Bermuda
parliamentary democracy (Parliament)Independence none (overseas territory of the UK)
Bermuda as the 2017 edition of the CIA World Factbook published it: 141 fields, one of 36 editions from 1990 to 2025.
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Introduction
1 fieldBackground
Bermuda was first settled in 1609 by shipwrecked English colonists heading for Virginia. Self-governing since 1620, Bermuda is the oldest and most populous of the British overseas territories. Vacationing 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.
Geography
North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)
18 fieldsLand use
- agricultural land:
- 14.8%;
- arable land 14.8%;
- permanent crops 0%;
- permanent pasture 0%
- forest:
- 20%
- other:
- 65.2% (2011 est.)
Environment - current issues
- dense population and heavy vehicle traffic create serious pollution problems;
- water resources scarce (most obtained as rainwater or from wells);
- there is no sewage treatment on the island
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
People and Society
24 fieldsAge structuremale left, female right · (2017 est.)
Per 1,000 population(2017 est.)
Male · female
Ethnic groups(2010 est.)
Religions(2010 est.)
Sex ratio
- at birth:
- 1.02 male(s)/female
- 0-14 years:
- 1.02 male(s)/female
- 15-24 years:
- 1.01 male(s)/female
- 25-54 years:
- 1 male(s)/female
- 55-64 years:
- 0.89 male(s)/female
- 65 years and over:
- 0.73 male(s)/female
- total population:
- 0.94 male(s)/female (2016 est.)
Government
Parliamentary democracy (Parliament); Queen ELIZABETH II (since 6 February 1952); Premier David BURT (since 19 July 2017)
23 fieldsPresidential electionpercent of vote
Legislature, 36 seats, elected 18 July 2017one dot, one seat
Percent of vote
Country name
- conventional long form:
- none
- conventional short form:
- Bermuda
- former:
- Somers Islands
- etymology:
- the islands making up Bermuda are named after Juan de BERMUDEZ, an early 16th century Spanish sea captain and the first European explorer of the archipelago
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
National holiday
Bermuda Day, 24 May; note - formerly known as Victoria Day, Empire Day, and Commonwealth Day
Constitution
- several previous (dating to 1684);
- latest entered into force 8 June 1968;
- amended several times, last in 2012 (2017)
International law organization participation
has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt
Citizenship
- citizenship by birth:
- no
- citizenship by descent only:
- at least one parent must be a citizen of the UK
- dual citizenship recognized:
- yes
- residency requirement for naturalization:
- 10 years
Executive branch
- chief of state:
- Queen ELIZABETH II (since 6 February 1952); represented by Governor John RANKIN (since 5 December 2016)
- head of government:
- Premier David BURT (since 19 July 2017)
- cabinet:
- Cabinet nominated by the premier, appointed by the governor
- elections/appointments:
- the monarchy is hereditary;
- governor appointed by the monarch;
- following legislative elections, the leader of the majority party or majority coalition usually appointed premier by the governor
Legislative branch
- description:
- bicameral Parliament consists of the Senate (11 seats; 3 members appointed by the governor, 5 by the premier, and 3 by the opposition party; members serve 5-year terms) and the House of Assembly (36 seats; members directly elected in single-seat constituencies by simple majority vote to serve up to 5-year terms)
- elections:
- last held on 18 July 2017 (next to be held not later than 2022)
- election results:
- percent of vote by party - PLP 58.9%, OBA 40.6%, other 0.5%; seats by party - PLP 24, OBA 12
Judicial branch
- highest resident court(s):
- Court of Appeal (consists of the court president and at least 2 justices);
- Supreme Court (consists of the chief justice, 4 puisne judges, and 1 associate justice);
- note - the Judicial Committee of the Privy Council in London is the court of final appeal
- judge selection and term of office:
- Court of Appeal justice appointed by the governor;
- justice tenure by individual appointment;
- Supreme Court judges nominated by the Judicial and Legal Services Commission and appointed by the governor;
- judge tenure based on terms of appointment
- subordinate courts:
- commercial court (began in 2006); magistrates' courts
Political parties and leaders
One Bermuda Alliance or OBA [interim leader, Patricia GORDON-PAMPLIN]; Progressive Labor Party or PLP [David BURT]
Political pressure groups and leaders
- Association of Bermuda Insurers and Reinsurers or ABIR [Bradley KADING]
- Association of Bermuda International Companies or ABIC [Patrick TANNOCK]
- Bermuda Employers' Council [Keith JENSEN]
- Bermuda Industrial Union or BIU [Chris FURBERT]
- Bermuda Public Services Union or BPSU [Kevin GRANT, Edward G. BALL, Jr.]
- Bermuda Union of Teachers [Michael CHARLES]
International organization participation
Caricom (associate), ICC (NGOs), Interpol (subbureau), IOC, ITUC (NGOs), UPU, WCO
Diplomatic representation from the US
- chief of mission:
- Consul General Mary Ellen KOENIG (since 28 November 2015)
- 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
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 the 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
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)
Economy
Tourism accounts for about 5% of Bermuda's GDP, but a much larger share of employment.
35 fieldsGDP - composition, by sector of origin(2016 est.)
Trading partnersexports left, imports right
By end use% of GDP
Economy - overview
Tourism accounts for about 5% of Bermuda's GDP, but a much larger share of employment. Over 80% of its visitors come from the US. The sector struggled in the wake of the global recession of 2008-09. International business, which consists primarily of reinsurance and other financial services, is the real bedrock of Bermuda's economy, consistently accounting for about 85% of the island's GDP. Even this sector, however, has lost roughly 5,000 high-paying expatriate jobs since 2008, weighing heavily on household consumption and retail sales. Bermuda must import almost everything. Agriculture and industry are limited due to the small size of the island.
Bermuda's economy entered its seventh straight year of recession in 2015. Unemployment is 9%, public debt is growing and exceeds $2.3 billion, the government pension fund faces a $2.4 billion shortfall, and the economy has not attracted significant new foreign investment. Bermuda's FY15/16 budget projects a 12% larger deficit than FY14/15.
The government announced it would borrow $125 million in 2015 to meet current operating expenses. Still, Bermuda enjoys the fourth highest per capita income in the world, about 70% higher than that of the US.
Stock of narrow money
$3.374 billion (30 September 2014 est.) · $3.422 billion (31 December 2013 est.) note: figures do not include US dollars, which also circulate freely country comparison to the world: 114
Stock of broad money
$22.1 billion (30 September 2014 est.) · $25.1 billion (31 December 2013 est.) country comparison to the world: 86
Imports - commodities
clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals
Debt - external
$2.435 billion (2015 est.) · $1.4 billion (2012 est.) country comparison to the world: 147
Stock of direct foreign investment - at home
$2.641 billion (2014 est.) · $2.664 billion (2013 est.) country comparison to the world: 112
Stock of direct foreign investment - abroad
$889 million (2014 est.); $NA (2013 est.) country comparison to the world: 86
Exchange rates
Bermudian dollars (BMD) per US dollar - 1 (2016 est.) · 1 (2015 est.) · 1 (2014 est.) · 1 (2013 est.) · 1 (2012 est.)
Energy
24 fieldsElectrification% of population · (2016)
Installed generating capacity, 171,000 kW(2015 est.)
Carbon dioxide emissions from consumption of energy
600,000 Mt (2013 est.) country comparison to the world: 174
Communications
6 fieldsPer 100 inhabitants(July 2016 est.)
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, CBUS, and the Challenger Bermuda-1 (CB-1) submarine cables;
- satellite earth stations - 3 (2015)
Broadcast media
- 3 TV stations;
- cable and satellite TV subscription services are available;
- roughly 13 radio stations operating (2012)
Transportation
6 fieldsMerchant marine, 139 ships by type
Airports by runway lengthpaved only
Roadways
- total:
- 447 km
- paved:
- 447 km
note: 225 km public roads; 222 km private roads (2010)
country comparison to the world: 198
Military and Security
Bermuda Regiment (2012)
3 fieldsMilitary 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 subject to conscription;
- term of service is 38 months for volunteers or conscripts (2012)
Transnational Issues
1 fieldCite this entry
Central Intelligence Agency. “Bermuda.” The World Factbook 2017. Archived by The Factbook, thefactbook.org/bermuda/2017.