GDP: purchasing power parity - $5.58 billion (1998 est.)
GDP - real growth rate: 3% (1998 est.)
GDP - per capita: purchasing power parity - $20,000 (1998 est.)
GDP - composition by sector:
agriculture:
3%
industry:
5%
services:
92% (1997 est.)
Population below poverty line: NA%
Household income or consumption by percentage share:
lowest 10%:
NA%
highest 10%:
NA%
Inflation rate (consumer prices): 1.3% (1998)
Labor force: 148,000 (1996)
Labor force - by occupation: tourism 40%, other services 50%, industry 5%, agriculture 5% (1995 est.)
Unemployment rate: 9% (1998 est.)
Budget:
revenues:
$766 million
expenditures:
$845 million, including capital expenditures of $97 million (FY97/98)
Industries: tourism, banking, cement, oil refining and transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Industrial production growth rate: NA%
Electricity - production: 1.34 billion kWh (1998)
Electricity - production by source:
fossil fuel:
100%
hydro:
0%
nuclear:
0%
other:
0% (1998)
Electricity - consumption: 1.246 billion kWh (1998)
Electricity - exports: 0 kWh (1998)
Electricity - imports: 0 kWh (1998)
Agriculture - products: citrus, vegetables; poultry
Exports: $362.8 million (1998)
Exports - commodities: pharmaceuticals, cement, rum, crawfish, refined petroleum products
Exports - partners: US 22.3%, Switzerland 15.6%, UK 15%, Denmark 7.4% (1998)
Imports: $1.74 billion (1998)
Imports - commodities: foodstuffs, manufactured goods, crude oil, vehicles, electronics
Imports - partners: US 27.3%, Italy 26.5%, Japan 10%, Denmark 4.2% (1998)
Debt - external: $349 million (1998)
Economic aid - recipient: $9.8 million (1995)
Currency: 1 Bahamian dollar (B$) = 100 cents
Exchange rates: Bahamian dollar (B$) per US$1 - 1.000 (fixed rate pegged to the dollar)
Fiscal year: 1 July - 30 June