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Economy of Bermuda.
Bermuda
has a vibrant and worldly economy. The beautiful scenery and warm, sunny climate make the Bermudas a
popular resort destination. Tourism drives the economy of the islands, with
one-third of the adult population employed in tourism-related jobs in
1996. Financial services, ship repairing and servicing the military
bases on the islands are the other economic mainstays. Favorable tax
conditions have made Bermuda a banking center. The island country
is also known as a worldwide center for corporate and insurance
headquarters for large multinational companies.
Bermuda has some manufacturing facilities that include pharmaceuticals, perfumes, flavoring extracts,
mineral-water extracts, and essential oils. The island is not
known for its agriculture production and a very small area is
under cultivation; bananas, vegetables, and cut flowers are grown.
Food supplies and fuels comprise the bulk of Bermudian imports. The
Bermuda dollar is the unit of currency. Roads total 240 km. Bermuda is serviced by several
international airlines and shipping companies, and enjoys one of the
highest per capita incomes in the world.
Information about Bermuda There are many
things to talk about when inquiring about
Bermuda Information. We have chose
a few of the most popular topics.
We hope you find this information useful and hope you choose us for
your one of your next cruises to Bermuda. Remember that we
specialize in Bermuda Cruises.
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