Bermuda (2005) | World (2003) | |
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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 | 268 nations, dependent areas, other, and miscellaneous entries |
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: 29.2% (male 932,581,592; female 885,688,851)
15-64 years: 63.7% (male 2,009,997,089; female 1,964,938,201) 65 years and over: 7.1% (male 193,549,180; female 247,067,032) (2003 est.) note: some countries do not maintain age structure information, thus a slight discrepancy exists between the total world population and the total for world age structure |
Agriculture - products | bananas, vegetables, citrus, flowers; dairy products | - |
Airports | 1 (2004 est.) | - |
Airports - with paved runways | total: 1
2,438 to 3,047 m: 1 (2004 est.) |
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Area | total: 53.3 sq km
land: 53.3 sq km water: 0 sq km |
total: 510.072 million sq km
land: 148.94 million sq km water: 361.132 million sq km note: 70.8% of the world's surface is water, 29.2% is land |
Area - comparative | about one-third the size of Washington, DC | land area about 16 times the size of the US |
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. | Globally, the 20th century was marked by: (a) two devastating world wars; (b) the Great Depression of the 1930s; (c) the end of vast colonial empires; (d) rapid advances in science and technology, from the first airplane flight at Kitty Hawk, North Carolina (US) to the landing on the moon; (e) the Cold War between the Western alliance and the Warsaw Pact nations; (f) a sharp rise in living standards in North America, Europe, and Japan; (g) increased concerns about the environment, including loss of forests, shortages of energy and water, the decline in biological diversity, and air pollution; (h) the onset of the AIDS epidemic; and (i) the ultimate emergence of the US as the only world superpower. The planet's population continues to explode: from 1 billion in 1820, to 2 billion in 1930, 3 billion in 1960, 4 billion in 1974, 5 billion in 1988, and 6 billion in 2000. For the 21st century, the continued exponential growth in science and technology raises both hopes (e.g., advances in medicine) and fears (e.g., development of even more lethal weapons of war). |
Birth rate | 11.6 births/1,000 population (2005 est.) | 20.43 births/1,000 population (2003 est.) |
Budget | revenues: $671.1 million
expenditures: $594.6 million, including capital expenditures of $55 million (FY03/04) |
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Capital | Hamilton | - |
Climate | subtropical; mild, humid; gales, strong winds common in winter | two large areas of polar climates separated by two rather narrow temperate zones form a wide equatorial band of tropical to subtropical climates |
Coastline | 103 km | 356,000 km |
Constitution | 8 June 1968; amended 1989 and 2003 | - |
Country name | conventional long form: none
conventional short form: Bermuda former: Somers Islands |
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Death rate | 7.63 deaths/1,000 population (2005 est.) | 8.83 deaths/1,000 population (2003 est.) |
Debt - external | $160 million (FY99/00) | $2 trillion for less developed countries (2002 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 |
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Diplomatic representation in the US | none (overseas territory of the UK) | - |
Disputes - international | none | Globally, there are over 250,000 km of international land boundaries that separate the world's 192 independent states, along with 70 dependencies, areas of special sovereignty, and other miscellaneous entities. Maritime states have claimed limits and have so far established over 130 maritime boundaries and joint development zones to allocate ocean resources and to provide for their national security at sea. On land, ethnicity, culture, race, religion, and language have divided states into separate political entities as much as history, physical terrain, political fiat, or conquest, resulting in sometimes arbitrary and imposed boundaries. All of these factors have contributed to a wide array of boundary, borderland, and territorial disagreements that vary in intensity from unresolved or dormant to outright war. Territorial disputes may evolve from historical and/or cultural animosities, or they may be brought on by resource competition. Ethnic clashes continue to be responsible for territorial fragmentation around the world. Undemarcated, indefinite, porous, and unmanaged boundaries encourage illegal cross-border activities, uncontrolled migration, and political confrontation over boundary allocations. Other sources of contention include the use of water and mineral (especially petroleum) resources, fisheries, dams, and nuclear power plants. Many islands or island groups are also disputed, including those at sea and in streams. Nonetheless, many nations are actively cooperating to clarify, delineate, and demarcate their international borders. The tragic aspect of international discord is the impact on the sustenance and welfare of populations caught in the conflict. It is frequently left to members of the world community to cope with enormous refugee situations, and the resultant hunger, disease, and impoverishment that they create. |
Economic aid - recipient | NA | official development assistance (ODA) $50 billion |
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. | Growth in global output (gross world product, GWP) fell from 4.8% in 2000 to 2.2% in 2001 and 2.7% in 2002. The causes: sluggishness in the US economy (21% of GWP) and in the 15 EU economies (19% of GWP); continued stagnation in the Japanese economy (7.2% of GWP); and spillover effects in the less developed regions of the world. China, the second-largest economy in the world (12% of GWP), proved an exception, continuing its rapid annual growth, officially announced as 8% but estimated by many observers as perhaps two percentage points lower. Russia (2.6% of GWP), with 4% growth, continued to make uneven progress, its GDP per capita still only one-third that of the leading industrial nations. The other 14 successor nations of the USSR and the other old Warsaw Pact nations again experienced widely divergent growth rates; the three Baltic nations continued as strong performers, in the 5% range of growth. The developing nations also varied in their growth results, with many countries facing population increases that erode gains in output. Externally, the nation-state, as a bedrock economic-political institution, is steadily losing control over international flows of people, goods, funds, and technology. Internally, the central government often finds its control over resources slipping as separatist regional movements - typically based on ethnicity - gain momentum, e.g., in many of the successor states of the former Soviet Union, in the former Yugoslavia, in India, in Indonesia, and in Canada. Externally, the central government is losing decision-making powers to international bodies. In Western Europe, governments face the difficult political problem of channeling resources away from welfare programs in order to increase investment and strengthen incentives to seek employment. The addition of 80 million people each year to an already overcrowded globe is exacerbating the problems of pollution, desertification, underemployment, epidemics, and famine. Because of their own internal problems and priorities, the industrialized countries devote insufficient resources to deal effectively with the poorer areas of the world, which, at least from the economic point of view, are becoming further marginalized. The introduction of the euro as the common currency of much of Western Europe in January 1999, while paving the way for an integrated economic powerhouse, poses economic risks because of varying levels of income and cultural and political differences among the participating nations. The terrorist attacks on the US on 11 September 2001 accentuate a further growing risk to global prosperity, illustrated, for example, by the reallocation of resources away from investment to anti-terrorist programs. The opening of war in March 2003 between a US-led coalition and Iraq added new uncertainties to global economic prospects. (For specific economic developments in each country of the world in 2002, see the individual country entries.) |
Electricity - consumption | 598 million kWh (2002) | 13.93 trillion kWh (2001 est.) |
Electricity - exports | 0 kWh (2002) | - |
Electricity - imports | 0 kWh (2002) | - |
Electricity - production | 643 million kWh (2002) | 14.85 trillion kWh (2001 est.) |
Electricity - production by source | - | fossil fuel: NA%
hydro: NA% nuclear: NA% other: NA% |
Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Town Hill 76 m |
lowest point: Bentley Subglacial Trench -2,540 m
note: in the oceanic realm, Challenger Deep in the Mariana Trench is the lowest point, lying -10,924 m below the surface of the Pacific Ocean highest point: Mount Everest 8,850 m (1999 est.) |
Environment - current issues | asbestos disposal; water pollution; preservation of open space; sustainable development | large areas subject to overpopulation, industrial disasters, pollution (air, water, acid rain, toxic substances), loss of vegetation (overgrazing, deforestation, desertification), loss of wildlife, soil degradation, soil depletion, erosion |
Ethnic groups | black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census) | - |
Exchange rates | Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar) | - |
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 |
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Exports | NA | 703.9 billion cu m (2001 est.) |
Exports - commodities | reexports of pharmaceuticals | the whole range of industrial and agricultural goods and services |
Exports - partners | France 73.2%, UK 6.2%, Spain 2.4% (2004) | US 17.4%, Germany 7.6%, UK 5.4%, France 5.1%, Japan 4.8%, China 4% (2002) |
Fiscal year | 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 | - |
GDP | - | GWP (gross world product) - purchasing power parity - $49 trillion (2002 est.) |
GDP - composition by sector | agriculture: 1%
industry: 10% services: 89% (2002 est.) |
agriculture: 4%
industry: 32% services: 64% (2002 est.) |
GDP - per capita | purchasing power parity - $36,000 (2003 est.) | purchasing power parity - $7,900 (2002 est.) |
GDP - real growth rate | 2% (2003 est.) | 2.7% (2001 est.) |
Geographic coordinates | 32 20 N, 64 45 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 | the world is now thought to be about 4.55 billion years old, just about one-third of the 13-billion-year age estimated for the universe |
Highways | total: 450 km
paved: 450 km unpaved: 0 km note: public roads - 209 km; private roads - 241 km (2002) |
total: NA km
paved: NA km unpaved: NA km |
Household income or consumption by percentage share | lowest 10%: NA
highest 10%: NA |
lowest 10%: NA%
highest 10%: NA% |
Illicit drugs | - | cocaine: worldwide, coca is grown on an estimated 205,450 hectares - almost exclusively in South America with 70% in Colombia; potential cocaine production during 2002 is estimated at 938 metric tons (or 1,200 metric tons of export quality cocaine at an average of 78% purity); coca eradication programs continue in Bolivia, Colombia, and Peru, and 292 metric tons of export quality cocaine are documented to have been seized in 2002; consumption of export quality cocaine is estimated to have been 875 metric tons
opiates: cultivation of opium poppy occurred on an estimated 141,213 hectares in 2002 and potentially produced 2,183 metric tons of opium - which conceivably could be converted to the equivalent of 238 metric tons of pure heroin; opium eradication programs have been undertaken in Afghanistan, Burma, Colombia, Mexico, Pakistan, Thailand, and Vietnam, and the annual average for opiates seized worldwide over the past five years (1998-2002) has been 45 metric tons of pure heroin equivalent; estimates for average annual consumption over this time period are 315 metric tons pure heroin equivalent |
Imports | NA | 697.5 billion cu m (2001 est.) |
Imports - commodities | machinery and transport equipment, construction materials, chemicals, food and live animals | the whole range of industrial and agricultural goods and services |
Imports - partners | Kazakhstan 39.2%, France 16.2%, Japan 13.1%, Italy 9.2%, South Korea 8.8%, US 6.4% (2004) | US 11.2%, Germany 9.2%, China 7%, Japan 6.8%, France 4.7%, UK 4% (2002) |
Independence | none (overseas territory of the UK) | - |
Industrial production growth rate | NA% | 3% (2002 est.) |
Industries | tourism, international business, light manufacturing | dominated by the onrush of technology, especially in computers, robotics, telecommunications, and medicines and medical equipment; most of these advances take place in OECD nations; only a small portion of non-OECD countries have succeeded in rapidly adjusting to these technological forces; the accelerated development of new industrial (and agricultural) technology is complicating already grim environmental problems |
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: 51.38 deaths/1,000 live births
male: 53.81 deaths/1,000 live births female: 48.83 deaths/1,000 live births (2003 est.) |
Inflation rate (consumer prices) | 3.3% (mid-2003 est.) | developed countries 1% to 4% typically; developing countries 5% to 60% typically; national inflation rates vary widely in individual cases, from declining prices in Japan to hyperinflation in several Third World countries |
International organization participation | Caricom (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO, Egmont Group, Caribbean Financial Action Task Force | - |
Internet Service Providers (ISPs) | - | 10,350 (2000 est.) |
Irrigated land | NA | 2,714,320 sq km (1998 est.) |
Judicial branch | Supreme Court; Court of Appeal; Magistrate Courts | - |
Labor force | 37,470 (2000) | NA |
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 | the land boundaries in the world total 250,472 km (not counting shared boundaries twice) |
Land use | arable land: 20%
permanent crops: 0% other: 80% (55% developed, 45% rural/open space) (2001) |
arable land: 10.58%
permanent crops: 1% other: 88.42% (1998 est.) |
Languages | English (official), Portuguese | Chinese, Mandarin 14.37%, Hindi 6.02%, English 5.61%, Spanish 5.59%, Bengali 3.4%, Portuguese 2.63%, Russian 2.75%, Japanese 2.06%, German, Standard 1.64%, Korean 1.28%, French 1.27% (2000 est.)
note: percents are for "first language" speakers only |
Legal system | English law | all members of the UN plus Switzerland are parties to the statute that established the International Court of Justice (ICJ) or World Court |
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 |
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Life expectancy at birth | total population: 77.79 years
male: 75.7 years female: 79.91 years (2005 est.) |
total population: 63.95 years
male: 62 years female: 70.23 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: 77% male: 83% female: 71% (1995 est.) |
Location | North America, group of islands in the North Atlantic Ocean, east of South Carolina (US) | - |
Map references | North America | Physical Map of the World, Political Map of the World, Standard Time Zones of the World |
Maritime claims | territorial sea: 12 nm
exclusive fishing zone: 200 nm |
a variety of situations exist, but in general, most countries make the following claims: contiguous zone - 24 NM; continental shelf - 200-m depth or to the depth of exploitation, or 200 NM or to the edge of the continental margin; exclusive fishing zone - 200 NM; exclusive economic zone - 200 NM; territorial sea - 12 NM; boundary situations with neighboring states prevent many countries from extending their fishing or economic zones to a full 200 NM; 43 nations and other areas that are landlocked include Afghanistan, Andorra, Armenia, Austria, Azerbaijan, Belarus, Bhutan, Bolivia, Botswana, Burkina Faso, Burundi, Central African Republic, Chad, Czech Republic, Ethiopia, Holy See (Vatican City), Hungary, Kazakhstan, Kyrgyzstan, Laos, Lesotho, Liechtenstein, Luxembourg, Malawi, Mali, Moldova, Mongolia, Nepal, Niger, Paraguay, Rwanda, San Marino, Slovakia, Swaziland, Switzerland, Tajikistan, The Former Yugoslav Republic of Macedonia, Turkmenistan, Uganda, Uzbekistan, West Bank, Zambia, Zimbabwe; two of these, Liechtenstein and Uzbekistan, are doubly landlocked |
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) |
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Military - note | defense is the responsibility of the UK | - |
Military branches | Bermuda Regiment | - |
Military expenditures - dollar figure | $4.03 million (2001) | aggregate real expenditure on arms worldwide in 1999 remained at approximately the 1998 level, about three-quarters of a trillion dollars (1999 est.) |
Military expenditures - percent of GDP | 0.11% (FY00/01) | roughly 2% of gross world product (1999 est.) |
National holiday | Bermuda Day, 24 May | - |
Nationality | noun: Bermudian(s)
adjective: Bermudian |
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Natural hazards | hurricanes (June to November) | large areas subject to severe weather (tropical cyclones), natural disasters (earthquakes, landslides, tsunamis, volcanic eruptions) |
Natural resources | limestone, pleasant climate fostering tourism | the rapid depletion of nonrenewable mineral resources, the depletion of forest areas and wetlands, the extinction of animal and plant species, and the deterioration in air and water quality (especially in Eastern Europe, the former USSR, and China) pose serious long-term problems that governments and peoples are only beginning to address |
Net migration rate | 2.45 migrant(s)/1,000 population (2005 est.) | - |
Political parties and leaders | Progressive Labor Party or PLP [William Alexander SCOTT]; United Bermuda Party or UBP [Grant GIBBONS] | - |
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] | - |
Population | 65,365 (July 2005 est.) | 6,302,309,691 (July 2003 est.) |
Population below poverty line | 19% (2000) | - |
Population growth rate | 0.64% (2005 est.) | 1.17% (2003 est.) |
Ports and harbors | Hamilton, Saint George | Chiba, Houston, Kawasaki, Kobe, Marseille, Mina' al Ahmadi (Kuwait), New Orleans, New York, Rotterdam, Yokohama |
Radio broadcast stations | AM 5, FM 3, shortwave 0 (2004) | AM NA, FM NA, shortwave NA |
Railways | - | total: 1,122,650 km includes about 190,000 to 195,000 km of electrified routes of which 147,760 km are in Europe, 24,509 km in the Far East, 11,050 km in Africa, 4,223 km in South America, and 4,160 km in North America; note - fastest speed in daily service is 300 km/hr attained by France's Societe Nationale des Chemins-de-Fer Francais (SNCF) Le Train a Grande Vitesse (TGV) - Atlantique line
broad gauge: 251,153 km standard gauge: 710,754 km narrow gauge: 239,430 km |
Religions | Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census) | Christians 32.79% (of which Roman Catholics 17.33%, Protestants 5.62%, Orthodox 3.51%, Anglicans 1.31%), Muslims 19.6%, Hindus 13.31%, Buddhists 5.88%, Sikhs 0.38%, Jews 0.24%, other religions 12.83%, non-religious 12.53%, atheists 2.44% (2001 est.) |
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: 1.05 male(s)/female
under 15 years: 1.05 male(s)/female 15-64 years: 1.02 male(s)/female 65 years and over: 0.78 male(s)/female total population: 1.01 male(s)/female (2003 est.) |
Suffrage | 18 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: NA
domestic: NA international: NA |
Telephones - main lines in use | 56,000 (2002) | NA |
Telephones - mobile cellular | 37,873 (2003) | NA |
Television broadcast stations | 4 (2004) | NA |
Terrain | low hills separated by fertile depressions | the greatest ocean depth is the Mariana Trench at 10,924 m in the Pacific Ocean |
Total fertility rate | 1.89 children born/woman (2005 est.) | 2.65 children born/woman (2003 est.) |
Unemployment rate | 5% (2002 est.) | 30% combined unemployment and underemployment in many non-industrialized countries; developed countries typically 4%-12% unemployment |