Chapter 20
Diplomatic representation in the US:
chief of mission: Ambassador Yashar ALIYEV chancery: 2741 34th Street NW, Washington, DC 20008 telephone: [1] (202) 337-3500 FAX: [1] (202) 337-5911 Consulate(s) general: Los Angeles
Diplomatic representation from the US:
chief of mission: Ambassador Anne E. DERSE embassy: 83 Azadlig Prospecti, Baku AZ1007 mailing address: American Embassy Baku, US Department of State, 7050 Baku Place, Washington, DC 20521-7050 telephone: [994] (12) 4980-335 through 337 FAX: [994] (12) 4656-671
Flag description:
three equal horizontal bands of blue (top), red, and green; a crescent and eight-pointed star in white are centered in red band
Economy Azerbaijan
Economy - overview:
Azerbaijan's high economic growth in 2006 and 2007 is attributable to large and growing oil exports. Azerbaijan's oil production declined through 1997, but has registered an increase every year since. Negotiation of production-sharing arrangements (PSAs) with foreign firms, which have committed $60 billion to long-term oilfield development, should generate the funds needed to spur future industrial development. Oil production under the first of these PSAs, with the Azerbaijan International Operating Company, began in November 1997. A consortium of Western oil companies began pumping 1 million barrels a day from a large offshore field in early 2006, through a $4 billion pipeline it built from Baku to Turkey's Mediterranean port of Ceyhan. By 2010 revenues from this project will double the country's current GDP. Azerbaijan shares all the formidable problems of the former Soviet republics in making the transition from a command to a market economy, but its considerable energy resources brighten its long-term prospects. Baku has only recently begun making progress on economic reform, and old economic ties and structures are slowly being replaced. Several other obstacles impede Azerbaijan's economic progress: the need for stepped up foreign investment in the non-energy sector, the continuing conflict with Armenia over the Nagorno-Karabakh region, pervasive corruption, and elevated inflation. Trade with Russia and the other former Soviet republics is declining in importance, while trade is building with Turkey and the nations of Europe. Long-term prospects will depend on world oil prices, the location of new oil and gas pipelines in the region, and Azerbaijan's ability to manage its energy wealth.
GDP (purchasing power parity):
$64.66 billion (2007 est.)
GDP (official exchange rate):
$31.32 billion (2007 est.)
GDP - real growth rate:
23.4% (2007 est.)
GDP - per capita (PPP):
$8,000 (2007 est.)
GDP - composition by sector:
agriculture: 6.2% industry: 63.3% services: 30.5% (2007 est.)
Labor force:
5.243 million (2007 est.)
Labor force - by occupation:
agriculture: 41% industry: 7% services: 52% (2001)
Unemployment rate:
1% official rate (2007 est.)
Population below poverty line:
24% (2005 est.)
Household income or consumption by percentage share:
lowest 10%: 3.1% highest 10%: 29.5% (2001)
Distribution of family income - Gini index:
36.5 (2001)
Investment (gross fixed):
20% of GDP (2007 est.)
Budget:
revenues: $6.755 billion expenditures: $8.572 billion (2007 est.)
Fiscal year:
calendar year
Public debt:
6.7% of GDP (2007 est.)
Inflation rate (consumer prices):
16.7% (2007 est.)
Central bank discount rate:
13% (31 December 2007)
Commercial bank prime lending rate:
19.13% (31 December 2007)
Stock of money:
$4.261 billion (31 December 2007)
Stock of quasi money:
$2.593 billion (31 December 2007)
Stock of domestic credit:
$5.726 billion (31 December 2007)
Agriculture - products:
cotton, grain, rice, grapes, fruit, vegetables, tea, tobacco; cattle, pigs, sheep, goats
Industries:
petroleum and natural gas, petroleum products, oilfield equipment; steel, iron ore; cement; chemicals and petrochemicals; textiles
Industrial production growth rate:
25% (2007 est.)
Electricity - production:
23.8 billion kWh (2007 est.)
Electricity - consumption:
27.5 billion kWh (2007 est.)
Electricity - exports:
800 million kWh (2007 est.)
Electricity - imports:
500 million kWh (2007 est.)
Electricity - production by source:
fossil fuel: 89.7% hydro: 10.3% nuclear: 0% other: 0% (2001)
Oil - production:
1.099 million bbl/day (2008 est.)
Oil - consumption:
160,000 bbl/day (2007 est.)
Oil - exports:
795,600 bbl/day (2007 est.)
Oil - imports:
4,267 bbl/day (2005)
Oil - proved reserves:
7 billion bbl (1 January 2008 est.)
Natural gas - production:
9.77 billion cu m (2007 est.)
Natural gas - consumption:
9.77 billion cu m (2007 est.)
Natural gas - exports:
0 cu m (2007 est.)
Natural gas - imports:
0 cu m (2005)
Natural gas - proved reserves:
849.5 billion cu m (1 January 2008 est.)
Current account balance:
$9.019 billion (2007 est.)
Exports:
$21.27 billion f.o.b. (2007 est.)
Exports - commodities:
oil and gas 90%, machinery, cotton, foodstuffs
Exports - partners:
Turkey 17.4%, Italy 15.5%, Russia 8.7%, Iran 7.2%, Indonesia 6.4%, Israel 6.1%, Georgia 5.7%, US 4.8%, France 4.3% (2007)
Imports:
$6.045 billion f.o.b. (2007 est.)
Imports - commodities:
machinery and equipment, oil products, foodstuffs, metals, chemicals
Imports - partners:
Russia 17.6%, Turkey 10.9%, Germany 8.2%, Ukraine 8.2%, UK 7.2%, Japan 5.2%, China 4.9%, US 4.7% (2007)
Economic aid - recipient:
ODA, $223.4 million (2005 est.)
Reserves of foreign exchange and gold:
$4.273 billion (31 December 2007 est.)
Debt - external:
$2.439 billion (31 December 2007 est.)
Stock of direct foreign investment - at home:
$7.829 billion (2007 est.)
Stock of direct foreign investment - abroad:
$4.912 billion (2007 est.)
Market value of publicly traded shares:
$NA
Currency (code):
Azerbaijani manat (AZN)
Currency code:
AZM
Exchange rates:
Azerbaijani manats (AZN) per US dollar - 0.8581 (2007), 0.8934 (2006), 4,727.1 (2005), 4,913.48 (2004), 4,910.73 (2003) note: on 1 January 2006 Azerbaijan revalued its currency, with 5,000 old manats equal to 1 new manat
Communications Azerbaijan
Telephones - main lines in use:
1.254 million (2007)
Telephones - mobile cellular:
4.3 million (2007)
Telephone system:
general assessment: inadequate; requires considerable expansion and modernization; teledensity of 15 main lines per 100 persons is low; mobile-cellular penetration is increasing and is currently about 50 telephones per 100 persons domestic: fixed-line telephony and a broad range of other telecom services are controlled by a state-owned telecommunications monopoly and growth has been stagnant; more competition exists in the mobile-cellular market with three providers in 2006; satellite service connects Baku to a modern switch in its exclave of Naxcivan international: country code - 994; the old Soviet system of cable and microwave is still serviceable; satellite earth stations - 2 (2007)
Radio broadcast stations:
AM 10, FM 17, shortwave 1 (1998)
Radios:
175,000 (1997)
Television broadcast stations:
2 (1997)
Televisions:
170,000 (1997)
Internet country code:
.az
Internet hosts:
6,995 (2008)
Internet Service Providers (ISPs):
2 (2000)
Internet users:
1.036 million (2007)
Transportation Azerbaijan
Airports:
35 (2007)
Airports - with paved runways:
total: 27 over 3,047 m: 2 2,438 to 3,047 m: 6 1,524 to 2,437 m: 13 914 to 1,523 m: 4 under 914 m: 2 (2007)
Airports - with unpaved runways:
total: 8 914 to 1,523 m: 1 under 914 m: 7 (2007)
Heliports:
1 (2007)
Pipelines:
gas 3,857 km; oil 2,436 km (2007)
Railways:
total: 2,122 km broad gauge: 2,122 km 1.520-m gauge (1,278 km electrified) (2006)
Roadways:
total: 59,141 km paved: 29,210 km unpaved: 29,931 km (2004)
Merchant marine:
total: 89 by type: cargo 26, passenger 2, passenger/cargo 9, petroleum tanker 46, roll on/roll off 3, specialized tanker 3 registered in other countries: 3 (Malta 2, Panama 1) (2008)
Ports and terminals:
Baku (Baki)
Military Azerbaijan
Military branches:
Army, Navy, Air and Air Defense Forces (2008)
Military service age and obligation:
men between 18 and 35 are liable for military service; 18 years of age for voluntary military service; length of military service is 18 months and 12 months for university graduates (2006)
Manpower available for military service:
males age 16-49: 2,278,888 females age 16-49: 2,291,770 (2008 est.)
Manpower fit for military service:
males age 16-49: 1,696,167 females age 16-49: 1,923,556 (2008 est.)
Manpower reaching militarily significant age annually:
male: 94,402 female: 89,686 (2008 est.)
Military expenditures:
2.6% of GDP (2005 est.)
Transnational Issues Azerbaijan
Disputes - international:
Armenia supports ethnic Armenian secessionists in Nagorno-Karabakh and since the early 1990s has militarily occupied 16% of Azerbaijan; over 800,000 mostly ethnic Azerbaijanis were driven from the occupied lands and Armenia; about 230,000 ethnic Armenians were driven from their homes in Azerbaijan into Armenia and Nagorno-Karabakh; Azerbaijan seeks transit route through Armenia to connect to Naxcivan exclave; Organization for Security and Cooperation in Europe (OSCE) continues to mediate dispute; Azerbaijan, Kazakhstan, and Russia have ratified Caspian seabed delimitation treaties based on equidistance, while Iran continues to insist on an even one-fifth allocation and challenges Azerbaijan's hydrocarbon exploration in disputed waters; bilateral talks continue with Turkmenistan on dividing the seabed and contested oilfields in the middle of the Caspian; Azerbaijan and Georgia continue to discuss the alignment of their boundary at certain crossing areas
Refugees and internally displaced persons:
refugees (country of origin): 2,400 (Russia) IDPs: 580,000-690,000 (conflict with Armenia over Nagorno-Karabakh) (2007)
Trafficking in persons:
current situation: Azerbaijan is primarily a source and transit country for men, women, and children trafficked for the purposes of commercial sexual exploitation and forced labor; women and some children from Azerbaijan are trafficked to Turkey and the UAE for the purpose of sexual exploitation; men and boys are trafficked to Russia for the purpose of forced labor; Azerbaijan serves as a transit country for victims from Uzbekistan, Kyrgyzstan, Kazakhstan, and Moldova trafficked to Turkey and the UAE for sexual exploitation tier rating: Tier 2 Watch List - Azerbaijan is on the Tier 2 Watch List for its failure to provide evidence of increasing efforts to combat trafficking in persons, particularly efforts to investigate, prosecute, and punish traffickers; to address complicity among law enforcement personnel; and to adequately identify and protect victims in Azerbaijan; the government has yet to develop a much-needed mechanism to identify potential trafficking victims and refer them to safety and care; poor treatment of trafficking victims in courtrooms continues to be a problem (2008)
Illicit drugs:
limited illicit cultivation of cannabis and opium poppy, mostly for CIS consumption; small government eradication program; transit point for Southwest Asian opiates bound for Russia and to a lesser extent the rest of Europe
This page was last updated on 18 December, 2008
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@Bahamas, The
Introduction Bahamas, The
Background:
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 have prospered through tourism and international banking and investment management. Because of its geography, the country is a major transshipment point for illegal drugs, particularly shipments to the US and Europe, and its territory is used for smuggling illegal migrants into the US.
Geography Bahamas, The
Location:
Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba
Geographic coordinates:
24 15 N, 76 00 W
Map references:
Central America and the Caribbean
Area:
total: 13,940 sq km land: 10,070 sq km water: 3,870 sq km
Area - comparative:
slightly smaller than Connecticut
Land boundaries:
0 km
Coastline:
3,542 km
Maritime claims:
territorial sea: 12 nm exclusive economic zone: 200 nm
Climate:
tropical marine; moderated by warm waters of Gulf Stream
Terrain:
long, flat coral formations with some low rounded hills
Elevation extremes:
lowest point: Atlantic Ocean 0 m highest point: Mount Alvernia, on Cat Island 63 m
Natural resources:
salt, aragonite, timber, arable land
Land use:
arable land: 0.58% permanent crops: 0.29% other: 99.13% (2005)
Irrigated land:
10 sq km (2003)
Total renewable water resources:
NA
Natural hazards:
hurricanes and other tropical storms cause extensive flood and wind damage
Environment - current issues:
coral reef decay; solid waste disposal
Environment - international agreements:
party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands signed, but not ratified: none of the selected agreements
Geography - note:
strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited
People Bahamas, The
Population:
307,451 note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2008 est.)
Age structure:
0-14 years: 26.4% (male 40,608/female 40,506) 15-64 years: 66.9% (male 101,150/female 104,457) 65 years and over: 6.7% (male 8,472/female 12,258) (2008 est.)
Median age:
total: 28.4 years male: 27.6 years female: 29.2 years (2008 est.)
Population growth rate:
0.57% (2008 est.)
Birth rate:
17.06 births/1,000 population (2008 est.)
Death rate:
9.22 deaths/1,000 population (2008 est.)
Net migration rate:
-2.14 migrant(s)/1,000 population (2008 est.)
Sex ratio:
at birth: 1.02 male(s)/female under 15 years: 1 male(s)/female 15-64 years: 0.97 male(s)/female 65 years and over: 0.69 male(s)/female total population: 0.96 male(s)/female (2008 est.)
Infant mortality rate:
total: 23.67 deaths/1,000 live births male: 28.89 deaths/1,000 live births female: 18.34 deaths/1,000 live births (2008 est.)
Life expectancy at birth:
total population: 65.72 years male: 62.5 years female: 69 years (2008 est.)
Total fertility rate:
2.13 children born/woman (2008 est.)
HIV/AIDS - adult prevalence rate:
3% (2003 est.)
HIV/AIDS - people living with HIV/AIDS:
5,600 (2003 est.)
HIV/AIDS - deaths:
fewer than 200 (2003 est.)
Nationality:
noun: Bahamian(s) adjective: Bahamian
Ethnic groups:
black 85%, white 12%, Asian and Hispanic 3%
Religions:
Baptist 35.4%, Anglican 15.1%, Roman Catholic 13.5%, Pentecostal 8.1%, Church of God 4.8%, Methodist 4.2%, other Christian 15.2%, none or unspecified 2.9%, other 0.8% (2000 census)
Languages:
English (official), Creole (among Haitian immigrants)
Literacy:
definition: age 15 and over can read and write total population: 95.6% male: 94.7% female: 96.5% (2003 est.)
Education expenditures:
3.6% of GDP (2000)
Government Bahamas, The
Country name:
conventional long form: Commonwealth of The Bahamas conventional short form: The Bahamas
Government type:
constitutional parliamentary democracy
Capital:
name: Nassau geographic coordinates: 25 05 N, 77 21 W time difference: UTC-5 (same time as Washington, DC during Standard Time) daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November
Administrative divisions:
21 districts; Acklins and Crooked Islands, Bimini, Cat Island, Exuma, Freeport, Fresh Creek, Governor's Harbour, Green Turtle Cay, Harbour Island, High Rock, Inagua, Kemps Bay, Long Island, Marsh Harbour, Mayaguana, New Providence, Nichollstown and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay
Independence:
10 July 1973 (from UK)
National holiday:
Independence Day, 10 July (1973)
Constitution:
10 July 1973
Legal system:
based on English common law
Suffrage:
18 years of age; universal
Executive branch:
chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor General Arthur D. HANNA (since 1 February 2006) head of government: Prime Minister Hubert A. INGRAHAM (since 4 May 2007) cabinet: Cabinet appointed by the governor general on the prime minister's recommendation elections: the monarch is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the governor general; the prime minister recommends the deputy prime minister
Legislative branch:
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 (41 seats; members elected by direct popular vote to serve five-year terms); the government may dissolve the Parliament and call elections at any time elections: last held 2 May 2007 (next to be held by May 2012) election results: percent of vote by party - FNM 49.86%, PLP 47.02%; seats by party - FNM 23, PLP 18
Judicial branch:
Privy Council in London; Courts of Appeal; Supreme (lower) Court; Magistrates' Courts
Political parties and leaders:
Free National Movement or FNM [Hubert INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE]
Political pressure groups and leaders:
Friends of the Environment other: trade unions
International organization participation:
ACP, C, Caricom, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, ITSO, ITU, LAES, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO (observer)
Diplomatic representation in the US:
chief of mission: Ambassador Cornelius A. SMITH chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 319-2660 FAX: [1] (202) 319-2668 consulate(s) general: Miami, New York
Diplomatic representation from the US:
chief of mission: Ambassador Ned L. SIEGEL embassy: 42 Queen Street, Nassau, New Providence mailing address: local or express mail address: P. O. Box N-8197, Nassau; US Department of State, 3370 Nassau Place, Washington, DC 20521-3370 telephone: [1] (242) 322-1181, 328-2206 (after hours) FAX: [1] (242) 328-2206
Flag description:
three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side
Economy Bahamas, The
Economy - overview:
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. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth in recent years, but tourist arrivals have been on the decline since 2006. Financial services constitute the second-most important sector of the Bahamian economy and, when combined with business services, account for about 36% of GDP. However, since December 2000, when the government enacted new regulations on the financial sector, many international businesses have left The Bahamas. Manufacturing and agriculture combined contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector. Tourism, in turn, depends on growth in the US, the source of more than 80% of the visitors.
GDP (purchasing power parity):
$8.553 billion (2007 est.)
GDP (official exchange rate):
$6.586 billion (2007 est.)
GDP - real growth rate:
2.8% (2007 est.)
GDP - per capita (PPP):
$28,000 (2007 est.)
GDP - composition by sector:
agriculture: 3% industry: 7% services: 90% (2001 est.)
Labor force:
181,900 (2006)
Labor force - by occupation:
agriculture 5%, industry 5%, tourism 50%, other services 40% (2005 est.)
Unemployment rate:
7.6% (2006 est.)
Population below poverty line:
9.3% (2004)
Household income or consumption by percentage share:
lowest 10%: NA% highest 10%: 27% (2000)
Budget:
revenues: $1.03 billion expenditures: $1.03 billion (FY04/05)
Fiscal year:
1 July - 30 June
Inflation rate (consumer prices):
2.4% (2007 est.)
Central bank discount rate:
5.25% (31 December 2007)
Commercial bank prime lending rate:
5.5% (31 December 2007)
Stock of money:
$1.274 billion (31 December 2007)
Stock of quasi money:
$4.324 billion (31 December 2007)
Stock of domestic credit:
$7.395 billion (31 December 2007)
Agriculture - products:
citrus, vegetables; poultry
Industries:
tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Industrial production growth rate:
NA%
Electricity - production:
2.05 billion kWh (2007 est.)
Electricity - consumption:
1.793 billion kWh (2006 est.)
Electricity - exports:
0 kWh (2007 est.)
Electricity - imports:
0 kWh (2007 est.)
Electricity - production by source:
fossil fuel: 100% hydro: 0% nuclear: 0% other: 0% (2001)
Oil - production:
0 bbl/day (2007 est.)
Oil - consumption:
26,830 bbl/day (2006 est.)
Oil - exports:
transshipments of 38,740 bbl/day (2005)
Oil - imports:
69,780 bbl/day (2005)
Oil - proved reserves:
0 bbl (1 January 2006 est.)
Natural gas - production:
0 cu m (2007 est.)
Natural gas - consumption:
0 cu m (2007 est.)
Natural gas - exports:
0 cu m (2007 est.)
Natural gas - imports:
0 cu m (2007 est.)
Natural gas - proved reserves:
0 cu m (1 January 2006 est.)
Current account balance:
-$1.442 billion (2007 est.)
Exports:
$674 million (2006)
Exports - commodities:
mineral products and salt, animal products, rum, chemicals, fruit and vegetables
Exports - partners:
US 20.4%, Singapore 15.5%, Spain 14.5%, Poland 14.3%, Germany 6.6%, Guatemala 5.7%, Switzerland 5.2% (2007)
Imports:
$2.401 billion (2006)
Imports - commodities:
machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals
Imports - partners:
US 26.7%, South Korea 14.1%, Japan 13.5%, Italy 7.5%, Singapore 5.2%, Venezuela 4.5%, Spain 4.3% (2007)
Economic aid - recipient:
$4.78 million (2004)
Debt - external:
$342.6 million (2004 est.)
Market value of publicly traded shares:
$NA
Currency (code):
Bahamian dollar (BSD)
Currency code:
BSD
Exchange rates:
Bahamian dollars (BSD) per US dollar - 1 (2007), 1 (2006), 1 (2005), 1 (2004), 1 (2003)
Communications Bahamas, The
Telephones - main lines in use:
132,900 (2007)
Telephones - mobile cellular:
374,000 (2007)
Telephone system:
general assessment: modern facilities domestic: totally automatic system; highly developed; the Bahamas Domestic Submarine Network links 14 of the islands and is designed to satisfy increasing demand for voice and broadband internet services international: country code - 1-242; landing point for the Americas Region Caribbean Ring System (ARCOS-1) fiber-optic submarine cable that provides links to South and Central America, parts of the Caribbean, and the US; satellite earth stations - 2 (2007)
Radio broadcast stations:
AM 3, FM 5, shortwave 0 (2006)
Radios:
215,000 (1997)
Television broadcast stations:
2 (2006)