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- Bermuda has a predominantly market economy based on tourism and international finance12. The gross national product (GNP) is growing more rapidly than the population, and the GNP per capita is one of the highest in the world1. Agriculture is of negligible importance in the overall economy, and most food must be imported1. Bermuda has a high-cost economy, and is rated #5 in the world in GNI - Gross National Income by the World Bank2. Most of its money comes from being an International Business center or offshore jurisdiction for corporate entities2.Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Bermuda has a predominantly market economy based on tourism and international finance. The gross national product (GNP) is growing more rapidly than the population, and the GNP per capita is one of the highest in the world. Agriculture is of negligible importance in the overall economy, and most food must be imported.www.britannica.com/place/BermudaBermuda has a high-cost economy. The World Bank rates it as # 5 in the world in GNI - Gross National Income.. Most of its money comes from being an International Business center or offshore jurisdiction - some would say tax haven - for corporate entities (not for their employees). It is also a long-established tourism resort.www.bermuda-online.org/economy.htm
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Economy of Bermuda | Wikipedia
[1] Bermuda now has the fourth highest per capita income in the world, [2] primarily fueled by offshore financial services for non-resident firms, especially offshore insurance and reinsurance, and tourism. In 2014, 584,702 tourists visited the territory. See more
Bermuda is a British Overseas Territory comprising a number of islands, with an area of 54 km (20.8 sq mi), located in the North Atlantic Ocean, which in 2016 had a population of 65,331.
Bermuda now has … See moreBermuda is considered an offshore financial centre. According to the Foot report, Bermuda is the second largest captive insurance domicile, … See more
Early-season vegetable exports to USA before World War II
The major Bermuda industry since the 1800s was the export by sea of early vegetables and … See moreThe Bermuda Monetary Authority (BMA) is an independent regulator of Bermuda's financial services sector, including the Bermuda Stock … See more
Most foreign companies in Bermuda are incorporated under the Companies Act of 1981. Bermuda-registered companies need only one director and one shareholder, who can be the same person, and neither needs to be resident in Bermuda. Most … See more
The population of Bermuda on census night, 20 May 2010, was 71,328 persons (an increase of 7% over 2000), comprising 59,014 civilians, 822 … See more
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