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Bahamas, The :: Central America and Caribbean

Introduction

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, which comprise up to 85% of GDP. Because of its proximity to the US - the nearest Bahamian landmass being only 80 km (50 mi) from Florida - the country is a major transshipment point for illicit trafficking, particularly to the US mainland, as well as Europe. US law enforcement agencies cooperate closely with The Bahamas, and the US Coast Guard assists Bahamian authorities in coastal defense through Operation Bahamas, Turks and Caicos, or OPBAT.

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 km
land: 10,010 sq km
water: 3,870 sq km
country comparison to the world: 160

Area - comparative:

slightly smaller than Connecticut

Land boundaries:

0 km

Coastline:

3,542 km

Maritime claims:

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:

lowest point: Atlantic Ocean 0 m
highest point: Mount Alvernia on Cat Island 64 m

Natural resources:

salt, aragonite, timber, arable land

Land use:

agricultural land: 1.4% (2016 est.)
arable land: 0.8% (2016 est.) / permanent crops: 0.4% (2016 est.) / permanent pasture: 0.2% (2016 est.)
forest: 51.4% (2016 est.)
other: 47.2% (2016 est.)

Irrigated land:

10 sq km (2012)

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

Population:

337,721 (July 2020 est.)
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
country comparison to the world: 178

Nationality:

noun: Bahamian(s)
adjective: Bahamian

Ethnic groups:

Black 90.6%, White 4.7%, mixed 2.1%, other 1.9%, unspecified 0.7% (2010 est.)
note: data represent population by racial group

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%, other Protestant .9%), Roman Catholic 12%, other Christian 13% (includes Jehovah's Witness 1.1%), other 0.6%, none 1.9%, unspecified 2.6% (2010 est.)

Age structure:

0-14 years: 22.04% (male 37,758/female 36,668)
15-24 years: 15.39% (male 26,332/female 25,650)
25-54 years: 43.86% (male 74,485/female 73,647)
55-64 years: 10.04% (male 15,648/female 18,250)
65 years and over: 8.67% (male 11,326/female 17,957) (2020 est.)

Dependency ratios:

total dependency ratio: 41.5
youth dependency ratio: 30.6
elderly dependency ratio: 11
potential support ratio: 9.1 (2020 est.)

Median age:

total: 32.8 years
male: 31.7 years
female: 34 years (2020 est.)
country comparison to the world: 104

Population growth rate:

0.75% (2020 est.)
country comparison to the world: 132

Birth rate:

14.8 births/1,000 population (2020 est.)
country comparison to the world: 120

Death rate:

7.4 deaths/1,000 population (2020 est.)
country comparison to the world: 107

Net migration rate:

0 migrant(s)/1,000 population (2020 est.)
country comparison to the world: 76

Population distribution:

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

Urbanization:

urban population: 83.2% of total population (2020)
rate of urbanization: 1.13% annual rate of change (2015-20 est.)

Major urban areas - population:

280,000 NASSAU (capital) (2018)

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: 1.01 male(s)/female
55-64 years: 0.86 male(s)/female
65 years and over: 0.63 male(s)/female
total population: 0.96 male(s)/female (2020 est.)

Maternal mortality rate:

70 deaths/100,000 live births (2017 est.)
country comparison to the world: 83

Infant mortality rate:

total: 10.6 deaths/1,000 live births
male: 10.6 deaths/1,000 live births
female: 10.6 deaths/1,000 live births (2020 est.)
country comparison to the world: 127

Life expectancy at birth:

total population: 73.3 years
male: 70.8 years
female: 75.8 years (2020 est.)
country comparison to the world: 146

Total fertility rate:

1.92 children born/woman (2020 est.)
country comparison to the world: 125

Drinking water source:

improved: total: 98.9% of population
unimproved: total: 1.1% of population (2017 est.)

Current Health Expenditure:

5.8% (2017)

Physicians density:

2.01 physicians/1,000 population (2017)

Hospital bed density:

3 beds/1,000 population (2017)

Sanitation facility access:

improved: total: 98.2% of population
unimproved: total: 1.8% of population (2017 est.)

HIV/AIDS - adult prevalence rate:

1.8% (2018 est.)
country comparison to the world: 27

HIV/AIDS - people living with HIV/AIDS:

6,000 (2018 est.)
country comparison to the world: 118

HIV/AIDS - deaths:

<200 (2018)

Obesity - adult prevalence rate:

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

Education expenditures:

NA

Unemployment, youth ages 15-24:

total: 25.8%
male: 20.8%
female: 31.6% (2016 est.)
country comparison to the world: 47

Government

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 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
etymology: named after William III (1650-1702), king of England, Scotland, and Ireland, who was a member of the House of Nassau

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:

history: previous 1964 (preindependence); latest adopted 20 June 1973, effective 10 July 1973
amendments: proposed as an "Act" by Parliament; passage of amendments to articles such as the organization and composition of the branches of government requires approval by at least two-thirds majority of the membership of both houses of Parliament and majority approval in a referendum; passage of amendments to constitutional articles such as fundamental rights and individual freedoms, the powers, authorities, and procedures of the branches of government, or changes to the Bahamas Independence Act 1973 requires approval by at least three-fourths majority of the membership of both houses and majority approval in a referendum; amended many times, last in 2016

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

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 Cornelius A. SMITH (since 28 June 2019)
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 on the advice of the prime minister; 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
note: Prime Minister Hubert MINNIS is only the fourth prime minister in Bahamian history following its independence from the UK; he is also the first prime minister in 25 years besides Perry CHRISTIE and Hubert INGRAHAM, who repeatedly traded the premiership from 1992 to 2017

Legislative branch:

description: bicameral Parliament consists of: 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) ++ House of Assembly (39 seats; members directly elected in single-seat constituencies by simple majority vote to serve 5-year terms)
elections: Senate - last appointments on 24 May 2017 (next appointments in 2022) ++ House of Assembly - last held on 10 May 2017 (next to be held by May 2022)
election results: Senate - appointed; composition - men 9, women 7, percent of women 43.8% ++ House of Assembly - percent of vote by party - FNM 57%, PLP 36.9%, other 6.1%; seats by party - FNM 35, PLP 4; composition - men 34, women 5, percent of women 12.8%; note - total Parliament percent of women 21.8%
note: the government may dissolve the parliament and call elections at any time

Judicial branch:

highest courts: 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)
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
note: the Bahamas is a member of the 15-member Caribbean Community but is not party to the agreement establishing the Caribbean Court of Justice as its highest appellate court; the Judicial Committee of the Privy Council (in London) serves as the final court of appeal for The Bahamas

Political parties and leaders:

Democratic National Alliance or DNA [Christopher MORTIMER, interim leader] ++ Free National Movement or FNM [Hubert MINNIS] ++ Progressive Liberal Party or PLP [Philip "Brave" DAVIS]

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 Sidney Stanley COLLIE (since 29 November 2017)
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, Washington, DC
honorary consulate(s): Aurora (CO), Chicago, Houston, Los Angeles

Diplomatic representation from the US:

chief of mission: Ambassador (vacant); Charge d' Affaires Stephanie BOWERS (since 1 March 2018)
telephone: [1] (242) 322-1181, 328-2206 (after hours)
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
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

Economic overview:

The Bahamas has the second highest per capita GDP in the English-speaking Caribbean with an economy heavily dependent on tourism and financial services. Tourism accounts for approximately 50% 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. The new government led by Prime Minister Hubert MINNIS has prioritized addressing fiscal imbalances and rising debt, which stood at 75% of GDP in 2016. Large capital projects like the Baha Mar Casino and Hotel are driving growth. Public debt increased in 2017 in large part due to hurricane reconstruction and relief financing. The primary fiscal balance was a deficit of 0.4% of GDP in 2016. The Bahamas is the only country in the Western Hemisphere that is not a member of the World Trade Organization.

GDP real growth rate:

1.4% (2017 est.)
-1.7% (2016 est.)
1% (2015 est.)
country comparison to the world: 159

Inflation rate (consumer prices):

1.4% (2017 est.)
-0.3% (2016 est.)
country comparison to the world: 82

Credit ratings:

Moody's rating: Ba2 (2020)
Standard & Poors rating: BB- (2020)

GDP (purchasing power parity) - real:

$12.06 billion (2017 est.)
$11.89 billion (2016 est.)
$12.09 billion (2015 est.)
note: data are in 2017 dollars

GDP (official exchange rate):

$12.16 billion (2017 est.)

GDP - per capita (PPP):

$32,400 (2017 est.)
$32,300 (2016 est.)
$33,200 (2015 est.)
note: data are in 2017 dollars
country comparison to the world: 54

Gross national saving:

11.4% of GDP (2017 est.)
18.2% of GDP (2016 est.)
12.3% of GDP (2015 est.)
country comparison to the world: 155

GDP - composition, by sector of origin:

agriculture: 2.3% (2017 est.)
industry: 7.7% (2017 est.)
services: 90% (2017 est.)

GDP - composition, by end use:

household consumption: 68% (2017 est.)
government consumption: 13% (2017 est.)
investment in fixed capital: 26.3% (2017 est.)
investment in inventories: 0.7% (2017 est.)
exports of goods and services: 33.7% (2017 est.)
imports of goods and services: -41.8% (2017 est.)

Ease of Doing Business Index scores:

59.1 (2020)

Agriculture - products:

citrus, vegetables; poultry; seafood

Industries:

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

Industrial production growth rate:

5.8% (2017 est.)
country comparison to the world: 44

Labor force:

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

Labor force - by occupation:

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

Unemployment rate:

10.1% (2017 est.)
12.2% (2016 est.)
country comparison to the world: 148

Population below poverty line:

9.3% (2010 est.)

Household income or consumption by percentage share:

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

Budget:

revenues: 2.139 billion (2017 est.)
expenditures: 2.46 billion (2017 est.)

Taxes and other revenues:

17.6% (of GDP) (2017 est.)
country comparison to the world: 166

Budget surplus (+) or deficit (-):

-2.6% (of GDP) (2017 est.)
country comparison to the world: 115

Public debt:

54.6% of GDP (2017 est.)
50.5% of GDP (2016 est.)
country comparison to the world: 80

Fiscal year:

1 July - 30 June

Current account balance:

-$1.909 billion (2017 est.)
-$868 million (2016 est.)
country comparison to the world: 166

Exports:

$550 million (2017 est.)
$444.3 million (2016 est.)
country comparison to the world: 174

Exports - partners:

US 63.9%, Namibia 19.3% (2017)

Exports - commodities:

Rock lobster, aragonite, crude salt, polystyrene products

Imports:

$3.18 billion (2017 est.)
$2.594 billion (2016 est.)
country comparison to the world: 151

Imports - commodities:

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

Imports - partners:

US 83.2% (2017)

Reserves of foreign exchange and gold:

$1.522 billion (31 December 2017 est.)
$1.002 billion (31 December 2016 est.)
country comparison to the world: 125

Debt - external:

$17.56 billion (31 December 2013 est.)
$16.35 billion (31 December 2012 est.)
country comparison to the world: 98

Exchange rates:

Bahamian dollars (BSD) per US dollar -
1 (2017 est.)
1 (2016 est.)
1 (2015 est.)
1 (2014 est.)
1 (2013 est.)

Energy

Electricity access:

electrification - total population: 100% (2020)

Electricity - production:

1.778 billion kWh (2016 est.)
country comparison to the world: 140

Electricity - consumption:

1.654 billion kWh (2016 est.)
country comparison to the world: 145

Electricity - exports:

0 kWh (2016 est.)
country comparison to the world: 102

Electricity - imports:

0 kWh (2016 est.)
country comparison to the world: 123

Electricity - installed generating capacity:

577,000 kW (2016 est.)
country comparison to the world: 141

Electricity - from fossil fuels:

100% of total installed capacity (2016 est.)
country comparison to the world: 1

Electricity - from nuclear fuels:

0% of total installed capacity (2017 est.)
country comparison to the world: 43

Electricity - from hydroelectric plants:

0% of total installed capacity (2017 est.)
country comparison to the world: 155

Electricity - from other renewable sources:

0% of total installed capacity (2017 est.)
country comparison to the world: 174

Crude oil - production:

0 bbl/day (2018 est.)
country comparison to the world: 108

Crude oil - exports:

0 bbl/day (2015 est.)
country comparison to the world: 89

Crude oil - imports:

0 bbl/day (2015 est.)
country comparison to the world: 93

Crude oil - proved reserves:

0 bbl (1 January 2018 est.)
country comparison to the world: 105

Refined petroleum products - production:

0 bbl/day (2015 est.)
country comparison to the world: 116

Refined petroleum products - consumption:

20,040 bbl/day (2016 est.)
country comparison to the world: 140

Refined petroleum products - exports:

0 bbl/day (2015 est.)
country comparison to the world: 128

Refined petroleum products - imports:

19,150 bbl/day (2015 est.)
country comparison to the world: 123

Natural gas - production:

0 cu m (2017 est.)
country comparison to the world: 101

Natural gas - consumption:

48,020 cu m (2017 est.)
country comparison to the world: 115

Natural gas - exports:

0 cu m (2017 est.)
country comparison to the world: 63

Natural gas - imports:

48,020 cu m (2017 est.)
country comparison to the world: 79

Natural gas - proved reserves:

0 cu m (1 January 2009 est.)
country comparison to the world: 108

Carbon dioxide emissions from consumption of energy:

3.089 million Mt (2017 est.)
country comparison to the world: 147

Communications

Telephones - fixed lines:

total subscriptions: 78,439
subscriptions per 100 inhabitants: 23.4 (2019 est.)
country comparison to the world: 144

Telephones - mobile cellular:

total subscriptions: 366,217
subscriptions per 100 inhabitants: 109.25 (2019 est.)
country comparison to the world: 177

Telecommunication systems:

general assessment: the telecom sector across the Caribbean continues to be a growth area, contributing to the country's overall GDP; totally automatic system; highly developed; operators focus investment on mobile networks; the activation of (mobile number portability) MNP in April 2017, allowing mobile subscribers to port their numbers between competing MNO (mobile network operators) has contributed to the competition and liberalization of the market (2020)
domestic: 23 per 100 fixed-line, 109 per 100 mobile-cellular (2019)
international: country code - 1-242; landing points for the ARCOS-1, BICS, Bahamas 2-US, and BDSN fiber-optic submarine cables that provide links to South and Central America, parts of the Caribbean, and the US; satellite earth stations - 2; the Bahamas Domestic Submarine Network links all of the major islands; (2019)
note: the COVID-19 outbreak is negatively impacting telecommunications production and supply chains globally; consumer spending on telecom devices and services has also slowed due to the pandemic's effect on economies worldwide; overall progress towards improvements in all facets of the telecom industry - mobile, fixed-line, broadband, submarine cable and satellite - has moderated

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 4 privately owned TV stations; multi-channel cable TV subscription service is widely available; there are 32 licensed broadcast (radio) service providers, 31 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 (2019)

Internet country code:

.bs

Internet users:

total: 282,739
percent of population: 85% (July 2018 est.)
country comparison to the world: 167

Broadband - fixed subscriptions:

total: 87,067
subscriptions per 100 inhabitants: 26 (2018 est.)
country comparison to the world: 125

Transportation

National air transport system:

number of registered air carriers: 5 (2020)
inventory of registered aircraft operated by air carriers: 35
annual passenger traffic on registered air carriers: 1,197,116 (2018)
annual freight traffic on registered air carriers: 160,000 mt-km (2018)

Civil aircraft registration country code prefix:

C6 (2016)

Airports:

54 (2020)
country comparison to the world: 85

Airports - with paved runways:

total: 24 (2017)
over 3,047 m: 2 (2017)
2,438 to 3,047 m: 2 (2017)
1,524 to 2,437 m: 13 (2017)
914 to 1,523 m: 7 (2017)

Airports - with unpaved runways:

total: 37 (2013)
1,524 to 2,437 m: 4 (2013)
914 to 1,523 m: 16 (2013)
under 914 m: 17 (2013)

Heliports:

1 (2013)

Roadways:

total: 2,700 km (2011)
paved: 1,620 km (2011)
unpaved: 1,080 km (2011)
country comparison to the world: 166

Merchant marine:

total: 1,401
by type: bulk carrier 333, container ship 49, general cargo 78, oil tanker 268, other 673 (2019)
country comparison to the world: 20

Ports and terminals:

major seaport(s): Freeport, Nassau, South Riding Point
cruise port(s): Nassau
container port(s) (TEUs): Freeport (1,116,272)(2011)

Military and Security

Military and security forces:

Royal Bahamas Defense Force: Patrol Squadron, Commando Squadron, and Air Wing (2020)

Military and security service personnel strengths:

the Royal Bahamas Defense Force (RBDF) has approximately 1,300 total personnel (2019 est.)

Military equipment inventories and acquisitions:

most of the RBDF's major equipment inventory is supplied by the Netherlands (2019 est.)

Military service age and obligation:

18 years of age for voluntary male and female service; no conscription (2012)

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