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Bermuda (2008)

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Bermuda 2008 year

Administrative divisions 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick
Age structure 0-14 years: 18.3% (male 6,094/female 6,014)

15-64 years: 69.2% (male 22,696/female 23,094)

65 years and over: 12.5% (male 3,597/female 4,668) (2007 est.)
Agriculture - products bananas, vegetables, citrus, flowers; dairy products, honey
Airports 1 (2007)
Airports - with paved runways total: 1

2,438 to 3,047 m: 1 (2007)
Area total: 53.3 sq km

land: 53.3 sq km

water: 0 sq km
Area - comparative about one-third the size of Washington, DC
Background 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 developed into a highly successful offshore financial center. Although a referendum on independence from the UK was soundly defeated in 1995, the present government has reopened debate on the issue.
Birth rate 11.26 births/1,000 population (2007 est.)
Budget revenues: $738 million

expenditures: $665 million (FY04/05)
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
Climate subtropical; mild, humid; gales, strong winds common in winter
Coastline 103 km
Constitution 8 June 1968; amended 1989 and 2003
Country name conventional long form: none

conventional short form: Bermuda

former: Somers Islands
Death rate 7.84 deaths/1,000 population (2007 est.)
Debt - external $160 million (FY99/00)
Dependency status overseas territory of the UK
Diplomatic representation from the US chief of mission: Consul General Gregory W. SLAYTON

consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3

mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, US Department of State, 5300 Hamilton Place, Washington, DC 20520-5300

telephone: [1] (441) 295-1342

FAX: [1] (441) 295-1592, [1] (441) 296-9233
Diplomatic representation in the US none (overseas territory of the UK)
Disputes - international none
Economic aid - recipient $90,000 (2004)
Economy - overview Bermuda enjoys the highest per capita income in the world, more than 50% higher than that of the US. 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 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 small, although construction continues to be important; the average cost of a house in June 2003 had risen to $976,000. Agriculture is limited with only 20% of the land being arable.
Electricity - consumption 574.8 million kWh (2005)
Electricity - exports 0 kWh (2005)
Electricity - imports 0 kWh (2005)
Electricity - production 618 million kWh (2005)
Elevation extremes lowest point: Atlantic Ocean 0 m

highest point: Town Hill 76 m
Environment - current issues sustainable development
Ethnic groups black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census)
Exchange rates Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar)
Executive branch chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor Sir Richard GOZNEY (since 12 December 2007)

head of government: Premier Ewart BROWN (since 30 October 2006); Deputy Premier Paula COX

cabinet: Cabinet nominated by the premier, appointed by the governor

elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor
Exports 0 kWh (2005)
Exports $763 million (2006)
Exports 0 cu m (2005 est.)
Exports 0 bbl/day (2005)
Exports - commodities reexports of pharmaceuticals
Exports - partners Spain 35.3%, UK 15.7%, Brazil 9.1%, Sweden 7.5% (2006)
Fiscal year 1 April - 31 March
Flag description red, with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and green shield with a red lion holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag
GDP - composition by sector agriculture: 1%

industry: 10%

services: 89% (2002 est.)
GDP - real growth rate 4.6% (2004 est.)
Geographic coordinates 32 20 N, 64 45 W
Geography - note consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land was leased by US Government from 1941 to 1995
Household income or consumption by percentage share lowest 10%: NA%

highest 10%: NA%
Imports 0 kWh (2005)
Imports $1.162 billion (2006)
Imports 0 cu m (2005)
Imports 4,250 bbl/day (2004)
Imports - commodities clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals
Imports - partners US 71.8%, Venezuela 6.9%, Canada 6.6% (2006)
Independence none (overseas territory of the UK)
Industrial production growth rate NA%
Industries international business, tourism, light manufacturing
Infant mortality rate total: 8.08 deaths/1,000 live births

male: 9.58 deaths/1,000 live births

female: 6.56 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 2.8% (November 2005)
International organization participation Caricom (associate), Interpol (subbureau), IOC, ITUC, UPU, WCO
Irrigated land NA
Judicial branch Supreme Court; Court of Appeal; Magistrate Courts
Labor force 38,360 (2004)
Labor force - by occupation agriculture and fishing 3%, laborers 17%, clerical 19%, professional and technical 21%, administrative and managerial 15%, sales 7%, services 19% (2004 est.)
Land boundaries 0 km
Land use arable land: 20%

permanent crops: 0%

other: 80% (55% developed, 45% rural/open space) (2005)
Languages English (official), Portuguese
Legal system English law
Legislative branch bicameral Parliament consists of the Senate (11 seats; members appointed by the governor, the premier, and the opposition) and the House of Assembly (36 seats; members are elected by popular vote to serve up to five-year terms)

elections: last general election held 18 December 2007 (next to be held not later than 2012)

election results: percent of vote by party - PLP 52.5%, UBP 47.3%; seats by party - PLP 22, UBP 14
Life expectancy at birth total population: 78.13 years

male: 76 years

female: 80.29 years (2007 est.)
Literacy definition: age 15 and over can read and write

total population: 98%

male: 98%

female: 99% (2005 est.)
Location North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)
Map references North America
Maritime claims territorial sea: 12 nm

exclusive fishing zone: 200 nm
Merchant marine total: 133 ships (1000 GRT or over) 8,366,999 GRT/8,615,385 DWT

by type: bulk carrier 24, container 22, liquefied gas 30, passenger 23, passenger/cargo 5, petroleum tanker 15, refrigerated cargo 10, roll on/roll off 4

foreign-owned: 126 (Australia 4, Belgium 3, China 10, France 1, Germany 21, Greece 3, Hong Kong 4, Ireland 1, Israel 3, Japan 1, Nigeria 11, Norway 5, Singapore 1, Sweden 15, UK 20, US 23)

registered in other countries: 50 (Bahamas 12, Croatia 2, Marshall Islands 5, Philippines 31) (2007)
Military - note defense is the responsibility of the UK
Military branches no regular military forces; Bermuda Police Service, Bermuda Reserve Constabulary, Bermuda Regiment
Military expenditures - percent of GDP 0.11% (2005 est.)
National holiday Bermuda Day, 24 May
Nationality noun: Bermudian(s)

adjective: Bermudian
Natural hazards hurricanes (June to November)
Natural resources limestone, pleasant climate fostering tourism
Net migration rate 2.34 migrant(s)/1,000 population (2007 est.)
Political parties and leaders Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [Wayne FURBERT]
Political pressure groups and leaders Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES]
Population 66,163 (July 2007 est.)
Population below poverty line 19% (2000)
Population growth rate 0.576% (2007 est.)
Radio broadcast stations AM 5, FM 3, shortwave 0 (2005)
Religions Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census)
Sex ratio at birth: 1.02 male(s)/female

under 15 years: 1.013 male(s)/female

15-64 years: 0.983 male(s)/female

65 years and over: 0.771 male(s)/female

total population: 0.959 male(s)/female (2007 est.)
Suffrage 18 years of age; universal
Telephone system general assessment: good

domestic: fully automatic digital telephone system; fiber-optic trunk lines

international: country code - 1-441; landing point for the Atlantica-1 telecommunications submarine cable that extends from the US to Brazil; satellite earth stations - 3 (2007)
Telephones - main lines in use 57,700 (2006)
Telephones - mobile cellular 60,100 (2006)
Television broadcast stations 3 (2005)
Terrain low hills separated by fertile depressions
Total fertility rate 1.88 children born/woman (2007 est.)
Unemployment rate 2.1% (2004 est.)
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