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Compare Bermuda (2002) - British Virgin Islands (2008)

Compare Bermuda (2002) z British Virgin Islands (2008)

 Bermuda (2002)British Virgin Islands (2008)
 BermudaBritish Virgin Islands
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: 20.2% (male 2,410/female 2,337)


15-64 years: 74.5% (male 9,004/female 8,534)


65 years and over: 5.4% (male 665/female 602) (2007 est.)
Agriculture - products bananas, vegetables, citrus, flowers; dairy products fruits, vegetables; livestock, poultry; fish
Airports 1 (2002) 3 (2007)
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 (2007)
Airports - with unpaved runways - total: 1


914 to 1,523 m: 1 (2007)
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 islands of Tortola, Anegada, Virgin Gorda, Jost van Dyke
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 inhabited by Arawak and later by Carib Indians, the Virgin Islands were settled by the Dutch in 1648 and then annexed by the English in 1672. The islands were part of the British colony of the Leeward Islands from 1872-1960; they were granted autonomy in 1967. 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.) 14.82 births/1,000 population (2007 est.)
Budget revenues: $609.5 million


expenditures: $574.6 million, including capital expenditures of $54.8 million (FY00/01)
revenues: $204.7 million


expenditures: $180.4 million (2004)
Capital Hamilton name: Road Town


geographic coordinates: 18 27 N, 64 37 W


time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)
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 13 June 2007
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) -
Death rate 7.49 deaths/1,000 population (2002 est.) 4.42 deaths/1,000 population (2007 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 820,000 tourists, mainly from the US, visited the islands in 2005. 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, made 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 US dollar as its currency since 1959.
Electricity - consumption 553.35 million kWh (2000) 41.85 million kWh (2005)
Electricity - exports 0 kWh (2000) 0 kWh (2005)
Electricity - imports 0 kWh (2000) 0 kWh (2005)
Electricity - production 595 million kWh (2000) 45 million kWh (2005)
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%, other 17% (includes 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 David PEAREY (since 18 April 2006)


head of government: Premier Ralph T. O'NEAL (since 23 August 2007)


cabinet: Executive Council appointed by the governor from members of the House of Assembly


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 $51 million (2000) 0 bbl/day (2004)
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 (2006)
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.) -
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.) -
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)
-
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) 604.3 bbl/day (2004)
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 (2006)
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: 16.13 deaths/1,000 live births


male: 18.82 deaths/1,000 live births


female: 13.29 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 3% (July 2001) 2% (2005)
International organization participation Caricom (observer), CCC, ICFTU, Interpol (subbureau), IOC Caricom (associate), CDB, Interpol (subbureau), IOC, OECS, UNESCO (associate), UPU
Internet Service Providers (ISPs) 20 (2000) -
Irrigated land NA sq km NA
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) 12,770 (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: 0.6%


industry: 40%


services: 59.4% (2005)
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% (2005)
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 House of Assembly (13 elected seats and 1 non-voting ex officio member in the attorney general; members are elected by direct popular vote, 1 member from each of nine electoral districts, 4 at-large members; to serve four-year terms)


elections: last held 20 August 2007 (next to be held in 2011)


election results: percent of vote by party - VIP 45.2%, NDP 39.6%, independent 15.2%; seats by party - VIP 10, NDP 2, independent 1
Life expectancy at birth total population: 77.3 years


male: 75.21 years


female: 79.27 years (2002 est.)
total population: 76.86 years


male: 75.71 years


female: 78.07 years (2007 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.)
-
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 (1956)
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.) 8.83 migrant(s)/1,000 population (2007 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.) 23,552 (July 2007 est.)
Population below poverty line NA% NA%
Population growth rate 0.69% (2002 est.) 1.923% (2007 est.)
Ports and harbors Hamilton, Saint George's, Dockyard -
Radio broadcast stations AM 5, FM 3, shortwave 0 (1998) AM 1, FM 5, shortwave 0 (2004)
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%, other 2%, none 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: 1.031 male(s)/female


15-64 years: 1.055 male(s)/female


65 years and over: 1.105 male(s)/female


total population: 1.053 male(s)/female (2007 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; connected via submarine cable to Bermuda; the East Caribbean Fiber System (ECFS) optic submarine cable provides connectivity to 13 other islands in the eastern Caribbean (2007)
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 1 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 (2007 est.)
Unemployment rate 4.5% (1993) 3.6% (1997)
Waterways none -
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