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CATEGORIES
◆ COMMUNICATIONS(7 fields)
Broadcast media
3 TV stations; cable and satellite TV subscription services are available; roughly 10 radio stations operating (2007)
Internet country code
.bm
Internet hosts
20,040 (2012) country comparison to the world: 119
Internet users
54,000 (2009) country comparison to the world: 173
Telephone system
general assessment: a good, fully automatic digital telephone system with fiber-optic trunk lines domestic: the system has a high fixed-line teledensity coupled with a mobile-cellular teledensity of roughly 125 per 100 persons international: country code - 1-441; landing points for the GlobeNet, Gemini Bermuda, and the Challenger Bermuda-1 (CB-1)submarine cables; satellite earth stations - 3 (2009)
Telephones - main lines in use
57,800 (2010) country comparison to the world: 160
Telephones - mobile cellular
88,200 (2010) country comparison to the world: 194
◆ ECONOMY(27 fields)
Agriculture - products
bananas, vegetables, citrus, flowers; dairy products, honey
Budget
revenues: $738 million expenditures: $665 million (FY04/05)
Debt - external
$160 million (FY99/00) country comparison to the world: 187
Economy - overview
Bermuda enjoys the fourth highest per capita income in the world, more than 50% higher than that of the US; the average cost of a house by the mid-2000s exceeded $1,000,000. 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 on the US 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 largely focused on construction and agriculture is limited, with only 20% of the land being arable.
Exchange rates
Bermudian dollars (BMD) per US dollar - 1 (2012) note: (2012 est.)
Exports
$15 million (2012 est.) country comparison to the world: 210 $16 million (2011 est.)
Exports - commodities
reexports of pharmaceuticals
Exports - partners
Germany 14%, US 11.7%, Australia 8% (2011)
Fiscal year
1 April - 31 March
GDP (official exchange rate)
$NA
GDP (purchasing power parity)
$4.5 billion (2004 est.) country comparison to the world: 170
GDP - composition by sector
agriculture: 0.7% industry: 7% services: 92.3% (2012 est.)
GDP - per capita (PPP)
$69,900 (2004 est.) country comparison to the world: 5
GDP - real growth rate
4.6% (2004 est.) country comparison to the world: 68
Household income or consumption by percentage share
lowest 10%: NA% highest 10%: NA%
Imports
$950 million (2012 est.) country comparison to the world: 177 $940 million (2011 est.)
Imports - commodities
clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals
Imports - partners
South Korea 43.4%, US 16.1%, China 9.6%, Norway 7.5%, Singapore 6.6% (2011)
Industrial production growth rate
NA%
Inflation rate (consumer prices)
2.7% (2012 est.) country comparison to the world: 60 2.7% (2011 est.)
Labor force
38,360 (2004) country comparison to the world: 200
Labor force - by occupation
agriculture and fishing: 3% laborers: 17% clerical: 19% professional and technical: 21% administrative and managerial: 15% sales: 7% services: 19% (2004 est.)
Market value of publicly traded shares
$1.436 billion (31 December 2011) country comparison to the world: 100 $1.535 billion (31 December 2010) $1.36 billion (31 December 2009)
Population below poverty line
19% (2000)
Stock of direct foreign investment - abroad
$NA
Stock of direct foreign investment - at home
$NA
Unemployment rate
2.1% (2004 est.) country comparison to the world: 16
◆ ENERGY(23 fields)
Carbon dioxide emissions from consumption of energy
812,800 Mt (2010 est.) country comparison to the world: 171
Crude oil - exports
0 bbl/day (2009 est.) country comparison to the world: 80
Crude oil - imports
0 bbl/day (2009 est.) country comparison to the world: 158
Crude oil - production
0 bbl/day (2011 est.) country comparison to the world: 109
Crude oil - proved reserves
0 bbl (1 January 2012 est.) country comparison to the world: 107
Electricity - consumption
645.2 million kWh (2009 est.) country comparison to the world: 163
Electricity - exports
0 kWh (2010 est.) country comparison to the world: 162
Electricity - from fossil fuels
100% of total installed capacity (2009 est.) country comparison to the world: 7
Electricity - from hydroelectric plants
0% of total installed capacity (2009 est.) country comparison to the world: 159
Electricity - from nuclear fuels
0% of total installed capacity (2009 est.) country comparison to the world: 47
Electricity - from other renewable sources
0% of total installed capacity (2009 est.) country comparison to the world: 109
Electricity - imports
0 kWh (2010 est.) country comparison to the world: 159
Electricity - installed generating capacity
165,000 kW (2009 est.) country comparison to the world: 157
Electricity - production
686.4 million kWh (2010 est.) country comparison to the world: 156
Natural gas - consumption
0 cu m (2010 est.) country comparison to the world: 119
Natural gas - exports
0 cu m (2010 est.) country comparison to the world: 158
Natural gas - imports
0 cu m (2010 est.) country comparison to the world: 159
Natural gas - production
0 cu m (2010 est.) country comparison to the world: 100
Natural gas - proved reserves
0 cu m (1 January 2012 est.) country comparison to the world: 111
Refined petroleum products - consumption
4,361 bbl/day (2011 est.) country comparison to the world: 175
Refined petroleum products - exports
0 bbl/day (2008 est.) country comparison to the world: 153
Refined petroleum products - imports
4,019 bbl/day (2008 est.) country comparison to the world: 164
Refined petroleum products - production
0 bbl/day (2008 est.) country comparison to the world: 124
◆ GEOGRAPHY(17 fields)
Area
total: 54 sq km country comparison to the world: 232 land: 54 sq km water: 0 sq km
Area - comparative
about one-third the size of Washington, DC
Climate
subtropical; mild, humid; gales, strong winds common in winter
Coastline
103 km
Elevation extremes
lowest point: Atlantic Ocean 0 m highest point: Town Hill 76 m
Environment - current issues
sustainable development
Geographic coordinates
32 20 N, 64 45 W
Geography - note
consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land was leased by the US Government from 1941 to 1995
Irrigated land
NA
Land boundaries
0 km
Land use
arable land: 20% permanent crops: 0% other: 80% (55% developed, 45% rural/open space) (2005)
Location
North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)
Map references
North America
Maritime claims
territorial sea: 12 nm exclusive fishing zone: 200 nm
Natural hazards
hurricanes (June to November)
Natural resources
limestone, pleasant climate fostering tourism
Terrain
low hills separated by fertile depressions
◆ GOVERNMENT(22 fields)
Administrative divisions
9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick
Capital
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
Constitution
8 June 1968; amended 1989 and 2003
Country name
conventional long form: none conventional short form: Bermuda former: Somers Islands
Dependency status
overseas territory of the UK
Diplomatic representation from the US
chief of mission: Consul General Grace W. SHELTON 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, 296-9233
Diplomatic representation in the US
none (overseas territory of the UK)
Executive branch
chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor George FERGUSSON (since 23 May 2012) head of government: Premier Craig CANNONIER (since 18 December 2012) cabinet: Cabinet nominated by the premier, appointed by the governor (For more information visit theWorld Leaders website) elections: the monarchy is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition usually appointed premier by the governor
Flag description
red, with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (a white shield with a red lion standing on a green grassy field holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag; it was the shipwreck of the vessel, filled with English colonists originally bound for Virginia, that led to settling of Bermuda note: the flag is unusual in that it is only British overseas territory that uses a red ensign, all others use blue
Government type
parliamentary; self-governing territory
Independence
none (overseas territory of the UK)
International law organization participation
has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt
International organization participation
Caricom (associate), ICC (NGOs), Interpol (subbureau), IOC, ITUC (NGOs), UPU, WCO
Judicial branch
Supreme Court (Chief Justice and other justices appointed by the governor; remain in office until they reach 65 years of age); Court of Appeal (President of the Court of Appeal and other justices appointed by the governor for a specific period laid out in their respective instruments of appointment); Magistrate Courts
Legal system
English common law
Legislative branch
bicameral Parliament consists of the Senate (11 seats; members appointed by the governor, the premier, and the opposition to serve a five-year term) 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 on 17 December 2012 (next to be held not later than 2017) election results: percent of vote by party - OBA 51.7%, PLP 46.1%; seats by party - OBA 19, PLP 17
National anthem
name: "Hail to Bermuda" lyrics/music: Bette JOHNS note: serves as a local anthem; as a territory of the United Kingdom, "God Save the Queen" is official (see United Kingdom)
National holiday
Bermuda Day, 24 May
National symbol(s)
red lion
Political parties and leaders
Progressive Labor Party or PLP [Marc BEAN]; One Bermuda Alliance or OBA [Thad HOLLIS]
Political pressure groups and leaders
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]
Suffrage
18 years of age; universal
◆ INTRODUCTION(1 fields)
Background
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 also developed into a highly successful offshore financial center. A referendum on independence from the UK was soundly defeated in 1995.
◆ MILITARY(7 fields)
Manpower available for military service
males age 16-49: 15,081 (2010 est.)
Manpower fit for military service
males age 16-49: 12,323 females age 16-49: 12,174 (2010 est.)
Manpower reaching militarily significant age annually
male: 433 female: 410 (2010 est.)
Military - note
defense is the responsibility of the UK
Military branches
Bermuda Regiment (2012)
Military expenditures
0.11% of GDP (2005 est.) country comparison to the world: 170
Military service age and obligation
18-45 years of age for voluntary male or female enlistment in the Bermuda Regiment; males must register at age 18 and may be subjectt to conscription; term of service is 38 months for volunteers or conscripts (2012)
◆ PEOPLE AND SOCIETY(23 fields)
Age structure
0-14 years: 17.8% (male 6,205/ female 6,079) 15-64 years: 66.7% (male 22,735/ female 23,350) 65 years and over: 15.5% (male 4,472/ female 6,239) (2012 est.)
Birth rate
11.42 births/1,000 population (2012 est.) country comparison to the world: 169
Death rate
7.74 deaths/1,000 population (July 2012 est.) country comparison to the world: 109
Education expenditures
2.6% of GDP (2009) country comparison to the world: 146
Ethnic groups
black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census)
HIV/AIDS - adult prevalence rate
0.3% (2005) country comparison to the world: 88
HIV/AIDS - deaths
392 (2005) country comparison to the world: 99
HIV/AIDS - people living with HIV/AIDS
163 (2005) country comparison to the world: 160
Infant mortality rate
total: 2.47 deaths/1,000 live births country comparison to the world: 221 male: 2.58 deaths/1,000 live births female: 2.36 deaths/1,000 live births (2012 est.)
Languages
English (official), Portuguese
Life expectancy at birth
total population: 80.82 years country comparison to the world: 22 male: 77.6 years female: 84.1 years (2012 est.)
Literacy
definition: age 15 and over can read and write total population: 98% male: 98% female: 99% (2005 est.)
Major cities - population
HAMILTON (capital) 12,000 (2009)
Median age
total: 42.3 years male: 40.7 years female: 43.9 years (2012 est.)
Nationality
noun: Bermudian(s) adjective: Bermudian
Net migration rate
2.04 migrant(s)/1,000 population (2012 est.) country comparison to the world: 37
Population
69,080 (July 2012 est.) country comparison to the world: 202
Population growth rate
0.572% (2012 est.) country comparison to the world: 145
Religions
Protestant 52% (Anglican 23%, African Methodist Episcopal 11%, other Protestant 18%), Roman Catholic 15%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census)
School life expectancy (primary to tertiary education)
total: 12 years male: 12 years female: 12 years (2006)
Sex ratio
at birth: 1.02 male(s)/female under 15 years: 1.02 male(s)/female 15-64 years: 0.97 male(s)/female 65 years and over: 0.72 male(s)/female total population: 0.94 male(s)/female (2011 est.)
Total fertility rate
1.97 children born/woman (2012 est.) country comparison to the world: 134
Urbanization
urban population: 100% of total population (2010) rate of urbanization: 0.2% annual rate of change (2010-15 est.)
◆ TRANSNATIONAL ISSUES(1 fields)
Disputes - international
none
◆ TRANSPORTATION(5 fields)
Airports
1 (2012) country comparison to the world: 219
Airports - with paved runways
total: 1 2,438 to 3,047 m: 1 (2012)
Merchant marine
total: 139 country comparison to the world: 41 by type: bulk carrier 22, chemical tanker 3, container 14, liquefied gas 43, passenger 27, passenger/cargo 2, petroleum tanker 19, refrigerated cargo 9 foreign-owned: 105 (France 1, Germany 14, Greece 8, Hong Kong 4, Ireland 1, Israel 3, Japan 2, Monaco 2, Nigeria 11, Norway 5, Sweden 14, UK 14, US 26) registered in other countries: 241 (Bahamas 15, Cyprus 1, France 5, Greece 3, Hong Kong 20, Isle of Man 7, Liberia 4, Malta 15, Marshall Islands 35, Netherlands 1, Norway 24, Panama 27, Philippines 47, Saint Vincent and the Grenadines 1, Singapore 25, UK 6, US 5) (2010)
Ports and terminals
Hamilton, Ireland Island, Saint George
Roadways
total: 447 km country comparison to the world: 197 paved: 447 km note: public roads - 225 km; private roads - 222 km (2007)