The Bahamas (continued)
Religion: Baptist 29%, Anglican 23%, Roman Catholic 22%, smaller groups of other Protestants, Greek Orthodox, and Jews
Language: English; some Creole among Haitian immigrants
Literacy: 95% (1986)
Labor force: 132,600; 30% government, 25% hotels and restaurants, 10% business services, 5% agriculture (1986)
Organized labor: 25% of labor force
Government
Long-form name: The Commonwealth of
The Bahamas
Type: commonwealth
Capital: Nassau
Administrative divisions: 21 districts; Abaco, Acklins Island, Andros Island, Berry Islands, Biminis, Cat Island, Cay Lobos, Crooked Island, Eleuthera, Exuma, Grand Bahama, Harbour Island, Inagua, Long Cay, Long Island, Mayaguana, New Providence, Ragged Island, Rum Cay, San Salvador, Spanish Wells
Independence: 10 July 1973 (from UK)
Constitution: 10 July 1973
Legal system: based on English common law
National holiday: Independence Day, 10 July (1973)
Executive branch: British monarch, governor general, prime minister, deputy prime minister, Cabinet
Legislative branch: bicameral Parliament consists of an upper house or Senate and a lower house or House of Assembly
Judicial branch: Supreme Court
Leaders: Chief of State—Queen ELIZABETH II (since 6 February 1952), represented by Acting Governor General Sir Henry TAYLOR (since 26 June 1988);
Head of Government—Prime Minister Sir Lynden Oscar PINDLING (since 16 January 1967)
Political parties and leaders: Progressive Liberal Party (PLP), Sir Lynden O. Pindling; Free National Movement (FNM), Cecil Wallace-Whitfield
Suffrage: universal at age 18
Elections: House of Assembly—last held 19 June 1987 (next to be held by June 1992); results—percent of vote by party NA; seats—(49 total) PLP 31, FNM 16, independents 2
Communists: none known
Other political or pressure groups: Vanguard Nationalist and Socialist Party (VNSP), a small leftist party headed by Lionel Carey; Trade Union Congress (TUC), headed by Arlington Miller
Member of: ACP, CARICOM, CCC, CDB, Commonwealth, FAO, G-77, GATT (de facto), IBRD, ICAO, IDB—Inter-American Development Bank, ILO, IMF, IMO, INTELSAT, INTERPOL, ITU, NAM, OAS, PAHO, UN, UNESCO, UPU, WHO, WIPO, WMO, WTO
Diplomatic representation: Ambassador Margaret E. MCDONALD; Chancery at Suite 865, 600 New Hampshire Avenue NW, Washington DC 20037; telephone (202) 944-3390; there are Bahamian Consulates General in Miami and New York; US—Ambassador Chic HECHT; Embassy at Mosmar Building, Queen Street, Nassau (mailing address is P. O. Box N-8197, Nassau); telephone (809) 322-1181 or 328-2206
Flag: three equal horizontal bands of aquamarine (top), gold, and aquamarine with a black equilateral triangle based on the hoist side
Economy
Overview: The Bahamas is a stable,
middle-income developing nation whose
economy is based primarily on tourism
and offshore banking. Tourism alone
provides about 50% of GDP and directly or
indirectly employs about 50,000 people or
40% of the local work force. The economy
has boomed in recent years, aided by a
steady annual increase in the number of
tourists. The per capita GDP of over
$9,800 is one of the highest in the region.
GDP: $2.4 billion, per capita $9,875; real
growth rate 2.0% (1988 est.)
Inflation rate (consumer prices): 4.1% (1988)
Unemployment: 12% (1986)
Budget: revenues $555 million; expenditures $702 million, including capital expenditures of $138 million (1989 est.)
Exports: $733 million (f.o.b., 1987); commodities—pharmaceuticals, cement, rum, crawfish; partners—US 90%, UK 10%
Imports: $1.7 billion (c.i.f., 1987); commodities—foodstuffs, manufactured goods, mineral fuels; partners—Iran 30%, Nigeria 20%, US 10%, EC 10%, Gabon 10%
External debt: $1.5 billion (September 1988)
Industrial production: growth rate NA%
Electricity: 368,000 kW capacity; 857 million kWh produced, 3,470 kWh per capita (1989)
Industries: banking, tourism, cement, oil refining and transshipment, salt production, rum, aragonite, pharmaceuticals, spiral weld, steel pipe
Agriculture: accounts for less than 5% of GDP; dominated by small-scale producers; principal products—citrus fruit, vegetables, poultry; large net importer of food
Aid: US commitments, including Ex-Im (FY70-80), $42 million; Western (non-US) countries, ODA and OOF bilateral commitments (1970-87), $344 million
Currency: Bahamian dollar (plural—dollars); 1 Bahamian dollar (B$) = 100 cents
Exchange rates: Bahamian dollar (B$) per US$1—1.00 (fixed rate)
Fiscal year: calendar year
Communications
Highways: 2,400 km total; 1,350 km
paved, 1,050 km gravel
Ports: Freeport, Nassau
Merchant marine: 533 ships (1,000 GRT or over) totaling 11,684,123 GRT/19,574,532 DWT; includes 26 passenger, 15 short-sea passenger, 121 cargo, 40 roll-on/roll-off cargo, 42 refrigerated cargo, 16 container, 6 car carrier, 123 petroleum, oils, and lubricants (POL) tanker, 6 liquefied gas, 19 combination ore/oil, 29 chemical tanker, 1 specialized tanker, 86 bulk, 3 combination bulk; note—a flag of convenience registry
Civil air: 9 major transport aircraft
Airports: 59 total, 57 usable; 31 with permanent-surface runways; none with runways over 3,659 m; 3 with runways 2,440-3,659 m; 25 with runways 1,220-2,439 m
Telecommunications: highly developed; 99,000 telephones in totally automatic system; tropospheric scatter and submarine cable links to Florida; stations—3 AM, 2 FM, 1 TV; 3 coaxial submarine cables; 1 Atlantic Ocean INTELSAT earth station
Defense Forces
Branches: Royal Bahamas Defense Force
(a coast guard element only), Royal Bahamas
Police Force
Military manpower: NA
Defense expenditures: NA
