Cayman Islands (2004) | Bermuda (2006) | |
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: 21.4% (male 4,608; female 4,616)
15-64 years: 70.6% (male 14,858; female 15,593) 65 years and over: 8% (male 1,607; female 1,821) (2004 est.) |
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.) |
Agriculture - products | vegetables, fruit; livestock, turtle farming | bananas, vegetables, citrus, flowers; dairy products, honey |
Airports | 3 (2003 est.) | 1 (2006) |
Airports - with paved runways | total: 2
1,524 to 2,437 m: 2 (2004 est.) |
total: 1
2,438 to 3,047 m: 1 (2006) |
Airports - with unpaved runways | total: 1
914 to 1,523 m: 1 (2004 est.) |
- |
Area | total: 262 sq km
land: 262 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 since 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. Although a referendum on independence from the UK was soundly defeated in 1995, the present government has reopened debate on the issue. |
Birth rate | 13.11 births/1,000 population (2004 est.) | 11.4 births/1,000 population (2006 est.) |
Budget | revenues: $265.2 million
expenditures: $248.9 million, including capital expenditures of NA (1997) |
revenues: $738 million
expenditures: $665 million (FY04/05) |
Capital | George Town | 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 |
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 and 2003 |
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) | - |
Death rate | 4.76 deaths/1,000 population (2004 est.) | 7.74 deaths/1,000 population (2006 est.) |
Debt - external | $70 million (1996) | $160 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 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 |
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 (1999) | $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 1998, 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 in 1997, with 600,000 from the US. 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 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. |
Electricity - consumption | 355.2 million kWh (2001) | 616.7 million kWh (2005) |
Electricity - exports | 0 kWh (2001) | 0 kWh (2005) |
Electricity - imports | 0 kWh (2001) | 0 kWh (2005) |
Electricity - production | 381.9 million kWh (2001) | 682.5 million kWh (2005) |
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 catchments | sustainable development |
Ethnic groups | mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% | black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census) |
Exchange rates | Caymanian dollars per US dollar - 0.82 (29 October 2001), 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 Bruce DINWIDDY (since 29 May 2002)
head of government: Chief Secretary W. McKeeva BUSH (since NA December 2001) 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; the chief secretary is appointed by the governor |
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 |
Exports | NA (2001) | 0 bbl/day NA bbl/day |
Exports - commodities | turtle products, manufactured consumer goods | reexports of pharmaceuticals |
Exports - partners | mostly US | France 65.6%, Spain 11.7%, US 4.5% (2005) |
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 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 - $1.27 billion (2002 est.) | - |
GDP - composition by sector | agriculture: 1.4%
industry: 3.2% services: 95.4% (1994 est.) |
agriculture: 1%
industry: 10% services: 89% (2002 est.) |
GDP - per capita | purchasing power parity - $35,000 (2002 est.) | - |
GDP - real growth rate | 1.7% (2002 est.) | 4.6% (2004 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 was leased by US Government from 1941 to 1995 |
Highways | total: 785 km
paved: 785 km (2000) |
- |
Household income or consumption by percentage share | lowest 10%: NA
highest 10%: NA |
lowest 10%: NA%
highest 10%: NA% |
Illicit drugs | offshore financial center; vulnerable to drug transshipment to the US and Europe | - |
Imports | NA (2001) | NA bbl/day |
Imports - commodities | foodstuffs, manufactured goods | clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals |
Imports - partners | US, Trinidad and Tobago, UK, Netherlands Antilles, Japan | Kazakhstan 51%, France 19%, South Korea 10.2%, US 7.6% (2005) |
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 | international business, tourism, light manufacturing |
Infant mortality rate | total: 8.41 deaths/1,000 live births
male: 9.64 deaths/1,000 live births female: 7.16 deaths/1,000 live births (2004 est.) |
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.) |
Inflation rate (consumer prices) | 2.8% (2002) | 2.8% (November 2005) |
International organization participation | Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU | Caricom (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO |
Irrigated land | NA sq km | NA |
Judicial branch | Summary Court; Grand Court; Cayman Islands Court of Appeal | Supreme Court; Court of Appeal; Magistrate Courts |
Labor force | 19,820 (1995) | 38,360 (2004) |
Labor force - by occupation | agriculture 1.4%, industry 12.6%, services 86% (1995) | agriculture and fishing 3%, laborers 17%, clerical 19%, professional and technical 21%, administrative and managerial 15%, sales 7%, services 19% (2004 est.) |
Land boundaries | 0 km | 0 km |
Land use | arable land: 3.85%
permanent crops: 0% other: 96.15% (2001) |
arable land: 20%
permanent crops: 0% other: 80% (55% developed, 45% rural/open space) (2005) |
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 from the Executive Council and 15 elected by popular vote; members serve four-year terms)
elections: last held 8 November 2000 (next to be held 17 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 (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 |
Life expectancy at birth | total population: 79.81 years
male: 77.21 years female: 82.45 years (2004 est.) |
total population: 77.96 years
male: 75.85 years female: 80.1 years (2006 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% (2005 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 South Carolina (US) |
Map references | Central America and the Caribbean | North America |
Maritime claims | territorial sea: 12 nm
exclusive fishing zone: 200 nm |
territorial sea: 12 nm
exclusive fishing zone: 200 nm |
Merchant marine | total: 137 ships (1,000 GRT or over) 2,827,837 GRT/4,555,974 DWT
by type: bulk 27, cargo 7, chemical tanker 36, container 2, liquefied gas 1, petroleum tanker 25, refrigerated cargo 33, roll on/roll off 4, short-sea/passenger 1, specialized tanker 1 foreign-owned: Germany 9, Greece 25, Hong Kong 3, Italy 14, Norway 4, Singapore 1, Spain 11, Sweden 13, Switzerland 1, United Kingdom 18, United States 43 registered in other countries: 2 (2004 est.) |
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) |
Military - note | defense is the responsibility of the UK | defense is the responsibility of the UK |
Military branches | no regular military forces; Royal Cayman Islands Police Force | no regular military forces |
Military expenditures - dollar figure | - | $4.03 million (2001) |
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 | 18.75 migrant(s)/1,000 population
note: major destination for Cubans trying to migrate to the US (2004 est.) |
2.4 migrant(s)/1,000 population (2006 est.) |
Political parties and leaders | no national teams (loose groupings of political organizations) were formed for the 2000 elections; United Democratic Party or UDP [leader McKeeva BUSH]; People's Progressive Movement or PPM [leader Kurt TIBBETTS] | Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [Wayne FURBERT] |
Political pressure groups and leaders | NA | 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 | 43,103 (July 2004 est.) | 65,773 (July 2006 est.) |
Population below poverty line | NA (2002 est.) | 19% (2000) |
Population growth rate | 2.71% (2004 est.) | 0.61% (2006 est.) |
Ports and harbors | Cayman Brac, George Town | - |
Radio broadcast stations | AM 1, FM 5, shortwave 0 (1998) | AM 5, FM 3, shortwave 0 (2005) |
Religions | United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic | Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census) |
Sex ratio | at birth: 1.02 male(s)/female
under 15 years: 1 male(s)/female 15-64 years: 0.95 male(s)/female 65 years and over: 0.88 male(s)/female total population: 0.96 male(s)/female (2004 est.) |
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.) |
Suffrage | 18 years of age; universal | 18 years of age; universal |
Telephone system | general assessment: NA
domestic: NA international: country code - 1-345; 1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean) |
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) |
Telephones - main lines in use | 38,000 (2002) | 56,000 (2002) |
Telephones - mobile cellular | 17,000 (2002) | 49,000 (2004) |
Television broadcast stations | 1 with cable system | 3 (2005) |
Terrain | low-lying limestone base surrounded by coral reefs | low hills separated by fertile depressions |
Total fertility rate | 1.9 children born/woman (2004 est.) | 1.89 children born/woman (2006 est.) |
Unemployment rate | 4.1% (1997) | 2.1% (2004 est.) |