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    Bermuda

    Continent
    North America
    Capital
    Hamilton
    Population
    72,800
    Sub-Zones
    10
    General Information
    Basic details about Bermuda
    Population:
    72,800
    Area:
    54 sq km
    Currency:
    Bermudian dollars
    Languages:
    English, Portuguese
    Economic Overview
    Key economic indicators for Bermuda
    GDP:
    $6.343 billion
    GDP per Capita:
    $98,000
    GDP Growth:
    -0.09%
    Inflation:
    1.9%
    Unemployment:
    7%
    Public Debt:
    43% of GDP
    Credit Rating:
    A+ (2015)
    Political System
    Governance structure of Bermuda
    Government Type:
    Overseas Territory of the UK with limited self-government; parliamentary democracy
    Head 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)
    Judiciary:
    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); note - the Judicial Committee of the Privy Council (in London) is the court of final appeal
    Administrative Divisions:
    9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick

    Major Political Parties

    • Not specified
    International Relations
    Global position and alliances
    UN Member:
    No
    EU Member:
    No
    Diplomatic Presence:
    none (overseas territory of the UK)

    Major Alliances and Organizations

    Economic Sectors & Trade
    Detailed economic breakdown

    Major Economic Sectors

    Agriculture
    0.2% (2022 est.)
    Industry
    5.4% (2022 est.)
    Services
    90.5% (2022 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

    Trade Volume

    Exports:
    $1.136 billion
    Imports:
    $1.925 billion

    Major Trading Partners

    Germany 40
    South Africa 38
    Netherlands 15
    USA 2
    Angola 2

    Economic Outlook

    Bermuda has a -0.09% GDP growth rate with 1.9% inflation. The economy is characterized by a strong agriculture sector.