Bahamas FlagBahamas

Forward, Upward, Onward Together.

 

General


Population: 321,834 (2014), 319,031 (2013)
Land Area: 13,940 sq km
Natural Resources: Salt, aragonite, timber, arable land
Capital: Nassau
Political System: Constitutional Parliamentary Democracy
State Leader: Perry Christie (May 8th 2012)
Languages: English
Currency: Bahamian Dollar (BSD)
Major Religions: Baptist 35.4%, Anglican 15.1%, Roman Catholic 13.5%, Pentecostal 8.1%, Church of God 4.8%, Methodist 4.2%, Other Christian 15.2%, None 2.9%, Other 0.8%
Major Ethnicities: African 85%, Caucasian 12%, Asian and Hispanic 3%
Life Expectancy: 71.93 years (2014), 71.69 years (2013)

Economy


GDP Official Exchange Rate: 8.373 billion (2013), 8.249 billion (2012)
GDP Purchasing Power Parity: 11.4 billion (2013), 11.04 billion (2012)
GDP Per Capita (PPP): 32,000 (2013), 31,300 (2012)
GDP Growth Rate: 1.9% (2013), 2.5% (2012)
GDP Structure: Agriculture 2.1%, Industry 7.1%, Services 90.8% (2013)
Labour Force By Occupation: Agriculture 3%, Industry 11%, Tourism 49%, Other Services 37% (2011)
Industries: Tourism, banking, cement, oil transhipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Agriculture Products: Citrus, vegetables; poultry
Human Development Index: 0.789 (51st)(2014), 0.794 (49th)(2013)
Tourism Revenue: 687 million (2001)
Unemployment Rate: 16.2% (2013)

MilitaryThe Bahamas Map


Army Size: 610 (2004)
Budget: 0.5% of GDP (2006)

Current Situation

 

The Bahamas is located in the Atlantic Ocean, The Bahamas is bordered by the United States, Cuba, the Dominican Republic, Haiti, and the British Turks and Caicos Islands. The Bahamas' economy is based on tourism and banking, it also has the third highest GDP per capita in the western hemisphere.

Thoughts & Comments

 

Sources

CIA World Factbook: The Bahamas
Wikipedia: The Bahamas
http://hdrstats.undp.org/en/countries/profiles/BHS.html

Updated on: July 19th, 2014