itizens 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 ra