Bermuda (2002) | Bahamas, The (2006) | |
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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: 27.5% (male 41,799/female 41,733)
15-64 years: 66.1% (male 98,847/female 102,074) 65 years and over: 6.4% (male 7,891/female 11,426) (2006 est.) |
Agriculture - products | bananas, vegetables, citrus, flowers; dairy products | citrus, vegetables; poultry |
Airports | 1 (2002) | 64 (2006) |
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 (2006) |
Airports - with unpaved runways | - | total: 35
1,524 to 2,437 m: 3 914 to 1,523 m: 10 under 914 m: 22 (2006) |
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. | Lucayan 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.) | 17.57 births/1,000 population (2006 est.) |
Budget | revenues: $609.5 million
expenditures: $574.6 million, including capital expenditures of $54.8 million (FY00/01) |
revenues: $1.03 billion
expenditures: $1.03 billion; including capital expenditures of $130 million (FY04/05) |
Capital | Hamilton | name: Nassau
geographic coordinates: 25 05 N, 77 21 W time difference: UTC-5 (same time as Washington, DC during Standard Time) daylight saving time: +1hr, begins first Sunday in April; ends last Sunday in October |
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) | - |
Death rate | 7.49 deaths/1,000 population (2002 est.) | 9.05 deaths/1,000 population (2006 est.) |
Debt - external | $145 million (FY99/00) | $342.6 million (2004 est.) |
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; US 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: vacant
chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 319-2660 FAX: [1] (202) 319-2668 consulate(s) general: Miami, New York |
Disputes - international | none | disagrees with the US on the alignment of the maritime boundary; continues to monitor and interdict Haitian refugees fleeing economic privation and political instability |
Economic aid - recipient | $NA | $5 million (2004) |
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 together with tourism-driven construction and manufacturing accounts for approximately 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. The current government has presided over a period of economic recovery and an upturn in large-scale private sector investments in tourism. 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. |
Electricity - consumption | 553.35 million kWh (2000) | 1.683 billion kWh (2003) |
Electricity - exports | 0 kWh (2000) | 0 kWh (2003) |
Electricity - imports | 0 kWh (2000) | 0 kWh (2003) |
Electricity - production | 595 million kWh (2000) | 1.81 billion kWh (2003) |
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 (2005), 1 (2004), 1 (2003), 1 (2002), 1 (2001) |
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 Arthur D. HANNA (since 1 February 2006)
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) | transhipments of 29,000 bbl/day (2003) |
Exports - commodities | reexports of pharmaceuticals | mineral products and salt, animal products, rum, chemicals, fruit and vegetables |
Exports - partners | EU excluding UK 77.9%, US 9.8%, UK 6.9% (1999) | US 31%, Spain 29.7%, Poland 9.3%, Germany 5.6%, Guatemala 4.1% (2005) |
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.) | - |
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.) | - |
GDP - real growth rate | 2.9% (2001 est.) | 3.7% (2005 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 (2006) |
Highways | 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%: 27% |
Illicit drugs | - | transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center |
Imports | $719 million (2000) | NA bbl/day |
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 22.5%, South Korea 20.2%, Spain 7.8%, Brazil 7.1%, Italy 6.5%, Germany 5.4% (2005) |
Independence | none (overseas territory of the UK) | 10 July 1973 (from UK) |
Industrial production growth rate | NA% | NA% |
Industries | tourism, international business, light manufacturing | tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe |
Infant mortality rate | 9.28 deaths/1,000 live births (2002 est.) | total: 24.68 deaths/1,000 live births
male: 30.29 deaths/1,000 live births female: 18.96 deaths/1,000 live births (2006 est.) |
Inflation rate (consumer prices) | 3% (July 2001) | 1.2% ( 2004) |
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, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WTO (observer), WToO |
Internet Service Providers (ISPs) | 20 (2000) | - |
Irrigated land | NA sq km | 10 sq km (2003) |
Judicial branch | Supreme Court; Court of Appeal; Magistrate Courts | Privy Council (London); Courts of Appeal; Supreme (lower) Court; magistrates courts |
Labor force | 37,472 (2000) | 176,300 (2004) |
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% (2005 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: 0.58%
permanent crops: 0.29% other: 99.13% (2005) |
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: 65.6 years
male: 62.24 years female: 69.03 years (2006 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: 1,177 ships (1000 GRT or over) 37,743,270 GRT/50,918,747 DWT
by type: barge carrier 1, bulk carrier 253, cargo 250, chemical tanker 64, container 79, liquefied gas 35, livestock carrier 2, passenger 115, passenger/cargo 34, petroleum tanker 175, refrigerated cargo 114, roll on/roll off 20, specialized tanker 5, vehicle carrier 30 foreign-owned: 1,093 (Angola 5, Australia 2, Belgium 13, Canada 18, China 3, Cuba 1, Cyprus 13, Denmark 59, Estonia 1, Finland 8, France 37, Germany 22, Greece 232, Hong Kong 8, Iceland 1, India 1, Indonesia 4, Ireland 2, Israel 1, Italy 5, Japan 51, Jordan 2, Kenya 1, Latvia 1, Malaysia 12, Monaco 17, Montenegro 2, Netherlands 24, Nigeria 2, Norway 259, Philippines 1, Poland 15, Reunion 1, Russia 6, Saudi Arabia 12, Singapore 12, Slovenia 1, Spain 12, Sweden 6, Switzerland 2, Thailand 1, Turkey 8, UAE 16, UK 69, Uruguay 2, US 121, Venezuela 1) registered in other countries: 4 (Barbados 1, Liberia 1, Panama 2) (2006) |
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 Bahamian Defense Force: Marines, Air Wing (2006) |
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.) | -2.17 migrant(s)/1,000 population (2006 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 [Hubert INGRAHAM]; 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.) | 303,770
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 2006 est.) |
Population below poverty line | NA% | 9.3% (2004) |
Population growth rate | 0.69% (2002 est.) | 0.64% (2006 est.) |
Ports and harbors | Hamilton, Saint George's, Dockyard | - |
Radio broadcast stations | AM 5, FM 3, shortwave 0 (1998) | AM 3, FM 5, shortwave 0 (2006) |
Radios | 82,000 (1997) | - |
Railways | 0 km | - |
Religions | non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19% | Baptist 35.4%, Anglican 15.1%, Roman Catholic 13.5%, Pentecostal 8.1%, Church of God 4.8%, Methodist 4.2%, other Christian 15.2%, none or unspecified 2.9%, other 0.8% (2000 census) |
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 (2006 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 - 2 (2005) |
Telephones - main lines in use | 52,000 (1997) | 139,900 (2004) |
Telephones - mobile cellular | 7,980 (1996) | 186,000 (2004) |
Television broadcast stations | 3 (1997) | 2 (2006) |
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.) | 2.18 children born/woman (2006 est.) |
Unemployment rate | 4.5% (1993) | 10.2% (2005 est.) |
Waterways | none | - |