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Background:
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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. |
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Location:
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Caribbean, chain of
islands in the North Atlantic Ocean, southeast of Florida,
northeast of Cuba |
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Map references:
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Central
America and the Caribbean |
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Area:
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total:
13,940 sq km
water: 3,870 sq km
land: 10,070 sq km |
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Area - comparative:
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slightly smaller
than Connecticut |
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Land boundaries:
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0 km |
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Coastline:
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3,542 km |
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Climate:
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tropical marine;
moderated by warm waters of Gulf Stream |
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Terrain:
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long, flat coral
formations with some low rounded hills |
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Elevation extremes:
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lowest point:
Atlantic Ocean 0 m
highest point: Mount Alvernia, on Cat Island 63 m |
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Natural resources:
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salt, aragonite,
timber, arable land |
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Land use:
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arable land:
0.6%
permanent crops: 0.4%
other: 99% (1998 est.) |
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Irrigated land:
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NA sq km |
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Natural hazards:
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hurricanes and
other tropical storms cause extensive flood and wind damage |
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Environment - current issues:
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coral reef decay;
solid waste disposal |
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Environment - international agreements:
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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 |
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Geography - note:
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strategic location
adjacent to US and Cuba; extensive island chain of which 30 are
inhabited |
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Population:
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299,697
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 2004 est.) |
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Age structure:
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0-14 years:
28.3% (male 42,474; female 42,423)
15-64 years: 65.7% (male 96,825; female 99,985)
65 years and over: 6% (male 7,351; female 10,639) (2004
est.) |
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Median age:
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total: 27.3
years
male: 26.5 years
female: 28 years (2004 est.) |
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Population growth rate:
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0.72% (2004 est.) |
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Birth rate:
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18.22 births/1,000
population (2004 est.) |
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Death rate:
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8.82 deaths/1,000
population (2004 est.) |
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Net migration rate:
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-2.2 migrant(s)/1,000
population (2004 est.) |
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Sex ratio:
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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 (2004 est.) |
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Infant mortality rate:
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total: 25.7
deaths/1,000 live births
female: 19.55 deaths/1,000 live births (2004 est.)
male: 31.73 deaths/1,000 live births |
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Life expectancy at birth:
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total
population: 65.63 years
male: 62.21 years
female: 69.11 years (2004 est.) |
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HIV/AIDS - adult prevalence rate:
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3.5% (2001 est.) |
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HIV/AIDS - people living with HIV/AIDS:
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6,200 (2001 est.) |
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HIV/AIDS - deaths:
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610 (2001 est.) |
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Nationality:
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noun:
Bahamian(s)
adjective: Bahamian |
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Ethnic groups:
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black 85%, white
12%, Asian and Hispanic 3% |
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Religions:
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Baptist 32%,
Anglican 20%, Roman Catholic 19%, Methodist 6%, Church of God
6%, other Protestant 12%, none or unknown 3%, other 2% |
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Languages:
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English (official),
Creole (among Haitian immigrants) |
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Literacy:
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definition:
age 15 and over can read and write
total population: 95.6%
male: 94.7%
female: 96.5% (2003 est.) |
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Country name:
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conventional
long form: Commonwealth of The Bahamas
conventional short form: The Bahamas |
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Government type:
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constitutional
parliamentary democracy |
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Capital:
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Nassau |
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Administrative divisions:
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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, Nichollstown and Berry
Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador
and Rum Cay |
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Independence:
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10 July 1973 (from
UK) |
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National holiday:
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Independence Day,
10 July (1973) |
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Constitution:
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10 July 1973 |
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Legal system:
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based on English
common law |
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Executive branch:
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chief of state:
Queen ELIZABETH II (since 6 February 1952), represented by
Governor General Dame Ivy DUMONT (since NA May 2002)
head of government: Prime Minister Perry CHRISTIE (since
3 May 2002) and Deputy Prime Minister Cynthia PRATT (since 7 May
2002)
cabinet: Cabinet appointed by the governor general on the
prime minister's recommendation
elections: none; the monarch 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 |
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Legislative branch:
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bicameral
Parliament consists of the Senate (16-member body appointed by
the governor general upon the advice of the prime minister and
the opposition leader for five-year terms) and the House of
Assembly (40 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 1 May 2002 (next to be held by May
2007)
election results: percent of vote by party - PLP 50.8%,
FNM 41.1%, independents 5.2%; seats by party - PLP 29, FNM 7,
independents 4 |
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Judicial branch:
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Supreme Court;
Court of Appeal; magistrates courts |
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Political parties and leaders:
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Free National
Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or
PLP [Perry CHRISTIE] |
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Political pressure groups and leaders:
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NA |
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Diplomatic representation in the US:
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chief of
mission: Ambassador Joshua SEARS
consulate(s) general: Miami and New York
FAX: [1] (202) 319-2668
telephone: [1] (202) 319-2660
chancery: 2220 Massachusetts Avenue NW, Washington, DC
20008 |
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Diplomatic representation from the US:
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chief of
mission: Ambassador (vacant); Charge d'Affaires Robert M.
WITAJEWSKI
embassy: 42 Queen Street, Nassau
mailing address: local or express mail address: P. O. Box
N-8197, Nassau; Department of State, 3370 Nassau Place,
Washington, DC 20521-3370
telephone: [1] (242) 322-1181, 328-2206 (after hours)
FAX: [1] (242) 356-0222 |
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Economy - overview:
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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 2001-03. Financial services
constitute the second-most important sector of the Bahamian
economy, accounting for about 15% of GDP. However, since
December 2000, when the government enacted new regulations on
the financial sector, many international businesses have left
The Bahamas. 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
more than 80% of the visitors. In addition to tourism and
banking, the government supports the development of a
"third pillar," e-commerce. |
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GDP:
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purchasing power
parity - $5.099 billion (2003 est.) |
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GDP - real growth rate:
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1% (2003 est.) |
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GDP - per capita:
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purchasing power
parity - $16,800 (2003 est.) |
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GDP - composition by sector:
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agriculture:
3%
industry: 7%
services: 90% (2001 est.) |
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Population below poverty line:
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NA% (2000 est.) |
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Inflation rate (consumer prices):
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1.7% (2002 est.) |
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Labor force:
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156,000 (1999) |
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Labor force - by occupation:
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tourism 50%, other
services 40%, industry 5%, agriculture 5% (1999 est.) |
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Unemployment rate:
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6.9% (2001 est.) |
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Industries:
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tourism, banking,
e-commerce, cement, oil refining and transshipment, salt, rum,
aragonite, pharmaceuticals, spiral-welded steel pipe |
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Industrial production growth rate:
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NA% (2002 est.) |
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Electricity - production:
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1.56 billion kWh
(2001) |
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Electricity - production by source:
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fossil fuel:
100%
hydro: 0%
other: 0% (2001)
nuclear: 0% |
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Electricity - consumption:
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1.451 billion kWh
(2001) |
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Oil - production:
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0 bbl/day (2001
est.) |
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Oil - consumption:
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23,000 bbl/day
(2001 est.) |
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Agriculture - products:
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citrus, vegetables;
poultry |
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Exports:
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$617 million (2002
est.) |
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Exports - commodities:
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fish and crawfish;
rum, salt, chemicals; fruit and vegetables |
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Exports - partners:
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US 37.8%, Germany
11.8%, Spain 10.4%, Peru 8.6%, France 7.1%, Mexico 4.2% (2002) |
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Imports:
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$1.614 billion
(2002 est.) |
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Imports - commodities:
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machinery and
transport equipment, manufactures, chemicals, mineral fuels;
food and live animals |
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Imports - partners:
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US 18.4%, South
Korea 18.3%, Germany 10.5%, Norway 9.2%, Japan 9.1%, Italy 6.6%,
Venezuela 4.1% (2002) |
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Currency:
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Bahamian dollar (BSD) |
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Currency code:
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BSD |
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Exchange rates:
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Bahamian dollars
per US dollar - 1 (2003), 1 (2002), 1 (2001), 1 (2000), 1 (1999) |
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Telephones - main lines in use:
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126,600 (2002) |
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Telephones - mobile cellular:
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121,800 (2002) |
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Telephone system:
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general
assessment: modern facilities
domestic: totally automatic system; highly developed
international: country code - 1-242; tropospheric scatter
and submarine cable to Florida; 3 coaxial submarine cables;
satellite earth station - 1 Intelsat (Atlantic Ocean) (1997) |
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Radio broadcast stations:
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AM 3, FM 4,
shortwave 0 (1998) |
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Television broadcast stations:
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1 (1997) |
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Internet country code:
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.bs |
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Internet hosts:
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32 (2002) |
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Internet users:
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60,000 (2002) |
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Highways:
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total: 2,693
km
paved: 1,546 km
unpaved: 1,147 km (1999 est.) |
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Waterways:
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none |
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Ports and harbors:
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Freeport, Matthew
Town, Nassau |
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Merchant marine:
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total: 1,035
ships (1,000 GRT or over) 31,631,252 GRT/43,025,977 DWT
by type: bulk 165, cargo 188, chemical tanker 45,
combination bulk 10, combination ore/oil 17, container 97,
liquefied gas 27, livestock carrier 2, multi-functional large
load carrier 4, passenger 108, passenger/cargo 1, petroleum
tanker 163, refrigerated cargo 133, roll on/roll off 34,
short-sea/passenger 18, specialized tanker 3, vehicle carrier 20
registered in other countries: 11 (2003 est.)
foreign-owned: Algeria 1, Australia 7, Belgium 14,
Bermuda 1, Canada 4, Chile 1, China 4, Croatia 1, Cuba 3, Cyprus
14, Denmark 49, Estonia 1, Faroe Islands 1, Finland 9, France
21, Germany 13, Gibraltar 1, Greece 163, Hong Kong 9, India 1,
Indonesia 3, Ireland 1, Israel 3, Italy 7, Japan 35, Kenya 2,
South Korea 1, Latvia 1, Liberia 1, Malaysia 11, Malta 1, Monaco
68, Netherlands 29, New Zealand 1, Norway 231, Panama 2,
Philippines 3, Poland 14, Reunion 1, Russia 1, Saudi Arabia 9,
Singapore 13, Slovenia 1, Spain 6, Sweden 9, Switzerland 1,
Thailand 1, Trinidad and Tobago 2 |
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Airports:
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63 (2003 est.) |
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Airports - with paved runways:
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total: 30
over 3,047 m: 2
2,438 to 3,047 m: 3
914 to 1,523 m: 10
under 914 m: 2 (2003 est.)
1,524 to 2,437 m: 13 |
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Airports - with unpaved runways:
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total: 33
1,524 to 2,437 m: 3
914 to 1,523 m: 9
under 914 m: 21 (2003 est.) |
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Heliports:
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1 (2003 est.) |
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Military branches:
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Royal Bahamas
Defense Force (including Coast Guard) |
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Military expenditures - dollar figure:
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NA |
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Military expenditures - percent of GDP:
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NA |
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Disputes - international:
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have not been able
to agree on a maritime boundary with the US; is concerned about
refugees fleeing Haiti's deteriorated economic and political
conditions |
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Illicit drugs:
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transshipment point
for cocaine and marijuana bound for US and Europe; offshore
financial center |
This page was last updated on 11 May, 2004
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