Compare Cayman Islands (2005) - Bermuda (2004)

Compare Cayman Islands (2005) z Bermuda (2004)

	Cayman Islands (2005)	Bermuda (2004)

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: 21.1% (male 4,658/female 4,662) 15-64 years: 70.8% (male 15,284/female 16,050) 65 years and over: 8.2% (male 1,699/female 1,917) (2005 est.)	0-14 years: 19.1% (male 6,192; female 6,186) 15-64 years: 69.3% (male 22,268; female 22,703) 65 years and over: 11.7% (male 3,295; female 4,291) (2004 est.)
Agriculture - products	vegetables, fruit; livestock, turtle farming	bananas, vegetables, citrus, flowers; dairy products
Airports	3 (2004 est.)	1 (2003 est.)
Airports - with paved runways	total: 2 1,524 to 2,437 m: 2 (2004 est.)	total: 1 2,438 to 3,047 m: 1 (2004 est.)
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. A referendum on independence was soundly defeated in 1995.
Birth rate	12.92 births/1,000 population (2005 est.)	11.83 births/1,000 population (2004 est.)
Budget	revenues: $265.2 million expenditures: $248.9 million, including capital expenditures of NA (1997)	revenues: $671.1 million expenditures: $594.6 million, including capital expenditures of $55 million (FY03/04)
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 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	-	Bermudian dollar (BMD)
Death rate	4.81 deaths/1,000 population (2005 est.)	7.55 deaths/1,000 population (2004 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: Deputy Chief of Mission Antoinette BOECKER consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3 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 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 one of the highest per capita incomes in the world, equal to that of the US. Its economy is 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 tourism industry - which derives over 80% of its visitors from the US - was severely hit as American tourists chose not to travel. Tourism rebounded somewhat in 2002-03. 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, only 6% of the land being arable.
Electricity - consumption	382.1 million kWh (2002)	598.6 million kWh (2001)
Electricity - exports	0 kWh (2002)	0 kWh (2001)
Electricity - imports	0 kWh (2002)	0 kWh (2001)
Electricity - production	410.8 million kWh (2002)	643.7 million kWh (2001)
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	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 - 0.82 (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: Leader of Government Business Kurt TIBBETTS (since 18 May 2005) 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; following legislative elections, the leader of the majority party or coalition is appointed by the governor Leader of Government Business	chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Sir John VEREKER (since NA April 2002) head of government: Premier Alex SCOTT (since 24 July 2003); Deputy Premier Ewart BROWN 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	NA (2001)
Exports - commodities	turtle products, manufactured consumer goods	reexports of pharmaceuticals
Exports - partners	mostly US	France 62%, Norway 13.8%, UK 7.5% (2003)
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 - $2.33 billion (2003 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 - $32,300 (2004 est.)	purchasing power parity - $36,000 (2003 est.)
GDP - real growth rate	1.7% (2002 est.)	2% (2003 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)	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	offshore financial center; vulnerable to drug transshipment to the US and Europe	-
Imports	NA	NA (2001)
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	Kazakhstan 46.7%, France 32.5%, US 8.5% (2003)
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	total: 8.19 deaths/1,000 live births male: 9.39 deaths/1,000 live births female: 6.97 deaths/1,000 live births (2005 est.)	total: 8.79 deaths/1,000 live births male: 10.45 deaths/1,000 live births female: 7.1 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices)	2.8% (2002)	3.3% (mid-2003 est.)
International organization participation	Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU	Caricom (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO, Egmont Group, Caribbean Financial Action Task Force
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)	37,470 (2000)
Labor force - by occupation	agriculture 1.4%, industry 12.6%, services 86% (1995)	agriculture and fishing 3%, laborers 17%, clerical 22%, professional and technical 17%, administrative and managerial 13%, sales 8%, services 20% (2000 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) (2001)
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 11 May 2005 (next to be held 2009) election results: percent of vote - NA%; seats - PPM 9, UDP 5, independent 1	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 NA 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: 79.95 years male: 77.33 years female: 82.6 years (2005 est.)	total population: 77.6 years male: 75.54 years female: 79.7 years (2004 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 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: 129 ships (1,000 GRT or over) 2,827,837 GRT/4,555,974 DWT by type: bulk carrier 29, cargo 12, chemical tanker 39, liquefied gas 1, petroleum tanker 17, refrigerated cargo 28, roll on/roll off 3 foreign-owned: 126 (Denmark 1, Germany 14, Greece 20, Italy 12, Norway 1, Philippines 1, Sweden 13, Switzerland 11, United Kingdom 9, United States 44) (2005)	total: 94 ships (1,000 GRT or over) 4,845,326 GRT/6,501,782 DWT by type: bulk 25, cargo 4, container 17, liquefied gas 9, passenger 6, petroleum tanker 9, refrigerated cargo 11, roll on/roll off 10, short-sea/passenger 3 foreign-owned: Croatia 5, Germany 2, Greece 21, Hong Kong 9, Indonesia 1, Sweden 6, Switzerland 1, United Kingdom 33, United States 12 registered in other countries: 2 (2004 est.)
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	Bermuda Regiment
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	18.25 migrant(s)/1,000 population note: major destination for Cubans trying to migrate to the US (2005 est.)	2.49 migrant(s)/1,000 population (2004 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]	Gombey Liberation Party or GLP [Gavin Sundjata SMITH]; National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [William Alexander SCOTT]; United Bermuda Party or UBP [Grant GIBBONS];
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	44,270 (July 2005 est.)	64,935 (July 2004 est.)
Population below poverty line	NA (2002 est.)	19% (2000)
Population growth rate	2.64% (2005 est.)	0.68% (2004 est.)
Ports and harbors	Cayman Brac, George Town	Hamilton, Saint George's, Dockyard
Radio broadcast stations	AM 1, FM 4, shortwave 0 (2004)	AM 5, FM 3, shortwave 0 (1998)
Religions	United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic	non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19%
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: 0.89 male(s)/female total population: 0.96 male(s)/female (2005 est.)	at birth: 1.02 male(s)/female under 15 years: 1 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 (2004 est.)
Suffrage	18 years of age; universal	18 years of age; universal
Telephone system	general assessment: reasonably good system domestic: liberalization of telecom market in 2003 reflected in falling prices and improving services international: country code - 1-345; 2 submarine fiber optic cables (Maya-1, Cayman-Jamaica); satellite earth station - 1 Intelsat (Atlantic Ocean)	general assessment: good domestic: modern, fully automatic telephone system international: country code - 1-441; 3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean)
Telephones - main lines in use	38,000 (2002)	56,000 (2002)
Telephones - mobile cellular	17,000 (2002)	37,873 (2003)
Television broadcast stations	4 with cable system (2004)	4 (2003)
Terrain	low-lying limestone base surrounded by coral reefs	low hills separated by fertile depressions
Total fertility rate	1.9 children born/woman (2005 est.)	1.9 children born/woman (2004 est.)
Unemployment rate	4.1% (1997)	5% (2002 est.)

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