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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 Hawksbill Creek Agreement established a duty-free zone in Freeport, the Bahamas' second-largest city, with a nearby industrial park to encourage foreign industrial investment. The Hong Kong-based firm, Hutchison Whampoa, has opened a container port in Freeport. The Bahamian Parliament approved legislation in 1993 that extended most Freeport ...
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 ...
Category: Companies of the Bahamas by industry. 4 languages. ... Telecommunications companies of the Bahamas (2 P) This page was last ...
The Bahamas relies heavily on tourism to generate most of its economic activity. Tourism as an industry accounts for about 70% of the Bahamian GDP and provides jobs for about half of the country's workforce. [108] The Bahamas attracted 5.8 million visitors in 2012, more than 70% of whom were cruise visitors. [109]
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]
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For a period of years, Andros sponging was The Bahamas' largest industry. In the 1930s, the sponges were wiped out by a Red Tide infestation. The sponging industry died, and the spongers left the island for Key West, and Tarpon Springs, Florida. Thousands of unemployed Bahamians moved to the village of Coconut Grove near Miami. [13]