Bahamas, The |
|
Introduction |
Background: Since attaining independence from the UK in 1973, The Bahamas have prospered through tourism and international banking and investment management. By the early 1980s, the islands had become a major center for drug trafficking, particularly shipments to the US.
Geography |
Location: Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida
Geographic coordinates: 24 15 N, 76 00 W
Map references: Central America and the Caribbean
Area:
total:
13,940 sq km
land:
10,070 sq km
water:
3,870 sq km
Area - comparative: slightly smaller than Connecticut
Land boundaries: 0 km
Coastline: 3,542 km
Maritime claims:
continental shelf:
200-m depth or to the depth of exploitation
exclusive economic zone:
200 nm
territorial sea:
12 nm
Climate: tropical marine; moderated by warm waters of Gulf Stream
Terrain: long, flat coral formations with some low rounded hills
Elevation extremes:
lowest point:
Atlantic Ocean 0 m
highest point:
Mount Alvernia, on Cat Island 63 m
Natural resources: salt, aragonite, timber
Land use:
arable land:
1%
permanent crops:
0%
permanent pastures:
0%
forests and woodland:
32%
other:
67% (1993 est.)
Irrigated land: NA sq km
Natural hazards: hurricanes and other tropical storms that cause extensive flood and wind damage
Environment - current issues: coral reef decay; solid waste disposal
Environment - international agreements:
party to:
Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Endangered Species, Hazardous Wastes, Law of the Sea, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Wetlands
signed, but not ratified:
none of the selected agreements
Geography - note: strategic location adjacent to US and Cuba; extensive island chain
People |
Population:
294,982
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 2000 est.)
Age structure:
0-14 years:
30% (male 44,339; female 43,667)
15-64 years:
64% (male 93,072; female 96,457)
65 years and over:
6% (male 7,298; female 10,149) (2000 est.)
Population growth rate: 1.01% (2000 est.)
Birth rate: 19.54 births/1,000 population (2000 est.)
Death rate: 6.81 deaths/1,000 population (2000 est.)
Net migration rate: -2.67 migrant(s)/1,000 population (2000 est.)
Sex ratio:
at birth:
1.02 male(s)/female
under 15 years:
1.02 male(s)/female
15-64 years:
0.96 male(s)/female
65 years and over:
0.72 male(s)/female
total population:
0.96 male(s)/female (2000 est.)
Infant mortality rate: 16.99 deaths/1,000 live births (2000 est.)
Life expectancy at birth:
total population:
71.07 years
male:
68.25 years
female:
73.94 years (2000 est.)
Total fertility rate: 2.33 children born/woman (2000 est.)
Nationality:
noun:
Bahamian(s)
adjective:
Bahamian
Ethnic groups: black 85%, white 12%, Asian and Hispanic 3%
Religions: Baptist 32%, Anglican 20%, Roman Catholic 19%, Methodist 6%, Church of God 6%, other Protestant 12%, none or unknown 3%, other 2%
Languages: English, Creole (among Haitian immigrants)
Literacy:
definition:
age 15 and over can read and write
total population:
98.2%
male:
98.5%
female:
98% (1995 est.)
Government |
Country name:
conventional long form:
Commonwealth of The Bahamas
conventional short form:
The Bahamas
Data code: BF
Government type: constitutional parliamentary democracy
Capital: Nassau
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, Nicholls Town and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay
Independence: 10 July 1973 (from UK)
National holiday: National Day, 10 July (1973)
Constitution: 10 July 1973
Legal system: based on English common law
Suffrage: 18 years of age; universal
Executive branch:
chief of state:
Queen ELIZABETH II (since 6 February 1952), represented by Governor General Sir Orville TURNQUEST (since 2 January 1995)
head of government:
Prime Minister Hubert Alexander INGRAHAM (since 19 August 1992) and Deputy Prime Minister Frank WATSON (since December 1994)
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; prime minister and deputy prime minister appointed by the governor general
Legislative branch:
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 a five-year term) and the House of Assembly (40 seats; members elected by direct popular vote to serve five-year terms)
elections:
last held 14 March 1997 (next to be held by March 2002)
election results:
percent of vote by party - NA; seats by party - FNM 35, PLP 5
Judicial branch: Supreme Court; Court of Appeal; magistrate's courts
Political parties and leaders: Free National Movement or FNM [Hubert Alexander INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE]
International organization participation: ACP, C, Caricom, CCC, CDB, ECLAC, FAO, G-77, IADB, IBRD, ICAO, ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, ITU, LAES, NAM, OAS, OPANAL, OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WMO, WTrO (applicant)
Diplomatic representation in the US:
chief of mission:
Ambassador Arlington Griffith BUTLER
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
Diplomatic representation from the US:
chief of mission:
Ambassador Arthur SCHECHTER
embassy:
Queen Street, Nassau
mailing address:
local or express mail address: P. O. Box N-8197, Nassau; stateside address: American Embassy Nassau, P. O. Box 599009, Miami, FL 33159-9009; pouch address: Nassau, Department of State, Washington, DC 20521-3370
telephone:
[1] (242) 322-1181
FAX:
[1] (242) 356-0222
Flag description: three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side
Economy |
Economy - overview: 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 40% of the archipelago's labor force. Moderate growth in tourism receipts and a boom in construction of new hotels, resorts, and residences led to an increase of the country's GDP by an estimated 3% in 1998. Manufacturing and agriculture together contribute less than 10% of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run will depend heavily on the fortunes of the tourism sector and continued income growth in the US, which accounts for the majority of tourist visitors.
GDP: purchasing power parity - $5.58 billion (1998 est.)
GDP - real growth rate: 3% (1998 est.)
GDP - per capita: purchasing power parity - $20,000 (1998 est.)
GDP - composition by sector:
agriculture:
3%
industry:
5%
services:
92% (1997 est.)
Population below poverty line: NA%
Household income or consumption by percentage share:
lowest 10%:
NA%
highest 10%:
NA%
Inflation rate (consumer prices): 1.3% (1998)
Labor force: 148,000 (1996)
Labor force - by occupation: tourism 40%, other services 50%, industry 5%, agriculture 5% (1995 est.)
Unemployment rate: 9% (1998 est.)
Budget:
revenues:
$766 million
expenditures:
$845 million, including capital expenditures of $97 million (FY97/98)
Industries: tourism, banking, cement, oil refining and transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Industrial production growth rate: NA%
Electricity - production: 1.34 billion kWh (1998)
Electricity - production by source:
fossil fuel:
100%
hydro:
0%
nuclear:
0%
other:
0% (1998)
Electricity - consumption: 1.246 billion kWh (1998)
Electricity - exports: 0 kWh (1998)
Electricity - imports: 0 kWh (1998)
Agriculture - products: citrus, vegetables; poultry
Exports: $362.8 million (1998)
Exports - commodities: pharmaceuticals, cement, rum, crawfish, refined petroleum products
Exports - partners: US 22.3%, Switzerland 15.6%, UK 15%, Denmark 7.4% (1998)
Imports: $1.74 billion (1998)
Imports - commodities: foodstuffs, manufactured goods, crude oil, vehicles, electronics
Imports - partners: US 27.3%, Italy 26.5%, Japan 10%, Denmark 4.2% (1998)
Debt - external: $349 million (1998)
Economic aid - recipient: $9.8 million (1995)
Currency: 1 Bahamian dollar (B$) = 100 cents
Exchange rates: Bahamian dollar (B$) per US$1 - 1.000 (fixed rate pegged to the dollar)
Fiscal year: 1 July - 30 June
Communications |
Telephones - main lines in use: 77,000 (1994)
Telephones - mobile cellular: 2,400 (1993)
Telephone system:
domestic:
totally automatic system; highly developed
international:
tropospheric scatter and submarine cable to Florida; 3 coaxial submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean)
Radio broadcast stations: AM 3, FM 4, shortwave 0 (1998)
Radios: 215,000 (1997)
Television broadcast stations: 1 (1997)
Televisions: 67,000 (1997)
Internet Service Providers (ISPs): 3 (1999)
Transportation |
Railways: 0 km
Highways:
total:
2,693 km
paved:
1,546 km
unpaved:
1,147 km (1997 est.)
Ports and harbors: Freeport, Matthew Town, Nassau
Merchant marine:
total:
1,075 ships (1,000 GRT or over) totaling 28,630,674 GRT/44,111,353 DWT
ships by type:
bulk 201, cargo 233, chemical tanker 41, combination bulk 15, combination ore/oil 25, container 59, liquified gas 35, livestock carrier 1, passenger 68, passenger/cargo 1, petroleum tanker 177, rail car carrier 1, refrigerated cargo 129, roll-on/roll-off 51, short-sea passenger 12, specialized tanker 3, vehicle carrier 23 (1999 est.)
note:
a flag of convenience registry; includes ships from 49 countries among which are Norway 177, Greece 141, UK 113, US 61, Denmark 39, Finland 27, Japan 25, Sweden 24, France 22, and Italy 22 (1998 est.)
Airports: 62 (1999 est.)
Airports - with paved runways:
total:
33
over 3,047 m:
2
2,438 to 3,047 m:
2
1,524 to 2,437 m:
15
914 to 1,523 m:
12
under 914 m:
2 (1999 est.)
Airports - with unpaved runways:
total:
29
1,524 to 2,437 m:
1
914 to 1,523 m:
7
under 914 m:
21 (1999 est.)
Heliports: 1 (1999 est.)
Military |
Military branches: Royal Bahamas Defense Force (Coast Guard only), Royal Bahamas Police Force
Military expenditures - dollar figure: $20 million (FY95/96)
Military expenditures - percent of GDP: NA%
Transnational Issues |
Disputes - international: none
Illicit drugs:
transshipment point for cocaine and marijuana bound for US and Europe; banking industry vulnerable to money laundering