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long form: none conventional short form : Bermuda
Data code: BD
Dependency status: dependent territory of the UK
Government type: NA
National capital: Hamilton
Administrative divisions: 9 parishes and 2 municipalities*;
Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint
Georges, Sandys, Smiths, Southampton, Warwick
Independence: none (dependent territory of the UK)
National holiday: Bermuda Day, 24 May
Constitution: 8 June 1968
Legal system: English law
Suffrage: 18 years of age; universal
Executive branch: chief of state: Queen ELIZABETH II of the UK (since 6 February 1952), represented by Governor John MASEFIELD (since June 1997) head of government: Premier Pamela GORDON (since 25 March 1997); Deputy Premier Jerome DILL (since 1 September 1995) cabinet: Cabinet nominated by the premier, appointed by the governor elections: none; the queen is a hereditary monarch; governor appointed by the queen; premier appointed by the governor
Legislative branch: bicameral Parliament consists of the Senate (an 11-member body appointed by the governor) and the House of Assembly (40 seats; members are elected by popular vote to serve five-year terms) elections: last held 5 October 1993 (next to be held by NA October 1998) election results : percent of vote by party - UBP 50%, PLP 46%, independents 4%; seats by party - UBP 22, PLP 18
Judicial branch: Supreme Court
Political parties and leaders: United Bermuda Party or UBP [Pamela
GORDON]; Progressive Labor Party or PLP [Jennifer SMITH]; National
Liberal Party or NLP [Charles JEFFERS]
Political pressure groups and leaders: Bermuda Industrial Union or BIU
[Derrick BURGESS]
International organization participation: Caricom (observer), CCC,
ICFTU, Interpol (subbureau), IOC
Diplomatic representation in the US: none (dependent territory of the
UK)
Diplomatic representation from the US: chief of mission: Consul General Robert A. FARMER consulate(s) general: Crown Hill, 16 Middle Road, Devonshire, Hamilton mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, Department of State, Washington, DC 20521–5300 telephone: [1] (441) 295–1342 FAX: [1] (441) 295–1592
Flag description: red with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and blue 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
Economy
Economy - overview: Bermuda enjoys one of the highest per capita incomes in the world, having successfully exploited its location by providing financial services for international firms and luxury tourist facilities for 200,000 visitors annually. The tourist industry attracts 91% of its business from North America. The industrial sector is small, and agriculture is severely limited by a lack of suitable land. About 80% of food needs are imported. International business contributes over 60% of Bermuda's economic output; a failed independence vote in late 1995 can be partially attributed to Bermudian's fear of scaring away foreign firms.
GDP: purchasing power parity - $1.8 billion (1996 est.)
GDP - real growth rate: 2.4% (1996 est.)
GDP - per capita: purchasing power parity - $29,000 (1996 est.)
GDP - composition by sector: agriculture: NA% industry: NA% services: NA%
Inflation rate - consumer price index: 2.5% (1996 est.)
Labor force: total: 34,133 by occupation: clerical 23%, services 23%, laborers 17%, professional and technical 16%, administrative and managerial 12%, sales 7%, agriculture and fishing 2% (1995)
Unemployment rate: NEGL% (1995)
Budget: revenues: $406.2 million expenditures : $405.9 million, including capital expenditures of $34.5 million (FY94/95 est.)
Industries: tourism, finance, insurance, structural concrete products, paints, perfumes, pharmaceuticals, ship repairing
Industrial production growth rate: NA%
Electricity - capacity: 145,000 kW (1996)
Electricity - production: 527,526,728 kWh (1996)
Electricity - consumption per capita: 7,856 kWh (1996)
Agriculture - products: bananas, vegetables, citrus, flowers; dairy products
Exports: total value: $54 million (f.o.b., 1995) commodities: semitropical produce, light manufactures, reexports of pharmaceuticals partners : Netherlands 50%, Brazil 13%, Canada 6% (1996)
Imports: total value: $550 million (f.o.b., 1995) commodities: miscellaneous manufactured articles, machinery and transport equipment, food and live animals, chemicals partners: US 73%, UK 5%, Canada 5% (1995 est.)
Debt - external: $NA
Economic aid: $NA
Currency: 1 Bermudian dollar (Bd$) = 100 cents
Exchange rates: Bermudian dollar (Bd$) per US$1 - 1.0000 (February 1997; fixed rate)
Fiscal year: 1 April - 31 March
@Bermuda:Communications
Telephones: 54,000 (1991 est.)
Telephone system: domestic : modern, fully automatic telephone system international: 3 submarine cables; satellite earth stations - 2 Intelsat (Atlantic Ocean)
Radio broadcast stations: AM 5, FM 3, shortwave 0
Radios: 78,000 (1992 est.)
Television broadcast stations: 3
Televisions: 57,000 (1992 est.)
@Bermuda:Transportation
Railways: 0 km
Highways: total : 225 km paved: 225 km unpaved : 0 km (1997 est.) note: in addition, there are 400 km of paved and unpaved roads that are privately owned
Ports and harbors: Hamilton, Saint George
Merchant marine: total: 76 ships (1,000 GRT or over) totaling 3,416,667 GRT/5,163,435 DWT ships by type: bulk 9, cargo 1, container 15, liquefied gas tanker 14, oil tanker 16, refrigerated cargo 12, roll-on/roll-off cargo 4, short-sea passenger 2, specialized tanker 1, vehicle carrier 1, livestock carrier 1 note: a flag of convenience registry; includes ships from 11 countries among which are UK 26, Canada 12, US 9, Norway 7, Hong Kong 4, Nigeria 4, Sweden 4, Switzerland 2, Mexico 1, and Romania 1; Bermuda owns 48 additional ships (1,000 GRT or over) totaling 5,911,678 DWT that operate under Australian, Bahamian, Hong Kong, Liberian, Panamanian and Singaporean registry (1996 est.)
Airports: 1 (1996 est.)
Airports - with paved runways: total: 1 2,438 to 3,047 m : 1 (1996 est.)
Military
Military branches: Bermuda Regiment, Bermuda Police Force, Bermuda
Reserve Constabulary
Military expenditures - dollar figure: $NA
Military expenditures - percent of GDP: NA%
Military - note: defense is the responsibility of the UK
Transnational Issues
Disputes - international: none ______________________________________________________________________
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