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Compare Cayman Islands (2005) - Bermuda (2008)

Compare Cayman Islands (2005) z Bermuda (2008)

 Cayman Islands (2005)Bermuda (2008)
 Cayman IslandsBermuda
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: 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.)
Agriculture - products vegetables, fruit; livestock, turtle farming bananas, vegetables, citrus, flowers; dairy products, honey
Airports 3 (2004 est.) 1 (2007)
Airports - with paved runways total: 2


1,524 to 2,437 m: 2 (2004 est.)
total: 1


2,438 to 3,047 m: 1 (2007)
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 12.92 births/1,000 population (2005 est.) 11.26 births/1,000 population (2007 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 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
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
Death rate 4.81 deaths/1,000 population (2005 est.) 7.84 deaths/1,000 population (2007 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 $90,000 (2004)
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 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.
Electricity - consumption 382.1 million kWh (2002) 574.8 million kWh (2005)
Electricity - exports 0 kWh (2002) 0 kWh (2005)
Electricity - imports 0 kWh (2002) 0 kWh (2005)
Electricity - production 410.8 million kWh (2002) 618 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: 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 Richard GOZNEY (since 12 December 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
Exports NA 0 bbl/day (2005)
Exports - commodities turtle products, manufactured consumer goods reexports of pharmaceuticals
Exports - partners mostly US Spain 35.3%, UK 15.7%, Brazil 9.1%, Sweden 7.5% (2006)
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 - 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.) -
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 4,250 bbl/day (2004)
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 US 71.8%, Venezuela 6.9%, Canada 6.6% (2006)
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: 8.19 deaths/1,000 live births


male: 9.39 deaths/1,000 live births


female: 6.97 deaths/1,000 live births (2005 est.)
total: 8.08 deaths/1,000 live births


male: 9.58 deaths/1,000 live births


female: 6.56 deaths/1,000 live births (2007 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), Interpol (subbureau), IOC, ITUC, 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 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 (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 18 December 2007 (next to be held not later than 2012)


election results: percent of vote by party - PLP 52.5%, UBP 47.3%; 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: 78.13 years


male: 76 years


female: 80.29 years (2007 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: 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: 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)
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; Bermuda Police Service, Bermuda Reserve Constabulary, Bermuda Regiment
Military expenditures - percent of GDP - 0.11% (2005 est.)
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.)
2.34 migrant(s)/1,000 population (2007 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 44,270 (July 2005 est.) 66,163 (July 2007 est.)
Population below poverty line NA (2002 est.) 19% (2000)
Population growth rate 2.64% (2005 est.) 0.576% (2007 est.)
Ports and harbors Cayman Brac, George Town -
Radio broadcast stations AM 1, FM 4, shortwave 0 (2004) 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: 0.89 male(s)/female


total population: 0.96 male(s)/female (2005 est.)
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.)
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: 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)
Telephones - main lines in use 38,000 (2002) 57,700 (2006)
Telephones - mobile cellular 17,000 (2002) 60,100 (2006)
Television broadcast stations 4 with cable system (2004) 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 (2005 est.) 1.88 children born/woman (2007 est.)
Unemployment rate 4.1% (1997) 2.1% (2004 est.)
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