Fact Sheet
Bahamas
Official Title:
Commonwealth of the Bahamas
General Information
| Year | Exports | Imports |
|---|---|---|
| 2015 | $73,507,980 | $35,787,881 |
| 2016 | $121,510,976 | $13,634,818 |
| 2017 | $219,340,996 | $12,897,171 |
| 2018 | $399,813,171 | $4,833,583 |
| 2019 | $262,255,659 | $19,298,208 |
| Section | Exports | Imports |
|---|---|---|
| 01 Animal & Prod. | $3,610,204 | $1,591,201 |
| 02 Veg. Prod. | $2,054,398 | $31,116 |
| 03 Fats, Oils & Waxes Prod. | $115,467 | $ |
| 04 Food Prod. | $10,126,458 | $1,088 |
| 05 Mineral Prod. | $219,239,363 | $7,913,931 |
| 06 Chemical Prod. | $2,855,026 | $7,750,390 |
| 07 Plastics, Rubber Prod. | $1,259,725 | $537 |
| 08 Leather, Fur Prod. | $9,468 | $1,930 |
| 09 Wood Prod. | $940,565 | $ |
| 10 Paper Prod. | $2,090,003 | $9,145 |
| 11 Textiles Prod. | $120,961 | $13,045 |
| 12 Dress Access. | $21,452 | $330 |
| 13 Glass & Stone Prod. | $416,619 | $327 |
| 14 Precious Metals/stones | $399,950 | $ |
| 15 Base Metal Prod. | $1,539,135 | $4,968 |
| 16 Mach. Mech. Elec. Prod. | $5,532,411 | $568,827 |
| 17 Vehicles and Equip. | $4,303,829 | $1,410 |
| 18 Specialized Inst. | $687,596 | $13,785 |
| 19 Arms & Ammunition | $120 | $ |
| 20 Misc. Articles | $4,648,362 | $39 |
| 21 Antiques | $115,068 | $1,383,583 |
Capital: Nassau
Population (million): .38
Total Area: 13,940km2
Currency: 1 CAN$ = 0.77 Bahamian dollar (BSD) (2018 - Annual average)
National Holiday: July 10 (1973, Independence Day)
Language(s): English
Political Information
Type of State:
Constitutional Monarchy
Type of Government:
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 (38 seats; members elected by direct popular vote to serve five-year terms).
Head of State:
Governor General (Queen Elizabeth II) Dame Marguerite Pindling
Head of Government:
Prime Minister Hubert Minnis
Ministers:
Foreign Affairs and Immigration: Darren Henfield
Main Political Parties:
Free National Movement (FNM)(35 of 39 seats) and Progressive Liberal Party (PLP) in opposition (4 of 39 seats).
Elections:
Last: 2013. Next by 2017.
Economic Information (2018)
| Type | Bahamas | Canada |
|---|---|---|
| GDP: ($ billion) | 16.63 | 2,222.58 |
| GDP per capita: ($) | 44,159.24 | 60,078.85 |
| GDP growth rate: (%) | 2.3 | 1.83 |
| Inflation: (%) | 2.25 | 2.24 |
| Unemployment: (%) | 9.2 | 5.82 |
Product Trade and investment (2019)
Canadian exports to country: $262,255,659
Canadian imports from country: $19,298,208
FDI in Canada (2018): $(39) million
CDI in country (2018): $27,096 million
Representation
Foreign Representation in Canada:
High Commissioner Alvin Smith
Canadian Representation Abroad:
High Commissioner Sylvain Fabi
February 2020
Sources include: Statistics Canada, IMF
- Date Modified:
