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Compare Bermuda (2004) - British Virgin Islands (2003)
Compare Bermuda (2004) z British Virgin Islands (2003)
| Bermuda (2004) | British Virgin Islands (2003) | |
 |  | |
| 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: 19.1% (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: 21.9% (male 2,401; female 2,358)
15-64 years: 73.1% (male 8,181; female 7,709) 65 years and over: 5% (male 578; female 503) (2003 est.) |
| Agriculture - products | bananas, vegetables, citrus, flowers; dairy products | fruits, vegetables; livestock, poultry; fish |
| Airports | 1 (2003 est.) | 3 (2002) |
| Airports - with paved runways | total: 1
2,438 to 3,047 m: 1 (2004 est.) |
total: 2
914 to 1,523 m: 1 under 914 m: 1 (2002) |
| Airports - with unpaved runways | - | total: 1
914 to 1,523 m: 1 (2002) |
| 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 island of Anegada |
| 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 settled by the Dutch in 1648, the islands were annexed in 1672 by the English. 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 | 11.83 births/1,000 population (2004 est.) | 15 births/1,000 population (2003 est.) |
| Budget | revenues: $671.1 million
expenditures: $594.6 million, including capital expenditures of $55 million (FY03/04) |
revenues: $121.5 million
expenditures: $115.5 million, including capital expenditures of $NA (1997) |
| Capital | Hamilton | Road Town |
| 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 and 2003 | 1 June 1977 |
| 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) | US dollar (USD) |
| Death rate | 7.55 deaths/1,000 population (2004 est.) | 4.46 deaths/1,000 population (2003 est.) |
| Debt - external | $160 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: 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 |
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, 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. | 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 350,000 tourists, mainly from the US, visited the islands in 1998. Tourism suffered in 2002 because of the lackluster US economy. 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, is expected to make 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 dollar as its currency since 1959. |
| Electricity - consumption | 598.6 million kWh (2001) | 35.43 million kWh (2001) |
| Electricity - exports | 0 kWh (2001) | 0 kWh (2001) |
| Electricity - imports | 0 kWh (2001) | 0 kWh (2001) |
| Electricity - production | 643.7 million kWh (2001) | 38.1 million kWh (2001) |
| Electricity - production by source | - | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (2001) |
| 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%, 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 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 Governor Tom MACAN (since 14 October 2002)
head of government: Chief Minister Orlando SMITH (since 17 June 2003) cabinet: Executive Council appointed by the governor from members of the Legislative Council 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 chief minister by the governor |
| Exports | NA (2001) | NA (2001) |
| Exports - commodities | reexports of pharmaceuticals | rum, fresh fish, fruits, animals; gravel, sand |
| Exports - partners | France 62%, Norway 13.8%, UK 7.5% (2003) | Virgin Islands (US), Puerto Rico, US |
| 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 - $2.33 billion (2003 est.) | purchasing power parity - $320 million (2002 est.) |
| GDP - composition by sector | agriculture: 1%
industry: 10% services: 89% (2002 est.) |
agriculture: 1.8%
industry: 6.2% services: 92% (1996 est.) |
| GDP - per capita | purchasing power parity - $36,000 (2003 est.) | purchasing power parity - $16,000 (2002 est.) |
| GDP - real growth rate | 2% (2003 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 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) |
total: 177 km
paved: 177 km unpaved: 0 km (2000) |
| 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 |
| Imports | NA (2001) | NA (2001) |
| Imports - commodities | machinery and transport equipment, construction materials, chemicals, food and live animals | building materials, automobiles, foodstuffs, machinery |
| Imports - partners | Kazakhstan 46.7%, France 32.5%, US 8.5% (2003) | Virgin Islands (US), Puerto Rico, US |
| 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 | 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: 18.8 deaths/1,000 live births
male: 21.86 deaths/1,000 live births female: 15.6 deaths/1,000 live births (2003 est.) |
| Inflation rate (consumer prices) | 3.3% (mid-2003 est.) | 2.5% (2002) |
| International organization participation | Caricom (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO, Egmont Group, Caribbean Financial Action Task Force | Caricom (associate), CDB, ECLAC (associate), Interpol (subbureau), IOC, OECS (associate), UNESCO (associate) |
| Internet Service Providers (ISPs) | - | 16 (2000) |
| Irrigated land | NA sq km | NA sq km |
| 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 | 37,470 (2000) | 4,911 (1980) |
| 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 NA%, industry NA%, services NA% |
| Land boundaries | 0 km | 0 km |
| Land use | arable land: 20%
permanent crops: 0% other: 80% (55% developed, 45% rural/open space) (2001) |
arable land: 20%
permanent crops: 6.67% other: 73.33% (1998 est.) |
| 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 (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 |
unicameral Legislative Council (13 seats; members are elected by direct popular vote, one member from each of 9 electoral districts, four at-large members; members serve four-year terms)
elections: last held 16 May 2003 (next to be held NA 2007) election results: percent of vote by party - NA%; seats by party - NDP 8, VIP 5 |
| Life expectancy at birth | total population: 77.6 years
male: 75.54 years female: 79.7 years (2004 est.) |
total population: 76.06 years
male: 75.07 years female: 77.1 years (2003 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 South 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 | territorial sea: 12 nm
exclusive fishing zone: 200 nm |
exclusive fishing zone: 200 NM
territorial sea: 3 NM |
| 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: 1 ship (1,000 GRT or over) 19,203 GRT/28,864 DWT
ships by type: cargo 1 (2002 est.) |
| Military - note | defense is the responsibility of the UK | defense is the responsibility of the UK |
| Military branches | Bermuda Regiment | - |
| Military expenditures - dollar figure | $4.03 million (2001) | - |
| Military expenditures - percent of GDP | 0.11% (FY00/01) | - |
| National holiday | Bermuda Day, 24 May | Territory Day, 1 July |
| 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 | 2.49 migrant(s)/1,000 population (2004 est.) | 10.45 migrant(s)/1,000 population (2003 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]; | 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 Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES] | NA |
| Population | 64,935 (July 2004 est.) | 21,730 (July 2003 est.) |
| Population below poverty line | 19% (2000) | NA% |
| Population growth rate | 0.68% (2004 est.) | 2.1% (2003 est.) |
| Ports and harbors | Hamilton, Saint George's, Dockyard | Road Town |
| Radio broadcast stations | AM 5, FM 3, shortwave 0 (1998) | AM 1, FM 4, shortwave 0 (1998) |
| 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%, none 2%, other 2% (1991) |
| 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: 1.05 male(s)/female
under 15 years: 1.02 male(s)/female 15-64 years: 1.06 male(s)/female 65 years and over: 1.15 male(s)/female total population: 1.06 male(s)/female (2003 est.) |
| Suffrage | 18 years of age; universal | 18 years of age; universal |
| 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: worldwide telephone service
domestic: NA international: submarine cable to Bermuda |
| Telephones - main lines in use | 56,000 (2002) | 10,000 (1996) |
| Telephones - mobile cellular | 37,873 (2003) | NA |
| Television broadcast stations | 4 (2003) | 1 (plus one cable company) (1997) |
| Terrain | low hills separated by fertile depressions | coral islands relatively flat; volcanic islands steep, hilly |
| Total fertility rate | 1.9 children born/woman (2004 est.) | 1.72 children born/woman (2003 est.) |
| Unemployment rate | 5% (2002 est.) | 3% (1995) |
| Waterways | - | none |
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