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CATEGORIES
◆ COMMUNICATIONS(7 fields)
Broadcast media
1 private TV station; multi-channel TV is available from cable and satellite subscription services; about a half dozen private radio stations (2007)
Internet country code
.vg
Internet hosts
505 (2012) country comparison to the world: 182
Internet users
4,000 (2002) country comparison to the world: 207
Telephone system
general assessment: good overall telephone service domestic: fixed line connections exceed 80 per 100 persons and mobile cellular subscribership is roughly 150 per 100 persons international: country code - 1-284; connected via submarine cable to Bermuda; the East Caribbean Fiber System (ECFS) submarine cable provides connectivity to 13 other islands in the eastern Caribbean (2011)
Telephones - main lines in use
12,268 (2012) country comparison to the world: 199
Telephones - mobile cellular
48,700 (2012) country comparison to the world: 202
◆ ECONOMY(27 fields)
Agriculture - products
fruits, vegetables; livestock, poultry; fish
Budget
revenues: $300 million expenditures: $300 million (2013 est.)
Budget surplus (+) or deficit (-)
0% of GDP (2013 est.) country comparison to the world: 44
Current account balance
$362.6 million (2010 est.) country comparison to the world: 54 $279.8 million (2010 est.)
Debt - external
$36.1 million (1997) country comparison to the world: 194
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. More than 934,000 tourists, mainly from the US, visited the islands in 2008. 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.
Exchange rates
the US dollar is used
Exports
$26 million (2012 est.) country comparison to the world: 203 $25 million (2011 est.)
Exports - commodities
rum, fresh fish, fruits, animals; gravel, sand
Fiscal year
1 April - 31 March
GDP (official exchange rate)
$1.095 billion (2008)
GDP (purchasing power parity)
$500 million (2010 est.) country comparison to the world: 215
GDP - composition, by end use
household consumption: 34.1% government consumption: 8.3% investment in fixed capital: 23.7% investment in inventories: 0% exports of goods and services: 107.8% imports of goods and services: -73.9% (2013 est.)
GDP - composition, by sector of origin
agriculture: 1.1% industry: 11.7% services: 87.2% (2013 est.)
GDP - per capita (PPP)
$42,300 (2010 est.) country comparison to the world: 23
GDP - real growth rate
1.3% (2010 est.) country comparison to the world: 169 -0.6% (2008 est.)
Household income or consumption by percentage share
lowest 10%: NA% highest 10%: NA%
Imports
$310 million (2012 est.) country comparison to the world: 198 $320 million (2011 est.)
Imports - commodities
building materials, automobiles, foodstuffs, machinery
Industrial production growth rate
3% (2013 est.) country comparison to the world: 103
Industries
tourism, light industry, construction, rum, concrete block, offshore banking center
Inflation rate (consumer prices)
1.6% (2013 est.) country comparison to the world: 45 2.2% (2012 est.)
Labor force
12,770 (2004) country comparison to the world: 214
Labor force - by occupation
agriculture: 0.6% industry: 40% services: 59.4% (2005)
Population below poverty line
NA%
Taxes and other revenues
27.4% of GDP (2013 est.) country comparison to the world: 107
Unemployment rate
8.7% (2010 est.) country comparison to the world: 96
◆ ENERGY(23 fields)
Carbon dioxide emissions from consumption of energy
147,200 Mt (2011 est.)
Crude oil - exports
0 bbl/day (2010 est.) country comparison to the world: 202
Crude oil - imports
0 bbl/day (2010 est.) country comparison to the world: 138
Crude oil - production
0 bbl/day (2012 est.) country comparison to the world: 142
Crude oil - proved reserves
0 bbl (1 January 2013 est.) country comparison to the world: 203
Electricity - consumption
46.5 million kWh (2010 est.) country comparison to the world: 207
Electricity - exports
0 kWh (2012 est.) country comparison to the world: 210
Electricity - from fossil fuels
100% of total installed capacity (2010 est.) country comparison to the world: 39
Electricity - from hydroelectric plants
0% of total installed capacity (2010 est.) country comparison to the world: 206
Electricity - from nuclear fuels
0% of total installed capacity (2010 est.) country comparison to the world: 200
Electricity - from other renewable sources
0% of total installed capacity (2010 est.) country comparison to the world: 137
Electricity - imports
0 kWh (2012 est.) country comparison to the world: 213
Electricity - installed generating capacity
44,000 kW (2010 est.) country comparison to the world: 192
Electricity - production
50 million kWh (2010 est.) country comparison to the world: 207
Natural gas - consumption
0 cu m (2010 est.) country comparison to the world: 205
Natural gas - exports
0 cu m (2011 est.) country comparison to the world: 203
Natural gas - imports
0 cu m (2011 est.) country comparison to the world: 145
Natural gas - production
0 cu m (2011 est.) country comparison to the world: 205
Natural gas - proved reserves
0 cu m (1 January 2013 est.) country comparison to the world: 204
Refined petroleum products - consumption
1,000 bbl/day (2011 est.) country comparison to the world: 202
Refined petroleum products - exports
0 bbl/day (2010 est.) country comparison to the world: 142
Refined petroleum products - imports
773 bbl/day (2010 est.) country comparison to the world: 199
Refined petroleum products - production
0 bbl/day (2010 est.) country comparison to the world: 206
◆ GEOGRAPHY(17 fields)
Area
total: 151 sq km country comparison to the world: 220 land: 151 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
Climate
subtropical; humid; temperatures moderated by trade winds
Coastline
80 km
Elevation extremes
lowest point: Caribbean Sea 0 m highest point: Mount Sage 521 m
Environment - current issues
limited natural freshwater resources except for a few seasonal streams and springs on Tortola; most of the islands' water supply comes from wells and rainwater catchments
Geographic coordinates
18 30 N, 64 30 W
Geography - note
strong ties to nearby US Virgin Islands and Puerto Rico
Irrigated land
NA
Land boundaries
0 km
Land use
arable land: 6.67% permanent crops: 6.67% other: 86.67% (2011)
Location
Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico
Map references
Central America and the Caribbean
Maritime claims
territorial sea: 3 nm exclusive fishing zone: 200 nm
Natural hazards
hurricanes and tropical storms (July to October)
Natural resources
NEGL
Terrain
coral islands relatively flat; volcanic islands steep, hilly
◆ GOVERNMENT(20 fields)
Administrative divisions
none (overseas territory of the UK)
Capital
name: Road Town geographic coordinates: 18 25 N, 64 37 W time difference: UTC-4 (1 hour ahead of Washington, DC, during Standard Time)
Constitution
several previous; latest effective 15 June 2007 (2007)
Country name
conventional long form: none conventional short form: British Virgin Islands abbreviation: BVI
Dependency status
overseas territory of the UK; internal self-governing
Diplomatic representation from the US
none (overseas territory of the UK)
Diplomatic representation in the US
none (overseas territory of the UK)
Executive branch
chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor Boyd MCCLEARY (since 20 August 2010) head of government: Premier Orlando SMITH (since 9 November 2011) cabinet: Executive Council appointed by the governor from members of the House of Assembly (For more information visit theWorld Leaders website) elections: the monarchy is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition usually appointed premier by the governor
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); the islands were named by COLUMBUS in 1493 in honor of Saint Ursula and her 11 virgin followers (some sources say 11,000) who reputedly were martyred by the Huns in the 4th or 5th century; the figure on the banner holding a lamp represents the saint, the other lamps symbolize her followers
Government type
NA
Independence
none (overseas territory of the UK)
International organization participation
Caricom (associate), CDB, Interpol (subbureau), IOC, OECS, UNESCO (associate), UPU
Judicial branch
highest court(s): the Eastern Caribbean Supreme Court (ECSC) is the itinerant superior court of record for the 9-member Organization of Eastern Caribbean States to include the British Virgin Islands; the ECSC - with its headquarters on St. Lucia - is headed by the chief justice and is comprised of the Court of Appeal with 3 justices and the High Court with 16 judges; sittings of the Court of Appeal and High Court rotate among the 9 member states; 3 High Court judges reside in member states; 3 High Court judges reside on the British Virgin Islands judge selection and term of office: Eastern Caribbean Supreme Court chief justice appointed by Her Majesty, Queen ELIZABETH II; other justices and judges appointed by the Judicial and Legal Services Commission; Court of Appeal justices appointed for life with mandatory retirement at age 65; High Court judges appointed for life with mandatory retirement at age 62 subordinate courts: Magistrates' Courts
Legal system
English common law
Legislative branch
unicameral House of Assembly (13 elected seats, a speaker elected by the 13 members of the House of Assembly, and 1 non-voting ex officio member in the attorney general; members are elected by direct popular vote, 1 member from each of nine electoral districts, 4 at-large members; members serve four-year terms) elections: last held on 7 November 2011 (next to be held in 2015) election results: percent of vote by party - NDP 49.4%, VIP 42%, other 8.6%; seats by party - NDP 9, VIP 4
National anthem
as a territory of the United Kingdom, "God Save the Queen" is official (see United Kingdom)
National holiday
Territory Day, 1 July (1956)
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. O'NEAL]
Political pressure groups and leaders
The Family Support Network; The Women's Desk other: environmentalists
Suffrage
18 years of age; universal
◆ INTRODUCTION(1 fields)
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.
◆ MILITARY(4 fields)
Manpower available for military service
males age 16-49: 7,266 (2010 est.)
Manpower fit for military service
males age 16-49: 6,057 females age 16-49: 5,805 (2010 est.)
Manpower reaching militarily significant age annually
male: 168 female: 162 (2010 est.)
Military - note
defense is the responsibility of the UK
◆ PEOPLE AND SOCIETY(25 fields)
Age structure
0-14 years: 17.2% (male 2,770/female 2,861) 15-24 years: 14.5% (male 2,252/female 2,472) 25-54 years: 49.8% (male 7,697/female 8,574) 55-64 years: 10.6% (male 1,709/female 1,763) 65 years and over: 7.6% (male 1,258/female 1,324) (2014 est.)
Birth rate
10.83 births/1,000 population (2014 est.) country comparison to the world: 180
Death rate
4.93 deaths/1,000 population (2014 est.) country comparison to the world: 191
Drinking water source
improved: urban: 98% of population rural: 98% of population total: 98% of population unimproved: urban: 2% of population rural: 2% of population total: 2% of population (2010 est.)
Education expenditures
4.4% of GDP (2010) country comparison to the world: 96
Ethnic groups
black 82%, white 6.8%, other 11.2% (includes Indian and mixed) (2008)
HIV/AIDS - adult prevalence rate
NA
HIV/AIDS - deaths
NA
HIV/AIDS - people living with HIV/AIDS
NA
Infant mortality rate
total: 13.45 deaths/1,000 live births country comparison to the world: 118 male: 15.31 deaths/1,000 live births female: 11.49 deaths/1,000 live births (2014 est.)
Languages
English (official)
Life expectancy at birth
total population: 78.29 years country comparison to the world: 57 male: 76.99 years female: 79.66 years (2014 est.)
Literacy
definition: age 15 and over can read and write total population: 97.8% male: NA female: NA (1991 est.)
Major urban areas - population
ROAD TOWN (capital) 10,000 (2011)
Median age
total: 35.6 years male: 35.5 years female: 35.7 years (2014 est.)
Nationality
noun: British Virgin Islander(s) adjective: British Virgin Islander
Net migration rate
17.69 migrant(s)/1,000 population (2014 est.) country comparison to the world: 4
Population
32,680 (July 2014 est.) country comparison to the world: 216
Population growth rate
2.36% (2014 est.) country comparison to the world: 36
Religions
Protestant 84% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, other 15%), Roman Catholic 10%, Jehovah's Witnesses 2%, other 2%, none 2% (1991)
Sanitation facility access
improved: urban: 97.5% of population rural: 97.5% of population total: 97.5% of population unimproved: urban: 2.5% of population rural: 2.5% of population total: 2.5% of population (2012 est.)
School life expectancy (primary to tertiary education)
total: 15 years male: 15 years female: 16 years (2009)
Sex ratio
at birth: 1.05 male(s)/female 0-14 years: 0.97 male(s)/female 15-24 years: 0.91 male(s)/female 25-54 years: 0.9 male(s)/female 55-64 years: 0.92 male(s)/female 65 years and over: 0.95 male(s)/female total population: 0.93 male(s)/female (2014 est.)
Total fertility rate
1.25 children born/woman (2014 est.) country comparison to the world: 219
Urbanization
urban population: 40.6% of total population (2011) rate of urbanization: 1.48% annual rate of change (2010-15 est.)
◆ TRANSNATIONAL ISSUES(2 fields)
Disputes - international
none
Illicit drugs
transshipment point for South American narcotics destined for the US and Europe; large offshore financial center makes it vulnerable to money laundering
◆ TRANSPORTATION(5 fields)
Airports
4 (2013) country comparison to the world: 190
Airports - with paved runways
total: 2 914 to 1,523 m: 1 under 914 m: 1 (2013)
Airports - with unpaved runways
total: 2 914 to 1,523 m: 2 (2013)
Ports and terminals
seaport(s): Road Harbor
Roadways
total: 200 km country comparison to the world: 208 paved: 200 km (2007)