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Compare British Virgin Islands (2002) - Bermuda (2002)

Compare British Virgin Islands (2002) z Bermuda (2002)

 British Virgin Islands (2002)Bermuda (2002)
 British Virgin IslandsBermuda
Administrative divisions none (overseas territory of the UK) 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick
Age structure 0-14 years: 22.4% (male 2,401; female 2,351)


15-64 years: 72.7% (male 7,962; female 7,509)


65 years and over: 4.9% (male 565; female 484) (2002 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.)
Agriculture - products fruits, vegetables; livestock, poultry; fish bananas, vegetables, citrus, flowers; dairy products
Airports 3 (2001) 1 (2002)
Airports - with paved runways total: 2


914 to 1,523 m: 1


under 914 m: 1 (2002)
total: 1


2,438 to 3,047 m: 1 (2002)
Airports - with unpaved runways total: 1


914 to 1,523 m: 1 (2002)
-
Area total: 153 sq km


land: 153 sq km


water: 0 sq km


note: comprised of 16 inhabited and more than 20 uninhabited islands; includes the island of Anegada
total: 53.3 sq km


land: 53.3 sq km


water: 0 sq km
Area - comparative about 0.9 times the size of Washington, DC about one-third the size of Washington, DC
Background First settled by the Dutch in 1648, the islands were annexed in 1672 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. 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.
Birth rate 15.09 births/1,000 population (2002 est.) 11.82 births/1,000 population (2002 est.)
Budget revenues: $121.5 million


expenditures: $115.5 million, including capital expenditures of $NA (1997)
revenues: $609.5 million


expenditures: $574.6 million, including capital expenditures of $54.8 million (FY00/01)
Capital Road Town Hamilton
Climate subtropical; humid; temperatures moderated by trade winds subtropical; mild, humid; gales, strong winds common in winter
Coastline 80 km 103 km
Constitution 1 June 1977 8 June 1968, amended 1989
Country name conventional long form: none


conventional short form: British Virgin Islands


abbreviation: BVI
conventional long form: none


conventional short form: Bermuda


former: Somers Islands
Currency US dollar (USD) Bermudian dollar (BMD)
Death rate 4.42 deaths/1,000 population (2002 est.) 7.49 deaths/1,000 population (2002 est.)
Debt - external $36.1 million (1997) $145 million (FY99/00)
Dependency status overseas territory of the UK; internal self-governing overseas territory of the UK
Diplomatic representation from the US none (overseas territory of the UK) 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
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 $NA
Economy - overview The economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, generating an estimated 45% of the national income. An estimated 350,000 tourists, mainly from the US, visited the islands in 1998. 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. Roughly 400,000 companies were on the offshore registry by yearend 2000. 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. 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 39.1 million kWh (1999) 553.35 million kWh (2000)
Electricity - exports 0 kWh (1999) 0 kWh (2000)
Electricity - imports 0 kWh (1999) 0 kWh (2000)
Electricity - production 42 million kWh (1999) 595 million kWh (2000)
Electricity - production by source fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (1999)
fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (2000)
Elevation extremes lowest point: Caribbean Sea 0 m


highest point: Mount Sage 521 m
lowest point: Atlantic Ocean 0 m


highest point: Town Hill 76 m
Environment - current issues 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 catchments) asbestos disposal; water pollution; preservation of open space; sustainable development
Ethnic groups black 83%, white, Indian, Asian and mixed black 58%, white 36%, other 6%
Exchange rates the US dollar is used 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 Tom MACAN (since 14 October 2002)


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; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed chief minister 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 $6.2 million $51 million (2000)
Exports - commodities rum, fresh fish, fruits, animals; gravel, sand reexports of pharmaceuticals
Exports - partners Virgin Islands (US), Puerto Rico, US EU excluding UK 77.9%, US 9.8%, UK 6.9% (1999)
Fiscal year 1 April - 31 March 1 April - 31 March
Flag description 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) 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 purchasing power parity - $311 million (2000 est.) purchasing power parity - $2.2 billion (2001 est.)
GDP - composition by sector agriculture: 2%


industry: 6%


services: 92% (1996 est.)
agriculture: 1%


industry: 10%


services: 89% (1995 est.)
GDP - per capita purchasing power parity - $16,000 (2000 est.) purchasing power parity - $34,800 (2001 est.)
GDP - real growth rate 4.4% (2000 est.) 2.9% (2001 est.)
Geographic coordinates 18 30 N, 64 30 W 32 20 N, 64 45 W
Geography - note strong ties to nearby US Virgin Islands and Puerto Rico 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
Highways total: 177 km


paved: 177 km


unpaved: 0 km (2000)
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%: NA%


highest 10%: NA%
Illicit drugs transshipment point for South American narcotics destined for the US and Europe; large offshore financial center -
Imports $230 million (2000 est.) $719 million (2000)
Imports - commodities building materials, automobiles, foodstuffs, machinery machinery and transport equipment, construction materials, chemicals, food and live animals
Imports - partners Virgin Islands (US), Puerto Rico, US EU excluding UK 35.4%, US 17.8%, UK 15.4%, Russia 14.6% (1999)
Independence none (overseas territory of the UK) none (overseas territory of the UK)
Industrial production growth rate 4% (1985) NA%
Industries tourism, light industry, construction, rum, concrete block, offshore financial center tourism, international business, light manufacturing
Infant mortality rate 19.55 deaths/1,000 live births (2002 est.) 9.28 deaths/1,000 live births (2002 est.)
Inflation rate (consumer prices) 3.3% (2000) 3% (July 2001)
International organization participation Caricom (associate), CDB, ECLAC (associate), Interpol (subbureau), IOC, OECS (associate), UNESCO (associate) Caricom (observer), CCC, ICFTU, Interpol (subbureau), IOC
Internet Service Providers (ISPs) 16 (2000) 20 (2000)
Irrigated land NA sq km NA sq km
Judicial branch 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 Supreme Court; Court of Appeal; Magistrate Courts
Labor force 4,911 (1980) 37,472 (2000)
Labor force - by occupation agriculture NA%, industry NA%, services NA% clerical 22%, services 20%, laborers 17%, professional and technical 17%, administrative and managerial 13%, sales 8%, agriculture and fishing 3% (2000 est.)
Land boundaries 0 km 0 km
Land use arable land: 20%


permanent crops: 6.67%


other: 73.33% (1998 est.)
arable land: 0%


permanent crops: 0%


other: 100% (55% developed, 45% rural/open space) (1998 est.)
Languages English (official) English (official), Portuguese
Legal system English law English law
Legislative branch 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 four-year terms)


elections: last held 17 May 1999 (next to be held NA 2003)


election results: percent of vote by party - NA%; seats by party - VIP 7, CCM 1, NDP 5
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: 75.85 years


male: 74.9 years


female: 76.84 years (2002 est.)
total population: 77.3 years


male: 75.21 years


female: 79.27 years (2002 est.)
Literacy definition: age 15 and over can read and write


total population: 97.8% (1991 est.)


male: NA%


female: NA%
definition: age 15 and over can read and write


total population: 98%


male: 98%


female: 99% (1970 est.)
Location Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico North America, group of islands in the North Atlantic Ocean, east of North Carolina (US)
Map references Central America and the Caribbean North America
Maritime claims exclusive fishing zone: 200 NM


territorial sea: 3 NM
exclusive fishing zone: 200 NM


territorial sea: 12 NM
Merchant marine total: 1 ship (1,000 GRT or over) totaling 70,285 GRT/6,946 DWT


ships by type: passenger 1 (2002 est.)
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 - note defense is the responsibility of the UK defense is the responsibility of the UK
Military branches - no regular indigenous military forces; Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary
Military expenditures - dollar figure - $4,027,970 (January 2002)
Military expenditures - percent of GDP - 0.11% (FY00/01)
National holiday Territory Day, 1 July Bermuda Day, 24 May
Nationality noun: British Virgin Islander(s)


adjective: British Virgin Islander
noun: Bermudian(s)


adjective: Bermudian
Natural hazards hurricanes and tropical storms (July to October) hurricanes (June to November)
Natural resources NEGL limestone, pleasant climate fostering tourism
Net migration rate 10.91 migrant(s)/1,000 population (2002 est.) 2.61 migrant(s)/1,000 population (2002 est.)
Political parties and leaders 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] 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 NA 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 21,272 (July 2002 est.) 63,960 (July 2002 est.)
Population below poverty line NA% NA%
Population growth rate 2.16% (2002 est.) 0.69% (2002 est.)
Ports and harbors Road Town Hamilton, Saint George's, Dockyard
Radio broadcast stations AM 1, FM 4, shortwave 0 (1998) AM 5, FM 3, shortwave 0 (1998)
Radios 9,000 (1997) 82,000 (1997)
Railways 0 km 0 km
Religions Protestant 86% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, Jehovah's Witnesses 2%, other 2%), Roman Catholic 10%, none 2%, other 2% (1991) non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19%
Sex ratio at birth: 1.04 male(s)/female


under 15 years: 1.02 male(s)/female


15-64 years: 1.06 male(s)/female


65 years and over: 1.17 male(s)/female


total population: 1.06 male(s)/female (2002 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.)
Suffrage 18 years of age; universal 18 years of age; universal
Telephone system general assessment: worldwide telephone service


domestic: NA


international: submarine cable to Bermuda
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 10,000 (1996) 52,000 (1997)
Telephones - mobile cellular NA 7,980 (1996)
Television broadcast stations 1 (plus one cable company) (1997) 3 (1997)
Terrain coral islands relatively flat; volcanic islands steep, hilly low hills separated by fertile depressions
Total fertility rate 1.72 children born/woman (2002 est.) 1.81 children born/woman (2002 est.)
Unemployment rate 3% (1995) 4.5% (1993)
Waterways none none
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