Cayman Islands (2002) | Korea, South (2001) | |
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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% (male 3,836; female 4,156)
15-64 years: 69.7% (male 12,335; female 12,929) 65 years and over: 8.3% (male 1,399; female 1,618) (2002 est.) |
0-14 years:
21.59% (male 5,475,453; female 4,864,918) 15-64 years: 71.14% (male 17,291,202; female 16,789,380) 65 years and over: 7.27% (male 1,352,312; female 2,131,105) (2001 est.) |
Agriculture - products | vegetables, fruit; livestock, turtle farming | rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish |
Airports | 3 (2001) | 102 (2000 est.) |
Airports - with paved runways | total: 2
1,524 to 2,437 m: 2 (2002) |
total:
68 over 3,047 m: 2 2,438 to 3,047 m: 18 1,524 to 2,437 m: 16 914 to 1,523 m: 11 under 914 m: 21 (2000 est.) |
Airports - with unpaved runways | total: 1
914 to 1,523 m: 1 (2002) |
total:
34 914 to 1,523 m: 2 under 914 m: 32 (2000 est.) |
Area | total: 262 sq km
land: 262 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. The Korean War (1950-53) had US and other UN forces intervene to defend South Korea from North Korean attacks supported by the Chinese. An armistice was signed in 1953 splitting the peninsula at the 38th parallel known as the DMZ. Thereafter, South Korea achieved rapid economic growth, with per capita income rising to 13 times the level of North Korea. In 1997, the nation suffered a severe financial crisis from which it continues to make a solid recovery. South Korea has also maintained its commitment to democratize its political processes. In June 2000, a historic first south-north summit took place between the south's President KIM Dae-jung and the north's leader KIM Chong-il. In December 2000, President KIM Dae-jung won the Noble Peace Prize for his lifeling committment to democracy and human rights in Asia. He is the first Korean to win a Nobel Prize. |
Birth rate | 13.45 births/1,000 population (2002 est.) | 14.85 births/1,000 population (2001 est.) |
Budget | revenues: $265.2 million
expenditures: $248.9 million, including capital expenditures of $NA (1997) |
revenues:
$81.8 billion expenditures: $94.9 billion, including capital expenditures of $6.1 billion (1999) |
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 | 25 February 1988 |
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 | 5.24 deaths/1,000 population (2002 est.) | 5.93 deaths/1,000 population (2001 est.) |
Debt - external | $70 million (1996) | $137 billion (November 2000) |
Dependency status | overseas territory of the UK | - |
Diplomatic representation from the US | none (overseas territory of the UK) | chief of mission:
Ambassador (vacant) embassy: 82 Sejong-ro, Chongro-ku, Seoul 110-710 mailing address: American Embassy, Unit 15550, APO AP 96205-0001 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 YANG Song-chol chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 939-5600 FAX: [1] (202) 387-0205 consulate(s) general: Anchorage, Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, Miami, New York, San Francisco, and Seattle consulate(s): Hagatna (Guam) |
Disputes - international | none | Demarcation Line with North Korea; Liancourt Rocks (Takeshima/Tokdo) disputed with Japan |
Economic aid - recipient | $NA | $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 1998, 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 in 1997, with 600,000 from the US. 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 Dragons of East Asia, South Korea has achieved an incredible record of growth. Three decades ago GDP per capita was comparable with levels in the poorer countries of Africa and Asia. Today its GDP per capita is seven times India's, 16 times North Korea's, and comparable 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 certain longstanding weaknesses in South Korea's development model, including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. By 1999 GDP growth had recovered, reversing the substantial decline of 1998. Seoul has pressed the country's largest business groups to restructure and to strengthen their financial base. Growth in 2001 likely will be a more sustainable rate of 5%. |
Electricity - consumption | 330.15 million kWh (2000) | 232.767 billion kWh (1999) |
Electricity - exports | 0 kWh (2000) | 0 kWh (1999) |
Electricity - imports | 0 kWh (2000) | 0 kWh (1999) |
Electricity - production | 355 million kWh (2000) | 250.287 billion kWh (1999) |
Electricity - production by source | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (2000) |
fossil fuel:
59.22% hydro: 1.64% nuclear: 39.12% other: 0.02% (1999) |
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 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, 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 - 0.82 (29 October 2001), 0.83 (3 November 1995), 0.85 (22 November 1993) | South Korean won per US dollar - 1,271.89 (January 2001), 1,130.96 (2000), 1,188.82 (1999), 1,401.44 (1998), 951.29 (1997), 804.45 (1996) |
Executive branch | chief of state: Queen ELIZABETH II (since 6 February 1952); Governor Bruce DINWIDDY (since 29 May 2002)
head of government: Chief Secretary W. McKeeva BUSH (since NA December 2001) 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; the chief secretary is appointed by the governor |
chief of state:
President KIM Dae-jung (since 25 February 1998) head of government: Prime Minister YI Han-tong (since 23 May 2000) 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 18 December 1997 (next to be held by 18 December 2002); prime minister appointed by the president; deputy prime ministers appointed by the president on the prime minister's recommendation election results: KIM Dae-jung elected president; percent of vote - KIM Dae-jung (NCNP) 40.3% (with ULD partnership), YI Hoe-chang (GNP) 38.7%, YI In-che (NPP) 19.2% |
Exports | $1.2 million (1999) | $172.6 billion (f.o.b., 2000) |
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 20.5%, Japan 11%, China 9.5%, Hong Kong 6.3%, Taiwan 4.4% (1999) |
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 - $1.18 billion (1999 est.) | purchasing power parity - $764.6 billion (2000 est.) |
GDP - composition by sector | agriculture: 1%
industry: 3% services: 95% (1994 est.) |
agriculture:
5.6% industry: 41.4% services: 53% (1999 est.) |
GDP - per capita | purchasing power parity - $30,000 (1999 est.) | purchasing power parity - $16,100 (2000 est.) |
GDP - real growth rate | 4.5% (2000) | 9% (2000 est.) |
Geographic coordinates | 19 30 N, 80 30 W | 37 00 N, 127 30 E |
Geography - note | important location between Cuba and Central America | - |
Heliports | - | 203 (2000 est.) |
Highways | total: 406 km
paved: 304 km unpaved: 102 km |
total:
87,534 km paved: 65,388 km (including 1,996 km of expressways) unpaved: 22,146 km (1999) |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%:
2.9% highest 10%: 24.3% (1993) |
Illicit drugs | offshore financial center; vulnerable to drug transshipment to the US and Europe | - |
Imports | $457.4 million (1999) | $160.5 billion (f.o.b., 2000) |
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 | US 20.8%, Japan 20.2%, China 7.4%, Saudi Arabia 4.7%, Australia 3.9% (1999) |
Independence | none (overseas territory of the UK) | 15 August 1945 (from Japan) |
Industrial production growth rate | NA% | 17% (2000) |
Industries | tourism, banking, insurance and finance, construction, construction materials, furniture | electronics, automobile production, chemicals, shipbuilding, steel, textiles, clothing, footwear, food processing |
Infant mortality rate | 9.89 deaths/1,000 live births (2002 est.) | 7.71 deaths/1,000 live births (2001 est.) |
Inflation rate (consumer prices) | 2.3% (2000) (2000) | 2.3% (2000) |
International organization participation | Caricom (observer), CDB, Interpol (subbureau), IOC, UNESCO (associate) | AfDB, APEC, ARF (dialogue partner), AsDB, ASEAN (dialogue partner), Australia Group, BIS, CCC, CP, EBRD, ESCAP, FAO, G-77, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA (observer), IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, MINURSO, NAM (guest), NEA, NSG, OAS (observer), OECD, OPCW, OSCE (partner), PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMOGIP, UNOMIG, UNTAET, UNU, UPU, WHO, WIPO, WMO, WToO, WTrO, ZC |
Internet Service Providers (ISPs) | 16 (2000) | 11 (2000) |
Irrigated land | NA sq km | 13,350 sq km (1993 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 (2000) |
Labor force - by occupation | agriculture 1%, industry 13%, services 86% (1995) | services 68%, industry 20%, agriculture 12% (1999) |
Land boundaries | 0 km | total:
238 km border countries: North Korea 238 km |
Land use | arable land: 0%
permanent crops: 0% other: 100% (1998 est.) |
arable land:
19% permanent crops: 2% permanent pastures: 1% forests and woodland: 65% other: 13% (1993 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 from the Executive Council 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)
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 |
Life expectancy at birth | total population: 79.18 years
male: 76.38 years female: 81.59 years (2002 est.) |
total population:
74.65 years male: 70.97 years female: 78.74 years (2001 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% male: 99.3% female: 96.7% (1995 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: 121 ships (1,000 GRT or over) totaling 2,034,181 GRT/3,191,597 DWT
ships by type: bulk 24, cargo 4, chemical tanker 34, container 1, liquefied gas 1, petroleum tanker 14, refrigerated cargo 40, roll on/roll off 2, specialized tanker 1 note: includes some foreign-owned ships registered here as a flag of convenience: Bahrain 2, China 1, Germany 4, Greece 27, Hong Kong 3, Italy 2, Japan 1, Norway 14, Sweden 13, United Kingdom 15, United States 35 (2002 est.) |
total:
496 ships (1,000 GRT or over) totaling 5,421,993 GRT/8,757,034 DWT ships by type: bulk 105, cargo 168, chemical tanker 38, combination bulk 5, container 49, liquefied gas 16, multi-functional large-load carrier 1, passenger 3, petroleum tanker 70, refrigerated cargo 27, roll on/roll off 4, short-sea passenger 1, specialized tanker 4, vehicle carrier 5 (2000 est.) |
Military - note | defense is the responsibility of the UK | - |
Military branches | no regular indigenous military forces; Royal Cayman Islands Police Force (RCIPF) | Army, Navy, Air Force, Marine Corps, National Maritime Police (Coast Guard) |
Military expenditures - dollar figure | - | $12 billion (2000) |
Military expenditures - percent of GDP | - | 3.2% (FY98/99) |
Military manpower - availability | - | males age 15-49:
14,148,552 (2001 est.) |
Military manpower - fit for military service | - | males age 15-49:
8,979,778 (2001 est.) |
Military manpower - military age | - | 18 years of age |
Military manpower - reaching military age annually | - | males:
394,397 (2001 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 | 12.08 migrant(s)/1,000 population
note: major destination for Cubans trying to migrate to the US (2002 est.) |
0 migrant(s)/1,000 population (2001 est.) |
Pipelines | - | petroleum products 455 km; note - additionally, there is a parallel petroleum, oils, and lubricants (POL) pipeline being completed |
Political parties and leaders | there are no formal political parties but the following loose groupings act as political organizations; National Team [leader NA]; Democratic Alliance [leader NA]; Team Cayman [leader NA]; United Democratic Party [leader NA] | Grand National Party or GNP [YI Hoe-chang, president]; Millennium Democratic Party or MDP [KIM Dae-jung, president]; United Liberal Democrats or ULD [KIM Chong-p'il, honorary chairman, KIM Chong-ho, acting president]
note: on 20 January 2000, the National Congress for New Politics or NCNP was renamed the Millennium Democratic Party or MDP |
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 | 36,273 (July 2002 est.) | 47,904,370 (July 2001 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 2.03% (2002 est.) | 0.89% (2001 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 106, FM 97, shortwave 6 (1999) |
Radios | 36,000 (1997) | 47.5 million (1997) |
Railways | 0 km | total:
6,240 km standard gauge: 6,240 km 1.435-m gauge (525 km electrified) (1998 est.) |
Religions | United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic | 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: 0.92 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 (2002 est.) |
at birth:
1.11 male(s)/female under 15 years: 1.13 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 0.63 male(s)/female total population: 1.01 male(s)/female (2001 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 (1999) |
Telephones - mobile cellular | 2,534 (1995) | 27 million (June 2000) |
Television broadcast stations | 1 with cable system | 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 | 2.03 children born/woman (2002 est.) | 1.72 children born/woman (2001 est.) |
Unemployment rate | 4.1% (1997) | 4.1% (2000 est.) |
Waterways | none | 1,609 km
note: restricted to small native craft |