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TIEA TIES

The Bahamas signed its 4th Tax Information Exchange Agreement with the United Kingdom on October 29, 2009. The term”United Kingdom”means Great Britain and Northern Ireland, including any area outside the territorial sea of the United Kingdom designated under its laws. The UK is also an active member of the EU, although it chose to remain outside the Economic and Monetary Union.

United Kingdon

Population

62,348,447(July 2010 est.)

country comparison to the world: 22

Area:

total: 243,610 sq km

country comparison to the world: 79

land: 241,930 sq km

water: 1,680 sq km

GDP(purchasing power parity):

$2.123 trillion(2009 est.)

country comparison to the world: 7

$2.234 trillion(2008 est.)

$2.237 trillion(2007 est.)

note: data are in 2009 US dollars

Exports:

$356.2 billion(2009 est.)

country comparison to the world: 10

Imports:

$483.9 billion(2009 est.)

country comparison to the world: 7

Industries:

machine tools, electric power equipment, automation equipment, railroad equipment, shipbuilding, aircraft, motor vehicles and parts, electronics and communications equipment, metals, chemicals, coal, petroleum, paper and paper products, food processing, textiles, clothing, other consumer goods

Commonwealth of The Bahamas

Population

310,426(July 2010 est.)

country comparison to the world: 177

Area

total: 13,880 sq km

country comparison to the world: 160

land: 10,010 sq km

water: 3,870 sq km

GDP(Purchasing Power Parity)

$8.791 billion(2009 est.)

country comparison to the world: 151

note: data are in 2009 US dollars

GDP-per capita(PPP):

$28,600(2009 est.)

country comparison to the world: 47

Exports

$674 million(2006)

country comparison to the world: 163

Imports

$2.401 billion(2006)

country comparison to the world: 147

Industries

tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe

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