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Compare Bermuda (2007) - Korea, South (2006)

Compare Bermuda (2007) z Korea, South (2006)

 Bermuda (2007)Korea, South (2006)
 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: 18.3% (male 6,094/female 6,014)


15-64 years: 69.2% (male 22,696/female 23,094)


65 years and over: 12.5% (male 3,597/female 4,668) (2007 est.)
0-14 years: 18.9% (male 4,844,083/female 4,368,139)


15-64 years: 71.9% (male 17,886,148/female 17,250,862)


65 years and over: 9.2% (male 1,818,677/female 2,678,914) (2006 est.)
Agriculture - products bananas, vegetables, citrus, flowers; dairy products, honey rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports 1 (2007) 107 (2006)
Airports - with paved runways total: 1


2,438 to 3,047 m: 1 (2007)
total: 69


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: 20 (2006)
Airports - with unpaved runways - total: 38


914 to 1,523 m: 3


under 914 m: 35 (2006)
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. Although a referendum on independence from the UK was soundly defeated in 1995, the present government has reopened debate on the issue. Korea was an independent kingdom for much of its millennia-long history. Following its victory in the Russo-Japanese War in 1905, Japan occupied Korea; five years later it formally annexed the entire peninsula. 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 Yo'ng-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 11.26 births/1,000 population (2007 est.) 10 births/1,000 population (2006 est.)
Budget revenues: $738 million


expenditures: $665 million (FY04/05)
revenues: $195 billion


expenditures: $189 billion; including capital expenditures of $NA (2005 est.)
Capital name: Hamilton


geographic coordinates: 32 17 N, 64 47 W


time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)


daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November
name: Seoul


geographic coordinates: 37 34 N, 127 00 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
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 7.84 deaths/1,000 population (2007 est.) 5.85 deaths/1,000 population (2006 est.)
Debt - external $160 million (FY99/00) $153.9 billion (2005 est.)
Dependency status 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
chief of mission: Ambassador Alexander VERSHBOW


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


mailing address: US Embassy Seoul, Unit 15550, 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 maritime disputes with North Korea over the Northern Limit Line; South Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima), occupied by South Korea since 1954
Economic aid - donor - ODA, $423.3 million (2004)
Economic aid - recipient $NA (2004) -
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 the 11 September 2001 attacks and again after Hurricane Katrina in August 2005, 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. Since the early 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 through the late 1980s 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 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 2005, growth moderated to about 4%. A downturn in consumer spending was offset by rapid export growth. In 2005, the government proposed labor reform legislation and a corporate pension scheme to help make the labor market more flexible, and new real estate policies to cool property speculation. Moderate inflation, low unemployment, an export surplus, and fairly equal distribution of income characterize this solid economy.
Electricity - consumption 574.8 million kWh (2005) 321.1 billion kWh (2004)
Electricity - exports 0 kWh (2005) 0 kWh (2004)
Electricity - imports 0 kWh (2005) 0 kWh (2004)
Electricity - production 618 million kWh (2005) 342.1 billion kWh (2004)
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 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 - 1,024.1 (2005), 1,145.3 (2004), 1,191.6 (2003), 1,251.1 (2002), 1,291 (2001)
Executive branch chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Acting Governor Mark CAPES (since 12 October 2007)


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: President ROH Moo-hyun (since 25 February 2003)


head of government: Prime Minister HAN Myeong-sook (since 20 April 2006); 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 in 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 0 bbl/day (2005) 645,200 bbl/day (2004)
Exports - commodities reexports of pharmaceuticals semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals
Exports - partners Spain 31.6%, UK 16.6%, Brazil 9.6%, Sweden 7.9% (2006) China 21.8%, US 14.6%, Japan 8.5%, Hong Kong 5.5% (2005)
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: 3.3%


industry: 40.3%


services: 56.3% (2005 est.)
GDP - real growth rate 4.6% (2004 est.) 4% (2005 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 - 540 (2006)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: 2.9%


highest 10%: 25% (2005 est.)
Imports NA bbl/day 2.263 million bbl/day (2004)
Imports - commodities clothing, fuels, 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 US 71.8%, Venezuela 6.9%, Canada 6.6% (2006) Japan 18.5%, China 14.8%, US 11.8%, Saudi Arabia 6.2% (2005)
Independence none (overseas territory of the UK) 15 August 1945 (from Japan)
Industrial production growth rate NA% 5.9% (2005 est.)
Industries international business, tourism, light manufacturing electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
Infant mortality rate total: 8.08 deaths/1,000 live births


male: 9.58 deaths/1,000 live births


female: 6.56 deaths/1,000 live births (2007 est.)
total: 6.16 deaths/1,000 live births


male: 6.54 deaths/1,000 live births


female: 5.75 deaths/1,000 live births (2006 est.)
Inflation rate (consumer prices) 2.8% (November 2005) 2.8% (2005 est.)
International organization participation Caricom (associate), Interpol (subbureau), IOC, ITUC, UPU, WCO AfDB, APEC, APT, ARF, AsDB, ASEAN (dialogue partner), Australia Group, BIS, CP, EAS, EBRD, FAO, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITU, LAIA, MIGA, NEA, NSG, OAS (observer), OECD, ONUB, OPCW, OSCE (partner), PCA, PIF (partner), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNMIS, UNMOGIP, UNOMIG, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, 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 38,360 (2004) 23.53 million (2005 est.)
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: 6.4%


industry: 26.4%


services: 67.2% (2005 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) (2005)
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
Legislative branch bicameral Parliament consists of the Senate (11 seats; members 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 National Assembly or Kukhoe (299 seats - members elected for four-year terms; 243 in single-seat constituencies, 56 by proportional representation)


elections: last held 15 April 2004 (next to be held in April 2008; byelections held on 30 April 2005 and on 26 October 2005)


election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, DP 3%, others 2%; seats by party - Uri 144, GNP 127, DP 11, DLP 9, ULD 3, independents 5


note: percent of vote is for 2004 general election; seats by party reflect results of April and October 2005 byelections involving six and four seats respectively; MDP became DP in May 2005; United Liberal Democrats (ULD) merged with GNP in February 2006. (2006)
Life expectancy at birth total population: 78.13 years


male: 76 years


female: 80.29 years (2007 est.)
total population: 77.04 years


male: 73.61 years


female: 80.75 years (2006 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: 97.9%


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: 133 ships (1000 GRT or over) 8,366,999 GRT/8,615,385 DWT


by type: bulk carrier 24, container 22, liquefied gas 30, passenger 23, passenger/cargo 5, petroleum tanker 15, refrigerated cargo 10, roll on/roll off 4


foreign-owned: 126 (Australia 4, Belgium 3, China 10, France 1, Germany 21, Greece 3, Hong Kong 4, Ireland 1, Israel 3, Japan 1, Nigeria 11, Norway 5, Singapore 1, Sweden 15, UK 20, US 23)


registered in other countries: 50 (Bahamas 12, Croatia 2, Marshall Islands 5, Philippines 31) (2007)
total: 669 ships (1000 GRT or over) 8,634,188 GRT/13,733,624 DWT


by type: bulk carrier 157, cargo 193, chemical tanker 98, container 81, liquefied gas 22, passenger 5, passenger/cargo 24, petroleum tanker 57, refrigerated cargo 17, roll on/roll off 6, specialized tanker 3, vehicle carrier 6


foreign-owned: 22 (France 12, Japan 1, UK 2, US 7)


registered in other countries: 365 (Belize 4, Cambodia 23, China 2, Cyprus 1, Georgia 1, Honduras 6, Hong Kong 6, Indonesia 1, Liberia 3, Malaysia 1, Malta 6, Marshall Islands 1, Panama 291, Singapore 17, unknown 2) (2006)
Military - note defense is the responsibility of the UK -
Military branches no regular military forces; Bermuda Police Service, Bermuda Reserve Constabulary, 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 - $21.06 billion FY05 (2005 est.)
Military expenditures - percent of GDP 0.11% (2005 est.) 2.6% FY05 (2005 est.)
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 2.34 migrant(s)/1,000 population (2007 est.) 0 migrant(s)/1,000 population (2006 est.)
Pipelines - gas 1,482 km; refined products 827 km (2006)
Political parties and leaders Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [Wayne FURBERT] Democratic Labor Party or DLP [MOON Seong-hyun]; Democratic Party or DP [HAHN Hwa-kap]; Grand National Party or GNP [KANG Jae-sup]; People-Centered Party or PCP [SHIN Kook-hwan]; Uri Party [KIM Geun-tae]
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 66,163 (July 2007 est.) 48,846,823 (July 2006 est.)
Population below poverty line 19% (2000) 15% (2003 est.)
Population growth rate 0.576% (2007 est.) 0.42% (2006 est.)
Radio broadcast stations AM 5, FM 3, shortwave 0 (2005) AM 61, FM 150, shortwave 2 (2005)
Railways - total: 3,472 km


standard gauge: 3,472 km 1.435-m gauge (1,361 km electrified) (2005)
Religions Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census) no affiliation 46%, Christian 26%, Buddhist 26%, Confucianist 1%, other 1%
Sex ratio at birth: 1.02 male(s)/female


under 15 years: 1.013 male(s)/female


15-64 years: 0.983 male(s)/female


65 years and over: 0.771 male(s)/female


total population: 0.959 male(s)/female (2007 est.)
at birth: 1.08 male(s)/female


under 15 years: 1.11 male(s)/female


15-64 years: 1.04 male(s)/female


65 years and over: 0.68 male(s)/female


total population: 1.01 male(s)/female (2006 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; landing point for the Atlantica-1 telecommunications submarine cable that extends from the US to Brazil; satellite earth stations - 3 (2007)
general assessment: excellent domestic and international services


domestic: NA


international: country code - 82; 10 fiber-optic submarine cables - 1 Korea-Russia-Japan, 1 Korea-Japan-Hong Kong, 3 Korea-Japan-China, 1 Korea-Japan-China-Europe, 1 Korea-Japan-China-US-Taiwan, 1 Korea-Japan-China, 1 Korea-Japan-Hong Kong-Taiwan, 1 Korea-Japan; 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 57,700 (2006) 23.745 million (2005)
Telephones - mobile cellular 60,100 (2006) 38.342 million (2005)
Television broadcast stations 3 (2005) terrestrial stations 43; cable operators 59; relay cable operators 190 (2005)
Terrain low hills separated by fertile depressions mostly hills and mountains; wide coastal plains in west and south
Total fertility rate 1.88 children born/woman (2007 est.) 1.27 children born/woman (2006 est.)
Unemployment rate 2.1% (2004 est.) 3.7% (2005 est.)
Waterways - 1,608 km (most navigable only by small craft) (2006)
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