The Bahamas
Commonwealth of The Bahamas
constitutional parliamentary democracyIndependence 10 July 1973 (from UK)
The Bahamas as the 2005 edition of the CIA World Factbook published it: 111 fields, one of 36 editions from 1990 to 2025.
field in that editiontext changed from the edition beforenot in that editionthe open editionEach field below ends in its editions, 1990 to 2025. Point at a year above to follow it down.
No fields match. Try a shorter word.
Introduction
1 fieldBackground
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.
Geography
Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba
18 fieldsLand useshare of 13,940 sq km
Location
Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba
Environment - international 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
Geography - note
strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited
People
19 fieldsAge structuremale left, female right · (2005 est.)
Note
Per 1,000 population(2005 est.)
Male · female
Religions(2000 census)
Sex ratio
- 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 (2005 est.)
Government
Constitutional parliamentary democracy; Queen ELIZABETH II (since 6 February 1952), represented by Governor General Dame Ivy DUMONT (since NA May 2002); Prime Minister Perry CHRISTIE (since 3 May 2002) and Deputy Prime Minister Cynthia PRATT (since 7 May 2002)
18 fieldsPresidential electionpercent of vote
Legislature, 40 seats, elected 1 May 2002one dot, one seat
Percent of vote
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
Executive branch
- 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
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
Political parties and leaders
Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE]
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, LAES, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WTO (observer)
Diplomatic representation in the US
- 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
Diplomatic representation from the US
- 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
Flag description
three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side
Economy
The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking.
34 fieldsGDP - composition by sector(2001 est.)
Trading partnersexports left, imports right
Electricity
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 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.
Industries
tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Exports - commodities
mineral products and salt, animal products, rum, chemicals; fruit and vegetables
Imports - commodities
machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals
Communications
8 fieldsTelephone system
- 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)
Transportation
7 fieldsAirports by runway lengthpaved left, unpaved right
Merchant marine
- total:
- 1,119
- by type:
- barge carrier 2, bulk carrier 183, cargo 259, chemical tanker 54, combination ore/oil 17, container 74, liquefied gas 28, livestock carrier 2, passenger 116, passenger/cargo 40, petroleum tanker 168, refrigerated cargo 130, roll on/roll off 20, specialized tanker 2, vehicle carrier 24
- foreign-owned:
- 968 (Angola 4, Australia 4, Belgium 17, Canada 9, China 3, Croatia 1, Cuba 1, Cyprus 13, Denmark 18, Estonia 1, Finland 7, France 28, Germany 15, Greece 194, Hong Kong 11, Indonesia 2, Ireland 1, Israel 1, Italy 7, Japan 49, Jordan 2, Kenya 1, Latvia 1, Malaysia 12, Monaco 15, Netherlands 24, New Zealand 1, Nigeria 2, Norway 229, Poland 13, Reunion 1, Russia 2, Saudi Arabia 12, Serbia Montenegro 2, Singapore 11, Slovenia 1, South Korea 1, Spain 6, Sweden 9, Switzerland 4, Thailand 1, Trinidad Tobago 2, Turkey 7, UAE 12, United Kingdom 55, United States 154, Uruguay 2)
- registered in other countries:
- 35 (2005)
Military
Royal Bahamaian Defense Force (naval forces) (2004)
4 fieldsTransnational Issues
2 fieldsDisputes - international
- have not been able to agree on the alignment of a maritime boundary with the US;
- continues to monitor and interdict Haitian refugees fleeing economic privation and political instability
Illicit drugs
transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center
Cite this entry
Central Intelligence Agency. “Bahamas, The.” The World Factbook 2005. Archived by The Factbook, thefactbook.org/bahamas/2005.