British Virgin Islands

source : World Fact Book 2008 (October 2008)

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   Introduction    British Virgin Islands
Background:
Definition Field Listing First inhabited by Arawak and later by Carib Indians, the Virgin Islands were settled by the Dutch in 1648 and then annexed by the English in 1672. The islands were part of the British colony of the Leeward Islands from 1872-1960; they were granted autonomy in 1967. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency.
   Geography    British Virgin Islands
Location:
Definition Field Listing Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico
Geographic coordinates:
Definition Field Listing 18 30 N, 64 30 W
Map references:
Definition Field Listing Central America and the Caribbean
Area:
Definition Field Listing Rank Order total: 153 sq km
land: 153 sq km
water: 0 sq km
note: comprised of 16 inhabited and more than 20 uninhabited islands; includes the islands of Tortola, Anegada, Virgin Gorda, Jost van Dyke
Area - comparative:
Definition Field Listing about 0.9 times the size of Washington, DC
Land boundaries:
Definition Field Listing 0 km
Coastline:
Definition Field Listing 80 km
Maritime claims:
Definition Field Listing territorial sea: 3 nm
exclusive fishing zone: 200 nm
Climate:
Definition Field Listing subtropical; humid; temperatures moderated by trade winds
Terrain:
Definition Field Listing coral islands relatively flat; volcanic islands steep, hilly
Elevation extremes:
Definition Field Listing lowest point: Caribbean Sea 0 m
highest point: Mount Sage 521 m
Natural resources:
Definition Field Listing NEGL
Land use:
Definition Field Listing arable land: 20%
permanent crops: 6.67%
other: 73.33% (2005)
Irrigated land:
Definition Field Listing NA
Natural hazards:
Definition Field Listing hurricanes and tropical storms (July to October)
Environment - current issues:
Definition Field Listing limited natural fresh water resources (except for a few seasonal streams and springs on Tortola, most of the islands' water supply comes from wells and rainwater catchments)
Geography - note:
Definition Field Listing strong ties to nearby US Virgin Islands and Puerto Rico
   People    British Virgin Islands
Population:
Definition Field Listing Rank Order 24,041 (July 2008 est.)
Age structure:
Definition Field Listing 0-14 years: 20% (male 2,432/female 2,366)
15-64 years: 74.4% (male 9,178/female 8,715)
65 years and over: 5.6% (male 697/female 653) (2008 est.)
Median age:
Definition Field Listing total: 32 years
male: 32.1 years
female: 31.9 years (2008 est.)
Population growth rate:
Definition Field Listing 1.88% (2008 est.)
Birth rate:
Definition Field Listing Rank Order 14.72 births/1,000 population (2008 est.)
Death rate:
Definition Field Listing Rank Order 4.37 deaths/1,000 population (2008 est.)
Net migration rate:
Definition Field Listing Rank Order 8.44 migrant(s)/1,000 population (2008 est.)
Sex ratio:
Definition Field Listing at birth: 1.05 male(s)/female
under 15 years: 1.03 male(s)/female
15-64 years: 1.05 male(s)/female
65 years and over: 1.07 male(s)/female
total population: 1.05 male(s)/female (2008 est.)
Infant mortality rate:
Definition Field Listing Rank Order total: 15.2 deaths/1,000 live births
male: 17.23 deaths/1,000 live births
female: 13.06 deaths/1,000 live births (2008 est.)
Life expectancy at birth:
Definition Field Listing Rank Order total population: 77.07 years
male: 75.88 years
female: 78.32 years (2008 est.)
Total fertility rate:
Definition Field Listing Rank Order 1.71 children born/woman (2008 est.)
HIV/AIDS - adult prevalence rate:
Definition Field Listing Rank Order NA
HIV/AIDS - people living with HIV/AIDS:
Definition Field Listing Rank Order NA
HIV/AIDS - deaths:
Definition Field Listing Rank Order NA
Nationality:
Definition Field Listing noun: British Virgin Islander(s)
adjective: British Virgin Islander
Ethnic groups:
Definition Field Listing black 83.4%, white 7%, mixed 5.4%, Indian 3.4%, other 0.8% (1991 census)
Religions:
Definition Field Listing Protestant 86% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, Jehovah's Witnesses 2%, other 15%), Roman Catholic 10%, other 2%, none 2% (1991)
Languages:
Definition Field Listing English (official)
Literacy:
Definition Field Listing definition: age 15 and over can read and write
total population: 97.8% (1991 est.)
male: NA%
female: NA%
School life expectancy (primary to tertiary education):
Definition Field Listing total: 17 years
male: 15 years
female: 19 years (2005)
Education expenditures:
Definition Field Listing Rank Order 3.7% of GDP (2006)
   Government    British Virgin Islands
Country name:
Definition Field Listing conventional long form: none
conventional short form: British Virgin Islands
abbreviation: BVI
Dependency status:
Definition Field Listing overseas territory of the UK; internal self-governing
Government type:
Definition Field Listing NA
Capital:
Definition Field Listing name: Road Town
geographic coordinates: 18 27 N, 64 37 W
time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)
Administrative divisions:
Definition Field Listing none (overseas territory of the UK)
Independence:
Definition Field Listing none (overseas territory of the UK)
National holiday:
Definition Field Listing Territory Day, 1 July (1956)
Constitution:
Definition Field Listing 13 June 2007
Legal system:
Definition Field Listing English law
Suffrage:
Definition Field Listing 18 years of age; universal
Executive branch:
Definition Field Listing chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor David PEAREY (since 18 April 2006)
head of government: Premier Ralph T. O'NEAL (since 23 August 2007)
cabinet: Executive Council appointed by the governor from members of the House of Assembly
elections: the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor
Legislative branch:
Definition Field Listing unicameral House of Assembly (13 elected seats and 1 non-voting ex officio member in the attorney general; members are elected by direct popular vote, 1 member from each of nine electoral districts, 4 at-large members; members serve four-year terms)
elections: last held 20 August 2007 (next to be held in 2011)
election results: percent of vote by party - VIP 45.2%, NDP 39.6%, independent 15.2%; seats by party - VIP 10, NDP 2, independent 1
Judicial branch:
Definition Field Listing Eastern Caribbean Supreme Court, consisting of the High Court of Justice and the Court of Appeal (one judge of the Supreme Court is a resident of the islands and presides over the High Court); Magistrate's Court; Juvenile Court; Court of Summary Jurisdiction
Political parties and leaders:
Definition Field Listing Concerned Citizens Movement or CCM [Ethlyn SMITH]; National Democratic Party or NDP [Orlando SMITH]; United Party or UP [Gregory MADURO]; Virgin Islands Party or VIP [Ralph T. O'NEAL]
Political pressure groups and leaders:
Definition Field Listing The Family Support Network; The Women's Desk
other: environmentalists
International organization participation:
Definition Field Listing Caricom (associate), CDB, Interpol (subbureau), IOC, OECS, UNESCO (associate), UPU
Diplomatic representation in the US:
Definition Field Listing none (overseas territory of the UK)
Diplomatic representation from the US:
Definition Field Listing none (overseas territory of the UK)
Flag description:
Definition Field Listing blue, with the flag of the UK in the upper hoist-side quadrant and the Virgin Islander coat of arms centered in the outer half of the flag; the coat of arms depicts a woman flanked on either side by a vertical column of six oil lamps above a scroll bearing the Latin word VIGILATE (Be Watchful)
   Economy    British Virgin Islands
Economy - overview:
Definition Field Listing The economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, generating an estimated 45% of the national income. An estimated 820,000 tourists, mainly from the US, visited the islands in 2005. In the mid-1980s, the government began offering offshore registration to companies wishing to incorporate in the islands, and incorporation fees now generate substantial revenues. Roughly 400,000 companies were on the offshore registry by yearend 2000. The adoption of a comprehensive insurance law in late 1994, which provides a blanket of confidentiality with regulated statutory gateways for investigation of criminal offenses, made the British Virgin Islands even more attractive to international business. Livestock raising is the most important agricultural activity; poor soils limit the islands' ability to meet domestic food requirements. Because of traditionally close links with the US Virgin Islands, the British Virgin Islands has used the US dollar as its currency since 1959.
GDP (purchasing power parity):
Definition Field Listing Rank Order $853.4 million (2004 est.)
GDP (official exchange rate):
Definition Field Listing $839.7 million (2003)
GDP - real growth rate:
Definition Field Listing Rank Order 1% (2002 est.)
GDP - per capita (PPP):
Definition Field Listing Rank Order $38,500 (2004 est.)
GDP - composition by sector:
Definition Field Listing agriculture: 1.8%
industry: 6.2%
services: 92% (1996 est.)
Labor force:
Definition Field Listing Rank Order 12,770 (2004)
Labor force - by occupation:
Definition Field Listing agriculture: 0.6%
industry: 40%
services: 59.4% (2005)
Unemployment rate:
Definition Field Listing Rank Order 3.6% (1997)
Population below poverty line:
Definition Field Listing NA%
Household income or consumption by percentage share:
Definition Field Listing lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
Definition Field Listing Rank Order 2% (2005)
Budget:
Definition Field Listing revenues: $204.7 million
expenditures: $180.4 million (2004)
Agriculture - products:
Definition Field Listing fruits, vegetables; livestock, poultry; fish
Industries:
Definition Field Listing tourism, light industry, construction, rum, concrete block, offshore financial center
Industrial production growth rate:
Definition Field Listing Rank Order NA%
Electricity - production:
Definition Field Listing Rank Order 45 million kWh (2005)
Electricity - consumption:
Definition Field Listing Rank Order 41.85 million kWh (2005)
Electricity - exports:
Definition Field Listing 0 kWh (2005)
Electricity - imports:
Definition Field Listing 0 kWh (2005)
Oil - production:
Definition Field Listing Rank Order 0 bbl/day (2005)
Oil - consumption:
Definition Field Listing Rank Order 600 bbl/day (2005 est.)
Oil - exports:
Definition Field Listing Rank Order 0 bbl/day (2004)
Oil - imports:
Definition Field Listing Rank Order 604.3 bbl/day (2004)
Oil - proved reserves:
Definition Field Listing Rank Order 0 bbl (1 January 2006 est.)
Natural gas - production:
Definition Field Listing Rank Order 0 cu m (2005 est.)
Natural gas - consumption:
Definition Field Listing Rank Order 0 cu m (2005 est.)
Natural gas - exports:
Definition Field Listing Rank Order 0 cu m (2005 est.)
Natural gas - imports:
Definition Field Listing Rank Order 0 cu m (2005)
Natural gas - proved reserves:
Definition Field Listing Rank Order 0 cu m (1 January 2006 est.)
Current account balance:
Definition Field Listing Rank Order $134.3 million (1999)
Exports:
Definition Field Listing Rank Order $25.3 million (2002)
Exports - commodities:
Definition Field Listing rum, fresh fish, fruits, animals; gravel, sand
Exports - partners:
Definition Field Listing Virgin Islands (US), Puerto Rico, US (2006)
Imports:
Definition Field Listing Rank Order $187 million (2002 est.)
Imports - commodities:
Definition Field Listing building materials, automobiles, foodstuffs, machinery
Imports - partners:
Definition Field Listing Virgin Islands (US), Puerto Rico, US (2006)
Economic aid - recipient:
Definition Field Listing $NA
Debt - external:
Definition Field Listing Rank Order $36.1 million (1997)
Currency (code):
Definition Field Listing US dollar (USD)
Exchange rates:
Definition Field Listing the US dollar is used
Fiscal year:
Definition Field Listing 1 April - 31 March
   Communications    British Virgin Islands
Telephones - main lines in use:
Definition Field Listing Rank Order 11,700 (2002)
Telephones - mobile cellular:
Definition Field Listing Rank Order 8,000 (2002)
Telephone system:
Definition Field Listing general assessment: worldwide telephone service
domestic: NA
international: country code - 1-284; connected via submarine cable to Bermuda; the East Caribbean Fiber System (ECFS) submarine cable provides connectivity to 13 other islands in the eastern Caribbean (2007)
Radio broadcast stations:
Definition Field Listing AM 1, FM 5, shortwave 0 (2004)
Television broadcast stations:
Definition Field Listing 1 (plus 1 cable company) (1997)
Internet country code:
Definition Field Listing .vg
Internet hosts:
Definition Field Listing Rank Order 490 (2007)
Internet users:
Definition Field Listing Rank Order 4,000 (2002)
   Transportation    British Virgin Islands
Airports:
Definition Field Listing Rank Order 3 (2007)
Airports - with paved runways:
Definition Field Listing total: 2
914 to 1,523 m: 1
under 914 m: 1 (2007)
Airports - with unpaved runways:
Definition Field Listing total: 1
914 to 1,523 m: 1 (2007)
Roadways:
Definition Field Listing Rank Order total: 200 km
paved: 200 km (2007)
Ports and terminals:
Definition Field Listing Road Town
   Military    British Virgin Islands
Manpower available for military service:
Definition Field Listing males age 16-49: 7,101 (2008 est.)
Manpower fit for military service:
Definition Field Listing males age 16-49: 5,921 (2008 est.)
Manpower reaching militarily significant age annually:
Definition Field Listing male: 184
female: 179 (2008 est.)
Military - note:
Definition Field Listing defense is the responsibility of the UK
   Transnational Issues    British Virgin Islands
Disputes - international:
Definition Field Listing none
Illicit drugs:
Definition Field Listing transshipment point for South American narcotics destined for the US and Europe; large offshore financial center makes it vulnerable to money laundering



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Source : CIA's World Fact Book 2008

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