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Оглавление

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)

Administrative divisions:

none (overseas territory of the UK)

Independence:

none (overseas territory of the UK)

National holiday:

Territory Day, 1 July (1956)

Constitution:

13 June 2007

Legal system:

English law

Suffrage:

18 years of age; universal

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: 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; members 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]

Political pressure groups and leaders:

The Family Support Network; The Women's Desk other: environmentalists

International organization participation:

Caricom (associate), CDB, Interpol (subbureau), IOC, OECS, UNESCO (associate), UPU, WFTU

Diplomatic representation in the US:

none (overseas territory of the UK)

Diplomatic representation from the US:

none (overseas 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)

Economy

British Virgin Islands

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.

GDP (purchasing power parity):

$853.4 million (2004 est.)

GDP (official exchange rate):

$839.7 million (2003)

GDP - real growth rate:

1% (2002 est.)

GDP - per capita (PPP):

$38,500 (2004 est.)

GDP - composition by sector:

agriculture: 1.8% industry: 6.2% services: 92% (1996 est.)

Labor force:

12,770 (2004)

Labor force - by occupation:

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

Unemployment rate:

3.6% (1997)

Population below poverty line:

The 2008 CIA World Factbook

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