Imports$2.854 billion (2011 est.)
Exports$709.7 million (2011 est.)
Inflation rate (consumer prices)3.2% (2011 est.)
Unemployment rate14.2% (2009 est.)
GDP - per capita (PPP)$31,400 (2011 est.)
National product real growth rate-0.5% (2010 est.)
Internet users115,800 (2009)
Telephones - mobile cellular428,400 (2009)
Population growth rate0.904% (2012 est.)
Population316,182 (July 2012 est.)
Lucayan Indians inhabited the islands when Christopher COLUMBUS first set foot in the New World on San Salvador in 1492.
British settlement of the islands began in 1647; the islands became a colony in 1783.
Since attaining independence from the UK in 1973, The Bahamas has prospered through tourism and international banking and investment management....
The Bahamas is one of the wealthiest Caribbean countries with an economy heavily dependent on tourism and offshore banking.
Tourism together with tourism-driven construction and manufacturing accounts for approximately 60% of GDP and directly or indirectly employs half of the archipelago's labor force.
Prior to 2006, a steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences led to solid GDP growth but since then tourism receipts have begun to drop off....
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