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NAVIGATION
United States Virgin Islands
former: Danish West Indies
GOVERNMENT
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Country name:
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conventional long form: United States Virgin Islands
conventional short form: Virgin Islands former: Danish West Indies |
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Dependency status:
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organized, unincorporated territory of the US with policy relations between the Virgin Islands and the US under the jurisdiction of the Office of Insular Affairs, US Department of the Interior |
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Government type:
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NA |
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Capital:
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Charlotte Amalie |
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Administrative divisions:
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none (territory of the US); there are no first-order administrative divisions as defined by the US Government, but there are three islands at the second order; Saint Croix, Saint John, Saint Thomas |
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National holiday:
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Transfer Day (from Denmark to the US), 27 March (1917) |
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Constitution:
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Revised Organic Act of 22 July 1954 |
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Legal system:
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based on US laws |
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Suffrage:
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18 years of age; universal; note - indigenous inhabitants are US citizens but do not vote in US presidential elections |
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Executive branch:
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chief of state: President George W. BUSH of the US (since 20 January 2001); Vice President Richard B. CHENEY (Since 20 January 2001)
election results: Dr. Charles Wesley TURNBULL reelected governor; percent of vote - Dr. Charles Wesley TURNBULL (Democrat) 50.5%, John de JONGH 24.4% elections: US president and vice president elected on the same ticket for four-year terms; governor and lieutenant governor elected on the same ticket by popular vote for four-year terms; election last held 5 November 2002 (next to be held NA November 2006) head of government: Governor Dr. Charles Wesley TURNBULL (since 5 January 1999) and Lieutenant Governor Vargrave RICHARDS (since NA January 2003) cabinet: NA |
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Legislative branch:
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unicameral Senate (15 seats; members are elected by popular vote to serve two-year terms)
elections: last held 6 November 2002 (next to be held NA November 2004) election results: percent of vote by party - NA%; seats by party - Democratic Party 8, ICM NA, no party affiliation NA note: the Virgin Islands elects one non-voting representative to the US House of Representatives; election last held 6 November 2002 (next to be held NA November 2004); results - Donna M. CHRISTIAN-CHRISTENSON (Democrat) reelected |
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Judicial branch:
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US District Court of the Virgin Islands (under Third Circuit jurisdiction); Territorial Court (judges appointed by the governor for 10-year terms) |
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Political parties and leaders:
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Democratic Party [Arturo WATLINGTON]; Independent Citizens' Movement or ICM [Usie RICHARDS]; Republican Party [Gary SPRAUVE] |
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Political pressure groups and leaders:
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NA |
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International organization participation:
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ECLAC (associate), Interpol (subbureau), IOC |
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Diplomatic representation in the US:
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none (territory of the US) |
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Diplomatic representation from the US:
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none (territory of the US) |
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Flag description:
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white, with a modified US coat of arms in the center between the large blue initials V and I; the coat of arms shows a yellow eagle holding an olive branch in one talon and three arrows in the other with a superimposed shield of vertical red and white stripes below a blue panel |
ECONOMY
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Economy - overview:
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Tourism is the primary economic activity, accounting for more than 70% of GDP and 70% of employment. The islands normally host 2 million visitors a year. The manufacturing sector consists of petroleum refining, textiles, electronics, pharmaceuticals, and watch assembly. The agricultural sector is small, with most food being imported. International business and financial services are a small but growing component of the economy. One of the world's largest petroleum refineries is at Saint Croix. The islands are subject to substantial damage from storms. The government is working to improve fiscal discipline, support construction projects in the private sector, expand tourist facilities, reduce crime, and protect the environment. |
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GDP:
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purchasing power parity - $2.4 billion (2001 est.) |
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GDP - real growth rate:
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2% (2001 est.) |
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GDP - per capita:
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purchasing power parity - $19,000 (2001 est.) |
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GDP - composition by sector:
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agriculture: NA%
industry: NA% services: NA% |
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Population below poverty line:
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NA% |
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Household income or consumption by percentage share:
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lowest 10%: NA%
highest 10%: NA% |
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Inflation rate (consumer prices):
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2% (1992) |
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Labor force:
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49,000 (2002 est.) |
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Labor force - by occupation:
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agriculture 1%, industry 20%, services 79% (1990 est.) |
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Unemployment rate:
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4.9% (March 1999) |
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Budget:
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revenues: $364.4 million
expenditures: $364.4 million, including capital expenditures of $NA (1990 est.) |
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Industries:
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tourism, petroleum refining, watch assembly, rum distilling, construction, pharmaceuticals, textiles, electronics |
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Industrial production growth rate:
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NA% |
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Electricity - production:
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1.03 billion kWh (2001) |
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Electricity - production by source:
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fossil fuel: 100%
hydro: 0% other: 0% (2001) nuclear: 0% |
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Electricity - consumption:
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957.9 million kWh (2001) |
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Electricity - exports:
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0 kWh (2001) |
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Electricity - imports:
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0 kWh (2001) |
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Oil - production:
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0 bbl/day (2001 est.) |
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Oil - consumption:
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66,000 bbl/day (2001 est.) |
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Oil - exports:
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NA (2001) |
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Oil - imports:
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NA (2001) |
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Agriculture - products:
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fruit, vegetables, sorghum; Senepol cattle |
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Exports:
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$NA |
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Exports - commodities:
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refined petroleum products |
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Exports - partners:
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US, Puerto Rico |
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Imports:
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$NA |
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Imports - commodities:
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crude oil, foodstuffs, consumer goods, building materials |
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Imports - partners:
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US, Puerto Rico |
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Debt - external:
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$NA |
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Economic aid - recipient:
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$NA |
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Currency:
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US dollar (USD) |
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Currency code:
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USD |
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Exchange rates:
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the US dollar is used |
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Fiscal year:
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1 October - 30 September |