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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.
The Bahamian economy is almost entirely dependent on tourism and financial services to generate foreign exchange earnings. The Gross Domestic Product (GDP) of the Bahamas is approximately $5.7 billion with tourism accounting for 50%, financial services nearly 20% and the balance spread among retail and wholesale trade, fishing, light manufacturing and agriculture. [9]
The island has the world's largest collection of blue holes. [21] Geographically, North Andros is the sixth largest island in the West Indies, at roughly 6,000 km 2 (2,300 sq mi) in area and 167 km (104 mi) long and 64 km (40 mi) wide at its widest point, and the 153rd largest island on Earth.
Great Inagua is the second largest island in the Bahamas at 596 sq mi (1544 km 2) and lies about 55 miles (89 kilometres) from the eastern tip of Cuba.The island is about 55 by 19 mi (89 by 31 km) in extent and mostly flat with some sand hills, the highest points being East Hill at 132 ft (40 m), Salt Pond Hill at 102 ft (31 m), and James Hill at 90 ft (27 m). [4]
Coopers Town is a village in Abaco, the second largest island of the Bahamas. It has a population of 676, per the 2010 census. [1] The town is the northernmost of the island's main centres of population. It was settled in the 1870s by the Albert Bootle family from Grand Bahama.
Goat Cay is a private island off Darby Island in the Exuma district of the Bahamas. Goat Cay is located somewhat southeast of Musha Cay, an island owned by David Copperfield, and west of Lignum Vitae Cay. [1] (There is also a Goat Cay off Great Exuma Island and off Little Exuma Island, as well as off other Bahama Islands.)
Companies of the Bahamas by industry (8 C) S. Service industries in the Bahamas (6 C) This page was last edited on 24 January 2020, at 20:22 (UTC). Text ...
Only about 0.8% of the Bahamas' land area is arable, about 140 square km (54 square miles). [5] Most arable land is on New Providence, Abaco, Andros, and Grand Bahama islands; challenges for Bahamian agriculture include limited fresh water resources for irrigation, the difficulties of inter-island transport of goods in the archipelago, a lack of human capital, the country's small size (which ...