The Bahamas

Commonwealth of The Bahamas

constitutional parliamentary democracyIndependence 10 July 1973 (from UK)

The Bahamas as the 2007 edition of the CIA World Factbook published it: 118 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, UTC-5
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
305,655 people July 2007 est. · 246,491 in 1990
Population growth% a year
0.602% 2007 est. · 1.62% in 1993
Median ageyears
28.1 years 2007 est. · 27 yrs in 2003
Life expectancyyears at birth
65.66 years 2007 est. · 72.02 yrs in 1993
Fertility ratechildren per woman
2.15 children per woman 2007 est. · 1.9 in 1990
Infant mortalitydeaths per 1,000 live births
24.17 deaths per 1,000 live births 2007 est. · 21 in 1990
GDP per capitaeach edition's own dollars
$21,600 2006 est. · $10,200 in 1993
GDP real growth% a year
4% 2006 est. · 3% in 1993

Introduction

1 field

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 Europe, 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 0.58%permanent crops 0.29%other 99.13% (2005)irrigated 10 sq km (2003)
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 · (2007 est.)

8,176
65 and over6.5%
11,834
99,961
15-6466.5%
103,230
41,268
0-1427%
41,186
MaleFemale
Population
305,655
growth rate: 0.602% (2007 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 2007 est.)

Per 1,000 population(2007 est.)

Birth
17.3Death
9.13Net migration
-2.15

Male · female

TotalMale · femaleLife expectancy years (2007 est.)65.66
62.37 · 69.02Infant mortality deaths/1,000 live births (2007 est.)24.17
29.58 · 18.65
TotalMale · femaleLiteracy (2003 est.)95.6%
94.7% · 96.5%Median age years (2007 est.)28.1
27.3 · 28.9
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:
1.002 male(s)/female
15-64 years:
0.968 male(s)/female
65 years and over:
0.691 male(s)/female
total population:
0.956 male(s)/female (2007 est.)

Total fertility rate

2.15 children born/woman (2007 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); Prime Minister Hubert A. INGRAHAM (since 4 May 2007)

18 fields

Presidential electionpercent of vote

49.86%
FNM 49.86%PLP 47.02%last held 2 May 2007 (next to be called by May 2012)

Legislature, 41 seats, elected 2 May 2007one dot, one seat

FNM 23PLP 18

Percent of vote

FNM 49.86%PLP 47.02%

Country name

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

Government type

constitutional parliamentary democracy

Capital

name:
Nassau
geographic coordinates:
25 05 N, 77 21 W
time difference:
UTC-5 (same time as Washington, DC during Standard Time)
daylight saving time:
+1hr, begins second Sunday in March; ends first Sunday in November

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 Arthur D. HANNA (since 1 February 2006)
head of government:
Prime Minister Hubert A. INGRAHAM (since 4 May 2007)
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 seats; members appointed by the governor general upon the advice of the prime minister and the opposition leader to serve five-year terms) and the House of Assembly (41 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 2 May 2007 (next to be called by May 2012)
election results:
percent of vote by party - FNM 49.86%, PLP 47.02%; seats by party - FNM 23, PLP 18

Judicial branch

  • Privy Council (London);
  • Courts of Appeal;
  • Supreme (lower) Court;
  • magistrates courts

Political parties and leaders

Free National Movement or FNM [Hubert INGRAHAM]; 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, IMSO, Interpol, IOC, IOM, ITSO, ITU, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO (observer)

Diplomatic representation in the US

chief of mission:
vacant
chancery:
2220 Massachusetts Avenue NW, Washington, DC 20008
telephone:
[1] (202) 319-2660
FAX:
[1] (202) 319-2668
consulate(s) general:
Miami, New York

Diplomatic representation from the US

chief of mission:
Ambassador Ned L. SIEGEL
embassy:
42 Queen Street, Nassau
mailing address:
local or express mail address: P. O. Box N-8197, Nassau; US Department of State, 3370 Nassau Place, Washington, DC 20521-3370
telephone:
[1] (242) 322-1181, 356-3229 (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.

39 fields
GDP, purchasing power parity
$6.556billion
(2006 est.)official exchange rate: $6.159 billion (2006 est.)
GDP per capita, PPP
$21,600
(2006 est.)
Real growth rate
4%
(2006 est.)industrial production growth: NA%

GDP - composition by sector(2001 est.)

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

Trading partnersexports left, imports right

21.1%
US
24.5%
23.8%
Spain
7.1%
Brazil
15.6%
14.4%
Poland
Japan
13%
South Korea
7.8%
7.3%
Germany
6.1%
UK
5.2%
Guatemala
Exports $451 million (2005 est.)Imports $2.16 billion (2005 est.)(2006)

Budget

Revenues
$1.03 billionExpenditures
$1.03 billion (FY04/05)

Electricity

Electricity production
1.894 billion (2005)Electricity consumption
1.762 billion (2005)

Economy - 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.

Labor force

176,300 (2004)

Labor force - by occupation

agriculture 5%, industry 5%, tourism 50%, other services 40% (2005 est.)

Unemployment rate

10.2% (2005 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 (2004)

Oil - consumption

27,000 bbl/day (2004 est.)

Oil - exports

transshipments of 41,290 bbl/day (2004)

Oil - imports

NA bbl/day

Oil - proved reserves

0 bbl (1 January 2006)

Natural gas - production

0 cu m (2005 est.)

Natural gas - consumption

0 cu m (2005 est.)

Exports

$451 million (2005 est.)

Exports - commodities

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

Imports

$2.16 billion (2005 est.)

Imports - commodities

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

Economic aid - recipient

$4.78 million (2004)

Debt - external

$342.6 million (2004 est.)

Currency (code)

Bahamian dollar (BSD)

Exchange rates

Bahamian dollars per US dollar - 1 (2006), 1 (2005), 1 (2004), 1 (2003), 1 (2002)

Fiscal year

1 July - 30 June

Communications

8 fields
Mobile cellular
227,800
(2005)
Fixed lines
133,100
(2005) · country code .bs

Telephone system

general assessment:
modern facilities
domestic:
  • totally automatic system;
  • highly developed;
  • the Bahamas Domestic Submarine Network links 14 of the islands and is designed to satisfy increasing demand for voice and broadband internet services
international:
  • country code - 1-242;
  • landing point for the Americas Region Caribbean Ring System (ARCOS-1) fiber-optic submarine cable that provides links to South and Central America, parts of the Caribbean, and the US;
  • satellite earth station - 2 (2007)

Radio broadcast stations

AM 3, FM 5, shortwave 0 (2006)

Internet users

103,000 (2005)

Transportation

7 fields

Airports by runway lengthpaved left, unpaved right

2
over 3,047 m
3
2,438 to 3,047 m
12
1,524 to 2,437 m
5
7
914 to 1,523 m
11
under 914 m
22
Paved 24Unpaved 38

Airports

62 (2007)

Heliports

1 (2007)

Roadways

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

Merchant marine

total:
1,213 ships (1000 GRT or over) 40,403,455 GRT/54,276,183 DWT
by type:
barge carrier 1, bulk carrier 225, cargo 240, chemical tanker 84, combination ore/oil 13, container 72, liquefied gas 49, livestock carrier 2, passenger 117, passenger/cargo 34, petroleum tanker 196, refrigerated cargo 118, roll on/roll off 18, specialized tanker 4, specialized tanker 1, vehicle carrier 39
foreign-owned:
1,134 (Angola 6, Australia 3, Belgium 15, Bermuda 12, Brazil 1, Canada 13, China 9, Croatia 1, Cuba 1, Cyprus 20, Denmark 66, Finland 8, France 43, Germany 40, Greece 214, Hong Kong 3, Iceland 1, Indonesia 3, Ireland 2, Italy 1, Japan 62, Jordan 2, Kenya 1, Malaysia 11, Monaco 11, Montenegro 2, Netherlands 24, Nigeria 2, Norway 232, Philippines 1, Poland 15, Russia 5, Saudi Arabia 15, Singapore 9, Slovenia 1, South Africa 1, Spain 11, Sweden 5, Switzerland 2, Taiwan 1, Thailand 1, Trinidad and Tobago 1, Turkey 5, UAE 20, UK 68, US 162, Uruguay 1, Venezuela 1)
registered in other countries:
3 (Barbados 1, Panama 2) (2007)

Ports and terminals

Freeport, Nassau, South Riding Point

Military

Royal Bahamian Defense Force: Land Force, Navy, Air Wing (2007)

6 fields

Military branches

Royal Bahamian Defense Force: Land Force, Navy, Air Wing (2007)

Military service age and obligation

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

Manpower available for military service

males age 18-49: 73,121 (2005 est.)

Manpower fit for military service

males age 18-49: 44,309 (2005 est.)

Manpower reaching military service age annually

males age 18-49: 2,804 (2005 est.)

Transnational Issues

2 fields

Disputes - international

  • disagrees with the US on the alignment of a potential maritime boundary;
  • continues to monitor and interdict drug dealers and Haitian refugees in Bahamian waters

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 2007. Archived by The Factbook, thefactbook.org/bahamas/2007.