The 1992 CIA World Factbook. United States. Central Intelligence Agency
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Middle Road, Devonshire, Hamilton (mailing address is 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.
GDP:
purchasing power equivalent - $1.3 billion, per capita $22,400; real growth
rate 2.0% (1989 est.)
Inflation rate (consumer prices):
5.8% (June 1989, annual rate)
Unemployment rate:
2.0% (1988)
Budget:
revenues $361.6 million; expenditures $396.1 million, including capital
expenditures of $74.1 million (FY91 est.)
Exports:
$30 million (f.o.b., FY88)
commodities:
semitropical produce, light manufactures
partners:
US 25%, Italy 25%, UK 14%, Canada 5%, other 31%
Imports:
$420 million (c.i.f., FY88)
commodities:
fuel, foodstuffs, machinery
partners:
US 58%, Netherlands Antilles 9%, UK 8%, Canada 6%, Japan 5%, other 14%
External debt:
NA
Industrial production:
growth rate NA%
Electricity:
154,000 kW capacity; 504 million kWh produced, 8,625 kWh per capita (1991)
Industries:
tourism, finance, structural concrete products, paints, pharmaceuticals,
ship repairing
Agriculture:
accounts for less than 1% of GDP; most basic foods must be imported;
produces bananas, vegetables, citrus fruits, flowers, dairy products
Economic aid:
US commitments, including Ex-Im (FY70-81), $34 million; Western (non-US)
countries, ODA and OOF bilateral commitments (1970-89), $277 million
Currency:
Bermudian dollar (plural - dollars); 1 Bermudian dollar (Bd$) = 100 cents
Exchange rates:
Bermudian dollar (Bd$) per US$1 - 1.0000 (fixed rate)
Fiscal year:
1 April - 31 March
:Bermuda Communications
Highways:
210 km public roads, all paved (about 400 km of private roads)
Ports:
Freeport, Hamilton, Saint George
Merchant marine:
73 ships (1,000 GRT or over) totaling 3,511,972 GRT/6,093,321 DWT; includes
4 cargo, 5 refrigerated cargo, 4 container, 7 roll-on/roll-off, 23 petroleum
tanker, 12 liquefied gas, 18 bulk; note - a flag of convenience registry
Civil air:
16 major transport aircraft
Airports:
1 with permanent-surface runways 2,440-3,659 m
Telecommunications:
modern with fully automatic telephone system; 52,670 telephones; broadcast
stations - 5 AM, 3 FM, 2 TV; 3 submarine cables; 2 Atlantic Ocean INTELSAT
earth stations
:Bermuda Defense Forces
Branches:
Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary
Note:
defense is the responsibility of the UK
:Bhutan Geography
Total area:
47,000 km2
Land area:
47,000 km2
Comparative area:
slightly more than half the size of Indiana
Land boundaries:
1,075 km; China 470 km, India 605 km
Coastline:
none - landlocked
Maritime claims:
none - landlocked
Disputes:
none
Climate:
varies; tropical in southern plains; cool winters and hot summers in central