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Background: 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.
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Common Name: Bermuda
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Local Official Name: Bermuda
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Abbreviated Name: Bermuda
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Official Name: Bermuda
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Official Script Name: Bermuda
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Local Common Name: Bermuda
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Former Name: Somers Islands
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Territory of: NA
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Head of State: Queen ELIZABETH II
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Government Type: parliamentary; self-governing territory
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Independence: none (overseas territory of the UK)
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Constitution: 1968 June 8, amended 1989 and 2003
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National Holiday: Bermuda Day, 24 May
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International Organization Participation: Caricom (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO
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Administrative Divisions: 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick
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Dependent Areas: overseas territory of the UK
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Legal System: English law
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Suffrage: 18 years
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Executive, Legislative and Judicial Branches: Executive Branch:
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Sir John VEREKER (since 11 April 2002)
head of government: Premier Ewart BROWN (since 30 October 2006); Deputy Premier Paula COX
cabinet: Cabinet nominated by the premier, appointed by the governor
elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor
Legislative Branch:
bicameral Parliament consists of the Senate (an 11-member body appointed by the governor, the premier, and the opposition) and the House of Assembly (36 seats; members are elected by popular vote to serve up to five-year terms)
elections: last general election held 24 July 2003 (next to be held not later than July 2008)
election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, UBP 14
Judicial Branch:
Supreme Court; Court of Appeal; Magistrate Courts
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Party Leaders: Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [Wayne FURBERT]
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International Disputes: NA
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Illicit Drugs: NA
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Location of Bermuda: North America, group of islands in the North Atlantic Ocean, east of North Carolina (US)
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Continent: North America
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Land Area Total: 53 sq km
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Region: Caribbean |
Land Area Land: 53 sq km
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Capitol City: Hamilton
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Land Area Water: 0 sq km
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Current: -4
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Latitude: 032 20 N
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Border Boundary Land: 0 km
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Longitude: 064 45 W
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Border Boundary Coastline: 103 km
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Arable Land: 6.00 %
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Pastures: 0.00 %
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Crops: 0.00 %
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Woodlands and Forests: 0.00
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Highest Elevation: 76 m
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Location: Town Hill
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Lowest Elevation: 0 m
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Location: Atlantic Ocean
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Largest City in Bermuda: Hamilton
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Hamilton Largest City Population: 1,000
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Threatened Species: 47
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Environmental Issues: asbestos disposal; water pollution; preservation of open space; sustainable development
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Environmental Agreements: NA
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Irrigated Land: 0
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Bordering Countries: NA
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Natural Resources: limestone, pleasant climate fostering tourism
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Geographical Terrain: low hills separated by fertile depressions
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Comparative Area of Bermuda: about one-third the size of Washington, DC
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Bermuda's Geography: consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land, reclaimed and otherwise, was leased by US Government from 1941 to 1995
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Click Here for detailed information about the weather conditions in Bermuda.
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General Climate: subtropical; mild, humid; gales, strong winds common in winter
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Natural Hazards: hurricanes (June to November)
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Economic Overview: 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.
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GDP: $4,500,000,000 USD
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Currency: Bermudian dollar
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GDP per Capita: $69,900 USD
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Currency Code: BMD
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GDP Growth Rate: 4.60 %
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One $USD Equals: %fincurrencyequals% BMD
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Currency Exchange Rate History: Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar)
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GDP of Agriculture: 1.00 %
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GDP of Industry: 10.00 %
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GDP of Services: 89.00 % |
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Inflation Rate: 2.80 % |
Population in Poverty: 19.00 %
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Unemployment Rate: 2.10 %
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Tourism: 354,000.00 visitors each year
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Consumption by lowest 10%: 0.00 %
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Budget Revenue in USD: $738,000,000 USD
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Consumption by upper 10%: 0.00 %
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Budget Expenditures in USD: $665,000,000 USD
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Electricity Production: 682,500,000 kWh
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Electricity Exports: 0 kWh
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Electricity Consumption: 616,700,000 kWh
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Electricity Imports: 0 kWh
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Electricity Production by Source:
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Fossil Fuel Electricity Production: 100.00%
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Nuclear Electricity Production: 0.00%
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Hydro Electricity Production: 0.00%
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Other Electricity Production: 0.00%
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Oil Production: 0 barrels per day
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Natural Gas Production: 0 cu m
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Oil Consumption: 4,658 barrels per day
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Natural Gas Consumption: 0 cu m
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Oil Exports: 0 barrels per day
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Natural Gas Exports: 0 cu m
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Oil Imports: 0 barrels per day
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Natural Gas Imports: 0 cu m
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Proven Oil Reserves: 0 barrels
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Proven Natural Gas Reserves: 0 cu m
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External Debt: $160,000,000 USD |
Received in economic aid: $0 USD
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Donated in economic aid: $0 USD
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Agricultural Products: bananas, vegetables, citrus, flowers; dairy products, honey
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Primary Industries: international business, tourism, light manufacturing
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Industrial Growth Rate: 0.00 %
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Import Amount in USD: $982,000,000 USD - clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals
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Import Partners: Kazakhstan 51%, France 19%, South Korea 10.2%, US 7.6%
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Export Amount in USD: $1,469,000,000 USD - reexports of pharmaceuticals
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Export Partners: France 65.6%, Spain 11.7%, US 4.5%
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GINI Index: 0.00%
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Labor Force Number of People: 38,360
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Labor Force by Occupations: agriculture and fishing 3%, laborers 17%, clerical 19%, professional and technical 21%, administrative and managerial 15%, sales 7%, services 19%
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Radio Broadcast Stations: 8 |
Number of People with Radios: 82,000 |
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Television Broadcast Stations: 3 |
Number of People with Televisions: 66,000 |
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Number of People with Mainline Telephones: 56,000 |
Number of People with Mobile Phones: 49,000 |
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Internet Service Providers: 8,114 |
Internet Users: 39,000 |
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Internet Country Code: .bm |
Newspapers: 272 |
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Two Letter Country Code: BD |
Weights and Measures: |
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Phone Country Code: 1-441 |
Electricity Voltage: 120 Volts |
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Telephone Systems: general assessment: good
domestic: fully automatic digital telephone system; fiber optic trunk lines
international: country code - 1-441; submarine cables - 3 (fiber optic); satellite earth stations - 3
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Highways: 447 km |
Railways: 0 km
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Gas And Oil Pipelines: 0 km |
Waterways: 0 km
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Airports: 1 |
Heliports: 0
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Motor Vehicles: 419 per 1,000 people |
CO2 Emissions: 462,000 Metric Tons of CO2 per year |
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Per capita CO2 emissions: 7.40 Metric Tons of CO2 per year |
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Merchant Marines: total: 132 ships (1000 GRT or over) 7,873,728 GRT/8,688,692 DWT
by type: bulk carrier 25, cargo 1, container 24, liquefied gas 23, passenger 19, passenger/cargo 6, petroleum tanker 16, refrigerated cargo 13, roll on/roll off 5
foreign-owned: 116 (Australia 3, Belgium 4, France 1, Germany 21, Greece 2, Hong Kong 10, Indonesia 1, Ireland 1, Israel 3, Monaco 2, Nigeria 11, Norway 5, Sweden 14, Switzerland 2, UK 9, US 27)
registered in other countries: 6 (Liberia 1, Marshall Islands 4, Panama 1)
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Ports and Harbors: Hamilton, Saint George
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Population: 65,773 people type - nationality |
Birth Rate: 11.40 births per 1,000 people |
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Population Density: 1,539.00 people per sq km |
Death Rate: 7.74 deaths per 1,000 people |
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Population Growth: 0.61% per year |
Fertility Rate per Women: 1.89 babies born per woman |
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Population Male 0-14: 6,146 |
Population Female 0-14: 6,098 |
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Population Male 15-64: 22,562 |
Population Female 15-64: 22,954 |
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Population Male 65+: 3,479 |
Population Female 65+: 4,534 |
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Population 0-14: 18.60% |
Literacy Rate: 98.00% |
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Population 15-64: 69.20% |
Literacy rate of Males: 98.00% |
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Population 65+: 12.20% |
Literacy rate of Females: 99.00% |
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Population that is Male: 48.00
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Population that is Female: 52.00% |
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Life expectancy at birth in years: 77.96 years |
Infant mortality rate - baby deaths per 1000 births: 8.30 Babies die per 1,000 births |
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Life expectancy at birth for Males: 75.85 years |
Life expectancy at birth for Females: 80.10 years |
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Rate of AIDS/HIV infection: 0.30%
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Number of people living with AIDS or HIV: 163
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Number of people who died of AIDS: 392 |
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Disease Risk:
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Diseases:
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Net Migration Rate per 1,000 people: 2.40
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Nationality: BERMUDIAN
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Ethnic Groups: black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4%
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Primary Language: English
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Other Languages: English (official), Portuguese
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Primary Religion: non-Anglican Protestant
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Other Religions: Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14%
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Branches: no regular indigenous military forces; Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary
Note:defense is the responsibility of the UK
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Manpower Fit to Serve: NA years
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Manpower Available: 15,151 People
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Manpower Fit to Serve: 12,165 People
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Amount of Manpower Available each Year: 408 People per year
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Expenditures: $0 USD per year
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Expenditures as a Percentage of GDP: 0.11
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Note: Phrasebase uses a variety of sources when compiling the facts and information presented above. This information is continually updated throughout the year.
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Bermuda Spa and Resort Directory
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Bermuda Home Exchanges and Home Swaps
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Bermuda Vacation Rentals And Holiday Villas
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Bermuda City Information Game Earn Real Money
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