British Virgin Islands (2002) | Korea, South (2001) | |
Administrative divisions | none (overseas territory of the UK) | 9 provinces (do, singular and plural) and 7 metropolitan cities* (gwangyoksi, singular and plural); Cheju-do, Cholla-bukto, Cholla-namdo, Ch'ungch'ong-bukto, Ch'ungch'ong-namdo, Inch'on-gwangyoksi*, Kangwon-do, Kwangju-gwangyoksi*, Kyonggi-do, Kyongsang-bukto, Kyongsang-namdo, Pusan-gwangyoksi*, Soul-t'ukpyolsi*, Taegu-gwangyoksi*, Taejon-gwangyoksi*, Ulsan-gwangyoksi* |
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:
21.59% (male 5,475,453; female 4,864,918) 15-64 years: 71.14% (male 17,291,202; female 16,789,380) 65 years and over: 7.27% (male 1,352,312; female 2,131,105) (2001 est.) |
Agriculture - products | fruits, vegetables; livestock, poultry; fish | rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish |
Airports | 3 (2001) | 102 (2000 est.) |
Airports - with paved runways | total: 2
914 to 1,523 m: 1 under 914 m: 1 (2002) |
total:
68 over 3,047 m: 2 2,438 to 3,047 m: 18 1,524 to 2,437 m: 16 914 to 1,523 m: 11 under 914 m: 21 (2000 est.) |
Airports - with unpaved runways | total: 1
914 to 1,523 m: 1 (2002) |
total:
34 914 to 1,523 m: 2 under 914 m: 32 (2000 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:
98,480 sq km land: 98,190 sq km water: 290 sq km |
Area - comparative | about 0.9 times the size of Washington, DC | slightly larger than Indiana |
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. | After World War II, a republic was set up in the southern half of the Korean Peninsula while a communist-style government was installed in the north. The Korean War (1950-53) had US and other UN forces intervene to defend South Korea from North Korean attacks supported by the Chinese. An armistice was signed in 1953 splitting the peninsula at the 38th parallel known as the DMZ. Thereafter, South Korea achieved rapid economic growth, with per capita income rising to 13 times the level of North Korea. In 1997, the nation suffered a severe financial crisis from which it continues to make a solid recovery. South Korea has also maintained its commitment to democratize its political processes. In June 2000, a historic first south-north summit took place between the south's President KIM Dae-jung and the north's leader KIM Chong-il. In December 2000, President KIM Dae-jung won the Noble Peace Prize for his lifeling committment to democracy and human rights in Asia. He is the first Korean to win a Nobel Prize. |
Birth rate | 15.09 births/1,000 population (2002 est.) | 14.85 births/1,000 population (2001 est.) |
Budget | revenues: $121.5 million
expenditures: $115.5 million, including capital expenditures of $NA (1997) |
revenues:
$81.8 billion expenditures: $94.9 billion, including capital expenditures of $6.1 billion (1999) |
Capital | Road Town | Seoul |
Climate | subtropical; humid; temperatures moderated by trade winds | temperate, with rainfall heavier in summer than winter |
Coastline | 80 km | 2,413 km |
Constitution | 1 June 1977 | 25 February 1988 |
Country name | conventional long form: none
conventional short form: British Virgin Islands abbreviation: BVI |
conventional long form:
Republic of Korea conventional short form: South Korea local long form: Taehan-min'guk local short form: none note: the South Koreans generally use the term "Han-guk" to refer to their country abbreviation: ROK |
Currency | US dollar (USD) | South Korean won (KRW) |
Death rate | 4.42 deaths/1,000 population (2002 est.) | 5.93 deaths/1,000 population (2001 est.) |
Debt - external | $36.1 million (1997) | $137 billion (November 2000) |
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) embassy: 82 Sejong-ro, Chongro-ku, Seoul 110-710 mailing address: American Embassy, Unit 15550, APO AP 96205-0001 telephone: [82] (2) 397-4114 FAX: [82] (2) 738-8845 |
Diplomatic representation in the US | none (overseas territory of the UK) | chief of mission:
Ambassador YANG Song-chol chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 939-5600 FAX: [1] (202) 387-0205 consulate(s) general: Anchorage, Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, Miami, New York, San Francisco, and Seattle consulate(s): Hagatna (Guam) |
Disputes - international | none | Demarcation Line with North Korea; Liancourt Rocks (Takeshima/Tokdo) disputed with Japan |
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. | As one of the Four Dragons of East Asia, South Korea has achieved an incredible record of growth. Three decades ago GDP per capita was comparable with levels in the poorer countries of Africa and Asia. Today its GDP per capita is seven times India's, 16 times North Korea's, and comparable to the lesser economies of the European Union. This success through the late 1980s was achieved by a system of close government/business ties, including directed credit, import restrictions, sponsorship of specific industries, and a strong labor effort. The government promoted the import of raw materials and technology at the expense of consumer goods and encouraged savings and investment over consumption. The Asian financial crisis of 1997-99 exposed certain longstanding weaknesses in South Korea's development model, including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. By 1999 GDP growth had recovered, reversing the substantial decline of 1998. Seoul has pressed the country's largest business groups to restructure and to strengthen their financial base. Growth in 2001 likely will be a more sustainable rate of 5%. |
Electricity - consumption | 39.1 million kWh (1999) | 232.767 billion kWh (1999) |
Electricity - exports | 0 kWh (1999) | 0 kWh (1999) |
Electricity - imports | 0 kWh (1999) | 0 kWh (1999) |
Electricity - production | 42 million kWh (1999) | 250.287 billion kWh (1999) |
Electricity - production by source | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (1999) |
fossil fuel:
59.22% hydro: 1.64% nuclear: 39.12% other: 0.02% (1999) |
Elevation extremes | lowest point: Caribbean Sea 0 m
highest point: Mount Sage 521 m |
lowest point:
Sea of Japan 0 m highest point: Halla-san 1,950 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) | air pollution in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing |
Environment - international agreements | - | party to:
Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling signed, but not ratified: Climate Change-Kyoto Protocol |
Ethnic groups | black 83%, white, Indian, Asian and mixed | homogeneous (except for about 20,000 Chinese) |
Exchange rates | the US dollar is used | South Korean won per US dollar - 1,271.89 (January 2001), 1,130.96 (2000), 1,188.82 (1999), 1,401.44 (1998), 951.29 (1997), 804.45 (1996) |
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:
President KIM Dae-jung (since 25 February 1998) head of government: Prime Minister YI Han-tong (since 23 May 2000) cabinet: State Council appointed by the president on the prime minister's recommendation elections: president elected by popular vote for a single five-year term; election last held 18 December 1997 (next to be held by 18 December 2002); prime minister appointed by the president; deputy prime ministers appointed by the president on the prime minister's recommendation election results: KIM Dae-jung elected president; percent of vote - KIM Dae-jung (NCNP) 40.3% (with ULD partnership), YI Hoe-chang (GNP) 38.7%, YI In-che (NPP) 19.2% |
Exports | $6.2 million | $172.6 billion (f.o.b., 2000) |
Exports - commodities | rum, fresh fish, fruits, animals; gravel, sand | electronic products, machinery and equipment, motor vehicles, steel, ships; textiles, clothing, footwear; fish |
Exports - partners | Virgin Islands (US), Puerto Rico, US | US 20.5%, Japan 11%, China 9.5%, Hong Kong 6.3%, Taiwan 4.4% (1999) |
Fiscal year | 1 April - 31 March | calendar year |
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) | white with a red (top) and blue yin-yang symbol in the center; there is a different black trigram from the ancient I Ching (Book of Changes) in each corner of the white field |
GDP | purchasing power parity - $311 million (2000 est.) | purchasing power parity - $764.6 billion (2000 est.) |
GDP - composition by sector | agriculture: 2%
industry: 6% services: 92% (1996 est.) |
agriculture:
5.6% industry: 41.4% services: 53% (1999 est.) |
GDP - per capita | purchasing power parity - $16,000 (2000 est.) | purchasing power parity - $16,100 (2000 est.) |
GDP - real growth rate | 4.4% (2000 est.) | 9% (2000 est.) |
Geographic coordinates | 18 30 N, 64 30 W | 37 00 N, 127 30 E |
Geography - note | strong ties to nearby US Virgin Islands and Puerto Rico | - |
Heliports | - | 203 (2000 est.) |
Highways | total: 177 km
paved: 177 km unpaved: 0 km (2000) |
total:
87,534 km paved: 65,388 km (including 1,996 km of expressways) unpaved: 22,146 km (1999) |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%:
2.9% highest 10%: 24.3% (1993) |
Illicit drugs | transshipment point for South American narcotics destined for the US and Europe; large offshore financial center | - |
Imports | $230 million (2000 est.) | $160.5 billion (f.o.b., 2000) |
Imports - commodities | building materials, automobiles, foodstuffs, machinery | machinery, electronics and electronic equipment, oil, steel, transport equipment, textiles, organic chemicals, grains |
Imports - partners | Virgin Islands (US), Puerto Rico, US | US 20.8%, Japan 20.2%, China 7.4%, Saudi Arabia 4.7%, Australia 3.9% (1999) |
Independence | none (overseas territory of the UK) | 15 August 1945 (from Japan) |
Industrial production growth rate | 4% (1985) | 17% (2000) |
Industries | tourism, light industry, construction, rum, concrete block, offshore financial center | electronics, automobile production, chemicals, shipbuilding, steel, textiles, clothing, footwear, food processing |
Infant mortality rate | 19.55 deaths/1,000 live births (2002 est.) | 7.71 deaths/1,000 live births (2001 est.) |
Inflation rate (consumer prices) | 3.3% (2000) | 2.3% (2000) |
International organization participation | Caricom (associate), CDB, ECLAC (associate), Interpol (subbureau), IOC, OECS (associate), UNESCO (associate) | AfDB, APEC, ARF (dialogue partner), AsDB, ASEAN (dialogue partner), Australia Group, BIS, CCC, CP, EBRD, ESCAP, FAO, G-77, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA (observer), IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, MINURSO, NAM (guest), NEA, NSG, OAS (observer), OECD, OPCW, OSCE (partner), PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMOGIP, UNOMIG, UNTAET, UNU, UPU, WHO, WIPO, WMO, WToO, WTrO, ZC |
Internet Service Providers (ISPs) | 16 (2000) | 11 (2000) |
Irrigated land | NA sq km | 13,350 sq km (1993 est.) |
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 (justices are appointed by the president with the consent of the National Assembly) |
Labor force | 4,911 (1980) | 22 million (2000) |
Labor force - by occupation | agriculture NA%, industry NA%, services NA% | services 68%, industry 20%, agriculture 12% (1999) |
Land boundaries | 0 km | total:
238 km border countries: North Korea 238 km |
Land use | arable land: 20%
permanent crops: 6.67% other: 73.33% (1998 est.) |
arable land:
19% permanent crops: 2% permanent pastures: 1% forests and woodland: 65% other: 13% (1993 est.) |
Languages | English (official) | Korean, English widely taught in junior high and high school |
Legal system | English law | combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought |
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 National Assembly or Kukhoe (273 seats total - 227 elected by direct, popular vote; members serve four-year terms)
elections: last held 13 April 2000 (next to be held NA April 2004) election results: percent of vote by party - NA%; seats by party - GNP 133, MDP 115, ULD 17, other 8 |
Life expectancy at birth | total population: 75.85 years
male: 74.9 years female: 76.84 years (2002 est.) |
total population:
74.65 years male: 70.97 years female: 78.74 years (2001 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: 98% male: 99.3% female: 96.7% (1995 est.) |
Location | Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico | Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea |
Map references | Central America and the Caribbean | Asia |
Maritime claims | exclusive fishing zone: 200 NM
territorial sea: 3 NM |
contiguous zone:
24 NM continental shelf: not specified exclusive economic zone: 200 NM territorial sea: 12 NM; between 3 NM and 12 NM in the Korea Strait |
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:
496 ships (1,000 GRT or over) totaling 5,421,993 GRT/8,757,034 DWT ships by type: bulk 105, cargo 168, chemical tanker 38, combination bulk 5, container 49, liquefied gas 16, multi-functional large-load carrier 1, passenger 3, petroleum tanker 70, refrigerated cargo 27, roll on/roll off 4, short-sea passenger 1, specialized tanker 4, vehicle carrier 5 (2000 est.) |
Military - note | defense is the responsibility of the UK | - |
Military branches | - | Army, Navy, Air Force, Marine Corps, National Maritime Police (Coast Guard) |
Military expenditures - dollar figure | - | $12 billion (2000) |
Military expenditures - percent of GDP | - | 3.2% (FY98/99) |
Military manpower - availability | - | males age 15-49:
14,148,552 (2001 est.) |
Military manpower - fit for military service | - | males age 15-49:
8,979,778 (2001 est.) |
Military manpower - military age | - | 18 years of age |
Military manpower - reaching military age annually | - | males:
394,397 (2001 est.) |
National holiday | Territory Day, 1 July | Liberation Day, 15 August (1945) |
Nationality | noun: British Virgin Islander(s)
adjective: British Virgin Islander |
noun:
Korean(s) adjective: Korean |
Natural hazards | hurricanes and tropical storms (July to October) | occasional typhoons bring high winds and floods; low-level seismic activity common in southwest |
Natural resources | NEGL | coal, tungsten, graphite, molybdenum, lead, hydropower potential |
Net migration rate | 10.91 migrant(s)/1,000 population (2002 est.) | 0 migrant(s)/1,000 population (2001 est.) |
Pipelines | - | petroleum products 455 km; note - additionally, there is a parallel petroleum, oils, and lubricants (POL) pipeline being completed |
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] | Grand National Party or GNP [YI Hoe-chang, president]; Millennium Democratic Party or MDP [KIM Dae-jung, president]; United Liberal Democrats or ULD [KIM Chong-p'il, honorary chairman, KIM Chong-ho, acting president]
note: on 20 January 2000, the National Congress for New Politics or NCNP was renamed the Millennium Democratic Party or MDP |
Political pressure groups and leaders | NA | Federation of Korean Industries; Federation of Korean Trade Unions; Korean Confederation of Trade Unions; Korean National Council of Churches; Korean Traders Association; Korean Veterans' Association; National Council of Labor Unions; National Democratic Alliance of Korea; National Federation of Farmers' Associations; National Federation of Student Associations |
Population | 21,272 (July 2002 est.) | 47,904,370 (July 2001 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 2.16% (2002 est.) | 0.89% (2001 est.) |
Ports and harbors | Road Town | Chinhae, Inch'on, Kunsan, Masan, Mokp'o, P'ohang, Pusan, Tonghae-hang, Ulsan, Yosu |
Radio broadcast stations | AM 1, FM 4, shortwave 0 (1998) | AM 106, FM 97, shortwave 6 (1999) |
Radios | 9,000 (1997) | 47.5 million (1997) |
Railways | 0 km | total:
6,240 km standard gauge: 6,240 km 1.435-m gauge (525 km electrified) (1998 est.) |
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) | Christian 49%, Buddhist 47%, Confucianist 3%, Shamanist, Chondogyo (Religion of the Heavenly Way), and other 1% |
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:
1.11 male(s)/female under 15 years: 1.13 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 0.63 male(s)/female total population: 1.01 male(s)/female (2001 est.) |
Suffrage | 18 years of age; universal | 20 years of age; universal |
Telephone system | general assessment: worldwide telephone service
domestic: NA international: submarine cable to Bermuda |
general assessment:
excellent domestic and international services domestic: NA international: fiber-optic submarine cable to China; the Russia-Korea-Japan submarine cable; satellite earth stations - 3 Intelsat (2 Pacific Ocean and 1 Indian Ocean) and 1 Inmarsat (Pacific Ocean region) |
Telephones - main lines in use | 10,000 (1996) | 24 million (1999) |
Telephones - mobile cellular | NA | 27 million (June 2000) |
Television broadcast stations | 1 (plus one cable company) (1997) | 121 (plus 850 repeater stations and the eight-channel American Forces Korea Network) (1999) |
Terrain | coral islands relatively flat; volcanic islands steep, hilly | mostly hills and mountains; wide coastal plains in west and south |
Total fertility rate | 1.72 children born/woman (2002 est.) | 1.72 children born/woman (2001 est.) |
Unemployment rate | 3% (1995) | 4.1% (2000 est.) |
Waterways | none | 1,609 km
note: restricted to small native craft |