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Compare British Virgin Islands (2007) - Bahamas, The (2005)

Compare British Virgin Islands (2007) z Bahamas, The (2005)

 British Virgin Islands (2007)Bahamas, The (2005)
 British Virgin IslandsBahamas, The
Administrative divisions none (overseas territory of the UK) 21 districts; Acklins and Crooked Islands, Bimini, Cat Island, Exuma, Freeport, Fresh Creek, Governor's Harbour, Green Turtle Cay, Harbour Island, High Rock, Inagua, Kemps Bay, Long Island, Marsh Harbour, Mayaguana, New Providence, Nichollstown and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay
Age structure 0-14 years: 20.2% (male 2,410/female 2,337)


15-64 years: 74.5% (male 9,004/female 8,534)


65 years and over: 5.4% (male 665/female 602) (2007 est.)
0-14 years: 27.9% (male 42,142/female 42,096)


15-64 years: 65.9% (male 97,865/female 101,047)


65 years and over: 6.2% (male 7,616/female 11,024) (2005 est.)
Agriculture - products fruits, vegetables; livestock, poultry; fish citrus, vegetables; poultry
Airports 3 (2007) 63 (2004 est.)
Airports - with paved runways total: 2


914 to 1,523 m: 1


under 914 m: 1 (2007)
total: 29


over 3,047 m: 2


2,438 to 3,047 m: 3


1,524 to 2,437 m: 14


914 to 1,523 m: 9


under 914 m: 1 (2004 est.)
Airports - with unpaved runways total: 1


914 to 1,523 m: 1 (2007)
total: 34


1,524 to 2,437 m: 3


914 to 1,523 m: 10


under 914 m: 21 (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 islands of Tortola, Anegada, Virgin Gorda, Jost van Dyke
total: 13,940 sq km


land: 10,070 sq km


water: 3,870 sq km
Area - comparative about 0.9 times the size of Washington, DC slightly smaller than Connecticut
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. Arawak Indians inhabited the islands when Christopher Columbus first set foot in the New World on San Salvador in 1492. British settlement of the islands began in 1647; the islands became a colony in 1783. Since attaining independence from the UK in 1973, The Bahamas have prospered through tourism and international banking and investment management. Because of its geography, the country is a major transshipment point for illegal drugs, particularly shipments to the US, and its territory is used for smuggling illegal migrants into the US.
Birth rate 14.82 births/1,000 population (2007 est.) 17.87 births/1,000 population (2005 est.)
Budget revenues: $204.7 million


expenditures: $180.4 million (2004)
revenues: $1 billion


expenditures: $1 billion, including capital expenditures of $106.7 million (FY03/04)
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)
Nassau
Climate subtropical; humid; temperatures moderated by trade winds tropical marine; moderated by warm waters of Gulf Stream
Coastline 80 km 3,542 km
Constitution 13 June 2007 10 July 1973
Country name conventional long form: none


conventional short form: British Virgin Islands


abbreviation: BVI
conventional long form: Commonwealth of The Bahamas


conventional short form: The Bahamas
Death rate 4.42 deaths/1,000 population (2007 est.) 8.97 deaths/1,000 population (2005 est.)
Debt - external $36.1 million (1997) $308.5 million (2002)
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 John D. ROOD


embassy: 42 Queen Street, Nassau


mailing address: local or express mail address: P. O. Box N-8197, Nassau; Department of State, 3370 Nassau Place, Washington, DC 20521-3370


telephone: [1] (242) 322-1181, 328-2206 (after hours)


FAX: [1] (242) 356-0222
Diplomatic representation in the US none (overseas territory of the UK) chief of mission: Ambassador Joshua SEARS


chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 319-2660


FAX: [1] (202) 319-2668


consulate(s) general: Miami and New York
Disputes - international none have not been able to agree on the alignment of a maritime boundary with the US; continues to monitor and interdict Haitian refugees fleeing economic privation and political instability
Economic aid - recipient $NA $9.8 million (1995)
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 820,000 tourists, mainly from the US, visited the islands in 2005. 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 Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking. Tourism alone accounts for more than 60% of GDP and directly or indirectly employs half of the archipelago's labor force. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth in recent years, but the slowdown in the US economy and the attacks of 11 September 2001 held back growth in these sectors in 2001-03. Financial services constitute the second-most important sector of the Bahamian economy, accounting for about 15% of GDP. However, since December 2000, when the government enacted new regulations on the financial sector, many international businesses have left The Bahamas. Manufacturing and agriculture together contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector, which depends on growth in the US, the source of more than 80% of the visitors. In addition to tourism and banking, the government supports the development of a "third pillar," e-commerce.
Electricity - consumption 41.85 million kWh (2005) 1.596 billion kWh (2002)
Electricity - exports 0 kWh (2005) 0 kWh (2002)
Electricity - imports 0 kWh (2005) 0 kWh (2002)
Electricity - production 45 million kWh (2005) 1.716 billion kWh (2002)
Elevation extremes lowest point: Caribbean Sea 0 m


highest point: Mount Sage 521 m
lowest point: Atlantic Ocean 0 m


highest point: Mount Alvernia, on Cat Island 63 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) coral reef decay; solid waste disposal
Environment - international agreements - party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands


signed, but not ratified: none of the selected agreements
Ethnic groups black 83%, other 17% (includes white, Indian, Asian and mixed) black 85%, white 12%, Asian and Hispanic 3%
Exchange rates the US dollar is used Bahamian dollars per US dollar - 1 (2004), 1 (2003), 1 (2002), 1 (2001), 1 (2000)
Executive branch chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor David PEAREY (since 18 April 2006)


head of government: Premier Ralph T. O'NEAL (since 23 August 2007)


cabinet: Executive Council appointed by the governor from members of the House of Assembly


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 premier by the governor
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor General Dame Ivy DUMONT (since NA May 2002)


head of government: Prime Minister Perry CHRISTIE (since 3 May 2002) and Deputy Prime Minister Cynthia PRATT (since 7 May 2002)


cabinet: Cabinet appointed by the governor general on the prime minister's recommendation


elections: none; the monarch is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the governor general; the prime minister recommends the deputy prime minister
Exports NA bbl/day transhipments of 29,000 bbl/day (2003)
Exports - commodities rum, fresh fish, fruits, animals; gravel, sand mineral products and salt, animal products, rum, chemicals; fruit and vegetables
Exports - partners Virgin Islands (US), Puerto Rico, US (2006) US 40.2%, Poland 13.3%, Spain 11.6%, Germany 5.9%, France 4.3% (2004)
Fiscal year 1 April - 31 March 1 July - 30 June
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) three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side
GDP - composition by sector agriculture: 1.8%


industry: 6.2%


services: 92% (1996 est.)
agriculture: 3%


industry: 7%


services: 90% (2001 est.)
GDP - per capita - purchasing power parity - $17,700 (2004 est.)
GDP - real growth rate 1% (2002 est.) 3% (2004 est.)
Geographic coordinates 18 30 N, 64 30 W 24 15 N, 76 00 W
Geography - note strong ties to nearby US Virgin Islands and Puerto Rico strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited
Heliports - 1 (2004 est.)
Highways - total: 2,693 km


paved: 1,546 km


unpaved: 1,147 km (1999 est.)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: NA


highest 10%: 27% (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 cocaine and marijuana bound for US and Europe; offshore financial center
Imports NA bbl/day NA
Imports - commodities building materials, automobiles, foodstuffs, machinery machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals
Imports - partners Virgin Islands (US), Puerto Rico, US (2006) US 22.4%, South Korea 18.9%, Brazil 9.2%, Japan 7.9%, Italy 7.8%, Venezuela 6.6% (2004)
Independence none (overseas territory of the UK) 10 July 1973 (from UK)
Industrial production growth rate NA% NA
Industries tourism, light industry, construction, rum, concrete block, offshore financial center tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Infant mortality rate total: 16.13 deaths/1,000 live births


male: 18.82 deaths/1,000 live births


female: 13.29 deaths/1,000 live births (2007 est.)
total: 25.21 deaths/1,000 live births


male: 31.02 deaths/1,000 live births


female: 19.28 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 2% (2005) 1.2% (year ending September 2004)
International organization participation Caricom (associate), CDB, Interpol (subbureau), IOC, OECS (associate), UNESCO (associate), UPU ACP, C, Caricom, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOM, IOC, ITU, LAES, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WTO (observer)
Irrigated land NA NA
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; Court of Appeal; magistrates courts
Labor force 12,770 (2004) 156,000 (1999)
Labor force - by occupation agriculture: 0.6%


industry: 40%


services: 59.4% (2005)
agriculture 5%, industry 5%, tourism 50%, other services 40% (1999 est.)
Land boundaries 0 km 0 km
Land use arable land: 20%


permanent crops: 6.67%


other: 73.33% (2005)
arable land: 0.8%


permanent crops: 0.4%


other: 98.8% (2001)
Languages English (official) English (official), Creole (among Haitian immigrants)
Legal system English law based on English common law
Legislative branch unicameral House of Assembly (13 elected seats and 1 non-voting ex officio member in the attorney general; members are elected by direct popular vote, 1 member from each of nine electoral districts, 4 at-large members; to serve four-year terms)


elections: last held 20 August 2007 (next to be held in 2011)


election results: percent of vote by party - VIP 45.2%, NDP 39.6%, independent 15.2%; seats by party - VIP 10, NDP 2, independent 1
bicameral Parliament consists of the Senate (16-member body appointed by the governor general upon the advice of the prime minister and the opposition leader for five-year terms) and the House of Assembly (40 seats; members elected by direct popular vote to serve five-year terms); the government may dissolve the parliament and call elections at any time


elections: last held 1 May 2002 (next to be held by May 2007)


election results: percent of vote by party - PLP 50.8%, FNM 41.1%, independents 5.2%; seats by party - PLP 29, FNM 7, independents 4
Life expectancy at birth total population: 76.86 years


male: 75.71 years


female: 78.07 years (2007 est.)
total population: 65.54 years


male: 62.11 years


female: 69.04 years (2005 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: 95.6%


male: 94.7%


female: 96.5% (2003 est.)
Location Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba
Map references Central America and the Caribbean Central America and the Caribbean
Maritime claims territorial sea: 3 nm


exclusive fishing zone: 200 nm
territorial sea: 12 nm


exclusive economic zone: 200 nm
Merchant marine - total: 1,119


by type: barge carrier 2, bulk carrier 183, cargo 259, chemical tanker 54, combination ore/oil 17, container 74, liquefied gas 28, livestock carrier 2, passenger 116, passenger/cargo 40, petroleum tanker 168, refrigerated cargo 130, roll on/roll off 20, specialized tanker 2, vehicle carrier 24


foreign-owned: 968 (Angola 4, Australia 4, Belgium 17, Canada 9, China 3, Croatia 1, Cuba 1, Cyprus 13, Denmark 18, Estonia 1, Finland 7, France 28, Germany 15, Greece 194, Hong Kong 11, Indonesia 2, Ireland 1, Israel 1, Italy 7, Japan 49, Jordan 2, Kenya 1, Latvia 1, Malaysia 12, Monaco 15, Netherlands 24, New Zealand 1, Nigeria 2, Norway 229, Poland 13, Reunion 1, Russia 2, Saudi Arabia 12, Serbia & Montenegro 2, Singapore 11, Slovenia 1, South Korea 1, Spain 6, Sweden 9, Switzerland 4, Thailand 1, Trinidad & Tobago 2, Turkey 7, UAE 12, United Kingdom 55, United States 154, Uruguay 2)


registered in other countries: 35 (2005)
Military - note defense is the responsibility of the UK -
Military branches - Royal Bahamaian Defense Force (naval forces) (2004)
Military expenditures - dollar figure - NA
Military expenditures - percent of GDP - NA
National holiday Territory Day, 1 July (1956) Independence Day, 10 July (1973)
Nationality noun: British Virgin Islander(s)


adjective: British Virgin Islander
noun: Bahamian(s)


adjective: Bahamian
Natural hazards hurricanes and tropical storms (July to October) hurricanes and other tropical storms cause extensive flood and wind damage
Natural resources NEGL salt, aragonite, timber, arable land
Net migration rate 8.83 migrant(s)/1,000 population (2007 est.) -2.18 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] Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE]
Political pressure groups and leaders NA NA
Population 23,552 (July 2007 est.) 301,790


note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2005 est.)
Population below poverty line NA% NA
Population growth rate 1.923% (2007 est.) 0.67% (2005 est.)
Ports and harbors - Freeport, Nassau, South Riding Point
Radio broadcast stations AM 1, FM 5, shortwave 0 (2004) AM 3, FM 5, shortwave 0 (2004)
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%, other 2%, none 2% (1991) Baptist 35.4%, Anglican 15.1%, Roman Catholic 13.5%, Pentecostal 8.1%, Church of God 4.8%, Methodist 4.2%, other Christian 15.2%, none or unspecified 2.9%, other 0.8% (2000 census)
Sex ratio at birth: 1.05 male(s)/female


under 15 years: 1.031 male(s)/female


15-64 years: 1.055 male(s)/female


65 years and over: 1.105 male(s)/female


total population: 1.053 male(s)/female (2007 est.)
at birth: 1.02 male(s)/female


under 15 years: 1 male(s)/female


15-64 years: 0.97 male(s)/female


65 years and over: 0.69 male(s)/female


total population: 0.96 male(s)/female (2005 est.)
Suffrage 18 years of age; universal 18 years of age; universal
Telephone system general assessment: worldwide telephone service


domestic: NA


international: country code - 1-284; connected via submarine cable to Bermuda; the East Caribbean Fiber System (ECFS) optic submarine cable provides connectivity to 13 other islands in the eastern Caribbean (2007)
general assessment: modern facilities


domestic: totally automatic system; highly developed


international: country code - 1-242; tropospheric scatter and submarine cable to Florida; 3 coaxial submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean) (1997)
Telephones - main lines in use 11,700 (2002) 131,700 (2003)
Telephones - mobile cellular 8,000 (2002) 121,800 (2002)
Television broadcast stations 1 (plus 1 cable company) (1997) 2 (2004)
Terrain coral islands relatively flat; volcanic islands steep, hilly long, flat coral formations with some low rounded hills
Total fertility rate 1.72 children born/woman (2007 est.) 2.2 children born/woman (2005 est.)
Unemployment rate 3.6% (1997) 10.2% (2004 est.)
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