British Virgin Islands

Broadband - fixed subscriptions

total: 6,738 (2020 est.) subscriptions per 100 inhabitants: 22 (2020 est.)

Broadcast media

1 private TV station; multi-channel TV is available from cable and satellite subscription services; about a half-dozen private radio stations

Internet country code

.vg

Internet users

total: 23,585 (2020 est.) percent of population: 78% (2020 est.)

Telecommunication systems

general assessment: the telecom sector has seen a decline in subscriber numbers (particularly for prepaid mobile services the mainstay of short term visitors) and revenue; fixed and mobile broadband services are two areas that have benefited from the crisis as employees and students have resorted to working from home; one major casualty may be the region s second largest telco operator, Digicel; the company filed for bankruptcy in the US in April 2020; it continues to operate in all of its Caribbean markets as it seeks to refinance billions of dollars of debt; the other major telco, regional incumbent Cable Wireless Communications (CWC), is experiencing similar drops in subscriber numbers and revenue; CWC is expanding and enhancing its fixed and mobile networks in many of the countries it serves around the Caribbean, despite many locations being small islands with very small populations; one area of the telecom market that is not prepared for growth is 5G mobile; governments, regulators, and even the mobile network operators have shown that they have not been investing in 5G opportunities at the present time; network expansion and enhancements remain concentrated around improving LTE coverage. (2021) domestic: fixed-line connections exceed 23 per 100 persons and mobile cellular subscribership is roughly 116 per 100 persons (2020) international: country code - 1-284; landing points for PCCS, ECFS, CBUS, Deep Blue Cable, East-West, PAN-AM, Americas-1, Southern Caribbean Fiber, Columbus- IIb, St Thomas - St Croix System, Taino-Carib, and Americas I- North via submarine cable to Caribbean, Central and South America, and US (2019) note: the COVID-19 pandemic continues to have a significant impact on production and supply chains globally; since 2020, some aspects of the telecom sector have experienced a downturn, particularly in mobile device production; progress toward 5G implementation has resumed, as well as upgrades to infrastructure; consumer spending on telecom services has increased due to the surge in demand for capacity and bandwidth; the crucial nature of telecom services as a tool for work and school from home is still evident, and the spike in this area has seen growth opportunities for development of new tools and increased services

Telephones - fixed lines

total subscriptions: 7,000 (2020 est.) subscriptions per 100 inhabitants: 23 (2020 est.)

Telephones - mobile cellular

total subscriptions: 35,163 (2020 est.) subscriptions per 100 inhabitants: 116 (2020 est.)

Agricultural products

fruits, vegetables; livestock, poultry; fish

Budget

revenues: 400 million (2017 est.) expenditures: 400 million (2017 est.)

Budget surplus (+) or deficit (-)

0% (of GDP) (2017 est.)

Current account balance

$362.6 million (2011 est.) $279.8 million (2010 est.)

Debt - external

$36.1 million (1997)

Economic overview

The economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, which generates an estimated 45% of the national income. More than 934,000 tourists, mainly from the US, visited the islands in 2008. Because of traditionally close links with the US Virgin Islands, the British Virgin Islands has used the US dollar as its currency since 1959. Livestock raising is the most important agricultural activity; poor soils limit the islands' ability to meet domestic food requirements. 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.

Exchange rates

the US dollar is used

Exports

$23 million (2017 est.) $23 million (2015 est.) note: Data are in current year dollars and do not include illicit exports or re-exports.

Exports - commodities

recreational boats, aircraft, diamonds, paintings, precious stones (2019)

Exports - partners

Malta 30%, Seychelles 29%, Switzerland 14% (2019)

Fiscal year

1 April - 31 March

GDP (official exchange rate)

$1.028 billion (2017 est.)

GDP - composition, by end use

household consumption: 25.1% (2017 est.) government consumption: 7.5% (2017 est.) investment in fixed capital: 21.7% (2017 est.) investment in inventories: 20.4% (2017 est.) exports of goods and services: 94.7% (2017 est.) imports of goods and services: -69.4% (2017 est.)

GDP - composition, by sector of origin

agriculture: 0.2% (2017 est.) industry: 6.8% (2017 est.) services: 93.1% (2017 est.)

Household income or consumption by percentage share

lowest 10%: NA highest 10%: NA

Imports

$300 million (2017 est.) NA $210 million (2016 est.)

Imports - commodities

recreational boats, aircraft, refined petroleum, cars, furniture (2019)

Imports - partners

Germany 32%, United States 22%, Italy 9%, France 7%, Seychelles 7% (2019)

Industrial production growth rate

1.1% (2017 est.)

Industries

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

Inflation rate (consumer prices)

1.1% (2017 est.) 1.1% (2016 est.)

Labor force

12,770 (2004)

Labor force - by occupation

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

Population below poverty line

NA

Real GDP (purchasing power parity)

$500 million (2017 est.) $490.2 million (2016 est.) $481.1 million (2015 est.)

Real GDP growth rate

2% (2017 est.) 1.9% (2016 est.) 1.8% (2015 est.)

Real GDP per capita

$34,200 (2017 est.)

Taxes and other revenues

38.9% (of GDP) (2017 est.)

Unemployment rate

2.9% (2015 est.)

Carbon dioxide emissions

173,000 metric tonnes of CO2 (2019 est.) from coal and metallurgical coke: 0 metric tonnes of CO2 (2019 est.) from petroleum and other liquids: 173,000 metric tonnes of CO2 (2019 est.) from consumed natural gas: 0 metric tonnes of CO2 (2019 est.)

Coal

production: 0 metric tons (2020 est.) consumption: 0 metric tons (2020 est.) exports: 0 metric tons (2020 est.) imports: 0 metric tons (2020 est.) proven reserves: 0 metric tons (2019 est.)

Electricity

installed generating capacity: 33,000 kW (2020 est.) consumption: 116.298 million kWh (2019 est.) exports: 0 kWh (2020 est.) imports: 0 kWh (2020 est.) transmission/distribution losses: 22.5 million kWh (2019 est.)

Electricity access

electrification - total population: 100% (2020)

Electricity generation sources

fossil fuels: 98.8% of total installed capacity (2020 est.) nuclear: 0% of total installed capacity (2020 est.) solar: 0.2% of total installed capacity (2020 est.) wind: 1% of total installed capacity (2020 est.) hydroelectricity: 0% of total installed capacity (2020 est.) tide and wave: 0% of total installed capacity (2020 est.) geothermal: 0% of total installed capacity (2020 est.) biomass and waste: 0% of total installed capacity (2020 est.)

Energy consumption per capita

80.136 million Btu/person (2019 est.)

Natural gas

production: 0 cubic meters (2021 est.) consumption: 0 cubic meters (2021 est.) exports: 0 cubic meters (2021 est.) imports: 0 cubic meters (2021 est.) proven reserves: 0 cubic meters (2021 est.)

Petroleum

total petroleum production: 0 bbl/day (2021 est.) refined petroleum consumption: 1,200 bbl/day (2019 est.) crude oil and lease condensate exports: 0 bbl/day (2018 est.) crude oil and lease condensate imports: 0 bbl/day (2018 est.) crude oil estimated reserves: 0 barrels (2021 est.)

Refined petroleum products - exports

0 bbl/day (2015 est.)

Refined petroleum products - imports

1,227 bbl/day (2015 est.)

Refined petroleum products - production

0 bbl/day (2015 est.)

Air pollutants

carbon dioxide emissions: 0.21 megatons (2016 est.)

Climate

subtropical; humid; temperatures moderated by trade winds

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 desalination plants; sewage and mining/industry waste contribute to water pollution, threatening coral reefs

Land use

agricultural land: 46.7% (2018 est.) arable land: 6.7% (2018 est.) permanent crops: 6.7% (2018 est.) permanent pasture: 33.3% (2018 est.) forest: 24.3% (2018 est.) other: 29% (2018 est.)

Urbanization

urban population: 49.7% of total population (2023) rate of urbanization: 1.73% annual rate of change (2020-25 est.)

Waste and recycling

municipal solid waste generated annually: 21,099 tons (2000 est.)

Area

total: 151 sq km 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

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

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

total: 0 km

Land use

agricultural land: 46.7% (2018 est.) arable land: 6.7% (2018 est.) permanent crops: 6.7% (2018 est.) permanent pasture: 33.3% (2018 est.) forest: 24.3% (2018 est.) other: 29% (2018 est.)

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: 12 nm exclusive fishing zone: 200 nm

Natural hazards

hurricanes and tropical storms (July to October)

Natural resources

NEGL; pleasant climate, beaches foster tourism

Population distribution

a fairly even distribution throughout the inhabited islands, with the largest islands of Tortola, Anegada, Virgin Gorda, and Jost Van Dyke having the largest populations

Terrain

coral islands relatively flat; volcanic islands steep, hilly

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) etymology: name refers to the nautical term "roadstead" or "roads," a body of water less sheltered than a harbor but where ships can lie reasonably safely at anchor sheltered from rip currents, spring tides, or ocean swells

Citizenship

see United Kingdom

Constitution

history: several previous; latest effective 15 June 2007 (The Virgin Islands Constitution Order 2007) amendments: initiated by any elected member of the House of Assembly; passage requires simple majority vote by the elected members of the Assembly and assent by the governor on behalf of the monarch; amended 2015

Country name

conventional long form: none conventional short form: British Virgin Islands abbreviation: BVI etymology: the myriad islets, cays, and rocks surrounding the major islands reminded explorer Christopher COLUMBUS in 1493 of Saint Ursula and her 11,000 virgin followers (Santa Ursula y las Once Mil Virgenes), which over time shortened to the Virgins (las Virgenes)

Dependency status

overseas territory of the UK; internal self-governing

Diplomatic representation from the US

embassy: none (overseas territory of the UK)

Diplomatic representation in the US

none (overseas territory of the UK)

Executive branch

chief of state: King CHARLES III (since 8 September 2022); represented by Governor John J. RANKIN (since 29 January 2021) head of government: Premier Dr. Natalio WHEATLEY (since 5 May 2022) cabinet: Executive Council appointed by the governor from members of the House of Assembly elections/appointments: the monarchy is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or majority coalition usually appointed premier by the governor note; on 5 May 2022, Premier Andrew FAHIE removed by a no confidence vote in House of Assembly following his arrest on drug trafficking and money laundering charges on 28 April 2022; Premier Dr. Natalio WHEATLEY sworn in as premier on 5 May 2022

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

Overseas Territory of the UK with limited self-government; parliamentary democracy

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 superior court of the Organization of Eastern Caribbean States; the ECSC - headquartered on St. Lucia - consists of the Court of Appeal - headed by the chief justice and 4 judges - and the High Court with 18 judges; the Court of Appeal is itinerant, traveling to member states on a schedule to hear appeals from the High Court and subordinate courts; High Court judges reside in the member states, with 3 in 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

description: unicameral House of Assembly (15 seats; 13 members - 9 in single-seat constituencies and 4 at-large seats directly elected by simple majority vote and 2 ex-officio members - the attorney general and the speaker - chosen from outside the House; members serve 4-year terms) elections: last held on 25 February 2019 (next to be held in 2023) election results: percent of vote by party - VIP 46.5%, NDP 28.2%, PVIM 17.4%, PU 8%; seats by party - VIP 8, NDP 3, PVIM 1, PU 1; composition as of March 2022 - men 11, women 4, percent of women 26.7%

National anthem

note: as an overseas territory of the United Kingdom, "God Save the King" is official (see United Kingdom)

National holiday

Territory Day, 1 July (1956)

National symbol(s)

zenaida dove, white cedar flower; national colors: yellow, green, red, white, blue

Political parties and leaders

National Democratic Party or NDP [Marlon PENN] Progressive Virgin Islands Movement or PVIM [Ronnie SKELTON] Progressives United or PU [Julian FRASER] Virgin Islands Party or VIP [Natalio WHEATLEY]

Suffrage

18 years of age; universal

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 (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. On 6 September 2017, Hurricane Irma devastated the island of Tortola. An estimated 80% of residential and business structures were destroyed or damaged, communications disrupted, and local roads rendered impassable.

Military - note

defense is the responsibility of the UK

Age structure

0-14 years: 16.48% (male 3,088/female 3,156) 15-24 years: 12.22% (male 2,212/female 2,418) 25-54 years: 47.84% (male 8,476/female 9,652) 55-64 years: 12.83% (male 2,242/female 2,521) 65 years and over: 10.63% (male 1,921/female 2,105) (2021 est.)

Birth rate

10.95 births/1,000 population (2022 est.)

Children under the age of 5 years underweight

NA

Contraceptive prevalence rate

NA

Current health expenditure

NA

Death rate

5.38 deaths/1,000 population (2022 est.)

Dependency ratios

total dependency ratio: 32.8 youth dependency ratio: 20.2 elderly dependency ratio: 12.6 potential support ratio: 8 (2021)

Drinking water source

improved: total: 99.9% of population unimproved: total: 0.1% of population (2020 est.)

Education expenditures

2.6% of GDP (2020 est.)

Ethnic groups

African/Black 76.3%, Latino 5.5%, White 5.4%, mixed 5.3%, Indian 2.1%, East Indian 1.6%, other 3%, unspecified 0.8% (2010 est.)

HIV/AIDS - adult prevalence rate

NA

Infant mortality rate

total: 14.16 deaths/1,000 live births male: 16.89 deaths/1,000 live births female: 11.28 deaths/1,000 live births (2022 est.)

Languages

English (official), Virgin Islands Creole

Life expectancy at birth

total population: 79.67 years male: 78.17 years female: 81.25 years (2022 est.)

Literacy

total population: NA male: NA female: NA

Major urban areas - population

15,000 ROAD TOWN (capital) (2018)

Median age

total: 37.2 years male: 37 years female: 37.5 years (2020 est.)

Nationality

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

Net migration rate

13.56 migrant(s)/1,000 population (2022 est.)

Physicians density

NA

Population

38,632 (2022 est.)

Population distribution

a fairly even distribution throughout the inhabited islands, with the largest islands of Tortola, Anegada, Virgin Gorda, and Jost Van Dyke having the largest populations

Population growth rate

1.91% (2022 est.)

Religions

Protestant 70.2% (Methodist 17.6%, Church of God 10.4%, Anglican 9.5%, Seventh Day Adventist 9.0%, Pentecostal 8.2%, Baptist 7.4%, New Testament Church of God 6.9%, other Protestant 1.2%), Roman Catholic 8.9%, Jehovah's Witness 2.5%, Hindu 1.9%, other 6.2%, none 7.9%, unspecified 2.4% (2010 est.)

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 (2015 est.)

School life expectancy (primary to tertiary education)

total: 12 years male: 12 years female: 12 years (2018)

Sex ratio

at birth: 1.05 male(s)/female 0-14 years: 0.98 male(s)/female 15-24 years: 0.92 male(s)/female 25-54 years: 0.88 male(s)/female 55-64 years: 0.93 male(s)/female 65 years and over: 0.76 male(s)/female total population: 0.91 male(s)/female (2022 est.)

Total fertility rate

1.35 children born/woman (2022 est.)

Urbanization

urban population: 49.7% of total population (2023) rate of urbanization: 1.73% annual rate of change (2020-25 est.)

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

Airports

total: 4 (2021)

Airports - with paved runways

total: 2 914 to 1,523 m: 1 under 914 m: 1 (2021)

Airports - with unpaved runways

total: 2 914 to 1,523 m: 2 (2021)

Civil aircraft registration country code prefix

VP-L

Merchant marine

total: 30 by type: general cargo 3, other 27 (2021)

Ports and terminals

major seaport(s): Road Harbor

Roadways

total: 200 km (2007) paved: 200 km (2007)