Country Summary

2022 population pyramid



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. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years.



total: 54 sq km

land: 54 sq km

water: 0 sq km


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

Natural resources

limestone, pleasant climate fostering tourism

People and Society


72,337 (2022 est.)

Ethnic groups

African descent 52%, White 31%, mixed 9%, Asian 4%, other 4% (2010 est.)


English (official), Portuguese


Protestant 46.2% (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%, Brethren 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.)

Population growth rate

0.34% (2022 est.)


Government type

Overseas Territory of the UK with limited self-government; parliamentary democracy


name: Hamilton

Executive branch

chief of state: King CHARLES III (since 8 September 2022); represented by Governor Rena LALGIE (since 14 December 2020)

head of government: Premier David BURT (since 19 July 2017)

Legislative branch

description: bicameral Parliament consists of:
Senate (11 seats; 3 members appointed by the governor, 5 by the premier, and 3 by the opposition party; members 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)
House of Assembly (36 seats; members directly elected in single-seat constituencies by simple majority vote to serve up to 5-year terms)


Economic overview

small, tourism- and construction-based, territorial-island economy; American import and tourist destination; known offshore banking hub; increasing inflation; major re-exportation and re-importation area

Real GDP (purchasing power parity)

$5.23 billion (2019 est.)

Real GDP per capita

$81,800 (2019 est.)

Agricultural products

bananas, vegetables, citrus, flowers; dairy products, honey


international business, tourism, light manufacturing


$1.59 billion (2019 est.)

Exports - partners

Jamaica 49.1%, Luxembourg 36.1%, US 4.9% (2017)

Exports - commodities

re-exports of pharmaceuticals


$2.23 billion (2019 est.)

Imports - partners

United States 44%, South Korea 17%, Germany 10%, Canada 8% (2019)

Imports - commodities

ships, refined petroleum, postage stamps, recreational boats, aircraft (2019)

Exchange rates

Bermudian dollars (BMD) per US dollar -

Page last updated: Wednesday, November 16, 2022