| Bahamas, The |
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| 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
Areacomparative: 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
Environmentcurrent issues: coral reef decay; solid waste disposal
Environmentinternational agreements:
party to:
Biodiversity, Climate Change, 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
Geographynote: strategic location adjacent to US and Cuba; extensive island chain
| People |
Population: 283,705 (July 1999 est.)
Age structure:
0-14 years:
27% (male 39,271; female 38,740)
15-64 years:
67% (male 92,830; female 96,814)
65 years and over:
6% (male 6,696; female 9,354) (1999 est.)
Population growth rate: 1.36% (1999 est.)
Birth rate: 20.58 births/1,000 population (1999 est.)
Death rate: 5.43 deaths/1,000 population (1999 est.)
Net migration rate: -1.55 migrant(s)/1,000 population (1999 est.)
Sex ratio:
at birth:
1.02 male(s)/female
under 15 years:
1.01 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 (1999 est.)
Infant mortality rate: 18.38 deaths/1,000 live births (1999 est.)
Life expectancy at birth:
total population:
74.25 years
male:
70.94 years
female:
77.64 years (1999 est.)
Total fertility rate: 2.31 children born/woman (1999 est.)
Nationality:
noun:
Bahamian(s)
adjective:
Bahamian
Ethnic groups: black 85%, white 15%
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: commonwealth
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 partyNA; seats by partyFNM 35, PLP 5
Judicial branch: Supreme Court
Political parties and leaders: Progressive Liberal Party or PLP [Perry CHRISTIE]; Free National Movement or FNM [Hubert Alexander INGRAHAM]
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, 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 |
Economyoverview: 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 4% 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$5.63 billion (1998 est.)
GDPreal growth rate: 4% (1998 est.)
GDPper capita: purchasing power parity$20,100 (1998 est.)
GDPcomposition 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): 0.4% (1997)
Labor force: 148,000 (1996)
Labor forceby occupation: government 30%, tourism 40%, business services 10%, 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 production, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Industrial production growth rate: NA%
Electricityproduction: 1 billion kWh (1996)
Electricityproduction by source:
fossil fuel:
100%
hydro:
0%
nuclear:
0%
other:
0% (1996)
Electricityconsumption: 1 billion kWh (1996)
Electricityexports: 0 kWh (1996)
Electricityimports: 0 kWh (1996)
Agricultureproducts: citrus, vegetables; poultry
Exports: $300 million (1998)
Exportscommodities: pharmaceuticals, cement, rum, crawfish, refined petroleum products
Exportspartners: US 24.5%, EU (excluding UK) 23.9%, UK 12.6%, Singapore 5.6% (1997)
Imports: $1.37 billion (1998)
Importscommodities: foodstuffs, manufactured goods, crude oil, vehicles, electronics
Importspartners: US 34.9%, EU 24.3%, Japan 15.5%, Russia 6.3% (1997)
Debtexternal: $381.7 million (1997)
Economic aidrecipient: $9.8 million (1995)
Currency: 1 Bahamian dollar (B$) = 100 cents
Exchange rates: Bahamian dollar (B$) per US$11.000 (fixed rate pegged to the dollar)
Fiscal year: 1 July30 June
| Communications |
Telephones: 200,000 (1997 est.)
Telephone system:
domestic:
91,183 telephone subscribers; totally automatic system; highly developed
international:
tropospheric scatter and submarine cable to Florida; 3 coaxial submarine
cables; satellite earth station1 Intelsat (Atlantic Ocean)
Radio broadcast stations: AM 3, FM 4, shortwave 0 (1998)
Radios: 200,000 (1993 est.)
Television broadcast stations: 1 (1997)
Televisions: 60,000 (1993 est.)
| 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:
1,079 ships (1,000 GRT or over) totaling 26,631,924 GRT/41,196,326 DWT
ships by type:
bulk 209, cargo 241, chemical tanker 43, combination bulk 13, combination
ore/oil 22, container 61, liquefied gas tanker 34, livestock carrier 1, oil
tanker 170, passenger 62, passenger-cargo 1, railcar carrier 1,
refrigerated cargo 140, roll-on/roll-off cargo 48, short-sea passenger 12,
specialized tanker 2, vehicle carrier 19
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 (1998 est.)
Airportswith paved runways:
total:
33
over 3,047 m:
2
2,438 to 3,047 m:
1
1,524 to 2,437 m:
15
914 to 1,523 m:
13
under 914 m:
2 (1998 est.)
Airportswith unpaved runways:
total:
29
1,524 to 2,437 m:
1
914 to 1,523 m:
7
under 914 m:
21 (1998 est.)
| Military |
Military branches: Royal Bahamas Defense Force (Coast Guard only), Royal Bahamas Police Force
Military expendituresdollar figure: $20 million (FY95/96)
Military expenditurespercent of GDP: NA%
| Transnational Issues |
Disputesinternational: none
Illicit drugs: transshipment point for cocaine and marijuana bound for US and Europe; banking industry vulnerable to money laundering