countries/VI

British Virgin Islands

territoryFIPS: VI|Edition: 1993|71 fields

COMMUNICATIONS(4 fields)

Airports

total: 3 usable: 3 with permanent-surface runways: 2 with runways over 3,659 m: 0 with runways 2,440-3,659 m: 0 with runways 1,220-2,439 m: 0

Highways

106 km motorable roads (1983)

Ports

Road Town

Telecommunications

3,000 telephones; worldwide external telephone service; submarine cable communication links to Bermuda; broadcast stations - 1 AM, no FM, 1 TV

DEFENSE FORCES(1 fields)

Note

defense is the responsibility of the UK

ECONOMY(18 fields)

Agriculture

livestock (including poultry), fish, fruit, vegetables

Budget

revenues $51 million; expenditures $88 million, including capital expenditures of $38 million (1991)

Currency

US currency is used

Economic aid

NA

Electricity

10,500 kW capacity; 43 million kWh produced, 3,510 kWh per capita (1990)

Exchange rates

US currency is used

Exports

$2.7 million (f.o.b., 1988) commodities: rum, fresh fish, gravel, sand, fruits, animals partners: Virgin Islands (US), Puerto Rico, US

External debt

$4.5 million (1985)

Fiscal year

1 April - 31 March

Imports

$11.5 million (c.i.f., 1988) commodities: building materials, automobiles, foodstuffs, machinery partners: Virgin Islands (US), Puerto Rico, US

Industrial production

growth rate 4.0% (1985)

Industries

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

Inflation rate (consumer prices)

2.5% (1990 est.)

National product

GDP - purchasing power equivalent - $133 million (1991)

National product per capita

$10,600 (1991)

National product real growth rate

2% (1991)

Overview

The economy, one of the most prosperous in the Caribbean area, is highly dependent on the tourist industry, which generates about 21% of the national income. In 1985 the government offered offshore registration to companies wishing to incorporate in the islands, and, in consequence, incorporation fees generated about $2 million in 1987. The economy slowed in 1991 because of the poor performances of the tourist sector and tight commercial bank credit. Livestock raising is the most significant agricultural activity. The islands' crops, limited by poor soils, are unable to meet food requirements.

Unemployment rate

NEGL% (1992)

GEOGRAPHY(14 fields)

Area

total area: 150 km2 land area: 150 km2 comparative area: about 0.8 times the size of Washington, DC note: includes the island of Anegada

Climate

subtropical; humid; temperatures moderated by trade winds

Coastline

80 km

Environment

subject to hurricanes and tropical storms from July to October

International disputes

none

Irrigated land

NA km2

Land boundaries

0 km

Land use

arable land: 20% permanent crops: 7% meadows and pastures: 33% forest and woodland: 7% other: 33%

Location

in the eastern Caribbean Sea, about 110 km east of Puerto Rico

Map references

Central America and the Caribbean

Maritime claims

exclusive fishing zone: 200 nm territorial sea: 3 nm

Natural resources

negligible

Note

strong ties to nearby US Virgin Islands and Puerto Rico

Terrain

coral islands relatively flat; volcanic islands steep, hilly

GOVERNMENT(20 fields)

Abbreviation

BVI

Administrative divisions

none (dependent territory of the UK)

Capital

Road Town

Constitution

1 June 1977

Digraph

VI

Diplomatic representation in US

none (dependent territory of UK)

Elections

Legislative Council: last held 12 November 1990 (next to be held by November 1995); results - percent of vote by party NA; seats - (9 total) VIP 6, IPM 1, independents 2

Executive branch

British monarch, governor, chief minister, Executive Council (cabinet)

Flag

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)

Independence

none (dependent territory of the UK)

Judicial branch

Eastern Caribbean Supreme Court

Leaders

Chief of State: Queen ELIZABETH II (since 6 February 1952), represented by Governor Peter Alfred PENFOLD (since NA 1991) Head of Government: Chief Minister H. Lavity STOUTT (since NA 1986)

Legal system

English law

Legislative branch

unicameral Legislative Council

Member of

CARICOM (associate), CDB, ECLAC (associate), IOC, OECS (associate), UNESCO (associate)

Names

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

National holiday

Territory Day, 1 July

Political parties and leaders

United Party (UP), Conrad MADURO; Virgin Islands Party (VIP), H. Lavity STOUTT; Independent Progressive Movement (IPM), Cyril B. ROMNEY

Suffrage

18 years of age; universal

Type

dependent territory of the UK

PEOPLE(14 fields)

Birth rate

20.37 births/1,000 population (1993 est.)

Death rate

6.11 deaths/1,000 population (1993 est.)

Ethnic divisions

black 90%, white, Asian

Infant mortality rate

19.68 deaths/1,000 live births (1993 est.)

Labor force

4,911 (1980) by occupation: NA

Languages

English (official)

Life expectancy at birth

total population: 72.62 years male: 70.77 years female: 74.6 years (1993 est.)

Literacy

age 15 and over can read and write (1970) total population: 98% male: 98% female: 98%

Nationality

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

Net migration rate

-2.1 migrant(s)/1,000 population (1993 est.)

Population

12,707 (July 1993 est.)

Population growth rate

1.22% (1993 est.)

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)

Total fertility rate

2.28 children born/woman (1993 est.)