Economy

 

The Bahamas relies on tourism to generate most of its economic activity. Tourism as an industry not only accounts for over 60% of the Bahamian GDP, but provides jobs for more than half the country's workforce. An example of Tourism in the Bahamas is the number of cruise ships that land in the capital of Nassau. After tourism, the most important economic sector is financial services, accounting for around 15 percent of GDP.

By the terms of GDP per capita, the Bahamas is the third richest country in the Americas (following the United States and Canada), the richest one that lies south of the Mexico - US border as well as the richest one in the world, whose population is predominantly black.