Key Facts
- GDP (ppp) per CAPITA
- $21,600 (2006 est.)
- Inflation Rate
- 1.2% (2004)
- Population
- 305,655
- Country Risk Ratings
- -
- Ease of Doing Business
- -/178
- Global Competitiveness
- -/131
|
| Embassies of
Bahamas |
|
Embassies in Bahamas |
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
Bahamas
Lucayan 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 Europe, and its territory is used for smuggling
illegal migrants into the US.
Capital City: Nassau (-5 GMT)
Chief of State: Queen ELIZABETH II
Head of Govt.: Prime Minister Hubert A. INGRAHAM
Currency: Bahamian dollar
Main Cities: Freeport, Grand Bahama
Major Languages: English
Calling Code: 1242
Voltage: 110/220V
Stock Exchanges: Bahamas International Securities
Exchange
Primary Religions: Baptist
Main Airports
Exuma International Airport , Grand Bahama International (FPO),
Nassau International (NAS)
U.S. Embassy
42 Queen Street, Nassau
tel. 242-322-1181
Statistics
- GDP: purchasing power parity:
- $6.098 billion (2005 est.)
- GDP - real growth rate:
- 3.5% (2005 est.)
- GDP - per capita: purchasing power parity:
- 20,200 (2005 est.)
- Inflation rate (consumer prices):
- 1.2% ( 2004)
- Labor force:
- 176,300 (2004)
- Exports:
- $469.3 million (2004 est.)
- Exports - partners:
- US 30.8%, Spain 29.5%, Poland 9.2%, Germany 5.5%,
Guatemala 4% (2005)
- Imports:
- $1.82 billion (2004 est.)
- Imports - partners:
- US 22.7%, South Korea 20.4%, Spain 7.9%, Brazil 7.2%,
Italy 6.5%, Germany 5.4% (2005)
- Population:
- 303,770
- Population growth rate:
- 0.64% (2006 est.)
- Population Below Poverty Line:
- 9.3% (2004)
- Major Industries:
- tourism, banking, cement, oil transshipment, salt, rum,
aragonite, pharmaceuticals, spiral-welded steel pipe
- Employing Workers: *
- Registering Property: *
- Enforcing Contracts: *
- Closing a Business: *
- *2006 World Bank rank out of 175 countries
- Starting a Business
The table below shows the number of steps and the amount
of time needed to start a business, on average
|
|
Product
Categories
|