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capital: hamilton

administrative divisions: 9 parishes and 2 municipalities*; devonshire. hamilton. hamilton*. paget. pembroke. saint george*. saint george's. sandys. smith's. southampton. warwick

independence: none (overseas territory of the uk)

national holiday: bermuda day. 24 may

constitution: 8 june 1968; amended 1989 and 2003

legal system: english law

suffrage: 18 years of age; universal

executive branch: 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

legislative branch: 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

judicial branch: supreme court; court of appeal; magistrate courts

political parties and leaders: progressive labor party or plp [william alexander scott]; united bermuda party or ubp [grant gibbons]

political pressure groups and leaders: 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]

international organization participation: caricom (associate). icftu. interpol (subbureau). ioc. upu. wco

diplomatic representation in the us: none (overseas territory of the uk)

diplomatic representation from the us: 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

flag description: 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

economy - overview: 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 in 2002-05. 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.

gdp (purchasing power parity): $2.33 billion (2003 est.)

gdp (official exchange rate): na

gdp - real growth rate: 2% (2003 est.)

gdp - per capita: purchasing power parity - $36.000 (2003 est.)

gdp - composition by sector: agriculture: 1% industry: 10% services: 89% (2002 est.)

labor force: 37.470 (2000)

labor force - by occupation: agriculture and fishing 3%. laborers 17%. clerical 22%. professional and technical 17%. administrative and managerial 13%. sales 8%. services 20% (2000 est.)

unemployment rate: 5% (2002 est.)

population below poverty line: 19% (2000)

household income or consumption by percentage share: lowest 10%: na highest 10%: na

inflation rate (consumer prices): 3.3% (mid-2003 est.)

budget: revenues: $671.1 million expenditures: $594.6 million. including capital expenditures of $55 million (fy03/04)

agriculture - products: bananas. vegetables. citrus. flowers; dairy products

industries: tourism. international business. light manufacturing

industrial production growth rate: na%

electricity - production: 624 million kwh (2003)

electricity - production by source: fossil fuel: 100% hydro: 0% nuclear: 0% other: 0% (2001)

electricity - consumption: 580.3 million kwh (2003)

electricity - exports: 0 kwh (2003)

electricity - imports: 0 kwh (2003)

oil - production: 0 bbl/day (2003)

oil - consumption: 4.000 bbl/day (2003 est.)

oil - exports: na (2001)

oil - imports: na (2001)

exports: $1.469 billion (2004 est.)

exports - partners: france 73.2%. uk 6.2%. spain 2.4% (2004)

imports: $8.078 billion (2004 est.)

imports - partners: kazakhstan 39.2%. france 16.2%. japan 13.1%. italy 9.2%. south korea 8.8%. us 6.4% (2004)

debt - external: $160 million (fy99/00)

economic aid - recipient: na

currency (code): bermudian dollar (bmd)

currency code: bmd

exchange rates: bermudian dollar per us dollar - 1.0000 (fixed rate pegged to the us dollar)

fiscal year: 1 april - 31 march

telephones - main lines in use: 56.000 (2002)

telephones - mobile cellular: 37.873 (2003)

telephone system: general assessment: good domestic: fully automatic digital telephone system; fiber optic trunk lines international: country code - 1-441; submarine cables - 3 (fiber optic); satellite earth stations - 3 (2005)

radio broadcast stations: am 5. fm 3. shortwave 0 (2004)

radios: 82.000 (1997)

television broadcast stations: 4 (2004)

televisions: 66.000 (1997)

internet country code: .bm

internet hosts: 5.161 (2001)

internet service providers (isps): 20 (2000)

internet users: 34.500 (2003)

airports: 1 (2004 est.)

airports - with paved runways: total: 1 2.438 to 3.047 m: 1 (2005 est.)

roadways: total: 447 km paved: 447 km note: public roads - 225 km; private roads - 222 km (2002)

merchant marine: 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 and terminals: hamilton. saint george

military branches: bermuda regiment

military expenditures - dollar figure: $4.03 million (2001)

military expenditures - percent of gdp: 0.11% (fy00/01)

military - note: defense is the responsibility of the uk

disputes - international: none

 

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