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Compare Cayman Islands (2003) - Korea, South (2006)

Compare Cayman Islands (2003) z Korea, South (2006)

 Cayman Islands (2003)Korea, South (2006)
 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 (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: 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: 18.9% (male 4,844,083/female 4,368,139)


15-64 years: 71.9% (male 17,886,148/female 17,250,862)


65 years and over: 9.2% (male 1,818,677/female 2,678,914) (2006 est.)
Agriculture - products vegetables, fruit; livestock, turtle farming rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports 3 (2002) 107 (2006)
Airports - with paved runways total: 2


1,524 to 2,437 m: 2 (2002)
total: 69


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: 20 (2006)
Airports - with unpaved runways total: 1


914 to 1,523 m: 1 (2002)
total: 38


914 to 1,523 m: 3


under 914 m: 35 (2006)
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 for much of its millennia-long history. 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 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 Yo'ng-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.
Birth rate 13.33 births/1,000 population (2003 est.) 10 births/1,000 population (2006 est.)
Budget revenues: $265.2 million


expenditures: $248.9 million, including capital expenditures of $NA (1997)
revenues: $195 billion


expenditures: $189 billion; including capital expenditures of $NA (2005 est.)
Capital George Town name: Seoul


geographic coordinates: 37 34 N, 127 00 E


time difference: UTC+9 (14 hours ahead of Washington, DC during Standard Time)
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: Han'guk


abbreviation: ROK
Currency Caymanian dollar (KYD) -
Death rate 4.7 deaths/1,000 population (2003 est.) 5.85 deaths/1,000 population (2006 est.)
Debt - external $70 million (1996) $153.9 billion (2005 est.)
Dependency status overseas territory of the UK -
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, 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 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 maritime disputes with North Korea over the Northern Limit Line; South Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima), occupied by South Korea since 1954
Economic aid - donor - ODA, $423.3 million (2004)
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. In 2004, South Korea joined the trillion dollar club of world economies. Today its GDP per capita is equal to the lesser economies of the EU. 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. GDP plunged by 6.9% in 1998, then recovered 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 2005, growth moderated to about 4%. A downturn in consumer spending was offset by rapid export growth. In 2005, the government proposed labor reform legislation and a corporate pension scheme to help make the labor market more flexible, and new real estate policies to cool property speculation. Moderate inflation, low unemployment, an export surplus, and fairly equal distribution of income characterize this solid economy.
Electricity - consumption 355.2 million kWh (2001) 321.1 billion kWh (2004)
Electricity - exports 0 kWh (2001) 0 kWh (2004)
Electricity - imports 0 kWh (2001) 0 kWh (2004)
Electricity - production 381.9 million kWh (2001) 342.1 billion kWh (2004)
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 - 1,024.1 (2005), 1,145.3 (2004), 1,191.6 (2003), 1,251.1 (2002), 1,291 (2001)
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 HAN Myeong-sook (since 20 April 2006); 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 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: 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) 645,200 bbl/day (2004)
Exports - commodities turtle products, manufactured consumer goods semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals
Exports - partners mostly US China 21.8%, US 14.6%, Japan 8.5%, Hong Kong 5.5% (2005)
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.) -
GDP - composition by sector agriculture: 1.4%


industry: 3.2%


services: 95.4% (1994 est.)
agriculture: 3.3%


industry: 40.3%


services: 56.3% (2005 est.)
GDP - per capita purchasing power parity - $35,000 (2002 est.) -
GDP - real growth rate 1.7% (2002 est.) 4% (2005 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 - 540 (2006)
Highways total: 785 km


paved: 785 km (2000)
-
Household income or consumption by percentage share lowest 10%: NA%


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


highest 10%: 25% (2005 est.)
Illicit drugs offshore financial center; vulnerable to drug transshipment to the US and Europe -
Imports NA (2001) 2.263 million bbl/day (2004)
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 18.5%, China 14.8%, US 11.8%, Saudi Arabia 6.2% (2005)
Independence none (overseas territory of the UK) 15 August 1945 (from Japan)
Industrial production growth rate NA% 5.9% (2005 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: 6.16 deaths/1,000 live births


male: 6.54 deaths/1,000 live births


female: 5.75 deaths/1,000 live births (2006 est.)
Inflation rate (consumer prices) 2.8% (2002) 2.8% (2005 est.)
International organization participation Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate) AfDB, APEC, APT, ARF, AsDB, ASEAN (dialogue partner), Australia Group, BIS, CP, EAS, EBRD, FAO, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITU, LAIA, MIGA, NEA, NSG, OAS (observer), OECD, ONUB, OPCW, OSCE (partner), PCA, PIF (partner), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNMIS, UNMOGIP, UNOMIG, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTO, ZC
Internet Service Providers (ISPs) 16 (2000) -
Irrigated land NA sq km 8,780 sq km (2003)
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) 23.53 million (2005 est.)
Labor force - by occupation agriculture 1.4%, industry 12.6%, services 86% (1995) agriculture: 6.4%


industry: 26.4%


services: 67.2% (2005 est.)
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: 16.58%


permanent crops: 2.01%


other: 81.41% (2005)
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; byelections held on 30 April 2005 and on 26 October 2005)


election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, DP 3%, others 2%; seats by party - Uri 144, GNP 127, DP 11, DLP 9, ULD 3, independents 5


note: percent of vote is for 2004 general election; seats by party reflect results of April and October 2005 byelections involving six and four seats respectively; MDP became DP in May 2005; United Liberal Democrats (ULD) merged with GNP in February 2006. (2006)
Life expectancy at birth total population: 79.67 years


male: 77.08 years


female: 82.3 years (2003 est.)
total population: 77.04 years


male: 73.61 years


female: 80.75 years (2006 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: 669 ships (1000 GRT or over) 8,634,188 GRT/13,733,624 DWT


by type: bulk carrier 157, cargo 193, chemical tanker 98, container 81, liquefied gas 22, passenger 5, passenger/cargo 24, petroleum tanker 57, refrigerated cargo 17, roll on/roll off 6, specialized tanker 3, vehicle carrier 6


foreign-owned: 22 (France 12, Japan 1, UK 2, US 7)


registered in other countries: 365 (Belize 4, Cambodia 23, China 2, Cyprus 1, Georgia 1, Honduras 6, Hong Kong 6, Indonesia 1, Liberia 3, Malaysia 1, Malta 6, Marshall Islands 1, Panama 291, Singapore 17, unknown 2) (2006)
Military - note defense is the responsibility of the UK -
Military branches no regular indigenous military forces; Royal Cayman Islands Police Force (RCIPF) Army, Navy, Republic of Korea Air Force (Han-guk Kong Goon), Marine Corps, National Maritime Police (coast guard) (2006)
Military expenditures - dollar figure - $21.06 billion FY05 (2005 est.)
Military expenditures - percent of GDP - 2.6% FY05 (2005 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 (2006 est.)
Pipelines - gas 1,482 km; refined products 827 km (2006)
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 [MOON Seong-hyun]; Democratic Party or DP [HAHN Hwa-kap]; Grand National Party or GNP [KANG Jae-sup]; People-Centered Party or PCP [SHIN Kook-hwan]; Uri Party [KIM Geun-tae]
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.) 48,846,823 (July 2006 est.)
Population below poverty line NA% 15% (2003 est.)
Population growth rate 2.79% (2003 est.) 0.42% (2006 est.)
Ports and harbors Cayman Brac, George Town -
Radio broadcast stations AM 1, FM 5, shortwave 0 (1998) AM 61, FM 150, shortwave 2 (2005)
Railways 0 km total: 3,472 km


standard gauge: 3,472 km 1.435-m gauge (1,361 km electrified) (2005)
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: 1.08 male(s)/female


under 15 years: 1.11 male(s)/female


15-64 years: 1.04 male(s)/female


65 years and over: 0.68 male(s)/female


total population: 1.01 male(s)/female (2006 est.)
Suffrage 18 years of age; universal 19 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; 10 fiber-optic submarine cables - 1 Korea-Russia-Japan, 1 Korea-Japan-Hong Kong, 3 Korea-Japan-China, 1 Korea-Japan-China-Europe, 1 Korea-Japan-China-US-Taiwan, 1 Korea-Japan-China, 1 Korea-Japan-Hong Kong-Taiwan, 1 Korea-Japan; 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 19,000 (1995) 23.745 million (2005)
Telephones - mobile cellular 2,534 (1995) 38.342 million (2005)
Television broadcast stations 1 with cable system terrestrial stations 43; cable operators 59; relay cable operators 190 (2005)
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.) 1.27 children born/woman (2006 est.)
Unemployment rate 4.1% (1997) 3.7% (2005 est.)
Waterways none 1,608 km (most navigable only by small craft) (2006)
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