British Virgin Islands (2007) | British Virgin Islands (2006) | |
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: 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 (2007) | 3 (2006) |
Airports - with paved runways | total: 2
914 to 1,523 m: 1 under 914 m: 1 (2007) |
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 (2007) |
total: 1
914 to 1,523 m: 1 (2006) |
Birth rate | 14.82 births/1,000 population (2007 est.) | 14.89 births/1,000 population (2006 est.) |
Budget | revenues: $204.7 million
expenditures: $180.4 million (2004) |
revenues: $204.7 million
expenditures: $180.4 million; including capital expenditures of $33.8 million (1997) |
Constitution | 13 June 2007 | 1 June 1977, amended in 2000 |
Death rate | 4.42 deaths/1,000 population (2007 est.) | 4.42 deaths/1,000 population (2006 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 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 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 | 41.85 million kWh (2005) | 32.13 million kWh (2003) |
Electricity - exports | 0 kWh (2005) | 0 kWh (2003) |
Electricity - imports | 0 kWh (2005) | 0 kWh (2003) |
Electricity - production | 45 million kWh (2005) | 34.55 million kWh (2003) |
Ethnic groups | black 83%, other 17% (includes white, Indian, Asian and mixed) | black 83%, white, Indian, Asian and mixed |
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 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 - partners | Virgin Islands (US), Puerto Rico, US (2006) | Virgin Islands (US), Puerto Rico, US (2004) |
Imports - partners | Virgin Islands (US), Puerto Rico, US (2006) | Virgin Islands (US), Puerto Rico, US (2004) |
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: 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.) |
Labor force - by occupation | agriculture: 0.6%
industry: 40% services: 59.4% (2005) |
agriculture: 0.6%
industry: 40% services: 59.4% |
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 |
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: 76.86 years
male: 75.71 years female: 78.07 years (2007 est.) |
total population: 76.68 years
male: 75.56 years female: 77.84 years (2006 est.) |
Merchant marine | - | registered in other countries: 1 (North Korea 1) (2006) |
National holiday | Territory Day, 1 July (1956) | Territory Day, 1 July |
Net migration rate | 8.83 migrant(s)/1,000 population (2007 est.) | 9.22 migrant(s)/1,000 population (2006 est.) |
Population | 23,552 (July 2007 est.) | 23,098 (July 2006 est.) |
Population growth rate | 1.923% (2007 est.) | 1.97% (2006 est.) |
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) | 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) |
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: 1.05 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.) |
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: worldwide telephone service
domestic: NA international: country code - 1-284; submarine cable to Bermuda |
Television broadcast stations | 1 (plus 1 cable company) (1997) | 1 (plus one cable company) (1997) |
Total fertility rate | 1.72 children born/woman (2007 est.) | 1.72 children born/woman (2006 est.) |