BAHAMAS

Bahamas

THE OFFICIAL SALARY IN BAHAMAS IN 2024:

Average salary – 2,000 Bahamian dollars per month ($2,000)

Minimum wage – 6.50 Bahamian dollars per hour ($6.50)

Source: The Government of the Bahamas – bahamas.gov.bs

The Bahamas is an archipelago of approximately 700 islands and coral reefs located north of the Caribbean Sea and Cuba, southeast of the Florida Peninsula.

INFORMATION ABOUT BAHAMAS (2024) 
Population 414.9 thousand
Average life expectancy  76 years
Unemployment rate 9.5%
Inflation  1.3%
Area 13,878 km²
Form of government Constitutional Monarchy
Income tax —
Capital Nassau
Currency Bahamian dollar
Official Language English
Doing Business rank 119
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