Caribbean Stats

Bermuda

Flag Location Map
Introduction - Bermuda
Background
Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Tourism to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. Bermuda has developed into a highly successful offshore financial center. Although a referendum on independence from the UK was soundly defeated in 1995, the present government has reopened debate on the issue.
Geography - Bermuda
Location
North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)
Geographic coordinates
32 20 N, 64 45 W
Map references
North America
Area
total: 54 sq km country comparison to the world: 231 land: 54 sq km water: 0 sq km
Area - comparative
about one-third the size of Washington, DC
Land boundaries
0 km
Coastline
103 km
Maritime claims
territorial sea: 12 nm exclusive fishing zone: 200 nm
Climate
subtropical; mild, humid; gales, strong winds common in winter
Terrain
low hills separated by fertile depressions
Elevation extremes
lowest point: Atlantic Ocean 0 m highest point: Town Hill 76 m
Natural resources
limestone, pleasant climate fostering tourism
Land use
arable land: 20% permanent crops: 0% other: 80% (55% developed, 45% rural/open space) (2005)
Irrigated land
NA
Natural hazards
hurricanes (June to November)
Environment - current issues
sustainable development
Geography - note
consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land was leased by US Government from 1941 to 1995
People - Bermuda
Population
67,837 (July 2009 est.) country comparison to the world: 201
Age structure
0-14 years: 18.3% (male 6,271/female 6,163) 15-64 years: 67.5% (male 22,555/female 23,215) 65 years and over: 14.2% (male 3,979/female 5,654) (2009 est.)
Median age
total: 41.3 years male: 39.9 years female: 42.7 years (2009 est.)
Population growth rate
0.647% (2009 est.) country comparison to the world: 149
Birth rate
11.57 births/1,000 population (2009 est.) country comparison to the world: 171
Death rate
7.3 deaths/1,000 population (July 2009 est.) country comparison to the world: 123
Net migration rate
2.2 migrant(s)/1,000 population (2009 est.) country comparison to the world: 38
Urbanization
urban population: 100% of total population (2008) rate of urbanization: 0.3% annual rate of change (2005-10 est.)
Sex ratio
at birth: 1.02 male(s)/female under 15 years: 1.02 male(s)/female 15-64 years: 0.97 male(s)/female 65 years and over: 0.7 male(s)/female total population: 0.94 male(s)/female (2009 est.)
Infant mortality rate
total: 2.46 deaths/1,000 live births country comparison to the world: 223 male: 2.57 deaths/1,000 live births female: 2.35 deaths/1,000 live births (2009 est.)
Life expectancy at birth
total population: 80.43 years country comparison to the world: 16 male: 77.2 years female: 83.72 years (2009 est.)
Total fertility rate
1.99 children born/woman (2009 est.) country comparison to the world: 130
HIV/AIDS - adult prevalence rate
0.297% (2005) country comparison to the world: 91
HIV/AIDS - people living with HIV/AIDS
163 (2005) country comparison to the world: 161
HIV/AIDS - deaths
392 (2005) country comparison to the world: 100
Nationality
noun: Bermudian(s) adjective: Bermudian
Ethnic groups
black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census)
Religions
Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census)
Languages
English (official), Portuguese
Literacy
definition: age 15 and over can read and write total population: 98% male: 98% female: 99% (2005 est.)
School life expectancy (primary to tertiary education)
total: 13 years male: 13 years female: 14 years (2005)
Education expenditures
1.2% of GDP (2006) country comparison to the world: 177
Government - Bermuda
Country name
conventional long form: none conventional short form: Bermuda former: Somers Islands
Dependency status
overseas territory of the UK
Government type
parliamentary; self-governing territory
Capital
name: Hamilton geographic coordinates: 32 17 N, 64 47 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November
Administrative divisions
9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick
Independence
none (overseas territory of the UK)
National holiday
Bermuda Day, 24 May
Constitution
8 June 1968; amended 1989 and 2003
Legal system
English law
Suffrage
18 years of age; universal
Executive branch
chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor Sir Richard GOZNEY (since 12 December 2007) head of government: Premier Ewart BROWN (since 30 October 2006); Deputy Premier Paula COX cabinet: Cabinet nominated by the premier, appointed by the governor (For more information visit the World Leaders website ) elections: the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor
Legislative branch
bicameral Parliament consists of the Senate (11 seats; members appointed by the governor, the premier, and the opposition) and the House of Assembly (36 seats; members are elected by popular vote to serve up to five-year terms) elections: last general election held 18 December 2007 (next to be held not later than 2012) election results: percent of vote by party - PLP 52.5%, UBP 47.3%; seats by party - PLP 22, UBP 14
Judicial branch
Supreme Court; Court of Appeal; Magistrate Courts
Political parties and leaders
Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [Kim SWAN]
Political pressure groups and leaders
Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES]
International organization participation
Caricom (associate), Interpol (subbureau), IOC, ITUC, UPU, WCO, WFTU
Diplomatic representation in the US
none (overseas territory of the UK)
Diplomatic representation from the US
chief of mission: Consul General Gregory W. SLAYTON consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3 mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, US Department of State, 5300 Hamilton Place, Washington, DC 20520-5300 telephone: [1] (441) 295-1342 FAX: [1] (441) 295-1592, 296-9233
Flag description
red, with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and green shield with a red lion holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag
Economy - Bermuda
Economy - overview
Bermuda enjoys the third highest per capita income in the world more than 50% higher than that of the US. Its economy is primarily based on providing financial services for international business and luxury facilities for tourists. A number of reinsurance companies relocated to the island following the 11 September 2001 attacks and again after Hurricane Katrina in August 2005 contributing to the expansion of an already robust international business sector. Bermuda's tourism industry - which derives over 80% of its visitors from the US - continues to struggle but remains the island's number two industry. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important; the average cost of a house in June 2003 had risen to $976,000. Agriculture is limited with only 20% of the land being arable.
GDP (purchasing power parity)
$4.5 billion (2004 est.) country comparison to the world: 162
GDP (official exchange rate)
$NA
GDP - real growth rate
4.6% (2004 est.) country comparison to the world: 29
GDP - per capita (PPP)
$69,900 (2004 est.) country comparison to the world: 4
GDP - composition by sector
agriculture: 1% industry: 10% services: 89% (2002 est.)
Labor force
38,360 (2004) country comparison to the world: 200
Labor force - by occupation
agriculture and fishing: 3% laborers: 17% clerical: 19% professional and technical: 21% administrative and managerial: 15% sales: 7% services: 19% (2004 est.)
Unemployment rate
2.1% (2004 est.) country comparison to the world: 14
Population below poverty line
19% (2000)
Household income or consumption by percentage share
lowest 10%: NA% highest 10%: NA%
Budget
revenues: $738 million expenditures: $665 million (FY04/05)
Inflation rate (consumer prices)
2.8% (November 2005) country comparison to the world: 87
Market value of publicly traded shares
$NA (31 December 2008) country comparison to the world: 92 $2.731 billion (31 December 2007) $2.704 billion (31 December 2006)
Agriculture - products
bananas, vegetables, citrus, flowers; dairy products, honey
Industries
international business, tourism, light manufacturing
Industrial production growth rate
NA%
Electricity - production
675.6 million kWh (2007 est.) country comparison to the world: 153
Electricity - consumption
628.3 million kWh (2007 est.) country comparison to the world: 154
Electricity - exports
0 kWh (2008 est.)
Electricity - imports
0 kWh (2008 est.)
Oil - production
0 bbl/day (2008 est.) country comparison to the world: 208
Oil - consumption
5,000 bbl/day (2008 est.) country comparison to the world: 167
Oil - exports
0 bbl/day (2007 est.) country comparison to the world: 143
Oil - imports
4,500 bbl/day (2007 est.) country comparison to the world: 162
Oil - proved reserves
0 bbl (1 January 2009 est.) country comparison to the world: 206
Natural gas - production
0 cu m (2008 est.) country comparison to the world: 208
Natural gas - consumption
0 cu m (2008 est.) country comparison to the world: 208
Natural gas - exports
0 cu m (2008 est.) country comparison to the world: 56
Natural gas - imports
0 cu m (2008 est.) country comparison to the world: 82
Natural gas - proved reserves
0 cu m (1 January 2009 est.) country comparison to the world: 204
Exports
$763 million (2006) country comparison to the world: 155
Exports - commodities
reexports of pharmaceuticals
Exports - partners
Brazil 30.7%, US 20.1%, Germany 15.1%, South Africa 11.1%, India 7.3%, UK 4.6%, Austria 4.2% (2008)
Imports
$1.162 billion (2006) country comparison to the world: 164
Imports - commodities
clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals
Imports - partners
Italy 26.2%, US 18%, South Korea 17.3%, UK 8.3%, Singapore 5.3%, France 5.1%, Norway 4.4% (2008)
Debt - external
$160 million (FY99/00) country comparison to the world: 176
Stock of direct foreign investment - at home
$NA (31 December 2009 est.)
Stock of direct foreign investment - abroad
$NA
Exchange rates
Bermudian dollars (BMD) per US dollar - 1.0000 (fixed rate pegged to the US dollar)
Communications - Bermuda
Telephones - main lines in use
57,600 (2008) country comparison to the world: 159
Telephones - mobile cellular
79,000 (2008) country comparison to the world: 188
Telephone system
general assessment: good domestic: fully automatic digital telephone system; fiber optic trunk lines international: country code - 1-441; landing point for the Atlantica-1 telecommunications submarine cable that extends from the US to Brazil; satellite earth stations - 3 (2007)
Radio broadcast stations
AM 5, FM 3, shortwave 0 (2005)
Television broadcast stations
3 (2005)
Internet country code
.bm
Internet hosts
15,548 (2009) country comparison to the world: 107
Internet users
51,000 (2008) country comparison to the world: 169
Transportation - Bermuda
Airports
1 (2009) country comparison to the world: 235
Airports - with paved runways
total: 1 2,438 to 3,047 m: 1 (2009)
Roadways
total: 447 km country comparison to the world: 194 paved: 447 km note: public roads - 225 km; private roads - 222 km (2007)
Merchant marine
total: 137 country comparison to the world: 44 by type: bulk carrier 23, chemical tanker 3, container 22, liquefied gas 33, passenger 24, passenger/cargo 5, petroleum tanker 18, refrigerated cargo 9 foreign-owned: 115 (Australia 1, China 10, France 1, Germany 22, Greece 9, Hong Kong 4, Ireland 1, Israel 3, Japan 2, Nigeria 11, Norway 5, Sweden 20, UK 3, US 23) registered in other countries: 50 (Bahamas 12, Marshall Islands 4, Philippines 34) (2008)
Ports and terminals
Hamilton, Saint George
Military - Bermuda
Military branches
Bermuda Regiment (2008)
Military service age and obligation
18-30 years of age for voluntary or compulsory enlistment in the Bermuda Regiment; males must register at age 18; term of service is 38 months (2009)
Manpower available for military service
males age 16-49: 15,623 (2008 est.)
Manpower fit for military service
males age 16-49: 12,496 females age 16-49: 12,486 (2009 est.)
Manpower reaching militarily significant age annually
male: 426 female: 413 (2009 est.)
Military expenditures
0.11% of GDP (2005 est.) country comparison to the world: 171
Military - note
defense is the responsibility of the UK
Transnational Issues - Bermuda
Disputes - international
none