
Bermuda in the World
Bermuda - Introduction 2014
top of pageBackground: Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Self-governing since 1620 Bermuda is the oldest and most populous of the British overseas territories. Vacationing 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 also developed into a highly successful offshore financial center. A referendum on independence from the UK was soundly defeated in 1995.
Bermuda - Geography 2014
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
Area
Rank: 232
Land: 54 km²
Water: 0 km²
Comparative: about one-third the size of Washington DC
Land boundaries: 0 km
Coastline: 103 km
Maritime claims
Exclusive fishing zone: 200 nm
Climate: subtropical; mild humid; gales strong winds common in winter
Terrain: low hills separated by fertile depressions
Elevation
Extremes highest point: Town Hill 76 m
Natural resources: limestone pleasant climate fostering tourism
Land use
Land use
Permanent crops: 0%
Other: 85.2% (55% developed 45% rural/open space) (2011)
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 the US Government from 1941 to 1995
Bermuda - People 2014
top of pagePopulation: 69,839 (July 2014 est.)
Rank: 204
Growth rate: 0.52% (2014 est.)
Growth rate rank: 154
Below poverty line: 11% (2008 est.)
Nationality
Adjective: Bermudian
Ethnic groups: black 53.8% white 31% mixed 7.5% other 7.1% unspecified 0.6% (2010 est.)
Languages: English (official) Portuguese
Religions: Protestant 46.1% (Anglican 15.8% African Methodist Episcopal 8.6% Seventh Day Adventist 6.7 Pentecostal 3.5% Methodist 2.7% Presbyterian 2.0 % Church of God 1.6% Baptist 1.2% Salvation Army 1.1% Bretheren 1.0% other Protestant 2.0%) Roman Catholic 14.5% Jehovah's Witness 1.3% other Christian 9.1% Muslim 1% other 3.9% none 17.8% unspecified 6.2% (2010 est.)
Demographic profile
Age structure
Age structure
15-24 years: 12.2% (male 4,275/female 4,267)
25-54 years: 39.3% (male 13,706/female 13,741)
55-64 years: 14.6% (male 4,813/female 5,368)
65 years and over: 16.4% (male 4,821/female 6,652) (2014 est.)
Dependency ratios
Median age
Male: 41.1 years
Female: 44.6 years (2014 est.)
Population growth rate: 0.52% (2014 est.)
Rank: 154
Birth rate: 11.35 births/1000 population (2014 est.)
Rank: 173
Death rate: 8.06 deaths/1000 population (2014 est.)
Rank: 97
Net migration rate: 1.92 migrant(s)/1000 population (2014 est.)
Rank: 49
Population distribution
Urbanization
Rate of urbanization: 0.19% annual rate of change (2010-15 est.)
Major urban areas
Population: HAMILTON (capital) 11,000 (2011)
Environment
Current issues: sustainable development
Air pollutants
Sex ratio
0-14 years: 1.02 male(s)/female
15-24 years: 1 male(s)/female
25-54 years: 1 male(s)/female
55-64 years: 0.94 male(s)/female
65 years and over: 0.72 male(s)/female
Total population: 0.94 male(s)/female (2014 est.)
Mothers mean age at first birth
Maternal mortality ratio
Infant mortality rate
Rank: 222
Male: 2.58 deaths/1000 live births
Female: 2.37 deaths/1000 live births (2014 est.)
Life expectancy at birth
Rank: 23
Male: 77.83 years
Female: 84.31 years (2014 est.)
Total fertility rate: 1.95 children born/woman (2014 est.)
Rank: 133
Contraceptive prevalence rate
Drinking water source
Current health expenditure
Physicians density
Hospital bed density
Sanitation facility access
Hiv/Aids
Adult prevalence rate: 0.3% (2005 est.)
Adult prevalence rate rank: 89
People living with hivaids: 163 (2005 est.)
People living with hivaids rank: 165
Deaths: 392 (2005 est.)
Deaths rank: 99
Major infectious diseases
Obesity adult prevalence rate
Alcohol consumption
Tobacco use
Children under the age of 5 years underweight
Education expenditures: 2.6% of GDP (2010)
Rank: 151
Literacy
Total population: 98%
Male: 98%
Female: 99% (2005 est.)
School life expectancy primary to tertiary education
Male: 11 years
Female: 13 years (2011)
Youth unemployment
Bermuda - Government 2014
top of pageCountry name
Conventional short form: Bermuda
Former: Somers Islands
Government type: parliamentary; self-governing territory
Capital
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: several previous (dating to 1684); latest entered into force 8 June 1968; amended several times last in 2003 (2013)
Legal system: English common law
International law organization participation: has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt
Citizenship
Suffrage: 18 years of age; universal
Executive branch
Head of government: Premier Michael DUNKLEY (since 20 May 2014)
Cabinet: Cabinet nominated by the premier appointed by the governor
Elections: the monarchy is hereditary; governor appointed by the monarch; following legislative elections the leader of the majority party or the leader of the majority coalition 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 to serve a five-year term) and the House of Assembly (36 seats; members are elected by popular vote to serve up to five-year terms)
Elections: last held on 17 December 2012 (next to be held not later than 2017)
Election results: percent of vote by party - OBA 51.7% PLP 46.1% other 2.2%; seats by party - OBA 19 PLP 17
Judicial branch: note - the Judicial Committee of the Privy Council in London is the court of last resort
Judge selection and term of office: Court of Appeal justice appointed by the governor; justice tenure by individual appointment; Supreme Court judges nominated by the Judicial and Legal Services Commission and appointed by the governor; judge tenure NA
Subordinate courts: commercial court (began in 2006); magistrates' courts
Political parties and leaders: Progressive Labor Party or PLP [Marc BEAN]; One Bermuda Alliance or OBA [Thad HOLLIS]
International organization participation: Caricom (associate) ICC (NGOs) Interpol (subbureau) IOC ITUC (NGOs) UPU WCO
Diplomatic representation
In the us: none (overseas territory of the UK)
From the us consulate 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 296-9,233
Flag description: red with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (a white shield with a red lion standing on a green grassy field holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag; it was the shipwreck of the vessel filled with English colonists originally bound for Virginia that led to settling of Bermuda
National symbols: red lion
National anthem
Lyrics and music: Bette JOHNS
National heritage
Bermuda - Economy 2014
top of pageEconomy overview: Despite four years of recession and a public debt of $1.4 billion Bermuda enjoys the fourth highest per capita income in the world about 70% higher than that of the US. The average cost of a single-family home in 2012 was $1.1 million. Its economy is primarily based on international business and the provision of financial services to that sector and to a lesser extent tourism. A number of reinsurance companies relocated to the island following the 11 September 2001 attacks on the US and again after Hurricanes Katrina Rita and Wilma in 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 and has dropped in its relevant importance to the economy although it is still important as a job creator. Bermuda must import almost everything. Agriculture is limited due to the small size of the island and Bermuda's industrial sector is small.
Real gdp purchasing power parity: $5.803 billion (2010 est.)
Rank: 169
Real gdp growth rate: -3.5% (2011)
Rank: 214
Real gdp per capita: $86,000 (2011 est.)
Rank: 4
Gross national saving
Gdp composition by sector of origin
Gdp composition by end use
Government consumption: 15%
Investment in fixed capital: 23.3%
Investment in inventories: 0%
Exports of goods and services: 64.8%
Imports of goods and services: -32.5%: (2013 est.)
Gdp composition by sector of origin
Industry: 5.7%
Services: 93.5% (2013 est.)
Agriculture products: bananas vegetables citrus flowers; dairy products honey
Industries: international business tourism light manufacturing
Industrial production growth rate: 1% (2013 est.)
Rank: 149
Labor force: 37,400 (2011)
Rank: 200
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: 8% (2012 est.)
Rank: 87
Youth unemployment
Population below poverty line: 11% (2008 est.)
Gini index
Household income or consumption by percentage share
Highest 10: NA%
Distribution of family income gini index
Budget
Expenditures: $1.115 billion (FY11/12)
Surplus or deficit: -2.5% of GDP (FY11/12 est.)
Surplus or deficit rank: 101
Taxes and other revenues: 17.4% of GDP (FY11/12 est.)
Rank: 178
Public debt
Revenue
Fiscal year: 1 April - 31 March
Inflation rate consumer prices: 2.4% (2012 est.)
Rank: 56
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:
$1.436 billion (31 December 2011)
$1.535 billion (31 December 2010 est.)
$1.535 billion (31 December 2010 est.)
Rank: 95
Current account balance
Exports: $12 million (2012 est.)
Rank: 209
Commodities: reexports of pharmaceuticals
Partners: Australia 17% US 14.8% Indonesia 12.6% (2012)
Imports: $900 million (2012 est.)
Rank: 179
Commodities: clothing fuels machinery and transport equipment construction materials chemicals food and live animals
Partners: South Korea 46.2% US 21% Singapore 9.9% China 7% Turkmenistan 4.8% (2012)
Reserves of foreign exchange and gold
Debt external: $1.4 billion (2012 est.)
Rank: 151
Stock of direct foreign investment at home: $N/A
Stock of direct foreign investment abroad: $N/A
Exchange rates:
Bermudian dollars (BMD) per US dollar -
1 (2013 est.)
1 (2012 est.)
1 (2013 est.)
1 (2012 est.)
Bermuda - Energy 2014
top of pageElectricity
Production: 675 million kWh (2011 est.)
Production rank: 156
Consumption: 638.4 million kWh (2010 est.)
Consumption rank: 163
Exports: 0 kWh (2012 est.)
Exports rank: 103
Imports: 0 kWh (2012 est.)
Imports rank: 118
Installed generating capacity: 165,000 kW (2011 est.)
Installed generating capacity rank: 162
Generation sources fossil fuels: 98.2% of total installed capacity (2012 est.)
Generation sources fossil fuels rank: 56
Generation sources nuclear: 0% of total installed capacity (2012 est.)
Generation sources nuclear rank: 46
Generation sources hydroelectricity: 0% of total installed capacity (2012 est.)
Generation sources hydroelectricity rank: 158
Generation sources other renewable sources: 1.8% of total installed capacity
Generation sources other renewable sources rank: 74
Coal
Petroleum
Petroleum total petroleum production: 0 bbl/day (2012 est.)
Petroleum total petroleum production rank: 152
Crude oil exports: 0 bbl/day (2010 est.)
Crude oil exports rank: 82
Crude oil imports: 0 bbl/day (2010 est.)
Crude oil imports rank: 158
Crude oil proven reserves: 0 bbl (1 January 2013 est.)
Crude oil proven reserves rank: 106
Crude oil
Refined petroleum
Products production: 0 bbl/day (2012 est.)
Products production rank: 121
Products consumption: 2,747 bbl/day (2012 est.)
Products consumption rank: 185
Products exports: 0 bbl/day (2012 est.)
Products exports rank: 152
Products imports: 2,747 bbl/day (2012 est.)
Products imports rank: 173
Natural gas
Production: 0 m³ (2012 est.)
Production rank: 101
Consumption: 0 m³ (2012 est.)
Consumption rank: 120
Exports: 0 m³ (2012 est.)
Exports rank: 63
Imports: 0 m³ (2012 est.)
Imports rank: 158
Proven reserves: 0 m³ (1 January 2013 est.)
Proven reserves rank: 112
Carbon dioxide emissions
From consumption of energy: 776,900 Mt (2011 est.)
Energy consumption per capita
Bermuda - Communication 2014
top of pageTelephones
Main lines in use: 69,000 (2012)
Main lines in use rank: 156
Mobile cellular: 91,000 (2012)
Mobile cellular rank: 195
Telephone system
Domestic: the system has a high fixed-line teledensity coupled with a mobile-cellular teledensity of roughly 125 per 100 persons
International: country code - 1-441; landing points for the GlobeNet Gemini Bermuda CBUS and the Challenger Bermuda-1 (CB-1) submarine cables; satellite earth stations - 3 (2010)
Broadcast media: 3 TV stations; cable and satellite TV subscription services are available; roughly 13 radio stations operating (2012)
Internet
Country code: .bm
Hosts: 20,040 (2012)
Hosts rank: 119
Users: 54,000 (2009)
Users rank: 173
Broadband fixed subscriptions
Bermuda - Military 2014
top of pageMilitary expenditures
Military and security forces
Military service age and obligation: 18-45 years of age for voluntary male or female enlistment in the Bermuda Regiment; males must register at age 18 and may be subject to conscription; term of service is 38 months for volunteers or conscripts (2012)
Space program
Terrorist groups
Bermuda - Transportation 2014
top of pageNational air transport system
Civil aircraft registration country code prefix
Airports: 1 (2013)
Rank: 212
With paved runways 2438 to 3047 m: 1 (2013)
Heliports
Pipelines
Railways
Roadways
Rank: 197
Paved: 447 km
Waterways
Merchant marine
Rank: 41
By type: bulk carrier 22 chemical tanker 3 container 14 liquefied gas 43 passenger 27 passenger/cargo 2 petroleum tanker 19 refrigerated cargo 9
Foreign owned: 105 (France 1 Germany 14 Greece 8 Hong Kong 4 Ireland 1 Israel 3 Japan 2 Monaco 2 Nigeria 11 Norway 5 Sweden 14 UK 14 US 26)
Registered in other countries: 241 (Bahamas 15 Cyprus 1 France 5 Greece 3 Hong Kong 20 Isle of Man 7 Liberia 4 Malta 15 Marshall Islands 35 Netherlands 1 Norway 24 Panama 27 Philippines 47 Saint Vincent and the Grenadines 1 Singapore 25 UK 6 US 5) (2010)
Ports and terminals
Bermuda - Transnational issues 2014
top of pageDisputes international: none
Refugees and internally displaced persons
Illicit drugs
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