Internet country code [time series]

.bm

Internet users (Internet hosts) [time series]

5,161 (2001)

Internet users [time series]

34,500 (2003)

Broadcast media (Radio broadcast stations) [time series]

AM 5, FM 3, shortwave 0 (2004)

Telecommunication systems (Telephone system) [time series]

general assessment: good domestic: fully automatic digital telephone system; fiber optic trunk lines international: country code - 1-441; 3 fiber optic submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean)

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

56,000 (2002)

Telephones - mobile cellular [time series]

37,873 (2003)

Broadcast media (Television broadcast stations) [time series]

4 (2004)

Agricultural products (Agriculture - products) [time series]

bananas, vegetables, citrus, flowers; dairy products

Budget [time series]

revenues: $671.1 million expenditures: $594.6 million, including capital expenditures of $55 million (FY03/04)

Exchange rates (Currency (code)) [time series]

Bermudian dollar (BMD)

Debt - external [time series]

$160 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, nearly equal to that of the US. Its economy is 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 tourism industry - which derives over 80% of its visitors from the US - was severely hit as American tourists chose not to travel. Tourism rebounded somewhat in 2002-04. 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, only 20% of the land being arable.

Electricity - consumption [time series]

598 million kWh (2002)

Electricity - exports [time series]

0 kWh (2002)

Electricity - imports [time series]

0 kWh (2002)

Electricity - production [time series]

643 million kWh (2002)

Exchange rates [time series]

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

Exports [time series]

$879 million (2002)

Exports - commodities [time series]

reexports of pharmaceuticals

Exports - partners [time series]

France 73.2%, UK 6.2%, Spain 2.4% (2004)

Fiscal year [time series]

1 April - 31 March

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

$2.33 billion (2003 est.)

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

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

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

purchasing power parity - $36,000 (2003 est.)

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

2% (2003 est.)

Household income or consumption by percentage share [time series]

lowest 10%: NA highest 10%: NA

Imports [time series]

$5.523 billion (2002)

Imports - commodities [time series]

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

Imports - partners [time series]

Kazakhstan 39.2%, France 16.2%, Japan 13.1%, Italy 9.2%, South Korea 8.8%, US 6.4% (2004)

Industrial production growth rate [time series]

NA%

Industries [time series]

tourism, international business, light manufacturing

Inflation rate (consumer prices) [time series]

3.3% (mid-2003 est.)

Labor force [time series]

37,470 (2000)

Labor force - by occupation [time series]

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

Oil - consumption [time series]

4,000 bbl/day (2001 est.)

Oil - exports [time series]

NA

Oil - imports [time series]

NA

Oil - production [time series]

0 bbl/day (2001 est.)

Population below poverty line [time series]

19% (2000)

Unemployment rate [time series]

5% (2002 est.)

Area [time series]

total: 53.3 sq km land: 53.3 sq km water: 0 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 was leased by US Government from 1941 to 1995

Irrigated land [time series]

NA

Land boundaries [time series]

0 km

Land use [time series]

arable land: 20% permanent crops: 0% other: 80% (55% developed, 45% rural/open space) (2001)

Location [time series]

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

Map references [time series]

North America

Maritime claims [time series]

territorial sea: 12 nm exclusive fishing zone: 200 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 and 2003

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: Deputy Chief of Mission Antoinette BOECKER consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3 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 11 April 2002) head of government: Premier William Alexander SCOTT (since 24 July 2003); Deputy Premier Ewart BROWN 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 (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO, Egmont Group, Caribbean Financial Action Task Force

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 (36 seats; members are elected by popular vote to serve up to five-year terms) elections: last general election held 24 July 2003 (next to be held July 2008) election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, UBP 14

National holiday [time series]

Bermuda Day, 24 May

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

Progressive Labor Party or PLP [William Alexander SCOTT]; United Bermuda Party or UBP [Grant GIBBONS]

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 Union or BPSU [Ed BALL]; 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]

Bermuda Regiment

Military expenditures - dollar figure [time series]

$4.03 million (2001)

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

0.11% (FY00/01)

Age structure [time series]

0-14 years: 18.9% (male 6,177/female 6,154) 15-64 years: 69.2% (male 22,422/female 22,828) 65 years and over: 11.9% (male 3,378/female 4,406) (2005 est.)

Birth rate [time series]

11.6 births/1,000 population (2005 est.)

Death rate [time series]

7.63 deaths/1,000 population (2005 est.)

Ethnic groups [time series]

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

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]

total: 8.53 deaths/1,000 live births male: 10.14 deaths/1,000 live births female: 6.9 deaths/1,000 live births (2005 est.)

Languages [time series]

English (official), Portuguese

Life expectancy at birth [time series]

total population: 77.79 years male: 75.7 years female: 79.91 years (2005 est.)

Literacy [time series]

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

Median age [time series]

total: 39.76 years male: 38.78 years female: 40.58 years (2005 est.)

Nationality [time series]

noun: Bermudian(s) adjective: Bermudian

Net migration rate [time series]

2.45 migrant(s)/1,000 population (2005 est.)

Population [time series]

65,365 (July 2005 est.)

Population growth rate [time series]

0.64% (2005 est.)

Religions [time series]

Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census)

Sex ratio [time series]

at birth: 1.02 male(s)/female under 15 years: 1 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 (2005 est.)

Total fertility rate [time series]

1.89 children born/woman (2005 est.)

Disputes - international [time series]

none

Airports [time series]

1 (2004 est.)

Airports - with paved runways [time series]

total: 1 2,438 to 3,047 m: 1 (2004 est.)

Roadways (Highways) [time series]

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

Merchant marine [time series]

total: 108 ships (1,000 GRT or over) 4,845,326 GRT/6,501,782 DWT by type: bulk carrier 22, cargo 6, container 22, liquefied gas 13, passenger 13, passenger/cargo 6, petroleum tanker 8, refrigerated cargo 11, roll on/roll off 7 foreign-owned: 103 (Australia 2, Canada 20, Finland 2, Germany 1, Greece 1, Hong Kong 5, Indonesia 1, Nigeria 8, Norway 5, Sweden 9, Switzerland 2, United Kingdom 27, United States 20) registered in other countries: 1 (2005)

Ports (Ports and harbors) [time series]

Hamilton, Saint George