Chapter 13

ADB, BSEC, CE, CICA, CIS, EAPC, EBRD, ECO, FAO, GCTU, GUAM, IAEA,IBRD, ICAO, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO,Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, NAM (observer),OAS (observer), OIC, OPCW, OSCE, PFP, SECI (observer), UN, UNCTAD,UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO (observer)

Diplomatic representation in the US:

chief of mission: Ambassador Yashar ALIYEV

chancery: 2741 34th Street NW, Washington, DC 20008

telephone: [1] (202) 337-3500

Consulate(s) general: Los Angeles

Diplomatic representation from the US:

chief of mission: Ambassador Matthew BRYZA

embassy: 83 Azadlig Prospecti, Baku AZ1007

mailing address: American Embassy Baku, US Department of State, 7050 Baku Place, Washington, DC 20521-7050

telephone: [994] (12) 4980-335 through 337

Flag description:

three equal horizontal bands of blue (top), red, and green; a crescent and eight-pointed star in white are centered in the red band; the blue band recalls Azerbaijan's Turkic heritage, red stands for modernization and progress, and green refers to Islam; the crescent moon is an Islamic symbol, while the eight-pointed star represents the eight Turkic peoples of the world

National anthem:

name: "Azerbaijan Marsi" (March of Azerbaijan)

lyrics/music: Ahmed JAVAD/Uzeyir HAJIBEYOV

note: adopted 1992; although originally written in 1919 during a brief period of independence, "Azerbaijan Marsi" did not become the official anthem until after the dissolution of the Soviet Union

Economy ::Azerbaijan

Economy - overview:

Azerbaijan's high economic growth during 2006-08 was attributable to large and growing oil exports, but some non-export sectors also featured double-digit growth, spurred by growth in the construction, banking, and real estate sectors. In 2009, economic growth remained above 9% even as oil prices moderated and growth in the construction sector cooled. In 2010, economic growth slowed to approximately 3.7%, although the impact of the global financial crisis was less severe than in many other countries in the region. The current global economic slowdown presents some challenges for the Azerbaijani economy as oil prices remain below their mid-2008 highs, highlighting Azerbaijan's reliance on energy exports and lackluster attempts to diversify its economy. Azerbaijan's oil production increased dramatically in 1997, when Azerbaijan signed the first production-sharing arrangement (PSA) with the Azerbaijan International Operating Company. Oil exports through the Baku-Tbilisi-Ceyhan Pipeline remain the main economic driver while efforts to boost Azerbaijan's gas production are underway. However, Azerbaijan has made only limited progress on instituting market-based economic reforms. Pervasive public and private sector corruption and structural economic inefficiencies remain a drag on long-term growth, particularly in non-energy sectors. Several other obstacles impede Azerbaijan's economic progress: the need for stepped up foreign investment in the non-energy sector and the continuing conflict with Armenia over the Nagorno-Karabakh region. Trade with Russia and the other former Soviet republics is declining in importance, while trade is building with Turkey and the nations of Europe. Long-term prospects will depend on world oil prices, the location of new oil and gas pipelines in the region, and Azerbaijan's ability to manage its energy wealth to promote sustainable growth in non-energy sectors of the economy and spur employment.

GDP (purchasing power parity):

$90.15 billion (2010 est.) country comparison to the world: 73 $86.93 billion (2009 est.)

$79.54 billion (2008 est.)

note: data are in 2010 US dollars

GDP (official exchange rate):

$52.17 billion (2010 est.)

GDP - real growth rate:

3.7% (2010 est.) country comparison to the world: 90 9.3% (2009 est.)

10.8% (2008 est.)

GDP - per capita (PPP):

$11,000 (2010 est.) country comparison to the world: 102 $10,600 (2009 est.)

$9,700 (2008 est.)

note: data are in 2010 US dollars

GDP - composition by sector:

agriculture: 5.5%

industry: 61.4%

services: 33.1% (2010 est.)

Labor force:

5.874 million (2010 est.) country comparison to the world: 65

Labor force - by occupation:

agriculture: 38.3%

industry: 12.1%

services: 49.6% (2008)

Unemployment rate:

0.9% (2010 est.) country comparison to the world: 3 6% (2009 est.)

Population below poverty line:

11% (2009 est.)

Household income or consumption by percentage share:

lowest 10%: 6.1%

highest 10%: 17.5% (2005)

Distribution of family income - Gini index:

36.5 (2001) country comparison to the world: 81 36 (1995)

Investment (gross fixed):

17.3% of GDP (2010 est.) country comparison to the world: 116

Public debt:

4.6% of GDP (2010 est.) country comparison to the world: 128 6.7% of GDP (2009 est.)

Inflation rate (consumer prices):

5.1% (2010 est.) country comparison to the world: 146 1.5% (2009 est.)

Central bank discount rate:

2% (31 December 2009) country comparison to the world: 53 8% (31 December 2008)

note: this is the Refinancing Rate, the key policy rate for the National Bank of Azerbaijan

Commercial bank prime lending rate:

20.03% (31 December 2009 est.) country comparison to the world: 20 19.76% (31 December 2008 est.)

Stock of narrow money:

$7.34 billion (31 December 2010 est) country comparison to the world: 77 $6.519 billion (31 December 2009 est)

Stock of broad money:

$11.64 billion (31 December 2010 est.) country comparison to the world: 96 $10.54 billion (31 December 2009 est.)

Stock of domestic credit:

$8.135 billion (31 December 2008 est.) country comparison to the world: 100 $5.726 billion (31 December 2007 est.)

Market value of publicly traded shares:

Agriculture - products:

cotton, grain, rice, grapes, fruit, vegetables, tea, tobacco; cattle, pigs, sheep, goats

Industries:

petroleum and natural gas, petroleum products, oilfield equipment; steel, iron ore; cement; chemicals and petrochemicals; textiles

Industrial production growth rate:

3.5% (2010 est.) country comparison to the world: 91

Electricity - production:

18.6 billion kWh (2007 est.) country comparison to the world: 72

Electricity - consumption:

18 billion kWh (2007 est.) country comparison to the world: 71

Electricity - exports:

786 million kWh (2007 est.)

Electricity - imports:

548 million kWh (2007 est.)

Oil - production:

1.011 million bbl/day (2009 est.) country comparison to the world: 23

Oil - consumption:

136,000 bbl/day (2009 est.) country comparison to the world: 70

Oil - exports:

528,900 bbl/day (2007 est.) country comparison to the world: 29

Oil - imports:

2,848 bbl/day (2007 est.) country comparison to the world: 169

Oil - proved reserves:

7 billion bbl (1 January 2010 est.) country comparison to the world: 19

Natural gas - production:

23 billion cu m (2009 est.) country comparison to the world: 30

Natural gas - consumption:

10.12 billion cu m (2008) country comparison to the world: 47

Natural gas - exports:

5.564 billion cu m (2008 est.) country comparison to the world: 25

Natural gas - imports:

0 cu m (2008 est.) country comparison to the world: 72

Natural gas - proved reserves:

849.5 billion cu m (1 January 2010 est.) country comparison to the world: 27

Current account balance:

$15.96 billion (2010 est.) country comparison to the world: 19 $10.18 billion (2009 est.)

Exports:

$28.07 billion (2010 est.) country comparison to the world: 63 $21.1 billion (2009 est.)

Exports - commodities:

oil and gas 90%, machinery, cotton, foodstuffs

Exports - partners:

Italy 20.69%, India 10.67%, US 9.24%, France 8.15%, Germany 7.62%,Indonesia 6.63%, Canada 5.13% (2009)

Imports:

$7.035 billion (2010 est.) country comparison to the world: 103 $6.514 billion (2009 est.)

Imports - commodities:

machinery and equipment, oil products, foodstuffs, metals, chemicals

Imports - partners:

Turkey 18.69%, Russia 16.98%, Germany 7.87%, Ukraine 7.3%, China 6.18%, UK 5.73% (2009)

Reserves of foreign exchange and gold:

$6.33 billion (31 December 2010 est.) country comparison to the world: 62 $5.364 billion (31 December 2009 est.)

Debt - external:

$3.221 billion (31 December 2010 est.) country comparison to the world: 124 $3.44 billion (31 December 2009 est.)

Stock of direct foreign investment - at home:

$8.918 billion (31 December 2010 est.) country comparison to the world: 80 $8.318 billion (31 December 2009 est.)

Stock of direct foreign investment - abroad:

$6.058 billion (31 December 2010 est.) country comparison to the world: 58 $5.558 billion (31 December 2009 est.)

Exchange rates:

Azerbaijani manats (AZN) per US dollar - 0.8035 (2010), 0.8038 (2009), 0.8219 (2008), 0.8581 (2007), 0.8934 (2006)

Communications ::Azerbaijan

Telephones - main lines in use:

1.397 million (2009) country comparison to the world: 68

Telephones - mobile cellular:

7.757 million (2009) country comparison to the world: 74

Telephone system:

general assessment: requires considerable expansion and modernization; fixed-line telephony and a broad range of other telecom services are controlled by a state-owned telecommunications monopoly and growth has been stagnant; more competition exists in the mobile-cellular market with four providers in 2009

domestic: teledensity of 17 fixed lines per 100 persons; mobile-cellular teledensity has increased and is rapidly approaching 100 telephones per 100 persons; satellite service connects Baku to a modern switch in its exclave of Nakhchivan

international: country code - 994; the Trans-Asia-Europe (TAE) fiber-optic link transits Azerbaijan providing international connectivity to neighboring countries; the old Soviet system of cable and microwave is still serviceable; satellite earth stations - 2 (2009)

Broadcast media:

1 state-run and 1 public television channel; 4 domestic commercial TV stations and about 15 regional TV stations; Turkish, Russian, and Iranian TV and radio broadcasts are available, especially in border regions; cable TV services are available in Baku; 1 state-run and 1 public radio network operating; a small number of private commercial radio stations broadcasting; local FM relays of Baku commercial stations are available in many localities; local relays of several international broadcasters had been available until late 2008 when their broadcasts were banned from FM frequencies (2008)

Internet country code:

.az

Internet hosts:

22,737 (2010) country comparison to the world: 105

Internet users:

2.42 million (2009) country comparison to the world: 70

Transportation ::Azerbaijan

Airports:

35 (2010) country comparison to the world: 109

Airports - with paved runways:

total: 27

over 3,047 m: 3

2,438 to 3,047 m: 6

1,524 to 2,437 m: 13

914 to 1,523 m: 4

under 914 m: 1 (2010)

Airports - with unpaved runways:

total: 8

under 914 m: 8 (2010)

Heliports:

1 (2010)

Pipelines:

condensate 1 km; gas 3,361 km; oil 1,424 km (2009)

Railways:

total: 2,918 km country comparison to the world: 57 broad gauge: 2,918 km 1.520-m gauge (1,278 km electrified) (2009)

Roadways:

total: 59,141 km country comparison to the world: 76 paved: 29,210 km

unpaved: 29,931 km (2004)

Merchant marine:

total: 92 country comparison to the world: 54 by type: cargo 27, passenger 2, passenger/cargo 9, petroleum tanker 48, roll on/roll off 3, specialized tanker 3

foreign-owned: 1 (Turkey 1)

registered in other countries: 2 (Malta 1, Panama 1) (2010)

Ports and terminals:

Baku (Baki)

Military ::Azerbaijan

Military branches:

Army, Navy, Air and Air Defense Forces (2010)

Military service age and obligation:

men between 18 and 35 are liable for military service; 18 years of age for voluntary military service; length of military service is 18 months and 12 months for university graduates (2006)

Manpower available for military service:

males age 16-49: 2,336,611

females age 16-49: 2,329,275 (2010 est.)

Manpower fit for military service:

males age 16-49: 1,753,878

females age 16-49: 1,958,408 (2010 est.)

Manpower reaching militarily significant age annually:

male: 84,441

female: 78,905 (2010 est.)

Military expenditures:

2.6% of GDP (2005 est.) country comparison to the world: 54

Transnational Issues ::Azerbaijan

Disputes - international:

Armenia supports ethnic Armenian secessionists in Nagorno-Karabakh and since the early 1990s has militarily occupied 16% of Azerbaijan; over 800,000 mostly ethnic Azerbaijanis were driven from the occupied lands and Armenia; about 230,000 ethnic Armenians were driven from their homes in Azerbaijan into Armenia and Nagorno-Karabakh; Azerbaijan seeks transit route through Armenia to connect to Naxcivan exclave; Organization for Security and Cooperation in Europe (OSCE) continues to mediate dispute; Azerbaijan, Kazakhstan, and Russia have ratified Caspian seabed delimitation treaties based on equidistance, while Iran continues to insist on an even one-fifth allocation and challenges Azerbaijan's hydrocarbon exploration in disputed waters; bilateral talks continue with Turkmenistan on dividing the seabed and contested oilfields in the middle of the Caspian; Azerbaijan and Georgia continue to discuss the alignment of their boundary at certain crossing areas

Refugees and internally displaced persons:

refugees (country of origin): 2,400 (Russia)

IDPs: 580,000-690,000 (conflict with Armenia over Nagorno-Karabakh) (2007)

Trafficking in persons:

current situation: Azerbaijan is primarily a source and transit country for men, women, and children trafficked for the purposes of commercial sexual exploitation and forced labor; women and some children from Azerbaijan are trafficked to Turkey and the UAE for the purpose of sexual exploitation; men and boys are trafficked to Russia for the purpose of forced labor; Azerbaijan serves as a transit country for victims from Uzbekistan, Kyrgyzstan, Kazakhstan, and Moldova trafficked to Turkey and the UAE for sexual exploitation

tier rating: Tier 2 Watch List - Azerbaijan is on the Tier 2 Watch List for its failure to provide evidence of increasing efforts to combat trafficking in persons, particularly efforts to investigate, prosecute, and punish traffickers; to address complicity among law enforcement personnel; and to adequately identify and protect victims in Azerbaijan; the government has yet to develop a much-needed mechanism to identify potential trafficking victims and refer them to safety and care; poor treatment of trafficking victims in courtrooms continues to be a problem (2008)

Illicit drugs:

limited illicit cultivation of cannabis and opium poppy, mostly for CIS consumption; small government eradication program; transit point for Southwest Asian opiates bound for Russia and to a lesser extent the rest of Europe

page last updated on January 18, 2011

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@Bahamas, The (Central America and Caribbean)

Introduction ::Bahamas, The

Background:

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 has 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.

Geography ::Bahamas, The

Location:

Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba

Geographic coordinates:

Map references:

Central America and the Caribbean

Area:

total: 13,880 sq km country comparison to the world: 160 land: 10,010 sq km

water: 3,870 sq km

Area - comparative:

slightly smaller than Connecticut

Land boundaries:

0 km

Coastline:

3,542 km

Maritime claims:

territorial sea: 12 nm

exclusive economic zone: 200 nm

Climate:

tropical marine; moderated by warm waters of Gulf Stream

Terrain:

long, flat coral formations with some low rounded hills

Elevation extremes:

lowest point: Atlantic Ocean 0 m

highest point: Mount Alvernia on Cat Island 63 m

Natural resources:

salt, aragonite, timber, arable land

Land use:

arable land: 0.58%

permanent crops: 0.29%

other: 99.13% (2005)

Irrigated land:

10 sq km (2003)

Total renewable water resources:

Natural hazards:

hurricanes and other tropical storms cause extensive flood and wind damage

Environment - current issues:

coral reef decay; solid waste disposal

Environment - international agreements:

party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands

signed, but not ratified: none of the selected agreements

Geography - note:

strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited

People ::Bahamas, The

Population:

310,426 country comparison to the world: 177 note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2010 est.)

Age structure:

0-14 years: 25.3% (male 39,493/female 38,355)

15-64 years: 68.7% (male 103,889/female 107,528)

65 years and over: 5.9% (male 6,998/female 11,289) (2010 est.)

Median age:

total: 29.9 years

male: 28.8 years

female: 31 years (2010 est.)

Population growth rate:

0.935% (2010 est.) country comparison to the world: 126

Birth rate:

16.25 births/1,000 population (2010 est.) country comparison to the world: 128

Death rate:

6.89 deaths/1,000 population (July 2010 est.) country comparison to the world: 140

Net migration rate:

0 migrant(s)/1,000 population (2010 est.) country comparison to the world: 98

Urbanization:

urban population: 84% of total population (2008)

rate of urbanization: 1.4% annual rate of change (2005-10 est.)

Sex ratio:

at birth: 1.03 male(s)/female

under 15 years: 1.03 male(s)/female

15-64 years: 0.97 male(s)/female

65 years and over: 0.62 male(s)/female

total population: 0.96 male(s)/female (2010 est.)

Infant mortality rate:

total: 13.68 deaths/1,000 live births country comparison to the world: 129 male: 13.68 deaths/1,000 live births

female: 13.69 deaths/1,000 live births (2010 est.)

Life expectancy at birth:

total population: 70.84 years country comparison to the world: 140 male: 68.48 years

female: 73.27 years (2010 est.)

Total fertility rate:

2 children born/woman (2010 est.) country comparison to the world: 128

HIV/AIDS - adult prevalence rate:

3% (2007 est.) country comparison to the world: 24

HIV/AIDS - people living with HIV/AIDS:

6,200 (2007 est.) country comparison to the world: 118

HIV/AIDS - deaths:

fewer than 200 (2007 est.) country comparison to the world: 105

Nationality:

noun: Bahamian(s)

adjective: Bahamian

Ethnic groups:

black 85%, white 12%, Asian and Hispanic 3%

Religions:

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)

Languages:

English (official), Creole (among Haitian immigrants)

Literacy:

definition: age 15 and over can read and write

total population: 95.6%

male: 94.7%

female: 96.5% (2003 est.)

Education expenditures:

3.6% of GDP (2000) country comparison to the world: 127

Government ::Bahamas, The

Country name:

conventional long form: Commonwealth of The Bahamas

conventional short form: The Bahamas

Government type:

constitutional parliamentary democracy and a Commonwealth realm

Capital:

name: Nassau

geographic coordinates: 25 05 N, 77 21 W

time difference: UTC-5 (same time as Washington, DC during Standard Time)

daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November

Administrative 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

Independence:

10 July 1973 (from the UK)

National holiday:

Independence Day, 10 July (1973)

Constitution:

10 July 1973

Legal system:

based on English common law; has not accepted compulsory ICJ jurisdiction

Suffrage:

18 years of age; universal

Executive branch:

chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor General Sir Arthur A. FOULKES (since 14 April 2010)

head of government: Prime Minister Hubert A. INGRAHAM (since 4 May 2007)

cabinet: Cabinet appointed by the governor general on the prime minister's recommendation (For more information visit the World Leaders website ) elections: the monarchy is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the governor general; the prime minister recommends the deputy prime minister

Legislative branch:

bicameral Parliament consists of the Senate (16 seats; members appointed by the governor general upon the advice of the prime minister and the opposition leader to serve five-year terms) and the House of Assembly (41 seats; members elected by direct popular vote to serve five-year terms); the government may dissolve the parliament and call elections at any time

elections: last held on 2 May 2007 (next to be held by May 2012)

election results: percent of vote by party - FNM 49.86%, PLP 47.02%; seats by party - FNM 23, PLP 18

Judicial branch:

Privy Council in London; Courts of Appeal; Supreme (lower) Court;Magistrates' Courts

Political parties and leaders:

Free National Movement or FNM [Hubert INGRAHAM]; Progressive LiberalParty or PLP [Perry CHRISTIE]

Political pressure groups and leaders:

Friends of the Environment

other: trade unions

International organization participation:

ACP, AOSIS, C, Caricom, CDB, FAO, G-77, IADB, IBRD, ICAO, ICRM, IDA,IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, ITSO,ITU, LAES, MIGA, NAM, OAS, OPANAL, OPCW, PetroCaribe, UN, UNCTAD,UNESCO, UNIDO, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO (observer)

Diplomatic representation in the US:

chief of mission: Ambassador Cornelius A. SMITH

chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008

telephone: [1] (202) 319-2660

consulate(s) general: Miami, New York

Diplomatic representation from the US:

chief of mission: Ambassador Nicole A. AVANT

embassy: 42 Queen Street, Nassau, New Providence

mailing address: local or express mail address: P. O. Box N-8197, Nassau; US Department of State, 3370 Nassau Place, Washington, DC 20521-3370

telephone: [1] (242) 322-1181, 328-2206 (after hours)

Flag description:

three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side; the band colors represent the golden beaches of the islands surrounded by the aquamarine sea; black represents the vigor and force of a united people, while the pointing triangle indicates the enterprise and determination of the Bahamian people to develop the rich resources of land and sea

National anthem:

name: "March On, Bahamaland!"

lyrics/music: Timothy GIBSON

note: adopted 1973; as a Commonwealth country, in addition to the national anthem, "God Save the Queen" serves as the royal anthem (see United Kingdom)

Economy ::Bahamas, The

Economy - overview:

The Bahamas is one of the wealthiest Caribbean countries with an economy heavily dependent on tourism and offshore banking. Tourism together with tourism-driven construction and manufacturing accounts for approximately 60% of GDP and directly or indirectly employs half of the archipelago's labor force. Prior to 2006, a steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences led to solid GDP growth but since then tourism receipts have begun to drop off. The global recession in 2009 took a sizeable toll on the Bahamas, resulting in a contraction in GDP and a widening budget deficit. The decline continued in 2010 as tourism from the US and sector investment lagged. Financial services constitute the second-most important sector of the Bahamian economy and, when combined with business services, account for about 36% of GDP. However, the financial sector currently is smaller than it has been in the past because of the enactment of new and more strict financial regulations in 2000 that caused many international businesses to relocate elsewhere. Manufacturing and agriculture combined contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector.

GDP (purchasing power parity):

$8.878 billion (2010 est.) country comparison to the world: 151 $8.923 billion (2009 est.)

$9.285 billion (2008 est.)

note: data are in 2010 US dollars

GDP (official exchange rate):

$7.538 billion (2010 est.)

GDP - real growth rate:

-0.5% (2010 est.) country comparison to the world: 193 -3.9% (2009 est.)

-1.7% (2008 est.)

GDP - per capita (PPP):

$28,600 (2010 est.) country comparison to the world: 49 $29,000 (2009 est.)

$30,500 (2008 est.)

note: data are in 2010 US dollars

GDP - composition by sector:

agriculture: 1.2%

industry: 14.7%

services: 84.1% (2001 est.)

Labor force:

184,000 (2009) country comparison to the world: 173

Labor force - by occupation:

agriculture: 5%

industry: 5%

tourism: 50%

other services: 40% (2005 est.)

Unemployment rate:

7.6% (2006 est.) country comparison to the world: 80

Population below poverty line:

9.3% (2004)

Household income or consumption by percentage share:

lowest 10%: NA%

highest 10%: 27% (2000)

Inflation rate (consumer prices):

2.4% (2007 est.) country comparison to the world: 69

Central bank discount rate:

5.25% (31 December 2009) country comparison to the world: 82 5.25% (31 December 2008)

Commercial bank prime lending rate:

5.5% (31 December 2009 est.) country comparison to the world: 143 5.5% (31 December 2008 est.)

Stock of narrow money:

$1.284 billion (31 December 2009) country comparison to the world: 130 $1.275 billion (31 December 2008)

Stock of broad money:

$5.991 billion (31 December 2009 est.) country comparison to the world: 114 $5.893 billion (31 December 2008 est.)

Stock of domestic credit:

$7.993 billion (31 December 2009) country comparison to the world: 101 $7.883 billion (31 December 2008)

Market value of publicly traded shares:

Agriculture - products:

citrus, vegetables; poultry

Industries:

tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe

Industrial production growth rate:

Electricity - production:

2.045 billion kWh (2007 est.) country comparison to the world: 132

Electricity - consumption:

1.902 billion kWh (2007 est.) country comparison to the world: 135

Electricity - exports:

0 kWh (2008 est.)

Electricity - imports:

0 kWh (2008 est.)

Oil - production:

0 bbl/day (2009 est.) country comparison to the world: 206

Oil - consumption:

36,000 bbl/day (2009 est.) country comparison to the world: 110

Oil - exports:

transshipments of 41,570 bbl/day (2007 est.) country comparison to the world: 81

Oil - imports:

20,560 bbl/day (2009 est.) country comparison to the world: 110

Oil - proved reserves:

0 bbl (1 January 2010 est.) country comparison to the world: 202

Natural gas - production:

0 cu m (2008 est.) country comparison to the world: 205

Natural gas - consumption:

0 cu m (2008 est.) country comparison to the world: 207

Natural gas - exports:

0 cu m (2008 est.) country comparison to the world: 200

Natural gas - imports:

0 cu m (2008 est.) country comparison to the world: 200

Natural gas - proved reserves:

NA cu m (1 January 2009 est.)

Current account balance:

-$283.2 million (2009 est.) country comparison to the world: 95 -$1.442 billion (2007 est.)

Exports:

$674 million (2006) country comparison to the world: 162

Exports - commodities:

mineral products and salt, animal products, rum, chemicals, fruit and vegetables

Exports - partners:

US 35.99%, Singapore 18.64%, Poland 12.1%, Germany 6.24% (2009)

Imports:

$2.401 billion (2006) country comparison to the world: 148

Imports - commodities:

machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals

Imports - partners:

US 27.23%, South Korea 20.08%, Japan 14.55%, Singapore 5.89%, China 4.75%, Venezuela 4.26%, Italy 4.12% (2009)

Debt - external:

$342.6 million (2004 est.) country comparison to the world: 168

Exchange rates:

Bahamian dollars (BSD) per US dollar - 1 (2009), 1 (2008), 1 (2007), 1 (2006)

Communications ::Bahamas, The

Telephones - main lines in use:

129,000 (2009) country comparison to the world: 140

Telephones - mobile cellular:

358,800 (2009) country comparison to the world: 166

Telephone system:

general assessment: modern facilities

domestic: totally automatic system; highly developed; the Bahamas Domestic Submarine Network links 14 of the islands and is designed to satisfy increasing demand for voice and broadband internet services

international: country code - 1-242; landing point for the Americas Region Caribbean Ring System (ARCOS-1) fiber-optic submarine cable that provides links to South and Central America, parts of the Caribbean, and the US; satellite earth stations - 2 (2007)

Broadcast media:

2 television stations operated by government-owned, commercially run Broadcasting Corporation of the Bahamas (BCB); multi-channel cable TV subscription service is available; about 15 radio stations operating with BCB operating a multi-channel radio broadcasting network alongside privately-owned radio stations (2007)

Internet country code:

.bs

Internet hosts:

21,939 (2010) country comparison to the world: 107

Internet users:

115,800 (2009) country comparison to the world: 156

Transportation ::Bahamas, The

Airports:

62 (2010) country comparison to the world: 78

Airports - with paved runways:

total: 23

over 3,047 m: 2

2,438 to 3,047 m: 3

1,524 to 2,437 m: 13

914 to 1,523 m: 5 (2010)

Airports - with unpaved runways:

total: 39

1,524 to 2,437 m: 5

914 to 1,523 m: 12

under 914 m: 22 (2010)

Heliports:

1 (2010)

Roadways:

total: 2,717 km country comparison to the world: 168 paved: 1,560 km

unpaved: 1,157 km (2002)

Merchant marine:

total: 1,170 country comparison to the world: 10 by type: barge carrier 1, bulk carrier 229, cargo 191, carrier 2, chemical tanker 80, combination ore/oil 8, container 50, liquefied gas 78, passenger 100, passenger/cargo 29, petroleum tanker 222, refrigerated cargo 106, roll on/roll off 12, specialized tanker 2, vehicle carrier 60

foreign-owned: 1,080 (Angola 5, Belgium 9, Bermuda 12, Brazil 1,Canada 102, China 4, Croatia 1, Cyprus 14, Denmark 59, Finland 8,France 19, Germany 39, Greece 209, Guernsey 6, Hong Kong 2,Indonesia 2, Ireland 3, Italy 5, Japan 93, Jordan 2, Kuwait 2,Malaysia 13, Monaco 14, Montenegro 2, Netherlands 22, Nigeria 2,Norway 198, Poland 32, Saudi Arabia 16, Singapore 7, Slovenia 1,Spain 9, Sweden 6, Switzerland 2, Thailand 4, Trinidad and Tobago 1,Turkey 3, UAE 27, UK 24, US 100)

registered in other countries: 10 (Bolivia 1, Malta 1, Panama 7, Peru 1) (2010)

Ports and terminals:

Freeport, Nassau, South Riding Point

Military ::Bahamas, The

Military branches:

Royal Bahamian Defense Force: Land Force, Navy, Air Wing (2010)

Military service age and obligation:

18 years of age; no conscription (2010)

Manpower available for military service:

males age 16-49: 84,903 (2010 est.)

Manpower fit for military service:

males age 16-49: 62,779

females age 16-49: 63,954 (2010 est.)

Manpower reaching militarily significant age annually:

male: 2,840

female: 2,758 (2010 est.)

Military expenditures:

0.7% of GDP (2009) country comparison to the world: 152

Transnational Issues ::Bahamas, The

Disputes - international:

disagrees with the US on the alignment the northern axis of a potential maritime boundary; continues to monitor and interdict drug dealers and Haitian and Cuban refugees in Bahamian waters

Illicit drugs:

transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center

page last updated on January 26, 2011

======================================================================

@Bahrain (Middle East)

Introduction ::Bahrain

Background:

In 1783, the al-Khalifa family captured Bahrain from the Persians. In order to secure these holdings, it entered into a series of treaties with the UK during the 19th century that made Bahrain a British protectorate. The archipelago attained its independence in 1971. Bahrain's small size and central location among Persian Gulf countries require it to play a delicate balancing act in foreign affairs among its larger neighbors. Facing declining oil reserves, Bahrain has turned to petroleum processing and refining and has transformed itself into an international banking center. King HAMAD bin Isa al-Khalifa, after coming to power in 1999, pushed economic and political reforms to improve relations with the Shia community. Shia political societies participated in 2010 parliamentary and municipal elections. Al Wifaq, the largest Shia political society, won the largest number of seats in the elected chamber of the legislature. However, Shia discontent has resurfaced in recent years with street demonstrations and occasional low-level violence.

Geography ::Bahrain

Location:

Middle East, archipelago in the Persian Gulf, east of Saudi Arabia

Geographic coordinates:

Map references:

Middle East

Area:

total: 760 sq km country comparison to the world: 187 land: 760 sq km

water: 0 sq km

Area - comparative:

3.5 times the size of Washington, DC

Land boundaries:

0 km

Coastline:

161 km

Maritime claims:

territorial sea: 12 nm

contiguous zone: 24 nm

continental shelf: extending to boundaries to be determined

Climate:

arid; mild, pleasant winters; very hot, humid summers

Terrain:

mostly low desert plain rising gently to low central escarpment

Elevation extremes:

lowest point: Persian Gulf 0 m

highest point: Jabal ad Dukhan 122 m

Natural resources:

oil, associated and nonassociated natural gas, fish, pearls

Land use:

arable land: 2.82%

permanent crops: 5.63%

other: 91.55% (2005)

Irrigated land:

40 sq km (2003)

Total renewable water resources:

0.1 cu km (1997)

Freshwater withdrawal (domestic/industrial/agricultural):

total: 0.3 cu km/yr (40%/3%/57%)

per capita: 411 cu m/yr (2000)

Natural hazards:

periodic droughts; dust storms

Environment - current issues:

desertification resulting from the degradation of limited arable land, periods of drought, and dust storms; coastal degradation (damage to coastlines, coral reefs, and sea vegetation) resulting from oil spills and other discharges from large tankers, oil refineries, and distribution stations; lack of freshwater resources (groundwater and seawater are the only sources for all water needs)

Environment - international agreements:

party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Wetlands

signed, but not ratified: none of the selected agreements

Geography - note:

close to primary Middle Eastern petroleum sources; strategic location in Persian Gulf, through which much of the Western world's petroleum must transit to reach open ocean

People ::Bahrain

Population:

738,004 country comparison to the world: 163 note: includes 235,108 non-nationals (July 2010 est.)

Age structure:

0-14 years: 25.9% (male 95,258/female 93,256)

15-64 years: 70.1% (male 293,340/female 217,815)


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