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ember body appointed by the governor House of Assembly: elections last held 5 October 1993 (next to be held by NA October 1998); results - UBP 50%, PLP 46%, independents 4%; seats - (40 total) UBP 22, PLP 18 Judicial branch: Supreme Court Political parties and leaders: United Bermuda Party (UBP), David SAUL; Progressive Labor Party (PLP), Frederick WADE; National Liberal Party (NLP), Gilbert DARRELL Other political or pressure groups: Bermuda Industrial Union (BIU), Ottiwell SIMMONS International organization participation: Caricom (observer), CCC, ICFTU, Interpol (subbureau), IOC Diplomatic representation in US: none (dependent territory of the UK) US diplomatic representation: chief of mission: Ambassador Robert A. FARMER consulate general(s): Crown Hill, 16 Middle Road, Devonshire, Hamilton mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, Department of State, Washington, DC 20521-5300 telephone: [1] (441) 295-1342 FAX: [1] (441) 295-1592 Flag: red with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and blue shield with a red lion holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag Economy ------- Economic overview: Bermuda enjoys one of the highest per capita incomes in the world, having successfully exploited its location by providing luxury tourist facilities and financial services. The tourist industry attracts more than 90% of its business from North America. The industrial sector is small, and agriculture is severely limited by a lack of suitable land. About 80% of food needs are imported. International business contributes over 60% of Bermuda's economic output; a failed independence vote in late 1995 can be partially attributed to Bermudian's fear of scaring away foreign firms. Hurricane Felix, which hit Bermuda twice over three days, caused an estimated $2.5 million in damages in August of 1995. GDP: purchasing power parity - $1.7 billion (1994 est.) GDP real growth rate: 2.5% (1994 est.) GDP per capita: $28,000 (1994 est.) GDP composition by sector: agriculture: NA% industry: NA% services: NA% Inflation rate (consumer prices): 2.6% (1995 est.) Labor force: 33,650 (1992) by occupation: clerical 25%, services 22%, laborers 21%, professional and
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