Bermuda (overseas territory of the UK)

§1. Bermuda Introduction

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. Bermuda has developed into a highly
  successful offshore financial center. A referendum on independence was
  soundly defeated in 1995.

§2. Bermuda Geography

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

Geographic coordinates:
  32 20 N, 64 45 W

Map references:
  North America

Area:
  total: 58.8 kmē
  land: 58.8 kmē
  water: 0 kmē

Area - comparative:
  about 0.3 times the size of Washington, DC

Land boundaries:
  0 km

Coastline:
  103 km

Maritime claims:
  exclusive fishing zone: 200 NM territorial sea: 12 NM

Climate:
  subtropical; mild, humid; gales, strong winds common in winter

Terrain:
  low hills separated by fertile depressions

Elevation extremes:
  lowest point: Atlantic Ocean 0 m highest point: Town Hill 76 m

Natural resources:
  limestone, pleasant climate fostering tourism

Land use:
  arable land: 6%
  permanent crops: 0%
  permanent pastures: 0%
  forests and woodland: 0%
  other: 94% (55% developed, 39% rural/open space) (1997 est.)

Irrigated land:
  NA kmē

Natural hazards:
  hurricanes (June to November)

Environment - current issues:
  asbestos disposal; water pollution; preservation of open space

Geography - note:
  consists of about 360 small coral islands with ample rainfall, but no
  rivers or freshwater lakes; some land, reclaimed and otherwise, was leased
  by US Government from 1941 to 1995

§3. Bermuda People

Population:
  63,503 (July 2001 est.)

Age structure:
  0-14 years: 19.4% (male 6,091; female 6,230)
  15-64 years: 69.43% (male 21,783; female 22,309)
  65 years and over: 11.17% (male 3,073; female 4,017) (2001 est.)

Population growth rate:
  0.74% (2001 est.)

Birth rate:
  12.16 births/1,000 population (2001 est.)

Death rate:
  7.42 deaths/1,000 population (2001 est.)

Net migration rate:
  2.66 migrant(s)/1,000 population (2001 est.)

Sex ratio:
  at birth: 0.94 male(s)/female
  under 15 years: 0.98 male(s)/female
  15-64 years: 0.98 male(s)/female
  65 years and over: 0.76 male(s)/female
  total population: 0.95 male(s)/female (2001 est.)

Infant mortality rate:
  9.55 deaths/1,000 live births (2001 est.)

Life expectancy at birth:
  total population: 77.12 years male: 75.04 years
  female: 79.06 years (2001 est.)

Total fertility rate:
  1.81 children born/woman (2001 est.)

HIV/AIDS - adult prevalence rate:
  NA%

HIV/AIDS - people living with HIV/AIDS:
  NA

HIV/AIDS - deaths:
  NA

Nationality:
  noun: Bermudian(s)
  adjective: Bermudian

Ethnic groups:
  black 58%, white 36%, other 6%

Religions:
  non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19%

Languages:
  English (official), Portuguese

Literacy:
  definition: age 15 and over can read and write
  total population: 98%
  male: 98%
  female: 99% (1970 est.)

§4. Bermuda Government

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

Dependency status:
  overseas territory of the UK

Government type:
  parliamentary British overseas territory with internal self-government

Capital:
  Hamilton

Administrative divisions:
  9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget,
  Pembroke, Saint George*, Saint Georges, Sandys, Smiths, Southampton,
  Warwick

Independence:
  none (overseas territory of the UK)

National holiday:
  Bermuda Day, 24 May

Constitution:
  8 June 1968, amended 1989

Legal system:
  English law

Suffrage:
  18 years of age; universal

Executive branch:
  chief of state: Queen ELIZABETH II (since 6 February 1952), represented by
    Governor Thorold MASEFIELD (since NA June 1997)
  head of government: Premier Jennifer SMITH (since 10 November 1998)
  cabinet: Cabinet nominated by the premier, appointed by the governor
  elections: none; the monarch is hereditary; governor appointed by the
    monarch; governor invites leader of largest party in Parliament to form a
    government as premier

Legislative branch:
  bicameral Parliament consists of the Senate (an 11-member body appointed by
  the governor) and the House of Assembly (40 seats; members are elected by
  popular vote to serve five-year terms)
  elections: last held 9 November 1998 (next to be held NA November 2003)
  election results: percent of vote by party - PLP 54%, UBP 44%, NLP 1%,
    independents 1%; seats by party - PLP 26, UBP 14

Judicial branch:
  Supreme Court; Court of Appeal; Magistrate Courts

Political parties and leaders:
  National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party
  or PLP [Jennifer SMITH]; United Bermuda Party or UBP [Pamela GORDON]

Political pressure groups and leaders:
  Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services
  Association or BPSA [Betty CHRISTOPHER]

International organization participation:
  Caricom (observer), CCC, ICFTU, Interpol (subbureau), IOC

Diplomatic representation in the US:
  none (overseas territory of the UK)

Diplomatic representation from the US:
  chief of mission: Consul General Lawrence D. OWEN consulate(s) general:
    Crown Hill, 16 Middle Road, Devonshire, Hamilton
  mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General
    Hamilton, Department of State, Washington, DC 20520-5300
  telephone: [1] (441) 295-1342
  FAX: [1] (441) 295-1592

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

§5. Bermuda Economy

Economy - overview:
  Bermuda enjoys one of the highest per capita incomes in the world, having
  successfully exploited its location by providing financial services for
  international firms and luxury tourist facilities for 360,000 visitors
  annually. The tourist industry, which accounts for an estimated 28% of GDP,
  attracts 84% of its business from North America. The industrial sector is
  small, and agriculture is severely limited by a lack of suitable land.
  About 80% of food needs are imported. International business contributes
  over 60% of Bermuda's economic output; a failed independence vote in late
  1995 can be partially attributed to Bermudian fears of scaring away foreign
  firms. Government economic priorities are the further strengthening of the
  tourist and international financial sectors.

GDP:
  purchasing power parity - $2.1 billion (2000 est.)

GDP - real growth rate:
  1.5% (2000 est.)

GDP - per capita:
  purchasing power parity - $33,000 (2000 est.)

GDP - composition by sector:
  agriculture: 1% industry: 10%
  services: 89% (1995 est.)

Population below poverty line:
  NA%

Household income or consumption by percentage share:
  lowest 10%: NA% highest 10%: NA%

Inflation rate (consumer prices):
  2.7% (2000 est.)

Labor force:
  35,296 (1997)

Labor force - by occupation:
  clerical 23%, services 22%, laborers 17%, professional and technical 17%,
  administrative and managerial 12%, sales 7%, agriculture and fishing 2%
  (1996)

Unemployment rate:
  NEGL% (1995)

Budget:
  revenues: $504.6 million
  expenditures: $537 million, including capital expenditures of $75 million
    (FY97/98)

Industries:
  tourism, finance, insurance, structural concrete products, paints,
  perfumes, pharmaceuticals, ship repairing

Industrial production growth rate:
  NA%

Electricity - production:
  550 million kWh (1999)

Electricity - production by source:
  fossil fuel: 100% hydro: 0%
  nuclear: 0%
  other: 0% (1999)

Electricity - consumption:
  511.5 million kWh (1999)

Electricity - exports:
  0 kWh (1999)

Electricity - imports:
  0 kWh (1999)

Agriculture - products:
  bananas, vegetables, citrus, flowers; dairy products

Exports:
  $56 million (2000 est.)

Exports - commodities:
  reexports of pharmaceuticals

Exports - partners:
  UK 29.5%, US 9.8% (1997)

Imports:
  $739 million (2000 est.)

Imports - commodities:
  machinery and transport equipment, construction materials, chemicals, food
  and live animals

Imports - partners:
  US 34%, UK 9%, Mexico 8% (1997)

Debt - external:
  $NA

Economic aid - recipient:
  $27.9 million (1995)

Currency:
  Bermudian dollar (BMD)

Currency code:
  BMD

Exchange rates:
  Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US
  dollar)

Fiscal year:
  1 April - 31 March

§6. Bermuda Communications

Telephones - main lines in use:
  52,000 (1997)

Telephones - mobile cellular:
  7,980 (1996)

Telephone system:
  general assessment: NA domestic: modern, fully automatic telephone system
  international: 3 submarine cables; satellite earth stations - 3 Intelsat
    (Atlantic Ocean)

Radio broadcast stations:
  AM 5, FM 3, shortwave 0 (1998)

Radios:
  82,000 (1997)

Television broadcast stations:
  3 (1997)

Televisions:
  66,000 (1997)

Internet country code:
  .bm

Internet Service Providers (ISPs):
  20 (2000)

Internet users:
  25,000 (2000)

§7. Bermuda Transportation

Railways:
  0 km

Highways:
  total: 225 km
  paved: 225 km
  unpaved: 0 km
  note: in addition, there are 232 km of paved and unpaved roads that are
    privately owned (1997)

Waterways:
  none

Ports and harbors:
  Hamilton, Saint George

Merchant marine:
  total: 105 ships (1,000 GRT or over) totaling 5,836,538 GRT/9,728,045 DWT
  ships by type: bulk 27, cargo 4, container 15, liquefied gas 7, passenger
    2, petroleum tanker 23, refrigerated cargo 16, roll on/roll off 8,
    short-sea passenger 3
  note: includes some foreign-owned ships registered here as a flag of
    convenience: Canada 10, Hong Kong 10, Japan 1, Nigeria 4, Saudi Arabia 1,
    Sweden 3, Switzerland 2, UK 10, US 7 (2000 est.)

Airports:
  1 (2000 est.)

Airports - with paved runways:
  total: 1 2,438 to 3,047 m: 1 (2000 est.)

§8. Bermuda Military

Military branches:
  Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary

Military expenditures - dollar figure:
  $NA

Military expenditures - percent of GDP:
  NA%

Military - note:
  defense is the responsibility of the UK

§9. Bermuda Transnational Issues

Disputes - international:
  none
