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Compare British Virgin Islands (2008) - British Virgin Islands (2004)

Compare British Virgin Islands (2008) z British Virgin Islands (2004)

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 British Virgin Islands (2008)British Virgin Islands (2004)
 British Virgin IslandsBritish Virgin Islands
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: 21.5% (male 2,402; female 2,361)


15-64 years: 73.5% (male 8,395; female 7,911)


65 years and over: 5% (male 594; female 524) (2004 est.)
Airports 3 (2007) 3 (2003 est.)
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 (2004 est.)
Airports - with unpaved runways total: 1


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


914 to 1,523 m: 1 (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: 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 14.82 births/1,000 population (2007 est.) 14.96 births/1,000 population (2004 est.)
Budget revenues: $204.7 million


expenditures: $180.4 million (2004)
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 13 June 2007 1 June 1977
Currency - US dollar (USD)
Death rate 4.42 deaths/1,000 population (2007 est.) 4.42 deaths/1,000 population (2004 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 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, 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 41.85 million kWh (2005) 35.43 million kWh (2001)
Electricity - exports 0 kWh (2005) 0 kWh (2001)
Electricity - imports 0 kWh (2005) 0 kWh (2001)
Electricity - production 45 million kWh (2005) 38.1 million kWh (2001)
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 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
Exports 0 bbl/day (2004) NA (2001)
Exports - partners Virgin Islands (US), Puerto Rico, US (2006) Virgin Islands (US), Puerto Rico, US
GDP - purchasing power parity - $320 million (2002 est.)
GDP - per capita - purchasing power parity - $16,000 (2002 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 604.3 bbl/day (2004) NA (2001)
Imports - partners Virgin Islands (US), Puerto Rico, US (2006) Virgin Islands (US), Puerto Rico, US
Industrial production growth rate NA% NA
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: 18.05 deaths/1,000 live births


male: 21.02 deaths/1,000 live births


female: 14.95 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) 2% (2005) 2.5% (2002)
International organization participation Caricom (associate), CDB, Interpol (subbureau), IOC, OECS, UNESCO (associate), UPU Caricom (associate), CDB, Interpol (subbureau), IOC, OECS (associate), UNESCO (associate), UPU
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% (2005)
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% (2001)
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, 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
Life expectancy at birth total population: 76.86 years


male: 75.71 years


female: 78.07 years (2007 est.)
total population: 76.27 years


male: 75.24 years


female: 77.36 years (2004 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: 97.8% (1991 est.)


male: NA


female: NA
Merchant marine - total: 3 ships (1,000 GRT or over) 83,825 GRT/155,909 DWT


by type: cargo 1, liquefied gas 1, petroleum tanker 1


foreign-owned: Norway 1


registered in other countries: 32 (2004 est.)
National holiday Territory Day, 1 July (1956) Territory Day, 1 July
Net migration rate 8.83 migrant(s)/1,000 population (2007 est.) 10.01 migrant(s)/1,000 population (2004 est.)
Population 23,552 (July 2007 est.) 22,187 (July 2004 est.)
Population below poverty line NA% NA
Population growth rate 1.923% (2007 est.) 2.06% (2004 est.)
Ports and harbors - Road Town
Radio broadcast stations AM 1, FM 5, shortwave 0 (2004) AM 1, FM 4, shortwave 0 (1998)
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: 1.02 male(s)/female


15-64 years: 1.06 male(s)/female


65 years and over: 1.13 male(s)/female


total population: 1.06 male(s)/female (2004 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 (2004 est.)
Unemployment rate 3.6% (1997) 3% (1995)
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