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Country name

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

Background

Arawak 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 have prospered through tourism and 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 its territory is used for smuggling illegal migrants into the US.

Location

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

Area

total: 13,940 sq km
water: 3,870 sq km
land: 10,070 sq km

Area - comparative

slightly smaller than Connecticut

Coastline

3,542 km

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 hazards

hurricanes and other tropical storms cause extensive flood and wind damage

Environment - current issues

coral reef decay; solid waste disposal

Geography - note

strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited

Population

297,477
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 and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2003 est.)

Age structure

0-14 years: 28.8% (male 42,799; female 42,730)
15-64 years: 65.4% (male 95,718; female 98,875)
65 years and over: 5.8% (male 7,092; female 10,263) (2003 est.)

Median age

total: 27 years
male: 26.2 years
female: 27.7 years (2002)

Sex ratio

at birth: 1.02 male(s)/female
under 15 years: 1 male(s)/female
15-64 years: 0.97 male(s)/female
65 years and over: 0.69 male(s)/female
total population: 0.96 male(s)/female (2003 est.)

Nationality

noun: Bahamian(s)
adjective: Bahamian

Ethnic groups

black 85%, white 12%, Asian and Hispanic 3%

Religions

Baptist 32%, Anglican 20%, Roman Catholic 19%, Methodist 6%, Church of God 6%, other Protestant 12%, none or unknown 3%, other 2%

Languages

English (official), Creole (among Haitian immigrants)

Internet country code

.bs

Literacy

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

Government type

constitutional parliamentary democracy

National holiday

Independence Day, 10 July (1973)

Legal system

based on English common law

International organization participation

ACP, C, Caricom, CDB, ECLAC, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITU, LAES, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WTrO (observer)

Economy - overview

The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking. Tourism alone accounts for more than 60% of GDP and directly or indirectly employs half of the archipelago"s labor force. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth in recent years, but the slowdown in the US economy and the attacks of 11 September 2001 held back growth in these sectors in 2002. Manufacturing and agriculture together contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector, which depends on growth in the US, the source of most of the visitors.

Exports - partners

US 39.1%, Germany 15.4%, Spain 10.8%, France 7.4%, Poland 4.6%, Switzerland 4.3% (2002)

Currency

Bahamian dollar (BSD)

Currency code

BSD

Exchange rates

Bahamian dollars per US dollar - 1 (2002), 1 (2001), 1 (2000), 1 (1999), 1 (1998)

Airports

64 (2002)

Airports - with paved runways

total: 30
over 3,047 m: 2
2,438 to 3,047 m: 3
914 to 1,523 m: 11
under 914 m: 2 (2002)
1,524 to 2,437 m: 12

Airports - with unpaved runways

total: 34
1,524 to 2,437 m: 3
914 to 1,523 m: 9
under 914 m: 22 (2002)

Disputes - international

have not been able to agree on a maritime boundary with the US
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