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Bahamas Facts

Bahamas Facts | Commonwealth of The Bahamas Information | Bahamas Statistics | Bahamas

Bahamas Facts |  Commonwealth of The Bahamas Information | Bahamas Statistics Bahamas Facts |  Commonwealth of The Bahamas Information | Bahamas Statistics
North America Continent
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Bahamas Facts |  Commonwealth of The Bahamas Information | Bahamas Statistics Bahamas Facts |  Commonwealth of The Bahamas Information | Bahamas Statistics
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  Bahamas Facts |  Commonwealth of The Bahamas Information | Bahamas Statistics  
Background: 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.
Common Name: Bahamas Local Official Name: Bahamas
Abbreviated Name: Commonwealth of The Bahamas Official Name: Bahamas
Official Script Name: Bahamas Local Common Name: Bahamas
Former Name: Bahamas Territory of: NA
Head of State: Queen ELIZABETH II
Government Type: constitutional parliamentary democracy
Independence: 1973 July 10 (from UK)
Constitution: 1973 July 10
National Holiday: Independence Day, 10 July
International Organization Participation: 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
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, Nichollstown and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay
Dependent Areas: NA
Legal System: based on English common law
Suffrage: 18 years
Executive, Legislative and Judicial Branches: Executive Branch: 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 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 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 Judicial Branch: Privy Council (London); Courts of Appeal; Supreme (lower) Court; magistrates courts
Party Leaders: Free National Movement or FNM [Hubert INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE]
International Disputes: NA
Illicit Drugs: disagrees with the US on the alignment of the maritime boundary; continues to monitor and interdict Haitian refugees fleeing economic privation and political instability 
  Bahamas Facts |  Commonwealth of The Bahamas Information | Bahamas Statistics  
Location of Bahamas: Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba
Continent: North America Land Area Total: 13,940 sq km 
Region: Caribbean Land Area Land: 10,070 sq km
Capitol City: Nassau Land Area Water: 3,870 sq km
Latitude: 024 15 N Border Boundary Land: 0 km
Longitude: 076 00 W Border Boundary Coastline: 3,542 km 
Arable Land: 0.58 % Pastures: 0.00 %
Crops: 0.29 % Woodlands and Forests: 0.00
Highest Elevation: 63 m Location: Mount Alvernia, on Cat Island
Lowest Elevation: 0 m Location: Atlantic Ocean
Largest City in Bahamas: Nassau Nassau Largest City Population: 214,000
Threatened Species: 36
Environmental Issues: coral reef decay; solid waste disposal
Environmental 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
Irrigated Land: 10
Bordering Countries: NA
Natural Resources: salt, aragonite, timber, arable land
Geographical Terrain: long, flat coral formations with some low rounded hills
Comparative Area of Bahamas: slightly smaller than Connecticut
Bahamas's Geography: strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited

  Bahamas Facts |  Commonwealth of The Bahamas Information | Bahamas Statistics  
General Climate: tropical marine; moderated by warm waters of Gulf Stream
Natural Hazards: hurricanes and other tropical storms cause extensive flood and wind damage
  Bahamas Facts |  Commonwealth of The Bahamas Information | Bahamas Statistics  
Economic Overview: 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.
GDP: $6,105,000,000 USD Currency: Bahamian dollar
GDP per Capita: $20,200 USD Currency Code: BSD
GDP Growth Rate: 3.70 %
Currency Exchange Rate History: Bahamian dollars per US dollar - 1 (2005), 1 (2004), 1 (2003), 1 (2002), 1 (2001)
GDP of Agriculture: 3.00 % GDP of Industry: 7.00 %
GDP of Services: 90.00 %  
Inflation Rate: 1.20 % Population in Poverty: 9.30 %
Unemployment Rate: 10.20 % Tourism: 1,577,000.00 visitors each year
Consumption by lowest 10%: 0.00 % Budget Revenue in USD: $1,030,000,000 USD
Consumption by upper 10%: 27.00 % Budget Expenditures in USD: $1,030,000,000 USD
Electricity Production: 1,810,000,000 kWh Electricity Exports: 0 kWh
Electricity Consumption: 1,683,000,000 kWh Electricity Imports: 0 kWh

Electricity Production by Source:
Fossil Fuel Electricity Production: 100.00% Nuclear Electricity Production: 0.00%
Hydro Electricity Production: 0.00% Other Electricity Production: 0.00%
Oil Production: 0 barrels per day Natural Gas Production: 0 cu m
Oil Consumption: 230,000 barrels per day Natural Gas Consumption: 0 cu m
Oil Exports: 0 barrels per day Natural Gas Exports: 0 cu m
Oil Imports: 0 barrels per day Natural Gas Imports: 0 cu m
Proven Oil Reserves: 0 barrels Proven Natural Gas Reserves: 0 cu m
External Debt: $342,600,000 USD Received in economic aid: $5,000,000 USD
  Donated in economic aid: $0 USD
Agricultural Products: citrus, vegetables; poultry
Primary Industries: tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Industrial Growth Rate: 0.00 %
Import Amount in USD: $1,820,000,000 USD - machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals
Import Partners: US 22.5%, South Korea 20.2%, Spain 7.8%, Brazil 7.1%, Italy 6.5%, Germany 5.4%
Export Amount in USD: $469,300,000,000 USD - mineral products and salt, animal products, rum, chemicals, fruit and vegetables
Export Partners: US 31%, Spain 29.7%, Poland 9.3%, Germany 5.6%, Guatemala 4.1%
GINI Index: 0.00%
Labor Force Number of People: 176,300
Labor Force by Occupations: agriculture 5%, industry 5%, tourism 50%, other services 40%
  Bahamas Facts |  Commonwealth of The Bahamas Information | Bahamas Statistics  
Radio Broadcast Stations: 8 Number of People with Radios: 215,000
Television Broadcast Stations: 2 Number of People with Televisions: 67,000
Number of People with Mainline Telephones: 139,900 Number of People with Mobile Phones: 186,000
Internet Service Providers: 591 Internet Users: 93,000
Internet Country Code: .bs Newspapers: 125
Two Letter Country Code: BF Weights and Measures:
Phone Country Code: 1-242 Electricity Voltage: 120 Volts
Telephone Systems: 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
  Bahamas Facts |  Commonwealth of The Bahamas Information | Bahamas Statistics  


Highways: 1,546 km Railways: 0 km
Gas And Oil Pipelines: 0 km Waterways: 0 km
Airports: 29 Heliports: 1
Motor Vehicles: 284 per 1,000 people CO2 Emissions: 1,740,000 Metric Tons of CO2 per year
  Per capita CO2 emissions: 6.00 Metric Tons of CO2 per year
Merchant Marines: 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)
Ports and Harbors: Freeport, Nassau, South Riding Point
  Bahamas Facts |  Commonwealth of The Bahamas Information | Bahamas Statistics  
Population: 303,770 people type - nationality Birth Rate: 17.57 births per 1,000 people
Population Density: 23.00 people per sq km Death Rate: 9.05 deaths per 1,000 people
Population Growth: 0.64% per year Fertility Rate per Women: 2.18 babies born per woman
Population Male 0-14: 41,799 Population Female 0-14: 41,733
Population Male 15-64: 98,847 Population Female 15-64: 102,074
Population Male 65+: 7,891 Population Female 65+: 11,426
Population 0-14: 27.50% Literacy Rate: 95.60%
Population 15-64: 66.10% Literacy rate of Males: 94.70%
Population 65+: 6.40% Literacy rate of Females: 96.50%
Population that is Male: 48.00 % Population that is Female: 52.00%
Life expectancy at birth in years: 65.60 years Infant mortality rate - baby deaths per 1000 births: 24.68 Babies die per 1,000 births
Life expectancy at birth for Males: 62.24 years Life expectancy at birth for Females: 69.03 years
Rate of AIDS/HIV infection: 3.00% Number of people living with AIDS or HIV: 5,600
Number of people who died of AIDS: 0
Disease Risk:
Net Migration Rate per 1,000 people: -2.17
Nationality: BAHAMIAN
Ethnic Groups: black 85%, white 12%, Asian and Hispanic 3% 
Primary Language: English
Other Languages: English, Creole (among Haitian immigrants)
Primary Religion: Baptist
Other Religions: 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%
  Bahamas Facts |  Commonwealth of The Bahamas Information | Bahamas Statistics  
Branches: Royal Bahamian Defense Force: Marines, Air Wing
Manpower Fit to Serve: 18 years
Manpower Available: 73,121 People
Manpower Fit to Serve: 44,309 People
Amount of Manpower Available each Year: 2,804 People per year
Expenditures: $0 USD per year
Expenditures as a Percentage of GDP: 0.00
Note: Phrasebase uses a variety of sources when compiling the facts and information presented above. This information is continually updated throughout the year.
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