Bermuda

Overseas Territory of the UK with limited self-governmentIndependence none (Overseas Territory of the UK)

Bermuda as the 2021 edition of the CIA World Factbook published it: 150 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
Area54 sq km
LocationNorth America, group of islands in the North Atlantic Ocean, east of South Carolina (US)
Populationas each edition published it
72,084 people July 2021 est. · 58,337 in 1990
Population growth% a year
0.36% 2021 est. · 0.78% in 1993
Median ageyears
43.6 years 2020 est. · 38.7 yrs in 2003
Life expectancyyears at birth
81.83 years 2021 est. · 75.03 yrs in 1993
Fertility ratechildren per woman
1.91 children per woman 2021 est. · 1.7 in 1990
Infant mortalitydeaths per 1,000 live births
2.21 deaths per 1,000 live births 2021 est. · 12 in 1990
GDP per capitaeach edition's own dollars
$81,800 2019 est. · $22,000 in 1993
GDP real growth% a year
-0.1% 2016 est. · -1.5% in 1993

Introduction

1 field

Background

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)

17 fields

Land useshare of 54 sq km

arable land 14.8% (2018 est.)permanent pasture 0% (2018 est.)forest 20% (2018 est.)other 65.2% (2018 est.)agricultural land 14.8% (2018 est.) in all · permanent crops 0% (2018 est.) in all
Area
54sq km
land: 54 sq kmwater: 0 sq kmabout one-third the size of Washington, DC
Coastline
103km
territorial sea: 12 nmexclusive economic zone: 200 nmexclusive fishing zone: 200 nm
Highest point
79m
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

Population distribution

relatively even population distribution throughout

Natural hazards

hurricanes (June to November)

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

30 fields

Age structuremale left, female right · (2020 est.)

6,032
65 and over19.74%
8,134
5,560
55-6416.37%
6,185
12,758
25-5435.31%
12,575
4,290
15-2411.88%
4,235
6,053
0-1416.7%
5,928
MaleFemaleDependency ratios: total dependency ratio: NA · youth dependency ratio: NA · elderly dependency ratio: NA · potential support ratio: NA
Population
72,084
(July 2021 est.)growth rate: 0.36% (2021 est.)

Per 1,000 population(2021 est.)

Birth
11.1Death
9.03Net migration
1.54

Male · female

TotalMale · femaleLife expectancy years (2021 est.)81.83
78.73 · 85.09Infant mortality deaths/1,000 live births (2021 est.)2.21
2.53 · 1.88Median age years (2020 est.)43.6
41.6 · 45.7
TotalMale · femaleSchool life expectancy years (2015)13
12 · 13Youth unemployment ages 15-24 (2014 est.)29.3%
29.7% · 29%
MaleFemale

Religions(2010 est.)

Protestant 46.2% (includes Anglican 15.8%, African Methodist Episcopal 8.6%, Seventh Day Adventist 6.7, Pentecostal 3.5%, Methodist 2.7%, Presbyterian 2.0%, Church of God 1.6%, Baptist 1.2%, Salvation Army 1.1%, Brethren 1.0%, other Protestant 2.0%)Roman Catholic 14.5%Jehovah's Witness 1.3%other Christian 9.1%Muslim 1%other 3.9%none 17.8%unspecified 6.2% (2010 est.)
Urban population
100%of total population
(2021)rate of urbanization: -0.2% annual rate of change (2020-25 est.)Major urban areas - population: 10,000 HAMILTON (capital) (2018)
Improved sanitation
100%of population
improved: urban: 100% of populationunimproved: urban: 0% of populationtotal: 0% of population (2017)

Nationality

noun:
Bermudian(s)
adjective:
Bermudian

Ethnic groups

African descent 52%, White 31%, mixed 9%, Asian 4, other 4% (2010 est.)

Languages

English (official), Portuguese

Population distribution

relatively even population distribution throughout

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:
1.01 male(s)/female
55-64 years:
0.9 male(s)/female
65 years and over:
0.74 male(s)/female
total population:
0.94 male(s)/female (2020 est.)

Total fertility rate

1.91 children born/woman (2021 est.)

Drinking water source

improved:
total: 100% of population
unimproved:
total: 0% of population (2017 est.)

Education expenditures

1.3% of GDP (2017)

Environment

6 fields

Land use(2018 est.)

arable land 14.8% (2018 est.)permanent pasture 0% (2018 est.)forest 20% (2018 est.)other 65.2% (2018 est.)agricultural land 14.8% (2018 est.) in all · permanent crops 0% (2018 est.) in all

Environment - current issues

  • dense population and heavy vehicle traffic create serious congestion and air pollution problems;
  • water resources scarce (most obtained as rainwater or from wells);
  • solid waste disposal;
  • hazardous waste disposal;
  • sewage disposal;
  • overfishing;
  • oil spills

Air pollutants

carbon dioxide emissions: 0.61 megatons (2016 est.)

Climate

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

Urbanization

urban population:
100% of total population (2021)
rate of urbanization:
-0.2% annual rate of change (2020-25 est.)

Waste and recycling

municipal solid waste generated annually:
82,000 tons (2012 est.)
municipal solid waste recycled annually:
1,640 tons (2012 est.)
percent of municipal solid waste recycled:
2% (2012 est.)

Government

Overseas Territory of the UK with limited self-government; Queen ELIZABETH II (since 6 February 1952); Premier David BURT (since 19 July 2017)

22 fields

Presidential electionpercent of vote

62.1%
PLP 62.1%OBA 32.3%other 5.4%independent 0.2%

House of Assembly, 36 seatsone dot, one seat

PLP 30OBA 6

Percent of vote

PLP 62.1%OBA 32.3%other 5.4%independent 0.2%

Composition: NA

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

Government type

Overseas Territory of the UK with limited self-government; parliamentary democracy

Dependency status

overseas territory of the UK

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
etymology:
named after Henry HAMILTON (ca. 1734-1796) who served as governor of Bermuda from 1788-1794

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; note - formerly known as Victoria Day, Empire Day, and Commonwealth Day

Constitution

history:
several previous (dating to 1684); latest entered into force 8 June 1968 (Bermuda Constitution Order 1968)
amendments:
  • proposal procedure - NA;
  • passage by an Order in Council in the UK;
  • amended several times, last in 2012

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

Suffrage

18 years of age; universal

Executive branch

chief of state:
Queen ELIZABETH II (since 6 February 1952); represented by Governor Rena LALGIE (since 14 December 2020)
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:; 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); House of Assembly (36 seats; members directly elected in single-seat constituencies by simple majority vote to serve up to 5-year terms)
elections:
Senate - last appointments in August 2017 (next appointments in 2022); House of Assembly - last held on 1 October 2020 (next to be held not later than 2025)
election results:
Senate - composition - men 7, women 4, percent of women 36.4%;
  • House of Assembly - percent of vote by party - PLP 62.1%, OBA 32.3%, other 5.4%, independent 0.2%;
  • seats by party - PLP 30, OBA 6;
  • composition - NA

Judicial branch

highest courts:
  • 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

  • Free Democratic Movement or FDM (Marc BEAN)
  • One Bermuda Alliance or OBA (Craig CANNONIER)
  • Progressive Labor Party or PLP [Edward D. BURT]

International organization participation

Caricom (associate), ICC (NGOs), Interpol (subbureau), IOC, ITUC (NGOs), UPU, WCO

Diplomatic representation in the US

none (overseas territory of the UK)

Diplomatic representation from the US

chief of mission:
Consul General Karen GRISSETTE (since 6 July 2021)
embassy:
US Consulate Bermuda, 16 Middle Road, Devonshire, DV 03, Bermuda
mailing address:
5300 Hamilton Place, Washington, DC 20520-5300
telephone:
(441) 295-1342
FAX:
(441) 295-1592
email address and website:
[email protected]; https://bm.usconsulate.gov/
consulate(s) general:
16 Middle Road, Devonshire DV O3

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

32 fields
GDP, purchasing power parity
$5.23billion
note: data are in 2017 dollars (2019 est.) · $5.2 billion note: data are in 2017 dollars (2018 est.) · $5.227 billion (2017 est.)official exchange rate: $6.127 billion (2016 est.)
GDP per capita, PPP
$81,800
note: data are in 2017 dollars (2019 est.) · $81,400 note: data are in 2017 dollars (2018 est.) · $81,835 (2017 est.)
Real growth rate
-0.1%
(2016 est.) · 0.6% (2015 est.) · -0.3% (2014 est.)industrial production growth: 2% (2017 est.)
Inflation, consumer prices
1.9%
(2017 est.) · 1.4% (2016 est.)

GDP - composition, by sector of origin(2017 est.)

agriculture 0.9% (2017 est.)industry 5.3% (2017 est.)services 93.8% (2017 est.)

Trading partnersexports left, imports right

49.1%
Jamaica
United States
44%
36.1%
Luxembourg
South Korea
17%
Germany
10%
Canada
8%
4.9%
US
Exports $1.59 billion note: data are in current year dollars (2019 est.)Imports $2.23 billion note: data are in current year dollars (2019 est.)(2017) · (2019)

By end use% of GDP · (2017 est.)

Household consumption
51.3%Government consumption
15.7%Fixed capital
13.7%Inventories
0%Exports
49.8%Imports
-30.4%

Budget(2017 est.)

Revenues
999.2 millionExpenditures
1.176 billion

Economic overview

International business, which consists primarily of insurance and other financial services, is the real bedrock of Bermuda's economy, consistently accounting for about 85% of the island's GDP. Tourism is the country’s second largest industry, accounting for about 5% of Bermuda's GDP but a much larger share of employment.

Over 80% of visitors come from the US and the sector struggled in the wake of the global recession of 2008-09. Even the financial sector 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 returned to negative growth in 2016, reporting a contraction of 0.1% GDP, after growing by 0.6% in 2015. Unemployment reached 7% in 2016 and 2017, public debt is growing and exceeds $2.4 billion, and the government continues to work on attracting foreign investment. Still, Bermuda enjoys one of the highest per capita incomes in the world.

Credit ratings

Fitch rating:
N/A (2015)
Moody's rating:
A2 (2016)

Standard & Poors rating: A+ (2015)

Agricultural products

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

Industries

international business, tourism, light manufacturing

Labor force

33,480 (2016 est.)

Labor force - by occupation

agriculture:
2%
industry:
13%
services:
85% (2016 est.)

Unemployment rate

7% (2017 est.) · 7% (2016 est.)

Unemployment, youth ages 15-24

total:
29.3%
male:
29.7%
female:
29% (2014 est.)

Budget surplus (+) or deficit (-)

-2.9% (of GDP) (2017 est.)

Public debt

43% of GDP (FY14/15)

Taxes and other revenues

16.3% (of GDP) (2017 est.)

Fiscal year

1 April - 31 March

Current account balance

$818.6 million (2017 est.) · $763 million (2016 est.)

Exports

$1.59 billion note: data are in current year dollars (2019 est.) · $1.59 billion note: data are in current year dollars (2018 est.)

Exports - commodities

re-exports of pharmaceuticals

Imports

$2.23 billion note: data are in current year dollars (2019 est.) · $2.2 billion note: data are in current year dollars (2018 est.)

Imports - commodities

ships, refined petroleum, postage stamps, recreational boats, aircraft (2019)

Debt - external

$2.515 billion (2017 est.) · $2.435 billion (2015 est.)

Exchange rates

Bermudian dollars (BMD) per US dollar - 1 (2020 est.) · 1 (2019 est.) · 1 (2018 est.) · 1 (2014 est.) · 1 (2013 est.)

Energy

23 fields

Electrification% of population · (2020)

100%Total

Installed generating capacity, 171,000 kW(2016 est.)

Fossil fuels 100% of total installed capacity (2016 est.)Nuclear fuels 0% · Hydroelectric plants 0% · Other renewable sources 0%
Electricity production
650 million (2016 est.)Electricity consumption
604.5 million (2016 est.)Refined petroleum imports
3,939 (2015 est.)Refined petroleum consumption
5,000 (2016 est.)

Crude oil - production

0 bbl/day (2018 est.)

Crude oil - exports

0 bbl/day (2015 est.)

Crude oil - imports

0 bbl/day (2015 est.)

Crude oil - proved reserves

0 bbl (1 January 2018 est.)

Natural gas - production

0 cu m (2017 est.)

Natural gas - consumption

0 cu m (2017 est.)

Natural gas - exports

0 cu m (2017 est.)

Natural gas - imports

0 cu m (2017 est.)

Natural gas - proved reserves

0 cu m (1 January 2014 est.)

Communications

7 fields

Per 100 inhabitants(2018–21 est.)

103.1Mobile cellular
98.37%Internet users, % of population
34.71Fixed lines
36.18Fixed broadband
Mobile cellular
64,997
(2018)
Internet users
61,200
(2021 est.)
Fixed lines
21,883
(2018)
Fixed broadband
21,883
(2018) · country code .bm

Telecommunication systems

general assessment:
  • a good, fully automatic digital telephone system with fiber-optic trunk lines;
  • telecom sector provides a relatively high contribution to overall GDP;
  • numerous competitors licensed, but small and localized;
  • telecom sector a growth area across the Caribbean (2020)
domestic:
the system has a high fixed-line teledensity 35 per 100, coupled with a mobile-cellular teledensity of roughly 103 per 100 persons (2019)
international:
  • country code - 1-441;
  • landing points for the GlobeNet, Gemini Bermuda, CBUS, and the CB-1 submarine cables to the Caribbean, South America and the US;
  • satellite earth stations - 3 (2019)

note: the COVID-19 pandemic continues to have a significant impact on production and supply chains globally; since 2020, some aspects of the telecom sector have experienced downturn, particularly in mobile device production;

many network operators delayed upgrades to infrastructure; progress towards 5G implementation was postponed or slowed in some countries; consumer spending on telecom services and devices was affected by large-scale job losses and the consequent restriction on disposable incomes;

the crucial nature of telecom services as a tool for work and school from home became evident, and received some support from governments

Broadcast media

  • 3 TV stations;
  • cable and satellite TV subscription services are available;
  • roughly 13 radio stations operating

Transportation

6 fields

Merchant marine, 147 ships by type(2021)

container ship 12oil tanker 18other 117

Airports by runway lengthpaved only

2,438 to 3,047 m
1

Airports

total: 1 (2020)

Roadways

total:
447 km (2010)
paved:
447 km (2010)

note: 225 km public roads; 222 km private roads

Ports and terminals

major seaport(s): Hamilton, Ireland Island, Saint George

Military and Security

5 fields

Personnel strengthsone square, 100 people · (2021)

the Royal Bermuda Regiment has 350the Royal Bermuda Regiment has about 350 troops (2021)

Military and security forces

Royal Bermuda Regiment; Bermuda Police Service (2021); note - t he Royal Bermuda Regiment is a reserve multi-role battalion that carries out two primary functions – providing military aid to civil authorities and humanitarian and disaster relief

Military equipment inventories and acquisitions

the Regiment is equipped with small arms (2021)

Military service age and obligation

  • females and males who are Commonwealth citizens and 18-45 years of age for voluntary enlistment in the Bermuda Regiment;
  • service is for a minimum period of three years and two months from the date of enlistment;
  • service can be extended only by volunteering or an executive order from the Governor;
  • annual training commitment is about 30 days a year, which includes a two-week camp, weekends, and drill nights (2021)

Military - note

defense is the responsibility of the UK

Transnational Issues

1 field

Cite this entry

Central Intelligence Agency. “Bermuda.” The World Factbook 2021. Archived by The Factbook, thefactbook.org/bermuda/2021.