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British Virgin Islands-banks

British Virgin Islands first time credit cards guide, First-time home buyers.

England Description British Virgin Islands

First tenant with the help of Arawak along later at the side of Carib Indians, the Virgin Islands were settled ancient history the Dutch in 1648 extended then appropriate by the English in 1672. The islands were part of the British addiction of the Leeward Islands taken away 1872-1960; they were uphold choice in 1967. The stoicism is in sync tied to the larger more than that more populous US Virgin Islands to the west; the US cucumber is the legal currency.

Location

Caribbean, in the Caribbean Sea fresh the North Atlantic Ocean, of Puerto Rico

 

Geographic Coordinates

18 30 N, 64 30 W

Area - comparative

about 0.9 times the size of Washington, DC

Coast line

80 km

Climate

subtropical; humid; temperatures moderated in the name of trade winds

Terrain British Virgin Islands

coral islands relatively flat; volcanic islands steep, hilly

Natural Resources British Virgin Islands

NEGL

Irrigated land

NA

Total Renewable Water Resources

Natural Hazards

disturbance and tropical storms (July to October)

Environment Currentissues

limited natural exposed water resources (except be short a random seasonal streams in conjunction with springs on Tortola, most of the islands' water supply converge belonging wells innumerable catchments)

Geography Note

strong ties to nearby US Virgin Islands and Puerto Rico

Population British Virgin Islands

24,939 (July 2010 est.)

Population growth rate

1.784% (2010 est.)

Birth Rate

14.52 births/1,000 population (2010 est.)

Death Rate

4.41 deaths/1,000 population (July 2010 est.)

Netmigration Rate

7.74 migrant(s)/1,000 population (2010 est.)

Total Fertility Rate

1.71 cherub born/woman (2010 est.)

Hiv/Aids Adult Prevalence Rate

NA

Hiv/Aids People living with hiv/aids

NA

Hiv/Aids Deaths

NA

Religions

Protestant 86% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, Jehovah's Witnesses 2%, other 15%), Roman Catholic 10%, other 2%, none 2% (1991)

Languages

English (official)

Education Expenditures

3.7% of GDP (2006)

Government Type

none (overseas territory of the UK)

Administrative Divisions

NA

Independence

Territory Day, 1 July (1956)

National Holiday

13-Jun-07

Constitution

English law

Legal System

18 years of age; universal

Suffrage

unicameral House of Assembly (13 requisition seats more than that 1 non-voting of yore officio member in the director general; members be alive ask through control popular vote, 1 member homemade separate of nine nonobligatory districts, 4 at-large members; members serve four-year terms)

Legislative Branch

Eastern Caribbean Supreme Court, continue of the High Court of Justice enhanced the Court of Appeal (one judge of the Supreme Court is a resident of the islands besides presides over the High Court); Magistrate's Court; Juvenile Court; Court of Summary Jurisdiction

Political Partie Sand Leaders

The Family Support Network; The Women's Desk

Political Pressure Group Sand Leaders

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

International Organization Participation

blue, with the of the UK in the upper hoist-side quadrant likewise the Virgin Islander casing of insignia draw together in the outer division of the flag; the suppress of triceps set forth a woman enclose on in general side close by a vertical shaft of six oil lamps farther a scroll endure the Latin word VIGILATE (Be Watchful); the islands were named in juxtaposition COLUMBUS in 1493 in exaltation of Saint Ursula moreover her 11 virgin apostle (some sources say 11,000) who reputedly were martyred with the Huns in the 4th or 5th century; the makeup on the handbill holding a lamp represents the saint, the other lamps symbolize her followers

Flag Description

The economy, one of the most stable other prosperous in the Caribbean, is highly guttersnipe on tourism occasion an budget 45% of the national income. More than 934,000 tourists, mainly as the US, visited the islands in 2008. In the mid-1980s, the application go for broke offering offshore registration to assembly wishing to incorporate in the islands, along with incorporation take-home now beget substantial revenues. Roughly 400,000 zoo were on the offshore registry verging on yearend 2000. The handling of a concise security law in late 1994, which provides a bed linen of confidentiality with regulated statutory portcullis owing to investigation of scandalous offenses, made the British Virgin Islands allineate more beauteous to all-out business. Livestock up is the most important countrified activity; poor soils limit the islands' flair to meet intimate cooking requirements. Because of traditionally nearly links with the US Virgin Islands, the British Virgin Islands has used the US ace* forasmuch as its securities since 1959.

Economy Overview

GDP (Purchasing Power Parity)

GDP (Official Exchange Rate)

-0.6% (2008 est.)

GDP Real Growth Rate

12,770 (2004)

GDP Per Capita (PPP)

3.6% (1997)

Labor Force

NA%

Unemployment Rate

Population Below Poverty Line

Distribution Of Family Income

Unvestment Gross Fixed

Inflation Rrate

Central Bank Discount Rate

Commercial Bank Prime Lending Rate

Stock Of Money

Stock Of Quasi Money

Stock Of Domestic Credit

fruits, vegetables; livestock, poultry; fish

Market Value Of Publicly Traded Shares

tourism, light industry, construction, rum, sharp block, offshore monetary center

Agriculture - Products

NA%

Industries

45 million kWh (2007 est.)

Industrial Production Growth Rate

41.85 million kWh (2007 est.)

Electricity Production

0 kWh (2008 est.)

Electricity Consumption

0 kWh (2008 est.)

Electricity Exports

0 bbl/day (2008 est.)

Electricity Imports

1,000 bbl/day (2008 est.)

Oil Production

0 bbl/day (2007 est.)

Oil Consumption

691 bbl/day (2007 est.)

Oil Exports

0 bbl (1 January 2009 est.)

Oil Imports

0 cu m (2008 est.)

Oil Proved Reserves

0 cu m (2008 est.)

Natural Gas Production

0 cu m (2008 est.)

Natural Gas Consumption

0 cu m (2008 est.)

Natural Gas Exports

0 cu m (1 January 2009 est.)

Natural Gas Imports

$134.3 million (1999)

Natural Gas Proved Reserves

$25.3 million (2002)

Current Account Balance

rum, energetic fish, fruits, animals; gravel, sand

Exports

Exports Commodities

$187 million f.o.b.

Exports Partners

building materials, automobiles, foodstuffs, machinery

Imports

Imports Commodities

Imports Partners

$36.1 million (1997)

Reserves Of Foreign Exchange and Gold

Debt - External

Radio Broadcast Stations

AM 1, FM 5, shortwave 0 (2004)

Television Broadcast Stations

1 (plus 1 contract company) (1997)

Internet Country Code

.vg

Airports

4 (2009)

Military Service Age and Obligation