- composition by sector: agriculture: 3%
industry: 7%
services: 90% (1999 est.)
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 1.9% (2000 est.)
Labor force: 156,000 (1999)
Labor force - by occupation: tourism 40%, other services 50%, industry 5%, agriculture 5% (1995 est.)
Unemployment rate: 9% (1998 est.)
Budget: revenues: $766 million
expenditures: $845 million, including capital expenditures of $97 million (FY97/98)
Industries: tourism, banking, cement, oil refining and transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Industrial production growth rate: NA%
Electricity - production: 1.465 billion kWh (1999)
Electricity - production by source: fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1999)
Electricity - consumption: 1.362 billion kWh (1999)
Electricity - exports: 0 kWh (1999)
Electricity - imports: 0 kWh (1999)
Agriculture - products: citrus, vegetables; poultry
Exports: $376.8 million (2000 est.)
Exports - commodities: pharmaceuticals, cement, rum, crawfish, refined petroleum products
Exports - partners: US 22.3%, Switzerland 15.6%, UK 15%, Denmark 7.4% (1998)
Imports: $1.73 billion (2000 est.)
Imports - commodities: foodstuffs, manufactured goods, crude oil, vehicles, electronics
Imports - partners: US 27.3%, Italy 26.5%, Japan 10%, Denmark 4.2% (1998)
Debt - external: $385.8 million (2000 est.)
Economic aid - recipient: $9.8 million (1995)
Currency: Bahamian dollar (BSD)
Currency code: BSD
Exchange rates: Bahamian dollars per US dollar - 1.000 (fixed rate pegged to the dollar)
Fiscal year: 1 July - 30 June
Bahamas, The Communications
Telephones - main lines in use: 96,000 (1997)
Telephones - mobile cellular: 6,152 (1997)
Telephone system: general assessment: modern facilities
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) (1997)
Radio broadcast stations: AM 3, FM 4, shortwave 0 (1998)
Radios: 215,000 (1997)
Television broadcast stations: 1 (1997)
Televisions: 67,000 (1997)
Internet country code: .bs
Internet Service Providers (ISPs): 19 (2000)
Internet users: 15,000 (2000)
Bahamas, The Transportation
Railways: 0 km
Highways: total: 2,693 km
paved: 1,546 km
unpaved: 1,147 km (1997)
Waterways: none
Ports and harbors: Freeport, Matthew Town, Nassau
Merchant marine: total: 1,049 ships (1,000 GRT or over) totaling 30,000,221 GRT/44,601,471 DWT
ships by type: bulk 185, cargo 214, chemical tanker 36, combination bulk 15, combination ore/oil 22, container 66, liquefied gas 33, livestock carrier 1, multi-functional large-load carrier 4, passenger 79, passenger/cargo 1, petroleum tanker 182, railcar carrier 1, refrigerated cargo 118, roll on/roll off 50, short-sea passenger 15, specialized tanker 3, vehicle carrier 24
note: includes some foreign-owned ships registered here as a flag of convenience: Algeria 2, Australia 1, Austria 1, Bermuda 6, Belgium 14, Canada 1, Cuba 1, Cyprus 2, Denmark 17, Finland 7, France 9, Germany 9, Greece 89, Hong Kong 7, Indonesia 2, India 1, Israel 4, Italy 8, Japan 23, Jamaica 1, Kenya 1, Lebanon 2, Luxembourg 2, Monaco 15, Malaysia 1, Netherlands 16, Norway 139, Poland 3, Portugal 2, Russia 2, Saudi Arabia 5, Singapore 12, Spain 7, Sweden 14, Syria 1, Switzerland 7, UAE 1, Trinidad and Tobago 2, UK 67, Ukraine 3, US 50, British Virgin Islands 1, British Virgin Islands 1 (2000 est.)
Airports: 65 (2000 est.)
Airports - with paved runways: total: 36
over 3,047 m: 2
2,438 to 3,047 m: 2
1,524 to 2,437 m: 16
914 to 1,523 m: 13
under 914 m: 3 (2000 est.)
Airports - with unpaved runways: total: 29
914 to 1,523 m: 6
under 914 m: 23 (2000 est.)
Heliports: 1 (2000 est.)
Bahamas, The Military
Military branches: Royal Bahamas Defense Force (Coast Guard only),
Royal Bahamas Police Force
Military expenditures - dollar figure: $20 million (FY95/96)
Military expenditures - percent of GDP: NA%
Bahamas, The Transnational Issues
Disputes - international: none
Illicit drugs: transshipment point for cocaine and marijuana bound for US and Europe; banking industry vulnerable to money laundering
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