The Bahamas

Commonwealth of The Bahamas

constitutional parliamentary democracy and a Commonwealth realmIndependence 10 July 1973 (from the UK)

The Bahamas as the 2013 edition of the CIA World Factbook published it: 154 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
Area13,880 sq km
Locationchain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba
Populationas each edition published it
319,031 people July 2013 est. · 246,491 in 1990
Population growth% a year
0.89% 2013 est. · 1.62% in 1993
Median ageyears
30.8 years 2013 est. · 27 yrs in 2003
Life expectancyyears at birth
71.69 years 2013 est. · 72.02 yrs in 1993
Fertility ratechildren per woman
1.97 children per woman 2013 est. · 1.9 in 1990
Infant mortalitydeaths per 1,000 live births
12.89 deaths per 1,000 live births 2013 est. · 21 in 1990
GDP per capitaeach edition's own dollars
$31,300 2012 est. · $10,200 in 1993
GDP real growth% a year
1.8% 2012 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 has prospered through tourism, 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

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

19 fields

Land useshare of 13,880 sq km

arable land 0.65%permanent crops 0.29%other 99.06% (2011)irrigated 10 sq km (2003)
Area
13,880sq km
country comparison to the world: 161land: 10,010 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

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 and Society

32 fields

Age structuremale left, female right · (2013 est.)

8,233
65 and over6.7%
13,263
11,371
55-648.1%
14,355
70,093
25-5444.1%
70,608
28,306
15-2417.5%
27,562
38,174
0-1423.6%
37,066
MaleFemaleDependency ratios: total dependency ratio: 40.9 % · youth dependency ratio: 30 % · elderly dependency ratio: 10.8 % · potential support ratio: 9.2 (2013)
Population
319,031
(July 2013 est.)country comparison to the world: 179growth rate: 0.89% (2013 est.)country comparison to the world: 127
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, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected

Per 1,000 population(2013 est.)

Birth
15.81Death
6.96Net migration
0

Male · female

TotalMale · femaleLife expectancy years (2013 est.)71.69
69.25 · 74.19Infant mortality deaths/1,000 live births (2013 est.)12.89
12.9 · 12.88Literacy (2003 est.)95.6%
94.7% · 96.5%
TotalMale · femaleMedian age years (2013 est.)30.8
29.7 · 32School life expectancy years (2006)12
12 · 12Youth unemployment ages 15-24 (2007)18.9%
16.7% · 21.7%
MaleFemaleLife expectancy country comparison to the world: 141 · Infant mortality country comparison to the world: 126 · Literacy definition: age 15 and over can read and write · Youth unemployment ages 15-24 country comparison to the world: 63

Ethnic groups

black 85%white 12%Asian and Hispanic 3%

Religions(2000 census)

Protestant 67.6% (Baptist 35.4%, Anglican 15.1%, Pentecostal 8.1%, Church of God 4.8%, Methodist 4.2%)Roman Catholic 13.5%other Christian 15.2%none or unspecified 2.9%other 0.8% (2000 census)
Urban population
84%of total population
(2010)rate of urbanization: 1.3% annual rate of change (2010-15 est.)Major urban areas - population: NASSAU (capital) 254,000 (2011)
Improved drinking water
96%of population
improved: urban: 98% of populationrural: 86% of populationunimproved: urban: 2% of populationrural: 14% of populationtotal: 4% of population (2000 est.)
Improved sanitation
100%of population
(2010 est.)improved: urban: 100% of populationrural: 100% of population
Maternal mortality rate
47deaths/100,000 live births
(2010)country comparison to the world: 112

Nationality

noun:
Bahamian(s)
adjective:
Bahamian

Languages

English (official), Creole (among Haitian immigrants)

Sex ratio

at birth:
1.03 male(s)/female
0-14 years:
1.03 male(s)/female
15-24 years:
1.03 male(s)/female
25-54 years:
0.99 male(s)/female
55-64 years:
0.79 male(s)/female
65 years and over:
0.62 male(s)/female
total population:
0.96 male(s)/female (2013 est.)

Total fertility rate

1.97 children born/woman (2013 est.) country comparison to the world: 132

Health expenditures

7.7% of GDP (2011) country comparison to the world: 67

Physicians density

2.82 physicians/1,000 population (2008)

Hospital bed density

3.1 beds/1,000 population (2010)

HIV/AIDS - adult prevalence rate

3.1% (2009 est.) country comparison to the world: 24

HIV/AIDS - people living with HIV/AIDS

6,600 (2009 est.) country comparison to the world: 114

HIV/AIDS - deaths

fewer than 500 (2009 est.) country comparison to the world: 93

Obesity - adult prevalence rate

34.7% (2008) country comparison to the world: 13

Government

Constitutional parliamentary democracy and a Commonwealth realm; Queen ELIZABETH II (since 6 February 1952); Prime Minister Perry CHRISTIE (since 8 May 2012)

21 fields

Legislature, 38 seats, elected 7 May 2012one dot, one seat

PLP 30FNM 8

Country name

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

Government type

constitutional parliamentary democracy and a Commonwealth realm

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

31 districts; Acklins Islands, Berry Islands, Bimini, Black Point, Cat Island, Central Abaco, Central Andros, Central Eleuthera, City of Freeport, Crooked Island and Long Cay, East Grand Bahama, Exuma, Grand Cay, Harbour Island, Hope Town, Inagua, Long Island, Mangrove Cay, Mayaguana, Moore's Island, North Abaco, North Andros, North Eleuthera, Ragged Island, Rum Cay, San Salvador, South Abaco, South Andros, South Eleuthera, Spanish Wells, West Grand Bahama

Independence

10 July 1973 (from the UK)

National holiday

Independence Day, 10 July (1973)

Constitution

  • previous 1964 (preindependence);
  • latest adopted 20 June 1973, effective 10 July 1973;
  • amended many times, last in 2002;
  • note - in 2012, a constitutional commission was appointed to review and recommend constitutional changes (2013)

International law organization participation

has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt

Suffrage

18 years of age; universal

Executive branch

chief of state:
Queen ELIZABETH II (since 6 February 1952); represented by Governor General Sir Arthur A. FOULKES (since 14 April 2010)
head of government:
Prime Minister Perry CHRISTIE (since 8 May 2012)
cabinet:
Cabinet appointed by the governor general on the prime minister's recommendation; (For more information visit theWorld Leaders website)
elections:
  • the monarchy 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 (38 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 on 7 May 2012 (next to be held by May 2017)
election results:
percent of vote by party - NA; seats by party - PLP 30, FNM 8

Judicial branch

highest court(s):
The Bahamas Court of Appeal (consists of the court president and 4 justices, sitting in panels of 3 justices);
  • note - as of 2008, the Bahamas was not a party to the agreement establishing the Caribbean Court of Justice as the highest appellate court for the 15-member Caribbean Community (CARICOM);
  • the Judicial Committee of the Privy Council (in London) serves as the final court of appeal for the Bahamas
judge selection and term of office:
  • Court of Appeal justices appointed by the governor-general on the advice of the prime minister and in consultation with the Judicial and Legal Services Commission;
  • justices appointed for life with mandatory retirement at age 68-70
subordinate courts:
  • Supreme Court;
  • Industrial Tribunal;
  • Stipendiary and Magistrates Courts;
  • Family Island Administrators

Political parties and leaders

Free National Movement or FNM [Hubert MINNIS]; Progressive Liberal Party or PLP [Perry CHRISTIE]

Political pressure groups and leaders

Friends of the Environment; other: trade unions

International organization participation

ACP, AOSIS, C, Caricom, CDB, CELAC, FAO, G-77, IADB, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, ITSO, ITU, LAES, MIGA, NAM, OAS, OPANAL, OPCW, Petrocaribe, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO (observer)

Diplomatic representation in the US

chief of mission:
Ambassador Dr. Eugene Glenwood NEWRY (since 3 December 2013)
chancery:
2220 Massachusetts Avenue NW, Washington, DC 20008
telephone:
[1] (202) 319-2660
FAX:
[1] (202) 319-2668
consulate(s) general:
Atlanta, Miami, New York

Diplomatic representation from the US

chief of mission:
Ambassador (vacant); Charge d' Affaires John DINKELMAN (since November 2011)
embassy:
42 Queen Street, Nassau, New Providence
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, 328-2206 (after hours)
FAX:
[1] (242) 328-2206

Flag description

  • three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side;
  • the band colors represent the golden beaches of the islands surrounded by the aquamarine sea;
  • black represents the vigor and force of a united people, while the pointing triangle indicates the enterprise and determination of the Bahamian people to develop the rich resources of land and sea

National symbol(s)

blue marlin; flamingo

National anthem

name: "March On, Bahamaland!"

Economy

The Bahamas is one of the wealthiest Caribbean countries with an economy heavily dependent on tourism and offshore banking.

36 fields
GDP, purchasing power parity
$11.04billion
(2012 est.)country comparison to the world: 153$10.84 billion (2011 est.) · $10.66 billion (2010 est.)note: data are in 2012 US dollarsofficial exchange rate: $8.039 billion (2012 est.)
GDP per capita, PPP
$31,300
(2012 est.)country comparison to the world: 43$31,100 (2011 est.) · $30,900 (2010 est.)note: data are in 2012 US dollars
Real growth rate
1.8%
(2012 est.)country comparison to the world: 1431.7% (2011 est.) · 1% (2010 est.)industrial production growth: NA%
Inflation, consumer prices
2%
(2012 est.)country comparison to the world: 413.2% (2011 est.)

GDP - composition, by sector of origin(2012 est.)

agriculture 2.1%industry 7.2%services 90.7% (2012 est.)

Trading partnersexports left, imports right

20.6%
US
30.1%
25.1%
Singapore
8.7%
India
20.3%
12.9%
Dominican Republic
9.4%
Ecuador
South Korea
6.8%
5.8%
Canada
4.2%
4.1%
China
5%
Colombia
4.5%
4.1%
Switzerland
Exports $984 million (2012 est.)Imports $3.386 billion (2012 est.)(2012)

By end use% of GDP

Household consumption
70.1%Government consumption
14.9%Fixed capital
31.9%Inventories
1.3%Exports
44.8%Imports
-62.9%
(2012 est.)

Budget

Revenues
$1.54 billionExpenditures
$2.04 billion (2012 est.)

Economy - overview

The Bahamas is one of the wealthiest Caribbean countries 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.

Financial services constitute the second-most important sector of the Bahamian economy and, when combined with business services, account for about 36% of GDP. Manufacturing and agriculture combined contribute less than a 10th of GDP and show little growth, despite government incentives aimed at those sectors.

The economy of The Bahamas shrank at an average pace of 0.8% annually between 2007-11, and tourism, financial services, and construction - pillars of the national economy - remained weak. These challenges, coupled with a growing public debt, increases in government expenditures, a narrow revenue base, and heavy dependence on customs and property taxes have led to prospects of limited growth for The Bahamas.

Agriculture - products

citrus, vegetables; poultry

Industries

tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals

Labor force

192,200 (2012) country comparison to the world: 173

Labor force - by occupation

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

Unemployment rate

14% (2012 est.) · 14.2% (2009 est.) country comparison to the world: 138

Household income or consumption by percentage share

lowest 10%:
1%
highest 10%:
22% (2007 est.)

Taxes and other revenues

19.2% of GDP (2012 est.) country comparison to the world: 173

Budget surplus (+) or deficit (-)

-6.2% of GDP (2012 est.) country comparison to the world: 178

Fiscal year

1 July - 30 June

Central bank discount rate

4.5% (31 December 2012 est.) · 4% (31 December 2011 est.) country comparison to the world: 93

Commercial bank prime lending rate

4.75% (31 December 2012 est.) · 5.06% (31 December 2011 est.) country comparison to the world: 157

Stock of narrow money

$1.575 billion (31 December 2012 est.) · $1.435 billion (31 December 2011 est.) country comparison to the world: 132

Stock of broad money

$6.482 billion (31 December 2012 est.) · $6.104 billion (31 December 2011 est.) country comparison to the world: 120

Stock of domestic credit

$8.653 billion (31 December 2012 est.) · $8.511 billion (31 December 2011 est.) country comparison to the world: 103

Market value of publicly traded shares

$2.78 billion (31 December 2012 est.)

Current account balance

$-1.424 billion (2012 est.); $-1.136 billion (2011 est.) country comparison to the world: 126

Exports

$984 million (2012 est.) · $833.5 million (2011 est.) country comparison to the world: 157

Exports - commodities

crawfish, aragonite, crude salt, polystyrene products

Imports

$3.386 billion (2012 est.) · $2.966 billion (2011 est.) country comparison to the world: 141

Imports - commodities

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

Reserves of foreign exchange and gold

$846.9 million (31 December 2012 est.) · $1.07 billion (31 December 2011 est.) country comparison to the world: 139

Debt - external

$16.35 billion (31 December 2012 est.) · $15.13 billion (31 December 2011 est.) country comparison to the world: 83

Exchange rates

Bahamian dollars (BSD) per US dollar - 1 (2012 est.) · 1 (2011 est.) · 1 (2010 est.) · 1 (2008 est.) · 1 (2007 est.)

Energy

23 fields

Installed generating capacity, 493,000 kW(2010 est.)

Fossil fuels 100% of total installed capacity (2012 est.)Nuclear fuels 0% · Hydroelectric plants 0% · Other renewable sources 0%
Electricity production
1.93 billion (2010 est.)Electricity consumption
1.795 billion (2010 est.)Refined petroleum imports
64,600 (2010 est.)Refined petroleum consumption
36,300 (2011 est.)Refined petroleum exports
41,770 (2010 est.)

Crude oil - production

0 bbl/day (2012 est.) country comparison to the world: 153

Crude oil - exports

0 bbl/day (2010 est.) country comparison to the world: 84

Crude oil - imports

0 bbl/day (2010 est.) country comparison to the world: 159

Crude oil - proved reserves

0 bbl (1 January 2013 es) country comparison to the world: 107

Refined petroleum products - production

0 bbl/day (2010 est.) country comparison to the world: 154

Natural gas - production

0 cu m (2011 est.) country comparison to the world: 103

Natural gas - consumption

0 cu m (2010 est.) country comparison to the world: 119

Natural gas - exports

0 cu m (2011 est.) country comparison to the world: 64

Natural gas - imports

0 cu m (2011 est.) country comparison to the world: 159

Natural gas - proved reserves

0 cu m (1 January 2009 es) country comparison to the world: 114

Carbon dioxide emissions from consumption of energy

4.734 million Mt (2011 est.) country comparison to the world: 128

Communications

7 fields
Mobile cellular
254,000
(2012)
Internet users
20,661
(2012)
Fixed lines
137,000
(2012) · 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 stations - 2 (2007)

Broadcast media

  • 2 TV stations operated by government-owned, commercially run Broadcasting Corporation of the Bahamas (BCB);
  • multi-channel cable TV subscription service is available;
  • about 15 radio stations operating with BCB operating a multi-channel radio broadcasting network alongside privately owned radio stations (2007)

Internet users

115,800 (2009) country comparison to the world: 156

Transportation

7 fields

Merchant marine, 1,160 ships by type

barge carrier 1bulk carrier 238cargo 170carrier 2chemical tanker 87combination ore/oil 8container 57liquefied gas 71passenger 102passenger/cargo 26petroleum tanker 225refrigerated cargo 97roll on/roll off 13specialized tanker 2vehicle carrier 61foreign-owned: 1,063 (Angola 6, Australia 1, Belgium 6, Bermuda 15, Brazil 1, Canada 96, Croatia 1, Cyprus 23, Denmark 69, Finland 8, France 15, Germany 30, Greece 225, Guernsey 6, Hong Kong 3, Indonesia 2, Ireland 3, Italy 1, Japan 88, Jordan 2, Kuwait 1, Malaysia 13, Monaco 8, Montenegro 2, Netherlands 23, Nigeria 2, Norway 186, Poland 34, Saudi Arabia 16, Singapore 7, South Korea 1, Spain 6, Sweden 11, Switzerland 1, Thailand 4, Turkey 3, UAE 23, UK 18, US 109) · registered in other countries: 6 (Panama 6) (2010)

Airports by runway lengthpaved only

over 3,047 m
2
7 (2013)

Airports by runway lengthunpaved only

under 914 m
17

Airports

61 (2013) country comparison to the world: 79

Heliports

1 (2013)

Roadways

total:
2,700 km

country comparison to the world: 170

paved:
1,620 km
unpaved:
1,080 km (2011)

Ports and terminals

major seaport(s):
Freeport, Nassau, South Riding Point
container port(s) (TEUs):
Freeport (1,116,272)(2011)
cruise port(s):
Nassau

Military

Royal Bahamas Defense Force: Land Force, Navy, Air Wing (2011)

6 fields
Military expenditures
0.6%of GDP
(2011)country comparison to the world: 157

Military branches

Royal Bahamas Defense Force: Land Force, Navy, Air Wing (2011)

Military service age and obligation

18 years of age for voluntary male and female service; no conscription (2012)

Manpower available for military service

males age 16-49: 85,568 (2010 est.)

Manpower fit for military service

males age 16-49:
63,429
females age 16-49:
64,645 (2010 est.)

Transnational Issues

2 fields

Disputes - international

disagrees with the US on the alignment of the northern axis of a potential maritime boundary

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 2013. Archived by The Factbook, thefactbook.org/bahamas/2013.