The Bahamas

Commonwealth of The Bahamas

parliamentary democracy (Parliament) under a constitutional monarchyIndependence 10 July 1973 (from the UK)

The Bahamas as the 2017 edition of the CIA World Factbook published it: 155 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
329,988 people July 2017 est. · 246,491 in 1990
Population growth% a year
0.81% 2017 est. · 1.62% in 1993
Median ageyears
32 years 2017 est. · 27 yrs in 2003
Life expectancyyears at birth
72.6 years 2017 est. · 72.02 yrs in 1993
Fertility ratechildren per woman
1.94 children per woman 2017 est. · 1.9 in 1990
Infant mortalitydeaths per 1,000 live births
11.3 deaths per 1,000 live births 2017 est. · 21 in 1990
GDP per capitaeach edition's own dollars
$24,500 2016 est. · $10,200 in 1993
GDP real growth% a year
-0.3% 2016 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. Piracy thrived in the 17th and 18th centuries because of The Bahamas close proximity to shipping lanes. 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

forest 51.4%other 47.2% (2011 est.)irrigated 10 sq km (2012)agricultural land: 1.4%; arable land 0.8%; permanent crops 0.4%; permanent pasture 0.2%
Area
13,880sq km
land: 10,010 sq kmwater: 3,870 sq kmcountry comparison to the world: 161slightly smaller than Connecticut
Coastline
3,542km
land boundaries: 0 kmterritorial sea: 12 nmexclusive economic zone: 200 nm
Highest point
64m
Mount Alvernia on Cat Islandmean elevation: NAelevation extremes: lowest 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

Population - distribution

most of the population lives in urban areas, with two-thirds living on New Providence Island where Nassau is located

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 · (2017 est.)

9,843
65 and over7.75%
15,744
13,647
55-649.16%
16,567
73,016
25-5444.14%
72,626
27,415
15-2416.4%
26,703
37,760
0-1422.55%
36,667
MaleFemaleDependency ratios: total dependency ratio: 40.8 · youth dependency ratio: 29.1 · elderly dependency ratio: 11.7 · potential support ratio: 8.5 (2015 est.)
Population
329,988
country comparison to the world: 179growth rate: 0.81% (2017 est.)country comparison to the world: 129
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 2017 est.)

Per 1,000 population(2017 est.)

Birth
15.3Death
7.2Net migration
0

Male · female

TotalMale · femaleLife expectancy years (2017 est.)72.6
70.2 · 75.1Infant mortality deaths/1,000 live births (2017 est.)11.3
11.4 · 11.3
TotalMale · femaleMedian age years (2017 est.)32
30.9 · 33.2Youth unemployment ages 15-24 (2012 est.)30.8%
29.6% · 32.2%
MaleFemaleLife expectancy country comparison to the world: 145 · Infant mortality country comparison to the world: 127 · Median age country comparison to the world: 100 · Youth unemployment ages 15-24 country comparison to the world: 24

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
83%of total population
(2017)rate of urbanization: 1.21% annual rate of change (2015-20 est.)Major urban areas - population: NASSAU (capital) 267,000 (2014)
Improved drinking water
98.4%of population
urban: 98.4% of populationrural: 98.4% of populationurban: 1.6% of populationrural: 1.6% of populationtotal: 1.6% of population (2015 est.)
Improved sanitation
92%of population
urban: 92% of populationrural: 92% of populationurban: 8% of populationrural: 8% of populationtotal: 8% of population (2015 est.)
Maternal mortality rate
80deaths/100,000 live births
(2015 est.)country comparison to the world: 80

Nationality

noun:
Bahamian(s)
adjective:
Bahamian

Languages

English (official), Creole (among Haitian immigrants)

Population distribution

most of the population lives in urban areas, with two-thirds living on New Providence Island where Nassau is located

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:
0.81 male(s)/female
65 years and over:
0.62 male(s)/female
total population:
0.96 male(s)/female (2016 est.)

Total fertility rate

1.94 children born/woman (2017 est.) country comparison to the world: 128

Health expenditures

7.7% of GDP (2014) country comparison to the world: 61

Physicians density

2.72 physicians/1,000 population (2008)

Hospital bed density

2.9 beds/1,000 population (2011)

HIV/AIDS - adult prevalence rate

3.3% (2016 est.) country comparison to the world: 17

HIV/AIDS - people living with HIV/AIDS

8,200 (2016 est.) country comparison to the world: 101

Obesity - adult prevalence rate

31.6% (2016) country comparison to the world: 21

Government

Parliamentary democracy (Parliament) under a constitutional monarchy; Queen ELIZABETH II (since 6 February 1952); Prime Minister Hubert MINNIS (since 11 May 2017)

22 fields

Presidential electionpercent of vote

57%
FNM 57%PLP 36.9%other 6.1%last held on 10 May 2017 (next to be held by May 2022)

Legislature, 39 seats, elected 10 May 2017one dot, one seat

FNM 35PLP 4

Percent of vote

FNM 57%PLP 36.9%other 6.1%

Country name

conventional long form:
Commonwealth of The Bahamas
conventional short form:
The Bahamas
etymology:
name derives from the Spanish "baha mar," meaning "shallow sea," which describes the shallow waters of the Bahama Banks

Government type

parliamentary democracy (Parliament) under a constitutional monarchy; 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 2016 (2016)

International law organization participation

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

Citizenship

citizenship by birth:
no
citizenship by descent only:
at least one parent must be a citizen of The Bahamas
dual citizenship recognized:
no
residency requirement for naturalization:
6-9 years

Suffrage

18 years of age; universal

Executive branch

chief of state:
Queen ELIZABETH II (since 6 February 1952); represented by Governor General Dame Marguerite PINDLING (since 8 July 2014)
head of government:
Prime Minister Hubert MINNIS (since 11 May 2017)
cabinet:
Cabinet appointed by governor general on recommendation of prime minister
elections/appointments:
  • the monarchy is hereditary;
  • governor general appointed by the monarch;
  • following legislative elections, the leader of the majority party or majority coalition usually appointed prime minister by the governor general;
  • the prime minister recommends the deputy prime minister

Legislative branch

description:
  • 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 5-year terms) and the House of Assembly (39 seats; members directly elected in single-seat constituencies by simple majority vote to serve 5-year terms);
  • note - the government may dissolve the parliament and call elections at any time
elections:
last held on 10 May 2017 (next to be held by May 2022)
election results:
percent of vote by party - FNM 57%, PLP 36.9%, other 6.1%; seats by party - FNM 35, PLP 4

Judicial branch

highest resident court(s):
  • Court of Appeal (consists of the court president and 4 justices, organized in 3-member panels);
  • Supreme Court (consists of the chief justice and a maximum of 11 and a minimum of 2 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 president and Supreme Court chief justice appointed by the governor-general on the advice of the prime minister after consultation with the leader of the opposition party;
  • other Court of Appeal and Supreme Court justices appointed by the governor general upon recommendation of the Judicial and Legal Services Commission, a 5-member body headed by the chief justice;
  • Court of Appeal justices appointed for life with mandatory retirement normally at age 68 but can be extended until age 70;
  • Supreme Court justices appointed for life with mandatory retirement normally at age 65 but can be extended until age 67
subordinate courts:
  • Industrial Tribunal;
  • Stipendiary and Magistrates' Courts;
  • Family Island Administrators

Political parties and leaders

  • Democratic National Alliance or DNA [Branville MCCARTNEY]
  • Free National Movement or FNM [Hubert MINNIS]
  • Progressive Liberal Party or PLP [Philip "Brave" DAVIS]

Political pressure groups and leaders

Friends of the Environment [Wynsome FERGUSON]; other: trade unions

International organization participation

ACP, AOSIS, C, Caricom, CDB, CELAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC (NGOs), ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, ISO (correspondent), 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 Lisa A. JOHNSON (since 9 July 2014)
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) 356-7174

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, Yellow Elder flower; national colors: aquamarine, yellow, black

National anthem

name:
"March On, Bahamaland!"
lyrics/music:
Timothy GIBSON

note: adopted 1973; as a Commonwealth country, in addition to the national anthem, "God Save the Queen" serves as the royal anthem (see United Kingdom)

Economy

The Bahamas has the second highest per capital GDP in the English-speaking Caribbean with an economy heavily dependent on tourism and international banking.

38 fields
GDP, purchasing power parity
$9.017billion
(2016 est.) · $8.926 billion (2015 est.) · $8.98 billion (2014 est.)note: data are in 2016 dollarscountry comparison to the world: 160official exchange rate: $8.717 billion (2016 est.)
GDP per capita, PPP
$24,500
(2016 est.) · $24,800 (2015 est.) · $25,500 (2014 est.)note: data are in 2016 dollarscountry comparison to the world: 79
Real growth rate
-0.3%
(2016 est.) · -1.7% (2015 est.) · -0.5% (2014 est.)country comparison to the world: 192industrial production growth: 1.5% (2016 est.)country comparison to the world: 129
Inflation, consumer prices
0.8%
(2016 est.) · 1.9% (2015 est.)country comparison to the world: 35

GDP - composition, by sector of origin(2016 est.)

agriculture 2.2%industry 7.6%services 90.1% (2016 est.)

By end use% of GDP

Household consumption
66.1%Government consumption
16.8%Fixed capital
26.8%Inventories
1%Exports
37.1%Imports
-47.9% (2016 est.)

Budget

Revenues
$2 billionExpenditures
$2.5 billion (2016 est.)

Economy - overview

The Bahamas has the second highest per capital GDP in the English-speaking Caribbean with an economy heavily dependent on tourism and international banking. Tourism accounts for approximately 75-80% 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, accounting for about 15% of GDP. Manufacturing and agriculture combined contribute less than 7% of GDP and show little growth, despite government incentives aimed at those sectors.

On January 1, 2015, the Government introduced a 7.5% Value Added Tax (VAT) on most goods and services, a measure designed to strengthen the fiscal balance sheet. In August 2016, Moody’s downgraded the Bahamas’ bond and issue ratings to Baa3 from Baa2 with a stable outlook, maintaining that rating in its February 2017 review.

In December 2016, S&P downgraded the country to BB+ (speculative grade) from BBB- (investment grade) with a stable outlook based on projections of slow economic growth and the pace of debt accumulation. The Bahamas is the only country in the Western Hemisphere that is not a member of the World Trade Organization.

Gross national saving

13.4% of GDP (2016 est.) · 13.6% of GDP (2015 est.) · 9.3% of GDP (2014 est.) country comparison to the world: 125

Agriculture - products

citrus, vegetables; poultry

Industries

tourism, banking, oil bunkering, maritime industries, transshipment and logistics, salt, aragonite, pharmaceuticals

Labor force

196,900 (2013 est.) country comparison to the world: 172

Labor force - by occupation

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

Unemployment rate

12.2% (2016 est.) · 15.8% (2013 est.) country comparison to the world: 168

Household income or consumption by percentage share

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

Taxes and other revenues

22.4% of GDP (2016 est.) country comparison to the world: 133

Budget surplus (+) or deficit (-)

-5.6% of GDP (2016 est.) country comparison to the world: 164

Public debt

66.9% of GDP (2016 est.) · 64.5% of GDP (2015 est.) country comparison to the world: 56

Fiscal year

1 July - 30 June

Central bank discount rate

4.5% (1 January 2014) · 4.5% (31 December 2012) country comparison to the world: 83

Commercial bank prime lending rate

4.8% (31 December 2016 est.) · 4.75% (31 December 2015 est.) country comparison to the world: 146

Stock of narrow money

$2.461 billion (31 December 2016 est.) · $2.087 billion (31 December 2015 est.) country comparison to the world: 122

Stock of broad money

$6.622 billion (31 December 2016 est.) · $6.239 billion (31 December 2015 est.) country comparison to the world: 117

Stock of domestic credit

$9.1 billion (31 December 2016 est.) · $8.922 billion (31 December 2015 est.) country comparison to the world: 110

Market value of publicly traded shares

$2.78 billion (31 December 2012 est.) country comparison to the world: 97

Current account balance

$-1.126 billion (2016 est.); $-1.203 billion (2015 est.) country comparison to the world: 129

Exports

$444.3 million (2016 est.) · $520.6 million (2015 est.) country comparison to the world: 175

Exports - commodities

Rock lobster, aragonite, crude salt, polystyrene products

Exports - partners

US 53.4%, Namibia 31.4% (2016)

Imports

$2.594 billion (2016 est.) · $2.954 billion (2015 est.) country comparison to the world: 150

Imports - commodities

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

Imports - partners

US 81.8% (2016)

Reserves of foreign exchange and gold

$1.002 billion (31 December 2016 est.) · $895.5 million (31 December 2015 est.) country comparison to the world: 124

Debt - external

$17.56 billion (31 December 2013 est.) · $16.35 billion (31 December 2012 est.) country comparison to the world: 96

Exchange rates

Bahamian dollars (BSD) per US dollar - 1 (2016 est.) · 1 (2015 est.) · 1 (2014 est.) · 1 (2013 est.) · 1 (2012 est.)

Energy

24 fields

Electrification% of population · (2016)

100%Total

Installed generating capacity, 577,000 kW(2015 est.)

Fossil fuels 99.8% of total installed capacity (2015 est.)Other renewable sources 0.2% of total installed capacity (2015 est.)Nuclear fuels 0% · Hydroelectric plants 0%
Electricity production
1.807 billion (2015 est.)Electricity consumption
1.681 billion (2015 est.)Refined petroleum imports
26,330 (2014 est.)Refined petroleum consumption
24,000 (2015 est.)Refined petroleum exports
922.7 (2014 est.)

Crude oil - production

0 bbl/day (2016 est.) country comparison to the world: 111

Crude oil - exports

0 bbl/day (2014 est.) country comparison to the world: 95

Crude oil - imports

0 bbl/day (2014 est.) country comparison to the world: 99

Crude oil - proved reserves

0 bbl (1 January 2017 es) country comparison to the world: 111

Refined petroleum products - production

0 bbl/day (2014 est.) country comparison to the world: 120

Natural gas - production

0 cu m (2013 est.) country comparison to the world: 109

Natural gas - consumption

0 cu m (2013 est.) country comparison to the world: 158

Natural gas - exports

0 cu m (2013 est.) country comparison to the world: 68

Natural gas - imports

0 cu m (2013 est.) country comparison to the world: 91

Natural gas - proved reserves

0 cu m (1 January 2009 es) country comparison to the world: 116

Carbon dioxide emissions from consumption of energy

4.1 million Mt (2013 est.) country comparison to the world: 132

Communications

6 fields

Per 100 inhabitants(July 2016 est.)

110Mobile cellular
80.0%Internet users, % of population
37Fixed lines
Mobile cellular
360,200
(July 2016 est.)
Internet users
261,853
(July 2016 est.)
Fixed lines
121,088
(July 2016 est.) · country code .bs

Telephone system

general assessment:
modern facilities
domestic:
  • totally automatic system;
  • highly developed;
  • the Bahamas Domestic Submarine Network links all of the major islands;
  • Bahamas Telecommunications Company (BTC) privatized in 2011, but the government reacquired 51% share in 2014
international:
  • country code - 1-242;
  • landing point for the Americas Region Caribbean Ring System (ARCOS-1) and two additional fiber-optic submarine cables that provide links to South and Central America, parts of the Caribbean, and the US;
  • satellite earth stations - 2 (2017)

Broadcast media

  • The Bahamas has 4 major TV providers that provide service to all major islands in the archipelago;
  • 1 TV station is operated by government-owned, commercially run Broadcasting Corporation of the Bahamas (BCB) and competes freely with 3 privately owned TV stations;
  • multi-channel cable TV subscription service is widely available;
  • there are 31 licensed broadcast (radio) service providers, 28 are privately owned FM radio stations operating on New Providence, Grand Bahama Island, Abaco Island, and on smaller islands in the country;
  • the BCB operates a multi-channel radio broadcasting network that has national coverage;
  • the sector is regulated by the Utilities Regulation and Competition Authority (2017)

Transportation

9 fields

Airports by runway lengthpaved left, unpaved right

2
over 3,047 m
2
2,438 to 3,047 m
13
1,524 to 2,437 m
4
7
914 to 1,523 m
16
under 914 m
17
Paved 24Unpaved 37

National air transport system

number of registered air carriers:
4; inventory of registered aircraft operated by air carriers: 16
annual passenger traffic on registered air carriers:
587,516
annual freight traffic on registered air carriers:
172,730 mt-km (2015)

Airports

61 (2013) country comparison to the world: 80

Heliports

1 (2013)

Roadways

total:
2,700 km
paved:
1,620 km
unpaved:
1,080 km (2011)

country comparison to the world: 170

Merchant marine

total:
1,160
by type:
barge carrier 1, bulk carrier 238, cargo 170, carrier 2, chemical tanker 87, combination ore/oil 8, container 57, liquefied gas 71, passenger 102, passenger/cargo 26, petroleum tanker 225, refrigerated cargo 97, roll on/roll off 13, specialized tanker 2, vehicle carrier 61
foreign-owned:
1,069 (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)

country comparison to the world: 10

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 and Security

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

2 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)

Transnational Issues

3 fields

Disputes - international

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

Refugees and internally displaced persons

stateless persons: 11 (2016)

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 2017. Archived by The Factbook, thefactbook.org/bahamas/2017.