top of pageBackground: Lucayan Indians inhabited the Bahama islands when Christopher COLUMBUS first set foot in the New World in 1492. British settlement of the islands began in 1647; the islands became a colony in 1783. Piracy thrived in the 17th and 18th centuries because of The Bahamas' close proximity to shipping lanes. Since gaining independence from the UK in 1973, The Bahamas has prospered through tourism, international banking, and investment management, which comprise up to 85% of GDP. Because of its proximity to the US -- the nearest Bahamian landmass is only 80 km (50 mi) from Florida -- the country is a major transshipment point for illicit trafficking to the US mainland, as well as to Europe. US law enforcement agencies cooperate closely with The Bahamas; the Drug Enforcement Administration, US Coast Guard, and US Customs and Border Protection assist Bahamian authorities with maritime security and law enforcement through Operation Bahamas, Turks and Caicos, or OPBAT.
Climate: tropical marine; moderated by warm waters of Gulf Stream
Terrain: long, flat coral formations with some low rounded hills
Natural hazards: hurricanes and other tropical storms cause extensive flood and wind damage
GeographyNote: strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited
top of pageLanguages: English (official), Creole (among Haitian immigrants)
Religions: Protestant 69.9% (includes Baptist 34.9%, Anglican 13.7%, Pentecostal 8.9% Seventh Day Adventist 4.4%, Methodist 3.6%, Church of God 1.9%, Plymouth Brethren 1.6%, other Protestant 0.9%), Roman Catholic 12%, other Christian 13% (includes Jehovah's Witness 1.1%), other 0.6%, none 1.9%, unspecified 2.6% (2010 est.)
Birth rate: 13.1 births/1,000 population (2024 est.)
Death rate: 5.6 deaths/1,000 population (2024 est.)
Population distribution: most of the population lives in urban areas, with two thirds living on New Providence Island where Nassau is located
top of pageAdministrative divisions: 31 districts; Acklins Islands, Berry Islands, Bimini, Black Point, Cat Island, Central Abaco, Central Andros, Central Eleuthera, City of Freeport, Crooked Island and Long Cay, East Grand Bahama, Exuma, Grand Cay, Harbour Island, Hope Town, Inagua, Long Island, Mangrove Cay, Mayaguana, Moore's Island, North Abaco, North Andros, North Eleuthera, Ragged Island, Rum Cay, San Salvador, South Abaco, South Andros, South Eleuthera, Spanish Wells, West Grand Bahama
Executive branchChief of state: King CHARLES III (since 8 September 2022); represented by Governor-General Cynthia A. PRATT (since 1 September 2023)
Head of government: Prime Minister Philip Edward DAVIS (since 17 September 2021)
Cabinet: Cabinet appointed by governor-general on recommendation of prime minister
Election/appointment process: the monarchy is hereditary; governor-general appointed by the monarch on the advice of the prime minister; following legislative elections, the governor-general appoints the leader of the majority party or majority coalition as prime minister; the prime minister recommends the deputy prime minister
Flag description: three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the left side
top of pageReal gdp growth rate: 3.4% (2024 est.); 3% (2023 est.); 10.9% (2022 est.)
Note: annual GDP % growth based on constant local currency
Real gdp per capita: 3.4% (2024 est.); 3% (2023 est.); 10.9% (2022 est.)
Note: annual GDP % growth based on constant local currency
Industries: tourism, banking, oil bunkering, maritime industries, transshipment and logistics, salt, aragonite, pharmaceuticals
Labor force: 237,100 (2024 est.)
Note: number of people ages 15 or older who are employed or seeking work
Unemployment rate: 8.5% (2024 est.); 8.7% (2023 est.); 9.3% (2022 est.)
Note: % of labor force seeking employment
BudgetRevenues: $2.855 billion (2023 est.)
Expenditures: $3.389 billion (2023 est.)
Note: central government revenues and expenses (excluding grants/extrabudgetary units/social security funds) converted to US dollars at average official exchange rate for year indicated
Exports: $6.771 billion (2024 est.); $6.011 billion (2023 est.); $5.425 billion (2022 est.)
Note: balance of payments - exports of goods and services in current dollars
Commodities: refined petroleum, ships, aluminum, shellfish, plastics (2023)
Commodities note: top five export commodities based on value in dollars
Imports: $7.069 billion (2024 est.); $6.273 billion (2023 est.); $5.843 billion (2022 est.)
Note: balance of payments - imports of goods and services in current dollars
Commodities: refined petroleum, ships, aircraft, cars, crude petroleum (2023)
Commodities note: top five import commodities based on value in dollars
top of pagetop of pagetop of pageMilitary expenditures: 0.7% of GDP (2024 est.); 0.8% of GDP (2023 est.); 0.8% of GDP (2022 est.); 0.9% of GDP (2021 est.); 0.9% of GDP (2020 est.)
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