Located southeast of Florida and north of Cuba, the Bahamas occupies a strategic position at the northern edge of the Caribbean basin.

Formerly a British colony, the Bahamas developed into a service-based economy centered on tourism and financial services, with strong external linkages.

Lucayan settlement

British colonial rule

Independence

Expansion of tourism and finance

Climate vulnerability and regulatory pressure

The Bahamian economy relies heavily on tourism and financial services. Governance is stable, but exposure to hurricanes and sea-level rise poses systemic risks.

Long-term resilience depends on climate adaptation, diversification beyond tourism, and maintaining regulatory credibility in global finance.