British Virgin Islands (2002) | Falkland Islands (Islas Malvinas) (2005) | |
Administrative divisions | none (overseas territory of the UK) | none (overseas territory of the UK; also claimed by Argentina) |
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: NA
15-64 years: NA 65 years and over: NA (2005 est.) |
Agriculture - products | fruits, vegetables; livestock, poultry; fish | fodder and vegetable crops; sheep, dairy products |
Airports | 3 (2001) | 5 (2004 est.) |
Airports - with paved runways | total: 2
914 to 1,523 m: 1 under 914 m: 1 (2002) |
total: 2
2,438 to 3,047 m: 1 under 914 m: 1 (2004 est.) |
Airports - with unpaved runways | total: 1
914 to 1,523 m: 1 (2002) |
total: 3
under 914 m: 3 (2004 est.) |
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: 12,173 sq km
land: 12,173 sq km water: 0 sq km note: includes the two main islands of East and West Falkland and about 200 small islands |
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. | Although first sighted by an English navigator in 1592, the first landing (English) did not occur until almost a century later in 1690, and the first settlement (French) was not established until 1764. The colony was turned over to Spain two years later and the islands have since been the subject of a territorial dispute, first between Britain and Spain, then between Britain and Argentina. The UK asserted its claim to the islands by establishing a naval garrison there in 1833. Argentina invaded the islands on 2 April 1982. The British responded with an expeditionary force that landed seven weeks later and after fierce fighting forced Argentine surrender on 14 June 1982. |
Birth rate | 15.09 births/1,000 population (2002 est.) | NA births/1,000 population (2005 est.) |
Budget | revenues: $121.5 million
expenditures: $115.5 million, including capital expenditures of $NA (1997) |
revenues: $66.2 million
expenditures: $67.9 million, including capital expenditures of $23.2 million (FY98/99 est.) |
Capital | Road Town | Stanley |
Climate | subtropical; humid; temperatures moderated by trade winds | cold marine; strong westerly winds, cloudy, humid; rain occurs on more than half of days in year; average annual rainfall is 24 inches in Stanley; occasional snow all year, except in January and February, but does not accumulate |
Coastline | 80 km | 1,288 km |
Constitution | 1 June 1977 | 3 October 1985; amended 1997 and 1998 |
Country name | conventional long form: none
conventional short form: British Virgin Islands abbreviation: BVI |
conventional long form: none
conventional short form: Falkland Islands (Islas Malvinas) |
Currency | US dollar (USD) | - |
Death rate | 4.42 deaths/1,000 population (2002 est.) | NA deaths/1,000 population (2005 est.) |
Debt - external | $36.1 million (1997) | $NA |
Dependency status | overseas territory of the UK; internal self-governing | overseas territory of the UK; also claimed by Argentina |
Diplomatic representation from the US | none (overseas territory of the UK) | none (overseas territory of the UK; also claimed by Argentina) |
Diplomatic representation in the US | none (overseas territory of the UK) | none (overseas territory of the UK; also claimed by Argentina) |
Disputes - international | none | Argentina, which claims the islands in its constitution and briefly occupied the islands by force in 1982, agreed in 1995 to no longer seek settlement by force; UK continues to reject Argentine requests for sovereignty talks |
Economic aid - recipient | NA | $0 (1997 est.) |
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 economy was formerly based on agriculture, mainly sheep farming, but today fishing contributes the bulk of economic activity. In 1987 the government began selling fishing licenses to foreign trawlers operating within the Falklands exclusive fishing zone. These license fees total more than $40 million per year, which goes to support the island's health, education, and welfare system. Squid accounts for 75% of the fish taken. Dairy farming supports domestic consumption; crops furnish winter fodder. Exports feature shipments of high-grade wool to the UK and the sale of postage stamps and coins. The islands are now self-financing except for defense. The British Geological Survey announced a 200-mile oil exploration zone around the islands in 1993, and early seismic surveys suggest substantial reserves capable of producing 500,000 barrels per day; to date no exploitable site has been identified. An agreement between Argentina and the UK in 1995 seeks to defuse licensing and sovereignty conflicts that would dampen foreign interest in exploiting potential oil reserves. Tourism, especially eco-tourism, is increasing rapidly, with about 30,000 visitors in 2001. Another large source of income is interest paid on money the government has in the bank. The British military presence also provides a sizeable economic boost. |
Electricity - consumption | 39.1 million kWh (1999) | 17.72 million kWh (2002) |
Electricity - exports | 0 kWh (1999) | 0 kWh (2002) |
Electricity - imports | 0 kWh (1999) | 0 kWh (2002) |
Electricity - production | 42 million kWh (1999) | 19.06 million kWh (2002) |
Electricity - production by source | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (1999) |
- |
Elevation extremes | lowest point: Caribbean Sea 0 m
highest point: Mount Sage 521 m |
lowest point: Atlantic Ocean 0 m
highest point: Mount Usborne 705 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) | overfishing by unlicensed vessels is a problem; reindeer were introduced to the islands in 2001 for commercial reasons; this is the only commercial reindeer herd in the world unaffected by the Chornobyl disaster |
Ethnic groups | black 83%, white, Indian, Asian and mixed | British |
Exchange rates | the US dollar is used | Falkland pounds per US dollar - 0.5462 (2004), 0.6125 (2003), 0.6672 (2002), 0.6947 (2001), 0.6609 (2000)
note: the Falkland pound is at par with the British pound |
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)
head of government: Governor Howard PEARCE (since 3 December 2002); Chief Executive Chris SIMPKINS (since NA March 2003); Financial Secretary Derek F. HOWATT (since NA) cabinet: Executive Council; three members elected by the Legislative Council, two ex officio members (chief executive and the financial secretary), and the governor elections: none; the monarchy is hereditary; governor appointed by the monarch |
Exports | $6.2 million | NA |
Exports - commodities | rum, fresh fish, fruits, animals; gravel, sand | wool, hides, meat |
Exports - partners | Virgin Islands (US), Puerto Rico, US | Spain 77.4%, UK 9.4%, US 4.9% (2004) |
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 Falkland Island coat of arms centered on the outer half of the flag; the coat of arms contains a white ram (sheep raising was once the major economic activity) above the sailing ship Desire (whose crew discovered the islands) with a scroll at the bottom bearing the motto DESIRE THE RIGHT |
GDP | purchasing power parity - $311 million (2000 est.) | - |
GDP - composition by sector | agriculture: 2%
industry: 6% services: 92% (1996 est.) |
agriculture: NA%
industry: NA% services: NA% |
GDP - per capita | purchasing power parity - $16,000 (2000 est.) | purchasing power parity - $25,000 (2002 est.) |
GDP - real growth rate | 4.4% (2000 est.) | NA% |
Geographic coordinates | 18 30 N, 64 30 W | 51 45 S, 59 00 W |
Geography - note | strong ties to nearby US Virgin Islands and Puerto Rico | deeply indented coast provides good natural harbors; short growing season |
Highways | total: 177 km
paved: 177 km unpaved: 0 km (2000) |
total: 440 km
paved: 50 km unpaved: 390 km (2002) |
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 | - |
Imports | $230 million (2000 est.) | NA |
Imports - commodities | building materials, automobiles, foodstuffs, machinery | fuel, food and drink, building materials, clothing |
Imports - partners | Virgin Islands (US), Puerto Rico, US | UK 63.2%, Spain 30.3%, France 3.6% (2004) |
Independence | none (overseas territory of the UK) | none (overseas territory of the UK; also claimed by Argentina) |
Industrial production growth rate | 4% (1985) | NA% |
Industries | tourism, light industry, construction, rum, concrete block, offshore financial center | fish and wool processing; tourism |
Infant mortality rate | 19.55 deaths/1,000 live births (2002 est.) | total: NA
male: NA female: NA (2005 est.) |
Inflation rate (consumer prices) | 3.3% (2000) | 3.6% (1998) |
International organization participation | Caricom (associate), CDB, ECLAC (associate), Interpol (subbureau), IOC, OECS (associate), UNESCO (associate) | ICFTU, UPU |
Internet Service Providers (ISPs) | 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 | Supreme Court (chief justice is a nonresident); Magistrates Court (senior magistrate presides over civil and criminal divisions); Court of Summary Jurisdiction |
Labor force | 4,911 (1980) | 1,100 (est.) |
Labor force - by occupation | agriculture NA%, industry NA%, services NA% | agriculture 95% (mostly sheepherding and fishing) |
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% (99% permanent pastures, 1% other) (2001) |
Languages | English (official) | English |
Legal system | English law | 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 |
unicameral Legislative Council (10 seats - 2 ex officio, 8 elected by popular vote, members serve four-year terms); presided over by the governor
elections: last held 22 November 2001 (next to be held November 2005) election results: percent of vote - NA%; seats - independents 8; note - 71% voter turnout |
Life expectancy at birth | total population: 75.85 years
male: 74.9 years female: 76.84 years (2002 est.) |
total population: NA years
male: NA years female: NA years (2005 est.) |
Literacy | definition: age 15 and over can read and write
total population: 97.8% (1991 est.) male: NA% female: NA% |
- |
Location | Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico | Southern South America, islands in the South Atlantic Ocean, east of southern Argentina |
Map references | Central America and the Caribbean | South America |
Maritime claims | exclusive fishing zone: 200 NM
territorial sea: 3 NM |
territorial sea: 12 nm
continental shelf: 200 nm exclusive fishing zone: 200 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.) |
none |
Military - note | defense is the responsibility of the UK | defense is the responsibility of the UK |
Military branches | - | no regular military forces |
Military expenditures - dollar figure | - | NA |
Military expenditures - percent of GDP | - | NA |
National holiday | Territory Day, 1 July | Liberation Day, 14 June (1982) |
Nationality | noun: British Virgin Islander(s)
adjective: British Virgin Islander |
noun: Falkland Islander(s)
adjective: Falkland Island |
Natural hazards | hurricanes and tropical storms (July to October) | strong winds persist throughout the year |
Natural resources | NEGL | fish, squid, wildlife, calcified seaweed, sphagnum moss |
Net migration rate | 10.91 migrant(s)/1,000 population (2002 est.) | NA migrant(s)/1,000 population (2005 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] | none; all independents |
Political pressure groups and leaders | NA | none |
Population | 21,272 (July 2002 est.) | 2,967 (July 2005 est.) |
Population below poverty line | NA% | NA |
Population growth rate | 2.16% (2002 est.) | 2.44% (2005 est.) |
Ports and harbors | Road Town | Stanley |
Radio broadcast stations | AM 1, FM 4, shortwave 0 (1998) | AM 1, FM 7, shortwave 0 (1998) |
Radios | 9,000 (1997) | - |
Railways | 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) | primarily Anglican, Roman Catholic, United Free Church, Evangelist Church, Jehovah's Witnesses, Lutheran, Seventh-Day Adventist |
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.) |
- |
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: government-operated radiotelephone and private VHF/CB radiotelephone networks provide effective service to almost all points on both islands international: country code - 500; satellite earth station - 1 Intelsat (Atlantic Ocean) with links through London to other countries |
Telephones - main lines in use | 10,000 (1996) | 2,400 (2002) |
Telephones - mobile cellular | NA | 0 (2001) |
Television broadcast stations | 1 (plus one cable company) (1997) | 2 (operated by the British Forces Broadcasting Service)
note: cable television is available in Stanley (2002) |
Terrain | coral islands relatively flat; volcanic islands steep, hilly | rocky, hilly, mountainous with some boggy, undulating plains |
Total fertility rate | 1.72 children born/woman (2002 est.) | NA children born/woman (2005 est.) |
Unemployment rate | 3% (1995) | full employment; labor shortage (2001) |
Waterways | none | - |