Bermuda

parliamentaryIndependence none (overseas territory of the UK)

Bermuda as the 2008 edition of the CIA World Factbook published it: 120 fields, one of 36 editions from 1990 to 2025.

field in that editiontext changed from the edition beforenot in that editionthe open editionEach field below ends in its editions, 1990 to 2025. Point at a year above to follow it down.

CapitalHamilton, UTC-4
Position32 20 N, 64 45 W
Area53.3 sq km
LocationNorth America, group of islands in the North Atlantic Ocean, east of South Carolina (US)
Populationas each edition published it
66,536 people July 2008 est. · 58,337 in 1990
Population growth% a year
0.546% 2008 est. · 0.78% in 1993
Median ageyears
41 years 2008 est. · 38.7 yrs in 2003
Life expectancyyears at birth
78.3 years 2008 est. · 75.03 yrs in 1993
Fertility ratechildren per woman
1.88 children per woman 2008 est. · 1.7 in 1990
Infant mortalitydeaths per 1,000 live births
7.87 deaths per 1,000 live births 2008 est. · 12 in 1990
GDP per capitaeach edition's own dollars
$69,900 2004 est. · $22,000 in 1993
GDP real growth% a year
4.6% 2004 est. · -1.5% in 1993

Introduction

1 field

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 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.

Geography

North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)

17 fields

Land useshare of 53.3 sq km

arable land 20%permanent crops 0%other 80% (55% developed, 45% rural/open space) (2005)
Area
53.3sq km
land: 53.3 sq kmwater: 0 sq kmabout one-third the size of Washington, DC
Coastline
103km
land boundaries: 0 kmterritorial sea: 12 nmexclusive fishing zone: 200 nm
Highest point
76m
Town Hilllowest point: Atlantic Ocean 0 m

Location

North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)

Geographic coordinates

32 20 N, 64 45 W

Map references

North America

Climate

  • subtropical;
  • mild, humid;
  • gales, strong winds common in winter

Terrain

low hills separated by fertile depressions

Natural resources

limestone, pleasant climate fostering tourism

Natural hazards

hurricanes (June to November)

Environment - current issues

sustainable development

Geography - note

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

People

21 fields

Age structuremale left, female right · (2008 est.)

3,728
65 and over12.8%
4,815
22,795
15-6469.1%
23,189
6,055
0-1418%
5,954
MaleFemale
Population
66,536
(July 2008 est.)growth rate: 0.546% (2008 est.)

Per 1,000 population(2008 est.)

Birth
11.15Death
7.98Net migration
2.28

Male · female

TotalMale · femaleLife expectancy years (2008 est.)78.3
76.15 · 80.48Infant mortality deaths/1,000 live births (2008 est.)7.87
9.31 · 6.4Literacy (2005 est.)98%
98% · 99%
TotalMale · femaleMedian age years (2008 est.)41
40.1 · 41.8School life expectancy years (2005)13
13 · 14
MaleFemaleLiteracy definition: age 15 and over can read and write

Ethnic groups(2000 census)

black 54.8%white 34.1%mixed 6.4%other races 4.3%unspecified 0.4% (2000 census)

Religions(2000 census)

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:
1.02 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 (2008 est.)

Total fertility rate

1.88 children born/woman (2008 est.)

Nationality

noun:
Bermudian(s)
adjective:
Bermudian

Languages

English (official), Portuguese

Education expenditures

1.2% of GDP (2006)

Government

Parliamentary; Queen ELIZABETH II (since 6 February 1952); Premier Ewart BROWN (since 30 October 2006)

19 fields

Presidential electionpercent of vote

52.5%
PLP 52.5%UBP 47.3%last general election held 18 December 2007 (next to be held not later than 2012)

Legislature, 36 seatsone dot, one seat

PLP 22UBP 14

Percent of vote

PLP 52.5%UBP 47.3%

Country name

conventional long form:
none
conventional short form:
Bermuda
former:
Somers Islands

Dependency status

overseas territory of the UK

Government type

parliamentary; self-governing territory

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

Administrative divisions

9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick

Independence

none (overseas territory of the UK)

National holiday

Bermuda Day, 24 May

Constitution

8 June 1968; amended 1989 and 2003

Suffrage

18 years of age; universal

Executive branch

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:
  • 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

Legislative branch

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

Judicial branch

  • Supreme Court;
  • Court of Appeal;
  • Magistrate Courts

Political parties and leaders

Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [Kim SWAN]

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]

International organization participation

Caricom (associate), Interpol (subbureau), IOC, ITUC, UPU, WCO, WFTU

Diplomatic representation in the US

none (overseas territory of the UK)

Diplomatic representation from the US

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

Flag description

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

Economy

41 fields
GDP, purchasing power parity
$4.5billion
(2004 est.)official exchange rate: $NA
GDP per capita, PPP
$69,900
(2004 est.)
Real growth rate
4.6%
(2004 est.)industrial production growth: NA%
Inflation, consumer prices
2.8%
(November 2005)

GDP - composition by sector(2002 est.)

agriculture 1%industry 10%services 89% (2002 est.)

Trading partnersexports left, imports right

South Korea
36.4%
US
15.7%
13.8%
Spain
11.7%
Germany
13.2%
Italy
11.8%
8.8%
Switzerland
6.6%
Denmark
6%
UK
Exports $763 million (2006)Imports $1.162 billion (2006)(2007)

Budget

Revenues
$738 millionExpenditures
$665 million (FY04/05)

Electricity

Electricity production
675.6 million (2007 est.)Electricity consumption
619.8 million (2006 est.)

Economy - overview

Bermuda enjoys the third 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.

Labor force

38,360 (2004)

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.)

Unemployment rate

2.1% (2004 est.)

Agriculture - products

bananas, vegetables, citrus, flowers; dairy products, honey

Industries

international business, tourism, light manufacturing

Oil - production

0 bbl/day (2007 est.)

Oil - consumption

4,566 bbl/day (2006 est.)

Oil - exports

0 bbl/day (2005)

Oil - imports

4,378 bbl/day (2005)

Oil - proved reserves

0 bbl (1 January 2006 est.)

Natural gas - production

0 cu m (2007 est.)

Natural gas - consumption

0 cu m (2007 est.)

Natural gas - exports

0 cu m (2007 est.)

Natural gas - imports

0 cu m (2007 est.)

Natural gas - proved reserves

0 cu m (1 January 2006 est.)

Exports

$763 million (2006)

Exports - commodities

reexports of pharmaceuticals

Imports

$1.162 billion (2006)

Imports - commodities

clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals

Debt - external

$160 million (FY99/00)

Currency (code)

Bermudian dollar (BMD)

Exchange rates

Bermudian dollars (BMD) per US dollar - 1.0000 (fixed rate pegged to the US dollar)

Communications

8 fields
Mobile cellular
60,100
(2006)
Internet users
1,628
(2008)
Fixed lines
57,700
(2006) · country code .bm

Telephone system

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)

Radio broadcast stations

AM 5, FM 3, shortwave 0 (2005)

Internet users

48,000 (2007)

Transportation

5 fields

Merchant marine, 137 ships by type

bulk carrier 23chemical tanker 3container 22liquefied gas 33passenger 24passenger/cargo 5petroleum tanker 18refrigerated cargo 9foreign-owned: 115 (Australia 1, China 10, France 1, Germany 22, Greece 9, Hong Kong 4, Ireland 1, Israel 3, Japan 2, Nigeria 11, Norway 5, Sweden 20, UK 3, US 23) · registered in other countries: 50 (Bahamas 12, Marshall Islands 4, Philippines 34) (2008)

Airports by runway lengthpaved only

2,438 to 3,047 m
1

Airports

1 (2007)

Roadways

total:
447 km
paved:
447 km

note: public roads - 225 km; private roads - 222 km (2007)

Ports and terminals

Hamilton, Saint George

Military

Bermuda Regiment (2008)

7 fields
Military expenditures
0.11%of GDP
(2005 est.)

Military branches

Bermuda Regiment (2008)

Military service age and obligation

  • 18-23 years of age;
  • eligible men required to register for conscription as needed into the Bermuda Regiment, which is largely voluntary;
  • term of service 39 months (2007)

Manpower available for military service

males age 16-49: 15,623 (2008 est.)

Manpower fit for military service

males age 16-49: 12,682 (2008 est.)

Military - note

defense is the responsibility of the UK

Transnational Issues

1 field

Cite this entry

Central Intelligence Agency. “Bermuda.” The World Factbook 2008. Archived by The Factbook, thefactbook.org/bermuda/2008.