Compare British Virgin Islands (2005) - British Virgin Islands (2006)

Compare British Virgin Islands (2005) z British Virgin Islands (2006)

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	British Virgin Islands (2005)	British Virgin Islands (2006)

Age structure	0-14 years: 21% (male 2,400/female 2,358) 15-64 years: 73.9% (male 8,607/female 8,115) 65 years and over: 5.1% (male 614/female 549) (2005 est.)	0-14 years: 20.5% (male 2,403/female 2,331) 15-64 years: 74.3% (male 8,811/female 8,340) 65 years and over: 5.3% (male 636/female 577) (2006 est.)
Airports	3 (2004 est.)	3 (2006)
Airports - with paved runways	total: 2 914 to 1,523 m: 1 under 914 m: 1 (2004 est.)	total: 2 914 to 1,523 m: 1 under 914 m: 1 (2006)
Airports - with unpaved runways	total: 1 914 to 1,523 m: 1 (2004 est.)	total: 1 914 to 1,523 m: 1 (2006)
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: 153 sq km land: 153 sq km water: 0 sq km note: comprised of 16 inhabited and more than 20 uninhabited islands; includes the islands of Tortola, Anegada, Virgin Gorda, Jost van Dyke
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.	First inhabited by Arawak and later by Carib Indians, the Virgin Islands were settled by the Dutch in 1648 and then annexed by the English in 1672. The islands were part of the British colony of the Leeward Islands from 1872-1960; they were granted autonomy in 1967. 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	14.96 births/1,000 population (2005 est.)	14.89 births/1,000 population (2006 est.)
Budget	revenues: $121.5 million expenditures: $115.5 million, including capital expenditures of NA (1997)	revenues: $204.7 million expenditures: $180.4 million; including capital expenditures of $33.8 million (1997)
Capital	Road Town	name: Road Town geographic coordinates: 18 27 N, 64 37 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)
Constitution	1 June 1977	1 June 1977, amended in 2000
Death rate	4.42 deaths/1,000 population (2005 est.)	4.42 deaths/1,000 population (2006 est.)
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. 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.	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, made 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 US dollar as its currency since 1959.
Electricity - consumption	33.74 million kWh (2002)	32.13 million kWh (2003)
Electricity - exports	0 kWh (2002)	0 kWh (2003)
Electricity - imports	0 kWh (2002)	0 kWh (2003)
Electricity - production	36.28 million kWh (2002)	34.55 million kWh (2003)
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 Orlando D. 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	chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor David PEAREY (since 18 April 2006) head of government: Chief Minister Dr. Orlando D. 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	NA	NA bbl/day
Exports - partners	Virgin Islands (US), Puerto Rico, US	Virgin Islands (US), Puerto Rico, US (2004)
GDP - per capita	purchasing power parity - $38,500 (2004 est.)	-
Highways	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%
Imports	NA	NA bbl/day
Imports - partners	Virgin Islands (US), Puerto Rico, US	Virgin Islands (US), Puerto Rico, US (2004)
Infant mortality rate	total: 18.05 deaths/1,000 live births male: 21.02 deaths/1,000 live births female: 14.95 deaths/1,000 live births (2005 est.)	total: 16.72 deaths/1,000 live births male: 19.5 deaths/1,000 live births female: 13.79 deaths/1,000 live births (2006 est.)
Inflation rate (consumer prices)	2.5% (2003)	2% (2005)
Labor force - by occupation	agriculture NA%, industry NA%, services NA%	agriculture: 0.6% industry: 40% services: 59.4%
Land use	arable land: 20% permanent crops: 6.67% other: 73.33% (2001)	arable land: 20% permanent crops: 6.67% other: 73.33% (2005)
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 16 May 2003 (next to be held NA 2007) election results: percent of vote by party - NA%; seats by party - NDP 8, VIP 5	unicameral Legislative Council (13 seats; members are elected by direct popular vote, 1 member from each of nine electoral districts, 4 at-large members; members serve four-year terms) elections: last held 16 May 2003 (next to be held in 2007) election results: percent of vote by party - NA%; seats by party - NDP 8, VIP 5
Life expectancy at birth	total population: 76.49 years male: 75.41 years female: 77.62 years (2005 est.)	total population: 76.68 years male: 75.56 years female: 77.84 years (2006 est.)
Merchant marine	total: 1 ships (1,000 GRT or over) 83,825 GRT/155,909 DWT by type: cargo 1 registered in other countries: 7 (2005)	registered in other countries: 1 (North Korea 1) (2006)
Net migration rate	10.01 migrant(s)/1,000 population (2005 est.)	9.22 migrant(s)/1,000 population (2006 est.)
Population	22,643 (July 2005 est.)	23,098 (July 2006 est.)
Population below poverty line	NA	NA%
Population growth rate	2.06% (2005 est.)	1.97% (2006 est.)
Ports and harbors	Road Town	-
Sex ratio	at birth: 1.02 male(s)/female under 15 years: 1.02 male(s)/female 15-64 years: 1.06 male(s)/female 65 years and over: 1.12 male(s)/female total population: 1.05 male(s)/female (2005 est.)	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: 1.1 male(s)/female total population: 1.05 male(s)/female (2006 est.)
Total fertility rate	1.72 children born/woman (2005 est.)	1.72 children born/woman (2006 est.)
Unemployment rate	3% (1995)	3.6% (1997)

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