general appointed by the queen; prime minister and deputy prime minister appointed by the governor general
Legislative branch: 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 a five-year term) and the House of Assembly (40 seats; members elected by direct popular vote to serve five-year terms) elections: last held 14 March 1997 (next to be held by March 2002) election results: percent of vote by party - NA; seats by party - FNM 34, PLP 6
Judicial branch: Supreme Court
Political parties and leaders: Progressive Liberal Party or PLP [Perry
CHRISTIE]; Free National Movement or FNM [Hubert Alexander INGRAHAM]
International organization participation: 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, WTrO (applicant)
Diplomatic representation in the US: chief of mission: Ambassador Arlington Griffith BUTLER chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008 telephone : [1] (202) 319–2660 FAX: [1] (202) 319–2668 consulate(s) general : Miami and New York
Diplomatic representation from the US: chief of mission: Ambassador Sidney WILLIAMS embassy: Queen Street, Nassau mailing address: P. O. Box N-8197, Nassau; American Embassy, Nassau, P.O. Box 9009, Miami, FL 33159; Nassau, Department of State, Washington, DC 20521–3370 (pouch) telephone: [1] (242) 322–1181, 328–2206 FAX: [1] (242) 328–7838
Flag description: three equal horizontal bands of aquamarine (top), gold, and aquamarine with a black equilateral triangle based on the hoist side
Economy
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 50% of GDP and directly or indirectly employs 40% of the archipelago's labor force. A slowdown in the expansion of the tourism sector - especially stopover travel from Europe - led to a reduction in the country's GDP growth rate in 1995, down to an estimated 2% from 3.5% in 1994. The construction sector benefited from hotel rehabilitation and the government's ongoing housing development program. Earnings from exports of vegetable and citrus production have been decreasing since 1993 but were expected to increase in 1996 due to storm damage to crops in Florida. Overall growth prospects in the short run will depend heavily on the fortunes of the tourism sector and continued income growth in the US, which accounts for the majority of tourist visits.
GDP: purchasing power parity - $4.8 billion (1995 est.)
GDP - real growth rate: 2% (1995 est.)
GDP - per capita: purchasing power parity - $18,700 (1995 est.)
GDP - composition by sector: agriculture : 3% industry: 6% services: 91% (1994)
Inflation rate - consumer price index: 2.1% (1995)
Labor force: total: 136,900 (1993) by occupation : government 30%, tourism 40%, business services 10%, agriculture 5% (1995 est.)
Unemployment rate: 15% (1995 est.)
Budget: revenues: $665 million expenditures: $725 million, including capital expenditures of $94 million (FY95/96 est.)
Industries: tourism, banking, cement, oil refining and transshipment, salt production, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Industrial production growth rate: NA%
Electricity - capacity: 267,000 kW (1993)
Electricity - production: 874 million kWh (1993)
Electricity - consumption per capita: 2,717 kWh (1993)
Agriculture - products: citrus, vegetables; poultry
Exports: total value: $267.5 million (f.o.b., 1995) commodities: pharmaceuticals, cement, rum, crawfish, refined petroleum products partners: US 24%, Spain 14%, UK 7%, Norway 7%, France 6%, Italy 5% (1995 est.)
Imports: total value : $1.17 billion (f.o.b., 1995) commodities: foodstuffs, manufactured goods, crude oil, vehicles, electronics partners : US 29%, Finland 10%, Iran 10%, Denmark 8%
Debt - external: $393 million (1995)
Economic aid: $NA
Currency: 1 Bahamian dollar (B$) = 100 cents
Exchange rates: Bahamian dollar (B$) per US$1 - 1.00 (February 1997; fixed rate)
Fiscal year: 1 July - 30 June
@The Bahamas:Communications
Telephones: 119,000 (1987 est.)
Telephone system: domestic : totally automatic system; highly developed international: tropospheric scatter and submarine cable to Florida; 3 coaxial submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean)
Radio broadcast stations: AM 3, FM 2, shortwave 0
Radios: 200,000 (1993 est.)
Television broadcast stations: 1 (1986 est.)
Televisions: 60,000 (1993 est.)
@The Bahamas:Transportation
Railways: 0 km
Highways: total: 2,450 km paved: 1,406 km unpaved: 1,044 km (1995 est.)
Ports and harbors: Freeport, Matthew Town, Nassau
Merchant marine: total: 988 ships (1,000 GRT or over) totaling 23,690,478 GRT/37,428,826 DWT ships by type: bulk 176, cargo 205, chemical tanker 41, combination bulk 7, combination ore/oil 23, container 56, liquefied gas tanker 21, oil tanker 184, passenger 47, refrigerated cargo 150, roll-on/roll-off cargo 53, short-sea passenger 11, vehicle carrier 14 note: a flag of convenience registry; includes ships from 46 countries among which are Norway 157, Greece 146, UK 128, US 69, Denmark 51, Sweden 34, Finland 32, Belgium 29, Japan 27, and Monaco 27; Bahamas owns 10 additional ships (1,000 GRT or over) totaling 256,379 DWT that operate under Panamanian and Cypriot registry (1996 est.)
Airports: 54 (1996 est.)
Airports - with paved runways: total : 47 over 3,047 m: 2 2,438 to 3,047 m: 1 1,524 to 2,437 m: 15 914 to 1,523 m: 12 under 914 m: 17 (1996 est.)
Airports - with unpaved runways: total: 7 914 to 1,523 m: 7 (1996 est.)
Military
Military branches: Royal Bahamas Defense Force (Coast Guard only),
Royal Bahamas Police Force
Military manpower - availability: males age 15–49: NA
Military manpower - fit for military service: males : NA
Military
