Economía - descripción: The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking. Tourism alone accounts for more than 60% of GDP and directly or indirectly employs 40% of the archipelago's labor force. Moderate growth in tourism receipts and a boom in construction of new hotels, resorts, and residences led to an increase of the country's GDP by an estimated 3% in 1998. Manufacturing and agriculture together contribute less than 10% of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run will depend heavily on the fortunes of the tourism sector and continued income growth in the US, which accounts for the majority of tourist visitors.

Producto Bruto Interno (PBI): purchasing power parity - $5.58 billion (1998 est.)

PBI - Indice de Incremento real: 3% (1998 est.)

PBI - por capital: purchasing power parity - $20,000 (1998 est.)

PBI - Composición por Sector:
agriculture: 3%
industry: 5%
services: 92% (1997 est.)

Población bajo linea de pobertad: NA%

Ingreso en casa o porcentage de consumción:
lowest 10%: NA%
highest 10%: NA%

Indice de Inflación (precios del consumidor): 1.3% (1998)

Fuerza Laboral: 148,000 (1996)

Fuerza Laboral - por ocupación: tourism 40%, other services 50%, industry 5%, agriculture 5% (1995 est.)

Indice de desempleo: 9% (1998 est.)

Presupuesto:
revenues: $766 million
expenditures: $845 million, including capital expenditures of $97 million (FY97/98)

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

Industrial production growth rate: NA%

Electricidad - Producción: 1.34 billion kWh (1998)

Electricidad - producción por fuente:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1998)

Electricidad - consumción: 1.246 billion kWh (1998)

Electricidad - exportaciones: 0 kWh (1998)

Electricidad - importaciones: 0 kWh (1998)

Agricultura - productos: citrus, vegetables; poultry

Exportaciones: $362.8 million (1998)

Exporationes - comodidades: pharmaceuticals, cement, rum, crawfish, refined petroleum products

Exportaciones - socios: US 22.3%, Switzerland 15.6%, UK 15%, Denmark 7.4% (1998)

Importaciones: $1.74 billion (1998)

Importaciones - comodidades: foodstuffs, manufactured goods, crude oil, vehicles, electronics

Importaciones - socios: US 27.3%, Italy 26.5%, Japan 10%, Denmark 4.2% (1998)

Deuda - externa: $349 million (1998)

Ayuda economica - recipiente: $9.8 million (1995)

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

Indice de intercambio: Bahamian dollar (B$) per US$1 - 1.000 (fixed rate pegged to the dollar)

Año Fiscal: 1 July - 30 June