
Bermuda in the World
Bermuda - Introduction 2015
top of pageBackground: Bermuda was first settled in 1609 by shipwrecked English colonists heading 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 2015
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: 54 km²
Land: 54 km²
Water: 0 km²
Rank: 232
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
Agricultural land: 14.8%
arable land: 14.8%
permanent crops: 0%
permanent pasture: 0%
permanent crops: 0%
permanent pasture: 0%
Forest: 20%
Other: 65.2%
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 2015
top of pagePopulation: 70,196 (July 2015 est.)
Rank: 204
Growth rate: 0.5% (2015 est.)
Growth rate rank: 159
Below poverty line: 11% (2008 est.)
Nationality
Noun: Bermudian
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 46.2% (includes 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
0-14 years: 17.31%
15-24 years: 12.21%
25-54 years: 38.56%
55-64 years: 15%
65 years and over: 16.92% (2015 est.)
Dependency ratios
Median age
Total: 43.1 years
Male: 41.2 years
Female: 44.9 years
Population growth rate: 0.5% (2015 est.)
Rank: 159
Birth rate: 11.33 births/1000 population (2015 est.)
Rank: 174
Death rate: 8.23 deaths/1000 population (2015 est.)
Rank: 85
Net migration rate: 1.88 migrant(s)/1000 population (2015 est.)
Rank: 53
Population distribution
Urbanization
Urban population: 100% of total population
Rate of urbanization: 0.19% annual rate of change
Major urban areas
Population: HAMILTON (capital) 10,000 (2014)
Environment
Current issues: sustainable development
Air pollutants
Sex ratio
At birth: 1.02 male/female
0-14 years: 1.02 male/female
15-24 years: 1.01 male/female
25-54 years: 1 male/female
55-64 years: 0.89 male/female
65 years and over: 0.73 male/female
Total population: 0.94 male/female
Mothers mean age at first birth
Maternal mortality ratio
Infant mortality rate
Total: 2.48 deaths/1000 live births
Male: 2.58 deaths/1000 live births
Female: 2.37 deaths/1000 live births
Rank: 219
Life expectancy at birth
Total population: 81.15 years
Male: 77.94 years
Female: 84.42 years
Rank: 25
Total fertility rate: 1.95 children born/woman (2015 est.)
Rank: 130
Contraceptive prevalence rate
Drinking water source
Current health expenditure
Physicians density
Hospital bed density
Sanitation facility access
Hiv/Aids
Adult prevalence rate: NA
People living with hivaids: NA
Deaths: NA
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
School life expectancy primary to tertiary education
Total: 12 years
Male: 11 years
Female: 13 years
Youth unemployment
Bermuda - Government 2015
top of pageCountry name
Conventional long form: none
Conventional short form: Bermuda
Former: Somers Islands
Etymology: the islands making up Bermuda are named after Juan de BERMUDEZ a Spanish sea captain and the first European explorer of the archipelago in the early 16th century
Government type: parliamentary; self-governing territory
Capital
Name: Hamilton
Geographic coordinates: 32 17 N 64 47 W
Time difference: UTC-4
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 (2015)
Legal system: English common law
International law organization participation: has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt
Citizenship
Citizenship by birth: no
Citizenship by descent only: at least one parent must be a citizen of the UK
Dual citizenship recognized: yes
Residency requirement for naturalization: 10 years
Suffrage: 18 years of age; universal
Executive branch
Chief of state: Queen ELIZABETH II ; represented by Governor George FERGUSSON (since 23 May 2012)
Head of government: Premier Michael DUNKLEY
Cabinet: Cabinet nominated by the premier appointed by the governor
Electionsappointments: the monarchy is hereditary; governor appointed by the monarch; following legislative elections the leader of the majority party or majority coalition usually appointed premier by the governor
Legislative branch
Description: bicameral Parliament consists of the Senate and the House of Assembly (36 seats; members directly elected in single-seat constituencies by simple majority vote to serve up to 5-year terms)
Elections: last held on 17 December 2012
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
Highest resident court: Court of Appeal ; Supreme Court (consists of the chief justice 4 puisne judges and 1 associate justice); note - the Judicial Committee of the Privy Council in London is the court of final appeal
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 ; magistrates' courts
Political parties and leaders:
One Bermuda Alliance or OBA [Thad HOLLIS]
Progressive Labor Party or PLP [Marc BEAN]
Progressive Labor Party or PLP [Marc BEAN]
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 chief of mission: Consul General Robert SETTJE
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] 295-1342
From the us FAX: [1] 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 the settling of Bermuda
Note: the flag is unusual in that it is only British overseas territory that uses a red ensign all others use blue
National symbols: red lion
National anthem
Name: 'Hail to Bermuda'
Lyrics and music: Bette JOHNS
Note: serves as a local anthem; as a territory of the United Kingdom 'God Save the Queen' is official
National heritage
Bermuda - Economy 2015
top of pageEconomy overview: Bermuda's economy entered its seventh straight year of recession in 2015. Unemployment is 9% public debt is growing and exceeds $2.3 billion the government pension fund faces a $2.4 billion shortfall and the economy has not attracted significant amounts of new foreign investment. Bermuda's FY 2015-16 budget proposal projects a 12% larger deficit than FY14/15. The government announced it would have to borrow $125 million in 2015 to meet current operating expenses. Still Bermuda enjoys the fourth highest per capita income in the world about 70% higher than that of the US. Tourism which derives over 80% of its visitors from the US accounts for 5.2% of GDP but a much larger share of employment. Tourism has struggled in the wake of the global recession of 2008. International business which consists primarily of reinsurance and other financial services is the real bedrock of Bermuda's economy consistently accounting for about 85% of the island's GDP. Even this sector however has lost roughly 5,000 high-paying expatriate jobs since 2008 weighing heavily on household consumption and retail sales. Bermuda must import almost everything. Agriculture and industry are limited due to the small size of the island.
Real gdp purchasing power parity:
$5.198 billion (2013 est.)
$5.331 billion (2012 est.)
$5.6 billion (2011 est.)
$5.331 billion (2012 est.)
$5.6 billion (2011 est.)
Rank: 174
Real gdp growth rate:
-2.5% (2013 est.)
-4.8% (2012)
-3.5% (2011 est.)
-4.8% (2012)
-3.5% (2011 est.)
Rank: 218
Real gdp per capita:
$85,700 (2013 est.)
$85,400 (2012)
$86,000 (2011 est.)
$85,400 (2012)
$86,000 (2011 est.)
Rank: 5
Gross national saving
Gdp composition by sector of origin
Gdp composition by end use
Household consumption: 53.1%
Government consumption: 17.3%
Investment in fixed capital: 10.6%
Investment in inventories: 0.9%
Exports of goods and services: 51.3%
Imports of goods and services: -33.3%: (2014 est.)
Gdp composition by sector of origin
Agriculture: 0.8%
Industry: 5.8%
Services: 93.4%
Agriculture products: bananas vegetables citrus flowers; dairy products honey
Industries: international business tourism light manufacturing
Industrial production growth rate: 0.7% (2014 est.)
Rank: 144
Labor force: 33,490 (2014 est.)
Rank: 204
By occupation agriculture: 2%
By occupation industry: 15%
By occupation services: 83%
Labor force
Unemployment rate:
9% (2014 est.)
7% (2013)
7% (2013)
Rank: 105
Youth unemployment
Population below poverty line: 11% (2008 est.)
Gini index
Household income or consumption by percentage share
Lowest 10: NA%
Highest 10: NA%
Distribution of family income gini index
Budget
Revenues: $867.8 million
Expenditures: $1.104 billion
Surplus or deficit: -4.5% of GDP (2014 est.)
Surplus or deficit rank: 165
Taxes and other revenues: 16.7% of GDP (2014 est.)
Rank: 181
Public debt: 43% of GDP (FY14/15)
Rank: 94
Revenue
Fiscal year: 1 April - 31 March
Inflation rate consumer prices:
2% (2014 est.)
1.8% (2013 est.)
1.8% (2013 est.)
Rank: 104
Central bank discount rate
Commercial bank prime lending rate
Stock of narrow money:
$3.374 billion (30 September 2014)
$3.422 billion (31 December 2013)
$3.422 billion (31 December 2013)
Note: figures do not include US dollars which also circulate freely
Rank: 113
Stock of broad money:
$22.1 billion (30 September 2014)
$25.1 billion (31 December 2013)
$25.1 billion (31 December 2013)
Rank: 86
Stock of domestic credit: $N/A
Market value of publicly traded shares:
$1.487 billion (31 December 2012 est.)
$1.436 billion (31 December 2011)
$1.535 billion (31 December 2010 est.)
$1.436 billion (31 December 2011)
$1.535 billion (31 December 2010 est.)
Rank: 103
Current account balance
Exports:
$11 million (2014 est.)
$13 million (2013 est.)
$13 million (2013 est.)
Rank: 215
Commodities: reexports of pharmaceuticals
Partners: Indonesia 8.5% US 8.1% (2014)
Imports:
$968 million (2014 est.)
$1.012 billion (2013 est.)
$1.012 billion (2013 est.)
Rank: 181
Commodities: clothing fuels machinery and transport equipment construction materials chemicals food and live animals
Partners: South Korea 56.5% US 17.9% Singapore 9% Turkmenistan 5.5% China 5.2% (2014)
Reserves of foreign exchange and gold
Debt external:
$2.435 billion (2015 est.)
$1.4 billion (2012 est.)
$1.4 billion (2012 est.)
Rank: 147
Stock of direct foreign investment at home:
$2.641 billion (2014 est.)
$2.664 billion (2013 est.)
$2.664 billion (2013 est.)
Rank: 105
Stock of direct foreign investment abroad:
$889 million (2014 est.)
$N/A (2013 est.)
$N/A (2013 est.)
Rank: 83
Exchange rates:
Bermudian dollars (BMD) per US dollar -
1 (2014 est.)
1 (2013 est.)
1 (2012 est.)
1 (2014 est.)
1 (2013 est.)
1 (2012 est.)
Bermuda - Energy 2015
top of pageElectricity
Production: 648.9 million kWh (2014 est.)
Production rank: 159
Consumption: 664.2 million kWh (2013 est.)
Consumption rank: 166
Exports: 0 kWh (2013 est.)
Exports rank: 105
Imports: 0 kWh (2013 est.)
Imports rank: 120
Installed generating capacity: 167,400 kW (2014 est.)
Installed generating capacity rank: 163
Generation sources fossil fuels: 98.2% of total installed capacity (2014 est.)
Generation sources fossil fuels rank: 54
Generation sources nuclear: 0% of total installed capacity (2014 est.)
Generation sources nuclear rank: 49
Generation sources hydroelectricity: 0% of total installed capacity (2014 est.)
Generation sources hydroelectricity rank: 161
Generation sources other renewable sources: 1.8% of total installed capacity
Generation sources other renewable sources note: the Tynes Bay Waste Treatment Facility turns waste to electric energy
Generation sources other renewable sources rank: 84
Coal
Petroleum
Petroleum total petroleum production: 0 bbl/day (2014 est.)
Petroleum total petroleum production rank: 108
Crude oil exports: 0 bbl/day (2015 est.)
Crude oil exports rank: 99
Crude oil imports: 0 bbl/day (2014 est.)
Crude oil imports rank: 160
Crude oil proven reserves: 0 bbl (1 January 2015 est.)
Crude oil proven reserves rank: 107
Crude oil
Refined petroleum
Products production: 0 bbl/day (2012 est.)
Products production rank: 157
Products consumption: 4,600 bbl/day (2013 est.)
Products consumption rank: 174
Products exports: 0 bbl/day (2014 est.)
Products exports rank: 153
Products imports: 889.3 bbl/day (2015 est.)
Products imports rank: 200
Natural gas
Production: 0 m³ (2014 est.)
Production rank: 157
Consumption: 0 m³ (2013 est.)
Consumption rank: 118
Exports: 0 m³ (2013 est.)
Exports rank: 61
Imports: 0 m³ (2014 est.)
Imports rank: 161
Proven reserves: 0 m³ (1 January 2014 est.)
Proven reserves rank: 112
Carbon dioxide emissions
From consumption of energy: 614,200 Mt (2012 est.)
From consumption of energy rank: 175
Energy consumption per capita
Bermuda - Communication 2015
top of pageTelephones
Fixed lines total subscriptions: 29,200
Fixed lines subscriptions per 100 inhabitants: 42
Fixed lines rank: 173
Mobile cellular total: 59,500
Mobile cellular subscriptions per 100 inhabitants: 85
Mobile cellular rank: 201
Telephone system
General assessment: a good fully automatic digital telephone system with fiber-optic trunk lines
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 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
Users total: 68,300
Users percent of population: 97.8%
Users rank: 179
Broadband fixed subscriptions
Bermuda - Military 2015
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 2015
top of pageNational air transport system
Civil aircraft registration country code prefix
Airports: 1 (2013)
Rank: 212
With paved runways total: 1
With paved runways 2438 to 3047 m: 1
Heliports
Pipelines
Railways
Roadways
Total: 447 km
Paved: 447 km
Note: 225 km public roads; 222 km private roads
Rank: 198
Waterways
Merchant marine
Total: 139
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
Registered in other countries: 241 (2010)
Rank: 41
Ports and terminals
Major seaport: Hamilton Ireland Island Saint George
Bermuda - Transnational issues 2015
top of pageDisputes international: none
Refugees and internally displaced persons
Illicit drugs
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