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Virgin Islands Information

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Background

During the 17th century, the archipelago was divided into two territorial units, one English and the other Danish. Sugarcane, produced by slave labor, drove the islands' economy during the 18th and early 19th centuries. In 1917, the US purchased the Danish portion, which had been in economic decline since the abolition of slavery in 1848.

Population

109,775 (July 2010 est.)

Government type

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

Administrative divisions

NA

Independence

Transfer Day (from Denmark to the US), 31 March (1917)

International organization participation

white field 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 its right talon and three arrows in the left with a superimposed shield of seven red and six white vertical stripes below a blue panel

Economy - overview

Market value of publicly traded shares

tourism, petroleum refining, watch assembly, rum distilling, construction, pharmaceuticals, textiles, electronics

Agriculture - products

NA%

Industries

776.4 million kWh (2007 est.)

Industrial production growth rate

722 million kWh (2007 est.)

Electricity - production

0 kWh (2008 est.)

Oil - production

388,000 bbl/day (2007 est.)

Internet country code

30,000 (2008)

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