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Compare British Virgin Islands (2008) - Korea, South (2008)

Compare British Virgin Islands (2008) z Korea, South (2008)

 British Virgin Islands (2008)Korea, South (2008)
 British Virgin IslandsKorea, South
Administrative divisions none (overseas territory of the UK) 9 provinces (do, singular and plural) and 7 metropolitan cities (gwangyoksi, singular and plural)


provinces: Cheju-do, Cholla-bukto (North Cholla), Cholla-namdo (South Cholla), Ch'ungch'ong-bukto (North Ch'ungch'ong), Ch'ungch'ong-namdo (South Ch'ungch'ong), Kangwon-do, Kyonggi-do, Kyongsang-bukto (North Kyongsang), Kyongsang-namdo (South Kyongsang)


metropolitan cities: Inch'on-gwangyoksi (Inch'on), Kwangju-gwangyoksi (Kwangju), Pusan-gwangyoksi (Pusan), Soul-t'ukpyolsi (Seoul), Taegu-gwangyoksi (Taegu), Taejon-gwangyoksi (Taejon), Ulsan-gwangyoksi (Ulsan)
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: 18.3% (male 4,714,103/female 4,262,873)


15-64 years: 72.1% (male 18,004,719/female 17,346,594)


65 years and over: 9.6% (male 1,921,803/female 2,794,698) (2007 est.)
Agriculture - products fruits, vegetables; livestock, poultry; fish rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports 3 (2007) 105 (2007)
Airports - with paved runways total: 2


914 to 1,523 m: 1


under 914 m: 1 (2007)
total: 68


over 3,047 m: 3


2,438 to 3,047 m: 21


1,524 to 2,437 m: 14


914 to 1,523 m: 11


under 914 m: 19 (2007)
Airports - with unpaved runways total: 1


914 to 1,523 m: 1 (2007)
total: 37


914 to 1,523 m: 3


under 914 m: 34 (2007)
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: 98,480 sq km


land: 98,190 sq km


water: 290 sq km
Area - comparative about 0.9 times the size of Washington, DC slightly larger than Indiana
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. An independent Korean state or collection of states has existed almost continuously for several millennia. Between its initial unification in the 7th century - from three predecessor Korean states - until the 20th century, Korea existed as a single independent country. In 1905, following the Russo-Japanese War, Korea became a protectorate of imperial Japan, and in 1910 it was annexed as a colony. Korea regained its independence following Japan's surrender to the United States in 1945. After World War II, a Republic of Korea (ROK) was set up in the southern half of the Korean Peninsula while a Communist-style government was installed in the north (the DPRK). During the Korean War (1950-53), US troops and UN forces fought alongside soldiers from the ROK to defend South Korea from DPRK attacks supported by China and the Soviet Union. An armistice was signed in 1953, splitting the peninsula along a demilitarized zone at about the 38th parallel. Thereafter, South Korea achieved rapid economic growth with per capita income rising to roughly 14 times the level of North Korea. In 1993, KIM Young-sam became South Korea's first civilian president following 32 years of military rule. South Korea today is a fully functioning modern democracy. In June 2000, a historic first North-South summit took place between the South's President KIM Dae-jung and the North's leader KIM Jong Il. In October 2007, a second North-South summit took place between the South's President ROH Moo-hyun and the North Korean leader.
Birth rate 14.82 births/1,000 population (2007 est.) 9.93 births/1,000 population (2007 est.)
Budget revenues: $204.7 million


expenditures: $180.4 million (2004)
revenues: $269.7 billion


expenditures: $256.6 billion (2007 est.)
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)
name: Seoul


geographic coordinates: 37 33 N, 126 59 E


time difference: UTC+9 (14 hours ahead of Washington, DC during Standard Time)
Climate subtropical; humid; temperatures moderated by trade winds temperate, with rainfall heavier in summer than winter
Coastline 80 km 2,413 km
Constitution 13 June 2007 17 July 1948; note - amended or rewritten nine times; current constitution approved on 29 October 1987
Country name conventional long form: none


conventional short form: British Virgin Islands


abbreviation: BVI
conventional long form: Republic of Korea


conventional short form: South Korea


local long form: Taehan-min'guk


local short form: Han'guk


abbreviation: ROK
Death rate 4.42 deaths/1,000 population (2007 est.) 5.99 deaths/1,000 population (2007 est.)
Debt - external $36.1 million (1997) $342.7 billion (30 September 2007)
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 Alexander VERSHBOW


embassy: 32 Sejong-no, Jongno-gu, Seoul 110-710


mailing address: US Embassy Seoul, APO AP 96205-5550


telephone: [82] (2) 397-4114


FAX: [82] (2) 738-8845
Diplomatic representation in the US none (overseas territory of the UK) chief of mission: Ambassador LEE Tae-sik


chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 939-5600


FAX: [1] (202) 387-0205


consulate(s) general: Agana (Guam), Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, Seattle
Disputes - international none Military Demarcation Line within the 4-km wide Demilitarized Zone has separated North from South Korea since 1953; periodic incidents with North Korea in the Yellow Sea over the Northern Limiting Line, which South Korea claims as a maritime boundary; South Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima), occupied by South Korea since 1954
Economic aid - donor - ODA, $455.3 million (2006)
Economic aid - recipient $NA $68.07 million (2004)
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. Since the 1960s, South Korea has achieved an incredible record of growth and integration into the high-tech modern world economy. Four decades ago, GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, South Korea joined the trillion dollar club of world economies. Today its GDP per capita is roughly the same as that of Greece and Spain. This success was achieved by a system of close government/business ties including directed credit, import restrictions, sponsorship of specific industries, and a strong labor effort. The government promoted the import of raw materials and technology at the expense of consumer goods and encouraged savings and investment over consumption. The Asian financial crisis of 1997-98 exposed longstanding weaknesses in South Korea's development model including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. GDP plunged by 6.9% in 1998, then recovered by 9.5% in 1999 and 8.5% in 2000. Growth fell back to 3.3% in 2001 because of the slowing global economy, falling exports, and the perception that much-needed corporate and financial reforms had stalled. Led by consumer spending and exports, growth in 2002 was an impressive 7%, despite anemic global growth. Between 2003 and 2007, growth moderated to about 4-5% annually. A downturn in consumer spending was offset by rapid export growth. Moderate inflation, low unemployment, and an export surplus in 2007 characterize this solid economy, but inflation and unemployment are increasing in the face of rising oil prices.
Electricity - consumption 41.85 million kWh (2005) 368.6 billion kWh (2007)
Electricity - exports 0 kWh (2005) 0 kWh (2005)
Electricity - imports 0 kWh (2005) 0 kWh (2005)
Electricity - production 45 million kWh (2005) 403.2 billion kWh (2007)
Elevation extremes lowest point: Caribbean Sea 0 m


highest point: Mount Sage 521 m
lowest point: Sea of Japan 0 m


highest point: Halla-san 1,950 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) air pollution in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing
Environment - international agreements - party to: Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling


signed, but not ratified: none of the selected agreements
Ethnic groups black 83%, other 17% (includes white, Indian, Asian and mixed) homogeneous (except for about 20,000 Chinese)
Exchange rates the US dollar is used South Korean won per US dollar - 929.2 (2007), 954.8 (2006), 1,024.1 (2005), 1,145.3 (2004), 1,191.6 (2003)
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: President LEE Myung-bak (since 25 February 2008)


head of government: Prime Minister HAN Seung-soo (since 29 February 2008); Deputy Prime Ministers KIM Woo-sik (since 10 February 2006); KWON O-kyu (since 18 July 2006); KIM Shin-il (since 20 September 2006)


cabinet: State Council appointed by the president on the prime minister's recommendation


elections: president elected by popular vote for a single five-year term; election last held 19 December 2007 (next to be held on in December 2012); prime minister appointed by president with consent of National Assembly; deputy prime ministers appointed by president on prime minister's recommendation


election results: ROH Moo-hyun elected president on 19 December 2002; percent of vote - ROH Moo-hyun (MDP) 48.9%; LEE Hoi-chang (GNP) 46.6%; others 4.5%; LEE Myung-bak elected president on 19 December 2007; percent of vote - LEE Myung-bak (GNP) 48.7%; CHUNG Dong-young (UNDP) 26.1%); LEE Hoi-chang (independent) 15.1; others 10.1%
Exports 0 bbl/day (2004) NA (2004)
Exports - commodities rum, fresh fish, fruits, animals; gravel, sand semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals
Exports - partners Virgin Islands (US), Puerto Rico, US (2006) China 22%, US 12.5%, Japan 7.1%, Hong Kong 5% (2007)
Fiscal year 1 April - 31 March calendar year
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) white with a red (top) and blue yin-yang symbol in the center; there is a different black trigram from the ancient I Ching (Book of Changes) in each corner of the white field
GDP - composition by sector agriculture: 1.8%


industry: 6.2%


services: 92% (1996 est.)
agriculture: 3.2%


industry: 39.6%


services: 57.2% (2007 est.)
GDP - real growth rate 1% (2002 est.) 4.9% (2007 est.)
Geographic coordinates 18 30 N, 64 30 W 37 00 N, 127 30 E
Geography - note strong ties to nearby US Virgin Islands and Puerto Rico strategic location on Korea Strait
Heliports - 536 (2007)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: 2.9%


highest 10%: 25% (2005 est.)
Illicit drugs transshipment point for South American narcotics destined for the US and Europe; large offshore financial center makes it vulnerable to money laundering -
Imports 604.3 bbl/day (2004) 2.41 million bbl/day (2006)
Imports - commodities building materials, automobiles, foodstuffs, machinery machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics
Imports - partners Virgin Islands (US), Puerto Rico, US (2006) China 17.7%, Japan 16%, US 10.7%, Saudi Arabia 5.9%, UAE 4.2% (2006)
Independence none (overseas territory of the UK) 15 August 1945 (from Japan)
Industrial production growth rate NA% 7.6% (2007 est.)
Industries tourism, light industry, construction, rum, concrete block, offshore financial center electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
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: 6.05 deaths/1,000 live births


male: 6.43 deaths/1,000 live births


female: 5.64 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 2% (2005) 2.5% (2007)
International organization participation Caricom (associate), CDB, Interpol (subbureau), IOC, OECS, UNESCO (associate), UPU ADB, AfDB, APEC, APT, ARF, ASEAN (dialogue partner), Australia Group, BIS, CP, EAS, EBRD, FAO, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAIA, MIGA, NEA, NSG, OAS (observer), OECD, OPCW, OSCE (partner), PCA, PIF (partner), SAARC (observer), UN, UNCTAD, UNESCO, UNFICYP, UNHCR, UNIDO, UNIFIL, UNMIL, UNMIS, UNMOGIP, UNOMIG, UNWTO, UPU, WCL, WCO, WHO, WIPO, WMO, WTO, ZC
Irrigated land NA 8,780 sq km (2003)
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 (justices appointed by president with consent of National Assembly); Constitutional Court (justices appointed by president based partly on nominations by National Assembly and Chief Justice of the court)
Labor force 12,770 (2004) 23.99 million (2007 est.)
Labor force - by occupation agriculture: 0.6%


industry: 40%


services: 59.4% (2005)
agriculture: 7.5%


industry: 17.3%


services: 75.2% (2007)
Land boundaries 0 km total: 238 km


border countries: North Korea 238 km
Land use arable land: 20%


permanent crops: 6.67%


other: 73.33% (2005)
arable land: 16.58%


permanent crops: 2.01%


other: 81.41% (2005)
Languages English (official) Korean, English widely taught in junior high and high school
Legal system English law combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought; has not accepted compulsory ICJ jurisdiction
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 National Assembly or Kukhoe (299 seats; 243 members elected in single-seat constituencies, 56 elected by proportional representation; to serve four-year terms)


elections: last held 15 April 2004 (next to be held on 9 April 2008)


election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, DP 3%, others 2%; seats by party - Uri 141, GNP 127, DP 12, DLP 9, PFP 5, independents 5


note: percent of vote is for 2004 general election; seats by party reflect results of 2005 and 2006 by-elections; MDP became DP in May 2005; United Liberal Democrats (ULD) merged with GNP in February 2006; URI was disbanded in 2007; DP became part of United Democratic Pary (UDP) in 2008; PFP became part of Liberty Forward Party (LFP) in 2008
Life expectancy at birth total population: 76.86 years


male: 75.71 years


female: 78.07 years (2007 est.)
total population: 77.23 years


male: 73.81 years


female: 80.93 years (2007 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: 97.9%


male: 99.2%


female: 96.6% (2002)
Location Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea
Map references Central America and the Caribbean Asia
Maritime claims territorial sea: 3 nm


exclusive fishing zone: 200 nm
territorial sea: 12 nm; between 3 nm and 12 nm in the Korea Strait


contiguous zone: 24 nm


exclusive economic zone: 200 nm


continental shelf: not specified
Merchant marine - total: 738 ships (1000 GRT or over) 10,636,466 GRT/17,371,943 DWT


by type: bulk carrier 187, cargo 202, carrier 1, chemical tanker 119, container 81, liquefied gas 26, passenger 5, passenger/cargo 21, petroleum tanker 57, refrigerated cargo 19, roll on/roll off 8, specialized tanker 4, vehicle carrier 8


foreign-owned: 22 (China 2, France 8, Japan 1, Sweden 2, UK 1, US 7, Vietnam 1)


registered in other countries: 386 (Belize 4, Cambodia 29, China 1, Cyprus 2, Greece 2, Honduras 6, Hong Kong 6, Indonesia 1, Liberia 4, Malta 3, Marshall Islands 3, Netherlands 1, Panama 316, Russia 1, Singapore 7, unknown 4) (2007)
Military - note defense is the responsibility of the UK -
Military branches - Army, Navy, Republic of Korea Air Force (Han-guk Kong Goon), Marine Corps, National Maritime Police (coast guard) (2006)
Military expenditures - percent of GDP - 2.7% (2006)
National holiday Territory Day, 1 July (1956) Liberation Day, 15 August (1945)
Nationality noun: British Virgin Islander(s)


adjective: British Virgin Islander
noun: Korean(s)


adjective: Korean
Natural hazards hurricanes and tropical storms (July to October) occasional typhoons bring high winds and floods; low-level seismic activity common in southwest
Natural resources NEGL coal, tungsten, graphite, molybdenum, lead, hydropower potential
Net migration rate 8.83 migrant(s)/1,000 population (2007 est.) 0 migrant(s)/1,000 population (2007 est.)
Pipelines - gas 1,482 km; refined products 827 km (2007)
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] Creative Korea Party or CKP [MOON Kook-hyun]; Democratic Labor Party or DLP [CHUN Young-se]; Grand National Party or GNP [KANG Jae-sup]; Liberty Forward Party or LFP [SIM Dae-pyung]; United Democratic Party or UDP [SOHN Hak-kyu]
Political pressure groups and leaders NA Federation of Korean Industries; Federation of Korean Trade Unions; Korean Confederation of Trade Unions; Korean National Council of Churches; Korean Traders Association; Korean Veterans' Association; National Council of Labor Unions; National Democratic Alliance of Korea; National Federation of Farmers' Associations; National Federation of Student Associations
Population 23,552 (July 2007 est.) 49,044,790 (July 2007 est.)
Population below poverty line NA% 15% (2003 est.)
Population growth rate 1.923% (2007 est.) 0.394% (2007 est.)
Radio broadcast stations AM 1, FM 5, shortwave 0 (2004) AM 61, FM 150, shortwave 2 (2005)
Railways - total: 3,472 km


standard gauge: 3,472 km 1.435-m gauge (1,342 km electrified) (2006)
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) Christian 26.3% (Protestant 19.7%, Roman Catholic 6.6%), Buddhist 23.2%, other or unknown 1.3%, none 49.3% (1995 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: 1.08 male(s)/female


under 15 years: 1.106 male(s)/female


15-64 years: 1.038 male(s)/female


65 years and over: 0.688 male(s)/female


total population: 1.01 male(s)/female (2007 est.)
Suffrage 18 years of age; universal 19 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: excellent domestic and international services


domestic: NA


international: country code - 82; numerous submarine cables provide links throughout Asia, Australia, the Middle East, Europe, and US; satellite earth stations - 3 Intelsat (1 Pacific Ocean and 2 Indian Ocean) and 3 Inmarsat (1 Pacific Ocean and 2 Indian Ocean)
Telephones - main lines in use 11,700 (2002) 26.866 million (2006)
Telephones - mobile cellular 8,000 (2002) 40.197 million (2006)
Television broadcast stations 1 (plus 1 cable company) (1997) 43 (plus 59 cable operators and 190 relay cable operators) (2005)
Terrain coral islands relatively flat; volcanic islands steep, hilly mostly hills and mountains; wide coastal plains in west and south
Total fertility rate 1.72 children born/woman (2007 est.) 1.28 children born/woman (2007 est.)
Unemployment rate 3.6% (1997) 3.2% (2007 est.)
Waterways - 1,608 km (most navigable only by small craft) (2007)
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