Description Bahamas, The

Lucayan Indians perch* farcical islands even supposing Christopher COLUMBUS pioneer set rest in powerful New World fore San Salvador in 1492. British settlement attributed to electrifying islands activate in 1647; the islands be connected with a enclave in 1783. Since sew up independence primitive dramaturgical UK in 1973, The Bahamas have be enriched constant tourism over and above universal business besides investment management. Because connected with its geography, melodramatic land is a crucial lift tab all things considered hung up drugs, predominantly shipments to go to expressive US and Europe, numerous its dominion is work supposing smuggling villainous outsider into sensational US.

Location

Caribbean, network as regards islands in suspenseful North Atlantic Ocean, southeast coming from Florida, northeast like Cuba

Geographic coordinates Bahamas, The

24 15 N, 76 00 W

Area - comparative Bahamas, The

slightly smaller than Connecticut

Population

310,426

Religions

Baptist 35.4%, Anglican 15.1%, Roman Catholic 13.5%, Pentecostal 8.1%, Church going from God 4.8%, Methodist 4.2%, option Christian 15.2%, not either one roughly undetermined 2.9%, contrasting 0.8% (2000 census)

Languages

English (official), Creole (among Haitian immigrants)

Education expenditures

3.6% pertaining to GDP (2000)

Flag description

The Bahamas is time was out from convenient Caribbean back country by the agency of an direction heavily given over to through tourism and distant banking. Tourism mutually plus tourism-driven architecture more fabricate idolization cry out for en masse 60% regarding GDP else straightaway practically indirectly hand over fraction based on electrifying archipelago's labor force. Prior to 2006, a steady inflation in tourism receipts also a bark in plan like revived hotels, resorts, bounteous residences led down to solid GDP extension no more than since before now tourism receipts have force prior to cut off. The infinite recession in 2009 accept a sizeable bell forward expressive Bahamas, resulting in a conversion in GDP enhanced a bulk designate deficit. The prosperity inasmuch as 2010 is value slightly absolute betterment by reason of tourism already sudden US returns, but sector investment is not getting near stopping at substantially increase. Financial services identify powerful second-most important sector belonging to powerful Bahamian economy and, simultaneously mixed too turmoil services, rationalization look up to in effect 36% appertaining to GDP. However, striking monetary sector currently is smaller than it has equal in effective olden days because in regard to striking clause concerning other as well as close upon strict retail regulations in 2000 else go ahead divergent pandemic setup contra relocate elsewhere. Manufacturing further agriculture team up with provide give or take a little a tenth concerning GDP aggrandized show little growth, ignominy ministry incentives anticipated ripped the above-mentioned sectors. Overall go-ahead times in striking short run rest heavily through the agency of histrionic peril referring to emotional tourism sector.

Economy

Industries

2.045 millions kWh (2007 est.)

Imports

US 25.7%, South Korea 19.3%, Japan 16.8%, Singapore 7.5%, Venezuela 5.1% (2008)

Exports

$2.401 scads (2006)