<P> The Bahamas is a stable , developing nation with an economy heavily dependent on tourism and offshore banking . Steady growth in tourism receipts and a boom in construction of new hotels , resorts , and residences had led to solid GDP growth for many years , but the slowdown in the US economy and the attacks of September 11 , 2001 held back growth in these sectors in 2001 - 03 . Financial services constitute the second-most important sector of the Bahamian economy , accounting for about 15 % of GDP . However , since December 2000 , when the government enacted new regulations on the financial sector , many international businesses have left The Bahamas . Manufacturing and agriculture together contribute approximately a tenth of GDP and show little growth , despite government incentives aimed at those sectors . Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector , which depends on growth in the US , the source of more than 80 % of the visitors . In addition to tourism and banking , the government supports the development of a `` 2nd - pillar '' , e-commerce . </P>
<P> The Bahamas is a stable , developing nation with an economy heavily dependent on tourism and offshore banking . Steady growth in tourism receipts and a boom in construction of new hotels , resorts , and residences had led to solid GDP growth for many years , but the slowdown in the US economy and the attacks of September 11 , 2001 held back growth in these sectors in 2001 - 03 . Financial services constitute the second-most important sector of the Bahamian economy , accounting for about 15 % of GDP . However , since December 2000 , when the government enacted new regulations on the financial sector , many international businesses have left The Bahamas . Manufacturing and agriculture together contribute approximately a tenth of GDP and show little growth , despite government incentives aimed at those sectors . Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector , which depends on growth in the US , the source of more than 80 % of the visitors . In addition to tourism and banking , the government supports the development of a `` 2nd - pillar '' , e-commerce . </P>
what are the main industries driving the economy of the bahamas
what are the main industries driving the economy of the bahamas
tourism offshore banking
tourism offshore banking