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Bahamas The Introduction - 2024


SOURCE: 2024 CIA WORLD FACTBOOK

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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. Piracy thrived in the 17th and 18th centuries because of The Bahamas close proximity to shipping lanes. Since attaining independence from the UK in 1973, The Bahamas has prospered through tourism, international banking, and investment management, which comprise up to 85% of GDP. Because of its proximity to the US - the nearest Bahamian landmass being only 80 km (50 mi) from Florida - the country is a major transshipment point for illicit trafficking, particularly to the US mainland, as well as Europe. US law enforcement agencies cooperate closely with The Bahamas, the Drug Enforcement Administration, US Coast Guard, and US Customs and Border Protection assist Bahamian authorities in maritime security and law enforcement through Operation Bahamas, Turks and Caicos, or OPBAT.

NOTE: The information regarding Bahamas The on this page is re-published from the 2024 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Bahamas The 2024 information contained here. All suggestions for corrections of any errors about Bahamas The 2024 should be addressed to the CIA or the source cited on each page.

This page was last modified 04 May 24, Copyright © 2024 ITA all rights reserved.