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The Bahamas is a island country in the West Atlantic Ocean consisting of 700 coral islands, of which 30 are inhabited. [1] The tourism industry is a significant sector of the Bahamian economy . In 2021, it was estimated that tourism accounted for 45% of the Bahamas's national gross domestic product . [ 2 ]
Tourist hotspots employ more than half of the island’s workforce and contribute over 70% of the Bahamas’ gross domestic product. Due to this crucial economic dependence, country officials feel ...
It's summer, and that means it's time to hit the beach -- preferably the Bahamas. But, according to Trip.com, the average Bahamas vacation cost for a family of four is about $630 per day. That's a ...
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The economy of the Bahamas is dependent upon tourism and offshore banking. The Bahamas is the richest country in the West Indies and is ranked 14th in North America for nominal GDP. [8] It is a stable, developing nation in the Lucayan Archipelago, with a population of 391,232 (2016). Steady growth in tourism receipts and a boom in construction ...
In terms of gross domestic product per capita, the Bahamas is one of the richest countries in the Americas (following the United States and Canada), with an economy based on tourism and finance. [1] Tourism alone provides an estimated 45% of the gross domestic product (GDP) and employs about half the Bahamian workforce.
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