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Bermuda in the World

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Bermuda - Introduction 2017
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Background: 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.

Geographic coordinates: 32 20 N 64 45 W

Map reference: North America

Area
Total: 54 km²
Land: 54 km²
Water: 0 km²
Rank: 233
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
Mean elevation: NA
Elevation extremes: lowest point: Atlantic Ocean 0 m: highest point: Town Hill 79 m

Natural resources: limestone pleasant climate fostering tourism

Land use
Agricultural land: 14.8%
arable land: 14.8%
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 2017
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Population
Distribution: relatively even population distribution throughout: 70,864 (July 2017 est.)
Rank: 203
Growth rate: 0.45% (2017 est.)
Growth rate rank: 155
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% Brethren 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
0-14 years: 17.04%
15-24 years: 12%
25-54 years: 37.24%
55-64 years: 15.73%
65 years and over: 17.98% (2017 est.)

Dependency ratios

Median age
Total: 43.4 years
Male: 41.5 years
Female: 45.3 years
Rank: 18

Population growth rate: 0.45% (2017 est.)
Rank: 155

Birth rate: 11.3 births/1000 population (2017 est.)
Rank: 173

Death rate: 8.6 deaths/1000 population (2017 est.)
Rank: 75

Net migration rate: 1.8 migrant(s)/1000 population (2017 est.)
Rank: 51

Population distribution: relatively even population distribution throughout

Urbanization
Urban population: 100% of total population
Rate of urbanization: 0.16% annual rate of change

Major urban areas
Population: HAMILTON (capital) 10,000 (2014)

Environment
Current issues: dense population and heavy vehicle traffic create serious pollution problems; water resources scarce (most obtained as rainwater or from wells); there is no sewage treatment on the island

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: 2.5 deaths/1000 live births
Male: 2.6 deaths/1000 live births
Female: 2.4 deaths/1000 live births
Rank: 219

Life expectancy at birth
Total population: 81.4 years
Male: 78.2 years
Female: 84.6 years
Rank: 26

Total fertility rate: 1.93 children born/woman (2017 est.)
Rank: 129

Contraceptive prevalence rate

Drinking water source

Current health expenditure

Physicians density

Hospital bed density

Sanitation facility access

Hivaids
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: 1.7% of GDP (2015)
Rank: 151

Literacy

School life expectancy primary to tertiary education
Total: 12 years
Male: 11 years
Female: 12 years

Youth unemployment


Bermuda - Government 2017
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Country name
Conventional long form: none
Conventional short form: Bermuda
Former: Somers Islands
Etymology: the islands making up Bermuda are named after Juan de BERMUDEZ an early 16th century Spanish sea captain and the first European explorer of the archipelago

Government type: parliamentary democracy (Parliament); self-governing overseas territory of the UK

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; note - formerly known as Victoria Day Empire Day and Commonwealth Day

Constitution: several previous (dating to 1684); latest entered into force 8 June 1968; amended several times last in 2012 (2017)

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 John RANKIN (since 5 December 2016)
Head of government: Premier David BURT
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 18 July 2017
Election results: percent of vote by party - PLP 58.9% OBA 40.6% other 0.5%; seats by party - PLP 24 OBA 12

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 based on terms of appointment
Subordinate courts: commercial court ; magistrates' courts

Political parties and leaders:
One Bermuda Alliance or OBA [interim leader Patricia GORDON-PAMPLIN]
Progressive Labor Party or PLP [David BURT]


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 Mary Ellen KOENIG
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 2017
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Economy overview:
Tourism accounts for about 5% of Bermuda's GDP but a much larger share of employment. Over 80% of its visitors come from the US. The sector struggled in the wake of the global recession of 2008-09. 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.
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 new foreign investment. Bermuda's FY15/16 budget projects a 12% larger deficit than FY14/15. The government announced it would 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.


Real gdp purchasing power parity:
$5.198 billion (2013 est.)
$5.331 billion (2012 est.)
$5.6 billion (2011 est.)

Rank: 171

Real gdp growth rate:
-2.5% (2013 est.)
-4.8% (2012)
-3.5% (2011 est.)

Rank: 206

Real gdp per capita:
$85,700 (2013 est.)
$85,400 (2012 est.)
$86,000 (2011 est.)

Rank: 8

Gross national saving

Gdp composition by end use
Household consumption: 53.7%
Government consumption: 16.3%
Investment in fixed capital: 12.9%
Investment in inventories: 0%
Exports of goods and services: 49.9%
Imports of goods and services: -32.7%

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: 2% (2016 est.)
Rank: 105

Labor force: 33,490 (2014 est.)
Rank: 203
By occupation agriculture: 2%
By occupation industry: 15%
By occupation services: 83%

Unemployment rate:
9% (2014 est.)
7% (2013)

Rank: 116

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: $955.7 million
Expenditures: $1.126 billion
Surplus or deficit: -3.3% of GDP (2016 est.)
Surplus or deficit rank: 128

Taxes and other revenues: 18.4% of GDP (2016 est.)
Rank: 166

Public debt: 43% of GDP (FY14/15)
Rank: 123

Revenue

Fiscal year: 1 April - 31 March

Inflation rate consumer prices:
1.4% (2016 est.)
1.4% (2015 est.)

Rank: 106

Central bank discount rate

Commercial bank prime lending rate

Stock of narrow money:
$3.374 billion (30 September 2014 est.)
$3.422 billion (31 December 2013 est.)

Note: figures do not include US dollars which also circulate freely
Rank: 114

Stock of broad money:
$22.1 billion (30 September 2014 est.)
$25.1 billion (31 December 2013 est.)

Rank: 86

Stock of domestic credit: $N/A

Market value of publicly traded shares:
$1.85 billion (31 December 2015 est.)
$1.601 billion (31 December 2014 est.)
$1.467 billion (31 December 2013 est.)

Rank: 101

Current account balance

Exports:
$19 million (2016 est.)
$20 million (2015 est.)

Rank: 214
Commodities: reexports of pharmaceuticals
Partners: Latvia 33.4% Jamaica 16.6% US 13.7% Nigeria 11.7% Israel 4.7% (2016)

Imports:
$951 million (2016 est.)
$935 million (2015 est.)

Rank: 183
Commodities: clothing fuels machinery and transport equipment construction materials chemicals food and live animals
Partners: US 54.2% Japan 17.9% South Korea 13.7% Canada 4.9% (2016)

Reserves of foreign exchange and gold

Debt external:
$2.435 billion (2015 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.)

Rank: 112

Stock of direct foreign investment abroad:
$889 million (2014 est.)
$N/A (2013 est.)

Rank: 86

Exchange rates:
Bermudian dollars (BMD) per US dollar -
1 (2016 est.)
1 (2015 est.)
1 (2014 est.)
1 (2013 est.)
1 (2012 est.)



Bermuda - Energy 2017
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Electricity
Access electrification total population: 100%
Production: 662 million kWh (2015 est.)
Production rank: 160
Consumption: 615.7 million kWh (2015 est.)
Consumption rank: 167
Exports: 0 kWh (2016 est.)
Exports rank: 105
Imports: 0 kWh (2016 est.)
Imports rank: 123
Installed generating capacity: 171,000 kW (2015 est.)
Installed generating capacity rank: 167
Generation sources fossil fuels: 100% of total installed capacity (2015 est.)
Generation sources fossil fuels rank: 22
Generation sources nuclear: 0% of total installed capacity (2015 est.)
Generation sources nuclear rank: 48
Generation sources hydroelectricity: 0% of total installed capacity (2015 est.)
Generation sources hydroelectricity rank: 163
Generation sources other renewable sources: 0% 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: 213

Coal

Petroleum
Petroleum total petroleum production: 0 bbl/day (2016 est.)
Petroleum total petroleum production rank: 109
Crude oil exports: 0 bbl/day (2014 est.)
Crude oil exports rank: 93
Crude oil imports: 0 bbl/day (2014 est.)
Crude oil imports rank: 98
Crude oil proven reserves: 0 bbl (1 January 2017 es)
Crude oil proven reserves rank: 109

Crude oil

Refined petroleum
Products production: 0 bbl/day (2014 est.)
Products production rank: 119
Products consumption: 3,300 bbl/day (2015 est.)
Products consumption rank: 185
Products exports: 0 bbl/day (2014 est.)
Products exports rank: 133
Products imports: 2,968 bbl/day (2014 est.)
Products imports rank: 180

Natural gas
Production: 0 m³ (2014 est.)
Production rank: 107
Consumption: 0 m³ (2013 est.)
Consumption rank: 157
Exports: 0 m³ (2013 est.)
Exports rank: 67
Imports: 0 m³ (2014 est.)
Imports rank: 90
Proven reserves: 0 m³ (1 January 2014 es)
Proven reserves rank: 114

Carbon dioxide emissions
From consumption of energy: 600,000 Mt (2013 est.)
From consumption of energy rank: 174

Energy consumption per capita


Bermuda - Communication 2017
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Telephones
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 (2015)

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: 69,126
Users percent of population: 98.0%
Users rank: 179

Broadband fixed subscriptions


Bermuda - Military 2017
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Military 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 2017
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National air transport system

Civil aircraft registration country code prefix: VP-B (2016)

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: 42

Ports and terminals
Major seaport: Hamilton Ireland Island Saint George


Bermuda - Transnational issues 2017
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Disputes international: none

Refugees and internally displaced persons

Illicit drugs



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