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Compare Bermuda (2005) - Bermuda (2002)

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 Bermuda (2005)Bermuda (2002)
 BermudaBermuda
Age structure 0-14 years: 18.9% (male 6,177/female 6,154)


15-64 years: 69.2% (male 22,422/female 22,828)


65 years and over: 11.9% (male 3,378/female 4,406) (2005 est.)
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.)
Airports 1 (2004 est.) 1 (2002)
Airports - with paved runways total: 1


2,438 to 3,047 m: 1 (2004 est.)
total: 1


2,438 to 3,047 m: 1 (2002)
Birth rate 11.6 births/1,000 population (2005 est.) 11.82 births/1,000 population (2002 est.)
Budget revenues: $671.1 million


expenditures: $594.6 million, including capital expenditures of $55 million (FY03/04)
revenues: $609.5 million


expenditures: $574.6 million, including capital expenditures of $54.8 million (FY00/01)
Constitution 8 June 1968; amended 1989 and 2003 8 June 1968, amended 1989
Currency - Bermudian dollar (BMD)
Death rate 7.63 deaths/1,000 population (2005 est.) 7.49 deaths/1,000 population (2002 est.)
Debt - external $160 million (FY99/00) $145 million (FY99/00)
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 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
Economic aid - recipient NA $NA
Economy - overview Bermuda enjoys one of the highest per capita incomes in the world, nearly 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 2002-04. 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 20% of the land being arable. 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.
Electricity - consumption 598 million kWh (2002) 553.35 million kWh (2000)
Electricity - exports 0 kWh (2002) 0 kWh (2000)
Electricity - imports 0 kWh (2002) 0 kWh (2000)
Electricity - production 643 million kWh (2002) 595 million kWh (2000)
Electricity - production by source - fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (2000)
Ethnic groups black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census) black 58%, white 36%, other 6%
Executive branch chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Sir John VEREKER (since 11 April 2002)


head of government: Premier William Alexander 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 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
Exports NA $51 million (2000)
Exports - partners France 73.2%, UK 6.2%, Spain 2.4% (2004) EU excluding UK 77.9%, US 9.8%, UK 6.9% (1999)
GDP - purchasing power parity - $2.2 billion (2001 est.)
GDP - composition by sector agriculture: 1%


industry: 10%


services: 89% (2002 est.)
agriculture: 1%


industry: 10%


services: 89% (1995 est.)
GDP - per capita purchasing power parity - $36,000 (2003 est.) purchasing power parity - $34,800 (2001 est.)
GDP - real growth rate 2% (2003 est.) 2.9% (2001 est.)
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 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
Household income or consumption by percentage share lowest 10%: NA


highest 10%: NA
lowest 10%: NA%


highest 10%: NA%
Imports NA $719 million (2000)
Imports - partners Kazakhstan 39.2%, France 16.2%, Japan 13.1%, Italy 9.2%, South Korea 8.8%, US 6.4% (2004) EU excluding UK 35.4%, US 17.8%, UK 15.4%, Russia 14.6% (1999)
Infant mortality rate total: 8.53 deaths/1,000 live births


male: 10.14 deaths/1,000 live births


female: 6.9 deaths/1,000 live births (2005 est.)
9.28 deaths/1,000 live births (2002 est.)
Inflation rate (consumer prices) 3.3% (mid-2003 est.) 3% (July 2001)
International organization participation Caricom (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO, Egmont Group, Caribbean Financial Action Task Force Caricom (observer), CCC, ICFTU, Interpol (subbureau), IOC
Internet Service Providers (ISPs) - 20 (2000)
Irrigated land NA NA sq km
Labor force 37,470 (2000) 37,472 (2000)
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.) clerical 22%, services 20%, laborers 17%, professional and technical 17%, administrative and managerial 13%, sales 8%, agriculture and fishing 3% (2000 est.)
Land use arable land: 20%


permanent crops: 0%


other: 80% (55% developed, 45% rural/open space) (2001)
arable land: 0%


permanent crops: 0%


other: 100% (55% developed, 45% rural/open space) (1998 est.)
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 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 (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
Life expectancy at birth total population: 77.79 years


male: 75.7 years


female: 79.91 years (2005 est.)
total population: 77.3 years


male: 75.21 years


female: 79.27 years (2002 est.)
Location North America, group of islands in the North Atlantic Ocean, east of South Carolina (US) North America, group of islands in the North Atlantic Ocean, east of North Carolina (US)
Maritime claims territorial sea: 12 nm


exclusive fishing zone: 200 nm
exclusive fishing zone: 200 NM


territorial sea: 12 NM
Merchant marine total: 108 ships (1,000 GRT or over) 4,845,326 GRT/6,501,782 DWT


by type: bulk carrier 22, cargo 6, container 22, liquefied gas 13, passenger 13, passenger/cargo 6, petroleum tanker 8, refrigerated cargo 11, roll on/roll off 7


foreign-owned: 103 (Australia 2, Canada 20, Finland 2, Germany 1, Greece 1, Hong Kong 5, Indonesia 1, Nigeria 8, Norway 5, Sweden 9, Switzerland 2, United Kingdom 27, United States 20)


registered in other countries: 1 (2005)
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.)
Military branches Bermuda Regiment no regular indigenous military forces; Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary
Military expenditures - dollar figure $4.03 million (2001) $4,027,970 (January 2002)
Net migration rate 2.45 migrant(s)/1,000 population (2005 est.) 2.61 migrant(s)/1,000 population (2002 est.)
Political parties and leaders Progressive Labor Party or PLP [William Alexander SCOTT]; United Bermuda Party or UBP [Grant GIBBONS] National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [Jennifer SMITH]; United Bermuda Party or UBP [Chairman Wayne FURBERT]
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] 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]
Population 65,365 (July 2005 est.) 63,960 (July 2002 est.)
Population below poverty line 19% (2000) NA%
Population growth rate 0.64% (2005 est.) 0.69% (2002 est.)
Ports and harbors Hamilton, Saint George Hamilton, Saint George's, Dockyard
Radio broadcast stations AM 5, FM 3, shortwave 0 (2004) AM 5, FM 3, shortwave 0 (1998)
Radios - 82,000 (1997)
Railways - 0 km
Religions Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census) non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19%
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 (2005 est.)
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.)
Telephone system general assessment: good


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


international: country code - 1-441; 3 fiber optic submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean)
general assessment: NA


domestic: modern, fully automatic telephone system


international: 3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean)
Telephones - main lines in use 56,000 (2002) 52,000 (1997)
Telephones - mobile cellular 37,873 (2003) 7,980 (1996)
Television broadcast stations 4 (2004) 3 (1997)
Total fertility rate 1.89 children born/woman (2005 est.) 1.81 children born/woman (2002 est.)
Unemployment rate 5% (2002 est.) 4.5% (1993)
Waterways - none
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