Bermuda (2001) | Micronesia, Federated States of (2001) | |
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Administrative divisions | 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint Georges, Sandys, Smiths, Southampton, Warwick | 4 states; Chuuk (Truk), Kosrae, Pohnpei, Yap |
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:
NA% 15-64 years: NA% 65 years and over: NA% |
Agriculture - products | bananas, vegetables, citrus, flowers; dairy products | black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), sweet potatoes; pigs, chickens |
Airports | 1 (2000 est.) | 7 (2000 est.) |
Airports - with paved runways | total:
1 2,438 to 3,047 m: 1 (2000 est.) |
total:
6 1,524 to 2,437 m: 4 914 to 1,523 m: 2 (2000 est.) |
Airports - with unpaved runways | - | total:
1 914 to 1,523 m: 1 (2000 est.) |
Area | total:
58.8 sq km land: 58.8 sq km water: 0 sq km |
total:
702 sq km land: 702 sq km water: 0 sq km note: includes Pohnpei (Ponape), Truk (Chuuk) Islands, Yap Islands, and Kosrae |
Area - comparative | about 0.3 times the size of Washington, DC | four times 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. | In 1979 the Federated States of Micronesia, a UN Trust Territory under US administration, adopted a constitution. In 1986 independence was attained under a Compact of Free Association with the United States. Present concerns include large-scale unemployment, overfishing, and overdependence on US aid. |
Birth rate | 12.16 births/1,000 population (2001 est.) | - |
Budget | revenues:
$504.6 million expenditures: $537 million, including capital expenditures of $75 million (FY97/98) |
revenues:
$161 million ($69 million less grants) expenditures: $160 million, including capital expenditures of $NA (1998 est.) |
Capital | Hamilton | Palikir |
Climate | subtropical; mild, humid; gales, strong winds common in winter | tropical; heavy year-round rainfall, especially in the eastern islands; located on southern edge of the typhoon belt with occasionally severe damage |
Coastline | 103 km | 6,112 km |
Constitution | 8 June 1968, amended 1989 | 10 May 1979 |
Country name | conventional long form:
none conventional short form: Bermuda former: Somers Islands |
conventional long form:
Federated States of Micronesia conventional short form: none former: Ponape, Truk, and Yap Districts (Trust Territory of the Pacific Islands) abbreviation: FSM |
Currency | Bermudian dollar (BMD) | US dollar (USD) |
Death rate | 7.42 deaths/1,000 population (2001 est.) | - |
Debt - external | $NA | $111 million (1997 est.) |
Dependency status | overseas territory of the UK | - |
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:
Ambassador Diane E. WATSON embassy: address NA, Kolonia mailing address: P. O. Box 1286, Kolonia, Pohnpei, Federated States of Micronesia 96941 telephone: [691] 320-2187 FAX: [691] 320-2186 |
Diplomatic representation in the US | none (overseas territory of the UK) | chief of mission:
Ambassador Jesse Bibiano MAREHALAU chancery: 1725 N Street NW, Washington, DC 20036 telephone: [1] (202) 223-4383 FAX: [1] (202) 223-4391 consulate(s) general: Honolulu and Tamuning (Guam) |
Disputes - international | none | none |
Economic aid - recipient | $27.9 million (1995) | under terms of the Compact of Free Association, the US will provide $1.3 billion in grant aid during the period 1986-2001 |
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. | Economic activity consists primarily of subsistence farming and fishing. The islands have few mineral deposits worth exploiting, except for high-grade phosphate. The potential for a tourist industry exists, but the remoteness of the location and a lack of adequate facilities hinder development. In 1996, the country experienced a 20% reduction in revenues from the Compact of Free Association - the agreement between the US and Micronesia in which Micronesia receives $1.3 billion in financial and technical assistance over a 15-year period until 2001 - as a result of the second step-down under the agreement. Since these revenues accounted for 57% of consolidated government revenues, reduced Compact funding resulted in a severe depression. While Micronesia's economy appears to have bottomed out in 1999, the country's medium-term economic outlook remains fragile due to likely further reductions in external grants made under the US Compact funding. Geographical isolation and a poorly developed infrastructure remain major impediments to long-term growth. |
Electricity - consumption | 511.5 million kWh (1999) | NA kWh |
Electricity - exports | 0 kWh (1999) | - |
Electricity - imports | 0 kWh (1999) | - |
Electricity - production | 550 million kWh (1999) | NA kWh |
Electricity - production by source | fossil fuel:
100% hydro: 0% nuclear: 0% other: 0% (1999) |
fossil fuel:
NA% hydro: NA% nuclear: NA% other: NA% |
Elevation extremes | lowest point:
Atlantic Ocean 0 m highest point: Town Hill 76 m |
lowest point:
Pacific Ocean 0 m highest point: Totolom 791 m |
Environment - current issues | asbestos disposal; water pollution; preservation of open space | overfishing |
Environment - international agreements | - | party to:
Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection signed, but not ratified: none of the selected agreements |
Ethnic groups | black 58%, white 36%, other 6% | nine ethnic Micronesian and Polynesian groups |
Exchange rates | Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar) | the US dollar is used |
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:
President Leo A. FALCAM (since 21 July 1999); Vice President Redley KILLION (since 21 July 1999); note - the president is both the chief of state and head of government head of government: President Leo A. FALCAM (since 21 July 1999); Vice President Redley KILLION (since 21 July 1999); note - the president is both the chief of state and head of government cabinet: Cabinet elections: president and vice president elected by Congress from among the four senators-at-large for four-year terms; election last held NA May 1999 (next to be held NA May 2003) election results: Leo A. FALCAM elected president; percent of Congress vote - NA%; Redley KILLION elected vice president; percent of Congress vote - NA% |
Exports | $56 million (2000 est.) | $73 million (f.o.b., 1996 est.) |
Exports - commodities | reexports of pharmaceuticals | fish, garments, bananas, black pepper |
Exports - partners | UK 29.5%, US 9.8% (1997) | Japan, US, Guam |
Fiscal year | 1 April - 31 March | 1 October - 30 September |
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 | light blue with four white five-pointed stars centered; the stars are arranged in a diamond pattern |
GDP | purchasing power parity - $2.1 billion (2000 est.) | purchasing power parity - $263 million (1999 est.)
note: GDP is supplemented by grant aid, averaging perhaps $100 million annually |
GDP - composition by sector | agriculture:
1% industry: 10% services: 89% (1995 est.) |
agriculture:
19% industry: 4% services: 77% (1996 est.) |
GDP - per capita | purchasing power parity - $33,000 (2000 est.) | purchasing power parity - $2,000 (1999 est.) |
GDP - real growth rate | 1.5% (2000 est.) | 0.3% (1999 est.) |
Geographic coordinates | 32 20 N, 64 45 W | 6 55 N, 158 15 E |
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 | four major island groups totaling 607 islands |
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:
240 km paved: 42 km unpaved: 198 km (1996) |
Household income or consumption by percentage share | lowest 10%:
NA% highest 10%: NA% |
lowest 10%:
NA% highest 10%: NA% |
Imports | $739 million (2000 est.) | $168 million (c.i.f., 1996 est.) |
Imports - commodities | machinery and transport equipment, construction materials, chemicals, food and live animals | food, manufactured goods, machinery and equipment, beverages |
Imports - partners | US 34%, UK 9%, Mexico 8% (1997) | US, Japan, Australia |
Independence | none (overseas territory of the UK) | 3 November 1986 (from the US-administered UN Trusteeship) |
Industrial production growth rate | NA% | NA% |
Industries | tourism, finance, insurance, structural concrete products, paints, perfumes, pharmaceuticals, ship repairing | tourism, construction, fish processing, craft items from shell, wood, and pearls |
Infant mortality rate | 9.55 deaths/1,000 live births (2001 est.) | - |
Inflation rate (consumer prices) | 2.7% (2000 est.) | 2.6% (FY98/99) |
International organization participation | Caricom (observer), CCC, ICFTU, Interpol (subbureau), IOC | ACP, AsDB, ESCAP, G-77, IBRD, ICAO, IDA, IFC, IMF, Intelsat, IOC, ITU, OPCW, Sparteca, SPC, SPF, UN, UNCTAD, UNESCO, WHO, WMO |
Internet Service Providers (ISPs) | 20 (2000) | 1 (2000) |
Irrigated land | NA sq km | NA sq km |
Judicial branch | Supreme Court; Court of Appeal; Magistrate Courts | Supreme Court |
Labor force | 35,296 (1997) | NA |
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) | two-thirds are government employees |
Land boundaries | 0 km | 0 km |
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:
NA% permanent crops: NA% permanent pastures: NA% forests and woodland: NA% other: NA% |
Languages | English (official), Portuguese | English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean |
Legal system | English law | based on adapted Trust Territory laws, acts of the legislature, municipal, common, and customary laws |
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 |
unicameral Congress (14 seats; members elected by popular vote; four - one elected from each of state - to serve four-year terms and 10 - elected from single-member districts delineated by population - to serve two-year terms)
elections: elections for four-year term seats last held 2 March 1999 (next to be held NA March 2003); elections for two-year term seats last held 6 March 2001 (next to be held NA March 2003) election results: percent of vote - NA%; seats - independents 14 |
Life expectancy at birth | total population:
77.12 years male: 75.04 years female: 79.06 years (2001 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: 89% male: 91% female: 88% (1980 est.) |
Location | North America, group of islands in the North Atlantic Ocean, east of North Carolina (US) | Oceania, island group in the North Pacific Ocean, about three-quarters of the way from Hawaii to Indonesia |
Map references | North America | Oceania |
Maritime claims | exclusive fishing zone:
200 NM territorial sea: 12 NM |
exclusive economic 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.) |
none (2000 est.) |
Military - note | defense is the responsibility of the UK | Federated States of Micronesia (FSM) is a sovereign, self-governing state in free association with the US; FSM is totally dependent on the US for its defense |
Military branches | Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary | - |
Military expenditures - dollar figure | $NA | - |
Military expenditures - percent of GDP | NA% | - |
National holiday | Bermuda Day, 24 May | Constitution Day, 10 May (1979) |
Nationality | noun:
Bermudian(s) adjective: Bermudian |
noun:
Micronesian(s) adjective: Micronesian; Kosrae(s), Pohnpeian(s), Trukese, Yapese |
Natural hazards | hurricanes (June to November) | typhoons (June to December) |
Natural resources | limestone, pleasant climate fostering tourism | forests, marine products, deep-seabed minerals |
Net migration rate | 2.66 migrant(s)/1,000 population (2001 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] | no formal parties |
Political pressure groups and leaders | Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Association or BPSA [Betty CHRISTOPHER] | - |
Population | 63,503 (July 2001 est.) | 134,597 (July 2001 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 0.74% (2001 est.) | - |
Ports and harbors | Hamilton, Saint George | Colonia (Yap), Kolonia (Pohnpei), Lele, Moen |
Radio broadcast stations | AM 5, FM 3, shortwave 0 (1998) | AM 5, FM 1, shortwave 0 (1998) |
Radios | 82,000 (1997) | NA |
Railways | 0 km | 0 km |
Religions | non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19% | Roman Catholic 50%, Protestant 47%, other and none 3% |
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.) |
- |
Suffrage | 18 years of age; universal | 18 years of age; universal |
Telephone system | general assessment:
NA domestic: modern, fully automatic telephone system international: 3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean) |
general assessment:
adequate system domestic: islands interconnected by shortwave radiotelephone (used mostly for government purposes) international: satellite earth stations - 4 Intelsat (Pacific Ocean) |
Telephones - main lines in use | 52,000 (1997) | 11,000 (2001) |
Telephones - mobile cellular | 7,980 (1996) | NA |
Television broadcast stations | 3 (1997) | 2 (1997) |
Terrain | low hills separated by fertile depressions | islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Truk |
Total fertility rate | 1.81 children born/woman (2001 est.) | - |
Unemployment rate | NEGL% (1995) | 16% (1999 est.) |
Waterways | none | none |