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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:
Areacomparative: about 0.9 times the size of Washington, DC Land boundaries: 0 km Coastline: 80 km
Maritime claims:
Climate: subtropical; humid; temperatures moderated by trade winds Terrain: coral islands relatively flat; volcanic islands steep, hilly
Elevation extremes:
Natural resources: NEGL
Land use:
Irrigated land: NA sq km Natural hazards: hurricanes and tropical storms (July to October) Environmentcurrent 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 catchment)
Environmentinternational agreements:
Geographynote: strong ties to nearby US Virgin Islands and Puerto Rico
Population: 18,705 (July 1998 est.)
Age structure:
Population growth rate: 2.41% (1998 est.) Birth rate: 16.15 births/1,000 population (1998 est.) Death rate: 4.76 deaths/1,000 population (1998 est.) Net migration rate: 12.67 migrant(s)/1,000 population (1998 est.)
Sex ratio:
Infant mortality rate: 22.97 deaths/1,000 live births (1998 est.)
Life expectancy at birth:
Total fertility rate: 1.72 children born/woman (1998 est.)
Nationality:
Ethnic groups: black 90%, white, Asian Religions: Protestant 86% (Methodist 45%, Anglican 21%, Church of God 7%, Seventh-Day Adventist 5%, Baptist 4%, Jehovah's Witnesses 2%, other 2%), Roman Catholic 6%, none 2%, other 6% (1981) Languages: English (official)
Literacy:
Country name:
Data code: VI Dependency status: dependent territory of the UK Government type: NA National capital: Road Town Administrative divisions: none (dependent territory of the UK) Independence: none (dependent territory of the UK) National holiday: Territory Day, 1 July Constitution: 1 June 1977 Legal system: English law Suffrage: 18 years of age; universal
Executive branch:
Legislative branch: unicameral Legislative Council (13 seats; members are elected by direct
popular vote, 1 member from each of 9 electoral districts, 4 at large members;
members serve five-year terms)
Judicial branch: Eastern Caribbean Supreme Court, one judge of the Supreme Court is a resident of the islands and presides over the High Court Political parties and leaders: United Party or UP [Conrad MADURO]; Virgin Islands Party or VIP [Ralph T. O'NEAL]; Concerned Citizens Movement or CCM [E. Walwyn BREWLEY]; Independent People's Movement or IPM [Omar HODGE and Allen O'NEAL] International organization participation: Caricom (associate), CDB, ECLAC (associate), Interpol (subbureau), IOC, OECS (associate), UNESCO (associate) Diplomatic representation in the US: none (dependent territory of the UK) Diplomatic representation from the US: none (dependent 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)
Economyoverview: The economy, one of the most prosperous in the Caribbean, is highly dependent on tourism, which generates an estimated 45% of the national income. In 1985, the government began offering offshore registration to companies wishing to incorporate in the islands, and incorporation fees now generate substantial revenues. An estimated 210,000 companies were on the offshore registry by yearend 1996. 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 traditional close links with the US Virgin Islands, the British Virgin Islands has used the dollar as their currency since 1959. GDP: purchasing power parity$144 million (1996 est.) GDPreal growth rate: 4.5% (1996 est.) GDPper capita: purchasing power parity$11,000 (1996 est.)
GDPcomposition by sector:
Inflation rateconsumer price index: 2.5% (1990 est.)
Labor force:
Unemployment rate: 3% (1995)
Budget:
Industries: tourism, light industry, construction, rum, concrete block, offshore financial center Industrial production growth rate: 4% (1985) Electricitycapacity: 13,000 kW (1995) Electricityproduction: 42 million kWh (1995) Electricityconsumption per capita: 3,224 kWh (1995) Agricultureproducts: fruits, vegetables; livestock, poultry; fish
Exports:
Imports:
Debtexternal: $4.5 million (1985) Economic aid: $NA Currency: 1 United States dollar (US$) = 100 cents Exchange rates: US currency is used Fiscal year: 1 April31 March
Telephones: 6,291 (1990 est.)
Telephone system: worldwide telephone service
Radio broadcast stations: AM 1, FM 3, shortwave 0 (1995) Radios: 9,000 (1992 est.) Television broadcast stations: 1 Televisions: 4,000 (1992 est.)
Railways: 0 km
Highways:
Ports and harbors: Road Town Merchant marine: none (1995 est.) Airports: 3 (1997 est.)
Airportswith paved runways:
Airportswith unpaved runways:
Militarynote: defense is the responsibility of the UK
Disputesinternational: none |