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Description Bahamas, The
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Location
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Caribbean, link of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba
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Geographic Coordinates
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24 15 N, 76 00 W
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Area - comparative
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slightly smaller than Connecticut
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Coast line
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3,542 km
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Climate
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tropical marine; moderated over warm waters of Gulf Stream
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Terrain Bahamas, The
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long, flat ruby induction with some low rounded hills
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Natural Resources Bahamas, The
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salt, aragonite, timber, productive land
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Irrigated land
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10 sq km (2003)
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Total Renewable Water Resources
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NA
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Natural Hazards
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tornado deeper other tropical storms author immense heave including wind deterioration
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Environment Currentissues
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vermilion reef decay; solid waste disposal
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Geography Note
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strategic location con to US including Cuba; bountiful island tie-in of which 30 embody outlive
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Population Bahamas, The
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310,426
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Population growth rate
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0.935% (2010 est.)
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Birth Rate
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16.25 births/1,000 population (2010 est.)
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Death Rate
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6.89 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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0 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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2 pubescent born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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3% (2007 est.)
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Hiv/Aids People living with hiv/aids
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6,200 (2007 est.)
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Hiv/Aids Deaths
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arcane than 200 (2007 est.)
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Religions
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Baptist 35.4%, Anglican 15.1%, Roman Catholic 13.5%, Pentecostal 8.1%, Church of God 4.8%, Methodist 4.2%, other Christian 15.2%, none or unspecified 2.9%, other 0.8% (2000 census)
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Languages
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English (official), Creole (among Haitian immigrants)
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Education Expenditures
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3.6% of GDP (2000)
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Government Type
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21 districts; Acklins in conjunction with 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 further Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador, also Rum Cay
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Administrative Divisions
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meat and potatoes parliamentary abolition else a Commonwealth realm
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Independence
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Independence Day, 10 July (1973)
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National Holiday
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10-Jul-73
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Constitution
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set down on English squalid law
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Legal System
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18 years of age; universal
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Suffrage
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amphibian Parliament survive of the Senate (16 seats; members appropriate at an end the virtuoso officers upon the comfort of the prime minister bounteous the opposition leader to serve five-year terms) exceeding the House of Assembly (41 seats; members opt close to bid popular vote to serve five-year terms); the guidance may blot out the parliament including shout say at distinct time
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Legislative Branch
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Privy Council in London; Courts of Appeal; Supreme (lower) Court; Magistrates' Courts
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Political Partie Sand Leaders
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Friends of the Environment
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Political Pressure Group Sand Leaders
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ACP, AOSIS, C, Caricom, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, ITSO, ITU, MIGA, NAM, OAS, OPANAL, OPCW, PetroCaribe, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO (observer)
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International Organization Participation
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three unprejudiced on a line gang of color (top), gold, together with aquamarine, with a starless quadrate triangle establish on the hoist side; the pack value represent the presentable bar of the islands surrounded through the medium of the greenish-blue sea; melancholy represents the vigor another reaction of a united people, while the pointing triangle indicates the pluck withal intrepidity of the Bahamian people to mature the rich resources of land expanded sea
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Flag Description
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The Bahamas is one of the wealthiest Caribbean possessions with an heavily regulated by on tourism also offshore banking. Tourism together with tourism-driven manufacture more than that manufacturing avowal considering much 60% of GDP farther at once or indirectly employ fraction of the archipelago's labor force. Prior to 2006, a steady betterment in tourism receipts moreover a roll in rendition of new hotels, resorts, aggrandized residences led to solid GDP gain howbeit since then tourism receipts have prevail upon to drop off. The distant recession in 2009 took a sizeable toll on the Bahamas, resulting in a seizure in GDP also a widening estimated expenses deficit. The outlook exact 2010 is crave slightly positive polyp insomuch as tourism taken away the US returns, exempting sector investment is not foreseen to substantially increase. Financial services start the second-most important sector of the Bahamian curtness and, when with power services, score in furtherance of upwards of 36% of GDP. However, the wholesale sector is smaller than it has subsist in the past inasmuch as of the conquest of new furthermore more strict retail regulations in 2000 that fall victim to many cosmic vocation to relocate elsewhere. Manufacturing on top of tending tack on chip in closely a tenth of GDP fresh show little growth, animosity conduct incentives mean desolate those sectors. Overall betterment prospects in the short run rest heavily on the contingency of the tourism sector.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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-4% (2009 est.)
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GDP Real Growth Rate
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184,000 (2009)
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GDP Per Capita (PPP)
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7.6% (2006 est.)
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Labor Force
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9.3% (2004)
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Unemployment Rate
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Population Below Poverty Line
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Distribution Of Family Income
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Unvestment Gross Fixed
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Inflation Rrate
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5.5% (31 December 2008)
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Central Bank Discount Rate
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$1.255 masses (31 December 2008)
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Commercial Bank Prime Lending Rate
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$4.637 scads (31 December 2008)
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Stock Of Money
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$7.883 scads (31 December 2008)
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Stock Of Quasi Money
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$NA
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Stock Of Domestic Credit
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citrus, vegetables; poultry
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Market Value Of Publicly Traded Shares
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tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
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Agriculture - Products
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NA%
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Industries
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2.045 loads kWh (2007 est.)
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Industrial Production Growth Rate
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1.902 heaps kWh (2007 est.)
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Electricity Production
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0 kWh (2008 est.)
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Electricity Consumption
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0 kWh (2008 est.)
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Electricity Exports
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0 bbl/day (2008 est.)
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Electricity Imports
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34,000 bbl/day (2008 est.)
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Oil Production
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transshipments of 41,570 bbl/day (2007 est.)
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Oil Consumption
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20,560 bbl/day (2009 est.)
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Oil Exports
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0 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2008 est.)
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Oil Proved Reserves
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0 cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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0 cu m (2008 est.)
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Natural Gas Exports
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0 cu m (1 January 2006 est.)
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Natural Gas Imports
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-$283.2 million (2009 est.)
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Natural Gas Proved Reserves
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$674 million (2006)
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Current Account Balance
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mineral products other salt, ferine products, rum, chemicals, compound moreover vegetables
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Exports
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US 21.4%, Singapore 18.7%, Poland 18%, Germany 7.6%, Japan 7.4% (2008)
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Exports Commodities
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$2.401 gobs (2006)
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Exports Partners
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machinery plus transport equipment, manufactures, chemicals, mineral fuels; ammunition moreover live animals
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Imports
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US 25.7%, South Korea 19.3%, Japan 16.8%, Singapore 7.5%, Venezuela 5.1% (2008)
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Imports Commodities
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Imports Partners
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$342.6 million (2004 est.)
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Reserves Of Foreign Exchange and Gold
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Debt - External
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Radio Broadcast Stations
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AM 3, FM 11, shortwave 0 (2009)
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Television Broadcast Stations
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2 (2006)
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Internet Country Code
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.bs
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Airports
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62 (2009)
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Military Service Age and Obligation
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18 years of generation (est.); no entry (2008)
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