British Virgin Islands (2001) | British Virgin Islands (2003) | |
Age structure | 0-14 years:
22.77% (male 2,399; female 2,339) 15-64 years: 72.31% (male 7,741; female 7,309) 65 years and over: 4.92% (male 555; female 469) (2001 est.) |
0-14 years: 21.9% (male 2,401; female 2,358)
15-64 years: 73.1% (male 8,181; female 7,709) 65 years and over: 5% (male 578; female 503) (2003 est.) |
Airports | 3 (2000 est.) | 3 (2002) |
Airports - with paved runways | total:
2 914 to 1,523 m: 1 under 914 m: 1 (2000 est.) |
total: 2
914 to 1,523 m: 1 under 914 m: 1 (2002) |
Airports - with unpaved runways | total:
1 914 to 1,523 m: 1 (2000 est.) |
total: 1
914 to 1,523 m: 1 (2002) |
Area | total:
150 sq km land: 150 sq km water: 0 sq km note: includes the island of Anegada |
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 island of Anegada |
Background | First settled by the Dutch in 1648, the islands were soon after (1672) annexed by the English. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency. | First settled by the Dutch in 1648, the islands were annexed in 1672 by the English. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency. |
Birth rate | 15.18 births/1,000 population (2001 est.) | 15 births/1,000 population (2003 est.) |
Budget | revenues:
$121.5 million expenditures: $115.5 million, including capital expenditures of $NA (1997) |
revenues: $121.5 million
expenditures: $115.5 million, including capital expenditures of $NA (1997) |
Country name | conventional long form:
none conventional short form: British Virgin Islands abbreviation: BVI |
conventional long form: none
conventional short form: British Virgin Islands abbreviation: BVI |
Death rate | 4.42 deaths/1,000 population (2001 est.) | 4.46 deaths/1,000 population (2003 est.) |
Dependency status | overseas territory of the UK | overseas territory of the UK; internal self-governing |
Economic aid - recipient | $2.6 million (1995) | NA% |
Economy - overview | The economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, which generates an estimated 45% of the national income. An estimated 350,000 tourists, mainly from the US, visited the islands in 1997. 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. An estimated 250,000 companies were on the offshore registry by yearend 1997. 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, is expected to make 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 dollar as its currency since 1959. | 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 350,000 tourists, mainly from the US, visited the islands in 1998. Tourism suffered in 2002 because of the lackluster US economy. 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, is expected to make 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 dollar as its currency since 1959. |
Electricity - consumption | 39.1 million kWh (1999) | 35.43 million kWh (2001) |
Electricity - exports | 0 kWh (1999) | 0 kWh (2001) |
Electricity - imports | 0 kWh (1999) | 0 kWh (2001) |
Electricity - production | 42 million kWh (1999) | 38.1 million kWh (2001) |
Electricity - production by source | fossil fuel:
100% hydro: 0% nuclear: 0% other: 0% (1999) |
fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (2001) |
Elevation extremes | lowest point:
Caribbean Sea 0 m highest point: Mount Sage 521 m |
lowest point: Caribbean Sea 0 m
highest point: Mount Sage 521 m |
Environment - current issues | 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 catchment) | 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) |
Ethnic groups | black 90%, white, Asian | black 83%, white, Indian, Asian and mixed |
Executive branch | chief of state:
Queen ELIZABETH II (since 6 February 1952), represented by Governor Francis J. SAVAGE (since NA) head of government: Chief Minister Ralph T. O'NEAL (since 15 May 1995) cabinet: Executive Council appointed by the governor from members of the Legislative Council elections: none; the monarch is hereditary; governor appointed by the monarch; chief minister appointed by the governor from among the members of the Legislative Council |
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Tom MACAN (since 14 October 2002)
head of government: Chief Minister Orlando SMITH (since 17 June 2003) cabinet: Executive Council appointed by the governor from members of the Legislative Council elections: none; 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 chief minister by the governor |
Exports | $6.2 million (2000 est.) | NA (2001) |
GDP | purchasing power parity - $311 million (2000 est.) | purchasing power parity - $320 million (2002 est.) |
GDP - composition by sector | agriculture:
1.8% industry: 6.2% services: 92% (1996 est.) |
agriculture: 1.8%
industry: 6.2% services: 92% (1996 est.) |
GDP - per capita | purchasing power parity - $16,000 (2000 est.) | purchasing power parity - $16,000 (2002 est.) |
GDP - real growth rate | 6% (2000 est.) | 1% (2002 est.) |
Highways | total:
132 km paved: 132 km unpaved: 0 km (1997) |
total: 177 km
paved: 177 km unpaved: 0 km (2000) |
Household income or consumption by percentage share | lowest 10%:
NA% highest 10%: NA% |
lowest 10%: NA%
highest 10%: NA% |
Illicit drugs | transshipment point for South American narcotics destined for the US and Europe | transshipment point for South American narcotics destined for the US and Europe; large offshore financial center |
Imports | $220 million (2000 est.) | NA (2001) |
Industrial production growth rate | 4% (1985) | NA |
Infant mortality rate | 20.3 deaths/1,000 live births (2001 est.) | total: 18.8 deaths/1,000 live births
male: 21.86 deaths/1,000 live births female: 15.6 deaths/1,000 live births (2003 est.) |
Inflation rate (consumer prices) | 2% (2000) | 2.5% (2002) |
Land use | arable land:
20% permanent crops: 7% permanent pastures: 33% forests and woodland: 7% other: 33% (1993 est.) |
arable land: 20%
permanent crops: 6.67% other: 73.33% (1998 est.) |
Legislative branch | unicameral Legislative Council (13 seats; members are elected by direct popular vote, one member from each of 9 electoral districts, four at-large members; members serve five-year terms)
elections: last held 17 May 1999 (next to be held NA 2004) election results: percent of vote by party - NA%; seats by party - VIP 7, CCM 1, NDP 5 |
unicameral Legislative Council (13 seats; members are elected by direct popular vote, one member from each of 9 electoral districts, four at-large members; members serve four-year terms)
elections: last held 16 May 2003 (next to be held NA 2007) election results: percent of vote by party - NA%; seats by party - NDP 8, VIP 5 |
Life expectancy at birth | total population:
75.64 years male: 74.74 years female: 76.59 years (2001 est.) |
total population: 76.06 years
male: 75.07 years female: 77.1 years (2003 est.) |
Literacy | definition:
age 15 and over can read and write total population: 97.8% (1991 est.) male: NA% female: NA% |
definition: age 15 and over can read and write
total population: 97.8% (1991 est.) male: NA% female: NA% |
Maritime claims | exclusive fishing zone:
200 NM territorial sea: 3 NM |
exclusive fishing zone: 200 NM
territorial sea: 3 NM |
Merchant marine | total:
1 ship (1,000 GRT or over) totaling 70,285 GRT/6,946 DWT ships by type: passenger 1 (2000 est.) |
total: 1 ship (1,000 GRT or over) 19,203 GRT/28,864 DWT
ships by type: cargo 1 (2002 est.) |
Nationality | noun:
British Virgin Islander(s) adjective: British Virgin Islander |
noun: British Virgin Islander(s)
adjective: British Virgin Islander |
Net migration rate | 11.39 migrant(s)/1,000 population (2001 est.) | 10.45 migrant(s)/1,000 population (2003 est.) |
Population | 20,812 (July 2001 est.) | 21,730 (July 2003 est.) |
Population growth rate | 2.22% (2001 est.) | 2.1% (2003 est.) |
Radios | 9,000 (1997) | - |
Religions | Protestant 86% (Methodist 45%, Anglican 21%, Church of God 7%, Seventh-Day Adventist 5%, Baptist 4%, Jehovah's Witnesses 2%, other 2%), Roman Catholic 6%, none 2%, other 6% (1981) | 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%, none 2%, other 2% (1991) |
Sex ratio | at birth:
1.05 male(s)/female under 15 years: 1.03 male(s)/female 15-64 years: 1.06 male(s)/female 65 years and over: 1.18 male(s)/female total population: 1.06 male(s)/female (2001 est.) |
at birth: 1.05 male(s)/female
under 15 years: 1.02 male(s)/female 15-64 years: 1.06 male(s)/female 65 years and over: 1.15 male(s)/female total population: 1.06 male(s)/female (2003 est.) |
Telephone system | general assessment:
worldwide telephone service domestic: NA international: submarine cable to Bermuda |
general assessment: worldwide telephone service
domestic: NA international: submarine cable to Bermuda |
Total fertility rate | 1.72 children born/woman (2001 est.) | 1.72 children born/woman (2003 est.) |