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Compare European Union (2004) - British Virgin Islands (2003)

Compare European Union (2004) z British Virgin Islands (2003)

 European Union (2004)British Virgin Islands (2003)
 European UnionBritish Virgin Islands
Administrative divisions - none (overseas territory of the UK)
Age structure 0-14 years: 16.3%


15-64 years: 67.2%


65 years and over: 16.6% (July 2004 est.)
0-14 years: 21.9% (male 2,401; female 2,358)


15-64 years: 73.1% (male 8,181; female 7,709)


65 years and over: 5% (male 578; female 503) (2003 est.)
Agriculture - products wheat, barley, oilseeds, sugar beets, wine, grapes, dairy products, cattle, sheep, pigs, poultry, fish fruits, vegetables; livestock, poultry; fish
Airports total: 3,130


with paved runways: 1,834


with unpaved runways: 1,296 (2003)
3 (2002)
Airports - with paved runways - total: 2


914 to 1,523 m: 1


under 914 m: 1 (2002)
Airports - with unpaved runways - total: 1


914 to 1,523 m: 1 (2002)
Area total: 3,976,372 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 island of Anegada
Area - comparative less than one-half the size of the US about 0.9 times the size of Washington, DC
Background Following the two devastating World Wars of the first half of the 20th century, a number of European leaders in the late 1940s became convinced that the only way to establish a lasting peace was to unite the two chief belligerent nations - France and Germany - both economically and politically. In 1950, the French Foreign Minister Robert SCHUMAN proposed an eventual union of all of Europe, the first step of which would be the integration of the coal and steel industries of Western Europe. The following year the European Coal and Steel Community (ECSC) was set up when six members, Belgium, France, West Germany, Italy, Luxembourg, and the Netherlands, signed the Treaty of Paris.

The ECSC was so successful that within a few years the decision was made to integrate other parts of the countries' economies. In 1957, the Treaties of Rome created the European Economic Community (EEC) and the European Atomic Energy Community (EURATOM), and the six member states undertook to eliminate trade barriers among themselves by forming a common market. In 1967, the institutions of all three communities were formally merged into the European Community (EC), creating a single Commission, a single Council of Ministers, and the European Parliament. Members of the European Parliament were initially selected by national parliaments, but in 1979 the first direct elections were undertaken and they have been held every five years since.

In 1973, the first enlargement of the EC took place with the addition of Denmark, Ireland, and the United Kingdom. The 1980s saw further membership expansion with Greece joining in 1981 and Spain and Portugal in 1986. The 1992 Treaty of Maastricht laid the basis for further forms of cooperation in foreign and defense policy, in judicial and internal affairs, and in the creation of an economic and monetary union - including a common currency. This further integration created the European Union (EU). In 1995, Austria, Finland, and Sweden joined to the EU, raising the membership total to 15.

A new currency, the euro, was launched in world money markets on 1 January 1999; it became the unit of exchange for all of the EU states except Great Britain, Sweden, and Denmark. In 2002, citizens of the 12 euro-area countries began using euro banknotes and coins. Ten new countries joined the EU in 2004 - Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia, and Slovenia - bringing the current membership to 25. In order to ensure that the EU can continue to function efficiently with an expanded membership, the 2003 Treaty of Nice set forth rules streamlining the size and procedures of EU institutions. An EU Constitutional Treaty, signed in Rome on 29 October 2004, gives member states two years to ratify the document before it is scheduled to take effect on 1 November 2006.

Despite the expansion of membership and functions, "Eurosceptics" in various countries have raised questions about the erosion of national cultures and the imposition of a flood of regulations from the EU capital in Brussels. Failure by member states to ratify the constitution or the inability of newcomer countries to meet euro currency standards might force a loosening of some EU agreements and perhaps lead to several levels of EU participation. These "tiers" might eventually range from an "inner" core of politically integrated countries to a looser "outer" economic association of members.
First settled by the Dutch in 1648, the islands were annexed in 1672 by the English. 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 10.2 births/1,000 population (July 2004 est.) 15 births/1,000 population (2003 est.)
Budget - revenues: $121.5 million


expenditures: $115.5 million, including capital expenditures of $NA (1997)
Capital Brussels, Belgium Road Town
Climate cold temperate; potentially subarctic in the north to temperate; mild wet winters; hot dry summers in the south subtropical; humid; temperatures moderated by trade winds
Coastline 65,413.9 km 80 km
Constitution based on a series of treaties: the Treaty of Paris, which set up the European Coal and Steel Community (ECSC) in 1951; the Treaties of Rome, which set up the European Economic Community (EEC) and the European Atomic Energy Community (Euratom) in 1957; the Single European Act in 1986; the Treaty on European Union (Maastrict) in 1992; the Treaty of Amsterdam in 1997; and the Treaty of Nice in 2001; note - a new draft Constitutional Treaty, signed on 29 October 2004 in Rome, gives member states two years for ratification either by parliamentary vote or national referendum before it is scheduled to take effect on 1 November 2006 1 June 1977
Country name - conventional long form: none


conventional short form: British Virgin Islands


abbreviation: BVI
Currency euro; pound (Cyprus), koruna (Czech Republic), krone (Denmark), kroon (Estonia), forint (Hungary), lat (Latvia), litas (Lithuania), lira (Malta), zloty (Poland), koruna (Slovakia), tolar (Slovenia), krona (Sweden), pound (UK) US dollar (USD)
Death rate 10 deaths/1,000 population (July 2004 est.) 4.46 deaths/1,000 population (2003 est.)
Debt - external $NA $36.1 million (1997)
Dependency status - overseas territory of the UK; internal self-governing
Diplomatic representation from the US chief of mission: Ambassador Rockwell SCHNABEL


embassy: 13 Zinnerstraat (Rue Zinner), B-1000 Brussels


mailing address: same as above


telephone: [32] (2) 508-2222


FAX: [32] (2) 512-5720
none (overseas territory of the UK)
Diplomatic representation in the US chief of mission: Ambassador John BRUTON


chancery: 2300 M Street, NW, Washington, D.C. 20037


telephone: [1] (202) 862-9500


FAX: [1] (202) 429-1766
none (overseas territory of the UK)
Disputes - international - none
Economic aid - donor $NA -
Economic aid - recipient - NA%
Economy - overview Domestically, the European Union attempts to lower trade barriers, adopt a common currency, and move toward convergence of living standards. Internationally, the EU aims to bolster Europe's trade position and its political and economic power. Because of the great differences in per capita income (from $10,000 to $28,000) and historic national animosities, the European Community faces difficulties in devising and enforcing common policies. For example, both Germany and France since 2003 have flouted the member states' treaty obligation to prevent their national budgets from running more than a 3% deficit. In 2004, the EU admitted 10 central and eastern European countries that are, in general, less advanced technologically and economically than the existing 15. The Economic and Monetary Union (EMU), an associated organization, introduced the euro as the common currency on 1 January 1999. The UK, Sweden, and Denmark do not now participate; the 10 new countries may choose to join the EMU when they meet its fiscal and monetary criteria and the member states so agree. 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 350,000 tourists, mainly from the US, visited the islands in 1998. Tourism suffered in 2002 because of the lackluster US economy. 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, is expected to make 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 dollar as its currency since 1959.
Electricity - consumption 2.635 trillion kWh (2001) 35.43 million kWh (2001)
Electricity - exports 234.8 billion kWh (2001) 0 kWh (2001)
Electricity - imports 245.7 billion kWh (2001) 0 kWh (2001)
Electricity - production 2.822 trillion kWh (2001) 38.1 million kWh (2001)
Electricity - production by source - fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (2001)
Elevation extremes lowest point: Lammefjord, Denmark -7 m; Zuidplaspolder, Netherlands -7 m


highest point: Mount Blanc, France/Italy 4,807 m
lowest point: Caribbean Sea 0 m


highest point: Mount Sage 521 m
Environment - current issues NA 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)
Environment - international agreements Hazardous Wastes, Biodiversity, Air Pollution, Antarctic-Marine Living Resources, Tropical Timber 82, Tropical Timber 94, Ozone Layer Protection, Air Pollution-Nitrogen Oxides, Air Pollution-Sulphur 94, Law of the Sea, Desertification, Climate Change; has signed, but not yet ratified: Air Pollution-Volatile Organic Compounds, Air Pollution-Persistent Organic Pollutants -
Ethnic groups - black 83%, white, Indian, Asian and mixed
Exchange rates euros per US dollar - 0.886 (2003), 1.0626 (2002), 1.1175 (2001) the US dollar is used
Executive branch chief of union: President of the European Commission Jose DURAO BARROSO (since 22 November 2004)


cabinet: European Commission (composed of 25 members, one from each member country; each commissioner responsible for one or more policy areas)


elections: the president of the European Commission is designated by member governments; the president-designate then chooses the other Commission members; the European Parliament confirms the entire Commission for a five-year term; election last held 18 November 2004 (next to be held 2009)


election results: European Parliament approved the European Commission by an approval vote of 449-149 with 82 abstentions


note: the European Council brings together heads of state and government and the president of the European Commission and meets at least twice a year; its aim is to provide the impetus for the major political issues relating to European integration and to issue general policy guidelines
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Tom MACAN (since 14 October 2002)


head of government: Chief Minister Orlando SMITH (since 17 June 2003)


cabinet: Executive Council appointed by the governor from members of the Legislative Council


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 chief minister by the governor
Exports 6.429 million bbl/day (2001) NA (2001)
Exports - commodities machinery, motor vehicles, aircraft, plastics, pharmaceuticals and other chemicals, fuels, iron and steel, nonferrous metals, wood pulp and paper products, textiles, meat, dairy products, fish, alcoholic beverages. rum, fresh fish, fruits, animals; gravel, sand
Exports - partners NA Virgin Islands (US), Puerto Rico, US
Fiscal year NA 1 April - 31 March
Flag description on a blue field, 12 five-pointed gold stars arranged in a circle, representing the union of the peoples of Europe; the number of stars is fixed 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 purchasing power parity - $11.05 trillion (2004 est.) purchasing power parity - $320 million (2002 est.)
GDP - composition by sector agriculture: 2.3%


industry: 28.3%


services: 69.4% (2004 est.)
agriculture: 1.8%


industry: 6.2%


services: 92% (1996 est.)
GDP - per capita purchasing power parity - $25,700 (2004 est.) purchasing power parity - $16,000 (2002 est.)
GDP - real growth rate 1% (2004 est.) 1% (2002 est.)
Geographic coordinates - 18 30 N, 64 30 W
Geography - note - strong ties to nearby US Virgin Islands and Puerto Rico
Heliports 94 (2003) -
Highways total: 4,634,810 km (including 56,704 km of expressways)


paved: 4,161,318 km


unpaved: 473,492 km (1999-2000)
total: 177 km


paved: 177 km


unpaved: 0 km (2000)
Household income or consumption by percentage share lowest 10%: 2.9%


highest 10%: 25.2% (1995 est.)
lowest 10%: NA%


highest 10%: NA%
Illicit drugs - transshipment point for South American narcotics destined for the US and Europe; large offshore financial center
Imports 16.97 million bbl/day (2001) NA (2001)
Imports - commodities machinery, vehicles, aircraft, plastics, crude oil, chemicals, textiles, metals, foodstuffs, clothing building materials, automobiles, foodstuffs, machinery
Imports - partners NA Virgin Islands (US), Puerto Rico, US
Independence 7 February 1992 (Maastricht Treaty signed establishing the EU); 1 November 1993 (Maastricht Treaty entered into force) none (overseas territory of the UK)
Industrial production growth rate 0.8% (2004 est.) NA
Industries among the world's largest and most technologically advanced industries, including iron and steel, aluminum, petroleum, coal, cement, chemicals, pharmaceuticals, automobiles, aircraft, railroad equipment, shipbuilding, electrical power equipment, machine tools, electronics, telecommunications equipment, fishing, food processing, furniture, paper, textiles and clothing, tourism tourism, light industry, construction, rum, concrete block, offshore financial center
Infant mortality rate total: 5.3 deaths/1,000 live births (July 2004 est.) total: 18.8 deaths/1,000 live births


male: 21.86 deaths/1,000 live births


female: 15.6 deaths/1,000 live births (2003 est.)
Inflation rate (consumer prices) 2% (2004 est.) 2.5% (2002)
International organization participation European Union: ASEAN (dialogue member), ARF (dialogue member), EBRD, IDA, OAS (observer), OECD, WTO


European Commission: Australian Group, CBSS, CERN, FAO, G-10, NSG (observer), UN (observer)


European Central Bank: BIS


European Investment Bank: WADB (nonregional member)
Caricom (associate), CDB, ECLAC (associate), Interpol (subbureau), IOC, OECS (associate), UNESCO (associate)
Internet Service Providers (ISPs) - 16 (2000)
Irrigated land 115,807 sq km NA sq km
Judicial branch European Court of Justice (ensures that the treaties are interpreted and applied correctly) - 25 Justices (one from each member state) appointed for a six-year term; note - for the sake of efficiency, the court can sit with 11 justices known as the "Grand Chamber"; Court of First Instance - 25 justices appointed for a six-year term 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 211.1 million 4,911 (1980)
Labor force - by occupation agriculture 4.3%, industry 29%, services 66.8% (2000) agriculture NA%, industry NA%, services NA%
Land boundaries total: 11,214.8 km


border countries: Albania 282 km, Andorra 120.3 km, Belarus 1,050 km, Bulgaria 494 km, Croatia 999 km, Holy See 3.2 km, Liechtenstein 34.9 km, Macedonia 246 km, Monaco 4.4 km, Norway 2,348 km, Romania 443 km, Russia 2,257 km, San Marino 39 km, Serbia and Montenegro 151 km, Switzerland 1,811 km, Turkey 206 km, Ukraine 726 km


note: data for European Continent only
0 km
Land use arable land: NA


permanent crops: NA
arable land: 20%


permanent crops: 6.67%


other: 73.33% (1998 est.)
Languages Czech, Danish, Dutch, English, Estonian, Finnish, French, German, Greek, Hungarian, Italian, Latvian, Lithuanian, Maltese, Polish, Portuguese, Slovak, Slovene, Spanish, Swedish; note - only official languages are listed English (official)
Legal system - English law
Legislative branch Council of the European Union (25 member-state ministers having 321 votes; the number of votes is roughly proportional to member-states' population); note - the Council is the main decision-making body of the EU; European Parliament (732 seats; seats allocated among member states by proportion to population); members elected by direct universal suffrage for a five-year term


elections: last held 10-13 June 2004 (next to be held June 2009)


election results: percent of vote - NA%; seats by party - EPP-ED 268, PES 202, ALDE 88, Greens/EFA 42, EUL/NGL 41, IND/DEM 36, UEN 27, independents 28
unicameral Legislative Council (13 seats; members are elected by direct popular vote, one member from each of 9 electoral districts, four at-large members; members serve four-year terms)


elections: last held 16 May 2003 (next to be held NA 2007)


election results: percent of vote by party - NA%; seats by party - NDP 8, VIP 5
Life expectancy at birth total population: 78.1 years


male: 74.9 years


female: 81.4 years (July 2004 est.)
total population: 76.06 years


male: 75.07 years


female: 77.1 years (2003 est.)
Literacy - definition: age 15 and over can read and write


total population: 97.8% (1991 est.)


male: NA%


female: NA%
Location Europe between Eastern Europe and the North Atlantic Ocean Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico
Map references Europe Central America and the Caribbean
Maritime claims NA exclusive fishing zone: 200 NM


territorial sea: 3 NM
Merchant marine - total: 1 ship (1,000 GRT or over) 19,203 GRT/28,864 DWT


ships by type: cargo 1 (2002 est.)
Military - note In October 2004, the European Union heads of government signed a "constitutional treaty" that offers possibilities - with some limits - for increased defense and security cooperation. If ratified, in a process that may take some two years, this treaty will in effect make operational the European Security and Defense Policy (ESDP) approved in the 2000 Nice Treaty. Despite limits of cooperation for some EU members, development of a European military planning unit is likely to continue. So is creation of a rapid-reaction military force and a humanitarian aid system, which the planning unit will support. France, Germany, Belgium, Netherlands, Luxembourg, and Italy continue to press for wider coordination. The five-nation Eurocorps - created in 1992 by France, Germany, Belgium, Spain, and Luxembourg - has already deployed troops and police on peacekeeping missions to Bosnia-Herzegovina, Macedonia, and the Democratic Republic of Congo and assumed command of the International Security Assistance Force (ISAF) in Afghanistan in August 2004. Eurocorps directly commands the 5,000-man Franco-German Brigade and the Multinational Command Support Brigade and will command EUFOR, which will take over from SFOR in Bosnia in December 2004. Other troop contributions are under national command - committments to provide 67,100 troops were made at the Helsinki EU session in 2000. Some 56,000 EU troops were actually deployed in 2003. In August 2004, the new European Defense Agency, tasked with promoting cooperative European defense capabilities, began operations. As of November 2004, Germany, the United Kingdom, and France had proposed creation of three 1,500-man rapid-reaction "battle groups." defense is the responsibility of the UK
National holiday Europe Day 9 May (1950); note - a Union-wide holiday, the day that Robert Schuman proposed the creation of an organized Europe Territory Day, 1 July
Nationality - noun: British Virgin Islander(s)


adjective: British Virgin Islander
Natural hazards flooding along coasts; avalanches in mountainous area; earthquakes in the south; volcanic eruptions in Italy; periodic droughts in Spain; ice floes in the Baltic hurricanes and tropical storms (July to October)
Natural resources iron ore, arable land, natural gas, petroleum, coal, copper, lead, zinc, hydropower, uranium, potash, fish NEGL
Net migration rate 1.5 migrant(s)/1,000 population (July 2004 est.) 10.45 migrant(s)/1,000 population (2003 est.)
Political parties and leaders Group of the Alliance of Liberals and Democrats for Europe or ALDE [Graham R. WATSON]; Independence/Democracy Group or IND/DEM [Jens-Peter BONDE and Nigel FARAGE]; Group of Greens/European Free Alliance or Greens/EFA [Monica FRASSONI and Daniel Marc COHN-BENDIT]; Socialist Group in the European Parliament or PES [Martin SCHULZ]; Confederal Group of the European United Left-Nordic Green Left or EUL/NGL [Francis WURTZ]; European People's Party-European Democrats or EPP-ED [Hans-Gert POETTERING]; Union for Europe of the Nations Group or UEN [Brian CROWLEY and Cristiana MUSCARDINI] 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
Population 456,285,839 (July 2004 est.) 21,730 (July 2003 est.)
Population below poverty line NA NA%
Population growth rate 0.17% (July 2004 est.) 2.1% (2003 est.)
Ports and harbors Antwerp (Belgium), Barcelona (Spain), Bremen (Germany), Copenhagen (Denmark), Gdansk (Poland), Hamburg (Germany), Helsinki (Finland), Las Palmas (Canary Islands, Spain), Le Havre (France), Lisbon (Portugal), London (UK), Marseille (France), Naples (Italy), Peiraiefs or Piraeus (Greece), Riga (Latvia), Rotterdam (Netherlands), Stockholm (Sweden), Talinn (Estonia) Road Town
Radio broadcast stations AM 866, FM 13,396, shortwave 73 (1998); note - sum of individual country radio broadcast stations; there is also a European-wide station (Euroradio) AM 1, FM 4, shortwave 0 (1998)
Railways total: 222,293 km


broad gauge: 28,438 km


standard gauge: 186,405 km


narrow gauge: 7,427 km


other: 23 km (2003)
0 km
Religions Roman Catholic, Protestant, Orthodox, Muslim, Jewish 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%, none 2%, other 2% (1991)
Sex ratio at birth: NA


under 15 years: 1.06 male(s)/female


15-64 years: 1.01 male(s)/female


65 years and older: 0.69 male(s)/female


total population: 0.96 male(s)/female (July 2004 est.)
at birth: 1.05 male(s)/female


under 15 years: 1.02 male(s)/female


15-64 years: 1.06 male(s)/female


65 years and over: 1.15 male(s)/female


total population: 1.06 male(s)/female (2003 est.)
Suffrage 18 years of age; universal 18 years of age; universal
Telephone system note - see individual country entries of member states general assessment: worldwide telephone service


domestic: NA


international: submarine cable to Bermuda
Telephones - main lines in use 238,763,162 (2002) 10,000 (1996)
Telephones - mobile cellular 314,644,700 (2002) NA
Television broadcast stations 2,791 (1995); note - does not include repeaters; sum of indiviual country television broadcast stations; there is also a European-wide station (Eurovision) 1 (plus one cable company) (1997)
Terrain fairly flat along the Baltic and Atlantic coast; mountainous in the central and southern areas coral islands relatively flat; volcanic islands steep, hilly
Total fertility rate 1.48 children born/woman (July 2004 est.) 1.72 children born/woman (2003 est.)
Unemployment rate 9.1% (2004 est.) 3% (1995)
Waterways 53,512 km none
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