Cayman Islands (2001) | Bermuda (2002) | |
Administrative divisions | 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western | 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:
22.21% (male 3,807; female 4,084) 15-64 years: 69.74% (male 12,102; female 12,676) 65 years and over: 8.05% (male 1,318; female 1,540) (2001 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 | vegetables, fruit; livestock, turtle farming | bananas, vegetables, citrus, flowers; dairy products |
Airports | 3 (2000 est.) | 1 (2002) |
Airports - with paved runways | total:
2 1,524 to 2,437 m: 2 (2000 est.) |
total: 1
2,438 to 3,047 m: 1 (2002) |
Airports - with unpaved runways | total:
1 914 to 1,523 m: 1 (2000 est.) |
- |
Area | total:
259 sq km land: 259 sq km water: 0 sq km |
total: 53.3 sq km
land: 53.3 sq km water: 0 sq km |
Area - comparative | 1.5 times the size of Washington, DC | about one-third the size of Washington, DC |
Background | The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica from 1863, they remained a British dependency after 1962 when the former became independent. | 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 | 13.79 births/1,000 population (2001 est.) | 11.82 births/1,000 population (2002 est.) |
Budget | revenues:
$265.2 million expenditures: $248.9 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 | George Town | Hamilton |
Climate | tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) | subtropical; mild, humid; gales, strong winds common in winter |
Coastline | 160 km | 103 km |
Constitution | 1959, revised 1972 and 1992 | 8 June 1968, amended 1989 |
Country name | conventional long form:
none conventional short form: Cayman Islands |
conventional long form: none
conventional short form: Bermuda former: Somers Islands |
Currency | Caymanian dollar (KYD) | Bermudian dollar (BMD) |
Death rate | 5.15 deaths/1,000 population (2001 est.) | 7.49 deaths/1,000 population (2002 est.) |
Debt - external | $70 million (1996) | $145 million (FY99/00) |
Dependency status | overseas territory of the UK | 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 | With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1997, including almost 600 banks and trust companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1.2 million visitors in 1997. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world. | 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 | 306.9 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 | 330 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: The Bluff 43 m |
lowest point: Atlantic Ocean 0 m
highest point: Town Hill 76 m |
Environment - current issues | no natural fresh water resources; drinking water supplies must be met by rainwater catchment | asbestos disposal; water pollution; preservation of open space; sustainable development |
Ethnic groups | mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% | black 58%, white 36%, other 6% |
Exchange rates | Caymanian dollars per US dollar - 0.83 (3 November 1995), 0.85 (22 November 1993) | 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); Governor and President of the Executive Council Peter SMITH (since 5 May 1999) head of government: Kurt TIBBETTS (since November 2000) cabinet: Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly) elections: none; the monarch is hereditary; the governor is appointed by the monarch |
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 | $1.5 million (1998) | $51 million (2000) |
Exports - commodities | turtle products, manufactured consumer goods | reexports of pharmaceuticals |
Exports - partners | mostly 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 Caymanian coat of arms on a white disk centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS | 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 - $930 million (1997 est.) | purchasing power parity - $2.2 billion (2001 est.) |
GDP - composition by sector | agriculture:
1.4% industry: 3.2% services: 95.4% (1994 est.) |
agriculture: 1%
industry: 10% services: 89% (1995 est.) |
GDP - per capita | purchasing power parity - $24,500 (1997 est.) | purchasing power parity - $34,800 (2001 est.) |
GDP - real growth rate | 4.9% (1999 est.) | 2.9% (2001 est.) |
Geographic coordinates | 19 30 N, 80 30 W | 32 20 N, 64 45 W |
Geography - note | important location between Cuba and Central America | 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:
406 km paved: 304 km unpaved: 102 km |
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 | vulnerable to drug money laundering and drug transshipment to the US and Europe | - |
Imports | $507.6 million (1998) | $719 million (2000) |
Imports - commodities | foodstuffs, manufactured goods | machinery and transport equipment, construction materials, chemicals, food and live animals |
Imports - partners | US, Trinidad and Tobago, UK, Netherlands Antilles, Japan | 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 | NA% | NA% |
Industries | tourism, banking, insurance and finance, construction, construction materials, furniture | tourism, international business, light manufacturing |
Infant mortality rate | 10.16 deaths/1,000 live births (2001 est.) | 9.28 deaths/1,000 live births (2002 est.) |
Inflation rate (consumer prices) | 3% (1998) | 3% (July 2001) |
International organization participation | Caricom (observer), CDB, Interpol (subbureau), IOC, 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 | Summary Court; Grand Court; Cayman Islands Court of Appeal | Supreme Court; Court of Appeal; Magistrate Courts |
Labor force | 19,820 (1995) | 37,472 (2000) |
Labor force - by occupation | agriculture 1.4%, industry 12.6%, services 86% (1995) | 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:
0% permanent crops: 0% permanent pastures: 8% forests and woodland: 23% other: 69% (1993 est.) |
arable land: 0%
permanent crops: 0% other: 100% (55% developed, 45% rural/open space) (1998 est.) |
Languages | English | English (official), Portuguese |
Legal system | British common law and local statutes | English law |
Legislative branch | unicameral Legislative Assembly (18 seats, three appointed members and 15 elected by popular vote; members serve four-year terms)
elections: last held 8 November 2000 (next to be held NA November 2004) election results: percent of vote - NA%; seats - NA |
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:
79.03 years male: 76.24 years female: 81.43 years (2001 est.) |
total population: 77.3 years
male: 75.21 years female: 79.27 years (2002 est.) |
Literacy | definition:
age 15 and over has ever attended school total population: 98% male: 98% female: 98% (1970 est.) |
definition: age 15 and over can read and write
total population: 98% male: 98% female: 99% (1970 est.) |
Location | Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras | 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: 12 NM |
exclusive fishing zone: 200 NM
territorial sea: 12 NM |
Merchant marine | total:
106 ships (1,000 GRT or over) totaling 1,656,452 GRT/2,643,036 DWT ships by type: bulk 21, cargo 5, chemical tanker 27, container 4, liquefied gas 1, petroleum tanker 13, refrigerated cargo 30, roll on/roll off 4, specialized tanker 1 note: includes some foreign-owned ships registered here as a flag of convenience: Cyprus 2, Denmark 2, Finland 1, Greece 11, Norway 3, UK 3, US 3 (2000 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 | Royal Cayman Islands Police Force (RCIPF) | 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 | Constitution Day, first Monday in July | Bermuda Day, 24 May |
Nationality | noun:
Caymanian(s) adjective: Caymanian |
noun: Bermudian(s)
adjective: Bermudian |
Natural hazards | hurricanes (July to November) | hurricanes (June to November) |
Natural resources | fish, climate and beaches that foster tourism | limestone, pleasant climate fostering tourism |
Net migration rate | 12.58 migrant(s)/1,000 population (2001 est.)
note: major destination for Cubans trying to migrate to the US |
2.61 migrant(s)/1,000 population (2002 est.) |
Political parties and leaders | there are no formal political parties but the following loose groupings act as political organizations; National Team; Democratic Alliance; Team Cayman | 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 | 35,527 (July 2001 est.) | 63,960 (July 2002 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 2.12% (2001 est.) | 0.69% (2002 est.) |
Ports and harbors | Cayman Brac, George Town | Hamilton, Saint George's, Dockyard |
Radio broadcast stations | AM 1, FM 5, shortwave 0 (1998) | AM 5, FM 3, shortwave 0 (1998) |
Radios | 36,000 (1997) | 82,000 (1997) |
Railways | 0 km | 0 km |
Religions | United Church (Presbyterian and Congregational), Anglican, Baptist, Roman Catholic, Church of God, other Protestant | non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19% |
Sex ratio | at birth:
0.86 male(s)/female under 15 years: 0.93 male(s)/female 15-64 years: 0.95 male(s)/female 65 years and over: 0.86 male(s)/female total population: 0.94 male(s)/female (2001 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:
NA domestic: NA international: 1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean) |
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 | 19,000 (1995) | 52,000 (1997) |
Telephones - mobile cellular | 2,534 (1995) | 7,980 (1996) |
Television broadcast stations | NA | 3 (1997) |
Terrain | low-lying limestone base surrounded by coral reefs | low hills separated by fertile depressions |
Total fertility rate | 2.04 children born/woman (2001 est.) | 1.81 children born/woman (2002 est.) |
Unemployment rate | 4.1% (1997) | 4.5% (1993) |
Waterways | none | none |