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 Bermuda (2001)Bermuda (2002)
 BermudaBermuda
Administrative divisions 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint Georges, Sandys, Smiths, Southampton, Warwick 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:
19.4% (male 6,091; female 6,230)

15-64 years:
69.43% (male 21,783; female 22,309)

65 years and over:
11.17% (male 3,073; female 4,017) (2001 est.)
0-14 years: 19.2% (male 6,058; female 6,225)


15-64 years: 69.4% (male 21,950; female 22,442)


65 years and over: 11.4% (male 3,163; female 4,122) (2002 est.)
Airports 1 (2000 est.) 1 (2002)
Airports - with paved runways total:
1

2,438 to 3,047 m:
1 (2000 est.)
total: 1


2,438 to 3,047 m: 1 (2002)
Area total:
58.8 sq km

land:
58.8 sq km

water:
0 sq km
total: 53.3 sq km


land: 53.3 sq km


water: 0 sq km
Area - comparative about 0.3 times the size of Washington, DC 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. Bermuda has developed into a highly successful offshore financial center. A referendum on independence was soundly defeated in 1995. 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. A referendum on independence was soundly defeated in 1995.
Birth rate 12.16 births/1,000 population (2001 est.) 11.82 births/1,000 population (2002 est.)
Budget revenues:
$504.6 million

expenditures:
$537 million, including capital expenditures of $75 million (FY97/98)
revenues: $609.5 million


expenditures: $574.6 million, including capital expenditures of $54.8 million (FY00/01)
Country name conventional long form:
none

conventional short form:
Bermuda

former:
Somers Islands
conventional long form: none


conventional short form: Bermuda


former: Somers Islands
Death rate 7.42 deaths/1,000 population (2001 est.) 7.49 deaths/1,000 population (2002 est.)
Debt - external $NA $145 million (FY99/00)
Diplomatic representation from the US chief of mission:
Consul General Lawrence D. OWEN

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

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

telephone:
[1] (441) 295-1342

FAX:
[1] (441) 295-1592
chief of mission: Consul General Denis Patrick COLEMAN, Jr.


consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVQ3


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


telephone: [1] (441) 295-1342


FAX: [1] (441) 295-1592, [1] (441) 296-9233
Economic aid - recipient $27.9 million (1995) $NA
Economy - overview Bermuda enjoys one of the highest per capita incomes in the world, having successfully exploited its location by providing financial services for international firms and luxury tourist facilities for 360,000 visitors annually. The tourist industry, which accounts for an estimated 28% of GDP, attracts 84% of its business from North America. The industrial sector is small, and agriculture is severely limited by a lack of suitable land. About 80% of food needs are imported. International business contributes over 60% of Bermuda's economic output; a failed independence vote in late 1995 can be partially attributed to Bermudian fears of scaring away foreign firms. Government economic priorities are the further strengthening of the tourist and international financial sectors. Bermuda enjoys one of the highest per capita incomes in the world, with its economy primarily based on providing financial services for international business and luxury facilities for tourists. The effects of 11 September 2001 have had both positive and negative ramifications for Bermuda. On the positive side, a number of new reinsurance companies have located on the island, contributing to the expansion of an already robust international business sector. On the negative side, Bermuda's already weakening tourism industry - which derives over 80% of its visitors from the US - has been further hit as American tourists have chosen not to travel. Most capital equipment and food must be imported, with the US serving as the primary source of goods, followed by the UK. Bermuda's industrial sector is small, although construction continues to be important. Agriculture is limited, only 6% of the land being arable.
Electricity - consumption 511.5 million kWh (1999) 553.35 million kWh (2000)
Electricity - exports 0 kWh (1999) 0 kWh (2000)
Electricity - imports 0 kWh (1999) 0 kWh (2000)
Electricity - production 550 million kWh (1999) 595 million kWh (2000)
Electricity - production by source fossil fuel:
100%

hydro:
0%

nuclear:
0%

other:
0% (1999)
fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (2000)
Elevation extremes lowest point:
Atlantic Ocean 0 m

highest point:
Town Hill 76 m
lowest point: Atlantic Ocean 0 m


highest point: Town Hill 76 m
Environment - current issues asbestos disposal; water pollution; preservation of open space asbestos disposal; water pollution; preservation of open space; sustainable development
Executive branch chief of state:
Queen ELIZABETH II (since 6 February 1952), represented by Governor Thorold MASEFIELD (since NA June 1997)

head of government:
Premier Jennifer SMITH (since 10 November 1998)

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

elections:
none; the monarch is hereditary; governor appointed by the monarch; governor invites leader of largest party in Parliament to form a government as premier
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Sir John VEREKER (since NA April 2002)


head of government: Premier Jennifer SMITH (since 10 November 1998)


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 $56 million (2000 est.) $51 million (2000)
Exports - partners UK 29.5%, US 9.8% (1997) EU excluding UK 77.9%, US 9.8%, UK 6.9% (1999)
GDP purchasing power parity - $2.1 billion (2000 est.) purchasing power parity - $2.2 billion (2001 est.)
GDP - composition by sector agriculture:
1%

industry:
10%

services:
89% (1995 est.)
agriculture: 1%


industry: 10%


services: 89% (1995 est.)
GDP - per capita purchasing power parity - $33,000 (2000 est.) purchasing power parity - $34,800 (2001 est.)
GDP - real growth rate 1.5% (2000 est.) 2.9% (2001 est.)
Geography - note consists of about 360 small coral islands with ample rainfall, but no rivers or freshwater lakes; some land, reclaimed and otherwise, was leased by US Government from 1941 to 1995 consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land, reclaimed and otherwise, was leased by US Government from 1941 to 1995
Highways total:
225 km

paved:
225 km

unpaved:
0 km

note:
in addition, there are 232 km of paved and unpaved roads that are privately owned (1997)
total: 450 km


paved: 450 km


unpaved: 0 km


note: public roads - 209 km; private roads - 241 km (2002)
Household income or consumption by percentage share lowest 10%:
NA%

highest 10%:
NA%
lowest 10%: NA%


highest 10%: NA%
Imports $739 million (2000 est.) $719 million (2000)
Imports - partners US 34%, UK 9%, Mexico 8% (1997) EU excluding UK 35.4%, US 17.8%, UK 15.4%, Russia 14.6% (1999)
Industries tourism, finance, insurance, structural concrete products, paints, perfumes, pharmaceuticals, ship repairing tourism, international business, light manufacturing
Infant mortality rate 9.55 deaths/1,000 live births (2001 est.) 9.28 deaths/1,000 live births (2002 est.)
Inflation rate (consumer prices) 2.7% (2000 est.) 3% (July 2001)
Labor force 35,296 (1997) 37,472 (2000)
Labor force - by occupation clerical 23%, services 22%, laborers 17%, professional and technical 17%, administrative and managerial 12%, sales 7%, agriculture and fishing 2% (1996) clerical 22%, services 20%, laborers 17%, professional and technical 17%, administrative and managerial 13%, sales 8%, agriculture and fishing 3% (2000 est.)
Land use arable land:
6%

permanent crops:
0%

permanent pastures:
0%

forests and woodland:
0%

other:
94% (55% developed, 39% rural/open space) (1997 est.)
arable land: 0%


permanent crops: 0%


other: 100% (55% developed, 45% rural/open space) (1998 est.)
Legislative branch bicameral Parliament consists of the Senate (an 11-member body appointed by the governor) and the House of Assembly (40 seats; members are elected by popular vote to serve five-year terms)

elections:
last held 9 November 1998 (next to be held NA November 2003)

election results:
percent of vote by party - PLP 54%, UBP 44%, NLP 1%, independents 1%; seats by party - PLP 26, UBP 14
bicameral Parliament consists of the Senate (an 11-member body appointed by the governor, the premier, and the opposition) and the House of Assembly (40 seats; members are elected by popular vote to serve five-year terms)


elections: last general election held 9 November 1998 (next to be held NA November 2003)


election results: percent of vote by party - PLP 54%, UBP 44%, NLP 1%, independents 1%; seats by party - PLP 26, UBP 14
Life expectancy at birth total population:
77.12 years

male:
75.04 years

female:
79.06 years (2001 est.)
total population: 77.3 years


male: 75.21 years


female: 79.27 years (2002 est.)
Literacy definition:
age 15 and over can read and write

total population:
98%

male:
98%

female:
99% (1970 est.)
definition: age 15 and over can read and write


total population: 98%


male: 98%


female: 99% (1970 est.)
Maritime claims exclusive fishing zone:
200 NM

territorial sea:
12 NM
exclusive fishing zone: 200 NM


territorial sea: 12 NM
Merchant marine total:
105 ships (1,000 GRT or over) totaling 5,836,538 GRT/9,728,045 DWT

ships by type:
bulk 27, cargo 4, container 15, liquefied gas 7, passenger 2, petroleum tanker 23, refrigerated cargo 16, roll on/roll off 8, short-sea passenger 3

note:
includes some foreign-owned ships registered here as a flag of convenience: Canada 10, Hong Kong 10, Japan 1, Nigeria 4, Saudi Arabia 1, Sweden 3, Switzerland 2, UK 10, US 7 (2000 est.)
total: 102 ships (1,000 GRT or over) totaling 5,485,450 GRT/8,782,869 DWT


ships by type: bulk 28, cargo 4, container 16, liquefied gas 6, passenger 3, petroleum tanker 17, refrigerated cargo 16, roll on/roll off 9, short-sea passenger 3


note: includes some foreign-owned ships registered here as a flag of convenience: Croatia 5, Denmark 2, Germany 1, Greece 1, Hong Kong 9, Indonesia 1, Norway 2, Sweden 11, United Kingdom 52, United States 13 (2002 est.)
Military branches Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary no regular indigenous military forces; Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary
Military expenditures - dollar figure $NA $4,027,970 (January 2002)
Military expenditures - percent of GDP NA% 0.11% (FY00/01)
Nationality noun:
Bermudian(s)

adjective:
Bermudian
noun: Bermudian(s)


adjective: Bermudian
Net migration rate 2.66 migrant(s)/1,000 population (2001 est.) 2.61 migrant(s)/1,000 population (2002 est.)
Political parties and leaders National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [Jennifer SMITH]; United Bermuda Party or UBP [Pamela GORDON] National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [Jennifer SMITH]; United Bermuda Party or UBP [Chairman Wayne FURBERT]
Political pressure groups and leaders Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Association or BPSA [Betty CHRISTOPHER] Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Association or BPSA [leader NA]; Bermuda Union of Teachers [Michael CHARLES]
Population 63,503 (July 2001 est.) 63,960 (July 2002 est.)
Population growth rate 0.74% (2001 est.) 0.69% (2002 est.)
Ports and harbors Hamilton, Saint George Hamilton, Saint George's, Dockyard
Sex ratio at birth:
0.94 male(s)/female

under 15 years:
0.98 male(s)/female

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

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

total population:
0.95 male(s)/female (2001 est.)
at birth: 0.94 male(s)/female


under 15 years: 0.97 male(s)/female


15-64 years: 0.98 male(s)/female


65 years and over: 0.77 male(s)/female


total population: 0.95 male(s)/female (2002 est.)
Telephone system general assessment:
NA

domestic:
modern, fully automatic telephone system

international:
3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean)
general assessment: NA


domestic: modern, fully automatic telephone system


international: 3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean)
Total fertility rate 1.81 children born/woman (2001 est.) 1.81 children born/woman (2002 est.)
Unemployment rate NEGL% (1995) 4.5% (1993)
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