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Compare Bermuda (2005) - Korea, South (2007)

Compare Bermuda (2005) z Korea, South (2007)

 Bermuda (2005)Korea, South (2007)
 BermudaKorea, South
Administrative divisions 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick 9 provinces (do, singular and plural) and 7 metropolitan cities (gwangyoksi, singular and plural)


provinces: Cheju-do, Cholla-bukto (North Cholla), Cholla-namdo (South Cholla), Ch'ungch'ong-bukto (North Ch'ungch'ong), Ch'ungch'ong-namdo (South Ch'ungch'ong), Kangwon-do, Kyonggi-do, Kyongsang-bukto (North Kyongsang), Kyongsang-namdo (South Kyongsang)


metropolitan cities: Inch'on-gwangyoksi (Inch'on), Kwangju-gwangyoksi (Kwangju), Pusan-gwangyoksi (Pusan), Soul-t'ukpyolsi (Seoul), Taegu-gwangyoksi (Taegu), Taejon-gwangyoksi (Taejon), Ulsan-gwangyoksi (Ulsan)
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: 18.3% (male 4,714,103/female 4,262,873)


15-64 years: 72.1% (male 18,004,719/female 17,346,594)


65 years and over: 9.6% (male 1,921,803/female 2,794,698) (2007 est.)
Agriculture - products bananas, vegetables, citrus, flowers; dairy products rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports 1 (2004 est.) 105 (2007)
Airports - with paved runways total: 1


2,438 to 3,047 m: 1 (2004 est.)
total: 68


over 3,047 m: 3


2,438 to 3,047 m: 21


1,524 to 2,437 m: 14


914 to 1,523 m: 11


under 914 m: 19 (2007)
Airports - with unpaved runways - total: 37


914 to 1,523 m: 3


under 914 m: 34 (2007)
Area total: 53.3 sq km


land: 53.3 sq km


water: 0 sq km
total: 98,480 sq km


land: 98,190 sq km


water: 290 sq km
Area - comparative about one-third the size of Washington, DC slightly larger than Indiana
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. An independent Korean state or collection of states has existed almost continuously for several millennia. Between its initial unification in the 7th century - from three predecessor Korean states - until the 20th century, Korea existed as a single independent country. In 1905, following the Russo-Japanese War, Korea became a protectorate of imperial Japan, and in 1910 it was annexed as a colony. Korea regained its independence following Japan's surrender to the United States in 1945. After World War II, a Republic of Korea (ROK) was set up in the southern half of the Korean Peninsula while a Communist-style government was installed in the north (the DPRK). During the Korean War (1950-53), US troops and UN forces fought alongside soldiers from the ROK to defend South Korea from DPRK attacks supported by China and the Soviet Union. An armistice was signed in 1953, splitting the peninsula along a demilitarized zone at about the 38th parallel. Thereafter, South Korea achieved rapid economic growth with per capita income rising to roughly 14 times the level of North Korea. In 1993, KIM Young-sam became South Korea's first civilian president following 32 years of military rule. South Korea today is a fully functioning modern democracy. In June 2000, a historic first North-South summit took place between the South's President KIM Dae-jung and the North's leader KIM Jong Il.
Birth rate 11.6 births/1,000 population (2005 est.) 9.93 births/1,000 population (2007 est.)
Budget revenues: $671.1 million


expenditures: $594.6 million, including capital expenditures of $55 million (FY03/04)
revenues: $219.5 billion


expenditures: $215.7 billion (2006 est.)
Capital Hamilton name: Seoul


geographic coordinates: 37 33 N, 126 59 E


time difference: UTC+9 (14 hours ahead of Washington, DC during Standard Time)
Climate subtropical; mild, humid; gales, strong winds common in winter temperate, with rainfall heavier in summer than winter
Coastline 103 km 2,413 km
Constitution 8 June 1968; amended 1989 and 2003 17 July 1948; note - amended or rewritten nine times; current constitution approved on 29 October 1987
Country name conventional long form: none


conventional short form: Bermuda


former: Somers Islands
conventional long form: Republic of Korea


conventional short form: South Korea


local long form: Taehan-min'guk


local short form: Han'guk


abbreviation: ROK
Death rate 7.63 deaths/1,000 population (2005 est.) 5.99 deaths/1,000 population (2007 est.)
Debt - external $160 million (FY99/00) $187.2 billion (2006 est.)
Dependency status overseas territory of the UK -
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: Ambassador Alexander VERSHBOW


embassy: 32 Sejong-no, Jongno-gu, Seoul 110-710


mailing address: US Embassy Seoul, APO AP 96205-5550


telephone: [82] (2) 397-4114


FAX: [82] (2) 738-8845
Diplomatic representation in the US none (overseas territory of the UK) chief of mission: Ambassador LEE Tae-sik


chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 939-5600


FAX: [1] (202) 387-0205


consulate(s) general: Agana (Guam), Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, Seattle
Disputes - international none Military Demarcation Line within the 4-km wide Demilitarized Zone has separated North from South Korea since 1953; periodic incidents with North Korea in the Yellow Sea over the Northern Limiting Line, which South Korea claims as a maritime boundary; South Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima), occupied by South Korea since 1954
Economic aid - donor - ODA, $744 million (2005)
Economic aid - recipient 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. Since the 1960s, South Korea has achieved an incredible record of growth and integration into the high-tech modern world economy. Four decades ago, GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, South Korea joined the trillion dollar club of world economies. Today its GDP per capita is equal to the lesser economies of the EU. This success was achieved by a system of close government/business ties, including directed credit, import restrictions, sponsorship of specific industries, and a strong labor effort. The government promoted the import of raw materials and technology at the expense of consumer goods and encouraged savings and investment over consumption. The Asian financial crisis of 1997-99 exposed longstanding weaknesses in South Korea's development model, including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. GDP plunged by 6.9% in 1998, then recovered by 9.5% in 1999 and 8.5% in 2000. Growth fell back to 3.3% in 2001 because of the slowing global economy, falling exports, and the perception that much-needed corporate and financial reforms had stalled. Led by consumer spending and exports, growth in 2002 was an impressive 7%, despite anemic global growth. Between 2003 and 2006, growth moderated to about 4-5%. A downturn in consumer spending was offset by rapid export growth. Moderate inflation, low unemployment, an export surplus, and fairly equal distribution of income characterize this solid economy.
Electricity - consumption 598 million kWh (2002) 352.5 billion kWh (2005)
Electricity - exports 0 kWh (2002) 0 kWh (2005)
Electricity - imports 0 kWh (2002) 0 kWh (2005)
Electricity - production 643 million kWh (2002) 366.2 billion kWh (2005)
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Town Hill 76 m
lowest point: Sea of Japan 0 m


highest point: Halla-san 1,950 m
Environment - current issues asbestos disposal; water pollution; preservation of open space; sustainable development air pollution in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing
Environment - international agreements - party to: Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling


signed, but not ratified: none of the selected agreements
Ethnic groups black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census) homogeneous (except for about 20,000 Chinese)
Exchange rates Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar) South Korean won per US dollar - 955.3 (2006), 1,024.1 (2005), 1,145.3 (2004), 1,191.6 (2003), 1,251.1 (2002)
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: President ROH Moo-hyun (since 25 February 2003)


head of government: Prime Minister HAN Duck-soo (since 2 April 2007); Deputy Prime Ministers KIM Woo-sik (since 10 February 2006); KWON O-kyu (since 18 July 2006); KIM Shin-il (since 20 September 2006)


cabinet: State Council appointed by the president on the prime minister's recommendation


elections: president elected by popular vote for a single five-year term; election last held 19 December 2002 (next to be held on 19 December 2007); prime minister appointed by president with consent of National Assembly; deputy prime ministers appointed by president on prime minister's recommendation


election results: ROH Moo-hyun elected president; percent of vote - ROH Moo-hyun (MDP) 48.9%; LEE Hoi-chang (GNP) 46.6%; other 4.5%
Exports NA 644,100 bbl/day (2004)
Exports - commodities reexports of pharmaceuticals semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals
Exports - partners France 73.2%, UK 6.2%, Spain 2.4% (2004) China 21.3%, US 13.3%, Japan 8.1%, Hong Kong 5.9% (2006)
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 white with a red (top) and blue yin-yang symbol in the center; there is a different black trigram from the ancient I Ching (Book of Changes) in each corner of the white field
GDP - composition by sector agriculture: 1%


industry: 10%


services: 89% (2002 est.)
agriculture: 3.2%


industry: 39.6%


services: 57.2% (2006 est.)
GDP - per capita purchasing power parity - $36,000 (2003 est.) -
GDP - real growth rate 2% (2003 est.) 5% (2006 est.)
Geographic coordinates 32 20 N, 64 45 W 37 00 N, 127 30 E
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 strategic location on Korea Strait
Heliports - 536 (2007)
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%: 2.9%


highest 10%: 25% (2005 est.)
Imports NA 2.83 million bbl/day (2004)
Imports - commodities machinery and transport equipment, construction materials, chemicals, food and live animals machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics
Imports - partners Kazakhstan 39.2%, France 16.2%, Japan 13.1%, Italy 9.2%, South Korea 8.8%, US 6.4% (2004) Japan 16.8%, China 15.7%, US 11%, Saudi Arabia 6.7%, UAE 4.2% (2006)
Independence none (overseas territory of the UK) 15 August 1945 (from Japan)
Industrial production growth rate NA% 8% (2006 est.)
Industries tourism, international business, light manufacturing electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
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.)
total: 6.05 deaths/1,000 live births


male: 6.43 deaths/1,000 live births


female: 5.64 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 3.3% (mid-2003 est.) 2.2% (2006 est.)
International organization participation Caricom (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO, Egmont Group, Caribbean Financial Action Task Force AfDB, APEC, APT, ARF, AsDB, ASEAN (dialogue partner), Australia Group, BIS, CP, EAS, EBRD, FAO, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAIA, MIGA, NEA, NSG, OAS (observer), OECD, ONUB, OPCW, OSCE (partner), PCA, PIF (partner), SAARC (observer), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNMIS, UNMOGIP, UNOMIG, UNWTO, UPU, WCL, WCO, WHO, WIPO, WMO, WTO, ZC
Irrigated land NA 8,780 sq km (2003)
Judicial branch Supreme Court; Court of Appeal; Magistrate Courts Supreme Court (justices appointed by president with consent of National Assembly); Constitutional Court (justices appointed by president based partly on nominations by National Assembly and Chief Justice of the court)
Labor force 37,470 (2000) 23.98 million (2006 est.)
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: 6.4%


industry: 26.4%


services: 67.2% (2006 est.)
Land boundaries 0 km total: 238 km


border countries: North Korea 238 km
Land use arable land: 20%


permanent crops: 0%


other: 80% (55% developed, 45% rural/open space) (2001)
arable land: 16.58%


permanent crops: 2.01%


other: 81.41% (2005)
Languages English (official), Portuguese Korean, English widely taught in junior high and high school
Legal system English law combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought; 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 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
unicameral National Assembly or Kukhoe (299 seats; 243 members elected in single-seat constituencies, 56 elected by proportional representation; to serve four-year terms)


elections: last held 15 April 2004 (next to be held in April 2008)


election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, DP 3%, others 2%; seats by party - Uri 141, GNP 127, DP 12, DLP 9, PFP 5, independents 5


note: percent of vote is for 2004 general election; seats by party reflect results of 2005 and 2006 by-elections; MDP became DP in May 2005; United Liberal Democrats (ULD) merged with GNP in February 2006
Life expectancy at birth total population: 77.79 years


male: 75.7 years


female: 79.91 years (2005 est.)
total population: 77.23 years


male: 73.81 years


female: 80.93 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: 97.9%


male: 99.2%


female: 96.6% (2002)
Location North America, group of islands in the North Atlantic Ocean, east of South Carolina (US) Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea
Map references North America Asia
Maritime claims territorial sea: 12 nm


exclusive fishing zone: 200 nm
territorial sea: 12 nm; between 3 nm and 12 nm in the Korea Strait


contiguous zone: 24 nm


exclusive economic zone: 200 nm


continental shelf: not specified
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: 738 ships (1000 GRT or over) 10,636,466 GRT/17,371,943 DWT


by type: bulk carrier 187, cargo 202, carrier 1, chemical tanker 119, container 81, liquefied gas 26, passenger 5, passenger/cargo 21, petroleum tanker 57, refrigerated cargo 19, roll on/roll off 8, specialized tanker 4, vehicle carrier 8


foreign-owned: 22 (China 2, France 8, Japan 1, Sweden 2, UK 1, US 7, Vietnam 1)


registered in other countries: 386 (Belize 4, Cambodia 29, China 1, Cyprus 2, Greece 2, Honduras 6, Hong Kong 6, Indonesia 1, Liberia 4, Malta 3, Marshall Islands 3, Netherlands 1, Panama 316, Russia 1, Singapore 7, unknown 4) (2007)
Military - note defense is the responsibility of the UK -
Military branches Bermuda Regiment Army, Navy, Republic of Korea Air Force (Han-guk Kong Goon), Marine Corps, National Maritime Police (coast guard) (2006)
Military expenditures - dollar figure $4.03 million (2001) -
Military expenditures - percent of GDP 0.11% (FY00/01) 2.7% (2006)
National holiday Bermuda Day, 24 May Liberation Day, 15 August (1945)
Nationality noun: Bermudian(s)


adjective: Bermudian
noun: Korean(s)


adjective: Korean
Natural hazards hurricanes (June to November) occasional typhoons bring high winds and floods; low-level seismic activity common in southwest
Natural resources limestone, pleasant climate fostering tourism coal, tungsten, graphite, molybdenum, lead, hydropower potential
Net migration rate 2.45 migrant(s)/1,000 population (2005 est.) 0 migrant(s)/1,000 population (2007 est.)
Pipelines - gas 1,482 km; refined products 827 km (2006)
Political parties and leaders Progressive Labor Party or PLP [William Alexander SCOTT]; United Bermuda Party or UBP [Grant GIBBONS] Democratic Labor Party or DLP [MOON Seong-hyun]; Democratic Party or DP [PARK Sang-chun]; Grand National Party or GNP [KANG Jae-sup]; People-First Party or PFP [SHIN Kook-hwan and SIM Dae-pyung]; Uri Party [Chung Sye-kyun]
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] Federation of Korean Industries; Federation of Korean Trade Unions; Korean Confederation of Trade Unions; Korean National Council of Churches; Korean Traders Association; Korean Veterans' Association; National Council of Labor Unions; National Democratic Alliance of Korea; National Federation of Farmers' Associations; National Federation of Student Associations
Population 65,365 (July 2005 est.) 49,044,790 (July 2007 est.)
Population below poverty line 19% (2000) 15% (2003 est.)
Population growth rate 0.64% (2005 est.) 0.394% (2007 est.)
Ports and harbors Hamilton, Saint George -
Radio broadcast stations AM 5, FM 3, shortwave 0 (2004) AM 61, FM 150, shortwave 2 (2005)
Railways - total: 3,472 km


standard gauge: 3,472 km 1.435-m gauge (1,342 km electrified) (2006)
Religions Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census) Christian 26.3% (Protestant 19.7%, Roman Catholic 6.6%), Buddhist 23.2%, other or unknown 1.3%, none 49.3% (1995 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 (2005 est.)
at birth: 1.08 male(s)/female


under 15 years: 1.106 male(s)/female


15-64 years: 1.038 male(s)/female


65 years and over: 0.688 male(s)/female


total population: 1.01 male(s)/female (2007 est.)
Suffrage 18 years of age; universal 19 years of age; universal
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: excellent domestic and international services


domestic: NA


international: country code - 82; numerous submarine cables provide links throughout Asia, Australia, the Middle East, Europe, and US; satellite earth stations - 3 Intelsat (1 Pacific Ocean and 2 Indian Ocean) and 3 Inmarsat (1 Pacific Ocean and 2 Indian Ocean)
Telephones - main lines in use 56,000 (2002) 26.866 million (2006)
Telephones - mobile cellular 37,873 (2003) 40.197 million (2006)
Television broadcast stations 4 (2004) 43 (plus 59 cable operators and 190 relay cable operators) (2005)
Terrain low hills separated by fertile depressions mostly hills and mountains; wide coastal plains in west and south
Total fertility rate 1.89 children born/woman (2005 est.) 1.28 children born/woman (2007 est.)
Unemployment rate 5% (2002 est.) 3.3% (2006 est.)
Waterways - 1,608 km (most navigable only by small craft) (2007)
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