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Bermuda in the World

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Bermuda - Introduction 2019
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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 referenceNorth 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
Note: nm

Climate: subtropical; mild, humid; gales, strong winds common in winter

Terrain: low hills separated by fertile depressions

Elevation
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% (2011 est.)
arable land: 14.8% (2011 est.)
permanent crops: 0% (2011 est.)
permanent pasture: 0% (2011 est.)

Forest: 20% (2011 est.)
Other: 65.2% (2011 est.)

Irrigated land
Note: 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 2019
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Population
Distribution: relatively even population distribution throughout: 71,176 (July 2018 est.)
Rank: 203
Growth rate: 0.43% (2018 est.)
Growth rate rank: 158
Below poverty line: 11% (2008 est.)

Nationality
Noun: Bermudian(s)
Adjective: Bermudian

Ethnic groups: African descent 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: 16.92% (male 6,088 /female 5,957)
15-24 years: 11.95% (male 4,306 /female 4,197)
25-54 years: 36.56% (male 13,049 /female 12,972)
55-64 years: 16.04% (male 5,383 /female 6,034)
65 years and over: 18.53% (male 5,596 /female 7,594) (2018 est.)

Dependency ratios

Median age
Total: 43.5 years (2018 est.)
Male: 41.5 years
Female: 45.4 years
Rank: 18

Population growth rate: 0.43% (2018 est.)
Rank: 158

Birth rate: 11.3 births/1000 population (2018 est.)
Rank: 172

Death rate: 8.7 deaths/1000 population (2018 est.)
Rank: 71

Net migration rate: 1.7 migrant(s)/1000 population (2018 est.)
Rank: 53

Population distribution: relatively even population distribution throughout

Urbanization
Urban population: 100% of total population
Note: (2015-20 est.)
Rate of urbanization: -0.44% annual rate of change

Major urban areas
Population: 10,000 HAMILTON (capital) (2018)

Environment
Current issues: dense population and heavy vehicle traffic create serious congestion and air pollution problems; water resources scarce (most obtained as rainwater or from wells); solid waste disposal; hazardous waste disposal; sewage disposal; overfishing; oil spills

Air pollutants

Sex ratio
At birth: 1.02 male(s)/female
0-14 years: 1.02 male(s)/female
15-24 years: 1.03 male(s)/female
25-54 years: 1.01 male(s)/female
55-64 years: 0.89 male(s)/female
65 years and over: 0.74 male(s)/female
Total population: 0.94 male(s)/female (2018 est.)

Mothers mean age at first birth

Maternal mortality ratio

Infant mortality rate
Total: 2.5 deaths/1000 live births (2018 est.)
Male: 2.6 deaths/1000 live births
Female: 2.4 deaths/1000 live births
Rank: 217

Life expectancy at birth
Total population: 81.5 years (2018 est.)
Male: 78.3 years
Female: 84.7 years
Rank: 26

Total fertility rate: 1.92 children born/woman (2018 est.)
Rank: 128

Contraceptive prevalence rate

Drinking water source

Current health expenditure

Physicians density

Hospital bed density

Sanitation facility access

Hivaids
Adult prevalence rate note: NA
People living with hivaids note: NA
Deaths note: NA

Major infectious diseases

Obesity adult prevalence rate

Alcohol consumption

Tobacco use

Children under the age of 5 years underweight

Education expenditures: 1.5% of GDP (2017)
Rank: 171

Literacy

School life expectancy primary to tertiary education
Total: 12 years
Male: 11 years
Female: 12 years (2015)

Youth unemployment


Bermuda - Government 2019
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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; self-governing overseas territory of the UK

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: etymology: named after Henry HAMILTON (ca. 1734-1796) who served as governor of Bermuda from 1788-1794

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
History: several previous (dating to 1684); latest entered into force 8 June 1968 (Bermuda Constitution Order 1968)
Amendments: proposal procedure - NA; passage by an Order in Council in the UK; amended several times, last in 2012 (2018)

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 (since 6 February 1952); represented by Governor John RANKIN (since 5 December 2016)
Head of government: Premier David BURT (since 19 July 2017)
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:
Senate (11 seats; 3 members appointed by the governor, 5 by the premier, and 3 by the opposition party; members serve 5-year terms) 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)
House of Assembly (36 seats; members directly elected in single-seat constituencies by simple majority vote to serve up to 5-year terms)

Elections:

Senate - last appointments in August 2017 (next appointments in 2022)
House of Assembly - last held on 18 July 2017 (next to be held not later than 2022)

Election results:
Senate - composition - men 7, women 4, percent of women 36.4%
House of Assembly - percent of vote by party - PLP 58.9%, OBA 40.6%, other 0.5%; seats by party - PLP 24, OBA 12; composition - men 28, women 8, percent of women 22.2%; note - total Parliament percent of women 25.5%


Judicial branch
Highest courts: Court of Appeal (consists of the court president and at least 2 justices); 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 (began in 2006); magistrates courts

Political parties and leaders: One Bermuda Alliance or OBA (vacant)Progressive Labor Party or PLP [E. 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 (since 28 November 2015)
From the us telephone: [1] (441) 295-1342
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 FAX: [1] (441) 295-1592, 296-9,233
From the us consulate: Crown Hill, 16 Middle Road, Devonshire DVO3

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
Lyricsmusic: Bette JOHNS: note: serves as a local anthem; as a territory of the United Kingdom, 'God Save the Queen' is official (see United Kingdom)

National heritage


Bermuda - Economy 2019
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Economy overview: International business, which consists primarily of insurance and other financial services, is the real bedrock of Bermuda's economy, consistently accounting for about 85% of the island's GDP. Tourism is the country’s second largest industry, accounting for about 5% of Bermuda's GDP but a much larger share of employment. Over 80% of visitors come from the US and the sector struggled in the wake of the global recession of 2008-09. Even the financial sector 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 returned to negative growth in 2016, reporting a contraction of 0.1% GDP, after growing by 0.6% in 2015. Unemployment reached 7% in 2016 and 2017, public debt is growing and exceeds $2.4 billion, and the government continues to work on attracting foreign investment. Still, Bermuda enjoys one of the highest per capita incomes in the world.

Real gdp purchasing power parity:
$6.127 billion (2016 est.)
$6.133 billion (2015 est.)
$6.097 billion (2014 est.)

Rank: 172

Real gdp growth rate:
-0.1% (2016 est.)
0.6% (2015 est.)
-0.3% (2014 est.)

Rank: 198

Real gdp per capita:
$99,400 (2016 est.)
$95,500 (2015 est.)
$87,500 (2014 est.)

Rank: 6

Gross national saving

Gdp composition by end use
Household consumption: 51.3% (2017 est.)
Government consumption: 15.7% (2017 est.)
Investment in fixed capital: 13.7% (2017 est.)
Investment in inventories: 0% (2017 est.)
Exports of goods and services: 49.8% (2017 est.)
Imports of goods and services: -30.4% (2017 est.)

Gdp composition by sector of origin
Agriculture: 0.9% (2017 est.)
Industry: 5.3% (2017 est.)
Services: 93.8% (2017 est.)

Agriculture products: bananas, vegetables, citrus, flowers; dairy products, honey

Industries: international business, tourism, light manufacturing

Industrial production growth rate: 2% (2017 est.)
Rank: 129

Labor force: 33,480 (2016 est.)
Rank: 202
By occupation agriculture: 2%
By occupation industry: 13%
By occupation services: 85% (2016 est.)

Unemployment rate:
7% (2017 est.)
7% (2016 est.)

Rank: 106

Youth unemployment

Population below poverty line: 11% (2008 est.)

Gini index

Household income or consumption by percentage share

Distribution of family income gini index

Budget
Revenues: 999.2 million (2017 est.)
Expenditures: 1.176 billion (2017 est.)
Surplus or deficit: -2.9% (of GDP) (2017 est.)
Surplus or deficit rank: 127

Taxes and other revenues: 16.3% (of GDP) (2017 est.)
Rank: 183

Public debt: 43% of GDP (FY14/15)
Rank: 117

Revenue

Fiscal year: 1 April - 31 March

Inflation rate consumer prices:
1.9% (2017 est.)
1.4% (2016 est.)

Rank: 96

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: 118

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

Rank: 67

Stock of domestic credit: NA

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: 100

Current account balance:
$818.6 million (2017 est.)
$763 million (2016 est.)

Rank: 53

Exports:
$19 million (2017 est.)
$19 million (2016 est.)

Rank: 210
Partners: Jamaica 49.1%, Luxembourg 36.1%, US 4.9% (2017)
Commodities: reexports of pharmaceuticals

Imports:
$1.094 billion (2017 est.)
$980 million (2016 est.)

Rank: 184
Commodities: clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals
Partners: US 72.1%, South Korea 9.7%, Canada 4.2% (2017)

Reserves of foreign exchange and gold

Debt external:
$2.515 billion (2017 est.)
$2.435 billion (2015 est.)

Rank: 150

Stock of direct foreign investment at home:
$2.641 billion (2014 est.)
$2.664 billion (2013 est.)

Rank: 116

Stock of direct foreign investment abroad:
$889 million (2014 est.)
$835 million (2013 est.)

Rank: 90

Exchange rates:
1 (2017 est.)
1 (2016 est.)
1 (2015 est.)
1 (2014 est.)
1 (2013 est.)



Bermuda - Energy 2019
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Electricity
Access electrification total population: 100% (2016)
Production: 650 million kWh (2016 est.)
Production rank: 159
Consumption: 604.5 million kWh (2016 est.)
Consumption rank: 166
Exports: 0 kWh (2016 est.)
Exports rank: 107
Imports: 0 kWh (2016 est.)
Imports rank: 126
Installed generating capacity: 171,000 kW (2016 est.)
Installed generating capacity rank: 169
Generation sources fossil fuels: 100% of total installed capacity (2016 est.)
Generation sources fossil fuels rank: 3
Generation sources nuclear: 0% of total installed capacity (2017 est.)
Generation sources nuclear rank: 50
Generation sources hydroelectricity: 0% of total installed capacity (2017 est.)
Generation sources hydroelectricity rank: 158
Generation sources other renewable sources:
0% of total installed capacity (2017 est.)
note: the Tynes Bay Waste Treatment Facility turns waste to electric energy

Generation sources other renewable sources rank: 176

Coal

Petroleum
Petroleum total petroleum production: 0 bbl/day (2018 est.)
Petroleum total petroleum production rank: 111
Crude oil exports: 0 bbl/day (2015 est.)
Crude oil exports rank: 94
Crude oil imports: 0 bbl/day (2015 est.)
Crude oil imports rank: 97
Crude oil proven reserves: 0 bbl (1 January 2018 est.)
Crude oil proven reserves rank: 107

Crude oil

Refined petroleum
Products production: 0 bbl/day (2017 est.)
Products production rank: 119
Products consumption: 5,000 bbl/day (2016 est.)
Products consumption rank: 178
Products exports: 0 bbl/day (2015 est.)
Products exports rank: 131
Products imports: 3,939 bbl/day (2015 est.)
Products imports rank: 178

Natural gas
Production: 0 m³ (2017 est.)
Production rank: 105
Consumption: 0 m³ (2017 est.)
Consumption rank: 122
Exports: 0 m³ (2017 est.)
Exports rank: 70
Imports: 0 m³ (2017 est.)
Imports rank: 92
Proven reserves: 0 m³ (1 January 2014 est.)
Proven reserves rank: 111

Carbon dioxide emissions
From consumption of energy: 793,700 Mt (2017 est.)
From consumption of energy rank: 174

Energy consumption per capita


Bermuda - Communication 2019
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Telephones
Fixed lines total subscriptions: 21,883
Fixed lines subscriptions per 100 inhabitants: 31 (2017 est.)
Fixed lines rank: 173
Mobile cellular total subscriptions: 64,997
Mobile cellular subscriptions per 100 inhabitants: 92 (2017 est.)
Mobile cellular rank: 198

Telephone system
General assessment: a good, fully automatic digital telephone system with fiber-optic trunk lines; telecom sector provides a relatively high contribution to overall GDP; numerous competitors licensed, but small and localized (2018)
Domestic: the system has a high fixed-line teledensity 31 per 100, coupled with a mobile-cellular teledensity of roughly 92 per 100 persons (2018)
International: country code - 1-441; landing points for the GlobeNet, Gemini Bermuda, CBUS, and the CB-1 submarine cables to the Caribbean, South America and the US; satellite earth stations - 3 (2019)

Broadcast media: 3 TV stations; cable and satellite TV subscription services are available; roughly 13 radio stations operating

Internet
Country code: .bm
Users total: 69,126
Users percent of population: 98% (July 2016 est.)
Users rank: 180

Broadband fixed subscriptions


Bermuda - Military 2019
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Military expenditures

Military and security forces: Royal Bermuda Regiment (2019)

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 2019
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National air transport system

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

Airports: 1 (2013)
Rank: 214
With paved runways total: 1 (2019)
With paved runways 2438 to 3047 m: 1

Heliports

Pipelines

Railways

Roadways
Total: 447 km (2010)
Paved: 447 km (2010): note: 225 km public roads; 222 km private roads
Rank: 191

Waterways

Merchant marine
Total: 160
By type: bulk carrier 6, container ship 11, general cargo 1, oil tanker 19, other 123 (2018)
Rank: 68

Ports and terminals
Major seaport: Hamilton, Ireland Island, Saint George


Bermuda - Transnational issues 2019
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Disputes international: none

Refugees and internally displaced persons

Illicit drugs



Economy Bookings


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