Communications
Broadcast media [time series]
3 TV stations; cable and satellite TV subscription services are available; roughly 13 radio stations operating (2012)
Internet country code [time series]
.bm
Internet users (Internet hosts) [time series]
20,040 (2012) country comparison to the world: 119
Internet users [time series]
54,000 (2009) country comparison to the world: 173
Telecommunication systems (Telephone system) [time series]
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 (2010)
Telephones - fixed lines (Telephones - main lines in use) [time series]
69,000 (2012) country comparison to the world: 156
Telephones - mobile cellular [time series]
91,000 (2012) country comparison to the world: 195
Economy
Agricultural products (Agriculture - products) [time series]
bananas, vegetables, citrus, flowers; dairy products, honey
Budget [time series]
revenues: $973.2 million expenditures: $1.115 billion (FY11/12)
Budget surplus (+) or deficit (-) [time series]
-2.5% of GDP (FY11/12 est.) country comparison to the world: 101
Debt - external [time series]
$1.4 billion (2012 est.) country comparison to the world: 151
Economic overview (Economy - overview) [time series]
Despite four years of recession and a public debt of $1.4 billion, Bermuda enjoys the fourth highest per capita income in the world, about 70% higher than that of the US. The average cost of a single-family home in 2012 was $1.1 million. Its economy is primarily based on international business and the provision of financial services to that sector, and to a lesser extent tourism. A number of reinsurance companies relocated to the island following the 11 September 2001 attacks on the US and again after Hurricanes Katrina, Rita, and Wilma in 2005, contributing to the expansion of an already robust international business sector. Bermuda's tourism industry - which derives over 80% of its visitors from the US - continues to struggle and has dropped in its relevant importance to the economy, although it is still important as a job creator. Bermuda must import almost everything. Agriculture is limited due to the small size of the island and Bermuda's industrial sector is small.
Exchange rates [time series]
Bermudian dollars (BMD) per US dollar - 1 (2013 est.) 1 (2012 est.)
Exports [time series]
$13 million (2013 est.) country comparison to the world: 209 $12 million (2012 est.)
Exports - commodities [time series]
reexports of pharmaceuticals
Exports - partners [time series]
Australia 17%, US 14.8%, Indonesia 12.6% (2012)
Fiscal year [time series]
1 April - 31 March
GDP (official exchange rate) [time series]
$5.6 billion (2011)
Real GDP (purchasing power parity) (GDP (purchasing power parity)) [time series]
$5.6 billion (2011 est.) country comparison to the world: 169 $5.803 billion (2010 est.)
GDP - composition, by end use [time series]
household consumption: 29.4% government consumption: 15% investment in fixed capital: 23.3% investment in inventories: 0% exports of goods and services: 64.8% imports of goods and services: -32.5% (2013 est.)
GDP - composition, by sector of origin [time series]
agriculture: 0.7% industry: 5.7% services: 93.5% (2013 est.)
Real GDP per capita (GDP - per capita (PPP)) [time series]
$86,000 (2011 est.) country comparison to the world: 4
Real GDP growth rate (GDP - real growth rate) [time series]
-3.5% (2011) country comparison to the world: 214
Household income or consumption by percentage share [time series]
lowest 10%: NA% highest 10%: NA%
Imports [time series]
$925 million (2013 est.) country comparison to the world: 179 $900 million (2012 est.)
Imports - commodities [time series]
clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals
Imports - partners [time series]
South Korea 46.2%, US 21%, Singapore 9.9%, China 7%, Turkmenistan 4.8% (2012)
Industrial production growth rate [time series]
1% (2013 est.) country comparison to the world: 149
Industries [time series]
international business, tourism, light manufacturing
Inflation rate (consumer prices) [time series]
1.8% (2013 est.) country comparison to the world: 56 2.4% (2012 est.)
Labor force [time series]
37,400 (2011) country comparison to the world: 200
Labor force - by occupation [time series]
agriculture and fishing: 3% laborers: 17% clerical: 19% professional and technical: 21% administrative and managerial: 15% sales: 7% services: 19% (2004 est.)
Market value of publicly traded shares [time series]
$1.487 billion (31 December 2012 est.) country comparison to the world: 95 $1.436 billion (31 December 2011) $1.535 billion (31 December 2010 est.)
Population below poverty line [time series]
11% (2008 est.)
Stock of direct foreign investment - abroad [time series]
$NA
Stock of direct foreign investment - at home [time series]
$NA
Taxes and other revenues [time series]
17.4% of GDP (FY11/12 est.) country comparison to the world: 178
Unemployment rate [time series]
8% (2012 est.) country comparison to the world: 87
Energy
Carbon dioxide emissions (Carbon dioxide emissions from consumption of energy) [time series]
776,900 Mt (2011 est.)
Crude oil - exports [time series]
0 bbl/day (2010 est.) country comparison to the world: 82
Crude oil - imports [time series]
0 bbl/day (2010 est.) country comparison to the world: 158
Crude oil - production [time series]
0 bbl/day (2012 est.) country comparison to the world: 152
Crude oil - proved reserves [time series]
0 bbl (1 January 2013 est.) country comparison to the world: 106
Electricity - consumption [time series]
638.4 million kWh (2010 est.) country comparison to the world: 163
Electricity - exports [time series]
0 kWh (2012 est.) country comparison to the world: 103
Electricity - from fossil fuels [time series]
98.2% of total installed capacity (2012 est.) country comparison to the world: 56
Electricity - from hydroelectric plants [time series]
0% of total installed capacity (2012 est.) country comparison to the world: 158
Electricity - from nuclear fuels [time series]
0% of total installed capacity (2012 est.) country comparison to the world: 46
Electricity - from other renewable sources [time series]
1.8% of total installed capacity country comparison to the world: 74 note: the Tynes Bay Waste Treatment Facility turns waste to electric energy (2012 est.)
Electricity - imports [time series]
0 kWh (2012 est.) country comparison to the world: 118
Electricity - installed generating capacity [time series]
165,000 kW (2011 est.) country comparison to the world: 162
Electricity - production [time series]
675 million kWh (2011 est.) country comparison to the world: 156
Natural gas - consumption [time series]
0 cu m (2012 est.) country comparison to the world: 120
Natural gas - exports [time series]
0 cu m (2012 est.) country comparison to the world: 63
Natural gas - imports [time series]
0 cu m (2012 est.) country comparison to the world: 158
Natural gas - production [time series]
0 cu m (2012 est.) country comparison to the world: 101
Natural gas - proved reserves [time series]
0 cu m (1 January 2013 est.) country comparison to the world: 112
Refined petroleum products - consumption [time series]
2,747 bbl/day (2012 est.) country comparison to the world: 185
Refined petroleum products - exports [time series]
0 bbl/day (2012 est.) country comparison to the world: 152
Refined petroleum products - imports [time series]
2,747 bbl/day (2012 est.) country comparison to the world: 173
Refined petroleum products - production [time series]
0 bbl/day (2012 est.) country comparison to the world: 121
Geography
total: 54 sq km country comparison to the world: 232 land: 54 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]
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 the US Government from 1941 to 1995
Irrigated land [time series]
NA
Land boundaries [time series]
0 km
Land use [time series]
arable land: 14.8% permanent crops: 0% other: 85.2% (55% developed, 45% rural/open space) (2011)
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
Government
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]
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
Constitution [time series]
several previous (dating to 1684); latest entered into force 8 June 1968; amended several times, last in 2003 (2013)
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 Robert SETTJE (since August 2012) 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
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 George FERGUSSON (since 23 May 2012) head of government: Premier Michael DUNKLEY (since 20 May 2014) cabinet: Cabinet nominated by the premier, appointed by the governor (For more information visit theWorld Leaders website) elections: the monarchy is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition 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 (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 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
Government type [time series]
parliamentary; self-governing territory
Independence [time series]
none (overseas territory of the UK)
International law organization participation [time series]
has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt
International organization participation [time series]
Caricom (associate), ICC (NGOs), Interpol (subbureau), IOC, ITUC (NGOs), UPU, WCO
Judicial branch [time series]
highest court(s): Court of Appeal (consists of the court president and 4 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 last resort 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 NA subordinate courts: commercial court (began in 2006); magistrates' courts
Legal system [time series]
English common law
Legislative branch [time series]
bicameral Parliament consists of the Senate (11 seats; members appointed by the governor, the premier, and the opposition to serve a five-year term) and the House of Assembly (36 seats; members are elected by popular vote to serve up to five-year terms) elections: last held on 17 December 2012 (next to be held not later than 2017) election results: percent of vote by party - OBA 51.7%, PLP 46.1%, other 2.2%; seats by party - OBA 19, PLP 17
National anthem(s) (National anthem) [time series]
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)
National holiday [time series]
Bermuda Day, 24 May
National symbol(s) [time series]
red lion
Political parties (Political parties and leaders) [time series]
Progressive Labor Party or PLP [Marc BEAN]; One Bermuda Alliance or OBA [Thad HOLLIS]
Political parties (Political pressure groups and leaders) [time series]
Association of Bermuda Insurers and Reinsurers or ABIR [Bradley KADING]; Association of Bermuda International Companies or ABIC [George HUTCHINGS]; Bermuda Employer's Council [Keith JENSEN]; Bermuda Industrial Union or BIU [Chris Furbert]; Bermuda Public Services Union or BPSU [Kevin GRANT and Ed BALL]; Bermuda Union of Teachers [Michael CHARLES]
Suffrage [time series]
18 years of age; universal
Introduction
Background [time series]
Bermuda was first settled in 1609 by shipwrecked English colonists headed 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.
Military
Manpower available for military service [time series]
males age 16-49: 15,081 (2010 est.)
Manpower fit for military service [time series]
males age 16-49: 12,323 females age 16-49: 12,174 (2010 est.)
Manpower reaching militarily significant age annually [time series]
male: 433 female: 410 (2010 est.)
Military - note [time series]
defense is the responsibility of the UK
Military and security forces (Military branches) [time series]
Bermuda Regiment (2012)
Military service age and obligation [time series]
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)
People and Society
Age structure [time series]
0-14 years: 17.5% (male 6,165/female 6,031) 15-24 years: 12.2% (male 4,275/female 4,267) 25-54 years: 39.3% (male 13,706/female 13,741) 55-64 years: 14.6% (male 4,813/female 5,368) 65 years and over: 16.4% (male 4,821/female 6,652) (2014 est.)
Birth rate [time series]
11.35 births/1,000 population (2014 est.) country comparison to the world: 173
Death rate [time series]
8.06 deaths/1,000 population (2014 est.) country comparison to the world: 97
Education expenditure (Education expenditures) [time series]
2.6% of GDP (2010) country comparison to the world: 151
Ethnic groups [time series]
black 53.8%, white 31%, mixed 7.5%, other 7.1%, unspecified 0.6% (2010 est.)
HIV/AIDS - adult prevalence rate [time series]
0.3% (2005 est.) country comparison to the world: 89
HIV/AIDS - deaths [time series]
392 (2005 est.) country comparison to the world: 99
HIV/AIDS - people living with HIV/AIDS [time series]
163 (2005 est.) country comparison to the world: 165
Infant mortality rate [time series]
total: 2.48 deaths/1,000 live births country comparison to the world: 222 male: 2.58 deaths/1,000 live births female: 2.37 deaths/1,000 live births (2014 est.)
Languages [time series]
English (official), Portuguese
Life expectancy at birth [time series]
total population: 81.04 years country comparison to the world: 23 male: 77.83 years female: 84.31 years (2014 est.)
Literacy [time series]
definition: age 15 and over can read and write total population: 98% male: 98% female: 99% (2005 est.)
Major urban areas - population [time series]
HAMILTON (capital) 11,000 (2011)
Median age [time series]
total: 42.9 years male: 41.1 years female: 44.6 years (2014 est.)
Nationality [time series]
noun: Bermudian(s) adjective: Bermudian
Net migration rate [time series]
1.92 migrant(s)/1,000 population (2014 est.) country comparison to the world: 49
Population [time series]
69,839 (July 2014 est.) country comparison to the world: 204
Population growth rate [time series]
0.52% (2014 est.) country comparison to the world: 154
Religions [time series]
Protestant 46.1% (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%, Bretheren 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.)
School life expectancy (primary to tertiary education) [time series]
total: 12 years male: 11 years female: 13 years (2011)
Sex ratio [time series]
at birth: 1.02 male(s)/female 0-14 years: 1.02 male(s)/female 15-24 years: 1 male(s)/female 25-54 years: 1 male(s)/female 55-64 years: 0.94 male(s)/female 65 years and over: 0.72 male(s)/female total population: 0.94 male(s)/female (2014 est.)
Total fertility rate [time series]
1.95 children born/woman (2014 est.) country comparison to the world: 133
Youth unemployment rate (ages 15-24) (Unemployment, youth ages 15-24) [time series]
total: 10.8% country comparison to the world: 106 male: 14.3% female: 7.6% (2000)
Urbanization [time series]
urban population: 100% of total population (2011) rate of urbanization: 0.19% annual rate of change (2010-15 est.)
Transnational Issues
Disputes - international [time series]
none
Transportation
Airports [time series]
1 (2013) country comparison to the world: 212
Airports - with paved runways [time series]
total: 1 2,438 to 3,047 m: 1 (2013)
Merchant marine [time series]
total: 139 country comparison to the world: 41 by type: bulk carrier 22, chemical tanker 3, container 14, liquefied gas 43, passenger 27, passenger/cargo 2, petroleum tanker 19, refrigerated cargo 9 foreign-owned: 105 (France 1, Germany 14, Greece 8, Hong Kong 4, Ireland 1, Israel 3, Japan 2, Monaco 2, Nigeria 11, Norway 5, Sweden 14, UK 14, US 26) registered in other countries: 241 (Bahamas 15, Cyprus 1, France 5, Greece 3, Hong Kong 20, Isle of Man 7, Liberia 4, Malta 15, Marshall Islands 35, Netherlands 1, Norway 24, Panama 27, Philippines 47, Saint Vincent and the Grenadines 1, Singapore 25, UK 6, US 5) (2010)
Ports (Ports and terminals) [time series]
major seaport(s): Hamilton, Ireland Island, Saint George
Roadways [time series]
total: 447 km country comparison to the world: 197 paved: 447 km note: 225 km public roads; 222 km private roads (2010)