British Virgin Islands

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Introduction - British Virgin Islands:

Country

British Virgin Islands

Background

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.

Location - British Virgin Islands:

Location

Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico

Geographic coordinates

18 30 N, 64 30 W

Map references

Central America and the Caribbean

Area

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

about 0.9 times the size of Washington, DC

Land boundaries

0 km

Coastline

80 km

Maritime claims

territorial sea: 3 nm
exclusive fishing zone: 200 nm

Climate

subtropical; humid; temperatures moderated by trade winds

Terrain

coral islands relatively flat; volcanic islands steep, hilly

Elevation extremes

lowest point: Caribbean Sea 0 m
highest point: Mount Sage 521 m

Natural resources

NEGL

Land use

arable land: 20%
permanent crops: 6.67%
other: 73.33% (2005)

Irrigated land

NA

Natural hazards

hurricanes and tropical storms (July to October)

Environment current issues

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)

Geography note

strong ties to nearby US Virgin Islands and Puerto Rico

People - British Virgin Islands:

Population

23,552 (July 2007 est.)

Age structure

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.)

Dependency status

overseas territory of the UK; internal self-governing

Median age

total: 31.7 years
male: 31.9 years
female: 31.5 years (2007 est.)

Population growth rate

1.923% (2007 est.)

Birth rate

14.82 births/1,000 population (2007 est.)

Death rate

4.42 deaths/1,000 population (2007 est.)

Net migration rate

8.83 migrant(s)/1,000 population (2007 est.)

Sex ratio

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.)

Infant mortality rate

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.)

Life expectancy at birth

total population: 76.86 years
male: 75.71 years
female: 78.07 years (2007 est.)

Total fertility rate

1.72 children born/woman (2007 est.)

Hiv aids adult prevalence rate

NA

Hiv aids people living with hiv aids

NA

Hiv aids deaths

NA

Nationality

noun: British Virgin Islander(s)
adjective: British Virgin Islander

Ethnic groups

black 83%, other 17% (includes white, Indian, Asian and mixed)

Religions

Protestant 86% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, Jehovahs Witnesses 2%, other 15%), Roman Catholic 10%, other 2%, none 2% (1991)

Languages

English (official)

Literacy

definition: age 15 and over can read and write
total population: 97.8% (1991 est.)
male: NA%
female: NA%

Government - British Virgin Islands:

Country name

conventional long form: none
conventional short form: British Virgin Islands
abbreviation: BVI

Government type

NA

Capital

name: Road Town
geographic coordinates: 18 27 N, 64 37 W
time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)

Administrative divisions

none (overseas territory of the UK)

Independence

none (overseas territory of the UK)

National holiday

Territory Day, 1 July (1956)

Constitution

1 June 1977, amended in 2000

Legal system

English law

Suffrage

18 years of age; universal

Executive branch

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. ONEAL (since 23 August 2007)
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 premier by the governor

Legislative branch

unicameral Legislative Council (13 seats; 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

Judicial branch

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); Magistrates Court; Juvenile Court; Court of Summary Jurisdiction

Political parties and leaders

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. ONEAL]

Political pressure groups and leaders

NA

International organization participation

Caricom (associate), CDB, Interpol (subbureau), IOC, OECS (associate), UNESCO (associate), UPU

Diplomatic representation in the us

none (overseas territory of the UK)

Diplomatic representation from the us

none (overseas territory of the UK)

Flag description

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)

Economy - British Virgin Islands:

Economy overview

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.

Gdp purchasing power parity

$853.4 million (2004 est.)

Gdp official exchange rate

$839.7 million (2003)

Gdp real growth rate

1% (2002 est.)

Gdp per capita ppp

$38,500 (2004 est.)

Gdp composition by sector

agriculture: 1.8%
industry: 6.2%
services: 92% (1996 est.)

Labor force

12,770 (2004)

Labor force by occupation

agriculture: 0.6%
industry: 40%
services: 59.4% (2005)

Unemployment rate

3.6% (1997)

Population below poverty line

NA%

Household income or consumption by percentage share

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

Inflation rate consumer prices

2% (2005)

Budget

revenues: $204.7 million
expenditures: $180.4 million; including capital expenditures of $33.8 million (2004)

Agriculture products

fruits, vegetables; livestock, poultry; fish

Industries

tourism, light industry, construction, rum, concrete block, offshore financial center

Industrial production growth rate

NA%

Electricity production

42 million kWh (2004)

Electricity consumption

39.06 million kWh (2004)

Electricity exports

0 kWh (2004)

Electricity imports

0 kWh (2004)

Oil production

0 bbl/day (2004)

Oil consumption

480 bbl/day (2004 est.)

Oil exports

NA bbl/day

Oil imports

NA bbl/day

Oil proved reserves

0 bbl

Natural gas production

0 cu m (2004 est.)

Natural gas consumption

0 cu m (2004 est.)

Current account balance

$134.3 million (1999)

Exports

$25.3 million (2002)

Exports commodities

rum, fresh fish, fruits, animals; gravel, sand

Exports partners

Virgin Islands (US), Puerto Rico, US (2006)

Imports

$187 million (2002 est.)

Imports commodities

building materials, automobiles, foodstuffs, machinery

Imports partners

Virgin Islands (US), Puerto Rico, US (2006)

Debt external

$36.1 million (1997)

Economic aid recipient

$NA

Currency code

US dollar (USD)

Exchange rates

the US dollar is used

Communications - British Virgin Islands:

Fiscal year

1 April - 31 March

Telephones main lines in use

11,700 (2002)

Telephones mobile cellular

8,000 (2002)

Telephone system

general assessment: worldwide telephone service
domestic: NA
international: country code - 1-284; submarine cable to Bermuda

Radio broadcast stations

AM 1, FM 5, shortwave 0 (2004)

Television broadcast stations

1 (plus 1 cable company) (1997)

Internet country code

.vg

Internet hosts

525 (2006)

Internet users

4,000 (2002)

Transportation - British Virgin Islands:

Airports

3 (2006)

Airports with paved runways

total: 2
914 to 1,523 m: 1
under 914 m: 1 (2006)

Airports with unpaved runways

total: 1
914 to 1,523 m: 1 (2006)

Roadways

total: 177 km
paved: 177 km (2002)

Merchant marine

registered in other countries: 1 (North Korea 1) (2006)

Ports and terminals

Road Town

Military - British Virgin Islands:

Manpower available for military service

males age 18-49: 6,410 (2005 est.)

Manpower fit for military service

males age 18-49: 5,295 (2005 est.)

Military note

defense is the responsibility of the UK

Manpower reaching military service age annually

males age 18-49: 201 (2005 est.)

Disputes international

none

This page was last updated on 16 September, 2007
Source: CIA >>>


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