Part 739

GDP: purchasing power parity - $4.8 billion (1995 est.)

GDP real growth rate: 2% (1995 est.)

GDP per capita: $18,700 (1995 est.)

GDP composition by sector: agriculture: 3% industry: 35% services: 62% (1994)

Inflation rate (consumer prices): 1.5% (1994)

Labor force: 136,900 (1993) by occupation: government 30%, tourism 40%, business services 10%, agriculture 5% (1995 est.)

Unemployment rate: 15% (1995 est.)

Budget: revenues: $665 million expenditures: $725 million, including capital expenditures of $94 million (FY95/96 est.)

Industries: tourism, banking, cement, oil refining and transshipment, salt production, rum, aragonite, pharmaceuticals, spiral-welded steel pipe

Industrial production growth rate: NA%

Electricity: capacity: 424,000 kW production: 929 million kWh consumption per capita: 3,200 kWh (1993)

Agriculture: citrus, vegetables; poultry

Illicit drugs: transshipment point for cocaine and marijuana bound for US and Europe; also a money-laundering center

Exports: $224.257 million (f.o.b., 1994) commodities: pharmaceuticals, cement, rum, crawfish, refined petroleum products partners: US 51%, UK 7%, Norway 7%, France 6%, Italy 5%

Imports: $1.08 billion (c.i.f., 1994) commodities: foodstuffs, manufactured goods, crude oil, vehicles, electronics partners: US 55%, Japan 17%, Nigeria 12%, Denmark 7%, Norway 6%

External debt: $407.8 million (December 1994)

Economic aid: $NA

Currency: 1 Bahamian dollar (B$) = 100 cents

Exchange rates: Bahamian dollar (B$) per US$1 - 1.00 (fixed rate)

Fiscal year: 1 July - 30 June

Transportation --------------

Railways: 0 km

Highways: total: 2,386 km paved: 1,342 km unpaved: 1,044 km (1986 est.)

Ports: Freeport, Matthew Town, Nassau

Merchant marine: total: 956 ships (1,000 GRT or over) totaling 22,592,285 GRT/35,765,965 DWT ships by type: bulk 176, cargo 182, chemical tanker 43, combination bulk 9, combination ore/oil 19, container 53, liquefied gas tanker 20, oil tanker 180, passenger 53, refrigerated cargo 147, roll-on/roll-off cargo 47, short-sea passenger 13, vehicle carrier 14 note: a flag of convenience registry; includes ships from 48 countries among which are Norway 155, Greece 124, US 84, Denmark 63, Netherlands 44, Sweden 36, Finland 34, France 29, Japan 29, and Belgium 24 (1995 est.)

Airports: total: 55 with paved runways over 3 047 m: 2 with paved runways 2 438 to 3 047 m: 1 with paved runways 1 524 to 2 437 m: 16 with paved runways 914 to 1 523 m: 11 with paved runways under 914 m: 17 with unpaved runways 914 to 1 523 m: 8 (1995 est.)

Communications --------------

Telephones: 119,000 (1987 est.)