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Compare Bermuda (2002) - Bahamas, The (2004)

Compare Bermuda (2002) z Bahamas, The (2004)

 Bermuda (2002)Bahamas, The (2004)
 BermudaBahamas, The
Administrative divisions 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick 21 districts; Acklins and Crooked Islands, Bimini, Cat Island, Exuma, Freeport, Fresh Creek, Governor's Harbour, Green Turtle Cay, Harbour Island, High Rock, Inagua, Kemps Bay, Long Island, Marsh Harbour, Mayaguana, New Providence, Nichollstown and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay
Age structure 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.)
0-14 years: 28.3% (male 42,474; female 42,423)


15-64 years: 65.7% (male 96,825; female 99,985)


65 years and over: 6% (male 7,351; female 10,639) (2004 est.)
Agriculture - products bananas, vegetables, citrus, flowers; dairy products citrus, vegetables; poultry
Airports 1 (2002) 63 (2003 est.)
Airports - with paved runways total: 1


2,438 to 3,047 m: 1 (2002)
total: 29


over 3,047 m: 2


2,438 to 3,047 m: 3


1,524 to 2,437 m: 14


914 to 1,523 m: 9


under 914 m: 1 (2004 est.)
Airports - with unpaved runways - total: 34


1,524 to 2,437 m: 3


914 to 1,523 m: 10


under 914 m: 21 (2004 est.)
Area total: 53.3 sq km


land: 53.3 sq km


water: 0 sq km
total: 13,940 sq km


land: 10,070 sq km


water: 3,870 sq km
Area - comparative about one-third the size of Washington, DC slightly smaller than Connecticut
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. A referendum on independence was soundly defeated in 1995. Arawak Indians inhabited the islands when Christopher Columbus first set foot in the New World on San Salvador in 1492. British settlement of the islands began in 1647; the islands became a colony in 1783. Since attaining independence from the UK in 1973, The Bahamas have prospered through tourism and international banking and investment management. Because of its geography, the country is a major transshipment point for illegal drugs, particularly shipments to the US, and its territory is used for smuggling illegal migrants into the US.
Birth rate 11.82 births/1,000 population (2002 est.) 18.22 births/1,000 population (2004 est.)
Budget revenues: $609.5 million


expenditures: $574.6 million, including capital expenditures of $54.8 million (FY00/01)
revenues: $918.5 million


expenditures: $956.5 million, including capital expenditures of $106.7 million (FY99/00)
Capital Hamilton Nassau
Climate subtropical; mild, humid; gales, strong winds common in winter tropical marine; moderated by warm waters of Gulf Stream
Coastline 103 km 3,542 km
Constitution 8 June 1968, amended 1989 10 July 1973
Country name conventional long form: none


conventional short form: Bermuda


former: Somers Islands
conventional long form: Commonwealth of The Bahamas


conventional short form: The Bahamas
Currency Bermudian dollar (BMD) Bahamian dollar (BSD)
Death rate 7.49 deaths/1,000 population (2002 est.) 8.82 deaths/1,000 population (2004 est.)
Debt - external $145 million (FY99/00) $308.5 million (2002)
Dependency status overseas territory of the UK -
Diplomatic representation from the US 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
chief of mission: Ambassador John D. ROOD


embassy: 42 Queen Street, Nassau


mailing address: local or express mail address: P. O. Box N-8197, Nassau; Department of State, 3370 Nassau Place, Washington, DC 20521-3370


telephone: [1] (242) 322-1181, 328-2206 (after hours)


FAX: [1] (242) 356-0222
Diplomatic representation in the US none (overseas territory of the UK) chief of mission: Ambassador Joshua SEARS


chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 319-2660


FAX: [1] (202) 319-2668


consulate(s) general: Miami and New York
Disputes - international none concerned about migrants fleeing Haiti's deteriorated economic and political conditions
Economic aid - recipient $NA $9.8 million (1995)
Economy - overview 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. The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking. Tourism alone accounts for more than 60% of GDP and directly or indirectly employs half of the archipelago's labor force. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth in recent years, but the slowdown in the US economy and the attacks of 11 September 2001 held back growth in these sectors in 2001-03. Financial services constitute the second-most important sector of the Bahamian economy, accounting for about 15% of GDP. However, since December 2000, when the government enacted new regulations on the financial sector, many international businesses have left The Bahamas. Manufacturing and agriculture together contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector, which depends on growth in the US, the source of more than 80% of the visitors. In addition to tourism and banking, the government supports the development of a "third pillar," e-commerce.
Electricity - consumption 553.35 million kWh (2000) 1.451 billion kWh (2001)
Electricity - exports 0 kWh (2000) 0 kWh (2001)
Electricity - imports 0 kWh (2000) 0 kWh (2001)
Electricity - production 595 million kWh (2000) 1.56 billion kWh (2001)
Electricity - production by source 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: Mount Alvernia, on Cat Island 63 m
Environment - current issues asbestos disposal; water pollution; preservation of open space; sustainable development coral reef decay; solid waste disposal
Environment - international agreements - party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands


signed, but not ratified: none of the selected agreements
Ethnic groups black 58%, white 36%, other 6% black 85%, white 12%, Asian and Hispanic 3%
Exchange rates Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar) Bahamian dollars per US dollar - 1 (2003), 1 (2002), 1 (2001), 1 (2000), 1 (1999)
Executive branch 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
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor General Dame Ivy DUMONT (since NA May 2002)


head of government: Prime Minister Perry CHRISTIE (since 3 May 2002) and Deputy Prime Minister Cynthia PRATT (since 7 May 2002)


cabinet: Cabinet appointed by the governor general on the prime minister's recommendation


elections: none; the monarch is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the governor general; the prime minister recommends the deputy prime minister
Exports $51 million (2000) NA (2001)
Exports - commodities reexports of pharmaceuticals fish and crawfish; rum, salt, chemicals; fruit and vegetables
Exports - partners EU excluding UK 77.9%, US 9.8%, UK 6.9% (1999) US 35%, Spain 9.6%, Germany 7.8%, France 7.6%, Poland 5.3%, Switzerland 4.8%, Peru 4.2%, Paraguay 4.2% (2003)
Fiscal year 1 April - 31 March 1 July - 30 June
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 three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side
GDP purchasing power parity - $2.2 billion (2001 est.) purchasing power parity - $5.049 billion (2003 est.)
GDP - composition by sector agriculture: 1%


industry: 10%


services: 89% (1995 est.)
agriculture: 3%


industry: 7%


services: 90% (2001 est.)
GDP - per capita purchasing power parity - $34,800 (2001 est.) purchasing power parity - $16,700 (2003 est.)
GDP - real growth rate 2.9% (2001 est.) 0% (2003 est.)
Geographic coordinates 32 20 N, 64 45 W 24 15 N, 76 00 W
Geography - note 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 strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited
Heliports - 1 (2003 est.)
Highways total: 450 km


paved: 450 km


unpaved: 0 km


note: public roads - 209 km; private roads - 241 km (2002)
total: 2,693 km


paved: 1,546 km


unpaved: 1,147 km (1999 est.)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: NA


highest 10%: NA
Illicit drugs - transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center
Imports $719 million (2000) NA (2001)
Imports - commodities machinery and transport equipment, construction materials, chemicals, food and live animals machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals
Imports - partners EU excluding UK 35.4%, US 17.8%, UK 15.4%, Russia 14.6% (1999) US 20.8%, South Korea 17.4%, Italy 11.4%, France 9.1%, Brazil 7.5%, Japan 5.6%, Venezuela 5.3% (2003)
Independence none (overseas territory of the UK) 10 July 1973 (from UK)
Industrial production growth rate NA% NA (2002 est.)
Industries tourism, international business, light manufacturing tourism, banking, e-commerce, cement, oil refining and transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Infant mortality rate 9.28 deaths/1,000 live births (2002 est.) total: 25.7 deaths/1,000 live births


male: 31.73 deaths/1,000 live births


female: 19.55 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) 3% (July 2001) 1.7% (2002 est.)
International organization participation Caricom (observer), CCC, ICFTU, Interpol (subbureau), IOC ACP, C, Caricom, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOM, IOC, ITU, LAES, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WTO (observer)
Internet Service Providers (ISPs) 20 (2000) -
Irrigated land NA sq km NA sq km
Judicial branch Supreme Court; Court of Appeal; Magistrate Courts Supreme Court; Court of Appeal; magistrates courts
Labor force 37,472 (2000) 156,000 (1999)
Labor force - by occupation clerical 22%, services 20%, laborers 17%, professional and technical 17%, administrative and managerial 13%, sales 8%, agriculture and fishing 3% (2000 est.) agriculture 5%, industry 5%, tourism 50%, other services 40% (1999 est.)
Land boundaries 0 km 0 km
Land use arable land: 0%


permanent crops: 0%


other: 100% (55% developed, 45% rural/open space) (1998 est.)
arable land: 0.8%


permanent crops: 0.4%


other: 98.8% (2001)
Languages English (official), Portuguese English (official), Creole (among Haitian immigrants)
Legal system English law based on English common law
Legislative branch 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
bicameral Parliament consists of the Senate (16-member body appointed by the governor general upon the advice of the prime minister and the opposition leader for five-year terms) and the House of Assembly (40 seats; members elected by direct popular vote to serve five-year terms); the government may dissolve the parliament and call elections at any time


elections: last held 1 May 2002 (next to be held by May 2007)


election results: percent of vote by party - PLP 50.8%, FNM 41.1%, independents 5.2%; seats by party - PLP 29, FNM 7, independents 4
Life expectancy at birth total population: 77.3 years


male: 75.21 years


female: 79.27 years (2002 est.)
total population: 65.63 years


male: 62.21 years


female: 69.11 years (2004 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: 95.6%


male: 94.7%


female: 96.5% (2003 est.)
Location North America, group of islands in the North Atlantic Ocean, east of North Carolina (US) Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba
Map references North America Central America and the Caribbean
Maritime claims exclusive fishing zone: 200 NM


territorial sea: 12 NM
territorial sea: 12 nm


exclusive economic zone: 200 nm
Merchant marine 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.)
total: 1,035 ships (1,000 GRT or over) 31,631,252 GRT/43,025,977 DWT


by type: bulk 165, cargo 188, chemical tanker 45, combination bulk 10, combination ore/oil 17, container 97, liquefied gas 27, livestock carrier 2, multi-functional large load carrier 4, passenger 108, passenger/cargo 1, petroleum tanker 163, refrigerated cargo 133, roll on/roll off 34, short-sea/passenger 18, specialized tanker 3, vehicle carrier 20


foreign-owned: Algeria 1, Australia 7, Belgium 14, Bermuda 1, Canada 4, Chile 1, China 4, Croatia 1, Cuba 3, Cyprus 14, Denmark 49, Estonia 1, Faroe Islands 1, Finland 9, France 21, Germany 13, Gibraltar 1, Greece 163, Hong Kong 9, India 1, Indonesia 3, Ireland 1, Israel 3, Italy 7, Japan 35, Kenya 2, South Korea 1, Latvia 1, Liberia 1, Malaysia 11, Malta 1, Monaco 68, Netherlands 29, New Zealand 1, Norway 231, Panama 2, Philippines 3, Poland 14, Reunion 1, Russia 1, Saudi Arabia 9, Singapore 13, Slovenia 1, Spain 6, Sweden 9, Switzerland 1, Thailand 1, Trinidad and Tobago 2


registered in other countries: 11 (2004 est.)
Military - note defense is the responsibility of the UK -
Military branches no regular indigenous military forces; Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary Royal Bahamas Defense Force (including Coast Guard)
Military expenditures - dollar figure $4,027,970 (January 2002) NA
Military expenditures - percent of GDP 0.11% (FY00/01) NA
National holiday Bermuda Day, 24 May Independence Day, 10 July (1973)
Nationality noun: Bermudian(s)


adjective: Bermudian
noun: Bahamian(s)


adjective: Bahamian
Natural hazards hurricanes (June to November) hurricanes and other tropical storms cause extensive flood and wind damage
Natural resources limestone, pleasant climate fostering tourism salt, aragonite, timber, arable land
Net migration rate 2.61 migrant(s)/1,000 population (2002 est.) -2.2 migrant(s)/1,000 population (2004 est.)
Political parties and leaders National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [Jennifer SMITH]; United Bermuda Party or UBP [Chairman Wayne FURBERT] Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE]
Political pressure groups and leaders 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] NA
Population 63,960 (July 2002 est.) 299,697


note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2004 est.)
Population below poverty line NA% NA
Population growth rate 0.69% (2002 est.) 0.72% (2004 est.)
Ports and harbors Hamilton, Saint George's, Dockyard Freeport, Matthew Town, Nassau
Radio broadcast stations AM 5, FM 3, shortwave 0 (1998) AM 3, FM 5, shortwave 0 (2004)
Radios 82,000 (1997) -
Railways 0 km -
Religions non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19% Baptist 32%, Anglican 20%, Roman Catholic 19%, Methodist 6%, Church of God 6%, other Protestant 12%, none or unknown 3%, other 2%
Sex ratio 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.)
at birth: 1.02 male(s)/female


under 15 years: 1 male(s)/female


15-64 years: 0.97 male(s)/female


65 years and over: 0.69 male(s)/female


total population: 0.96 male(s)/female (2004 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: modern facilities


domestic: totally automatic system; highly developed


international: country code - 1-242; tropospheric scatter and submarine cable to Florida; 3 coaxial submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean) (1997)
Telephones - main lines in use 52,000 (1997) 131,700 (2003)
Telephones - mobile cellular 7,980 (1996) 121,800 (2002)
Television broadcast stations 3 (1997) 2 (2004)
Terrain low hills separated by fertile depressions long, flat coral formations with some low rounded hills
Total fertility rate 1.81 children born/woman (2002 est.) 2.23 children born/woman (2004 est.)
Unemployment rate 4.5% (1993) 6.9% (2001 est.)
Waterways none -
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