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Compare Bermuda (2002) - British Virgin Islands (2004)
Compare Bermuda (2002) z British Virgin Islands (2004)
| Bermuda (2002) | British Virgin Islands (2004) | |
 |  | |
| Administrative divisions | 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick | none (overseas territory of the UK) |
| 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: 21.5% (male 2,402; female 2,361)
15-64 years: 73.5% (male 8,395; female 7,911) 65 years and over: 5% (male 594; female 524) (2004 est.) |
| Agriculture - products | bananas, vegetables, citrus, flowers; dairy products | fruits, vegetables; livestock, poultry; fish |
| Airports | 1 (2002) | 3 (2003 est.) |
| Airports - with paved runways | total: 1
2,438 to 3,047 m: 1 (2002) |
total: 2
914 to 1,523 m: 1 under 914 m: 1 (2004 est.) |
| Airports - with unpaved runways | - | total: 1
914 to 1,523 m: 1 (2004 est.) |
| Area | total: 53.3 sq km
land: 53.3 sq km water: 0 sq km |
total: 153 sq km
land: 153 sq km water: 0 sq km note: comprised of 16 inhabited and more than 20 uninhabited islands; includes the island of Anegada |
| Area - comparative | about one-third the size of Washington, DC | about 0.9 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. 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. | First settled by the Dutch in 1648, the islands were annexed in 1672 by the English. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency. |
| Birth rate | 11.82 births/1,000 population (2002 est.) | 14.96 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: $121.5 million
expenditures: $115.5 million, including capital expenditures of NA (1997) |
| Capital | Hamilton | Road Town |
| Climate | subtropical; mild, humid; gales, strong winds common in winter | subtropical; humid; temperatures moderated by trade winds |
| Coastline | 103 km | 80 km |
| Constitution | 8 June 1968, amended 1989 | 1 June 1977 |
| Country name | conventional long form: none
conventional short form: Bermuda former: Somers Islands |
conventional long form: none
conventional short form: British Virgin Islands abbreviation: BVI |
| Currency | Bermudian dollar (BMD) | US dollar (USD) |
| Death rate | 7.49 deaths/1,000 population (2002 est.) | 4.42 deaths/1,000 population (2004 est.) |
| Debt - external | $145 million (FY99/00) | $36.1 million (1997) |
| Dependency status | overseas territory of the UK | overseas territory of the UK; internal self-governing |
| 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 |
none (overseas territory of the UK) |
| Diplomatic representation in the US | none (overseas territory of the UK) | none (overseas territory of the UK) |
| Disputes - international | none | none |
| Economic aid - recipient | $NA | NA |
| 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 economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, generating an estimated 45% of the national income. An estimated 350,000 tourists, mainly from the US, visited the islands in 1998. Tourism suffered in 2002 because of the lackluster US economy. In the mid-1980s, the government began offering offshore registration to companies wishing to incorporate in the islands, and incorporation fees now generate substantial revenues. Roughly 400,000 companies were on the offshore registry by yearend 2000. The adoption of a comprehensive insurance law in late 1994, which provides a blanket of confidentiality with regulated statutory gateways for investigation of criminal offenses, is expected to make the British Virgin Islands even more attractive to international business. Livestock raising is the most important agricultural activity; poor soils limit the islands' ability to meet domestic food requirements. Because of traditionally close links with the US Virgin Islands, the British Virgin Islands has used the dollar as its currency since 1959. |
| Electricity - consumption | 553.35 million kWh (2000) | 35.43 million kWh (2001) |
| Electricity - exports | 0 kWh (2000) | 0 kWh (2001) |
| Electricity - imports | 0 kWh (2000) | 0 kWh (2001) |
| Electricity - production | 595 million kWh (2000) | 38.1 million 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: Caribbean Sea 0 m
highest point: Mount Sage 521 m |
| Environment - current issues | asbestos disposal; water pollution; preservation of open space; sustainable development | limited natural fresh water resources (except for a few seasonal streams and springs on Tortola, most of the islands' water supply comes from wells and rainwater catchments) |
| Ethnic groups | black 58%, white 36%, other 6% | black 83%, white, Indian, Asian and mixed |
| 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 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 Tom MACAN (since 14 October 2002)
head of government: Chief Minister Orlando D. SMITH (since 17 June 2003) cabinet: Executive Council appointed by the governor from members of the Legislative Council 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 chief minister by the governor |
| Exports | $51 million (2000) | NA (2001) |
| Exports - commodities | reexports of pharmaceuticals | rum, fresh fish, fruits, animals; gravel, sand |
| Exports - partners | EU excluding UK 77.9%, US 9.8%, UK 6.9% (1999) | Virgin Islands (US), Puerto Rico, US |
| Fiscal year | 1 April - 31 March | 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 | blue, with the flag of the UK in the upper hoist-side quadrant and the Virgin Islander coat of arms centered in the outer half of the flag; the coat of arms depicts a woman flanked on either side by a vertical column of six oil lamps above a scroll bearing the Latin word VIGILATE (Be Watchful) |
| GDP | purchasing power parity - $2.2 billion (2001 est.) | purchasing power parity - $320 million (2002 est.) |
| GDP - composition by sector | agriculture: 1%
industry: 10% services: 89% (1995 est.) |
agriculture: 1.8%
industry: 6.2% services: 92% (1996 est.) |
| GDP - per capita | purchasing power parity - $34,800 (2001 est.) | purchasing power parity - $16,000 (2002 est.) |
| GDP - real growth rate | 2.9% (2001 est.) | 1% (2002 est.) |
| Geographic coordinates | 32 20 N, 64 45 W | 18 30 N, 64 30 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 | strong ties to nearby US Virgin Islands and Puerto Rico |
| Highways | total: 450 km
paved: 450 km unpaved: 0 km note: public roads - 209 km; private roads - 241 km (2002) |
total: 177 km
paved: 177 km unpaved: 0 km (2000) |
| Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: NA
highest 10%: NA |
| Illicit drugs | - | transshipment point for South American narcotics destined for the US and Europe; large offshore financial center makes it vulnerable to money laundering |
| Imports | $719 million (2000) | NA (2001) |
| Imports - commodities | machinery and transport equipment, construction materials, chemicals, food and live animals | building materials, automobiles, foodstuffs, machinery |
| Imports - partners | EU excluding UK 35.4%, US 17.8%, UK 15.4%, Russia 14.6% (1999) | Virgin Islands (US), Puerto Rico, US |
| Independence | none (overseas territory of the UK) | none (overseas territory of the UK) |
| Industrial production growth rate | NA% | NA |
| Industries | tourism, international business, light manufacturing | tourism, light industry, construction, rum, concrete block, offshore financial center |
| Infant mortality rate | 9.28 deaths/1,000 live births (2002 est.) | total: 18.05 deaths/1,000 live births
male: 21.02 deaths/1,000 live births female: 14.95 deaths/1,000 live births (2004 est.) |
| Inflation rate (consumer prices) | 3% (July 2001) | 2.5% (2002) |
| International organization participation | Caricom (observer), CCC, ICFTU, Interpol (subbureau), IOC | Caricom (associate), CDB, Interpol (subbureau), IOC, OECS (associate), UNESCO (associate), UPU |
| Internet Service Providers (ISPs) | 20 (2000) | - |
| Irrigated land | NA sq km | NA sq km |
| Judicial branch | Supreme Court; Court of Appeal; Magistrate Courts | Eastern Caribbean Supreme Court, consisting of the High Court of Justice and the Court of Appeal (one judge of the Supreme Court is a resident of the islands and presides over the High Court); Magistrate's Court; Juvenile Court; Court of Summary Jurisdiction |
| Labor force | 37,472 (2000) | 4,911 (1980) |
| 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 NA, industry NA, services NA |
| 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: 20%
permanent crops: 6.67% other: 73.33% (2001) |
| Languages | English (official), Portuguese | English (official) |
| Legal system | English law | English 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 |
unicameral Legislative Council (13 seats; members are elected by direct popular vote, one member from each of 9 electoral districts, four at-large members; members serve four-year terms)
elections: last held 16 May 2003 (next to be held NA 2007) election results: percent of vote by party - NA; seats by party - NDP 8, VIP 5 |
| Life expectancy at birth | total population: 77.3 years
male: 75.21 years female: 79.27 years (2002 est.) |
total population: 76.27 years
male: 75.24 years female: 77.36 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: 97.8% (1991 est.) male: NA female: NA |
| Location | North America, group of islands in the North Atlantic Ocean, east of North Carolina (US) | Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico |
| Map references | North America | Central America and the Caribbean |
| Maritime claims | exclusive fishing zone: 200 NM
territorial sea: 12 NM |
territorial sea: 3 nm
exclusive fishing 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: 3 ships (1,000 GRT or over) 83,825 GRT/155,909 DWT
by type: cargo 1, liquefied gas 1, petroleum tanker 1 foreign-owned: Norway 1 registered in other countries: 32 (2004 est.) |
| Military - note | defense is the responsibility of the UK | defense is the responsibility of the UK |
| Military branches | no regular indigenous military forces; Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary | - |
| Military expenditures - dollar figure | $4,027,970 (January 2002) | - |
| Military expenditures - percent of GDP | 0.11% (FY00/01) | - |
| National holiday | Bermuda Day, 24 May | Territory Day, 1 July |
| Nationality | noun: Bermudian(s)
adjective: Bermudian |
noun: British Virgin Islander(s)
adjective: British Virgin Islander |
| Natural hazards | hurricanes (June to November) | hurricanes and tropical storms (July to October) |
| Natural resources | limestone, pleasant climate fostering tourism | NEGL |
| Net migration rate | 2.61 migrant(s)/1,000 population (2002 est.) | 10.01 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] | Concerned Citizens Movement or CCM [Ethlyn SMITH]; National Democratic Party or NDP [Orlando SMITH]; United Party or UP [Gregory MADURO]; Virgin Islands Party or VIP [Ralph T. O'NEAL] |
| 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.) | 22,187 (July 2004 est.) |
| Population below poverty line | NA% | NA |
| Population growth rate | 0.69% (2002 est.) | 2.06% (2004 est.) |
| Ports and harbors | Hamilton, Saint George's, Dockyard | Road Town |
| Radio broadcast stations | AM 5, FM 3, shortwave 0 (1998) | AM 1, FM 4, shortwave 0 (1998) |
| Radios | 82,000 (1997) | - |
| Railways | 0 km | - |
| Religions | non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19% | Protestant 86% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, Jehovah's Witnesses 2%, other 15%), Roman Catholic 10%, none 2%, other 2% (1991) |
| 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: 1.05 male(s)/female
under 15 years: 1.02 male(s)/female 15-64 years: 1.06 male(s)/female 65 years and over: 1.13 male(s)/female total population: 1.06 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: worldwide telephone service
domestic: NA international: country code - 1-284; submarine cable to Bermuda |
| Telephones - main lines in use | 52,000 (1997) | 11,700 (2002) |
| Telephones - mobile cellular | 7,980 (1996) | 8,000 (2002) |
| Television broadcast stations | 3 (1997) | 1 (plus one cable company) (1997) |
| Terrain | low hills separated by fertile depressions | coral islands relatively flat; volcanic islands steep, hilly |
| Total fertility rate | 1.81 children born/woman (2002 est.) | 1.72 children born/woman (2004 est.) |
| Unemployment rate | 4.5% (1993) | 3% (1995) |
| Waterways | none | - |
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