Bermuda



Official Country Name
Bermuda

Bermuda Overview
Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Tourism to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. Bermuda has developed into a highly successful offshore financial center. Although a referendum on independence from the UK was soundly defeated in 1995, the present government has reopened debate on the issue.

Bermuda Economy
Bermuda enjoys the highest per capita income in the world, more than 50% higher than that of the US. Its economy is primarily based on providing financial services for international business and luxury facilities for tourists. A number of reinsurance companies relocated to the island following 11 September 2001 and again after Hurricane Katrina, contributing to the expansion of an already robust international business sector. Bermuda's tourism industry - which derives over 80% of its visitors from the US - continues to struggle but remains the island's number two industry. 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 with only 20% of the land being arable.

Bermuda Location
Bermuda is located in North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)

Region
Bermuda is located in North America

Bermuda Population
Bermuda has population of 65,773 (July 2006 est.)

Bermuda Climate
Bermuda has subtropical; mild, humid; gales, strong winds common in winter

Bermuda Terrain
low hills separated by fertile depressions

Bermuda Natural Resources
limestone, pleasant climate fostering tourism

Ethnic Groups in Bermuda
Bermuda has the following ethnic groups - black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census)

Bermuda Religions
Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census)

Bermuda Languages
English (official), Portuguese

Bermuda Capital
Bermuda capital is Hamilton

Bermuda Currency
Bermuda currency is Bermudian dollar

Map of Bermuda