ted by a
lack of suitable land. About 80% of food needs are imported.

National product: GDP - purchasing power parity - $1.7 billion (1994
est.)

National product real growth rate: 2.5% (1994)

National product per capita: $28,000 (1994 est.)

Inflation rate (consumer prices): 2.5% (1993)

Unemployment rate: 6% (1991)

Budget:
revenues: $327.5 million
expenditures: $308.9 million, including capital expenditures of $35.4
million (FY90/91 est.)

Exports: $60 million (f.o.b., 1991)
commodities: semitropical produce, light manufactures, re-exports of
pharmaceuticals
partners: US 62.4%, UK 20%

Imports: $519 million (f.o.b.,1993)
commodities: fuel, foodstuffs, machinery
partners: US 38%, UK 5%, Canada 5%

External debt: $NA

Industrial production: growth rate NA%

Electricity:
capacity: 140,000 kW
production: 504 million kWh
consumption per capita: 7,745 kWh (1993)

Industries: tourism, finance, structural concrete products, paints,
pharmaceuticals, ship repairing

Agriculture: accounts for less than 1% of GDP; most basic foods must
be imported; produces bananas, vegetables, citrus fruits, flowers,
dairy products

Economic aid:
recipient: US commitments, including Ex-Im (FY70-81), $34 million;
Western (non-US) countries, ODA and OOF bilateral commitments
(1970-89), $277 million

Currency: 1 Bermudian dollar (Bd$) = 100 cents

Exchange rates: Bermudian dollar (Bd$) per US$1 - 1.0000 (fixed rate)

Fiscal year: 1 April - 31 March

@Bermuda:Transportation

Railroads: 0 km

Highways:
total: 210 km
paved: 210 km
note: in addition, there are 400 km of paved and unpaved roads that
are privately owned

Ports: Hamilton, Saint George

Merchant marine:
total: 65 ships (1,000 GRT or over) totaling 3,144,245 GRT/5,152,030
DWT
ships by type: bulk 14, cargo 4, container 7, liquefied gas tanker 15,
oil tanker 16, refrigerated cargo 2, roll-on/roll-off cargo 5,
short-sea passenger 1, vehicle carrier 1
note: a flag of convenience registry; includes 12 countries among
which are UK 6 ships, Canada 4, US 4, Sweden 3, Hong Kong 2, Mexico 2,
Norway 2, Australia 1, Germany 1, NZ 1

Airports:
total: 1
with paved runways 2,438 to 3,047 m: 1

@Bermuda:Communications

Telephone system: 52,670 telephones; modern, fully automatic telephone
system
local: NA
intercity: NA
international: 3 submarine cables; 2 INTELSAT (Atlantic Ocean) earth
statio