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North America :: Bermuda
(overseas territory of the UK)
Page last updated on April 10, 2015
 
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Bermuda
  • Introduction :: BERMUDA

  • 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 :: BERMUDA

  • North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)
    32 20 N, 64 45 W
    North America
    total: 54 sq km
    land: 54 sq km
    water: 0 sq km
    country comparison to the world: 232
    about one-third the size of Washington, DC
    0 km
    103 km
    territorial sea: 12 nm
    exclusive fishing zone: 200 nm
    subtropical; mild, humid; gales, strong winds common in winter
    low hills separated by fertile depressions
    lowest point: Atlantic Ocean 0 m
    highest point: Town Hill 76 m
    limestone, pleasant climate fostering tourism
    arable land: 14.8%
    permanent crops: 0%
    other: 85.2% (55% developed, 45% rural/open space) (2012 est.)
    NA
    hurricanes (June to November)
    sustainable development
    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 :: BERMUDA

  • noun: Bermudian(s)
    adjective: Bermudian
    black 53.8%, white 31%, mixed 7.5%, other 7.1%, unspecified 0.6% (2010 est.)
    English (official), Portuguese
    Protestant 46.1% (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%, 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.)
    69,839 (July 2014 est.)
    country comparison to the world: 204
    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.)
    population pyramid:
    total: 42.9 years
    male: 41.1 years
    female: 44.6 years (2014 est.)
    0.52% (2014 est.)
    country comparison to the world: 154
    11.35 births/1,000 population (2014 est.)
    country comparison to the world: 173
    8.06 deaths/1,000 population (2014 est.)
    country comparison to the world: 97
    1.92 migrant(s)/1,000 population (2014 est.)
    country comparison to the world: 49
    urban population: 100% of total population (2014)
    rate of urbanization: 0.19% annual rate of change (2010-15 est.)
    HAMILTON (capital) 10,000 (2014)
    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: 2.48 deaths/1,000 live births
    male: 2.58 deaths/1,000 live births
    female: 2.37 deaths/1,000 live births (2014 est.)
    country comparison to the world: 221
    total population: 81.04 years
    male: 77.83 years
    female: 84.31 years (2014 est.)
    country comparison to the world: 23
    1.95 children born/woman (2014 est.)
    country comparison to the world: 132
    NA
    NA
    NA
    2.6% of GDP (2010)
    country comparison to the world: 151
    total: 12 years
    male: 11 years
    female: 13 years (2011)
  • Government :: BERMUDA

  • conventional long form: none
    conventional short form: Bermuda
    former: Somers Islands
    overseas territory of the UK
    parliamentary; self-governing territory
    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
    9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick
    none (overseas territory of the UK)
    Bermuda Day, 24 May
    several previous (dating to 1684); latest entered into force 8 June 1968; amended several times, last in 2003 (2013)
    English common law
    has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt
    18 years of age; universal
    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
    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
    description: bicameral Parliament consists of the Senate (11 seats; members appointed by the governor, the premier, and the opposition party to 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)
    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
    highest resident 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 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 NA
    subordinate courts: commercial court (began in 2006); magistrates' courts
    One Bermuda Alliance or OBA [Thad HOLLIS]
    Progressive Labor Party or PLP [Marc BEAN]
    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]
    Caricom (associate), ICC (NGOs), Interpol (subbureau), IOC, ITUC (NGOs), UPU, WCO
    none (overseas territory of the UK)
    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
    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
    red lion
    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 :: BERMUDA

  • 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.
    $5.6 billion (2011 est.)
    $5.803 billion (2010 est.)
    country comparison to the world: 172
    $5.6 billion (2011 est.)
    -3.5% (2011 est.)
    country comparison to the world: 215
    $86,000 (2011 est.)
    country comparison to the world: 5
    household consumption: 27.1%
    government consumption: 14.8%
    investment in fixed capital: 23.6%
    investment in inventories: 0%
    exports of goods and services: 66.5%
    imports of goods and services: -32%
    (2014 est.)
    agriculture: 0.7%
    industry: 5.2%
    services: 94.1% (2014 est.)
    bananas, vegetables, citrus, flowers; dairy products, honey
    international business, tourism, light manufacturing
    0.7% (2014 est.)
    country comparison to the world: 158
    37,400 (2011 est.)
    country comparison to the world: 200
    agriculture and fishing: 2%
    laborers: 15%
    clerical: 83%
    professional and technical: 21%
    administrative and managerial: 15%
    sales: 7%
    services: 19% (2013 est.)
    8% (2012 est.)
    country comparison to the world: 89
    11% (2008 est.)
    lowest 10%: NA%
    highest 10%: NA%
    revenues: $891.9 million
    expenditures: $1.112 billion (2014 est.)
    15.9% of GDP (2014 est.)
    country comparison to the world: 187
    -3.9% of GDP (2014 est.)
    country comparison to the world: 139
    1 April - 31 March
    2% (2014 est.)
    1.8% (2013 est.)
    $1.487 billion (31 December 2012 est.)
    $1.436 billion (31 December 2011)
    $1.535 billion (31 December 2010 est.)
    country comparison to the world: 103
    $14 million (2014 est.)
    $13 million (2013 est.)
    country comparison to the world: 210
    reexports of pharmaceuticals
    Indonesia 38.2%, US 8.7% (2013)
    $1.02 billion (2014 est.)
    $1.012 billion (2013 est.)
    country comparison to the world: 179
    clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals
    Germany 35.2%, South Korea 34.5%, US 11.5%, Singapore 7.6%, China 4.1% (2013)
    $1.4 billion (2012 est.)
    country comparison to the world: 155
    $NA
    $NA
    Bermudian dollars (BMD) per US dollar -
    1 (2014 est.)
    1 (2013 est.)
    1 (2012 est.)
  • Energy :: BERMUDA

  • 674 million kWh (2011 est.)
    country comparison to the world: 158
    626.8 million kWh (2011 est.)
    country comparison to the world: 166
    0 kWh (2013 est.)
    country comparison to the world: 106
    0 kWh (2013 est.)
    country comparison to the world: 119
    165,000 kW (2011 est.)
    country comparison to the world: 164
    98.2% of total installed capacity (2012 est.)
    country comparison to the world: 54
    0% of total installed capacity (2012 est.)
    country comparison to the world: 47
    0% of total installed capacity (2012 est.)
    country comparison to the world: 159
    1.8% of total installed capacity
    note: the Tynes Bay Waste Treatment Facility turns waste to electric energy (2012 est.)
    country comparison to the world: 80
    0 bbl/day (2013 est.)
    country comparison to the world: 153
    0 bbl (1 January 2014 est.)
    country comparison to the world: 107
    0 bbl/day (2012 est.)
    country comparison to the world: 121
    4,310 bbl/day (2013 est.)
    country comparison to the world: 173
    0 bbl/day (2012 est.)
    country comparison to the world: 152
    2,747 bbl/day (2012 est.)
    country comparison to the world: 173
    0 cu m (2012 est.)
    country comparison to the world: 103
    0 cu m (2012 est.)
    country comparison to the world: 119
    0 cu m (2012 est.)
    country comparison to the world: 60
    0 cu m (2012 est.)
    country comparison to the world: 158
    0 cu m (1 January 2014 est.)
    country comparison to the world: 111
    614,200 Mt (2012 est.)
  • Communications :: BERMUDA

  • 69,000 (2012)
    country comparison to the world: 155
    91,000 (2012)
    country comparison to the world: 195
    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)
    3 TV stations; cable and satellite TV subscription services are available; roughly 13 radio stations operating (2012)
    AM 5, FM 4, shortwave 1 (2009)
    3 (2005)
    .bm
    20,040 (2012)
    country comparison to the world: 119
    54,000 (2009)
    country comparison to the world: 169
  • Transportation :: BERMUDA

  • 1 (2013)
    country comparison to the world: 212
    total: 1
    2,438 to 3,047 m: 1 (2013)
    total: 447 km
    paved: 447 km
    note: 225 km public roads; 222 km private roads (2010)
    country comparison to the world: 198
    total: 139
    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)
    country comparison to the world: 41
    major seaport(s): Hamilton, Ireland Island, Saint George
  • Military :: BERMUDA

  • Bermuda Regiment (2012)
    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)
    males age 16-49: 15,081 (2010 est.)
    males age 16-49: 12,323
    females age 16-49: 12,174 (2010 est.)
    male: 433
    female: 410 (2010 est.)
    defense is the responsibility of the UK
  • Transnational Issues :: BERMUDA

  • none
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