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Bahamas
Bahamas · BHS · North America
25
Risk Score
Guarded→ Stable
Risk Factors
No recent events in pipeline
Overview
The Bahamas is an archipelago nation in the Atlantic, with a tourism-dependent economy and a significant financial services sector. The country faces challenges from climate change, particularly hurricanes, and aims to diversify its economic base. Sustainable tourism and blue economy initiatives are gaining traction.
Leadership
King Charles III
Governor-General (represented by Cynthia Pratt)
GOVERNMENT: Parliamentary Democracy (Constitutional Monarchy)
Economy
GDP
$15.0B
GDP per Capita
$37.0K
GDP Growth
+3.0%
Inflation
2.5%
Unemployment
8.0%
TourismFinancial servicesOffshore bankingConstruction
Trade
Key Exports
Mineral productsChemicalsRumCrawfishAragonite
Key Imports
Machinery and transport equipmentManufacturesChemicalsFoodstuffsFuels
Top Partners
USAChinaUKCanadaJapan
Headlines (8)
travelandtourworldAug 9
United Kingdom Pairs Up With Other European Nations In Boosting Bahamas Tourism As Europe Unlocks Caribbean Growth
Read morenewspub_liveAug 9
Frijoles Fire doubles in size as drone forces grounding of firefighting helicopters
Read morethemirrorAug 9