form:Bermuda
Digraph:
BD
Type:
dependent territory of the UK
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, 22 May
Constitution:
8 June 1968
Legal system:
English law
Suffrage:
21 years of age; universal
Executive branch:
chief of state:
Queen ELIZABETH II (since 6 February 1952), represented by Governor
Lord David WADDINGTON (since 25 August 1992)
head of government:
Premier John William David SWAN (since NA January 1982); Deputy
Premier J. Irving PEARMAN (since 5 October 1993)
cabinet:
Cabinet; nominated by the premier, appointed by the governor
Legislative branch:
bicameral Parliament
Senate:
consists of an 11-member body appointed by the governor
House of Assembly:
elections last held 5 October 1993 (next to be held by NA October
1998); results - percent of vote by party NA; seats - (40 total) UBP
22, PLP 18
Judicial branch:
Supreme Court
Political parties and leaders:
United Bermuda Party (UBP), John W. D. SWAN; Progressive Labor Party
(PLP), Frederick WADE; National Liberal Party (NLP), Gilbert DARRELL
Other political or pressure groups:
Bermuda Industrial Union (BIU), Ottiwell SIMMONS
Member of:
CARICOM (observer), CCC, ICFTU, INTERPOL (subbureau), IOC
Diplomatic representation in US:
none (dependent territory of the UK)
US diplomatic representation:
chief of mission:
(vacant)
consulate general:
Crown Hill, 16 Middle Road, Devonshire, Hamilton
mailing address:
P. O. Box HM325, Hamilton HMBX; PSC 1002, FPO AE 09727–1002
telephone:
(809) 295–1342
FAX:
(809) 295–1592
Flag:
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
@Bermuda, Economy
Overview:
Bermuda enjoys one of the highest per capita incomes in the world,
having successfully exploited its location by providing luxury tourist
facilities and financial services. The tourist industry attracts more
than 90% 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.
National product:
GDP - exchange rate conversion - $1.63 billion (1992)
National product real growth rate:
−1.5% (1991)
National product per capita:
$27,100 (1992)
Inflation rate (consumer prices):
4.4% (1991)
Unemployment rate:
6% (1991)
Budget:
revenues:
$327.5 million
expenditures:
$308.9 million, including capital expenditures of $35.4 million (FY91
est.)
Exports:
$60 million (f.o.b., 1991)
commodities:
semitropical produce, light manufactures, re-exports of
pharmaceuticals
partners:
US 55%, UK 32%, Canada 11%, other 2%
Imports:
$468 million (f.o.b.,1991)
commodities:
fuel, foodstuffs, machinery
partners:
US 60%, UK 8%, Venezuela 7%, Canada 5%, Japan 5%, other 15%
