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Compare Cayman Islands (2006) - Korea, South (2002)

Compare Cayman Islands (2006) z Korea, South (2002)

 Cayman Islands (2006)Korea, South (2002)
 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: 20.7% (male 4,708/female 4,700)


15-64 years: 70.9% (male 15,707/female 16,504)


65 years and over: 8.4% (male 1,793/female 2,024) (2006 est.)
0-14 years: 21.4% (male 5,488,808; female 4,875,379)


15-64 years: 71% (male 17,404,645; female 16,894,361)


65 years and over: 7.6% (male 1,434,873; female 2,225,934) (2002 est.)
Agriculture - products vegetables, fruit; livestock; turtle farming rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports 3 (2006) 102 (2001)
Airports - with paved runways total: 2


1,524 to 2,437 m: 2 (2006)
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 (2006)
total: 33


914 to 1,523 m: 2


under 914 m: 31 (2002)
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, and were administered by Jamaica after 1863. In 1959, the islands became a territory within the Federation of the West Indies, but when the Federation dissolved in 1962, the Cayman Islands chose to remain a British dependency. 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 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 12.74 births/1,000 population (2006 est.) 14.55 births/1,000 population (2002 est.)
Budget revenues: $423.8 million


expenditures: $392.6 million; including capital expenditures of $NA (1997)
revenues: $118.1 billion


expenditures: $95.7 billion, including capital expenditures of $22.6 billion (2000)
Capital name: George Town (on Grand Cayman)


geographic coordinates: 19 20 N, 81 23 W


time difference: UTC-5 (same time as Washington, DC during Standard Time)
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 1962, 1972, and 1994 25 February 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 - South Korean won (KRW)
Death rate 4.89 deaths/1,000 population (2006 est.) 6.02 deaths/1,000 population (2002 est.)
Debt - external $70 million (1996) $128.2 billion (2001)
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-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, New York, San Francisco, and Seattle


consulate(s): Tamuning (Guam)
Disputes - international none Demarcation Line with North Korea; Liancourt Rocks/Take-shima/Tok-do disputed with Japan
Economic aid - donor - ODA $200 million (2000)
Economic aid - recipient $390,000 $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 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 roughly 20 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 by 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 have stalled. Led by industry and construction, growth in 2002 was an impressive 5.8%, despited anemic global growth.
Electricity - consumption 411 million kWh (2003) 254.08 billion kWh (2000)
Electricity - exports 0 kWh (2003) 0 kWh (2000)
Electricity - imports 0 kWh (2003) 0 kWh (2000)
Electricity - production 441.9 million kWh (2003) 273.2 billion kWh (2000)
Electricity - production by source - fossil fuel: 61%


hydro: 1%


nuclear: 38%


other: 0% (2000)
Elevation extremes lowest point: Caribbean Sea 0 m


highest point: The Bluff (Cayman Brac) 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 - 1,317.01 (January 2002), 1,290.99 (2001), 1,130.96 (2000), 1,188.82 (1999), 1,401.44 (1998), 951.29 (1997)
Executive branch chief of state: Queen ELIZABETH II (since 6 February 1952); Governor Stuart JACK (since 23 November 2005)


head of government: Leader of Government Business Kurt TIBBETTS (since 18 May 2005)


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; following legislative elections, the leader of the majority party or coalition is appointed by the governor Leader of Government Business
chief of state: President ROH Muh-hyun (since 25 February 2003)


head of government: Prime Minister KO Kun (since 27 February 2003); Deputy Prime Minister KIM Chin-p'yo (since 27 February 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 - ROH Muh-hyun elected president, took office 25 February 2003; percent of vote - ROH Muh-hyun (MDP) 48.9%; YI Hoe-chang (GNP) 46.6%; other 4.5%
Exports NA bbl/day $159.2 billion f.o.b. (2002 est.)
Exports - commodities turtle products, manufactured consumer goods electronic products, machinery and equipment, motor vehicles, steel, ships; textiles, clothing, footwear; fish
Exports - partners mostly US (2004) US 20.7%, China 12.1%, Japan 11.0%, Hong Kong 6.3%, Taiwan 3.9% (2001)
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 - $931 billion (2002 est.)
GDP - composition by sector agriculture: 1.4%


industry: 3.2%


services: 95.4% (1994 est.)
agriculture: 4%


industry: 42%


services: 54% (2002 est.)
GDP - per capita - purchasing power parity - $19,400 (2002 est.)
GDP - real growth rate 0.9% (2004 est.) 5.8% (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: 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%: 3%


highest 10%: 25% (1998 est.)
Illicit drugs offshore financial center; vulnerable to drug transshipment to the US and Europe -
Imports NA bbl/day $146.6 billion f.o.b. (2002 est.)
Imports - commodities foodstuffs, manufactured goods machinery, electronics and electronic equipment, oil, steel, transport equipment, textiles, organic chemicals, grains
Imports - partners US, Netherlands Antilles, Japan (2004) Japan 18.9%, US 15.9%, China 9.4%, Saudi Arabia 5.7%, Australia 3.9% (2001)
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 total: 8 deaths/1,000 live births


male: 9.16 deaths/1,000 live births


female: 6.81 deaths/1,000 live births (2006 est.)
7.58 deaths/1,000 live births (2002 est.)
Inflation rate (consumer prices) 4.4% (2004) 2.8% (2002 est.)
International organization participation Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU 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, 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, UNHCR, UNIDO, UNMOGIP, UNOMIG, UNTAET, UNU, UPU, WCL, WHO, WIPO, WMO, WToO, WTrO, ZC
Internet Service Providers (ISPs) - 11 (2000)
Irrigated land NA 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 23,450 (2004) 22 million (2001)
Labor force - by occupation agriculture: 1.4%


industry: 12.6%


services: 86% (1995)
services 69%, industry 22%, agriculture 10% (2001)
Land boundaries 0 km total: 238 km


border countries: North Korea 238 km
Land use arable land: 3.85%


permanent crops: 0%


other: 96.15% (2005)
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, 3 appointed members from the Executive Council and 15 elected by popular vote; members serve four-year terms)


elections: last held 11 May 2005 (next to be held in 2009)


election results: percent of vote by party - NA; seats by party - PPM 9, UDP 5, independent 1
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 January 2002 is: GNP 136, MDP 118, ULD 15, DPP 2, independents 2
Life expectancy at birth total population: 80.07 years


male: 77.45 years


female: 82.74 years (2006 est.)
total population: 74.88 years


male: 71.2 years


female: 78.95 years (2002 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, three island (Grand Cayman, Cayman Brac, Little Cayman) group in Caribbean Sea, 240 km south of Cuba and 268 km northwest of Jamaica 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: 12 nm


exclusive fishing zone: 200 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: 132 ships (1000 GRT or over) 2,746,290 GRT/4,366,790 DWT


by type: bulk carrier 32, cargo 14, chemical tanker 42, liquefied gas 1, passenger 1, petroleum tanker 14, refrigerated cargo 23, roll on/roll off 3, specialized tanker 1, vehicle carrier 1


foreign-owned: 130 (Denmark 5, Germany 13, Greece 21, Italy 12, Japan 1, Malaysia 1, Netherlands 4, Norway 2, Philippines 1, Singapore 10, Sweden 9, UK 10, US 41) (2006)
total: 501 ships (1,000 GRT or over) totaling 5,679,171 GRT/9,172,403 DWT


ships by type: bulk 104, cargo 160, chemical tanker 47, combination bulk 6, container 52, liquefied gas 16, multi-functional large-load carrier 1, passenger 3, petroleum tanker 73, refrigerated cargo 25, roll on/roll off 5, short-sea passenger 1, specialized tanker 3, vehicle carrier 5, 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, United Kingdom 1 (2002 est.)
Military - note defense is the responsibility of the UK -
Military branches no regular military forces; Royal Cayman Islands Police Force Army, Navy, Air Force, Marine Corps, National Maritime Police (Coast Guard)
Military expenditures - dollar figure - $12.8 billion (FY00)
Military expenditures - percent of GDP - 2.8% (FY00)
Military manpower - availability - males age 15-49: 14,194,960 (2002 est.)
Military manpower - fit for military service - males age 15-49: 8,990,488 (2002 est.)
Military manpower - military age - 18 years of age (2002 est.)
Military manpower - reaching military age annually - males: 394,397 (2002 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 17.78 migrant(s)/1,000 population


note: major destination for Cubans trying to migrate to the US (2006 est.)
0 migrant(s)/1,000 population (2002 est.)
Pipelines - petroleum products 455 km; note - additionally, there is a parallel petroleum, oils, and lubricants (POL) pipeline being completed
Political parties and leaders no national teams (loose groupings of political organizations) were formed for the 2000 elections; United Democratic Party or UDP [leader McKeeva BUSH]; People's Progressive Movement or PPM [leader Kurt TIBBETTS] Democratic People's Party or DPP [CHO Sun, chairman]; Grand National Party or GNP [YI Hoe-chang, president]; Millennium Democratic Party or MDP [leader NA]; 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 45,436


note: most of the population lives on Grand Cayman (July 2006 est.)
48.324 million (July 2002 est.)
Population below poverty line NA% 4% (2001 est.)
Population growth rate 2.56% (2006 est.) 0.85% (2002 est.)
Ports and harbors - Chinhae, Inch'on, Kunsan, Masan, Mokp'o, P'ohang, Pusan, Tonghae-hang, Ulsan, Yosu
Radio broadcast stations AM 1, FM 4, shortwave 0 (2004) AM 104, FM 136, shortwave 5 (2001)
Radios - 47.5 million (2000)
Railways - total: 3,124 km


standard gauge: 3,124 km 1.435-m gauge (661 km electrified) (2000)
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: 1.02 male(s)/female


under 15 years: 1 male(s)/female


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


65 years and over: 0.89 male(s)/female


total population: 0.96 male(s)/female (2006 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: 0.65 male(s)/female


total population: 1.01 male(s)/female (2002 est.)
Suffrage 18 years of age; universal 20 years of age; universal
Telephone system general assessment: reasonably good system


domestic: liberalization of telecom market in 2003 reflected in falling prices and improving services


international: country code - 1-345; 2 submarine fiber optic cables (Maya-1, Cayman-Jamaica); 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 38,000 (2002) 24 million (2000)
Telephones - mobile cellular 17,000 (2002) 28 million (September 2000)
Television broadcast stations 4 with cable system (2004) 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 1.9 children born/woman (2006 est.) 1.72 children born/woman (2002 est.)
Unemployment rate 4.4% (2004) 3.1% (2002 est.)
Waterways - 1,609 km


note: restricted to small native craft
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