British Virgin Islands

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Introduction - British Virgin Islands:
CountryBritish Virgin Islands
BackgroundFirst 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:
LocationCaribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico
Geographic coordinates18 30 N, 64 30 W
Map referencesCentral America and the Caribbean
Areatotal: 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 comparativeabout 0.9 times the size of Washington, DC
Land boundaries0 km
Coastline80 km
Maritime claimsterritorial sea: 3 nm
exclusive fishing zone: 200 nm
Climatesubtropical; humid; temperatures moderated by trade winds
Terraincoral islands relatively flat; volcanic islands steep, hilly
Elevation extremeslowest point: Caribbean Sea 0 m
highest point: Mount Sage 521 m
Natural resourcesNEGL
Land usearable land: 20%
permanent crops: 6.67%
other: 73.33% (2005)
Irrigated landNA
Natural hazardshurricanes and tropical storms (July to October)
Environment current issueslimited 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 notestrong ties to nearby US Virgin Islands and Puerto Rico
People - British Virgin Islands:
Population23,552 (July 2007 est.)
Age structure0-14 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 statusoverseas territory of the UK; internal self-governing
Median agetotal: 31.7 years
male: 31.9 years
female: 31.5 years (2007 est.)
Population growth rate1.923% (2007 est.)
Birth rate14.82 births/1,000 population (2007 est.)
Death rate4.42 deaths/1,000 population (2007 est.)
Net migration rate8.83 migrant(s)/1,000 population (2007 est.)
Sex ratioat 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 ratetotal: 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 birthtotal population: 76.86 years
male: 75.71 years
female: 78.07 years (2007 est.)
Total fertility rate1.72 children born/woman (2007 est.)
Hiv aids adult prevalence rateNA
Hiv aids people living with hiv aidsNA
Hiv aids deathsNA
Nationalitynoun: British Virgin Islander(s)
adjective: British Virgin Islander
Ethnic groupsblack 83%, other 17% (includes white, Indian, Asian and mixed)
ReligionsProtestant 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)
LanguagesEnglish (official)
Literacydefinition: age 15 and over can read and write
total population: 97.8% (1991 est.)
male: NA%
female: NA%
Government - British Virgin Islands:
Country nameconventional long form: none
conventional short form: British Virgin Islands
abbreviation: BVI
Government typeNA
Capitalname: Road Town
geographic coordinates: 18 27 N, 64 37 W
time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)
Administrative divisionsnone (overseas territory of the UK)
Independencenone (overseas territory of the UK)
National holidayTerritory Day, 1 July (1956)
Constitution1 June 1977, amended in 2000
Legal systemEnglish law
Suffrage18 years of age; universal
Executive branchchief 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 branchunicameral 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 branchEastern 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 leadersConcerned 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 leadersNA
International organization participationCaricom (associate), CDB, Interpol (subbureau), IOC, OECS (associate), UNESCO (associate), UPU
Diplomatic representation in the usnone (overseas territory of the UK)
Diplomatic representation from the usnone (overseas territory of the UK)
Flag descriptionblue, 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 overviewThe 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 rate1% (2002 est.)
Gdp per capita ppp $38,500 (2004 est.)
Gdp composition by sectoragriculture: 1.8%
industry: 6.2%
services: 92% (1996 est.)
Labor force12,770 (2004)
Labor force by occupationagriculture: 0.6%
industry: 40%
services: 59.4% (2005)
Unemployment rate3.6% (1997)
Population below poverty lineNA%
Household income or consumption by percentage sharelowest 10%: NA%
highest 10%: NA%
Inflation rate consumer prices 2% (2005)
Budgetrevenues: $204.7 million
expenditures: $180.4 million; including capital expenditures of $33.8 million (2004)
Agriculture productsfruits, vegetables; livestock, poultry; fish
Industriestourism, light industry, construction, rum, concrete block, offshore financial center
Industrial production growth rateNA%
Electricity production42 million kWh (2004)
Electricity consumption39.06 million kWh (2004)
Electricity exports0 kWh (2004)
Electricity imports0 kWh (2004)
Oil production0 bbl/day (2004)
Oil consumption480 bbl/day (2004 est.)
Oil exportsNA bbl/day
Oil importsNA bbl/day
Oil proved reserves0 bbl
Natural gas production0 cu m (2004 est.)
Natural gas consumption0 cu m (2004 est.)
Current account balance$134.3 million (1999)
Exports$25.3 million (2002)
Exports commoditiesrum, fresh fish, fruits, animals; gravel, sand
Exports partnersVirgin Islands (US), Puerto Rico, US (2006)
Imports$187 million (2002 est.)
Imports commoditiesbuilding materials, automobiles, foodstuffs, machinery
Imports partnersVirgin Islands (US), Puerto Rico, US (2006)
Debt external$36.1 million (1997)
Economic aid recipient$NA
Currency code US dollar (USD)
Exchange ratesthe US dollar is used
Communications - British Virgin Islands:
Fiscal year1 April - 31 March
Telephones main lines in use11,700 (2002)
Telephones mobile cellular8,000 (2002)
Telephone systemgeneral assessment: worldwide telephone service
domestic: NA
international: country code - 1-284; submarine cable to Bermuda
Radio broadcast stationsAM 1, FM 5, shortwave 0 (2004)
Television broadcast stations1 (plus 1 cable company) (1997)
Internet country code.vg
Internet hosts525 (2006)
Internet users4,000 (2002)
Transportation - British Virgin Islands:
Airports3 (2006)
Airports with paved runwaystotal: 2
914 to 1,523 m: 1
under 914 m: 1 (2006)
Airports with unpaved runwaystotal: 1
914 to 1,523 m: 1 (2006)
Roadwaystotal: 177 km
paved: 177 km (2002)
Merchant marineregistered in other countries: 1 (North Korea 1) (2006)
Ports and terminalsRoad Town
Military - British Virgin Islands:
Manpower available for military servicemales age 18-49: 6,410 (2005 est.)
Manpower fit for military servicemales age 18-49: 5,295 (2005 est.)
Military notedefense is the responsibility of the UK
Manpower reaching military service age annuallymales age 18-49: 201 (2005 est.)
Disputes internationalnone
This page was last updated on 16 September, 2007
Source: CIA >>>


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