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Compare British Virgin Islands (2006) - British Virgin Islands (2002)

Compare British Virgin Islands (2006) z British Virgin Islands (2002)

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 British Virgin Islands (2006)British Virgin Islands (2002)
 British Virgin IslandsBritish Virgin Islands
Age structure 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.)
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.)
Airports 3 (2006) 3 (2001)
Airports - with paved runways total: 2


914 to 1,523 m: 1


under 914 m: 1 (2006)
total: 2


914 to 1,523 m: 1


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


914 to 1,523 m: 1 (2006)
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 islands of Tortola, Anegada, Virgin Gorda, Jost van Dyke
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
Background 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. 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.
Birth rate 14.89 births/1,000 population (2006 est.) 15.09 births/1,000 population (2002 est.)
Budget revenues: $204.7 million


expenditures: $180.4 million; including capital expenditures of $33.8 million (1997)
revenues: $121.5 million


expenditures: $115.5 million, including capital expenditures of $NA (1997)
Capital name: Road Town


geographic coordinates: 18 27 N, 64 37 W


time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)
Road Town
Constitution 1 June 1977, amended in 2000 1 June 1977
Currency - US dollar (USD)
Death rate 4.42 deaths/1,000 population (2006 est.) 4.42 deaths/1,000 population (2002 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, 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. 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.
Electricity - consumption 32.13 million kWh (2003) 39.1 million kWh (1999)
Electricity - exports 0 kWh (2003) 0 kWh (1999)
Electricity - imports 0 kWh (2003) 0 kWh (1999)
Electricity - production 34.55 million kWh (2003) 42 million kWh (1999)
Electricity - production by source - fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (1999)
Executive branch 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
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
Exports NA bbl/day $6.2 million
Exports - partners Virgin Islands (US), Puerto Rico, US (2004) Virgin Islands (US), Puerto Rico, US
GDP - purchasing power parity - $311 million (2000 est.)
GDP - composition by sector agriculture: 1.8%


industry: 6.2%


services: 92% (1996 est.)
agriculture: 2%


industry: 6%


services: 92% (1996 est.)
GDP - per capita - purchasing power parity - $16,000 (2000 est.)
GDP - real growth rate 1% (2002 est.) 4.4% (2000 est.)
Highways - total: 177 km


paved: 177 km


unpaved: 0 km (2000)
Illicit drugs transshipment point for South American narcotics destined for the US and Europe; large offshore financial center makes it vulnerable to money laundering transshipment point for South American narcotics destined for the US and Europe; large offshore financial center
Imports NA bbl/day $230 million (2000 est.)
Imports - partners Virgin Islands (US), Puerto Rico, US (2004) Virgin Islands (US), Puerto Rico, US
Industrial production growth rate NA% 4% (1985)
Infant mortality rate 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.)
19.55 deaths/1,000 live births (2002 est.)
Inflation rate (consumer prices) 2% (2005) 3.3% (2000)
International organization participation Caricom (associate), CDB, Interpol (subbureau), IOC, OECS (associate), UNESCO (associate), UPU Caricom (associate), CDB, ECLAC (associate), Interpol (subbureau), IOC, OECS (associate), UNESCO (associate)
Internet Service Providers (ISPs) - 16 (2000)
Irrigated land NA NA sq km
Labor force 12,770 (2004) 4,911 (1980)
Labor force - by occupation agriculture: 0.6%


industry: 40%


services: 59.4%
agriculture NA%, industry NA%, services NA%
Land use arable land: 20%


permanent crops: 6.67%


other: 73.33% (2005)
arable land: 20%


permanent crops: 6.67%


other: 73.33% (1998 est.)
Legislative branch 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
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
Life expectancy at birth total population: 76.68 years


male: 75.56 years


female: 77.84 years (2006 est.)
total population: 75.85 years


male: 74.9 years


female: 76.84 years (2002 est.)
Maritime claims territorial sea: 3 nm


exclusive fishing zone: 200 nm
exclusive fishing zone: 200 NM


territorial sea: 3 NM
Merchant marine registered in other countries: 1 (North Korea 1) (2006) total: 1 ship (1,000 GRT or over) totaling 70,285 GRT/6,946 DWT


ships by type: passenger 1 (2002 est.)
Net migration rate 9.22 migrant(s)/1,000 population (2006 est.) 10.91 migrant(s)/1,000 population (2002 est.)
Population 23,098 (July 2006 est.) 21,272 (July 2002 est.)
Population growth rate 1.97% (2006 est.) 2.16% (2002 est.)
Ports and harbors - Road Town
Radio broadcast stations AM 1, FM 5, shortwave 0 (2004) AM 1, FM 4, 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 15%), Roman Catholic 10%, none 2%, other 2% (1991) 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)
Sex ratio 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.)
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.)
Telephone system general assessment: worldwide telephone service


domestic: NA


international: country code - 1-284; submarine cable to Bermuda
general assessment: worldwide telephone service


domestic: NA


international: submarine cable to Bermuda
Telephones - main lines in use 11,700 (2002) 10,000 (1996)
Telephones - mobile cellular 8,000 (2002) NA
Total fertility rate 1.72 children born/woman (2006 est.) 1.72 children born/woman (2002 est.)
Unemployment rate 3.6% (1997) 3% (1995)
Waterways - none
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