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Compare British Virgin Islands (2002) - Cayman Islands (2003)

Compare British Virgin Islands (2002) z Cayman Islands (2003)

 British Virgin Islands (2002)Cayman Islands (2003)
 British Virgin IslandsCayman Islands
Administrative divisions none (overseas territory of the UK) 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western
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: 21.6% (male 4,525; female 4,541)


15-64 years: 70.6% (male 14,463; female 15,157)


65 years and over: 7.7% (male 1,515; female 1,733) (2003 est.)
Agriculture - products fruits, vegetables; livestock, poultry; fish vegetables, fruit; livestock, turtle farming
Airports 3 (2001) 3 (2002)
Airports - with paved runways total: 2


914 to 1,523 m: 1


under 914 m: 1 (2002)
total: 2


1,524 to 2,437 m: 2 (2002)
Airports - with unpaved runways total: 1


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


914 to 1,523 m: 1 (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: 262 sq km


land: 262 sq km


water: 0 sq km
Area - comparative about 0.9 times the size of Washington, DC 1.5 times the size of Washington, DC
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. The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica since 1863, they remained a British dependency after 1962 when the former became independent.
Birth rate 15.09 births/1,000 population (2002 est.) 13.33 births/1,000 population (2003 est.)
Budget revenues: $121.5 million


expenditures: $115.5 million, including capital expenditures of $NA (1997)
revenues: $265.2 million


expenditures: $248.9 million, including capital expenditures of $NA (1997)
Capital Road Town George Town
Climate subtropical; humid; temperatures moderated by trade winds tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April)
Coastline 80 km 160 km
Constitution 1 June 1977 1959, revised 1972 and 1992
Country name conventional long form: none


conventional short form: British Virgin Islands


abbreviation: BVI
conventional long form: none


conventional short form: Cayman Islands
Currency US dollar (USD) Caymanian dollar (KYD)
Death rate 4.42 deaths/1,000 population (2002 est.) 4.7 deaths/1,000 population (2003 est.)
Debt - external $36.1 million (1997) $70 million (1996)
Dependency status overseas territory of the UK; internal self-governing overseas territory of the UK
Diplomatic representation from the US none (overseas territory of the UK) none (overseas territory of the UK)
Diplomatic representation in the US none (overseas territory of the UK) none (overseas territory of the UK)
Disputes - international none none
Economic aid - recipient NA $NA
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. With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1998, including almost 600 banks and trust companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1.2 million in 1997, with 600,000 from the US. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world.
Electricity - consumption 39.1 million kWh (1999) 355.2 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) 381.9 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: The Bluff 43 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) no natural fresh water resources; drinking water supplies must be met by rainwater catchments
Ethnic groups black 83%, white, Indian, Asian and mixed mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20%
Exchange rates the US dollar is used Caymanian dollars per US dollar - 0.82 (29 October 2001), 0.83 (3 November 1995), 0.85 (22 November 1993)
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); Governor Bruce DINWIDDY (since 29 May 2002)


head of government: Chief Secretary W. McKeeva BUSH (since NA December 2001)


cabinet: Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly)


elections: none; the monarch is hereditary; the governor is appointed by the monarch; the chief secretary is appointed by the governor
Exports $6.2 million NA (2001)
Exports - commodities rum, fresh fish, fruits, animals; gravel, sand turtle products, manufactured consumer goods
Exports - partners Virgin Islands (US), Puerto Rico, US mostly US
Fiscal year 1 April - 31 March 1 April - 31 March
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) blue, with the flag of the UK in the upper hoist-side quadrant and the Caymanian coat of arms centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS
GDP purchasing power parity - $311 million (2000 est.) purchasing power parity - $1.27 billion (2002 est.)
GDP - composition by sector agriculture: 2%


industry: 6%


services: 92% (1996 est.)
agriculture: 1.4%


industry: 3.2%


services: 95.4% (1994 est.)
GDP - per capita purchasing power parity - $16,000 (2000 est.) purchasing power parity - $35,000 (2002 est.)
GDP - real growth rate 4.4% (2000 est.) 1.7% (2002 est.)
Geographic coordinates 18 30 N, 64 30 W 19 30 N, 80 30 W
Geography - note strong ties to nearby US Virgin Islands and Puerto Rico important location between Cuba and Central America
Highways total: 177 km


paved: 177 km


unpaved: 0 km (2000)
total: 785 km


paved: 785 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; large offshore financial center offshore financial center; vulnerable to drug transshipment to the US and Europe
Imports $230 million (2000 est.) NA (2001)
Imports - commodities building materials, automobiles, foodstuffs, machinery foodstuffs, manufactured goods
Imports - partners Virgin Islands (US), Puerto Rico, US US, Trinidad and Tobago, UK, Netherlands Antilles, Japan
Independence none (overseas territory of the UK) none (overseas territory of the UK)
Industrial production growth rate 4% (1985) NA%
Industries tourism, light industry, construction, rum, concrete block, offshore financial center tourism, banking, insurance and finance, construction, construction materials, furniture
Infant mortality rate 19.55 deaths/1,000 live births (2002 est.) total: 8.64 deaths/1,000 live births


male: 9.9 deaths/1,000 live births


female: 7.35 deaths/1,000 live births (2003 est.)
Inflation rate (consumer prices) 3.3% (2000) 2.8% (2002)
International organization participation Caricom (associate), CDB, ECLAC (associate), Interpol (subbureau), IOC, OECS (associate), UNESCO (associate) Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate)
Internet Service Providers (ISPs) 16 (2000) 16 (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 Summary Court; Grand Court; Cayman Islands Court of Appeal
Labor force 4,911 (1980) 19,820 (1995)
Labor force - by occupation agriculture NA%, industry NA%, services NA% agriculture 1.4%, industry 12.6%, services 86% (1995)
Land boundaries 0 km 0 km
Land use arable land: 20%


permanent crops: 6.67%


other: 73.33% (1998 est.)
arable land: 0%


permanent crops: 0%


other: 100% (1998 est.)
Languages English (official) English
Legal system English law British common law and local statutes
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
unicameral Legislative Assembly (18 seats, three appointed members from the Executive Council and 15 elected by popular vote; members serve four-year terms)


elections: last held 8 November 2000 (next to be held NA November 2004)


election results: percent of vote - NA%; seats - NA
Life expectancy at birth total population: 75.85 years


male: 74.9 years


female: 76.84 years (2002 est.)
total population: 79.67 years


male: 77.08 years


female: 82.3 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 has ever attended school


total population: 98%


male: 98%


female: 98% (1970 est.)
Location Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras
Map references Central America and the Caribbean Central America and the Caribbean
Maritime claims exclusive fishing zone: 200 NM


territorial sea: 3 NM
exclusive fishing 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: 123 ships (1,000 GRT or over) 2,402,058 GRT/3,792,094 DWT


ships by type: bulk 22, cargo 5, chemical tanker 31, container 2, liquefied gas 1, petroleum tanker 21, refrigerated cargo 35, roll on/roll off 5, specialized tanker 1


note: includes some foreign-owned ships registered here as a flag of convenience: Bahrain 2, China 1, Germany 4, Greece 27, Hong Kong 3, Italy 2, Japan 1, Norway 14, Sweden 13, United Kingdom 15, United States 35 (2002 est.)
Military - note defense is the responsibility of the UK defense is the responsibility of the UK
Military branches - no regular indigenous military forces; Royal Cayman Islands Police Force (RCIPF)
National holiday Territory Day, 1 July Constitution Day, first Monday in July
Nationality noun: British Virgin Islander(s)


adjective: British Virgin Islander
noun: Caymanian(s)


adjective: Caymanian
Natural hazards hurricanes and tropical storms (July to October) hurricanes (July to November)
Natural resources NEGL fish, climate and beaches that foster tourism
Net migration rate 10.91 migrant(s)/1,000 population (2002 est.) 19.27 migrant(s)/1,000 population


note: major destination for Cubans trying to migrate to the US (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] there are no formal political parties but the following loose groupings act as political organizations; National Team [leader NA]; Democratic Alliance [leader NA]; Team Cayman [leader NA]; United Democratic Party [leader NA]
Political pressure groups and leaders NA NA
Population 21,272 (July 2002 est.) 41,934 (July 2003 est.)
Population below poverty line NA% NA%
Population growth rate 2.16% (2002 est.) 2.79% (2003 est.)
Ports and harbors Road Town Cayman Brac, George Town
Radio broadcast stations AM 1, FM 4, shortwave 0 (1998) AM 1, FM 5, 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) United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic
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: 0.95 male(s)/female


65 years and over: 0.87 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: NA


domestic: NA


international: 1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean)
Telephones - main lines in use 10,000 (1996) 19,000 (1995)
Telephones - mobile cellular NA 2,534 (1995)
Television broadcast stations 1 (plus one cable company) (1997) 1 with cable system
Terrain coral islands relatively flat; volcanic islands steep, hilly low-lying limestone base surrounded by coral reefs
Total fertility rate 1.72 children born/woman (2002 est.) 1.91 children born/woman (2003 est.)
Unemployment rate 3% (1995) 4.1% (1997)
Waterways none none
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