Discover Fascinating Bermuda Facts

Dive into the history, culture, and unique insights about Bermuda.

Bermuda

Background

🌊🌴 Bermuda's Journey Through Time! 🌴🌊 Did you know Bermuda was first settled in 1609? πŸ“… That's a long time ago! These brave English colonists were shipwrecked while heading to Virginia. Since 1620, Bermuda has enjoyed self-governance, making it the oldest and most populous British overseas territory! πŸ‡¬πŸ‡§

Tourism has always played a significant role in Bermuda's economy, drawing visitors with its stunning beaches and crystal-clear waters. However, in recent years, international business has taken the lead in boosting the economy. πŸ’Ό ✈️

Year Bermuda Settled

1609

Year Bermuda Became Self-governing

1620

Exports - commodities

🌟 Bermuda is known for its interesting mix of exports! In 2022, the island shipped out a variety of goods that keep the economy afloat. Here’s a fun look at what Bermuda exports:

  • Fertilizers – essential for farming!
  • Ships – sailing away to new adventures!
  • Liquor – a taste of the island to enjoy anywhere!
  • Vaccines – helping people stay healthy!
  • Railway cargo containers – transporting important goods!

🌍 Each of these commodities plays a key role in Bermuda's trade and interactions with the world. Isn't it fascinating to see the diversity in what this beautiful island sends off to other places? πŸš’πŸΉπŸš‚

Bermuda's Exports by Commodity in 2022

Exports - partners

🌍 Bermuda's Export Partners in 2022 🌍

Bermuda has various trading buddies around the globe, and their partnership can be seen through these export percentages! Let's break it down:

  • Zambia takes the crown with 26% of Bermuda's exports! πŸŽ‰
  • Coming in next, the United States holds 16% of the export pie! πŸ—½
  • Both Angola and France are tied at 10% each, making them equal partners! πŸ‡¦πŸ‡΄πŸ‡«πŸ‡·
  • Finally, we've got Tanzania contributing 8% to the mix! πŸ‡ΉπŸ‡Ώ

Together, these partners play an important role in Bermuda's economy, showcasing a vibrant mix of international trade! πŸ“ˆ

Total percentage accounted for by top export partners

70%

Bermuda's Export Partners in 2022

Capital

πŸ™οΈ The capital of Bermuda is Hamilton! This lively city is not just the political heart of the island, but also a hub for culture and commerce. With beautiful architecture and stunning waterfront views, Hamilton offers a unique blend of history and modern amenities. 🌊✨

Imports - commodities

🌊 Bermuda imports a variety of goods to keep its economy sailing smoothly! 🚒 Some of the key imports include:

  • Ships
  • Refined petroleumβ›½
  • Railway cargo containers
  • Packaged medicineπŸ’Š
  • CarsπŸš—

These commodities are vital for Bermuda's trade and daily life, supporting both its residents and visitors. Each category plays a significant role in ensuring that the island remains vibrant and functional! 🌟

Key Imports

Ships, refined petroleum, railway cargo containers, packaged medicine, cars

Climate

Bermuda has a subtropical climate 🌴 that keeps the weather mild and humid all year round! This means you can enjoy warm temperatures and lovely breezes, perfect for outdoor activities. However, be ready for the gales and strong winds that are common during the winter months! 🌬️

Executive branch

πŸ‡§πŸ‡² In Bermuda, the Executive branch is led by some important figures! The chief of state is King CHARLES III, who has been in the position since 8 September 2022. He is represented in Bermuda by Governor Rena LALGIE, who took office on 14 December 2020. The head of government is Premier David BURT, who has been serving since 19 July 2017. Each leader plays a crucial role in shaping the policies and direction of this beautiful island! 🌴

King CHARLES III's start date as chief of state

8 September 2022

Rena LALGIE's start date as Governor

14 December 2020

David BURT's start date as Premier

19 July 2017

Legislative branch

Legislative Branch of Bermuda πŸ‡§πŸ‡²

Bermuda has a cool bicameral Parliament, which means it has two parts! πŸŽ‰ Let's break it down:

  • Senate: This part has 11 seats. πŸͺ‘
  • House of Assembly: This larger part comprises 36 seats. πŸ›οΈ

Together, these two groups help make laws and govern Bermuda. Isn't that interesting? πŸ˜„

Seats in Bermuda's Legislative Branch

Natural resources

Bermuda is blessed with some wonderful natural resources! 🌿 Among them, you'll find limestone, which is not only important for various developments but also a key component of Bermuda’s beautiful landscape. 🏝️ Additionally, Bermuda enjoys a pleasant climate, making it a perfect destination for tourism. Tourists flock to this beautiful island to enjoy its warm weather and stunning scenery all year round! 🌞✈️

Economic overview

🌴 Welcome to the fascinating economic world of Bermuda! This tiny island is not just a beautiful vacation spot, but also has a bustling economy that's quite interesting. 🏝️

Bermuda's economy is small and significantly relies on tourism and construction industries. 🌞 People from all over visit Bermuda, making it a popular destination for tourists. 🌍

Did you know that Bermuda is also a hub for offshore banking? 🏦 This means that many businesses take advantage of its location to manage their finances. The island is a major area for re-exportation and re-importation, which means the goods from other countries come through Bermuda to be sold or sent elsewhere. πŸ“¦

However, there's a growing concern about increasing inflation, which can affect prices and the cost of living for everyone in Bermuda. πŸ’΅

Overall, Bermuda’s economy is a colorful mix of tourism, banking, and trade, which keeps its wheels turning! 🌈

Government type

πŸ›οΈ Welcome to Bermuda! This beautiful island is not just known for its stunning beaches and turquoise waters 🌊, but also for its interesting governance. Bermuda is an Overseas Territory of the United Kingdom πŸ‡¬πŸ‡§, which means that while it enjoys some level of self-government, it operates under the umbrella of British authority. 🏰

The government system here is a parliamentary democracy. What does that mean? It means that the elected representatives in Bermuda shape laws and policies, while still recognizing the monarch as the head of state! πŸ—³οΈ So, it's like having the best of both worlds – local decision-making with a connection to the UK. 🌍

Type of government

Overseas Territory of the UK with limited self-government; parliamentary democracy

Ethnic groups

In Bermuda, the population is a colorful tapestry woven from various ethnic backgrounds! 🎨 Here's how the ethnic groups break down:

  • African descent: 52% πŸ–€
  • White: 31% 🀍
  • Mixed: 9% 🎭
  • Asian: 4% 🌊
  • Other: 4% 🌍

These percentages showcase the rich diversity that makes Bermuda unique! ✨

Total Ethnic Groups

5

Most Represented Ethnic Group

African descent

Least Represented Ethnic Group

Asian and Other

Ethnic Composition of Bermuda

Religions

In Bermuda, the variety of religions is quite interesting! 🌍 Here’s a fun breakdown of the beliefs held by folks in this lovely island.

  • Protestant: 46.2%

    • 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 religions: 3.9%

  • None: 17.8%

  • Unspecified: 6.2%

This colorful tapestry of beliefs shows that while many in Bermuda identify as Protestant, there's a nice mix of other faiths as well! βš–οΈ

Percentage of Protestants

46.2%

Percentage of Roman Catholics

14.5%

Percentage identifying as 'None'

17.8%

Percentage of unspecified religions

6.2%

Religious Distribution in Bermuda

Languages

In Bermuda, people are all about communication! πŸ“£ The official language is English, which means it's what most folks use to chat daily. But that's not all! Many people also speak Portuguese, adding to the colorful mix of languages in this beautiful island. 🌊🌴

Official Language

English

Other Spoken Language

Portuguese

Imports - partners

Bermuda's imports come from several interesting partners! 🌍 In 2022, here's how the percentages break down:

  • United States: 34% πŸ—½
  • Norway: 19% πŸ‡³πŸ‡΄
  • South Korea: 19% πŸ‡°πŸ‡·
  • China: 5% πŸ‡¨πŸ‡³
  • Canada: 5% πŸ‡¨πŸ‡¦

As you can see, the US is the biggest partner for Bermuda, contributing more than one third of the total imports! πŸ“¦βœ¨

Total Import Partners Share

100%

Highest Import Partner

United States at 34%

Bermuda Import Partners (2022)

Population

🌍 Bermuda is home to a total population of 72,800 people! That's a small and vibrant community living on this beautiful island. 🏝️ Whether you're exploring the stunning beaches or enjoying the local culture, there's so much to love about Bermuda! πŸ‡§πŸ‡²

Total Population

72,800

Area

🌍 Bermuda's Total Area 🌍

Bermuda is a beautiful island with a total area of 54 square kilometers! 🌊 This entire area consists of land, as there is 0 square kilometers of water. Hence, all 54 square kilometers are land! Isn't that fascinating? 🌴

Here's a quick breakdown of Bermuda's area:

  • Total Area: 54 sq km
  • Land Area: 54 sq km
  • Water Area: 0 sq km

Bermuda is a land-lover's paradise with no water expanses to speak of! 🏝️

Total Area

54 sq km

Land Area

54 sq km

Water Area

0 sq km

Distribution of Area in Bermuda

Real GDP (purchasing power parity)

πŸ“ˆ The Real GDP (Purchasing Power Parity) of Bermuda has shown growth over the past few years! Here’s how it looks:

  • 2020: $5.659 billion
  • 2021: $5.965 billion
  • 2022: $6.349 billion

This means Bermuda's economy is getting bigger, which is great news! πŸŽ‰ Let’s visualize this growth! πŸ“Š

GDP in 2020

5.659 billion USD

GDP in 2021

5.965 billion USD

GDP in 2022

6.349 billion USD

Real GDP Growth in Bermuda (PPP)

Real GDP per capita

🏝️ Real GDP per Capita in Bermuda

Bermuda is known for its beautiful beaches and vibrant economy! πŸ“ˆ Let's take a look at how the Real GDP per capita has changed over the last few years:

  • 2020: $88,600
  • 2021: $93,600
  • 2022: $99,800

As you can see, Bermuda's economy has been growing steadily! 🌱 This means that on average, each person in Bermuda had more money to spend and enjoy life in 2022 compared to previous years.

Isn't that amazing? πŸŽ‰

Growth from 2020 to 2022

$11,200

Average GDP per Capita (2020-2022)

$93,000

Real GDP per Capita in Bermuda (2020-2022)

Imports

πŸ“¦ Imports of Bermuda

Bermuda imports a lot of goods each year! Let's take a look at how much money they spent over the last few years:

  • In 2019, Bermuda imported $2.224 billion.
  • In 2020, that number dropped to $1.723 billion.
  • Then, in 2021, they rebounded slightly to $1.925 billion.

As you can see, imports can go up and down a lot! This is important because it shows how much stuff Bermuda gets from other places each year. 🌍

Let's visualize this data to better understand the changes over the years!

Imports in 2019

$2.224 billion

Imports in 2020

$1.723 billion

Imports in 2021

$1.925 billion

Bermuda Imports Over the Years

Exports

🌍✨ Bermuda's export journey has been quite a ride! Let's take a look at the numbers over the past few years. In 2019, Bermuda exported a whopping $1.605 billion! Then in 2020, the exports dipped a bit to $1.027 billion. By 2021, there was a nice increase to $1.136 billion. πŸ“ˆπŸ“Š These numbers tell the story of how Bermuda's exports have changed over the years, showcasing the island's lively economy! πŸŽ‰

Total Exports in 2019

$1.605 billion

Total Exports in 2020

$1.027 billion

Total Exports in 2021

$1.136 billion

Bermuda Exports Over the Years

Population growth rate

Bermuda is experiencing a steady increase in its population, with a growth rate of 0.3% expected in 2024! πŸ“ˆ This means more residents are calling this beautiful island home, contributing to its vibrant culture and community. 🌴

Though the growth may seem small, every person plays a part in the story of Bermuda's future! πŸ“š

Expected Population Growth Rate (2024)

0.3%