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.

CapitalNassau
Position24 15 N, 76 00 W
Area13,940 sq km
LocationCaribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba
Populationas each edition published it
301,790 people July 2005 est. · 246,491 in 1990
Population growth% a year
0.67% 2005 est. · 1.62% in 1993
Median ageyears
27.55 years 2005 est. · 27 yrs in 2003
Life expectancyyears at birth
65.54 years 2005 est. · 72.02 yrs in 1993
Fertility ratechildren per woman
2.2 children per woman 2005 est. · 1.9 in 1990
Infant mortalitydeaths per 1,000 live births
25.21 deaths per 1,000 live births 2005 est. · 21 in 1990
GDP per capitaeach edition's own dollars
$17,700 2004 est. · $10,200 in 1993
GDP real growth% a year
3% 2004 est. · 3% in 1993

Introduction

1 field

Background

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 fields

Land useshare of 13,940 sq km

arable land 0.8%permanent crops 0.4%other 98.8% (2001)
Area
13,940sq km
land: 10,070 sq kmwater: 3,870 sq kmslightly smaller than Connecticut
Coastline
3,542km
land boundaries: 0 kmterritorial sea: 12 nmexclusive economic zone: 200 nm
Highest point
63m
Mount Alvernia, on Cat Islandlowest point: Atlantic Ocean 0 m

Location

Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba

Geographic coordinates

24 15 N, 76 00 W

Map references

Central America and the Caribbean

Climate

tropical marine; moderated by warm waters of Gulf Stream

Terrain

long, flat coral formations with some low rounded hills

Natural resources

salt, aragonite, timber, arable land

Natural hazards

hurricanes and other tropical storms 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, 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 fields

Age structuremale left, female right · (2005 est.)

7,616
65 and over6.2%
11,024
97,865
15-6465.9%
101,047
42,142
0-1427.9%
42,096
MaleFemale
Population
301,790
growth rate: 0.67% (2005 est.)
Note
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 2005 est.)

Per 1,000 population(2005 est.)

Birth
17.87Death
8.97Net migration
-2.18

Male · female

TotalMale · femaleLife expectancy years (2005 est.)65.54
62.11 · 69.04Infant mortality deaths/1,000 live births (2005 est.)25.21
31.02 · 19.28
TotalMale · femaleLiteracy (2003 est.)95.6%
94.7% · 96.5%Median age years (2005 est.)27.55
26.78 · 28.34
MaleFemaleLiteracy definition: age 15 and over can read and write

Ethnic groups

black 85%white 12%Asian and Hispanic 3%

Religions(2000 census)

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:
1.02 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.)

Total fertility rate

2.2 children born/woman (2005 est.)

HIV/AIDS - deaths

less than 200 (2003 est.)

Nationality

noun:
Bahamian(s)
adjective:
Bahamian

Languages

English (official), Creole (among Haitian immigrants)

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 fields

Presidential electionpercent of vote

50.8%
PLP 50.8%FNM 41.1%independents 5.2%last held 1 May 2002 (next to be held by May 2007)

Legislature, 40 seats, elected 1 May 2002one dot, one seat

PLP 29FNM 7independents 4

Percent of vote

PLP 50.8%FNM 41.1%independents 5.2%

Country name

conventional long form:
Commonwealth of The Bahamas
conventional short form:
The Bahamas

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, Nichollstown and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay

Independence

10 July 1973 (from UK)

National holiday

Independence Day, 10 July (1973)

Constitution

10 July 1973

Suffrage

18 years of age; universal

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

Judicial branch

  • Supreme Court;
  • Court of Appeal;
  • magistrates courts

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 fields
GDP, purchasing power parity
$5.295billion
(2004 est.)
Real growth rate
3%
(2004 est.)industrial production growth: NA
Inflation, consumer prices
1.2%
(year ending September 2004)
Unemployment rate
10.2%
(2004 est.)

GDP - composition by sector(2001 est.)

agriculture 3%industry 7%services 90% (2001 est.)

Trading partnersexports left, imports right

40.2%
US
22.4%
South Korea
18.9%
13.3%
Poland
11.6%
Spain
Brazil
9.2%
Japan
7.9%
Italy
7.8%
Venezuela
6.6%
5.9%
Germany
4.3%
France
Exports $636 million (2003 est.)Imports $1.63 billion (2003)(2004)

Budget

Revenues
$1 billionExpenditures
$1 billion
expenditures including capital expenditures of $106.7 million (FY03/04)

Electricity

Electricity production
1.716 billion (2002)Electricity consumption
1.596 billion (2002)

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.

GDP - per capita

purchasing power parity - $17,700 (2004 est.)

Labor force

156,000 (1999)

Labor force - by occupation

agriculture 5%, industry 5%, tourism 50%, other services 40% (1999 est.)

Household income or consumption by percentage share

lowest 10%:
NA
highest 10%:
27% (2000)

Agriculture - products

citrus, vegetables; poultry

Industries

tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe

Oil - production

0 bbl/day (2001 est.)

Oil - consumption

23,000 bbl/day (2001 est.)

Oil - exports

transhipments of 29,000 bbl/day (2003)

Exports

$636 million (2003 est.)

Exports - commodities

mineral products and salt, animal products, rum, chemicals; fruit and vegetables

Imports

$1.63 billion (2003)

Imports - commodities

machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals

Debt - external

$308.5 million (2002)

Economic aid - recipient

$9.8 million (1995)

Currency (code)

Bahamian dollar (BSD)

Exchange rates

Bahamian dollars per US dollar - 1 (2004), 1 (2003), 1 (2002), 1 (2001), 1 (2000)

Fiscal year

1 July - 30 June

Communications

8 fields
Mobile cellular
121,800
(2002)
Fixed lines
131,700
(2003) · country code .bs

Telephone 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)

Radio broadcast stations

AM 3, FM 5, shortwave 0 (2004)

Internet users

84,000 (2003)

Transportation

7 fields

Airports by runway lengthpaved left, unpaved right

2
over 3,047 m
3
2,438 to 3,047 m
14
1,524 to 2,437 m
3
9
914 to 1,523 m
10
1
under 914 m
21
Paved 29Unpaved 34

Highways

total:
2,693 km
paved:
1,546 km
unpaved:
1,147 km (1999 est.)

Ports and harbors

Freeport, Nassau, South Riding Point

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)

Airports

63 (2004 est.)

Heliports

1 (2004 est.)

Military

Royal Bahamaian Defense Force (naval forces) (2004)

4 fields

Military branches

Royal Bahamaian Defense Force (naval forces) (2004)

Military service age and obligation

18 years of age (est.); no conscription (2001)

Transnational Issues

2 fields

Disputes - 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.