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Compare British Virgin Islands (2002) - Bahamas, The (2003)

Compare British Virgin Islands (2002) z Bahamas, The (2003)

 British Virgin Islands (2002)Bahamas, The (2003)
 British Virgin IslandsBahamas, The
Administrative divisions none (overseas territory of the UK) 21 districts; Acklins and Crooked Islands, Bimini, Cat Island, Exuma, Freeport, Fresh Creek, Governor's Harbour, Green Turtle Cay, Harbour Island, High Rock, Inagua, Kemps Bay, Long Island, Marsh Harbour, Mayaguana, New Providence, Nichollstown and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay
Age structure 0-14 years: 22.4% (male 2,401; female 2,351)


15-64 years: 72.7% (male 7,962; female 7,509)


65 years and over: 4.9% (male 565; female 484) (2002 est.)
0-14 years: 28.8% (male 42,799; female 42,730)


15-64 years: 65.4% (male 95,718; female 98,875)


65 years and over: 5.8% (male 7,092; female 10,263) (2003 est.)
Agriculture - products fruits, vegetables; livestock, poultry; fish citrus, vegetables; poultry
Airports 3 (2001) 64 (2002)
Airports - with paved runways total: 2


914 to 1,523 m: 1


under 914 m: 1 (2002)
total: 30


over 3,047 m: 2


2,438 to 3,047 m: 3


1,524 to 2,437 m: 12


914 to 1,523 m: 11


under 914 m: 2 (2002)
Airports - with unpaved runways total: 1


914 to 1,523 m: 1 (2002)
total: 34


1,524 to 2,437 m: 3


914 to 1,523 m: 9


under 914 m: 22 (2002)
Area 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
total: 13,940 sq km


land: 10,070 sq km


water: 3,870 sq km
Area - comparative about 0.9 times the size of Washington, DC slightly smaller than Connecticut
Background 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. Arawak Indians inhabited the islands when Christopher Columbus first set foot in the New World on San Salvador in 1492. British settlement of the islands began in 1647; the islands became a colony in 1783. Since attaining independence from the UK in 1973, The Bahamas have prospered through tourism and international banking and investment management. Because of its geography, the country is a major transshipment point for illegal drugs, particularly shipments to the US, and its territory is used for smuggling illegal migrants into the US.
Birth rate 15.09 births/1,000 population (2002 est.) 18.57 births/1,000 population (2003 est.)
Budget revenues: $121.5 million


expenditures: $115.5 million, including capital expenditures of $NA (1997)
revenues: $918.5 million


expenditures: $956.5 million, including capital expenditures of $106.7 million (FY 99/00)
Capital Road Town Nassau
Climate subtropical; humid; temperatures moderated by trade winds tropical marine; moderated by warm waters of Gulf Stream
Coastline 80 km 3,542 km
Constitution 1 June 1977 10 July 1973
Country name conventional long form: none


conventional short form: British Virgin Islands


abbreviation: BVI
conventional long form: Commonwealth of The Bahamas


conventional short form: The Bahamas
Currency US dollar (USD) Bahamian dollar (BSD)
Death rate 4.42 deaths/1,000 population (2002 est.) 8.68 deaths/1,000 population (2003 est.)
Debt - external $36.1 million (1997) $371.6 million (2001)
Dependency status overseas territory of the UK; internal self-governing -
Diplomatic representation from the US none (overseas territory of the UK) chief of mission: Ambassador (vacant); Charge d'Affairs Robert M. WITAJEWSKI


embassy: 42 Queen Street, Nassau


mailing address: local or express mail address: P. O. Box N-8197, Nassau; Department of State, 3370 Nassau Place, Washington, DC 20521-3370


telephone: [1] (242) 322-1181, 328-2206 (after hours)


FAX: [1] (242) 356-0222
Diplomatic representation in the US none (overseas territory of the UK) chief of mission: Ambassador Joshua SEARS


chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 319-2660


FAX: [1] (202) 319-2668


consulate(s) general: Miami and New York
Disputes - international none have not been able to agree on a maritime boundary with the US
Economic aid - recipient NA $9.8 million (1995)
Economy - overview 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. 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. The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking. Tourism alone accounts for more than 60% of GDP and directly or indirectly employs half of the archipelago's labor force. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth in recent years, but the slowdown in the US economy and the attacks of 11 September 2001 held back growth in these sectors in 2002. Manufacturing and agriculture together contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector, which depends on growth in the US, the source of most of the visitors.
Electricity - consumption 39.1 million kWh (1999) 1.451 billion kWh (2001)
Electricity - exports 0 kWh (1999) 0 kWh (2001)
Electricity - imports 0 kWh (1999) 0 kWh (2001)
Electricity - production 42 million kWh (1999) 1.56 billion 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: Atlantic Ocean 0 m


highest point: Mount Alvernia, on Cat Island 63 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 catchments) coral reef decay; solid waste disposal
Environment - international agreements - party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Wetlands


signed, but not ratified: none of the selected agreements
Ethnic groups black 83%, white, Indian, Asian and mixed black 85%, white 12%, Asian and Hispanic 3%
Exchange rates the US dollar is used Bahamian dollars per US dollar - 1 (2002), 1 (2001), 1 (2000), 1 (1999), 1 (1998)
Executive branch chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Tom MACAN (since 14 October 2002)


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; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed chief minister by the governor
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor General Ivy DUMONT (since NA May 2002)


head of government: Prime Minister Perry CHRISTIE (since 3 May 2002) and Deputy Prime Minister Cynthia PRATT (since 7 May 2002)


cabinet: Cabinet appointed by the governor general on the prime minister's recommendation


elections: none; the monarch is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the governor general; the prime minister recommends the deputy prime minister
Exports $6.2 million NA (2001)
Exports - commodities rum, fresh fish, fruits, animals; gravel, sand fish and crawfish; rum, salt, chemicals; fruit and vegetables
Exports - partners Virgin Islands (US), Puerto Rico, US US 39.1%, Germany 15.4%, Spain 10.8%, France 7.4%, Poland 4.6%, Switzerland 4.3% (2002)
Fiscal year 1 April - 31 March 1 July - 30 June
Flag description 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) three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side
GDP purchasing power parity - $311 million (2000 est.) purchasing power parity - $4.59 billion (2002 est.)
GDP - composition by sector agriculture: 2%


industry: 6%


services: 92% (1996 est.)
agriculture: 3%


industry: 7%


services: 90% (1999 est.)
GDP - per capita purchasing power parity - $16,000 (2000 est.) purchasing power parity - $15,300 (2002 est.)
GDP - real growth rate 4.4% (2000 est.) 0.1% (2002 est.)
Geographic coordinates 18 30 N, 64 30 W 24 15 N, 76 00 W
Geography - note strong ties to nearby US Virgin Islands and Puerto Rico strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited
Heliports - 1 (2002)
Highways total: 177 km


paved: 177 km


unpaved: 0 km (2000)
total: 2,693 km


paved: 1,546 km


unpaved: 1,147 km (1999 est.)
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; large offshore financial center transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center
Imports $230 million (2000 est.) NA (2001)
Imports - commodities building materials, automobiles, foodstuffs, machinery machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals
Imports - partners Virgin Islands (US), Puerto Rico, US US 20.3%, South Korea 20.1%, Germany 11.5%, Norway 11.5%, Japan 10%, Italy 7.2% (2002)
Independence none (overseas territory of the UK) 10 July 1973 (from UK)
Industrial production growth rate 4% (1985) NA%
Industries tourism, light industry, construction, rum, concrete block, offshore financial center tourism, banking, e-commerce, cement, oil refining and transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Infant mortality rate 19.55 deaths/1,000 live births (2002 est.) total: 26.21 deaths/1,000 live births


male: 32.45 deaths/1,000 live births


female: 19.83 deaths/1,000 live births (2003 est.)
Inflation rate (consumer prices) 3.3% (2000) 1.8% (2001 est.)
International organization participation Caricom (associate), CDB, ECLAC (associate), Interpol (subbureau), IOC, OECS (associate), UNESCO (associate) ACP, C, Caricom, CDB, ECLAC, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITU, LAES, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WTrO (observer)
Internet Service Providers (ISPs) 16 (2000) 19 (2000)
Irrigated land NA sq km NA sq km
Judicial branch 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 Supreme Court; Court of Appeal; magistrates courts
Labor force 4,911 (1980) 156,000 (1999)
Labor force - by occupation agriculture NA%, industry NA%, services NA% tourism 50%, other services 40%, industry 5%, agriculture 5% (1999 est.)
Land boundaries 0 km 0 km
Land use arable land: 20%


permanent crops: 6.67%


other: 73.33% (1998 est.)
arable land: 0.6%


permanent crops: 0.4%


other: 99% (1998 est.)
Languages English (official) English (official), Creole (among Haitian immigrants)
Legal system English law based on English common law
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 four-year terms)


elections: last held 17 May 1999 (next to be held NA 2003)


election results: percent of vote by party - NA%; seats by party - VIP 7, CCM 1, NDP 5
bicameral Parliament consists of the Senate (16-member body appointed by the governor general upon the advice of the prime minister and the opposition leader for five-year terms) and the House of Assembly (40 seats; members elected by direct popular vote to serve five-year terms)


elections: last held 1 May 2002 (next to be held by May 2007)


election results: percent of vote by party - PLP 50.8%, FNM 41.1%, independents 5.2%; seats by party - PLP 29, FNM 7, independents 4
Life expectancy at birth total population: 75.85 years


male: 74.9 years


female: 76.84 years (2002 est.)
total population: 65.71 years


male: 62.3 years


female: 69.18 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: 95.6%


male: 94.7%


female: 96.5% (2003 est.)
Location Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba
Map references Central America and the Caribbean Central America and the Caribbean
Maritime claims exclusive fishing zone: 200 NM


territorial sea: 3 NM
exclusive economic zone: 200 NM


territorial sea: 12 NM
Merchant marine total: 1 ship (1,000 GRT or over) totaling 70,285 GRT/6,946 DWT


ships by type: passenger 1 (2002 est.)
total: 1,090 ships (1,000 GRT or over) 33,065,778 GRT/46,202,085 DWT


ships by type: bulk 150, cargo 223, chemical tanker 45, combination bulk 12, combination ore/oil 18, container 108, liquefied gas 26, livestock carrier 2, multi-functional large-load carrier 8, passenger 102, passenger/cargo 1, petroleum tanker 178, refrigerated cargo 135, roll on/roll off 40, short-sea passenger 17, specialized tanker 2, vehicle carrier 23


note: includes some foreign-owned ships registered here as a flag of convenience: Angola 1, Argentina 1, Australia 4, Belgium 18, Bermuda 1, Canada 5, Chile 1, China 3, Croatia 2, Cuba 3, Cyprus 2, Denmark 27, Ecuador 1, Estonia 2, Finland 9, France 15, Germany 26, Greece 173, Hong Kong 6, India 2, Indonesia 2, Ireland 1, Israel 3, Italy 9, Jamaica 1, Japan 32, Kenya 3, Malaysia 10, Malta 2, Monaco 67, Netherlands 32, New Zealand 2, Norway 237, Panama 2, Philippines 3, Poland 13, Reunion 1, Russia 6, Saudi Arabia 9, Singapore 13, Slovenia 1, South Korea 2, Spain 7, Sweden 12, Switzerland 8, Thailand 1, Trinidad and Tobago 2, Turkey 2, Ukraine 2, United Arab Emirates 10, United Kingdom 107, United States 159, Uruguay 1 (2002 est.)
Military - note defense is the responsibility of the UK -
Military branches - Royal Bahamas Defense Force (Coast Guard only), Royal Bahamas Police Force
Military expenditures - dollar figure - $20 million (FY95/96)
Military expenditures - percent of GDP - 0.7% (FY99)
National holiday Territory Day, 1 July Independence Day, 10 July (1973)
Nationality noun: British Virgin Islander(s)


adjective: British Virgin Islander
noun: Bahamian(s)


adjective: Bahamian
Natural hazards hurricanes and tropical storms (July to October) hurricanes and other tropical storms cause extensive flood and wind damage
Natural resources NEGL salt, aragonite, timber, arable land
Net migration rate 10.91 migrant(s)/1,000 population (2002 est.) -2.21 migrant(s)/1,000 population (2003 est.)
Political parties and leaders 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] Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE]
Political pressure groups and leaders NA NA
Population 21,272 (July 2002 est.) 297,477


note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2003 est.)
Population below poverty line NA% NA%
Population growth rate 2.16% (2002 est.) 0.77% (2003 est.)
Ports and harbors Road Town Freeport, Matthew Town, Nassau
Radio broadcast stations AM 1, FM 4, shortwave 0 (1998) AM 3, FM 4, shortwave 0 (1998)
Radios 9,000 (1997) -
Railways 0 km 0 km
Religions Protestant 86% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, Jehovah's Witnesses 2%, other 2%), Roman Catholic 10%, none 2%, other 2% (1991) Baptist 32%, Anglican 20%, Roman Catholic 19%, Methodist 6%, Church of God 6%, other Protestant 12%, none or unknown 3%, other 2%
Sex ratio at birth: 1.04 male(s)/female


under 15 years: 1.02 male(s)/female


15-64 years: 1.06 male(s)/female


65 years and over: 1.17 male(s)/female


total population: 1.06 male(s)/female (2002 est.)
at birth: 1.02 male(s)/female


under 15 years: 1 male(s)/female


15-64 years: 0.97 male(s)/female


65 years and over: 0.69 male(s)/female


total population: 0.96 male(s)/female (2003 est.)
Suffrage 18 years of age; universal 18 years of age; universal
Telephone system general assessment: worldwide telephone service


domestic: NA


international: submarine cable to Bermuda
general assessment: modern facilities


domestic: totally automatic system; highly developed


international: tropospheric scatter and submarine cable to Florida; 3 coaxial submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean) (1997)
Telephones - main lines in use 10,000 (1996) 96,000 (1997)
Telephones - mobile cellular NA 6,152 (1997)
Television broadcast stations 1 (plus one cable company) (1997) 1 (1997)
Terrain coral islands relatively flat; volcanic islands steep, hilly long, flat coral formations with some low rounded hills
Total fertility rate 1.72 children born/woman (2002 est.) 2.25 children born/woman (2003 est.)
Unemployment rate 3% (1995) 6.9% (2001 est.)
Waterways none none
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