ARCHIVE // BS // 1995
Bahamas, The
1995 Edition — sovereign
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Communications
Broadcast media
(Radio)
[time series]
broadcast stations: AM 3, FM 2, shortwave 0 radios: NA
Telecommunication systems
(Telephone system)
[time series]
99,000 telephones; totally automatic system; highly developed local: NA intercity: NA international: tropospheric scatter and submarine cable links to Florida; 3 coaxial submarine cables; 1 INTELSAT (Atlantic Ocean) earth station
Broadcast media
(Television)
[time series]
broadcast stations: 1 televisions: NA
Defense Forces
Military and security forces
(Branches)
[time series]
Royal Bahamas Defense Force (Coast Guard only), Royal Bahamas Police Force
Military expenditures
(Defense expenditures)
[time series]
exchange rate conversion - $65 million, 2.7% of GDP (1990) BAHRAIN
Economy
Agricultural products
(Agriculture)
[time series]
accounts for 5% of GDP; dominated by small-scale producers; principal products - citrus fruit, vegetables, poultry; large net importer of food
Budget
[time series]
revenues: $696 million expenditures: $756 million, including capital expenditures of $NA (FY94/95)
Exchange rates
(Currency)
[time series]
1 Bahamian dollar (B$) = 100 cents
Economic aid
[time series]
recipient: US commitments, including Ex-Im (FY85-89), $1 million; Western (non-US) countries, ODA and OOF bilateral commitments (1970-89), $345 million
Electricity
[time series]
capacity: 424,000 kW production: 929 million kWh consumption per capita: 3,200 kWh (1993)
Exchange rates
[time series]
Bahamian dollar (B$) per US$1 - 1.00 (fixed rate)
Exports
[time series]
$257 million (f.o.b., 1993 est.) commodities: pharmaceuticals, cement, rum, crawfish, refined petroleum products partners: US 51%, UK 7%, Norway 7%, France 6%, Italy 5%
Debt - external
(External debt)
[time series]
$455 million (December 1993)
Fiscal year
[time series]
1 July - 30 June
Illicit drugs
[time series]
transshipment point for cocaine and marijuana bound for US and Europe; also a money-laundering center
Imports
[time series]
$1.15 billion (f.o.b,,1993 est.) commodities: foodstuffs, manufactured goods, crude oil, vehicles, electronics partners: US 55%, Japan 17%, Nigeria 12%, Denmark 7%, Norway 6%
Industrial production growth rate
(Industrial production)
[time series]
growth rate 3% (1990); accounts for 15% of GDP
Industries
[time series]
tourism, banking, cement, oil refining and transshipment, salt production, rum, aragonite, pharmaceuticals, spiral welded steel pipe
Inflation rate (consumer prices)
[time series]
2.7% (1994)
Real GDP (purchasing power parity)
(National product)
[time series]
GDP - purchasing power parity - $4.4 billion (1994 est.)
Real GDP per capita
(National product per capita)
[time series]
$15,900 (1994 est.)
Real GDP growth rate
(National product real growth rate)
[time series]
3.5% (1994 est.)
Economic overview
(Overview)
[time series]
The Bahamas is a stable, developing nation whose economy is based primarily on tourism and offshore banking. Tourism alone provides about 50% of GDP and directly or indirectly employs about 50,000 people or 40% of the local work force. The economy has slackened in recent years, as the annual increase in the number of tourists slowed. Nonetheless, per capita GDP is one of the highest in the region.
Unemployment rate
[time series]
13.1% (1993)
Geography
Area
[time series]
total area: 13,940 sq km land area: 10,070 sq km comparative area: slightly larger than Connecticut
Climate
[time series]
tropical marine; moderated by warm waters of Gulf Stream
Coastline
[time series]
3,542 km
Environment - current issues
(Environment)
[time series]
current issues: coral reef decay natural hazards: hurricanes and other tropical storms that cause extensive flood and wind damage international agreements: party to - Biodiversity, Climate Change, Endangered Species, Hazardous Wastes, Law of the Sea, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution
Disputes - international
(International disputes)
[time series]
none
Irrigated land
[time series]
NA sq km
Land boundaries
[time series]
0 km
Land use
[time series]
arable land: 1% permanent crops: 0% meadows and pastures: 0% forest and woodland: 32% other: 67%
Location
[time series]
Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida
Map references
[time series]
Central America and the Caribbean
Maritime claims
[time series]
continental shelf: 200-m depth or to the depth of exploitation exclusive fishing zone: 200 nm territorial sea: 3 nm
Natural resources
[time series]
salt, aragonite, timber
Note
[time series]
strategic location adjacent to US and Cuba; extensive island chain
Terrain
[time series]
long, flat coral formations with some low rounded hills
Government
Administrative divisions
[time series]
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, Nicholls Town and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay
Capital
[time series]
Nassau
Constitution
[time series]
10 July 1973
Digraph
[time series]
BF
Diplomatic representation in the US
(Diplomatic representation in US)
[time series]
chief of mission: Ambassador Timothy Baswell DONALDSON chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 319-2660
Executive branch
[time series]
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor General Sir Clifford DARLING (since 2 January 1992) head of government: Prime Minister Hubert A. INGRAHAM (since 19 August 1992) cabinet: Cabinet; appointed by the governor on the prime minister's recommendation
Diplomatic representation in the US
(FAX)
[time series]
[1] (202) 319-2668 consulate(s) general: Miami and New York
Diplomatic representation in the US
(FAX)
[time series]
[1] (809) 328-7838
Flag
[time series]
three equal horizontal bands of aquamarine (top), gold, and aquamarine with a black equilateral triangle based on the hoist side
Legislative branch
(House of Assembly)
[time series]
elections last held 19 August 1992 (next to be held by August 1997); results - percent of vote by party NA; seats - (49 total) FNM 32, PLP 17
Independence
[time series]
10 July 1973 (from UK)
Judicial branch
[time series]
Supreme Court
Legal system
[time series]
based on English common law
Legislative branch
[time series]
bicameral Parliament
International organization participation
(Member of)
[time series]
ACP, C, CARICOM, CCC, CDB, ECLAC, FAO, G-77, IADB, IBRD, ICAO, ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, INMARSAT, INTELSAT, INTERPOL, IOC, ITU, NAM, OAS, OPANAL, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WMO
Country name
(Names)
[time series]
conventional long form: Commonwealth of The Bahamas conventional short form: The Bahamas
National holiday
[time series]
National Day, 10 July (1973)
Political parties
(Political parties and leaders)
[time series]
Progressive Liberal Party (PLP), Sir Lynden O. PINDLING; Free National Movement (FNM), Hubert Alexander INGRAHAM;
Legislative branch
(Senate)
[time series]
a 16-member body appointed by the governor general
Suffrage
[time series]
18 years of age; universal
Government type
(Type)
[time series]
commonwealth
Diplomatic representation from the US
(US diplomatic representation)
[time series]
chief of mission: Ambassador Sidney WILLIAMS embassy: Mosmar Building, Queen Street, Nassau mailing address: P. O. Box N-8197, Nassau telephone: [1] (809) 322-1181, 328-2206
People
Age structure
[time series]
0-14 years: 28% (female 35,924; male 36,504) 15-64 years: 66% (female 87,868; male 82,780) 65 years and over: 6% (female 8,247; male 5,293) (July 1995 est.)
Birth rate
[time series]
19.23 births/1,000 population (1995 est.)
Death rate
[time series]
5.79 deaths/1,000 population (1995 est.)
Ethnic groups
(Ethnic divisions)
[time series]
black 85%, white 15%
Infant mortality rate
[time series]
24.3 deaths/1,000 live births (1995 est.)
Labor force
[time series]
136,900 (1993) by occupation: government 30%, hotels and restaurants 25%, business services 10%, agriculture 5% (1989)
Languages
[time series]
English, Creole (among Haitian immigrants)
Life expectancy at birth
[time series]
total population: 72.12 years male: 67.37 years female: 76.97 years (1995 est.)
Literacy
[time series]
age 15 and over can read and write but definition of literary not available (1963 est.) total population: 90% male: 90% female: 89%
Nationality
[time series]
noun: Bahamian(s) adjective: Bahamian
Net migration rate
[time series]
-2.56 migrant(s)/1,000 population (1995 est.)
Population
[time series]
256,616 (July 1995 est.)
Population growth rate
[time series]
1.09% (1995 est.)
Religions
[time series]
Baptist 32%, Anglican 20%, Roman Catholic 19%, Methodist 6%, Church of God 6%, other Protestant 12%, none or unknown 3%, other 2%
Total fertility rate
[time series]
2.01 children born/woman (1995 est.)
Transportation
Airports
[time series]
total: 60 with paved runways over 3,047 m: 2 with paved runways 2,438 to 3,047 m: 1 with paved runways 1,524 to 2,437 m: 16 with paved runways 914 to 1,523 m: 11 with paved runways under 914 m: 22 with unpaved runways 914 to 1,523 m: 8
Roadways
(Highways)
[time series]
total: 2,400 km paved: 1,350 km unpaved: gravel 1,050 km
Merchant marine
[time series]
total: 936 ships (1,000 GRT or over) totaling 21,815,474 GRT/35,253,416 DWT ships by type: bulk 162, cargo 181, chemical tanker 39, combination bulk 9, combination ore/oil 19, container 52, liquefied gas tanker 20, oil tanker 182, passenger 55, refrigerated cargo 146, roll-on/roll-off cargo 43, short-sea passenger 16, vehicle carrier 12 note: a flag of convenience registry; includes 46 countries among which are UK 158 ships, Norway 125, Greece 100, US 94, Denmark 80, Netherlands 53, France 36, Finland 35, Japan 35, Sweden 25
Ports
[time series]
Freeport, Matthew Town, Nassau
Railways
(Railroads)
[time series]
0 km