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 also developed into a highly successful offshore financial center. A referendum on independence from the UK was soundly defeated in 1995.
Climate: subtropical; mild humid; gales strong winds common in winter
Terrain: low hills separated by fertile depressions
GeographyNote: 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
top of pageEthnic groups: black 54.8% white 34.1% mixed 6.4% other races 4.3% unspecified 0.4% (2000 census)
Religions: Protestant 52% (Anglican 23% African Methodist Episcopal 11% other Protestant 18%) Roman Catholic 15% other 12% unaffiliated 6% unspecified 1% none 14% (2000 census)
top of pageAdministrative divisions: 9 parishes and 2 municipalities*; Devonshire Hamilton Hamilton* Paget Pembroke Saint George* Saint George's Sandys Smith's Southampton Warwick
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)
Judicial branch: Supreme Court (Chief Justice and other justices appointed by the governor; remain in office until they reach 65 years of age); Court of Appeal (President of the Court of Appeal and other justices appointed by the governor for a specific period laid out in their respective instruments of appointment); Magistrate Courts
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
top of pageEconomy overview: Bermuda enjoys the fourth highest per capita income in the world more than 50% higher than that of the US; the average cost of a house by the mid-2000s exceeded $1,000,000 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 on the US 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 largely focused on construction and agriculture is limited with only 20% of the land being arable.
Imports: $940 million (2011 est.)
Rank: 177
Commodities: clothing fuels machinery and transport equipment construction materials chemicals food and live animals
Partners: South Korea 43.4% US 16.1% China 9.6% Norway 7.5% Singapore 6.6% (2011)
top of pagetop of pageBroadcast media: 3 TV stations; cable and satellite TV subscription services are available; roughly 10 radio stations operating (2007)
top of pageMilitary 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 subjectt to conscription; term of service is 38 months for volunteers or conscripts (2012)
top of pageBermuda - Transnational issues 2012
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