Bermuda

BermudaNorthern America
-8:00Hours behind the UAE
About the Country

General Information

National Identity
Official Language(s)English
National CurrencyBermudian Dollar (BMD)
National Day(s)Last Friday in May (Bermuda Day)
Capitals
Political / Administrative CapitalHamilton
Economic CapitalHamilton
Cultural CapitalSt. George’s
Transport & Connectivity
Flight Duration from the UAE≈ 18 – 21 h Connecting flights
Primary AirportL.F. Wade International Airport (BDA)
Primary PortPort of Hamilton (Seaport)
Geography
Land Area54 km²
Length of the Coastline103 km
Highest PointTown Hill (79 m)
Primary Inland Water Body / RiverMangrove Lake (Bermuda’s largest brackish lake)
ClimateSubtropical; mild winters and warm, humid summers

Border Countries

Map of Bermuda
None (island territory)
0

Last Updated: June 2026Source: Internal Research

Key Facts

Bermuda is famous for its pink-sand beaches, created by crushed coral and shells.

Hamilton is the capital of Bermuda and one of the world's smallest capital cities.

The Bermuda Triangle, a famous region linked to maritime mysteries, is named after Bermuda.

Crystal Cave is one of Bermuda’s most famous natural attractions, known for its clear underground lake.

The Royal Naval Dockyard is Bermuda’s largest historic attraction and former British naval base.

Bermuda shorts originated in Bermuda and became an internationally recognized style of clothing.

Fish chowder is one of Bermuda’s most famous traditional dishes and is often served with sherry pepper sauce.

Bermuda consists of about 181 islands and islets connected by bridges and causeways.

Bermuda relies on a 400-year-old stepped roof design and mandatory rooftop rainwater harvesting systems to supply fresh water to its population.

Gibbs Hill Lighthouse, built in 1846, is one of the world’s oldest cast-iron lighthouses.

The island is famous for its colorful pastel houses that reflect traditional Bermudian architecture.

Somerset Bridge in Bermuda is often described as one of the world's smallest drawbridges.

Last Updated: June 2026Source: Internal Research

Economic Overview

Macroeconomic Snapshot

GDP, current prices-Billions of USD · 2025
Real GDP growth-Annual percent change · 2025
GDP per capita, current prices-USD per capita · 2025
Population-Millions of people · 2025
General government gross debt-% of GDP · 2025
Income levelWorld Bank classificationHigh Income

Last Updated: October 2026Source: IMF DataMapper; World Bank Open Data

Economic Comparison

IndicatorBermudaUAEBermudaUAE
GDP, current pricesBillions of USD · 2025-614.4
GDP, PPPCurrent int$, Billions · 20247.7871.7
Real GDP growthAnnual percent change · 2025-6.2%
GDP per capita, current pricesUSD per capita · 2025-54,151
PopulationMillions of people · 2025-11.35
Unemployment rate% of total labor force · 2025-1.73%
Inflation rate (avg. consumer prices)Annual percent change · 2025-1.3%
General government gross debt% of GDP · 2025-33.9%
Income levelWorld Bank classificationHigh IncomeHigh Income

Last Updated: October 2026Source: IMF DataMapper; World Bank Open Data

Foreign Trade

Bermuda's Top 5 Trade Partners

  1. 01South Korea
  2. 02United States of America
  3. 03China
  4. 04Canada
  5. 05Singapore

Bermuda’s Imports

Top 5 Import Sources
  1. 01South Korea
  2. 02United States of America
  3. 03China
  4. 04Canada
  5. 05Singapore
Top 5 Imports Globally
  1. Ships, boats and floating structures
  2. Railway locomotives and rolling stock
  3. Mineral fuels and oils
  4. Commodities not elsewhere specified
  5. Machinery and mechanical appliances

Bermuda’s Exports

Top 5 Export Destinations
  1. 01United States of America
  2. 02Indonesia
  3. 03South Africa
  4. 04Angola
  5. 05United Kingdom
Top 5 Exports Globally
  1. Commodities not elsewhere specified
  2. Ships, boats and floating structures
  3. Railway locomotives and rolling stock
  4. Beverages, spirits and vinegar
  5. Machinery and mechanical appliances

Last Updated: October 2026Source: ITC Trade Map (2025)

Political Overview

Leadership

Representative of the Monarch

H.E. Andrew Murdoch

Since January 2025

Head of Government

Hon. Edward David Gerald Burt II

Since July 2017

Minister of Finance

Hon. Edward David Gerald Burt II

Since February 2022

Minister of Economy

Hon. Jason Paul Hayward

Since June 2020

Political Summary

Political System

Parliamentary system

British Overseas Territory with appointed Governor and elected Premier.

Ruling Party

Progressive Labour Party (PLP): Centre-left (since 2017)

Main Opposition Force(s)

One Bermuda Alliance (OBA): Centre-right

Next Presidential Election

Not applicable (Hereditary)

Next Legislative Election

2030

Last Updated: May 2026Source: Internal Research

Membership in Key Organizations and Blocs

42Organizations
4Member
0Founding Member
0Partner, Observer or Participant
38Not a Member

Last Updated: July 2026Source: Official websites of the respective organizations

Competitiveness Indexes

IndexYearRank Out ofBermudaUAE
Economy
202670-5
202215314627
20235-4
2026110-22
Talent
202569-9
2025135-25
2025193-15
Innovation
2026139-25
202569-9
Governance
2024193-11
2024198-9
Society
2026161-51
2026171-44
2025172-13
2025148-69
2026163-73
2025147-21
2026169-71
AI
202436-8
2025195-19

Last Updated: October 2026Source: International rankings and indices

Bilateral Relations

Diplomatic Relations and Representation

Date of Establishment of Diplomatic Relations-
H.E. Mansoor Abdullah Khalfan Juma Abulhoul
UAE Ambassador
H.E. Mansoor Abdullah Khalfan Juma AbulhoulUAE Ambassador to the UK · Non-resident
H.E. Geraldine McCafferty
Foreign Ambassador
H.E. Geraldine McCaffertyAmbassador of the UK to the UAE · Non-resident

Last Updated: June 2026Source: MoFA; Internal Research

Consular Information

2025 Figures
Tourists
Residents
Students
Golden Visa Holders
Bermuda Nationalsin the UAE
----
UAE Citizensin Bermuda
----

Last Updated: October 2026Source: MoFA

Main Agreements and MoUs

Agreement / MOUStatusNotes
CEPAComprehensive Economic Partnership Agreement
Not Signed-
IPPAInvestment Protection and Promotion Agreement
Not Signed-
DTADouble Taxation Avoidance Agreement
Ratified
Signed on 12 Feb 2015.Entered into force on 5 Jul 2019.
ASAAir Services Agreement
Not Signed-
Ratified— Signed and entered into force
Signed— Signed, but entry into force or ratification is pending
Not Signed— No signed agreement exists

Last Updated: April 2026Source: Internal Research

UAE Foreign Assistance

UAE Aid to Bermuda20212022202320242025Total Amount
(2021–2025)
Amount (USD Mn)------

Last Updated: October 2026Source: UAEAID

Bilateral Visits

Official Visits from the UAE

  • H.E. Abdulaziz AlnuaimiAssistant Undersecretary at the Ministry of Economy
    Jun2023

Official Visits to the UAE

  • Hon. David BurtPremier of Bermuda
    Feb2026
  • Hon. Jason HaywardMinister of Economy and Labour of Bermuda
    Feb2024
  • Hon. Kim WilsonMinister of Health of Bermuda
    Feb2024
  • Hon. David BurtPremier of Bermuda
    Dec2023
  • Hon. Walter RobanDeputy Premier of Bermuda
    Dec2023

The officials’ titles shown reflect the positions held at the time of the visit.

Last Updated: April 2026Source: Internal Research

Trade

Non-Oil Bilateral Trade

USD Millions2022202320242025% Change (2024–2025)
UAE imports from Bermuda0000+460.6%
UAE exports to Bermuda0000+1100.0%
UAE re-exports to Bermuda0001+439.0%
Total non-oil trade with Bermuda0001+456.8%
CAGR (2022–2025)107.06%

Last Updated: October 2026Source: MoFT

Rank Among UAE's Trade Partners

194thNon-oil trade partner of the UAEout of 246
191stSource of UAE importsout of 242
207thDestination for UAE exportsout of 221
181stDestination for UAE re‑exportsout of 227

Last Updated: October 2026Source: MoFT

Key Trade Commodities

Top 5 Imports from Bermuda

  1. 1Leather articles and travel goods
  2. 2Foodstuffs, beverages, spirits and tobacco
  3. 3Products of the chemical or allied industries
  4. 4Footwear, headgear, umbrellas and related articles
  5. 5Works of art, collectors' pieces and antiques

Top 5 Exports to Bermuda

  1. 1Base metals and articles of base metal
  2. 2Miscellaneous manufactured articles
  3. 3Textiles and textile articles
  4. 4Products of the chemical or allied industries
  5. 5Live animals and animal products

Top 5 Re-exports to Bermuda

  1. 1Machinery, electrical equipment and parts
  2. 2Vehicles, aircraft, vessels and transport equipment
  3. 3Products of the chemical or allied industries
  4. 4Textiles and textile articles
  5. 5Photographic, medical, musical instruments & parts

Last Updated: October 2026Source: FCSC

Foreign Direct Investment Flows

Jan 2021 – Sep 2026
FDI Inflows (Into the UAE)414.3USD Millions
FDI Outflows (UAE Abroad)-

Capex and jobs data include estimated values.

Last Updated: November 2026Source: fDi Markets

Major Companies and Investments

Major Bermudian Companies in the UAE

  • Transamerica Life BermudaTransamerica Life BermudaInsurance and life insurance
  • International General Insurance (IGI)International General Insurance (IGI)Insurance and reinsurance

Major UAE Companies in Bermuda

Last Updated: April 2026Source: Internal Research

Business Support

Joint Business Council(s)-

Cooperation Opportunities

Priority level: HIGH / MEDIUM / EMERGING, based on overall attractiveness to the UAE.

Last Updated: September 2026Source: Internal Research