Most important branches of manufacturing are transport equipment and food products. Aluminium and iron ore are also main sources of export revenue. Manufacturing is dependent on petroleum and other mineral refineries. Bahamas 0.25 3.2 -1.3 Service industry is the principal source of economy. Is one of the world's biggest shipping nations.
Tourism is predominant.
Banking is the 2nd most important economic activity. The manufacturing industry is based on food products. The services sectors employs half of the population and tourism is important. 18.3 -0.5 Has tight US economic blockade. Since 1994's departure from the traditional command economy, new investment laws permit other nations to invest in ventures.