Canada-Bahamas fact sheet
Bahamas
Official Title:
Commonwealth of The Bahamas
General Information
Capital: Nassau
Population (million): .39
Total Area: 13,940km2
Currency: 1 CAN$ = 0.76 Bahamian dollar (BSD) (2020- Annual average)
National Holiday: July 10 (1973, Independence Day)
Language(s): English
Political Information
Type of State:
Constitutional Monarchy
Type of Government:
Bicameral Parliament consists of the Senate (16 seats; members appointed by the governor general upon the advice of the prime minister and the opposition leader to serve five-year terms) and the House of Assembly (38 seats; members elected by direct popular vote to serve five-year terms).
Head of State:
Governor General (Queen Elizabeth II) Sir Cornelius Alvin Smith
Head of Government:
Prime Minister Hubert Minnis
Ministers:
Foreign Affairs: Darren Henfield
Main Political Parties:
Free National Movement (FNM)(35 of 39 seats) and Progressive Liberal Party (PLP) in opposition (4 of 39 seats).
Elections:
Last: 2017. Next by 2022.
Economic Information (2020)
| Type | Bahamas | Canada |
|---|---|---|
| GDP: ($ billion) | 13.26 | 2,200.85 |
| GDP per capita: ($) | 34,450.01 | 57,958.23 |
| GDP growth rate: (%) | -14.52 | -5.31 |
| Inflation: (%) | 0.04 | 0.72 |
| Unemployment: (%) | 25.57 | 9.6 |
Source: IMF (estimates)
Product Trade and Investment (2020)
Canadian exports to country: $151,267,250
Canadian imports from country: $8,056,891
FDI in Canada: $ million
CDI in the country: $20,198 million
Source: Statistics Canada
Representation
Foreign Representation in Canada:
High Commissioner Alfred Kenneth Russell
Canadian Representation Abroad:
High Commissioner Emina Tudakovic
Please note that all statistics reflect Canadian dollars, with some figures reflecting the yearly averages for the year. If listed as ’0’ or absent, the figure is unavailable.
| Year | Exports | Imports |
|---|---|---|
| 2016 | $121,510,976 | $13,634,818 |
| 2017 | $219,340,996 | $12,897,171 |
| 2018 | $399,813,171 | $4,833,583 |
| 2019 | $262,266,473 | $19,278,444 |
| 2020 | $151,267,250 | $8,056,891 |
| Section | Exports | Imports |
|---|---|---|
| 01 Animal & Prod. | $4,393,804 | $318,887 |
| 02 Veg. Prod. | $3,295,376 | $9,909 |
| 03 Fats, Oils & Waxes Prod. | $34,536 | $988 |
| 04 Food Prod. | $6,832,192 | $501 |
| 05 Mineral Prod. | $101,044,773 | $3,759,941 |
| 06 Chemical Prod. | $4,078,580 | $2,376,795 |
| 07 Plastics, Rubber Prod. | $1,032,244 | $1,323 |
| 08 Leather, Fur Prod. | $16,386 | $ |
| 09 Wood Prod. | $1,127,490 | $36 |
| 10 Paper Prod. | $4,965,736 | $60 |
| 11 Textiles Prod. | $160,631 | $22,609 |
| 12 Dress Access. | $24,832 | $236 |
| 13 Glass & Stone Prod. | $203,613 | $168 |
| 14 Precious Metals/stones | $139,514 | $1,041 |
| 15 Base Metal Prod. | $1,194,189 | $16,539 |
| 16 Mach. Mech. Elec. Prod. | $3,933,404 | $50,868 |
| 17 Vehicles and Equip. | $8,081,363 | $529 |
| 18 Specialized Inst. | $594,564 | $3,051 |
| 19 Arms & Ammunition | $ | $ |
| 20 Misc. Articles | $8,796,124 | $5,340 |
| 21 Antiques | $25,115 | $1,452,231 |
October 2021
Sources include: Statistics Canada, IMF
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