Bermuda (2003) | Venezuela (2002) | |
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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 | 23 states (estados, singular - estado), 1 federal district* (distrito federal), and 1 federal dependency** (dependencia federal); Amazonas, Anzoategui, Apure, Aragua, Barinas, Bolivar, Carabobo, Cojedes, Delta Amacuro, Dependencias Federales**, Distrito Federal*, Falcon, Guarico, Lara, Merida, Miranda, Monagas, Nueva Esparta, Portuguesa, Sucre, Tachira, Trujillo, Vargas, Yaracuy, Zulia
note: the federal dependency consists of 11 federally controlled island groups with a total of 72 individual islands |
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: 31.6% (male 3,955,132; female 3,710,159)
15-64 years: 63.6% (male 7,756,362; female 7,695,738) 65 years and over: 4.8% (male 533,559; female 636,720) (2002 est.) |
Agriculture - products | bananas, vegetables, citrus, flowers; dairy products | corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish |
Airports | 1 (2002) | 372 (2001) |
Airports - with paved runways | total: 1
2,438 to 3,047 m: 1 (2002) |
total: 127
over 3,047 m: 5 2,438 to 3,047 m: 11 1,524 to 2,437 m: 32 914 to 1,523 m: 61 under 914 m: 18 (2002) |
Airports - with unpaved runways | - | total: 246
1,524 to 2,437 m: 10 914 to 1,523 m: 97 under 914 m: 139 (2002) |
Area | total: 53.3 sq km
land: 53.3 sq km water: 0 sq km |
total: 912,050 sq km
land: 882,050 sq km water: 30,000 sq km |
Area - comparative | about one-third the size of Washington, DC | slightly more than twice the size of California |
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. | Venezuela was one of the three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Colombia and Ecuador). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically-elected governments have held sway since 1959. Current concerns include: an embattled president who is losing his once solid support among Venezuelans, a divided military, drug-related conflicts along the Colombian border, increasing internal drug consumption, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples. |
Birth rate | 12.13 births/1,000 population (2003 est.) | 20.22 births/1,000 population (2002 est.) |
Budget | revenues: $609.5 million
expenditures: $574.6 million, including capital expenditures of $54.8 million (FY 00/01) |
revenues: $21.5 billion
expenditures: $27 billion, including capital expenditures of $NA (2000 est.) (2000 est.) |
Capital | Hamilton | Caracas |
Climate | subtropical; mild, humid; gales, strong winds common in winter | tropical; hot, humid; more moderate in highlands |
Coastline | 103 km | 2,800 km |
Constitution | 8 June 1968, amended 1989 | 30 December 1999 |
Country name | conventional long form: none
conventional short form: Bermuda former: Somers Islands |
conventional long form: Bolivarian Republic of Venezuela
conventional short form: Venezuela local long form: Republica Bolivariana de Venezuela local short form: Venezuela |
Currency | Bermudian dollar (BMD) | bolivar (VEB) |
Death rate | 7.46 deaths/1,000 population (2003 est.) | 4.91 deaths/1,000 population (2002 est.) |
Debt - external | $145 million (FY 99/00) | $34.5 billion (2000) (2000) |
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 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: Ambassador Charles S. SHAPIRO
embassy: Calle F con Calle Suapure, Urbanizacion Colinas de Valle Arriba, Caracas 1080 mailing address: P. O. Box 62291, Caracas 1060-A; APO AA 34037 telephone: [58] (212) 975-9234, 975-6411 FAX: [58] (212) 975-8991 |
Diplomatic representation in the US | none (overseas territory of the UK) | chief of mission: Ambassador (vacant); Charge d' Affaires Luis HERERRA Marcano
chancery: 1099 30th Street NW, Washington, DC 20007 telephone: [1] (202) 342-2214 FAX: [1] (202) 342-6820 consulate(s) general: Boston, Chicago, Houston, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico) |
Disputes - international | none | claims all of Guyana west of the Essequibo (river); maritime boundary dispute with Colombia in the Gulf of Venezuela; several Caribbean states protest Venezuela's claim to Islas des Aves (Bird Islands), 565 km from Venezuelan mainland |
Economic aid - recipient | $NA | $35 million with more assistance likely as a result of flooding (1999) |
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. | The petroleum sector dominates the economy, accounting for roughly a third of GDP, around 80% of export earnings, and more than half of government operating revenues. Venezuelan officials estimate that GDP grew by 2.7% in 2001. A strong rebound in international oil prices fueled the recovery from the steep recession in 1999. Nevertheless, a weak nonoil sector and capital flight - and a temporary fall in oil prices - undercut the recovery. In early 2002, President CHAVEZ changed the exchange rate regime from a crawling peg to a free floating exchange rate, causing the bolivar to depreciate significantly. |
Electricity - consumption | 598.6 million kWh (2001) | 75.101 billion kWh (2000) |
Electricity - exports | 0 kWh (2001) | 0 kWh (2000) |
Electricity - imports | 0 kWh (2001) | 0 kWh (2000) |
Electricity - production | 643.7 million kWh (2001) | 80.754 billion kWh (2000) |
Electricity - production by source | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (2001) |
fossil fuel: 23%
hydro: 77% 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: Pico Bolivar (La Columna) 5,007 m |
Environment - current issues | asbestos disposal; water pollution; preservation of open space; sustainable development | sewage pollution of Lago de Valencia; oil and urban pollution of Lago de Maracaibo; deforestation; soil degradation; urban and industrial pollution, especially along the Caribbean coast; threat to the rainforest ecosystem from irresponsible mining operations |
Environment - international agreements | - | party to: Antarctic Treaty, Biodiversity, Climate Change, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands
signed, but not ratified: Marine Dumping |
Ethnic groups | black 58%, white 36%, other 6% | Spanish, Italian, Portuguese, Arab, German, African, indigenous people |
Exchange rates | Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar) | bolivares per US dollar - 761.225 (January 2002), 723.666 (2001), 679.960 (2000), 605.717 (1999), 547.556 (1998), 488.635 (1997) |
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: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jose Vicente RANGEL (since 28 April 2002); note - the president is both the chief of state and head of government
head of government: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jose Vicente RANGEL (since 28 April 2002); note - the president is both the chief of state and head of government cabinet: Council of Ministers appointed by the president elections: president elected by popular vote for a six-year term; election last held 30 July 2000 (next to be held NA 2006) election results: Hugo CHAVEZ Frias reelected president; percent of vote - 60% |
Exports | NA (2001) | $29.5 billion f.o.b. (2001) |
Exports - commodities | reexports of pharmaceuticals | petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures |
Exports - partners | France 77.4%, UK 2.8%, US 2.4% (2002) | US 60%, Brazil 5.5%, Colombia 3.5%, Italy 3.5%, Spain 3.4% (2000) |
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 | three equal horizontal bands of yellow (top), blue, and red with the coat of arms on the hoist side of the yellow band and an arc of seven white five-pointed stars centered in the blue band |
GDP | purchasing power parity - $2.25 billion (2002 est.) | purchasing power parity - $146.2 billion (2001 est.) |
GDP - composition by sector | agriculture: 1%
industry: 10% services: 89% (2002 est.) |
agriculture: 5%
industry: 40% services: 55% (2001 est.) |
GDP - per capita | purchasing power parity - $35,200 (2002 est.) | purchasing power parity - $6,100 (2001 est.) |
GDP - real growth rate | 0.5% (2002 est.) | 2.7% (2001 est.) |
Geographic coordinates | 32 20 N, 64 45 W | 8 00 N, 66 00 W |
Geography - note | consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land was leased by US Government from 1941 to 1995 | on major sea and air routes linking North and South America; Angel Falls in the Guiana Highlands is the world's highest waterfall |
Heliports | - | 1 (2002) |
Highways | total: 450 km
paved: 450 km unpaved: 0 km note: public roads - 209 km; private roads - 241 km (2002) |
total: 96,155 km
paved: 32,308 km unpaved: 63,847 km (1997 est.) |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: 2%
highest 10%: 38% (1997) (1997) |
Illicit drugs | - | small-scale illicit producer of opium and coca for the processing of opiates and coca derivatives; however, large quantities of cocaine, heroin, and marijuana transit the country from Colombia bound for US and Europe; significant narcotics-related money-laundering activity, especially along the border with Colombia and on Margarita Island; active eradication program primarily targeting opium; increasing signs of drug-related activities by Colombian insurgents on border |
Imports | NA (2001) | $18.4 billion f.o.b. (2001) |
Imports - commodities | machinery and transport equipment, construction materials, chemicals, food and live animals | raw materials, machinery and equipment, transport equipment, construction materials |
Imports - partners | Kazakhstan 30.9%, France 24.7%, Italy 10.5%, US 9.7%, South Korea 8.4%, Mexico 4.3% (2002) | US 35.8%, Colombia 6.8%, Brazil 4.5%, Germany 3.9%, Italy 3.9% (2000) |
Independence | none (overseas territory of the UK) | 5 July 1811 (from Spain) |
Industrial production growth rate | NA% | NA% |
Industries | tourism, international business, light manufacturing | petroleum, iron ore mining, construction materials, food processing, textiles, steel, aluminum, motor vehicle assembly |
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.) |
24.58 deaths/1,000 live births (2002 est.) |
Inflation rate (consumer prices) | 2.3% (July 2002) | 12.3% (2001) (2001) |
International organization participation | Caricom (observer), ICFTU, Interpol (subbureau), IOC, WCO | CAN, Caricom (observer), CCC, CDB, ECLAC, FAO, G-3, G-15, G-19, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNU, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO |
Internet Service Providers (ISPs) | 20 (2000) | 16 (2000) |
Irrigated land | NA sq km | 540 sq km (1998 est.) |
Judicial branch | Supreme Court; Court of Appeal; Magistrate Courts | Supreme Tribunal of Justice or Tribuna Suprema de Justicia (magistrates are elected by the National Assembly for a single 12-year term) |
Labor force | 37,472 (2000) | 9.9 million (1999) (1999) |
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.) | services 64%, industry 23%, agriculture 13% (1997 est.) |
Land boundaries | 0 km | total: 4,993 km
border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km |
Land use | arable land: 6%
permanent crops: 0% other: 94% (55% developed, 45% rural/open space) (1998 est.) |
arable land: 2.99%
permanent crops: 0.96% other: 96.05% (1998 est.) |
Languages | English (official), Portuguese | Spanish (official), numerous indigenous dialects |
Legal system | English law | based on organic laws as of July 1999; open, adversarial court system; has not accepted compulsory ICJ jurisdiction |
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 |
unicameral National Assembly or Asamblea Nacional (165 seats; members elected by popular vote to serve five-year terms; three seats reserved for the indigenous peoples of Venezuela)
elections: last held 30 July 2000 (next to be held NA 2005) election results: percent of vote by party - NA%; seats by party - pro-government 108 (MVR 92, MAS 6, indigenous 3, other 7), opposition 57 (AD 33, COPEI 6, Justice First 5, other 13) |
Life expectancy at birth | total population: 77.41 years
male: 75.38 years female: 79.49 years (2003 est.) |
total population: 73.56 years
male: 70.53 years female: 76.81 years (2002 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: 91.1% male: 91.8% female: 90.3% (1995 est.) |
Location | North America, group of islands in the North Atlantic Ocean, east of North Carolina (US) | Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana |
Map references | North America | South America |
Maritime claims | exclusive fishing zone: 200 NM
territorial sea: 12 NM |
contiguous zone: 15 NM
continental shelf: 200-m depth or to the depth of exploitation exclusive economic zone: 200 NM territorial sea: 12 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: 45 ships (1,000 GRT or over) totaling 716,361 GRT/1,267,095 DWT
ships by type: bulk 7, cargo 9, liquefied gas 3, passenger/cargo 1, petroleum tanker 14, roll on/roll off 10, short-sea passenger 1 note: includes some foreign-owned ships registered here as a flag of convenience: Denmark 1, Greece 1, Italy 1, United Kingdom 1, United States 2 (2002 est.) |
Military - note | defense is the responsibility of the UK | - |
Military branches | no regular indigenous military forces; Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary | National Armed Forces (Fuerzas Armadas Nacionales or FAN) includes Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada - including marines and Coast Guard), Air Force (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperacion or Guardia Nacional) |
Military expenditures - dollar figure | $4.028 million (January 2002) | $934 million (FY99) |
Military expenditures - percent of GDP | 0.11% (FY00/01) | 0.9% (FY99) |
Military manpower - availability | - | males age 15-49: 6,647,718 (2002 est.) |
Military manpower - fit for military service | - | males age 15-49: 4,786,849 (2002 est.) |
Military manpower - military age | - | 18 years of age (2002 est.) |
Military manpower - reaching military age annually | - | males: 246,185 (2002 est.) |
National holiday | Bermuda Day, 24 May | Independence Day, 5 July (1811) |
Nationality | noun: Bermudian(s)
adjective: Bermudian |
noun: Venezuelan(s)
adjective: Venezuelan |
Natural hazards | hurricanes (June to November) | subject to floods, rockslides, mudslides; periodic droughts |
Natural resources | limestone, pleasant climate fostering tourism | petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds |
Net migration rate | 2.56 migrant(s)/1,000 population (2003 est.) | -0.11 migrant(s)/1,000 population (2002 est.) |
Pipelines | - | crude oil 6,370 km; petroleum products 480 km; natural gas 4,010 km |
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 Action or AD [Claudio FERMIN]; Fifth Republic Movement or MVR [Garcia PONCE]; Homeland for All or PPT [Jose ALBORNIZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; National Convergence or Convergencia [Juan Jose CALDERA]; Radical Cause or La Causa R [Antonio HERRERA]; Social Christian Party or COPEI [Oswaldo ALVAREZ Paz]; Venezuela Project or PV [Henrique SALAS Romer] |
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] | FEDECAMARAS, a conservative business group; VECINOS groups; Venezuelan Confederation of Workers or CTV (labor organization dominated by the Democratic Action) |
Population | 64,482 (July 2003 est.) | 24,287,670 (July 2002 est.) |
Population below poverty line | NA% | 67% (1997 est.) |
Population growth rate | 0.72% (2003 est.) | 1.52% (2002 est.) |
Ports and harbors | Hamilton, Saint George's, Dockyard | Amuay, Bajo Grande, El Tablazo, La Guaira, La Salina, Maracaibo, Matanzas, Palua, Puerto Cabello, Puerto la Cruz, Puerto Ordaz, Puerto Sucre, Punta Cardon |
Radio broadcast stations | AM 5, FM 3, shortwave 0 (1998) | AM 201, FM NA (20 in Caracas), shortwave 11 (1998) |
Radios | - | 10.75 million (1997) |
Railways | 0 km | total: 682 km
standard gauge: 682 km 1.435-m gauge note: 248 km of the existing system are privately owned; passenger services are nonexistent; however, a National Railways Plan, intended to provide a significant railway system, has been initiated (2001) |
Religions | non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19% | nominally Roman Catholic 96%, Protestant 2%, other 2% |
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: 1.07 male(s)/female
under 15 years: 1.07 male(s)/female 15-64 years: 1.01 male(s)/female 65 years and over: 0.84 male(s)/female total population: 1.02 male(s)/female (2002 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 and expanding
domestic: domestic satellite system with 3 earth stations; recent substantial improvement in telephone service in rural areas; substantial increase in digitalization of exchanges and trunk lines; installation of a national interurban fiber-optic network capable of digital multimedia services international: 3 submarine coaxial cables; satellite earth stations - 1 Intelsat (Atlantic Ocean) and 1 PanAmSat; participating with Colombia, Ecuador, Peru, and Bolivia in the construction of an international fiber-optic network |
Telephones - main lines in use | 52,000 (1997) | 2.6 million (however, 3,500,000 have been installed) (1998) |
Telephones - mobile cellular | 7,980 (1996) | 2 million (1998) |
Television broadcast stations | 3 (1997) | 66 (plus 45 repeaters) (1997) |
Terrain | low hills separated by fertile depressions | Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast |
Total fertility rate | 1.9 children born/woman (2003 est.) | 2.41 children born/woman (2002 est.) |
Unemployment rate | 4.5% (1993) | 14.1% (2001 est.) |
Waterways | none | 7,100 km
note: Rio Orinoco and Lago de Maracaibo accept oceangoing vessels |