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Compare Bermuda (2002) - Panama (2005)

Compare Bermuda (2002) z Panama (2005)

 Bermuda (2002)Panama (2005)
 BermudaPanama
Administrative divisions 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick 9 provinces (provincias, singular - provincia) and 1 territory* (comarca); Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Herrera, Los Santos, Panama, San Blas*(Kuna Yala), and Veraguas
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: 29.8% (male 460,840/female 443,359)


15-64 years: 63.9% (male 984,558/female 956,748)


65 years and over: 6.4% (male 91,383/female 102,262) (2005 est.)
Agriculture - products bananas, vegetables, citrus, flowers; dairy products bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp
Airports 1 (2002) 105 (2004 est.)
Airports - with paved runways total: 1


2,438 to 3,047 m: 1 (2002)
total: 44


over 3,047 m: 1


2,438 to 3,047 m: 1


1,524 to 2,437 m: 5


914 to 1,523 m: 15


under 914 m: 22 (2004 est.)
Airports - with unpaved runways - total: 61


914 to 1,523 m: 12


under 914 m: 49 (2004 est.)
Area total: 53.3 sq km


land: 53.3 sq km


water: 0 sq km
total: 78,200 sq km


land: 75,990 sq km


water: 2,210 sq km
Area - comparative about one-third the size of Washington, DC slightly smaller than South Carolina
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. With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. On 7 September 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of 1999. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the intervening years. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were turned over to Panama by or on 31 December 1999.
Birth rate 11.82 births/1,000 population (2002 est.) 19.96 births/1,000 population (2005 est.)
Budget revenues: $609.5 million


expenditures: $574.6 million, including capital expenditures of $54.8 million (FY00/01)
revenues: $3.095 billion


expenditures: $3.737 billion, including capital expenditures of $471 million (2004 est.)
Capital Hamilton Panama
Climate subtropical; mild, humid; gales, strong winds common in winter tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)
Coastline 103 km 2,490 km
Constitution 8 June 1968, amended 1989 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004
Country name conventional long form: none


conventional short form: Bermuda


former: Somers Islands
conventional long form: Republic of Panama


conventional short form: Panama


local long form: Republica de Panama


local short form: Panama
Currency Bermudian dollar (BMD) -
Death rate 7.49 deaths/1,000 population (2002 est.) 6.54 deaths/1,000 population (2005 est.)
Debt - external $145 million (FY99/00) $8.78 billion (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 Linda Ellen WATT


embassy: Avenida Balboa and Calle 37, Apartado Postal 0816-02561, Zona 5, Panama City 5


mailing address: American Embassy Panama, Unit 0945, APO AA 34002


telephone: [507] 207-7000


FAX: [507] 227-1964
Diplomatic representation in the US none (overseas territory of the UK) chief of mission: Ambassador Federico HUMBERT Arias


chancery: 2862 McGill Terrace NW, Washington, DC 20008


telephone: [1] (202) 483-1407


FAX: [1] (202) 483-8416


consulate(s) general: Atlanta, Houston, Miami, New Orleans, New York, Philadelphia, San Francisco, San Juan (Puerto Rico), Tampa
Disputes - international none organized illegal narcotics operations in Colombia operate within the border region with Panama
Economic aid - recipient $NA $197.1 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. Panama's dollarised economy rests primarily on a well-developed services sector that accounts for four-fifths of GDP. Services include operating the Panama Canal, banking, the Colon Free Zone, insurance, container ports, flagship registry, and tourism. A slump in Colon Free Zone and agricultural exports, the global slowdown, and the withdrawal of US military forces held back economic growth in 2000-03; growth picked up in 2004 led by export-oriented services and a construction boom stimulated by tax incentives. The government has been backing tax reforms, reform of the social security program, new regional trade agreements, and development of tourism. Unemployment remains high.
Electricity - consumption 553.35 million kWh (2000) 4.473 billion kWh (2002)
Electricity - exports 0 kWh (2000) 120 million kWh (2002)
Electricity - imports 0 kWh (2000) 61 million kWh (2002)
Electricity - production 595 million kWh (2000) 4.873 billion kWh (2002)
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: Pacific Ocean 0 m


highest point: Volcan de Chiriqui 3,475 m
Environment - current issues asbestos disposal; water pollution; preservation of open space; sustainable development water pollution from agricultural runoff threatens fishery resources; deforestation of tropical rain forest; land degradation and soil erosion threatens siltation of Panama Canal; air pollution in urban areas; mining threatens natural resources
Environment - international agreements - party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling


signed, but not ratified: Marine Life Conservation
Ethnic groups black 58%, white 36%, other 6% mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6%
Exchange rates Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar) balboas per US dollar - 1 (2004), 1 (2003), 1 (2002), 1 (2001), 1 (2000)
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: President Martin TORRIJOS Espino (since 1 September 2004); First Vice President Samuel LEWIS Navarro (since 1 September 2004); Second Vice President Ruben AROSEMENA Valdes (since 1 September 2004); note - the president is both the chief of state and head of government


head of government: President Martin TORRIJOS Espino (since 1 September 2004); First Vice President Samuel LEWIS Navarro (since 1 September 2004); Second Vice President Ruben AROSEMENA Valdes (since 1 September 2004); note - the president is both the chief of state and head of government


cabinet: Cabinet appointed by the president


elections: president and vice presidents elected on the same ticket by popular vote for five-year terms; election last held 2 May 2004 (next to be held 3 May 2009); note - beginning in 2009, Panama will have only one vice president.


election results: Martin TORRIJOS Espino elected president; percent of vote - Martin TORRIJOS Espino 47.5%, Guillermo ENDARA Galimany 30.6%, Jose Miguel ALEMAN 17%, Ricardo MARTINELLI 4.9%


note: government coalition - PRD (Democratic Revolutionary Party), PP (Popular Party)
Exports $51 million (2000) NA
Exports - commodities reexports of pharmaceuticals bananas, shrimp, sugar, coffee, clothing (1999)
Exports - partners EU excluding UK 77.9%, US 9.8%, UK 6.9% (1999) US 50.5%, Sweden 6.6%, Spain 5.1%, Netherlands 4.4%, Costa Rica 4.2% (2004)
Fiscal year 1 April - 31 March calendar year
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 divided into four, equal rectangles; the top quadrants are white (hoist side) with a blue five-pointed star in the center and plain red; the bottom quadrants are plain blue (hoist side) and white with a red five-pointed star in the center
GDP purchasing power parity - $2.2 billion (2001 est.) -
GDP - composition by sector agriculture: 1%


industry: 10%


services: 89% (1995 est.)
agriculture: 7.2%


industry: 13%


services: 79.8% (2004 est.)
GDP - per capita purchasing power parity - $34,800 (2001 est.) purchasing power parity - $6,900 (2004 est.)
GDP - real growth rate 2.9% (2001 est.) 6% (2004 est.)
Geographic coordinates 32 20 N, 64 45 W 9 00 N, 80 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 on eastern end of isthmus forming land bridge connecting North and South America; controls Panama Canal that links North Atlantic Ocean via Caribbean Sea with North Pacific Ocean
Highways total: 450 km


paved: 450 km


unpaved: 0 km


note: public roads - 209 km; private roads - 241 km (2002)
total: 11,643 km


paved: 4,028 km (including 30 km of expressways)


unpaved: 7,615 km (2000 est.)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: 1.2%


highest 10%: 35.7% (1997)
Illicit drugs - major cocaine transshipment point and primary money-laundering center for narcotics revenue; money-laundering activity is especially heavy in the Colon Free Zone; offshore financial center; negligible signs of coca cultivation; monitoring of financial transactions is improving; official corruption remains a major problem
Imports $719 million (2000) NA
Imports - commodities machinery and transport equipment, construction materials, chemicals, food and live animals capital goods, foodstuffs, consumer goods, chemicals
Imports - partners EU excluding UK 35.4%, US 17.8%, UK 15.4%, Russia 14.6% (1999) US 33.3%, Netherlands Antilles 8.1%, Japan 6%, Costa Rica 5.7%, Mexico 4.6%, Colombia 4.2% (2004)
Independence none (overseas territory of the UK) 3 November 1903 (from Colombia; became independent from Spain 28 November 1821)
Industrial production growth rate NA% 5.4% (2004 est.)
Industries tourism, international business, light manufacturing construction, brewing, cement and other construction materials, sugar milling
Infant mortality rate 9.28 deaths/1,000 live births (2002 est.) total: 20.47 deaths/1,000 live births


male: 22.59 deaths/1,000 live births


female: 18.26 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 3% (July 2001) 2% (2004 est.)
International organization participation Caricom (observer), CCC, ICFTU, Interpol (subbureau), IOC FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA (observer), MIGA, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO
Internet Service Providers (ISPs) 20 (2000) -
Irrigated land NA sq km 320 sq km (1998 est.)
Judicial branch Supreme Court; Court of Appeal; Magistrate Courts Supreme Court of Justice or Corte Suprema de Justicia (nine judges appointed for 10-year terms); five superior courts; three courts of appeal
Labor force 37,472 (2000) 1.32 million


note: shortage of skilled labor, but an oversupply of unskilled labor (2004 est.)
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 20.8%, industry 18%, services 61.2% (1995 est.)
Land boundaries 0 km total: 555 km


border countries: Colombia 225 km, Costa Rica 330 km
Land use arable land: 0%


permanent crops: 0%


other: 100% (55% developed, 45% rural/open space) (1998 est.)
arable land: 7.36%


permanent crops: 1.98%


other: 90.66% (2001)
Languages English (official), Portuguese Spanish (official), English 14%; note - many Panamanians bilingual
Legal system English law based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations
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 National Assembly (formerly called Legislative Assembly) or Asamblea Nacional (78 seats; members are elected by popular vote to serve five-year terms; note - in 2009, the number of seats will change to 71)


elections: last held 2 May 2004 (next to be held 3 May 2009)


election results: percent of vote by party - NA%; seats by party - PRD 40, PA 17, PS 8, MOLIRENA 3, CD 2, PP 2, PLN 1, other 5


note: legislators from outlying rural districts are chosen on a plurality basis while districts located in more populous towns and cities elect multiple legislators by means of a proportion-based formula
Life expectancy at birth total population: 77.3 years


male: 75.21 years


female: 79.27 years (2002 est.)
total population: 75.25 years


male: 72.68 years


female: 77.93 years (2005 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: 92.6%


male: 93.2%


female: 91.9% (2003 est.)
Location North America, group of islands in the North Atlantic Ocean, east of North Carolina (US) Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
Map references North America Central America and the Caribbean
Maritime claims exclusive fishing zone: 200 NM


territorial sea: 12 NM
territorial sea: 12 nm


contiguous zone: 24 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: 5,005 ships (1,000 GRT or over) 122,960,929 GRT/183,615,337 DWT


by type: barge carrier 1, bulk carrier 1,548, cargo 886, chemical tanker 465, combination ore/oil 13, container 605, liquefied gas 183, livestock carrier 8, passenger 42, passenger/cargo 77, petroleum tanker 521, refrigerated cargo 298, roll on/roll off 97, specialized tanker 5, vehicle carrier 256


foreign-owned: 4,388 (Andorra 1, Argentina 9, Australia 3, Bahamas 1, Belgium 14, Brazil 1, Canada 1, Chile 14, China 310, Colombia 5, Croatia 1, Cuba 9, Cyprus 7, Denmark 13, Egypt 15, France 7, Germany 23, Greece 546, Hong Kong 159, India 8, Indonesia 46, Ireland 1, Isle of Man 2, Israel 3, Italy 8, Japan 1814, Jordan 9, Latvia 2, Lithuania 5, Malaysia 11, Maldives 1, Malta 1, Mexico 4, Monaco 8, Netherlands 22, New Zealand 1, Nigeria 6, Norway 66, Pakistan 1, Peru 13, Philippines 15, Poland 19, Portugal 8, Romania 13, Russia 4, Saudi Arabia 4, Singapore 54, South Africa 3, South Korea 292, Spain 41, Sri Lanka 1, Sudan 1, Sweden 4, Switzerland 188, Syria 7, Taiwan 301, Thailand 10, Trinidad & Tobago 1, Tunisia 1, Turkey 18, Ukraine 9, UAE 83, United Kingdom 29, United States 88, Venezuela 20, Vietnam 2, Yemen 1) (2005)
Military - note defense is the responsibility of the UK on 10 February 1990, the government of then President ENDARA abolished Panama's military and reformed the security apparatus by creating the Panamanian Public Forces; in October 1994, Panama's Legislative Assembly approved a constitutional amendment prohibiting the creation of a standing military force, but allowing the temporary establishment of special police units to counter acts of "external aggression"
Military branches no regular indigenous military forces; Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary an amendment to the Constitution abolished the armed forces, but there are security forces (Panamanian Public Forces or PPF includes the Panamanian National Police, National Maritime Service, and National Air Service)
Military expenditures - dollar figure $4,027,970 (January 2002) $147 million (2004)
Military expenditures - percent of GDP 0.11% (FY00/01) 1.1% (2004)
National holiday Bermuda Day, 24 May Independence Day, 3 November (1903)
Nationality noun: Bermudian(s)


adjective: Bermudian
noun: Panamanian(s)


adjective: Panamanian
Natural hazards hurricanes (June to November) occasional severe storms and forest fires in the Darien area
Natural resources limestone, pleasant climate fostering tourism copper, mahogany forests, shrimp, hydropower
Net migration rate 2.61 migrant(s)/1,000 population (2002 est.) -0.86 migrant(s)/1,000 population (2005 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] Democratic Change or CD [Ricardo MARTINELLI]; Democratic Revolutionary Party or PRD [Martin TORRIJOS]; National Liberal Party or PLN [Anibal GALINDO]; Nationalist Republican Liberal Movement or MOLIRENA [Jesus ROSAS]; Panamenista Party or PA (formerly the Arnulfista Party) [Mireya Elisa MOSCOSO Rodriguez]; Popular Party or PP (formerly Christian Democratic Party or PDC) [Ruben AROSEMENA]; Solidarity Party or PS [Jose Raul MULINO]
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] Chamber of Commerce; National Civic Crusade; National Council of Organized Workers or CONATO; National Council of Private Enterprise or CONEP; National Union of Construction and Similar Workers (SUNTRACS); Panamanian Association of Business Executives or APEDE; Panamanian Industrialists Society or SIP; Workers Confederation of the Republic of Panama or CTRP
Population 63,960 (July 2002 est.) 3,039,150 (July 2005 est.)
Population below poverty line NA% 37% (1999 est.)
Population growth rate 0.69% (2002 est.) 1.26% (2005 est.)
Ports and harbors Hamilton, Saint George's, Dockyard Balboa, Colon, Cristobal
Radio broadcast stations AM 5, FM 3, shortwave 0 (1998) AM 101, FM 134, shortwave 0 (1998)
Radios 82,000 (1997) -
Railways 0 km total: 355 km


standard gauge: 76 km 1.435-m gauge


narrow gauge: 279 km 0.914-m gauge (2004)
Religions non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19% Roman Catholic 85%, Protestant 15%
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: 1.04 male(s)/female


under 15 years: 1.04 male(s)/female


15-64 years: 1.03 male(s)/female


65 years and over: 0.89 male(s)/female


total population: 1.02 male(s)/female (2005 est.)
Suffrage 18 years of age; universal 18 years of age; universal and compulsory
Telephone system general assessment: NA


domestic: modern, fully automatic telephone system


international: 3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean)
general assessment: domestic and international facilities well developed


domestic: NA


international: country code - 507; 1 coaxial submarine cable; satellite earth stations - 2 Intelsat (Atlantic Ocean); connected to the Central American Microwave System
Telephones - main lines in use 52,000 (1997) 386,900 (2002)
Telephones - mobile cellular 7,980 (1996) 834,000 (2003)
Television broadcast stations 3 (1997) 38 (including repeaters) (1998)
Terrain low hills separated by fertile depressions interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills
Total fertility rate 1.81 children born/woman (2002 est.) 2.45 children born/woman (2005 est.)
Unemployment rate 4.5% (1993) 12.6% (2004 est.)
Waterways none 800 km (includes 82 km Panama Canal) (2004)
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