones - mobile cellular 713,800 (2006) 186,000 (2004)
Television broadcast stations 5 (1999) 2 (2006)
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 1.78 children born/woman (2007 est.) 2.18 children born/woman (2006 est.)
Unemployment rate 4.4% (2007 est.) 10.2% (2005 est.)
Waterways 37 km (on Moselle River) (2007) -
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