Country Guide

Bahamas Facts

Geography People and Society Government Economy Communications Transportation Military Transnational Issues

Geography

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


Area:
total:13,880 sq kmcountry comparison to the world: 161
land:10,010 sq km
water:3,870 sq km


Area - comparative:
slightly smaller than Connecticut


Land boundaries:
territorial sea:12 nm
exclusive economic zone:200 nm


Climate:
tropical marine; moderated by warm waters of Gulf Stream


Terrain:
long, flat coral formations with some low rounded hills


Elevation extremes:
lowest point:Atlantic Ocean 0 m
highest point:Mount Alvernia on Cat Island 63 m


    Natural resources:
salt, aragonite, timber, arable land


Land use:
arable land:0.65%
permanent crops:0.29%
other:99.06% (2011)


Irrigated land:
10 sq km (2003)


Total renewable water resources:
0.02 cu km (2011)


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

Nationality:
noun: Bahamian(s)
adjective:Bahamian


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


Languages:
English (official), Creole (among Haitian immigrants)


Religions:
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.)


Population:
321,834country comparison to the world: 179
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.)



Age structure:
0-14 years:23.2% (male 37,962/female 36,857)
15-24 years:17.4% (male 28,387/female 27,639)
25-54 years:44.1% (male 70,765/female 71,038)
55-64 years:8.3% (male 11,882/female 14,885)
65 years and over:7% (male 8,591/female 13,828) (2014 est.)


Dependency ratios:
total dependency ratio:40.9 %
youth dependency ratio:29.6 %
elderly dependency ratio:11.3 %
potential support ratio:8.9 (2014 est.)


Median age:
total:31.2 years
male:30.1 years
female:32.3 years (2014 est.)


Population growth rate:
0.87% (2014 est.)country comparison to the world: 128


Birth rate:
15.65 births/1,000 population (2014 est.)country comparison to the world: 126


Death rate:
7 deaths/1,000 population (2014 est.)country comparison to the world: 133


Net migration rate:
0 migrant(s)/1,000 population (2014 est.)country comparison to the world: 97


Urbanization:
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)


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.)


    Maternal mortality rate:
47 deaths/100,000 live births (2010)


Infant mortality rate:
total:12.5 deaths/1,000 live birthscountry comparison to the world: 124
male:12.51 deaths/1,000 live births
female:12.49 deaths/1,000 live births (2014 est.)


Life expectancy at birth:
total population:71.93 yearscountry comparison to the world: 140
male:69.48 years
female:74.46 years (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)


Physicians density:
2.82 physicians/1,000 population (2008)


Hospital bed density:
3.1 beds/1,000 population (2010)


Drinking water source:
improved:
urban: 98.4% of population
rural: 98.4% of population
total: 98.4% of population
unimproved:
urban: 1.6% of population
rural: 1.6% of population
total: 1.6% of population (2012 est.)


Sanitation facility access:
improved:
urban: 92% of population
rural: 92% of population
total: 92% of population
unimproved:
urban: 8% of population
rural: 8% of population
total: 8% of population (2012 est.)


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


Education expenditures:
NA

Literacy:
definition:age 15 and over can read and write
total population:95.6%
male:94.7%
female:96.5% (2003 est.)


Unemployment, youth ages 15-24:
total:30.8%country comparison to the world: 25
male:29.6%
female:32.2% (2012)

Government

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)


Legal system:
common law system based on the English model


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
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


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!'

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

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.


GDP (purchasing power parity):
$11.4 billion (2013 est.)
country comparison to the world: 152
$11.19 billion (2012 est.)
$10.98 billion (2011 est.)
note:data are in 2013 US dollars


GDP (official exchange rate):
$8.373 billion (2013 est.)


GDP - real growth rate:
1.9% (2013 est.)
country comparison to the world: 149
1.8% (2012 est.)
1.7% (2011 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


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


GDP - composition, by end use:
household consumption:68.7%
government consumption:15.5%
investment in fixed capital:34.4%
investment in inventories:0%
exports of goods and services:45.8%
imports of goods and services:-64.4%
(2013 est.)


GDP - composition, by sector of origin:
agriculture:2.1%
industry:7.1%
services:90.8% (2013 est.)


Agriculture - products:
citrus, vegetables; poultry


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


Industrial production growth rate:
1.5% (2013 est.)
country comparison to the world: 133

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


    Population below poverty line:
9.3% (2010 est.)


Household income or consumption by percentage share:
lowest 10%:1%
highest 10%:22% (2007)


Budget:
revenues:$1.41 billion
expenditures:$2.1 billion (2012 est.)


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


Inflation rate (consumer prices):
1% (2013 est.)
country comparison to the world: 26
2% (2012 est.)


Central bank discount rate:
4.5% (1 January 2014 est.)
country comparison to the world: 80
4.5% (31 December 2012 est.)


Commercial bank prime lending rate:
4.75% (31 December 2013 est.)
country comparison to the world: 154
4.75% (31 December 2012 est.)


Stock of narrow money:
$1.435 billion (31 December 2013 est.)
country comparison to the world: 139
$1.575 billion (31 December 2012 est.)


Stock of broad money:
$6.329 billion (31 December 2013 est.)
country comparison to the world: 121
$6.088 billion (31 December 2012 est.)


Stock of domestic credit:
$9.2 billion (31 December 2013 est.)
country comparison to the world: 99
$8.653 billion (31 December 2012 est.)


Market value of publicly traded shares:
$NA (31 December 2012 est.)


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


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


Exports - commodities:
crawfish, aragonite, crude salt, polystyrene products


Exports - partners:
Singapore 25.1%, US 20.6%, Dominican Republic 12.9%, Ecuador 9.4%, Canada 5.8%, Switzerland 4.1%, China 4.1% (2012)


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


Imports - commodities:
machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals


Imports - partners:
US 30.1%, India 20.3%, Singapore 8.7%, South Korea 6.8%, China 5%, Colombia 4.5%, Canada 4.2% (2012)


Reserves of foreign exchange and gold:
$830 million (31 December 2013 est.)
country comparison to the world: 142
$846.9 million (31 December 2012 est.)


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


Exchange rates:
Bahamian dollars (BSD) per US dollar -
1 (2013 est.)
1 (2012 est.)
1 (2010 est.)
1 (2008 est.)
1 (2007 est.)

Energy

Electricity - production:
1.93 billion kWh (2010 est.)
country comparison to the world: 137


Electricity - consumption:
1.795 billion kWh (2010 est.)
country comparison to the world: 143


Electricity - exports:
0 kWh (2012 est.)
country comparison to the world: 104


Electricity - imports:
0 kWh (2012 est.)
country comparison to the world: 119


Electricity - installed generating capacity:
493,000 kW (2010 est.)
country comparison to the world: 139


Electricity - from fossil fuels:
100% of total installed capacity (2012 est.)
country comparison to the world: 7


Electricity - from nuclear fuels:
0% of total installed capacity (2012 est.)
country comparison to the world: 47


Electricity - from hydroelectric plants:
0% of total installed capacity (2012 est.)
country comparison to the world: 159


Electricity - from other renewable sources:
0% of total installed capacity (2012 est.)
country comparison to the world: 156


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


Refined petroleum products - consumption:
36,300 bbl/day (2011 est.)
country comparison to the world: 111


Refined petroleum products - exports:
41,770 bbl/day (2010 est.)
country comparison to the world: 62


Refined petroleum products - imports:
64,600 bbl/day (2010 est.)
country comparison to the world: 61


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


Carbon dioxide emissions from consumption of energy:
4.734 million Mt (2011 est.)

Communications

Telephones - main lines in use:
137,000 (2012)
country comparison to the world: 141


Telephones - mobile cellular:
254,000 (2012)
country comparison to the world: 176


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 country code:
.bs


Internet hosts:
20,661 (2012)
country comparison to the world: 117


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

Transportation

Airports
61 (2013)
country comparison to the world: 79


Airports - with paved runways
total:24
over 3,047 m:2
2,438 to 3,047 m:2
1,524 to 2,437 m:13
914 to 1,523 m:7 (2013)


Airports - with unpaved runways
total:37
1,524 to 2,437 m:4
914 to 1,523 m:16
under 914 m:
17 (2013)


Heliports
1 (2013)


Roadways
total:2,700 kmcountry comparison to the world: 170
paved:1,620 km
unpaved:1,080 km (2011)


    Merchant marine
total:1,160country comparison to the world: 10
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:1,063 (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)



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

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.)


    Manpower reaching militarily significant age annually
male:2,829
female:2,750 (2010 est.)

Transnational Issues

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
Information/ Data by CIA - The World Factbook