The Bahamas

Commonwealth of The Bahamas

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

The Bahamas as the 2014 edition of the CIA World Factbook published it: 153 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
321,834 people July 2014 est. · 246,491 in 1990
Population growth% a year
0.87% 2014 est. · 1.62% in 1993
Median ageyears
31.2 years 2014 est. · 27 yrs in 2003
Life expectancyyears at birth
71.93 years 2014 est. · 72.02 yrs in 1993
Fertility ratechildren per woman
1.97 children per woman 2014 est. · 1.9 in 1990
Infant mortalitydeaths per 1,000 live births
12.5 deaths per 1,000 live births 2014 est. · 21 in 1990
GDP per capitaeach edition's own dollars
$32,000 2013 est. · $10,200 in 1993
GDP real growth% a year
1.9% 2013 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 location, 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

31 fields

Age structuremale left, female right · (2014 est.)

8,591
65 and over7%
13,828
11,882
55-648.3%
14,885
70,765
25-5444.1%
71,038
28,387
15-2417.4%
27,639
37,962
0-1423.2%
36,857
MaleFemaleDependency ratios: total dependency ratio: 40.9 % · youth dependency ratio: 29.6 % · elderly dependency ratio: 11.3 % · potential support ratio: 8.9 (2014 est.)
Population
321,834
country comparison to the world: 179growth rate: 0.87% (2014 est.)country comparison to the world: 128
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 (July 2014 est.)

Per 1,000 population(2014 est.)

Birth
15.65Death
7Net migration
0

Male · female

TotalMale · femaleLife expectancy years (2014 est.)71.93
69.48 · 74.46Infant mortality deaths/1,000 live births (2014 est.)12.5
12.51 · 12.49Literacy (2003 est.)95.6%
94.7% · 96.5%
TotalMale · femaleMedian age years (2014 est.)31.2
30.1 · 32.3Youth unemployment ages 15-24 (2012)30.8%
29.6% · 32.2%
MaleFemaleLife expectancy country comparison to the world: 140 · Infant mortality country comparison to the world: 124 · Literacy definition: age 15 and over can read and write · Youth unemployment ages 15-24 country comparison to the world: 25

Ethnic groups(2010 est.)

black 90.6%white 4.7%black and white 2.1%other 1.9%unspecified 0.7% (2010 est.)

Religions(2010 est.)

Protestant 69.9% (includes Baptist 34.9%, Anglican 13.7%, Pentecostal 8.9% Seventh Day Adventist 4.4%, Methodist 3.6%, Church of God 1.9%, Brethren 1.6%)Roman Catholic 12%other Christian 13% (includes Jehovah's Witness 1.1%)other 0.6%none 1.9%unspecified 2.6% (2010 est.)
Urban population
84.3%of total population
(2011)rate of urbanization: 1.37% annual rate of change (2010-15 est.)Major urban areas - population: NASSAU (capital) 254,000 (2011)
Improved drinking water
98.4%of population
improved: urban: 98.4% of populationrural: 98.4% of populationunimproved: urban: 1.6% of populationrural: 1.6% of populationtotal: 1.6% of population (2012 est.)
Improved sanitation
92%of population
improved: urban: 92% of populationrural: 92% of populationunimproved: urban: 8% of populationrural: 8% of populationtotal: 8% of population (2012 est.)
Maternal mortality rate
47deaths/100,000 live births
(2010)country comparison to the world: 111

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:
1 male(s)/female
55-64 years:
0.96 male(s)/female
65 years and over:
0.62 male(s)/female
total population:
0.96 male(s)/female (2014 est.)

Total fertility rate

1.97 children born/woman (2014 est.) country comparison to the world: 130

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

3.3% (2012 est.) country comparison to the world: 18

HIV/AIDS - people living with HIV/AIDS

7,000 (2012 est.) country comparison to the world: 117

HIV/AIDS - deaths

300 (2012 est.) country comparison to the world: 105

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.

37 fields
GDP, purchasing power parity
$11.4billion
(2013 est.)country comparison to the world: 152$11.19 billion (2012 est.) · $10.98 billion (2011 est.)note: data are in 2013 US dollarsofficial exchange rate: $8.373 billion (2013 est.)
GDP per capita, PPP
$32,000
(2013 est.)country comparison to the world: 43$31,800 (2012 est.) · $31,500 (2011 est.)note: data are in 2013 US dollars
Real growth rate
1.9%
(2013 est.)country comparison to the world: 1491.8% (2012 est.) · 1.7% (2011 est.)industrial production growth: 1.5% (2013 est.)country comparison to the world: 133
Inflation, consumer prices
1%
(2013 est.)country comparison to the world: 262% (2012 est.)

GDP - composition, by sector of origin(2013 est.)

agriculture 2.1%industry 7.1%services 90.8% (2013 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 $960 million (2013 est.)Imports $3.245 billion (2013 est.)(2012)

By end use% of GDP

Household consumption
68.7%Government consumption
15.5%Fixed capital
34.4%Inventories
0%Exports
45.8%Imports
-64.4%
(2013 est.)

Budget

Revenues
$1.41 billionExpenditures
$2.1 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 35% 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 2007-2011, and tourism, financial services, and construction - pillars of the national economy - remain subdued. Conditions are improving in the tourism sector, however, due to steady foreign investment led activity. New resort and marina developments are likely to provide sustained employment opportunities.

Gross national saving

14.3% of GDP (2013 est.) · 19.3% of GDP (2012 est.) · 17.8% of GDP (2011 est.) country comparison to the world: 112

Agriculture - products

citrus, vegetables; poultry

Industries

tourism, banking, oil bunkering, maritime industries, transshipment, salt, rum, aragonite, pharmaceuticals

Labor force

196,900 (2013 est.) country comparison to the world: 171

Labor force - by occupation

agriculture:
3%
industry:
11%
tourism:
49%
other services:
37% (2011 est.)

Unemployment rate

16.2% (2013 est.) · 14% (2012 est.) country comparison to the world: 145

Household income or consumption by percentage share

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

Taxes and other revenues

16.8% of GDP (2012 est.) country comparison to the world: 183

Budget surplus (+) or deficit (-)

-8.2% of GDP (2012 est.) country comparison to the world: 197

Fiscal year

1 July - 30 June

Central bank discount rate

4.5% (1 January 2014 est.) · 4.5% (31 December 2012 est.) country comparison to the world: 80

Commercial bank prime lending rate

4.75% (31 December 2013 est.) · 4.75% (31 December 2012 est.) country comparison to the world: 154

Stock of narrow money

$1.435 billion (31 December 2013 est.) · $1.575 billion (31 December 2012 est.) country comparison to the world: 139

Stock of broad money

$6.329 billion (31 December 2013 est.) · $6.088 billion (31 December 2012 est.) country comparison to the world: 121

Stock of domestic credit

$9.2 billion (31 December 2013 est.) · $8.653 billion (31 December 2012 est.) country comparison to the world: 99

Market value of publicly traded shares

$NA (31 December 2012 est.)

Current account balance

-$1.372 billion (2013 est.) · -$1.424 billion (2012 est.) country comparison to the world: 129

Exports

$960 million (2013 est.) · $984 million (2012 est.) country comparison to the world: 162

Exports - commodities

crawfish, aragonite, crude salt, polystyrene products

Imports

$3.245 billion (2013 est.) · $3.386 billion (2012 est.) country comparison to the world: 144

Imports - commodities

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

Reserves of foreign exchange and gold

$830 million (31 December 2013 est.) · $846.9 million (31 December 2012 est.) country comparison to the world: 142

Debt - external

$17.56 billion (31 December 2013 est.) · $16.35 billion (31 December 2012 est.) country comparison to the world: 85

Exchange rates

Bahamian dollars (BSD) per US dollar - 1 (2013 est.) · 1 (2012 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 est.) country comparison to the world: 108

Refined petroleum products - production

0 bbl/day (2010 est.) country comparison to the world: 122

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: 121

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 est.) country comparison to the world: 114

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)

5 fields

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 2014. Archived by The Factbook, thefactbook.org/bahamas/2014.