Bermuda
Introduction
Background
Bermuda was first settled in 1609 by shipwrecked English colonists heading for Virginia. Self-governing since 1620, Bermuda is the oldest and most populous of the British Overseas Territories. Vacationing on the island to escape North American winters first developed in Victorian times. Tourism continues to be important for the island's economy, although international business has overtaken it in recent years as Bermuda has developed into a highly successful offshore financial center. A referendum on independence from the UK was soundly defeated in 1995.
Geography
Location
North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)
Geographic coordinates
32 20 N, 64 45 W
Map references
North America
Area
total
54 sq km
land
54 sq km
water
0 sq km
Area - comparative
about one-third the size of Washington, D.C.
Land boundaries
total
0 km
Coastline
103 km
Maritime claims
territorial sea
12 nm
exclusive economic zone
200 nm
exclusive fishing zone
200 nm
Climate
subtropical; mild, humid; gales, strong winds common in winter
Terrain
low hills separated by fertile depressions
Elevation
highest point
Town Hill 79 m
lowest point
Atlantic Ocean 0 m
Natural resources
limestone, pleasant climate fostering tourism
Land use
agricultural land
5.6% (2023 est.)
agricultural land: arable land
arable land: 5.6% (2023 est.)
agricultural land: permanent crops
permanent crops: 0% (2022 est.)
agricultural land: permanent pasture
permanent pasture: 0% (2022 est.)
forest
14.4% (2023 est.)
other
80% (2023 est.)
Irrigated land
NA
Population distribution
relatively even population distribution throughout
Natural hazards
hurricanes (June to November)
Geography - note
the archipelago consists of over 170 coral islands and islets with ample rainfall, as well as thousands of cays, but no rivers or freshwater lakes; some land was leased by the US Government from 1941 to 1995
People and Society
Population
total
72,800 (2024 est.)
male
35,401
female
37,399
Nationality
noun
Bermudian(s)
adjective
Bermudian
Ethnic groups
African descent 52%, White 31%, mixed 9%, Asian 4%, other 4% (2010 est.)
Languages
English (official), Portuguese
Religions
Protestant 46.2% (includes Anglican 15.8%, African Methodist Episcopal 8.6%, Seventh Day Adventist 6.7%, Pentecostal 3.5%, Methodist 2.7%, Presbyterian 2.0%, Church of God 1.6%, Baptist 1.2%, Salvation Army 1.1%, Brethren 1.0%, other Protestant 2.0%), Roman Catholic 14.5%, Jehovah's Witness 1.3%, other Christian 9.1%, Muslim 1%, other 3.9%, none 17.8%, unspecified 6.2% (2010 est.)
Age structure
0-14 years
16.4% (male 6,133/female 5,817)
15-64 years
60.9% (male 22,247/female 22,113)
65 years and over
22.7% (2024 est.) (male 7,021/female 9,469)
Dependency ratios
total dependency ratio
64.1 (2024 est.)
youth dependency ratio
26.9 (2024 est.)
elderly dependency ratio
37.2 (2024 est.)
potential support ratio
2.7 (2024 est.)
Median age
total
43.9 years (2025 est.)
male
41.5 years
female
46.3 years
Population growth rate
0.27% (2025 est.)
Birth rate
10.82 births/1,000 population (2025 est.)
Death rate
9.4 deaths/1,000 population (2025 est.)
Net migration rate
1.31 migrant(s)/1,000 population (2025 est.)
Population distribution
relatively even population distribution throughout
Urbanization
urban population
100% of total population (2023)
rate of urbanization
-0.2% annual rate of change (2020-25 est.)
Major urban areas - population
10,000 HAMILTON (capital) (2018)
Sex ratio
at birth
1.05 male(s)/female
0-14 years
1.05 male(s)/female
15-64 years
1.01 male(s)/female
65 years and over
0.74 male(s)/female
total population
0.95 male(s)/female (2024 est.)
Infant mortality rate
total
2.1 deaths/1,000 live births (2025 est.)
male
2.5 deaths/1,000 live births
female
1.8 deaths/1,000 live births
Life expectancy at birth
total population
82.5 years (2024 est.)
male
79.4 years
female
85.7 years
Total fertility rate
1.88 children born/woman (2025 est.)
Gross reproduction rate
0.92 (2025 est.)
Drinking water source
improved: urban
urban: 99.9% of population (2022 est.)
improved: total
total: 99.9% of population (2022 est.)
unimproved: urban
urban: 0.1% of population (2022 est.)
unimproved: total
total: 0.1% of population (2022 est.)
Sanitation facility access
improved: urban
urban: 99.9% of population (2022 est.)
improved: total
total: 99.9% of population (2022 est.)
unimproved: urban
urban: 0.1% of population (2022 est.)
unimproved: total
total: 0.1% of population (2022 est.)
Currently married women (ages 15-49)
49.7% (2016 est.)
Education expenditure
Education expenditure (% GDP)
1.9% of GDP (2023 est.)
Education expenditure (% national budget)
7.8% national budget (2017 est.)
School life expectancy (primary to tertiary education)
total
12 years (2023 est.)
male
11 years (2023 est.)
female
12 years (2023 est.)
Environment
Environmental issues
air pollution from vehicle emissions; scarce water resources; solid waste disposal; hazardous waste disposal; sewage disposal; overfishing; oil spills
Climate
subtropical; mild, humid; gales, strong winds common in winter
Land use
agricultural land
5.6% (2023 est.)
agricultural land: arable land
arable land: 5.6% (2023 est.)
agricultural land: permanent crops
permanent crops: 0% (2022 est.)
agricultural land: permanent pasture
permanent pasture: 0% (2022 est.)
forest
14.4% (2023 est.)
other
80% (2023 est.)
Urbanization
urban population
100% of total population (2023)
rate of urbanization
-0.2% annual rate of change (2020-25 est.)
Carbon dioxide emissions
total emissions
577,000 metric tonnes of CO2 (2023 est.)
from coal and metallurgical coke
9 metric tonnes of CO2 (2023 est.)
from petroleum and other liquids
577,000 metric tonnes of CO2 (2023 est.)
Waste and recycling
municipal solid waste generated annually
82,000 tons (2024 est.)
percent of municipal solid waste recycled
2% (2012 est.)
Government
Country name
conventional long form
none
conventional short form
Bermuda
former
Somers Islands
etymology
named after Juan de BERMUDEZ, an early 16th-century Spanish sea captain and the first European explorer of the archipelago
Government type
Overseas Territory of the UK with limited self-government; parliamentary democracy
Dependency status
overseas territory of the UK
Capital
name
Hamilton
geographic coordinates
32 17 N, 64 47 W
time difference
UTC-4 (1 hour ahead of Washington, DC, during Standard Time)
daylight saving time
+1hr, begins second Sunday in March; ends first Sunday in November
etymology
named after Henry HAMILTON, who served as governor of Bermuda from 1788 to 1794
Administrative divisions
9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick
Legal system
English common law
Constitution
history
several previous (dating to 1684); latest entered into force 8 June 1968 (Bermuda Constitution Order 1968)
amendment process
proposal procedure - NA; passage by an Order in Council in the UK
International law organization participation
has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt
Citizenship
citizenship by birth
no
citizenship by descent only
at least one parent must be a citizen of the UK
dual citizenship recognized
yes
residency requirement for naturalization
10 years
Suffrage
18 years of age; universal
Executive branch
chief of state
King CHARLES III (since 8 September 2022); represented by Governor Andrew MURDOCH (since 23 January 2025)
head of government
Premier David BURT (since 19 July 2017)
cabinet
Cabinet nominated by the premier, approved by the governor
election/appointment process
the monarchy is hereditary; governor appointed by the monarch; following legislative elections, the governor usually appoints the leader of the majority party or majority coalition as the premier
Legislative branch
legislature name
Parliament
legislative structure
bicameral
Legislative branch - lower chamber
chamber name
House of Assembly
number of seats
36 (directly elected)
electoral system
plurality/majority
scope of elections
full renewal
term in office
5 years
most recent election date
10/1/2020
parties elected and seats per party
PLP (30); OBA (6)
percentage of women in chamber
20%
expected date of next election
2025
Legislative branch - upper chamber
chamber name
Senate
number of seats
11 (appointed)
term in office
5 years
most recent election date
2022
percentage of women in chamber
63.6%
expected date of next election
2027
Judicial branch
highest court(s)
Court of Appeal (consists of the court president and at least 2 justices); Supreme Court (consists of the chief justice, 4 puisne judges, and 1 associate justice); the Judicial Committee of the Privy Council (in London) is the court of final appeal
judge selection and term of office
Court of Appeal justice appointed by the governor; justice tenure by individual appointment; Supreme Court judges nominated by the Judicial and Legal Services Commission and appointed by the governor; judge tenure based on terms of appointment
subordinate courts
commercial court (began in 2006); magistrates' courts
Political parties
Free Democratic Movement or FDM<br>One Bermuda Alliance or OBA<br>Progressive Labor Party or PLP
Diplomatic representation in the US
none (overseas territory of the UK)
Diplomatic representation from the US
chief of mission
Consul General Antoinette HURTADO (since 27 March 2025)
embassy
US Consulate Bermuda, 16 Middle Road, Devonshire, DV 03, Bermuda
mailing address
5300 Hamilton Place, Washington, DC 20520-5300
telephone
(441) 295-1342
FAX
(441) 295-1592
email address and website
<br>HamiltonConsulate@state.gov<br><br>https://bm.usconsulate.gov/
consulate(s) general
16 Middle Road, Devonshire DV O3
International organization participation
Caricom (associate), ICC (NGOs), Interpol (subbureau), IOC, ITUC (NGOs), UPU, WCO
Independence
none (overseas territory of the UK)
National holiday
Bermuda Day, 24 May
Flag
<strong>description:</strong> a red field with the UK flag in the upper-left quadrant and the Bermudian coat of arms centered on the right half of the flag; the coat of arms is a white shield with a red lion on a green field, holding a scroll showing the sinking of the ship "Sea Venture" <br><br><strong>history:</strong> the 1609 shipwreck of the "Sea Venture" led to the settling of Bermuda
National symbol(s)
red lion
National coat of arms
Bermuda's coat of arms was formally granted by Royal Warrant on 4 October 1910 but has been in use since at least 1624; the red lion is a symbol of Great Britain; the Latin motto under the coat of arms, <em>Quo Fata Ferunt</em>, means "Whither the Fates Carry [Us];" the ship is the <em>Sea Venture</em>, an English ship that was wrecked on then-uninhabited Bermuda in 1609
National anthem(s)
title
"God Save the King"
lyrics/music
unknown
history
official anthem, as a UK territory
National heritage
total World Heritage Sites
1 (cultural); note - excerpted from the UK entry
selected World Heritage Site locales
Historic Town of St. George and Related Fortifications
Economy
Economic overview
small, tourism- and construction-based, territorial-island economy; American import and tourist destination; known offshore banking hub; increasing inflation; major re-exportation and re-importation area
Real GDP (purchasing power parity)
Real GDP (purchasing power parity) 2024
$6.808 billion (2024 est.)
Real GDP (purchasing power parity) 2023
$6.667 billion (2023 est.)
Real GDP (purchasing power parity) 2022
$6.355 billion (2022 est.)
Real GDP growth rate
Real GDP growth rate 2024
2.1% (2024 est.)
Real GDP growth rate 2023
4.9% (2023 est.)
Real GDP growth rate 2022
6.5% (2022 est.)
Real GDP per capita
Real GDP per capita 2024
$105,300 (2024 est.)
Real GDP per capita 2023
$103,100 (2023 est.)
Real GDP per capita 2022
$98,100 (2022 est.)
GDP (official exchange rate)
$8.98 billion (2024 est.)
Inflation rate (consumer prices)
Inflation rate (consumer prices) 2022
2.8% (2022 est.)
Inflation rate (consumer prices) 2021
1.4% (2021 est.)
Inflation rate (consumer prices) 2020
0% (2020 est.)
GDP - composition, by sector of origin
agriculture
0.2% (2023 est.)
industry
4.6% (2023 est.)
services
91.5% (2023 est.)
GDP - composition, by end use
household consumption
45.6% (2024 est.)
government consumption
11% (2024 est.)
investment in fixed capital
11.3% (2024 est.)
investment in inventories
0% (2024 est.)
exports of goods and services
56.3% (2024 est.)
imports of goods and services
-24.2% (2024 est.)
Agricultural products
bananas, vegetables, citrus, flowers; dairy products, honey
Industries
international business, tourism, light manufacturing
Industrial production growth rate
-3.6% (2023 est.)
Remittances
Remittances 2023
23.7% of GDP (2023 est.)
Remittances 2022
22.3% of GDP (2022 est.)
Remittances 2021
22.7% of GDP (2021 est.)
Budget
revenues
$999.2 million (2017 est.)
expenditures
$1.176 billion (2017 est.)
Current account balance
Current account balance 2023
$1.32 billion (2023 est.)
Current account balance 2022
$1.135 billion (2022 est.)
Current account balance 2021
$962.258 million (2021 est.)
Exports
Exports 2023
$1.599 billion (2023 est.)
Exports 2022
$1.425 billion (2022 est.)
Exports 2021
$1.136 billion (2021 est.)
Exports - partners
Germany 40%, South Africa 38%, Netherlands 15%, USA 2%, Angola 2% (2023)
Exports - commodities
crude petroleum, ships, aircraft, liquor, railway cargo containers (2023)
Imports
Imports 2023
$2.3 billion (2023 est.)
Imports 2022
$2.235 billion (2022 est.)
Imports 2021
$1.925 billion (2021 est.)
Imports - partners
USA 38%, Cyprus 31%, UK 6%, China 6%, Canada 4% (2023)
Imports - commodities
ships, refined petroleum, railway cargo containers, packaged medicine, cars (2023)
Exchange rates
Currency
Bermudian dollars (BMD) per US dollar -
Exchange rates 2024
1 (2024 est.)
Exchange rates 2023
1 (2023 est.)
Exchange rates 2022
1 (2022 est.)
Exchange rates 2021
1 (2021 est.)
Exchange rates 2020
1 (2020 est.)
Energy
Electricity access
electrification - total population
100% (2022 est.)
Electricity
installed generating capacity
172,000 kW (2023 est.)
consumption
590.38 million kWh (2023 est.)
transmission/distribution losses
43.172 million kWh (2023 est.)
Electricity generation sources
fossil fuels
99% of total installed capacity (2023 est.)
biomass and waste
1% of total installed capacity (2023 est.)
Coal
consumption
4 metric tons (2023 est.)
imports
4 metric tons (2023 est.)
Petroleum
refined petroleum consumption
4,000 bbl/day (2023 est.)
Energy consumption per capita
Total energy consumption per capita 2023
122.737 million Btu/person (2023 est.)
Communications
Telephones - fixed lines
total subscriptions
25,000 (2021 est.)
subscriptions per 100 inhabitants
39 (2022 est.)
Telephones - mobile cellular
total subscriptions
68,164 (2022 est.)
subscriptions per 100 inhabitants
97 (2024 est.)
Broadcast media
3 TV stations; cable and satellite TV subscription services are available; roughly 13 radio stations operating
Internet country code
.bm
Internet users
percent of population
98% (2017 est.)
Broadband - fixed subscriptions
total
23,000 (2022 est.)
subscriptions per 100 inhabitants
36 (2022 est.)
Transportation
Civil aircraft registration country code prefix
VP-B
Airports
1 (2025)
Merchant marine
total
122 (2023)
by type
container ship 15, oil tanker 8, other 99
Ports
total ports
4 (2024)
large
0
medium
1
small
2
very small
0
size unknown
1
ports with oil terminals
3
key ports
Freeport, Hamilton, Ireland Island, St. George
Military and Security
Military and security forces
Royal Bermuda Regiment; Bermuda Police Service (2025)
Military and security service personnel strengths
the Royal Bermuda Regiment has about 350 troops (2025)
Military equipment inventories and acquisitions
the Regiment is equipped with small arms (2025)
Military service age and obligation
men and women who are Commonwealth citizens and 18-45 years of age can volunteer for the Bermuda Regiment; service is for a minimum period of three years and two months from the date of enlistment; after completing their initial service, soldiers in the Regiment can choose to extend their service (2025)
Military - note
defense is the responsibility of the UK; the Royal Bermuda Regiment’s responsibilities include maritime security of Bermuda’s inshore waters, search and rescue, ceremonial duties, humanitarian/disaster assistance, security of key installations, and assisting the Bermuda Police with maintaining public order; it includes explosive ordnance disposal, diver, maritime, security police, and support units (2025)