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Compare Bermuda (2004) - Bermuda (2007)

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 Bermuda (2004)Bermuda (2007)
 BermudaBermuda
Age structure 0-14 years: 19.1% (male 6,192; female 6,186)


15-64 years: 69.3% (male 22,268; female 22,703)


65 years and over: 11.7% (male 3,295; female 4,291) (2004 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 (2003 est.) 1 (2007)
Airports - with paved runways total: 1


2,438 to 3,047 m: 1 (2004 est.)
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 11.83 births/1,000 population (2004 est.) 11.26 births/1,000 population (2007 est.)
Budget revenues: $671.1 million


expenditures: $594.6 million, including capital expenditures of $55 million (FY03/04)
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 and 2003 8 June 1968; amended 1989 and 2003
Currency Bermudian dollar (BMD) -
Death rate 7.55 deaths/1,000 population (2004 est.) 7.84 deaths/1,000 population (2007 est.)
Diplomatic representation from the US chief of mission: Deputy Chief of Mission Antoinette BOECKER


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, equal to that of the US. Its economy is 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 - was severely hit as American tourists chose not to travel. Tourism rebounded somewhat in 2002-03. 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, 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)
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); Deputy Premier Ewart BROWN


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 62%, Norway 13.8%, UK 7.5% (2003) Spain 31.6%, UK 16.6%, Brazil 9.6%, Sweden 7.9% (2006)
GDP purchasing power parity - $2.33 billion (2003 est.) -
GDP - per capita purchasing power parity - $36,000 (2003 est.) -
GDP - real growth rate 2% (2003 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)
-
Household income or consumption by percentage share lowest 10%: NA


highest 10%: NA
lowest 10%: NA%


highest 10%: NA%
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 46.7%, France 32.5%, US 8.5% (2003) US 71.8%, Venezuela 6.9%, Canada 6.6% (2006)
Industrial production growth rate NA NA%
Industries tourism, international business, light manufacturing international business, tourism, light manufacturing
Infant mortality rate total: 8.79 deaths/1,000 live births


male: 10.45 deaths/1,000 live births


female: 7.1 deaths/1,000 live births (2004 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) 3.3% (mid-2003 est.) 2.8% (November 2005)
International organization participation Caricom (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO, Egmont Group, Caribbean Financial Action Task Force Caricom (associate), Interpol (subbureau), IOC, ITUC, UPU, WCO
Irrigated land NA sq km NA
Labor force 37,470 (2000) 38,360 (2004)
Labor force - by occupation agriculture and fishing 3%, laborers 17%, clerical 22%, professional and technical 17%, administrative and managerial 13%, sales 8%, services 20% (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: 20%


permanent crops: 0%


other: 80% (55% developed, 45% rural/open space) (2001)
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 up to 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: 77.6 years


male: 75.54 years


female: 79.7 years (2004 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.)
Merchant marine total: 94 ships (1,000 GRT or over) 4,845,326 GRT/6,501,782 DWT


by type: bulk 25, cargo 4, container 17, liquefied gas 9, passenger 6, petroleum tanker 9, refrigerated cargo 11, roll on/roll off 10, short-sea/passenger 3


foreign-owned: Croatia 5, Germany 2, Greece 21, Hong Kong 9, Indonesia 1, Sweden 6, Switzerland 1, United Kingdom 33, United States 12


registered in other countries: 2 (2004 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 Bermuda Regiment no regular military forces; Bermuda Police Service, Bermuda Reserve Constabulary, Bermuda Regiment
Military expenditures - dollar figure $4.03 million (2001) -
Military expenditures - percent of GDP 0.11% (FY00/01) 0.11% (2005 est.)
Net migration rate 2.49 migrant(s)/1,000 population (2004 est.) 2.34 migrant(s)/1,000 population (2007 est.)
Political parties and leaders Gombey Liberation Party or GLP [Gavin Sundjata SMITH]; National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [William Alexander SCOTT]; United Bermuda Party or UBP [Grant GIBBONS]; Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [Wayne FURBERT]
Population 64,935 (July 2004 est.) 66,163 (July 2007 est.)
Population growth rate 0.68% (2004 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)
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 (2004 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: good


domestic: modern, fully automatic telephone system


international: country code - 1-441; 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 56,000 (2002) 57,700 (2006)
Telephones - mobile cellular 37,873 (2003) 60,100 (2006)
Television broadcast stations 4 (2003) 3 (2005)
Total fertility rate 1.9 children born/woman (2004 est.) 1.88 children born/woman (2007 est.)
Unemployment rate 5% (2002 est.) 2.1% (2004 est.)
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