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Compare Cayman Islands (2001) - Korea, South (2003)

Compare Cayman Islands (2001) z Korea, South (2003)

 Cayman Islands (2001)Korea, South (2003)
 Cayman IslandsKorea, South
Administrative divisions 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western 9 provinces (do, singular and plural) and 7 metropolitan cities* (gwangyoksi, singular and plural); Cheju-do, Cholla-bukto, Cholla-namdo, Ch'ungch'ong-bukto, Ch'ungch'ong-namdo, Inch'on-gwangyoksi*, Kangwon-do, Kwangju-gwangyoksi*, Kyonggi-do, Kyongsang-bukto, Kyongsang-namdo, Pusan-gwangyoksi*, Soul-t'ukpyolsi*, Taegu-gwangyoksi*, Taejon-gwangyoksi*, Ulsan-gwangyoksi*
Age structure 0-14 years:
22.21% (male 3,807; female 4,084)

15-64 years:
69.74% (male 12,102; female 12,676)

65 years and over:
8.05% (male 1,318; female 1,540) (2001 est.)
0-14 years: 20.6% (male 5,256,451; female 4,703,853)


15-64 years: 71.5% (male 17,527,407; female 16,991,229)


65 years and over: 7.9% (male 1,512,157; female 2,297,940) (2003 est.)
Agriculture - products vegetables, fruit; livestock, turtle farming rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports 3 (2000 est.) 102 (2002)
Airports - with paved runways total:
2

1,524 to 2,437 m:
2 (2000 est.)
total: 69


over 3,047 m: 3


2,438 to 3,047 m: 18


1,524 to 2,437 m: 16


914 to 1,523 m: 11


under 914 m: 21 (2002)
Airports - with unpaved runways total:
1

914 to 1,523 m:
1 (2000 est.)
total: 33


914 to 1,523 m: 2


under 914 m: 31 (2002)
Area total:
259 sq km

land:
259 sq km

water:
0 sq km
total: 98,480 sq km


land: 98,190 sq km


water: 290 sq km
Area - comparative 1.5 times the size of Washington, DC slightly larger than Indiana
Background The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica from 1863, they remained a British dependency after 1962 when the former became independent. After World War II, a republic was set up in the southern half of the Korean Peninsula while a Communist-style government was installed in the north. During the Korean War (1950-1953), US and other UN forces intervened to defend South Korea from North Korean attacks supported by the Chinese. 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 20 times the level of North Korea. South Korea has maintained its commitment to democratize its political processes. 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 Chong-il.
Birth rate 13.79 births/1,000 population (2001 est.) 12.6 births/1,000 population (2003 est.)
Budget revenues:
$265.2 million

expenditures:
$248.9 million, including capital expenditures of $NA (1997)
revenues: $118.1 billion


expenditures: $95.7 billion, including capital expenditures of $22.6 billion (2000)
Capital George Town Seoul
Climate tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) temperate, with rainfall heavier in summer than winter
Coastline 160 km 2,413 km
Constitution 1959, revised 1972 and 1992 17 July 1948
Country name conventional long form:
none

conventional short form:
Cayman Islands
conventional long form: Republic of Korea


conventional short form: South Korea


local long form: Taehan-min'guk


local short form: none


note: the South Koreans generally use the term "Han'guk" to refer to their country


abbreviation: ROK
Currency Caymanian dollar (KYD) South Korean won (KRW)
Death rate 5.15 deaths/1,000 population (2001 est.) 6.03 deaths/1,000 population (2003 est.)
Debt - external $70 million (1996) $135.2 billion (yearend 2002 est.)
Dependency status overseas territory of the UK -
Diplomatic representation from the US none (overseas territory of the UK) chief of mission: Ambassador Thomas C. HUBBARD


embassy: 82 Sejong-no, Jongno-gu, Seoul 110-710


mailing address: American Embassy, Unit 15550, 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 HAN Sung-chu (HAN Sung-joo)


chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 939-5600


FAX: [1] (202) 387-0205


consulate(s) general: Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, and Seattle


consulate(s): New York, Tamuning (Guam)
Disputes - international none Military Demarcation Line within the 4-km wide Demilitarized Zone has separated North from South Korea since 1953; Liancourt Rocks (Take-shima/Tok-do) are disputed with Japan
Economic aid - donor - ODA $200 million
Economic aid - recipient $NA -
Economy - overview With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1997, including almost 600 banks and trust companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1.2 million visitors in 1997. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world. As one of the Four Tigers of East Asia, South Korea has achieved an incredible record of growth and integration into the high-tech modern world economy. Three decades ago GDP per capita was comparable with levels in the poorer countries of Africa and Asia. Today its GDP per capita is 18 times North Korea's and equal to the lesser economies of the European Union. This success through the late 1980s 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 1997-99 exposed longstanding weaknesses in South Korea's development model, including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. Growth plunged to a negative 6.6% in 1998, then strongly recovered to 10.8% in 1999 and 9.2% 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 6.2%, despite anemic global growth, followed by moderate 2.8% growth in 2003. In 2003 the six-day work week was reduced to five days.
Electricity - consumption 306.9 million kWh (1999) 270.3 billion kWh (2001)
Electricity - exports 0 kWh (1999) 0 kWh (2001)
Electricity - imports 0 kWh (1999) 0 kWh (2001)
Electricity - production 330 million kWh (1999) 290.7 billion kWh (2001)
Electricity - production by source fossil fuel:
100%

hydro:
0%

nuclear:
0%

other:
0% (1999)
fossil fuel: 62.4%


hydro: 0.8%


nuclear: 36.6%


other: 0.2% (2001)
Elevation extremes lowest point:
Caribbean Sea 0 m

highest point:
The Bluff 43 m
lowest point: Sea of Japan 0 m


highest point: Halla-san 1,950 m
Environment - current issues no natural fresh water resources; drinking water supplies must be met by rainwater catchment 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, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling


signed, but not ratified: Climate Change-Kyoto Protocol
Ethnic groups mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% homogeneous (except for about 20,000 Chinese)
Exchange rates Caymanian dollars per US dollar - 0.83 (3 November 1995), 0.85 (22 November 1993) South Korean won per US dollar - 1,251.09 (2002), 1,290.99 (2001), 1,130.96 (2000), 1,188.82 (1999), 1,401.44 (1998)
Executive branch chief of state:
Queen ELIZABETH II (since 6 February 1952); Governor and President of the Executive Council Peter SMITH (since 5 May 1999)

head of government:
Kurt TIBBETTS (since November 2000)

cabinet:
Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly)

elections:
none; the monarch is hereditary; the governor is appointed by the monarch
chief of state: President NO Mu-hyun (ROH Moo-hyun) (since 25 February 2003)


head of government: Prime Minister KO Kun (KOH Kun) (since 27 February 2003); Deputy Prime Ministers KIM Chin-p'yo (KIM Jin-pyo) (since 27 February 2003) and YUN Tok-hong (since 6 March 2003)


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 2002 (next to be held NA December 2007); prime minister appointed by the president; deputy prime ministers appointed by the president on the prime minister's recommendation


election results: results of the 19 December 2002 election - NO Muh-hyun elected president, took office 25 February 2003; percent of vote - NO Muh-hyun (MDP) 48.9%; YI Hoe-ch'ang (GNP) 46.6%; other 4.5%
Exports $1.5 million (1998) 804,700 bbl/day (2001)
Exports - commodities turtle products, manufactured consumer goods electronic products, machinery and equipment, motor vehicles, steel, ships; textiles, clothing, footwear; fish
Exports - partners mostly US US 20.4%, China 14.7%, Japan 9.4%, Hong Kong 6.3% (2002)
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 Caymanian coat of arms on a white disk centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS 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 purchasing power parity - $930 million (1997 est.) purchasing power parity - $941.5 billion (2002 est.)
GDP - composition by sector agriculture:
1.4%

industry:
3.2%

services:
95.4% (1994 est.)
agriculture: 4.4%


industry: 41.6%


services: 54% (2001 est.)
GDP - per capita purchasing power parity - $24,500 (1997 est.) purchasing power parity - $19,600 (2002 est.)
GDP - real growth rate 4.9% (1999 est.) 6.3% (2002 est.)
Geographic coordinates 19 30 N, 80 30 W 37 00 N, 127 30 E
Geography - note important location between Cuba and Central America strategic location on Korea Strait
Heliports - 204 (2002)
Highways total:
406 km

paved:
304 km

unpaved:
102 km
total: 86,990 km


paved: 64,808 km (including 1,996 km of expressways)


unpaved: 22,182 km (1999 est.)
Household income or consumption by percentage share lowest 10%:
NA%

highest 10%:
NA%
lowest 10%: 2.6%


highest 10%: 24.8% (1998 est.)
Illicit drugs vulnerable to drug money laundering and drug transshipment to the US and Europe -
Imports $507.6 million (1998) 2.965 million bbl/day (2001)
Imports - commodities foodstuffs, manufactured goods machinery, electronics and electronic equipment, oil, steel, transport equipment, textiles, organic chemicals, grains
Imports - partners US, Trinidad and Tobago, UK, Netherlands Antilles, Japan Japan 19.6%, US 15.2%, China 11.4%, Saudi Arabia 5% (2002)
Independence none (overseas territory of the UK) 15 August 1945 (from Japan)
Industrial production growth rate NA% 6.5% (2002 est.)
Industries tourism, banking, insurance and finance, construction, construction materials, furniture electronics, automobile production, chemicals, shipbuilding, steel, textiles, clothing, footwear, food processing
Infant mortality rate 10.16 deaths/1,000 live births (2001 est.) total: 7.31 deaths/1,000 live births


male: 7.77 deaths/1,000 live births


female: 6.8 deaths/1,000 live births (2003 est.)
Inflation rate (consumer prices) 3% (1998) 2.8% (2002 est.)
International organization participation Caricom (observer), CDB, Interpol (subbureau), IOC, UNESCO (associate) AfDB, APEC, ARF (dialogue partner), AsDB, ASEAN (dialogue partner), Australia Group, BIS, CP, EBRD, ESCAP, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA, IEA (observer), IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, MINURSO, NAM (guest), NEA, NSG, OAS (observer), OECD, OPCW, OSCE (partner), PCA, UN, UNCTAD, UNESCO, UNFICYP, UNHCR, UNIDO, UNMISET, UNMOGIP, UNOMIG, UNU, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTrO, ZC
Internet Service Providers (ISPs) 16 (2000) 11 (2000)
Irrigated land NA sq km 11,590 sq km (1998 est.)
Judicial branch Summary Court; Grand Court; Cayman Islands Court of Appeal Supreme Court (justices are appointed by the president with the consent of the National Assembly)
Labor force 19,820 (1995) 22 million (2001)
Labor force - by occupation agriculture 1.4%, industry 12.6%, services 86% (1995) services 69%, industry 21.5%, agriculture 9.5% (2001)
Land boundaries 0 km total: 238 km


border countries: North Korea 238 km
Land use arable land:
0%

permanent crops:
0%

permanent pastures:
8%

forests and woodland:
23%

other:
69% (1993 est.)
arable land: 17.44%


permanent crops: 2.05%


other: 80.51% (1998 est.)
Languages English Korean, English widely taught in junior high and high school
Legal system British common law and local statutes combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought
Legislative branch unicameral Legislative Assembly (18 seats, three appointed members and 15 elected by popular vote; members serve four-year terms)

elections:
last held 8 November 2000 (next to be held NA November 2004)

election results:
percent of vote - NA%; seats - NA
unicameral National Assembly or Kukhoe (273 seats total - 227 elected by direct, popular vote; members serve four-year terms); note - beginning in 2004, all members will be directly elected; possible redistricting before 2004 may affect the number of seats in the National Assembly


elections: last held 13 April 2000 (next to be held NA April 2004)


election results: percent of vote by party - NA%; seats by party - GNP 133, MDP 115, ULD 17, other 8; note - the distribution of seats as of April 2003 was: GNP 153, MDP 101, ULD 11, DPP 1, PPR 1, independents 5; one seat vacant
Life expectancy at birth total population:
79.03 years

male:
76.24 years

female:
81.43 years (2001 est.)
total population: 75.36 years


male: 71.73 years


female: 79.32 years (2003 est.)
Literacy definition:
age 15 and over has ever attended school

total population:
98%

male:
98%

female:
98% (1970 est.)
definition: age 15 and over can read and write


total population: 98.1%


male: 99.3%


female: 97% (2003 est.)
Location Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras 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 exclusive fishing zone:
200 NM

territorial sea:
12 NM
contiguous zone: 24 NM


continental shelf: not specified


exclusive economic zone: 200 NM


territorial sea: 12 NM; between 3 NM and 12 NM in the Korea Strait
Merchant marine total:
106 ships (1,000 GRT or over) totaling 1,656,452 GRT/2,643,036 DWT

ships by type:
bulk 21, cargo 5, chemical tanker 27, container 4, liquefied gas 1, petroleum tanker 13, refrigerated cargo 30, roll on/roll off 4, specialized tanker 1

note:
includes some foreign-owned ships registered here as a flag of convenience: Cyprus 2, Denmark 2, Finland 1, Greece 11, Norway 3, UK 3, US 3 (2000 est.)
total: 541 ships (1,000 GRT or over) 6,490,521 GRT/10,602,751 DWT


ships by type: bulk 114, cargo 174, chemical tanker 63, combination bulk 9, container 52, liquefied gas 17, passenger 3, petroleum tanker 69, refrigerated cargo 21, roll on/roll off 6, short-sea passenger 2, specialized tanker 6, vehicle carrier 5


note: includes some foreign-owned ships registered here as a flag of convenience: Australia 1, Bulgaria 1, China 1, Greece 1, Japan 1, Malaysia 1, Norway 1, Panama 1, Saint Vincent and the Grenadines 1, UK 1 (2002 est.)
Military - note defense is the responsibility of the UK -
Military branches Royal Cayman Islands Police Force (RCIPF) Army, Navy, Air Force, Marine Corps, National Maritime Police (Coast Guard)
Military expenditures - dollar figure - $13,094.3 million (FY02)
Military expenditures - percent of GDP - 2.8% (FY02)
Military manpower - availability - males age 15-49: 14,252,851 (2003 est.)
Military manpower - fit for military service - males age 15-49: 8,994,941 (2003 est.)
Military manpower - military age - 18 years of age (2003 est.)
Military manpower - reaching military age annually - males: 345,331 (2003 est.)
National holiday Constitution Day, first Monday in July Liberation Day, 15 August (1945)
Nationality noun:
Caymanian(s)

adjective:
Caymanian
noun: Korean(s)


adjective: Korean
Natural hazards hurricanes (July to November) occasional typhoons bring high winds and floods; low-level seismic activity common in southwest
Natural resources fish, climate and beaches that foster tourism coal, tungsten, graphite, molybdenum, lead, hydropower potential
Net migration rate 12.58 migrant(s)/1,000 population (2001 est.)

note:
major destination for Cubans trying to migrate to the US
0 migrant(s)/1,000 population (2003 est.)
Pipelines - gas 1,433 km; refined products 827 km (2003)
Political parties and leaders there are no formal political parties but the following loose groupings act as political organizations; National Team; Democratic Alliance; Team Cayman Democratic People's Party or DPP [leader NA]; Grand National Party or GNP [CH'OE Pyong-ryol, chairman]; Millennium Democratic Party or MDP [CHO Sun-hyong, chairman]; United Liberal Democrats or ULD [KIM Chong-p'il, president]; Uri Party [KIM Kun-t'ae, chairman]
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 35,527 (July 2001 est.) 48,289,037 (July 2003 est.)
Population below poverty line NA% 4% (2001 est.)
Population growth rate 2.12% (2001 est.) 0.66% (2003 est.)
Ports and harbors Cayman Brac, George Town Chinhae, Inch'on, Kunsan, Masan, Mokp'o, P'ohang, Pusan, Tonghae-hang, Ulsan, Yosu
Radio broadcast stations AM 1, FM 5, shortwave 0 (1998) AM 104, FM 136, shortwave 5 (2001)
Radios 36,000 (1997) -
Railways 0 km total: 3,125 km


standard gauge: 3,125 km 1.435-m gauge (661 km electrified) (2002)
Religions United Church (Presbyterian and Congregational), Anglican, Baptist, Roman Catholic, Church of God, other Protestant Christian 49%, Buddhist 47%, Confucianist 3%, Shamanist, Chondogyo (Religion of the Heavenly Way), and other 1%
Sex ratio at birth:
0.86 male(s)/female

under 15 years:
0.93 male(s)/female

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

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

total population:
0.94 male(s)/female (2001 est.)
at birth: 1.1 male(s)/female


under 15 years: 1.12 male(s)/female


15-64 years: 1.03 male(s)/female


65 years and over: 0.66 male(s)/female


total population: 1.01 male(s)/female (2003 est.)
Suffrage 18 years of age; universal 20 years of age; universal
Telephone system general assessment:
NA

domestic:
NA

international:
1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean)
general assessment: excellent domestic and international services


domestic: NA


international: fiber-optic submarine cable to China; the Russia-Korea-Japan submarine cable; satellite earth stations - 3 Intelsat (2 Pacific Ocean and 1 Indian Ocean) and 1 Inmarsat (Pacific Ocean region)
Telephones - main lines in use 19,000 (1995) 24 million (2000)
Telephones - mobile cellular 2,534 (1995) 28 million (September 2000)
Television broadcast stations NA 121 (plus 850 repeater stations and the eight-channel American Forces Korea Network) (1999)
Terrain low-lying limestone base surrounded by coral reefs mostly hills and mountains; wide coastal plains in west and south
Total fertility rate 2.04 children born/woman (2001 est.) 1.56 children born/woman (2003 est.)
Unemployment rate 4.1% (1997) 3.1% (2002 est.)
Waterways none 1,609 km


note: restricted to small native craft
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