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Compare Cayman Islands (2003) - Korea, South (2004)

Compare Cayman Islands (2003) z Korea, South (2004)

 Cayman Islands (2003)Korea, South (2004)
 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)

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 (Inchon), Kwangju-gwangyoksi (Kwangju), Pusan-gwangyoksi (Pusan), Soul-t'ukpyolsi (Seoul), Taegu-gwangyoksi (Taegu), Taejon-gwangyoksi (Taejon), Ulsan-gwangyoksi (Ulsan)
Age structure 0-14 years: 21.6% (male 4,525; female 4,541)


15-64 years: 70.6% (male 14,463; female 15,157)


65 years and over: 7.7% (male 1,515; female 1,733) (2003 est.)
0-14 years: 20.4% (male 5,223,344; female 4,681,594)


15-64 years: 71.4% (male 17,625,302; female 17,072,029)


65 years and over: 8.2% (male 1,597,085; female 2,398,821) (2004 est.)
Agriculture - products vegetables, fruit; livestock, turtle farming rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports 3 (2002) 102 (2003 est.)
Airports - with paved runways total: 2


1,524 to 2,437 m: 2 (2002)
total: 88


over 3,047 m: 3


2,438 to 3,047 m: 21


1,524 to 2,437 m: 14


914 to 1,523 m: 12


under 914 m: 38 (2004 est.)
Airports - with unpaved runways total: 1


914 to 1,523 m: 1 (2002)
total: 91


914 to 1,523 m: 3


under 914 m: 88 (2004 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 since 1863, they remained a British dependency after 1962 when the former became independent. Korea was an independent kingdom under Chinese suzerainty for most of the past millennium. Following its victory in the Russo-Japanese War in 1905, Japan occupied Korea; five years later it formally annexed the entire peninsula. 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 18 times the level of North Korea. In 1987, South Korean voters elected ROH Tae-woo to the presidency, ending 26 years of military dictatorships. 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 Tae-chung and the North's leader KIM Jong Il.
Birth rate 13.33 births/1,000 population (2003 est.) 12.33 births/1,000 population (2004 est.)
Budget revenues: $265.2 million


expenditures: $248.9 million, including capital expenditures of $NA (1997)
revenues: $135.5 billion


expenditures: $128.7 billion, including capital expenditures of $23.5 billion (2003)
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 4.7 deaths/1,000 population (2003 est.) 6.13 deaths/1,000 population (2004 est.)
Debt - external $70 million (1996) $130.3 billion (2003 est.)
Dependency status overseas territory of the UK -
Diplomatic representation from the US none (overseas territory of the UK) chief of mission: Ambassador Christopher R. HILL


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 HONG Seok-hyun


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; periodic maritime disputes with North Korea over the Northern Limit Line; unresolved dispute with Japan over Liancourt Rocks (Tok-do/Take-shima) and occasional protests over fishing rights in grounds also claimed by 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 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. Since the early 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. 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 National Assembly approved legislation reducing the six-day work week to five days.
Electricity - consumption 355.2 million kWh (2001) 270.3 billion kWh (2001)
Electricity - exports 0 kWh (2001) 0 kWh (2001)
Electricity - imports 0 kWh (2001) 0 kWh (2001)
Electricity - production 381.9 million kWh (2001) 290.7 billion kWh (2001)
Electricity - production by source fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (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 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 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 - 1,191.61 (2003), 1,251.09 (2002), 1,290.99 (2001), 1,130.96 (2000), 1,188.82 (1999)
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 ROH Moo-hyun (since 25 February 2003)


head of government: Prime Minister LEE Hae-chan (since 25 May 2004); Deputy Prime Ministers KIM Jin-pyo (since 28 January 2005), LEE Hun-jai (since 10 February 2004), and OH Myung (since 18 October 2004)


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


elections: president elected by popular vote for single five-year term; election last held 19 December 2002 (next to be held in December 2007); prime minister appointed by president with consent of National Assembly; deputy prime ministers appointed by president on prime minister's recommendation


election results: results of the 19 December 2002 election - ROH Moo-hyun elected president; percent of vote - ROH Moo-hyun (MDP) 48.9%; LEE Hoi-chang (GNP) 46.6%; other 4.5%
Exports NA (2001) 804,700 bbl/day (2001)
Exports - commodities turtle products, manufactured consumer goods Semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals
Exports - partners mostly US China 18.2%, US 17.8%, Japan 9%, Hong Kong 7.6% (2003)
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 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 - $1.27 billion (2002 est.) purchasing power parity - $857.8 billion (2003 est.)
GDP - composition by sector agriculture: 1.4%


industry: 3.2%


services: 95.4% (1994 est.)
agriculture: 3.6%


industry: 36.4%


services: 60% (2003 est.)
GDP - per capita purchasing power parity - $35,000 (2002 est.) purchasing power parity - $17,800 (2003 est.)
GDP - real growth rate 1.7% (2002 est.) 3.1% (2003 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 - 206 (2003 est.)
Highways total: 785 km


paved: 785 km (2000)
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%: 2.9%


highest 10%: 22.5% (1999 est.)
Illicit drugs offshore financial center; vulnerable to drug transshipment to the US and Europe -
Imports NA (2001) 2.965 million bbl/day (2001)
Imports - commodities foodstuffs, manufactured goods machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics
Imports - partners US, Trinidad and Tobago, UK, Netherlands Antilles, Japan Japan 20.3%, US 13.9%, China 12.3%, Saudi Arabia 5.2% (2003)
Independence none (overseas territory of the UK) 15 August 1945 (from Japan)
Industrial production growth rate NA% 5.1% (2003 est.)
Industries tourism, banking, insurance and finance, construction, construction materials, furniture electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
Infant mortality rate total: 8.64 deaths/1,000 live births


male: 9.9 deaths/1,000 live births


female: 7.35 deaths/1,000 live births (2003 est.)
total: 7.18 deaths/1,000 live births


male: 7.64 deaths/1,000 live births


female: 6.68 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) 2.8% (2002) 3.6% (2003 est.)
International organization participation Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate) AfDB, APEC, ARF, AsDB, ASEAN (dialogue partner), Australia Group, BIS, CP, EBRD, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAIA, MIGA, MINURSO, NAM (guest), NEA, NSG, OAS (observer), OECD, ONUB, OPCW, OSCE (partner), PCA, UN, UNCTAD, UNESCO, UNIDO, UNMIL, UNMOGIP, UNOMIG, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTO, ZC
Internet Service Providers (ISPs) 16 (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 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 19,820 (1995) 22.92 million (2003)
Labor force - by occupation agriculture 1.4%, industry 12.6%, services 86% (1995) agriculture 8.8%, industry 19.1%, services 72.1% (2001)
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: 17.18%


permanent crops: 1.95%


other: 80.87% (2001)
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 (299 seats -- members elected for four-year terms; 243 in single-seat constituencies, 56 by proportional representation


elections: last held 15 April 2004 (next to be held in April 2008; by-elections scheduled for April 2005))


election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, MDP 3%, others 2%; seats by party - Uri 152, GNP 121, DLP 10, MDP 9, others 7 (2004)
Life expectancy at birth total population: 79.67 years


male: 77.08 years


female: 82.3 years (2003 est.)
total population: 75.58 years


male: 71.96 years


female: 79.54 years (2004 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: 97.9%


male: 99.2%


female: 96.6% (2002)
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
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: 123 ships (1,000 GRT or over) 2,402,058 GRT/3,792,094 DWT


ships by type: bulk 22, cargo 5, chemical tanker 31, container 2, liquefied gas 1, petroleum tanker 21, refrigerated cargo 35, roll on/roll off 5, 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: 535 ships (1,000 GRT or over) 5,978,949 GRT/9,761,699 DWT


by type: bulk 97, cargo 174, chemical tanker 61, combination bulk 10, container 60, liquefied gas 19, passenger 3, petroleum tanker 73, refrigerated cargo 20, roll on/roll off 7, short-sea/passenger 2, specialized tanker 6, vehicle carrier 3


foreign-owned: Bahrain 1, China 1, Gibraltar 1, Honduras 1, Indonesia 1, Japan 3, Malaysia 1, Panama 1, Philippines 1, Saint Vincent and the Grenadines 1, United Kingdom 1, United States 1


registered in other countries: 442 (2004 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 - $14.522 billion (FY03)
Military expenditures - percent of GDP - 2.7% (FY03)
Military manpower - availability - males age 15-49: 14,233,895 (2004 est.)
Military manpower - fit for military service - males age 15-49: 8,966,241 (2004 est.)
Military manpower - reaching military age annually - males: 341,697 (2004 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 19.27 migrant(s)/1,000 population


note: major destination for Cubans trying to migrate to the US (2003 est.)
0 migrant(s)/1,000 population (2004 est.)
Pipelines - gas 1,433 km; refined products 827 km (2004)
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] Democratic Labor Party or DLP [KIM Hye-kyung, chairwoman]; Grand National Party or GNP [PARK Geun-hye, chairwoman]; Millennium Democratic Party or MDP [HAHN Hwa-kap, chairman]; United Liberal Democrats or ULD [KIM Hak-won, chairman]; Uri Party [LIM Chae-jung, interim 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 41,934 (July 2003 est.) 48,598,175 (July 2004 est.)
Population below poverty line NA% 4% (2001 est.)
Population growth rate 2.79% (2003 est.) 0.62% (2004 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 58, FM 150, shortwave 2 (2004)
Railways 0 km total: 3,125 km


standard gauge: 3,125 km 1.435-m gauge (661 km electrified) (2003)
Religions United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic no affiliation 46%, Christian 26%, Buddhist 26%, Confucianist 1%, other 1%
Sex ratio at birth: 1.02 male(s)/female


under 15 years: 1 male(s)/female


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


65 years and over: 0.87 male(s)/female


total population: 0.96 male(s)/female (2003 est.)
at birth: 1.09 male(s)/female


under 15 years: 1.12 male(s)/female


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


65 years and over: 0.67 male(s)/female


total population: 1.01 male(s)/female (2004 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: country code - 82; 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) 22.877 million (2003)
Telephones - mobile cellular 2,534 (1995) 33,591,800 (2003)
Television broadcast stations 1 with cable system 64 (additionally 119 Cable Operators; 239 Relay Cable Operators) (2004)
Terrain low-lying limestone base surrounded by coral reefs mostly hills and mountains; wide coastal plains in west and south
Total fertility rate 1.91 children born/woman (2003 est.) 1.56 children born/woman (2004 est.)
Unemployment rate 4.1% (1997) 3.4% (2003 est.)
Waterways none 1,608 km


note: most navigable only by small craft (2004)
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