)
GDP (official exchange rate):
NA
GDP - real growth rate:
4.6% (2004 est.)
GDP - per capita (PPP):
$69,900 (2004 est.)
GDP - composition by sector:
agriculture: 1%
industry: 10%
services: 89% (2002 est.)
Labor force:
38,360 (2004)
Labor force - by occupation:
agriculture and fishing 3%, laborers 3%, clerical 19%, professional
and technical 17%, administrative and managerial 15%, sales 19%,
services 19% (2004 est.)
Unemployment rate:
2.1% (2004 est.)
Population below poverty line:
19% (2000)
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
2.8% (November 2005)
Budget:
revenues: $738 million
expenditures: $665 million (FY04/05)
Agriculture - products:
bananas, vegetables, citrus, flowers; dairy products, honey
Industries:
international business, tourism, light manufacturing
Industrial production growth rate:
NA%
Electricity - production:
682.5 million kWh (2005)
Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (2001)
Electricity - consumption:
616.7 million kWh (2005)
Electricity - exports:
0 kWh (2005)
Electricity - imports:
0 kWh (2004)
Oil - production:
0 bbl/day (2004)
Oil - consumption:
4,658 bbl/day (2005 est.)
Oil - exports:
0 bbl/day (2005)
Oil - imports:
NA bbl/day
Natural gas - production:
0 cu m (2004 est.)
Natural gas - consumption:
0 cu m (2004 est.)
Exports:
$1.469 billion (2004 est.)
Exports - commodities:
reexports of pharmaceuticals
Exports - partners:
France 65.9%, Spain 11.8%, US 4.5% (2005)
Imports:
$982 million (2004 est.)
Imports - commodities:
clothing, fuels, machinery and transport equipment, construction
materials, chemicals, food and live animals
Imports - partners:
France 38.9%, South Korea 20.9%, US 15.5% (2005)
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
Communications Bermuda
Telephones - main lines in use:
56,000 (2002)
Telephones - mobile cellular:
49,000 (2004)
Telephone system:
general assessment: good
domestic: fully automatic digital
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