
Bermuda in the World
Bermuda - Introduction 2007
top of pageBackground: 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.
Bermuda - Geography 2007
top of pageLocation: North America group of islands in the North Atlantic Ocean east of South Carolina (US)
Geographic coordinates: 32 20 N 64 45 W
Map reference: North America
Area
Total: 53.3 km²
Land: 53.3 km²
Water: 0 km²
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
Extremes highest point: Town Hill 76 m
Natural resources: limestone pleasant climate fostering tourism
Land use
Land use
Arable land: 20%
Permanent crops: 0%
Other: 80% (55% developed, 45% rural/open space) (2005)
Irrigated land: NA
Major rivers
Major watersheds area km²
Total water withdrawal
Total renewable water resources
Natural hazards: hurricanes (June to November)
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
Bermuda - People 2007
top of pagePopulation: 66,163 (July 2007 est.)
Growth rate: 0.576% (2007 est.)
Below poverty line: 19% (2000)
Nationality
Noun: Bermudian
Adjective: Bermudian
Ethnic groups: black 54.8% white 34.1% mixed 6.4% other races 4.3% unspecified 0.4% (2000 census)
Languages: English (official) Portuguese
Religions: Anglican 23% Roman Catholic 15% African Methodist Episcopal 11% other Protestant 18% other 12% unaffiliated 6% unspecified 1% none 14% (2000 census)
Demographic profile
Age structure
Age structure
0-14 years: 18.3% (male 6,094/female 6,014)
15-64 years: 69.2% (male 22,696/female 23,094)
65 years and over: 12.5% (male 3,597/female 4,668) (2007 est.)
Dependency ratios
Median age
Total: 40.6 years
Male: 39.7 years
Female: 41.4 years (2007 est.)
Population growth rate: 0.576% (2007 est.)
Birth rate: 11.26 births/1000 population (2007 est.)
Death rate: 7.84 deaths/1000 population (2007 est.)
Net migration rate: 2.34 migrant(s)/1000 population (2007 est.)
Population distribution
Urbanization
Major urban areas
Environment
Current issues: sustainable development
Air pollutants
Sex ratio
At birth: 1.02 male/female
Under 15 years: 1.013 male/female
15-64 years: 0.983 male/female
65 years and over: 0.771 male/female
Total population: 0.959 male/female (2007 est.)
Mothers mean age at first birth
Maternal mortality ratio
Infant mortality rate
Total: 8.08 deaths/1000 live births
Male: 9.58 deaths/1000 live births
Female: 6.56 deaths/1000 live births (2007 est.)
Life expectancy at birth
Total population: 78.13 years
Male: 76 years
Female: 80.29 years (2007 est.)
Total fertility rate: 1.88 children born/woman (2007 est.)
Contraceptive prevalence rate
Drinking water source
Current health expenditure
Physicians density
Hospital bed density
Sanitation facility access
Hiv/Aids
Adult prevalence rate: 0.297% (2005)
People living with hivaids: 163 (2005)
Deaths: 392 (2005)
Major infectious diseases
Obesity adult prevalence rate
Alcohol consumption
Tobacco use
Children under the age of 5 years underweight
Education expenditures
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
Youth unemployment
Bermuda - Government 2007
top of pageCountry name
Conventional long form: none
Conventional short form: Bermuda
Former: Somers Islands
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
Dependent areas
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
International law organization participation
Citizenship
Suffrage: 18 years of age; universal
Executive branch
Chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Acting Governor Mark CAPES (since 12 October 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
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
Elections: last general election held 24 July 2003 (next to be held not later than July 2008)
Election results: percent of vote by party - PLP 51.7%, UBP 48%; 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 [Wayne FURBERT]
International organization participation: Caricom (associate) Interpol (subbureau) IOC ITUC UPU WCO
Diplomatic representation
In the us: none (overseas territory of the UK)
From the us chief of mission: Consul General Gregory W. SLAYTON
From the us consulates general: Crown Hill, 16 Middle Road, Devonshire DVO3
From the us mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, US Department of State, 5,300 Hamilton Place, Washington, DC 20,520-5,300
From the us telephone: [1] (441) 295-1342
From the us fax: [1] (441) 295-1592, [1] (441) 296-9,233
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
National symbols
National anthem
National heritage
Bermuda - Economy 2007
top of pageEconomy overview: Bermuda enjoys the 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.
Real gdp purchasing power parity: $4.5 billion (2004 est.)
Real gdp growth rate: 4.6% (2004 est.)
Real gdp per capita: $69,900 (2004 est.)
Gross national saving
Gdp composition by sector of origin
Gdp composition by end use
Gdp composition by sector of origin
Agriculture: 1%
Industry: 10%
Services: 89% (2002 est.)
Agriculture products: bananas vegetables citrus flowers; dairy products honey
Industries: international business tourism light manufacturing
Industrial production growth rate: NA%
Labor force: 38,360 (2004)
By occupation agriculture and fishing: 3%
By occupation laborers: 17%
By occupation clerical: 19%
By occupation professional and technical: 21%
By occupation administrative and managerial: 15%
By occupation sales: 7%
By occupation services: 19% (2004 est.)
Labor force
Unemployment rate: 2.1% (2004 est.)
Youth unemployment
Population below poverty line: 19% (2000)
Gini index
Household income or consumption by percentage share
Lowest 10: NA%
Highest 10: NA%
Distribution of family income gini index
Budget
Revenues: $738 million
Expenditures: $665 million (FY04/05)
Taxes and other revenues
Public debt
Revenue
Fiscal year: 1 April - 31 March
Inflation rate consumer prices: 2.8% (November 2005)
Central bank discount rate
Commercial bank prime lending rate
Stock of narrow money
Stock of broad money
Stock of domestic credit
Market value of publicly traded shares: $2.125 billion (2005)
Current account balance
Exports: $1.469 billion (2004 est.)
Commodities: reexports of pharmaceuticals
Partners: Spain 31.6% UK 16.6% Brazil 9.6% Sweden 7.9% (2006)
Imports: $982 million (2004 est.)
Commodities: clothing fuels machinery and transport equipment construction materials chemicals food and live animals
Partners: US 71.8% Venezuela 6.9% Canada 6.6% (2006)
Reserves of foreign exchange and gold
Debt external: $160 million (FY99/00)
Stock of direct foreign investment at home: $NA
Stock of direct foreign investment abroad: $NA
Exchange rates: Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar)
Bermuda - Energy 2007
top of pageElectricity
Production: 618 million kWh (2005)
Consumption: 574.8 million kWh (2005)
Exports: 0 kWh (2005)
Imports: 0 kWh (2005)
Coal
Petroleum
Crude oil
Refined petroleum
Natural gas
Production: 0 m³ (2005 est.)
Consumption: 0 m³ (2005 est.)
Carbon dioxide emissions
Energy consumption per capita
Bermuda - Communication 2007
top of pageTelephones
Main lines in use: 57,700 (2006)
Mobile cellular: 60,100 (2006)
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)
Broadcast media
Internet
Country code: .bm
Hosts: 2,949 (2007)
Users: 42,000 (2005)
Broadband fixed subscriptions
Bermuda - Military 2007
top of pageMilitary expenditures
Percent of gdp: 0.11% (2005 est.)
Military and security forces
Military service age and obligation: 18-23 years of age; eligible men required to register for conscription as needed into the Bermuda Regiment which is largely voluntary; term of service 39 months (2007)
Space program
Terrorist groups
Bermuda - Transportation 2007
top of pageNational air transport system
Civil aircraft registration country code prefix
Airports: 1 (2007)
With paved runways total: 1
With paved runways 2438 to 3047 m: 1 (2007)
Heliports
Pipelines
Railways
Roadways
Total: 447 km
Paved: 447 km
Note: public roads - 225 km; private roads - 222 km (2002)
Waterways
Merchant marine
Total: 133 ships (1000 GRT or over) 8,366,999 GRT/8,615,385 DWT
By type: bulk carrier 24, container 22, liquefied gas 30, passenger 23, passenger/cargo 5, petroleum tanker 15, refrigerated cargo 10, roll on/roll off 4
Foreign owned: 126 (Australia 4, Belgium 3, China 10, France 1, Germany 21, Greece 3, Hong Kong 4, Ireland 1, Israel 3, Japan 1, Nigeria 11, Norway 5, Singapore 1, Sweden 15, UK 20, US 23)
Registered in other countries: 50 (Bahamas 12, Croatia 2, Marshall Islands 5, Philippines 31) (2007)
Ports and terminals: Hamilton Saint George
Bermuda - Transnational issues 2007
top of pageDisputes international: none
Refugees and internally displaced persons
Illicit drugs
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