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Compare Cayman Islands (2007) - British Virgin Islands (2008)

Compare Cayman Islands (2007) z British Virgin Islands (2008)

 Cayman Islands (2007)British Virgin Islands (2008)
 Cayman IslandsBritish Virgin Islands
Administrative divisions 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western none (overseas territory of the UK)
Age structure 0-14 years: 20.3% (male 4,746/female 4,730)


15-64 years: 71% (male 16,135/female 16,964)


65 years and over: 8.6% (male 1,892/female 2,133) (2007 est.)
0-14 years: 20.2% (male 2,410/female 2,337)


15-64 years: 74.5% (male 9,004/female 8,534)


65 years and over: 5.4% (male 665/female 602) (2007 est.)
Agriculture - products vegetables, fruit; livestock; turtle farming fruits, vegetables; livestock, poultry; fish
Airports 3 (2007) 3 (2007)
Airports - with paved runways total: 2


1,524 to 2,437 m: 2 (2007)
total: 2


914 to 1,523 m: 1


under 914 m: 1 (2007)
Airports - with unpaved runways total: 1


914 to 1,523 m: 1 (2007)
total: 1


914 to 1,523 m: 1 (2007)
Area total: 262 sq km


land: 262 sq km


water: 0 sq km
total: 153 sq km


land: 153 sq km


water: 0 sq km


note: comprised of 16 inhabited and more than 20 uninhabited islands; includes the islands of Tortola, Anegada, Virgin Gorda, Jost van Dyke
Area - comparative 1.5 times the size of Washington, DC about 0.9 times the size of Washington, DC
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. First inhabited by Arawak and later by Carib Indians, the Virgin Islands were settled by the Dutch in 1648 and then annexed by the English in 1672. The islands were part of the British colony of the Leeward Islands from 1872-1960; they were granted autonomy in 1967. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency.
Birth rate 12.6 births/1,000 population (2007 est.) 14.82 births/1,000 population (2007 est.)
Budget revenues: $423.8 million


expenditures: $392.6 million (2004)
revenues: $204.7 million


expenditures: $180.4 million (2004)
Capital name: George Town (on Grand Cayman)


geographic coordinates: 19 18 N, 81 23 W


time difference: UTC-5 (same time as Washington, DC during Standard Time)
name: Road Town


geographic coordinates: 18 27 N, 64 37 W


time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)
Climate tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) subtropical; humid; temperatures moderated by trade winds
Coastline 160 km 80 km
Constitution 1959; revised 1962, 1972, and 1994 13 June 2007
Country name conventional long form: none


conventional short form: Cayman Islands
conventional long form: none


conventional short form: British Virgin Islands


abbreviation: BVI
Death rate 4.98 deaths/1,000 population (2007 est.) 4.42 deaths/1,000 population (2007 est.)
Debt - external $70 million (1996) $36.1 million (1997)
Dependency status overseas territory of the UK overseas territory of the UK; internal self-governing
Diplomatic representation from the US none (overseas territory of the UK) none (overseas territory of the UK)
Diplomatic representation in the US none (overseas territory of the UK) none (overseas territory of the UK)
Disputes - international none none
Economic aid - recipient $390,000 (2004) $NA
Economy - overview With no direct taxation, the islands are a thriving offshore financial center. More than 68,000 companies were registered in the Cayman Islands as of 2003, including almost 500 banks, 800 insurers, and 5,000 mutual funds. 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 2.1 million in 2003, with about half 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. The economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, generating an estimated 45% of the national income. An estimated 820,000 tourists, mainly from the US, visited the islands in 2005. In the mid-1980s, the government began offering offshore registration to companies wishing to incorporate in the islands, and incorporation fees now generate substantial revenues. Roughly 400,000 companies were on the offshore registry by yearend 2000. The adoption of a comprehensive insurance law in late 1994, which provides a blanket of confidentiality with regulated statutory gateways for investigation of criminal offenses, made the British Virgin Islands even more attractive to international business. Livestock raising is the most important agricultural activity; poor soils limit the islands' ability to meet domestic food requirements. Because of traditionally close links with the US Virgin Islands, the British Virgin Islands has used the US dollar as its currency since 1959.
Electricity - consumption 372 million kWh (2005) 41.85 million kWh (2005)
Electricity - exports 0 kWh (2005) 0 kWh (2005)
Electricity - imports 0 kWh (2005) 0 kWh (2005)
Electricity - production 400 million kWh (2005) 45 million kWh (2005)
Elevation extremes lowest point: Caribbean Sea 0 m


highest point: The Bluff (Cayman Brac) 43 m
lowest point: Caribbean Sea 0 m


highest point: Mount Sage 521 m
Environment - current issues no natural fresh water resources; drinking water supplies must be met by rainwater catchments limited natural fresh water resources (except for a few seasonal streams and springs on Tortola, most of the islands' water supply comes from wells and rainwater catchments)
Ethnic groups mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% black 83%, other 17% (includes white, Indian, Asian and mixed)
Exchange rates Caymanian dollars per US dollar - 0.8496 (2006) the US dollar is used
Executive branch chief of state: Queen ELIZABETH II (since 6 February 1952); represented by 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: Queen ELIZABETH II (since 6 February 1952); represented by Governor David PEAREY (since 18 April 2006)


head of government: Premier Ralph T. O'NEAL (since 23 August 2007)


cabinet: Executive Council appointed by the governor from members of the House of Assembly


elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor
Exports NA bbl/day 0 bbl/day (2004)
Exports - commodities turtle products, manufactured consumer goods rum, fresh fish, fruits, animals; gravel, sand
Exports - partners mostly US (2006) Virgin Islands (US), Puerto Rico, US (2006)
Fiscal year 1 April - 31 March 1 April - 31 March
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 blue, with the flag of the UK in the upper hoist-side quadrant and the Virgin Islander coat of arms centered in the outer half of the flag; the coat of arms depicts a woman flanked on either side by a vertical column of six oil lamps above a scroll bearing the Latin word VIGILATE (Be Watchful)
GDP - composition by sector agriculture: 1.4%


industry: 3.2%


services: 95.4% (1994 est.)
agriculture: 1.8%


industry: 6.2%


services: 92% (1996 est.)
GDP - real growth rate 0.9% (2004 est.) 1% (2002 est.)
Geographic coordinates 19 30 N, 80 30 W 18 30 N, 64 30 W
Geography - note important location between Cuba and Central America strong ties to nearby US Virgin Islands and Puerto Rico
Household income or consumption by percentage share lowest 10%: NA%


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


highest 10%: NA%
Illicit drugs offshore financial center; vulnerable to drug transshipment to the US and Europe transshipment point for South American narcotics destined for the US and Europe; large offshore financial center makes it vulnerable to money laundering
Imports NA bbl/day 604.3 bbl/day (2004)
Imports - commodities foodstuffs, manufactured goods building materials, automobiles, foodstuffs, machinery
Imports - partners US, Netherlands Antilles, Japan (2006) Virgin Islands (US), Puerto Rico, US (2006)
Independence none (overseas territory of the UK) none (overseas territory of the UK)
Industrial production growth rate NA% NA%
Industries tourism, banking, insurance and finance, construction, construction materials, furniture tourism, light industry, construction, rum, concrete block, offshore financial center
Infant mortality rate total: 7.8 deaths/1,000 live births


male: 8.94 deaths/1,000 live births


female: 6.65 deaths/1,000 live births (2007 est.)
total: 16.13 deaths/1,000 live births


male: 18.82 deaths/1,000 live births


female: 13.29 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 4.4% (2004) 2% (2005)
International organization participation Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU Caricom (associate), CDB, Interpol (subbureau), IOC, OECS, UNESCO (associate), UPU
Irrigated land NA NA
Judicial branch Summary Court; Grand Court; Cayman Islands Court of Appeal Eastern Caribbean Supreme Court, consisting of the High Court of Justice and the Court of Appeal (one judge of the Supreme Court is a resident of the islands and presides over the High Court); Magistrate's Court; Juvenile Court; Court of Summary Jurisdiction
Labor force 23,450 (2004) 12,770 (2004)
Labor force - by occupation agriculture: 1.4%


industry: 12.6%


services: 86% (1995)
agriculture: 0.6%


industry: 40%


services: 59.4% (2005)
Land boundaries 0 km 0 km
Land use arable land: 3.85%


permanent crops: 0%


other: 96.15% (2005)
arable land: 20%


permanent crops: 6.67%


other: 73.33% (2005)
Languages English English (official)
Legal system British common law and local statutes English law
Legislative branch unicameral Legislative Assembly (18 seats; 3 appointed members from the Executive Council and 15 elected by popular vote; to 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 House of Assembly (13 elected seats and 1 non-voting ex officio member in the attorney general; members are elected by direct popular vote, 1 member from each of nine electoral districts, 4 at-large members; to serve four-year terms)


elections: last held 20 August 2007 (next to be held in 2011)


election results: percent of vote by party - VIP 45.2%, NDP 39.6%, independent 15.2%; seats by party - VIP 10, NDP 2, independent 1
Life expectancy at birth total population: 80.2 years


male: 77.57 years


female: 82.87 years (2007 est.)
total population: 76.86 years


male: 75.71 years


female: 78.07 years (2007 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: 97.8% (1991 est.)


male: NA%


female: NA%
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 Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico
Map references Central America and the Caribbean Central America and the Caribbean
Maritime claims territorial sea: 12 nm


exclusive fishing zone: 200 nm
territorial sea: 3 nm


exclusive fishing zone: 200 nm
Merchant marine total: 124 ships (1000 GRT or over) 2,953,923 GRT/4,597,716 DWT


by type: bulk carrier 33, cargo 11, chemical tanker 41, liquefied gas 1, passenger 1, petroleum tanker 17, refrigerated cargo 13, roll on/roll off 3, vehicle carrier 4


foreign-owned: 122 (Denmark 3, Germany 17, Greece 23, Italy 10, Japan 6, Norway 2, Singapore 10, Sweden 1, UK 9, US 41) (2007)
-
Military - note defense is the responsibility of the UK defense is the responsibility of the UK
Military branches no regular military forces; Royal Cayman Islands Police Force -
National holiday Constitution Day, first Monday in July Territory Day, 1 July (1956)
Nationality noun: Caymanian(s)


adjective: Caymanian
noun: British Virgin Islander(s)


adjective: British Virgin Islander
Natural hazards hurricanes (July to November) hurricanes and tropical storms (July to October)
Natural resources fish, climate and beaches that foster tourism NEGL
Net migration rate 17.34 migrant(s)/1,000 population


note: major destination for Cubans trying to migrate to the US (2007 est.)
8.83 migrant(s)/1,000 population (2007 est.)
Political parties and leaders United Democratic Party or UDP [McKeeva BUSH]; People's Progressive Movement or PPM [Kurt TIBBETTS]; note - no national teams (loose groupings of political organizations) were formed for the 2000 elections Concerned Citizens Movement or CCM [Ethlyn SMITH]; National Democratic Party or NDP [Orlando SMITH]; United Party or UP [Gregory MADURO]; Virgin Islands Party or VIP [Ralph T. O'NEAL]
Political pressure groups and leaders NA NA
Population 46,600


note: most of the population lives on Grand Cayman (July 2007 est.)
23,552 (July 2007 est.)
Population below poverty line NA% NA%
Population growth rate 2.496% (2007 est.) 1.923% (2007 est.)
Radio broadcast stations AM 1, FM 4, shortwave 0 (2004) AM 1, FM 5, shortwave 0 (2004)
Religions United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic Protestant 86% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, Jehovah's Witnesses 2%, other 15%), Roman Catholic 10%, other 2%, none 2% (1991)
Sex ratio at birth: 1.02 male(s)/female


under 15 years: 1.003 male(s)/female


15-64 years: 0.951 male(s)/female


65 years and over: 0.887 male(s)/female


total population: 0.956 male(s)/female (2007 est.)
at birth: 1.05 male(s)/female


under 15 years: 1.031 male(s)/female


15-64 years: 1.055 male(s)/female


65 years and over: 1.105 male(s)/female


total population: 1.053 male(s)/female (2007 est.)
Suffrage 18 years of age; universal 18 years of age; universal
Telephone system general assessment: reasonably good system


domestic: liberalization of telecom market in 2003; introduction of competition in the mobile-cellular market in 2004


international: country code - 1-345; landing point for the MAYA-1 submarine telephone cable network that provides links to the US and parts of Central and South America; submarine cable provides connectivity to Jamaica; satellite earth station - 1 Intelsat (Atlantic Ocean) (2007)
general assessment: worldwide telephone service


domestic: NA


international: country code - 1-284; connected via submarine cable to Bermuda; the East Caribbean Fiber System (ECFS) optic submarine cable provides connectivity to 13 other islands in the eastern Caribbean (2007)
Telephones - main lines in use 38,000 (2002) 11,700 (2002)
Telephones - mobile cellular 17,000 (2002) 8,000 (2002)
Television broadcast stations 4 with cable system (2004) 1 (plus 1 cable company) (1997)
Terrain low-lying limestone base surrounded by coral reefs coral islands relatively flat; volcanic islands steep, hilly
Total fertility rate 1.89 children born/woman (2007 est.) 1.72 children born/woman (2007 est.)
Unemployment rate 4.4% (2004) 3.6% (1997)
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