Internet users (Internet Service Providers (ISPs)) [time series]

20 (2000)

Internet country code [time series]

.bm

Internet users [time series]

25,000 (2000)

Broadcast media (Radio broadcast stations) [time series]

AM 5, FM 3, shortwave 0 (1998)

Radios [time series]

82,000 (1997)

Telecommunication systems (Telephone system) [time series]

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

Telephones - fixed lines (Telephones - main lines in use) [time series]

52,000 (1997)

Telephones - mobile cellular [time series]

7,980 (1996)

Broadcast media (Television broadcast stations) [time series]

3 (1997)

Televisions [time series]

66,000 (1997)

Agricultural products (Agriculture - products) [time series]

bananas, vegetables, citrus, flowers; dairy products

Budget [time series]

revenues: $609.5 million expenditures: $574.6 million, including capital expenditures of $54.8 million (FY00/01)

Exchange rates (Currency) [time series]

Bermudian dollar (BMD)

Exchange rates (Currency code) [time series]

BMD

Debt - external [time series]

$145 million (FY99/00)

Economic aid (Economic aid - recipient) [time series]

$NA

Economic overview (Economy - overview) [time series]

Bermuda enjoys one of the highest per capita incomes in the world, with its economy primarily based on providing financial services for international business and luxury facilities for tourists. The effects of 11 September 2001 have had both positive and negative ramifications for Bermuda. On the positive side, a number of new reinsurance companies have located on the island, contributing to the expansion of an already robust international business sector. On the negative side, Bermuda's already weakening tourism industry - which derives over 80% of its visitors from the US - has been further hit as American tourists have chosen not to travel. Most capital equipment and food must be imported, with the US serving as the primary source of goods, followed by the UK. Bermuda's industrial sector is small, although construction continues to be important. Agriculture is limited, only 6% of the land being arable.

Electricity - consumption [time series]

553.35 million kWh (2000)

Electricity - exports [time series]

0 kWh (2000)

Electricity - imports [time series]

0 kWh (2000)

Electricity - production [time series]

595 million kWh (2000)

Electricity - production by source [time series]

fossil fuel: 100% hydro: 0% other: 0% (2000) nuclear: 0%

Exchange rates [time series]

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

Exports [time series]

$51 million (2000)

Exports - commodities [time series]

reexports of pharmaceuticals

Exports - partners [time series]

EU excluding UK 77.9%, US 9.8%, UK 6.9% (1999)

Fiscal year [time series]

1 April - 31 March

Real GDP (purchasing power parity) (GDP) [time series]

purchasing power parity - $2.2 billion (2001 est.)

GDP - composition, by sector of origin (GDP - composition by sector) [time series]

agriculture: 1% industry: 10% services: 89% (1995 est.)

Real GDP per capita (GDP - per capita) [time series]

purchasing power parity - $34,800 (2001 est.)

Real GDP growth rate (GDP - real growth rate) [time series]

2.9% (2001 est.)

Household income or consumption by percentage share [time series]

lowest 10%: NA% highest 10%: NA%

Imports [time series]

$719 million (2000)

Imports - commodities [time series]

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

Imports - partners [time series]

EU excluding UK 35.4%, US 17.8%, UK 15.4%, Russia 14.6% (1999)

Industrial production growth rate [time series]

NA%

Industries [time series]

tourism, international business, light manufacturing

Inflation rate (consumer prices) [time series]

3% (July 2001)

Labor force [time series]

37,472 (2000)

Labor force - by occupation [time series]

clerical 22%, services 20%, laborers 17%, professional and technical 17%, administrative and managerial 13%, sales 8%, agriculture and fishing 3% (2000 est.)

Population below poverty line [time series]

NA%

Unemployment rate [time series]

4.5% (1993)

Area [time series]

total: 53.3 sq km water: 0 sq km land: 53.3 sq km

Area - comparative [time series]

about one-third the size of Washington, DC

Climate [time series]

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

Coastline [time series]

103 km

Elevation (Elevation extremes) [time series]

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

Environment - current issues [time series]

asbestos disposal; water pollution; preservation of open space; sustainable development

Geographic coordinates [time series]

32 20 N, 64 45 W

Geography - note [time series]

consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land, reclaimed and otherwise, was leased by US Government from 1941 to 1995

Irrigated land [time series]

NA sq km

Land boundaries [time series]

0 km

Land use [time series]

arable land: 0% permanent crops: 0% other: 100% (55% developed, 45% rural/open space) (1998 est.)

Location [time series]

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

Map references [time series]

North America

Maritime claims [time series]

exclusive fishing zone: 200 NM territorial sea: 12 NM

Natural hazards [time series]

hurricanes (June to November)

Natural resources [time series]

limestone, pleasant climate fostering tourism

Terrain [time series]

low hills separated by fertile depressions

Administrative divisions [time series]

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

Capital [time series]

Hamilton

Constitution [time series]

8 June 1968, amended 1989

Country name [time series]

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

Dependency status [time series]

overseas territory of the UK

Diplomatic representation from the US [time series]

chief of mission: Consul General Denis Patrick COLEMAN, Jr. consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVQ3 mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, Department of State, 5300 Hamilton Place, Washington, DC 20520-5300 telephone: [1] (441) 295-1342 FAX: [1] (441) 295-1592, [1] (441) 296-9233

Diplomatic representation in the US [time series]

none (overseas territory of the UK)

Executive branch [time series]

chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Sir John VEREKER (since NA April 2002) 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; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor

Flag (Flag description) [time series]

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

Government type [time series]

parliamentary British overseas territory with internal self-government

Independence [time series]

none (overseas territory of the UK)

International organization participation [time series]

Caricom (observer), CCC, ICFTU, Interpol (subbureau), IOC

Judicial branch [time series]

Supreme Court; Court of Appeal; Magistrate Courts

Legal system [time series]

English law

Legislative branch [time series]

bicameral Parliament consists of the Senate (an 11-member body appointed by the governor, the premier, and the opposition) and the House of Assembly (40 seats; members are elected by popular vote to serve five-year terms) elections: last general election 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

National holiday [time series]

Bermuda Day, 24 May

Political parties (Political parties and leaders) [time series]

National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [Jennifer SMITH]; United Bermuda Party or UBP [Chairman Wayne FURBERT]

Political parties (Political pressure groups and leaders) [time series]

Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Association or BPSA [leader NA]; Bermuda Union of Teachers [Michael CHARLES]

Suffrage [time series]

18 years of age; universal

Background [time series]

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. A referendum on independence was soundly defeated in 1995.

Military - note [time series]

defense is the responsibility of the UK

Military and security forces (Military branches) [time series]

no regular indigenous military forces; Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary

Military expenditures - dollar figure [time series]

$4,027,970 (January 2002)

Military expenditures (Military expenditures - percent of GDP) [time series]

0.11% (FY00/01)

Age structure [time series]

0-14 years: 19.2% (male 6,058; female 6,225) 15-64 years: 69.4% (male 21,950; female 22,442) 65 years and over: 11.4% (male 3,163; female 4,122) (2002 est.)

Birth rate [time series]

11.82 births/1,000 population (2002 est.)

Death rate [time series]

7.49 deaths/1,000 population (2002 est.)

Ethnic groups [time series]

black 58%, white 36%, other 6%

HIV/AIDS - adult prevalence rate [time series]

NA%

HIV/AIDS - deaths [time series]

NA

HIV/AIDS - people living with HIV/AIDS [time series]

NA

Infant mortality rate [time series]

9.28 deaths/1,000 live births (2002 est.)

Languages [time series]

English (official), Portuguese

Life expectancy at birth [time series]

total population: 77.3 years female: 79.27 years (2002 est.) male: 75.21 years

Literacy [time series]

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

Nationality [time series]

noun: Bermudian(s) adjective: Bermudian

Net migration rate [time series]

2.61 migrant(s)/1,000 population (2002 est.)

Population [time series]

63,960 (July 2002 est.)

Population growth rate [time series]

0.69% (2002 est.)

Religions [time series]

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

Sex ratio [time series]

at birth: 0.94 male(s)/female under 15 years: 0.97 male(s)/female 15-64 years: 0.98 male(s)/female 65 years and over: 0.77 male(s)/female total population: 0.95 male(s)/female (2002 est.)

Total fertility rate [time series]

1.81 children born/woman (2002 est.)

Disputes - international [time series]

none

Airports [time series]

1 (2002)

Airports - with paved runways [time series]

total: 1 2,438 to 3,047 m: 1 (2002)

Roadways (Highways) [time series]

total: 450 km paved: 450 km note: public roads - 209 km; private roads - 241 km (2002) unpaved: 0 km

Merchant marine [time series]

total: 102 ships (1,000 GRT or over) totaling 5,485,450 GRT/8,782,869 DWT note: includes some foreign-owned ships registered here as a flag of convenience: Croatia 5, Denmark 2, Germany 1, Greece 1, Hong Kong 9, Indonesia 1, Norway 2, Sweden 11, United Kingdom 52, United States 13 (2002 est.) ships by type: bulk 28, cargo 4, container 16, liquefied gas 6, passenger 3, petroleum tanker 17, refrigerated cargo 16, roll on/roll off 9, short-sea passenger 3

Ports (Ports and harbors) [time series]

Hamilton, Saint George's, Dockyard

Railways [time series]

0 km

Waterways [time series]

none