The Bahamas’ economy is service-based, driven by tourism and financial services, with limited contributions from agriculture and manufacturing. Government policies focus on sustainable tourism and disaster resilience, particularly in response to hurricanes. Regulatory frameworks are robust but face scrutiny over financial transparency. Society enjoys relatively high living standards, though inequality is a concern. Education systems are strong, aligning with the needs of the tourism and financial sectors. Climate risks, particularly hurricanes and rising sea levels, pose significant challenges. Healthcare services are accessible but costly, with reliance on external providers for advanced care.
