Legend:
Definition of Term
 Arranged
by Countries Field Listing
| 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. A referendum
on independence was soundly defeated in 1995. |
| Location: |
North America, group of islands in the North Atlantic Ocean, east
of North Carolina (US) |
| Geographic
coordinates: |
32 20 N, 64 45 W |
| Map
references: |
North America |
| Area: |
total: 53.3 sq km
water: 0 sq km
land: 53.3 sq km |
| Area
- comparative: |
about one-third the size of Washington, DC |
| Land
boundaries: |
0 km |
| Coastline: |
103 km |
| Maritime
claims: |
exclusive fishing zone: 200 NM
territorial
sea: 12 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: 0%
permanent crops: 0%
other: 100% (55% developed, 45% rural/open space) (1998
est.) |
| Irrigated
land: |
NA sq km |
| Natural
hazards: |
hurricanes (June to November) |
| Environment
- current issues: |
asbestos disposal; water pollution; preservation of open space;
sustainable development |
| Geography
- note: |
consists of about 138 coral islands and islets with ample rainfall,
but no rivers or freshwater lakes; some land, reclaimed and otherwise,
was leased by US Government from 1941 to 1995
|
| Population: |
63,960 (July 2002 est.) |
| Age
structure: |
0-14 years: 19.2% (male 6,058; female 6,225)
15-64 years: 69.4% (male 21,950; female 22,442)
65
years and over: 11.4% (male 3,163; female 4,122) (2002 est.)
|
| Population
growth rate: |
0.69% (2002 est.) |
| Birth
rate: |
11.82 births/1,000 population (2002 est.) |
| Death
rate: |
7.49 deaths/1,000 population (2002 est.) |
| Net
migration rate: |
2.61 migrant(s)/1,000 population (2002 est.) |
| Sex
ratio: |
at birth: 0.94 male(s)/female
under 15 years:
0.97 male(s)/female
15-64 years: 0.98 male(s)/female
65 years and over: 0.77 male(s)/female
total
population: 0.95 male(s)/female (2002 est.) |
| Infant
mortality rate: |
9.28 deaths/1,000 live births (2002 est.) |
| Life
expectancy at birth: |
total population: 77.3 years
female: 79.27
years (2002 est.)
male: 75.21 years |
| Total
fertility rate: |
1.81 children born/woman (2002 est.) |
| HIV/AIDS
- adult prevalence rate: |
NA% |
| HIV/AIDS
- people living with HIV/AIDS: |
NA |
| HIV/AIDS
- deaths: |
NA |
| Nationality: |
noun: Bermudian(s)
adjective: Bermudian
|
| Ethnic
groups: |
black 58%, white 36%, other 6% |
| Religions: |
non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%,
other 19% |
| Languages: |
English (official), Portuguese |
| Literacy: |
definition: age 15 and over can read and write
total population: 98%
male: 98%
female:
99% (1970 est.)
|
| Country
name: |
conventional long form: none
conventional
short form: Bermuda
former: Somers Islands |
| Dependency
status: |
overseas territory of the UK |
| Government
type: |
parliamentary British overseas territory with internal self-government
|
| Capital: |
Hamilton |
| 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 |
| 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 John VEREKER (since NA April
2002)
head of government: Premier Jennifer SMITH (since
10 November 1998)
cabinet: Cabinet nominated by the
premier, appointed by the governor
elections: none;
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 (an 11-member body
appointed by the governor, the premier, and the opposition) and
the House of Assembly (40 seats; members are elected by popular
vote to serve five-year terms)
elections: last general
election held 9 November 1998 (next to be held NA November 2003)
election results: percent of vote by party - PLP 54%,
UBP 44%, NLP 1%, independents 1%; seats by party - PLP 26, UBP
14 |
| Judicial
branch: |
Supreme Court; Court of Appeal; Magistrate Courts |
| Political
parties and leaders: |
National Liberal Party or NLP [Dessaline WALDRON]; Progressive
Labor Party or PLP [Jennifer SMITH]; United Bermuda Party or UBP
[Chairman Wayne FURBERT] |
| Political
pressure groups and leaders: |
Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union
or BIU [Derrick BURGESS]; Bermuda Public Services Association
or BPSA [leader NA]; Bermuda Union of Teachers [Michael CHARLES]
|
| International
organization participation: |
Caricom (observer), CCC, ICFTU, Interpol (subbureau), IOC |
| Diplomatic
representation in the US: |
none (overseas territory of the UK) |
| Diplomatic
representation from the US: |
chief of mission: Consul General Denis Patrick COLEMAN,
Jr.
consulate(s) general: Crown Hill, 16 Middle Road,
Devonshire DVQ3
mailing address: P. O. Box HM325,
Hamilton HMBX; American Consulate General Hamilton, Department
of State, 5300 Hamilton Place, Washington, DC 20520-5300
telephone: [1] (441) 295-1342
FAX: [1] (441)
295-1592, [1] (441) 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
- overview: |
Bermuda enjoys one of the highest per capita incomes in the world,
with its economy primarily based on providing financial services
for international business and luxury facilities for tourists.
The effects of 11 September 2001 have had both positive and negative
ramifications for Bermuda. On the positive side, a number of new
reinsurance companies have located on the island, contributing
to the expansion of an already robust international business sector.
On the negative side, Bermuda's already weakening tourism industry
- which derives over 80% of its visitors from the US - has been
further hit as American tourists have chosen not to travel. Most
capital equipment and food must be imported, with the US serving
as the primary source of goods, followed by the UK. Bermuda's
industrial sector is small, although construction continues to
be important. Agriculture is limited, only 6% of the land being
arable. |
| GDP: |
purchasing power parity - $2.2 billion (2001 est.) |
| GDP
- real growth rate: |
2.9% (2001 est.) |
| GDP
- per capita: |
purchasing power parity - $34,800 (2001 est.) |
| GDP
- composition by sector: |
agriculture: 1%
industry: 10%
services:
89% (1995 est.) |
| Population
below poverty line: |
NA% |
| Household
income or consumption by percentage share: |
lowest 10%: NA%
highest 10%: NA% |
| Inflation
rate (consumer prices): |
3% (July 2001) |
| Labor
force: |
37,472 (2000) |
| Labor
force - by occupation: |
clerical 22%, services 20%, laborers 17%, professional and technical
17%, administrative and managerial 13%, sales 8%, agriculture
and fishing 3% (2000 est.) |
| Unemployment
rate: |
4.5% (1993) |
| Budget: |
revenues: $609.5 million
expenditures:
$574.6 million, including capital expenditures of $54.8 million
(FY00/01) |
| Industries: |
tourism, international business, light manufacturing |
| Industrial
production growth rate: |
NA% |
| Electricity
- production: |
595 million kWh (2000) |
| Electricity
- production by source: |
fossil fuel: 100%
hydro: 0%
other:
0% (2000)
nuclear: 0% |
| Electricity
- consumption: |
553.35 million kWh (2000) |
| Electricity
- exports: |
0 kWh (2000) |
| Electricity
- imports: |
0 kWh (2000) |
| Agriculture
- products: |
bananas, vegetables, citrus, flowers; dairy products |
| Exports: |
$51 million (2000) |
| Exports
- commodities: |
reexports of pharmaceuticals |
| Exports
- partners: |
EU excluding UK 77.9%, US 9.8%, UK 6.9% (1999) |
| Imports: |
$719 million (2000) |
| Imports
- commodities: |
machinery and transport equipment, construction materials, chemicals,
food and live animals |
| Imports
- partners: |
EU excluding UK 35.4%, US 17.8%, UK 15.4%, Russia 14.6% (1999)
|
| Debt
- external: |
$145 million (FY99/00) |
| Economic
aid - recipient: |
$NA |
| Currency: |
Bermudian dollar (BMD) |
| Currency
code: |
BMD |
| Exchange
rates: |
Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to
the US dollar) |
| Fiscal
year: |
1 April - 31 March
|
| Railways: |
0 km |
| Highways: |
total: 450 km
paved: 450 km
note:
public roads - 209 km; private roads - 241 km (2002)
unpaved:
0 km |
| Waterways: |
none |
| Ports
and harbors: |
Hamilton, Saint George's, Dockyard |
| Merchant
marine: |
total: 102 ships (1,000 GRT or over) totaling 5,485,450
GRT/8,782,869 DWT
note: includes some foreign-owned
ships registered here as a flag of convenience: Croatia 5, Denmark
2, Germany 1, Greece 1, Hong Kong 9, Indonesia 1, Norway 2, Sweden
11, United Kingdom 52, United States 13 (2002 est.)
ships
by type: bulk 28, cargo 4, container 16, liquefied gas 6,
passenger 3, petroleum tanker 17, refrigerated cargo 16, roll
on/roll off 9, short-sea passenger 3 |
| Airports: |
1 (2002) |
| Airports
- with paved runways: |
total: 1
2,438 to 3,047 m: 1 (2002)
|
| Disputes
- international: |
none | |
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