Bermuda (2006) | British Virgin Islands (2001) | |
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: 18.6% (male 6,146/female 6,098)
15-64 years: 69.2% (male 22,562/female 22,954) 65 years and over: 12.2% (male 3,479/female 4,534) (2006 est.) |
0-14 years:
22.77% (male 2,399; female 2,339) 15-64 years: 72.31% (male 7,741; female 7,309) 65 years and over: 4.92% (male 555; female 469) (2001 est.) |
Agriculture - products | bananas, vegetables, citrus, flowers; dairy products, honey | fruits, vegetables; livestock, poultry; fish |
Airports | 1 (2006) | 3 (2000 est.) |
Airports - with paved runways | total: 1
2,438 to 3,047 m: 1 (2006) |
total:
2 914 to 1,523 m: 1 under 914 m: 1 (2000 est.) |
Airports - with unpaved runways | - | total:
1 914 to 1,523 m: 1 (2000 est.) |
Area | total: 53.3 sq km
land: 53.3 sq km water: 0 sq km |
total:
150 sq km land: 150 sq km water: 0 sq km note: 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. Although a referendum on independence from the UK was soundly defeated in 1995, the present government has reopened debate on the issue. | First settled by the Dutch in 1648, the islands were soon after (1672) annexed 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 | 11.4 births/1,000 population (2006 est.) | 15.18 births/1,000 population (2001 est.) |
Budget | revenues: $738 million
expenditures: $665 million (FY04/05) |
revenues:
$121.5 million expenditures: $115.5 million, including capital expenditures of $NA (1997) |
Capital | name: Hamilton
geographic coordinates: 32 17 N, 64 46 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins first Sunday in April; ends last Sunday in October |
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 | - | US dollar (USD) |
Death rate | 7.74 deaths/1,000 population (2006 est.) | 4.42 deaths/1,000 population (2001 est.) |
Debt - external | $160 million (FY99/00) | $36.1 million (1997) |
Dependency status | overseas territory of the UK | overseas territory of the UK |
Diplomatic representation from the US | 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 |
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 | $2.6 million (1995) |
Economy - overview | 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 11 September 2001 and again after Hurricane Katrina, 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. | The economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, which generates an estimated 45% of the national income. An estimated 350,000 tourists, mainly from the US, visited the islands in 1997. 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. An estimated 250,000 companies were on the offshore registry by yearend 1997. 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 | 616.7 million kWh (2005) | 39.1 million kWh (1999) |
Electricity - exports | 0 kWh (2005) | 0 kWh (1999) |
Electricity - imports | 0 kWh (2005) | 0 kWh (1999) |
Electricity - production | 682.5 million kWh (2005) | 42 million kWh (1999) |
Electricity - production by source | - | fossil fuel:
100% hydro: 0% nuclear: 0% other: 0% (1999) |
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 | 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 catchment) |
Ethnic groups | black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census) | black 90%, white, Asian |
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 11 April 2002)
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 |
chief of state:
Queen ELIZABETH II (since 6 February 1952), represented by Governor Francis J. SAVAGE (since NA) head of government: Chief Minister Ralph T. O'NEAL (since 15 May 1995) cabinet: Executive Council appointed by the governor from members of the Legislative Council elections: none; the monarch is hereditary; governor appointed by the monarch; chief minister appointed by the governor from among the members of the Legislative Council |
Exports | 0 bbl/day NA bbl/day | $6.2 million (2000 est.) |
Exports - commodities | reexports of pharmaceuticals | rum, fresh fish, fruits, animals; gravel, sand |
Exports - partners | France 65.6%, Spain 11.7%, US 4.5% (2005) | 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 - $311 million (2000 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 - $16,000 (2000 est.) |
GDP - real growth rate | 4.6% (2004 est.) | 6% (2000 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:
132 km paved: 132 km unpaved: 0 km (1997) |
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 |
Imports | NA bbl/day | $220 million (2000 est.) |
Imports - commodities | clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals | building materials, automobiles, foodstuffs, machinery |
Imports - partners | Kazakhstan 51%, France 19%, South Korea 10.2%, US 7.6% (2005) | Virgin Islands (US), Puerto Rico, US |
Independence | none (overseas territory of the UK) | none (overseas territory of the UK) |
Industrial production growth rate | NA% | 4% (1985) |
Industries | international business, tourism, light manufacturing | tourism, light industry, construction, rum, concrete block, offshore financial center |
Infant mortality rate | total: 8.3 deaths/1,000 live births
male: 9.85 deaths/1,000 live births female: 6.73 deaths/1,000 live births (2006 est.) |
20.3 deaths/1,000 live births (2001 est.) |
Inflation rate (consumer prices) | 2.8% (November 2005) | 2% (2000) |
International organization participation | Caricom (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO | Caricom (associate), CDB, ECLAC (associate), Interpol (subbureau), IOC, OECS (associate), UNESCO (associate) |
Internet Service Providers (ISPs) | - | 16 (2000) |
Irrigated land | NA | 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 | 38,360 (2004) | 4,911 (1980) |
Labor force - by occupation | agriculture and fishing 3%, laborers 17%, clerical 19%, professional and technical 21%, administrative and managerial 15%, sales 7%, services 19% (2004 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) (2005) |
arable land:
20% permanent crops: 7% permanent pastures: 33% forests and woodland: 7% other: 33% (1993 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 not later than 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 five-year terms)
elections: last held 17 May 1999 (next to be held NA 2004) election results: percent of vote by party - NA%; seats by party - VIP 7, CCM 1, NDP 5 |
Life expectancy at birth | total population: 77.96 years
male: 75.85 years female: 80.1 years (2006 est.) |
total population:
75.64 years male: 74.74 years female: 76.59 years (2001 est.) |
Literacy | definition: age 15 and over can read and write
total population: 98% male: 98% female: 99% (2005 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: 132 ships (1000 GRT or over) 7,873,728 GRT/8,688,692 DWT
by type: bulk carrier 25, cargo 1, container 24, liquefied gas 23, passenger 19, passenger/cargo 6, petroleum tanker 16, refrigerated cargo 13, roll on/roll off 5 foreign-owned: 116 (Australia 3, Belgium 4, France 1, Germany 21, Greece 2, Hong Kong 10, Indonesia 1, Ireland 1, Israel 3, Monaco 2, Nigeria 11, Norway 5, Sweden 14, Switzerland 2, UK 9, US 27) registered in other countries: 6 (Liberia 1, Marshall Islands 4, Panama 1) (2006) |
total:
1 ship (1,000 GRT or over) totaling 70,285 GRT/6,946 DWT ships by type: passenger 1 (2000 est.) |
Military - note | defense is the responsibility of the UK | defense is the responsibility of the UK |
Military branches | no regular military forces | - |
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 | 2.4 migrant(s)/1,000 population (2006 est.) | 11.39 migrant(s)/1,000 population (2001 est.) |
Political parties and leaders | Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [Wayne FURBERT] | 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 | 65,773 (July 2006 est.) | 20,812 (July 2001 est.) |
Population below poverty line | 19% (2000) | NA% |
Population growth rate | 0.61% (2006 est.) | 2.22% (2001 est.) |
Ports and harbors | - | Road Town |
Radio broadcast stations | AM 5, FM 3, shortwave 0 (2005) | AM 1, FM 4, shortwave 0 (1998) |
Radios | - | 9,000 (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) | Protestant 86% (Methodist 45%, Anglican 21%, Church of God 7%, Seventh-Day Adventist 5%, Baptist 4%, Jehovah's Witnesses 2%, other 2%), Roman Catholic 6%, none 2%, other 6% (1981) |
Sex ratio | at birth: 1.02 male(s)/female
under 15 years: 1.01 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 (2006 est.) |
at birth:
1.05 male(s)/female under 15 years: 1.03 male(s)/female 15-64 years: 1.06 male(s)/female 65 years and over: 1.18 male(s)/female total population: 1.06 male(s)/female (2001 est.) |
Suffrage | 18 years of age; universal | 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; submarine cables - 3 (fiber optic); satellite earth stations - 3 (2005) |
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 | 49,000 (2004) | NA |
Television broadcast stations | 3 (2005) | 1 (plus one cable company) (1997) |
Terrain | low hills separated by fertile depressions | coral islands relatively flat; volcanic islands steep, hilly |
Total fertility rate | 1.89 children born/woman (2006 est.) | 1.72 children born/woman (2001 est.) |
Unemployment rate | 2.1% (2004 est.) | 3% (1995) |
Waterways | - | none |