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Compare Bermuda (2003) - Bermuda (2007)

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 Bermuda (2003)Bermuda (2007)
 BermudaBermuda
Age structure 0-14 years: 19.2% (male 6,195; female 6,205)


15-64 years: 69.3% (male 22,110; female 22,574)


65 years and over: 11.5% (male 3,215; female 4,183) (2003 est.)
0-14 years: 18.3% (male 6,094/female 6,014)


15-64 years: 69.2% (male 22,696/female 23,094)


65 years and over: 12.5% (male 3,597/female 4,668) (2007 est.)
Agriculture - products bananas, vegetables, citrus, flowers; dairy products bananas, vegetables, citrus, flowers; dairy products, honey
Airports 1 (2002) 1 (2007)
Airports - with paved runways total: 1


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


2,438 to 3,047 m: 1 (2007)
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. 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. Although a referendum on independence from the UK was soundly defeated in 1995, the present government has reopened debate on the issue.
Birth rate 12.13 births/1,000 population (2003 est.) 11.26 births/1,000 population (2007 est.)
Budget revenues: $609.5 million


expenditures: $574.6 million, including capital expenditures of $54.8 million (FY 00/01)
revenues: $738 million


expenditures: $665 million (FY04/05)
Capital Hamilton name: Hamilton


geographic coordinates: 32 17 N, 64 47 W


time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)


daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November
Constitution 8 June 1968, amended 1989 8 June 1968; amended 1989 and 2003
Currency Bermudian dollar (BMD) -
Death rate 7.46 deaths/1,000 population (2003 est.) 7.84 deaths/1,000 population (2007 est.)
Debt - external $145 million (FY 99/00) $160 million (FY99/00)
Diplomatic representation from the US chief of mission: Consul General Denis Patrick COLEMAN, Jr.


consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3


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: Consul General Gregory W. SLAYTON


consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3


mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, US Department of State, 5300 Hamilton Place, Washington, DC 20520-5300


telephone: [1] (441) 295-1342


FAX: [1] (441) 295-1592, [1] (441) 296-9233
Economic aid - recipient $NA $NA (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 tourism industry - which derives over 80% of its visitors from the US - has been severely hit as American tourists have chosen not to travel. Tourism rebounded somewhat in 2002, but remains below the pre-11 September level. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important. Agriculture is limited, only 6% of the land being arable. Bermuda enjoys the highest per capita income in the world, more than 50% higher than that of the US. Its economy is primarily based on providing financial services for international business and luxury facilities for tourists. A number of reinsurance companies relocated to the island following the 11 September 2001 attacks and again after Hurricane Katrina in August 2005, contributing to the expansion of an already robust international business sector. Bermuda's tourism industry - which derives over 80% of its visitors from the US - continues to struggle but remains the island's number two industry. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important; the average cost of a house in June 2003 had risen to $976,000. Agriculture is limited with only 20% of the land being arable.
Electricity - consumption 598.6 million kWh (2001) 574.8 million kWh (2005)
Electricity - exports 0 kWh (2001) 0 kWh (2005)
Electricity - imports 0 kWh (2001) 0 kWh (2005)
Electricity - production 643.7 million kWh (2001) 618 million kWh (2005)
Electricity - production by source fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (2001)
-
Environment - current issues asbestos disposal; water pollution; preservation of open space; sustainable development sustainable development
Ethnic groups black 58%, white 36%, other 6% black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census)
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 Alex SCOTT (since 24 July 2003)


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 Acting Governor Mark CAPES (since 12 October 2007)


head of government: Premier Ewart BROWN (since 30 October 2006); Deputy Premier Paula COX


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
Exports NA (2001) 0 bbl/day (2005)
Exports - partners France 77.4%, UK 2.8%, US 2.4% (2002) Spain 31.6%, UK 16.6%, Brazil 9.6%, Sweden 7.9% (2006)
GDP purchasing power parity - $2.25 billion (2002 est.) -
GDP - per capita purchasing power parity - $35,200 (2002 est.) -
GDP - real growth rate 0.5% (2002 est.) 4.6% (2004 est.)
Highways total: 450 km


paved: 450 km


unpaved: 0 km


note: public roads - 209 km; private roads - 241 km (2002)
-
Imports NA (2001) NA bbl/day
Imports - commodities machinery and transport equipment, construction materials, chemicals, food and live animals clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals
Imports - partners Kazakhstan 30.9%, France 24.7%, Italy 10.5%, US 9.7%, South Korea 8.4%, Mexico 4.3% (2002) US 71.8%, Venezuela 6.9%, Canada 6.6% (2006)
Industries tourism, international business, light manufacturing international business, tourism, light manufacturing
Infant mortality rate total: 9.05 deaths/1,000 live births


male: 10.77 deaths/1,000 live births


female: 7.3 deaths/1,000 live births (2003 est.)
total: 8.08 deaths/1,000 live births


male: 9.58 deaths/1,000 live births


female: 6.56 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 2.3% (July 2002) 2.8% (November 2005)
International organization participation Caricom (observer), ICFTU, Interpol (subbureau), IOC, WCO Caricom (associate), Interpol (subbureau), IOC, ITUC, UPU, WCO
Internet Service Providers (ISPs) 20 (2000) -
Irrigated land NA sq km NA
Labor force 37,472 (2000) 38,360 (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 and fishing 3%, laborers 17%, clerical 19%, professional and technical 21%, administrative and managerial 15%, sales 7%, services 19% (2004 est.)
Land use arable land: 6%


permanent crops: 0%


other: 94% (55% developed, 45% rural/open space) (1998 est.)
arable land: 20%


permanent crops: 0%


other: 80% (55% developed, 45% rural/open space) (2005)
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 (36 seats; members are elected by popular vote to serve five-year terms)


elections: last general election held 24 July 2003 (next to be held NA July 2008)


election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, UBP 14
bicameral Parliament consists of the Senate (11 seats; members appointed by the governor, the premier, and the opposition) and the House of Assembly (36 seats; members are elected by popular vote to serve up to five-year terms)


elections: last general election held 24 July 2003 (next to be held not later than July 2008)


election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, UBP 14
Life expectancy at birth total population: 77.41 years


male: 75.38 years


female: 79.49 years (2003 est.)
total population: 78.13 years


male: 76 years


female: 80.29 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: 98%


male: 98%


female: 99% (2005 est.)
Location North America, group of islands in the North Atlantic Ocean, east of North Carolina (US) North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)
Maritime claims exclusive fishing zone: 200 NM


territorial sea: 12 NM
territorial sea: 12 nm


exclusive fishing zone: 200 nm
Merchant marine total: 93 ships (1,000 GRT or over) 4,993,227 GRT/7,089,760 DWT


ships by type: bulk 25, cargo 4, chemical tanker 1, container 14, liquefied gas 9, passenger 5, petroleum tanker 11, refrigerated cargo 13, roll on/roll off 7, short-sea passenger 4


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: 133 ships (1000 GRT or over) 8,366,999 GRT/8,615,385 DWT


by type: bulk carrier 24, container 22, liquefied gas 30, passenger 23, passenger/cargo 5, petroleum tanker 15, refrigerated cargo 10, roll on/roll off 4


foreign-owned: 126 (Australia 4, Belgium 3, China 10, France 1, Germany 21, Greece 3, Hong Kong 4, Ireland 1, Israel 3, Japan 1, Nigeria 11, Norway 5, Singapore 1, Sweden 15, UK 20, US 23)


registered in other countries: 50 (Bahamas 12, Croatia 2, Marshall Islands 5, Philippines 31) (2007)
Military branches no regular indigenous military forces; Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary no regular military forces; Bermuda Police Service, Bermuda Reserve Constabulary, Bermuda Regiment
Military expenditures - dollar figure $4.028 million (January 2002) -
Military expenditures - percent of GDP 0.11% (FY00/01) 0.11% (2005 est.)
Net migration rate 2.56 migrant(s)/1,000 population (2003 est.) 2.34 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] Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [Wayne FURBERT]
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] Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES]
Population 64,482 (July 2003 est.) 66,163 (July 2007 est.)
Population below poverty line NA% 19% (2000)
Population growth rate 0.72% (2003 est.) 0.576% (2007 est.)
Ports and harbors Hamilton, Saint George's, Dockyard -
Radio broadcast stations AM 5, FM 3, shortwave 0 (1998) AM 5, FM 3, shortwave 0 (2005)
Railways 0 km -
Religions non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19% Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census)
Sex ratio at birth: 1.02 male(s)/female


under 15 years: 1 male(s)/female


15-64 years: 0.98 male(s)/female


65 years and over: 0.77 male(s)/female


total population: 0.96 male(s)/female (2003 est.)
at birth: 1.02 male(s)/female


under 15 years: 1.013 male(s)/female


15-64 years: 0.983 male(s)/female


65 years and over: 0.771 male(s)/female


total population: 0.959 male(s)/female (2007 est.)
Telephone system general assessment: NA


domestic: modern, fully automatic telephone system


international: 3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean)
general assessment: good


domestic: fully automatic digital telephone system; fiber-optic trunk lines


international: country code - 1-441; landing point for the Atlantica-1 telecommunications submarine cable that extends from the US to Brazil; satellite earth stations - 3 (2007)
Telephones - main lines in use 52,000 (1997) 57,700 (2006)
Telephones - mobile cellular 7,980 (1996) 60,100 (2006)
Television broadcast stations 3 (1997) 3 (2005)
Total fertility rate 1.9 children born/woman (2003 est.) 1.88 children born/woman (2007 est.)
Unemployment rate 4.5% (1993) 2.1% (2004 est.)
Waterways none -
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