British Virgin Islands
NAIndependence none (overseas territory of the UK)
British Virgin Islands as the 2007 edition of the CIA World Factbook published it: 114 fields, one of 36 editions from 1990 to 2025.
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Introduction
1 fieldBackground
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.
Geography
Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico
17 fieldsLand useshare of 153 sq km
Environment - current 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 catchments)
People
19 fieldsAge structuremale left, female right · (2007 est.)
Per 1,000 population(2007 est.)
Male · female(2007 est.)
Religions(1991)
Government
NA; Queen ELIZABETH II (since 6 February 1952); Premier Ralph T. O'NEAL (since 23 August 2007)
19 fieldsPresidential electionpercent of vote
Legislature, 13 seats, elected 20 August 2007one dot, one seat
Percent of vote
Country name
- conventional long form:
- none
- conventional short form:
- British Virgin Islands
- abbreviation:
- BVI
Capital
- name:
- Road Town
- geographic coordinates:
- 18 27 N, 64 37 W
- time difference:
- UTC-4 (1 hour ahead of Washington, DC during Standard Time)
Executive branch
- chief of state:
- Queen ELIZABETH II (since 6 February 1952); represented by Governor David PEAREY (since 18 April 2006)
- head of government:
- Premier Ralph T. O'NEAL (since 23 August 2007)
- cabinet:
- Executive Council appointed by the governor from members of the House of Assembly
- 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 branch
unicameral House of Assembly (13 elected seats 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; 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 branch
- Eastern 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);
- Magistrate's Court;
- Juvenile Court;
- Court of Summary Jurisdiction
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]
International organization participation
Caricom (associate), CDB, Interpol (subbureau), IOC, OECS (associate), UNESCO (associate), UPU
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)
Economy
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.
39 fieldsGDP - composition by sector(1996 est.)
Electricity
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. 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.
Communications
8 fieldsTelephone system
- general assessment:
- worldwide telephone service
- domestic:
- NA
- international:
- country code - 1-284;
- connected via submarine cable to Bermuda;
- the East Caribbean Fiber System (ECFS) optic submarine cable provides connectivity to 13 other islands in the eastern Caribbean (2007)
Transportation
5 fieldsAirports by runway lengthpaved only
Airports by runway lengthunpaved only
Military
4 fieldsTransnational Issues
2 fieldsIllicit drugs
transshipment point for South American narcotics destined for the US and Europe; large offshore financial center makes it vulnerable to money laundering
Cite this entry
Central Intelligence Agency. “British Virgin Islands.” The World Factbook 2007. Archived by The Factbook, thefactbook.org/british-virgin-islands/2007.