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1. Nations and Territories

 Phone Code:  001340
Root-level Domain Code: .vi
CIA Info
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.

Economy Overview: Tourism is the primary economic activity, accounting for 80% of GDP and employment. The islands hosted 2.6 million visitors in 2005. The manufacturing sector consists of petroleum refining, textiles, electronics, pharmaceuticals, and watch assembly. One of the world's largest petroleum refineries is at Saint Croix. The agricultural sector is small, with most food being imported. International business and financial services are small but growing components of the economy. The islands are vulnerable to substantial damage from storms. The government is working to improve fiscal discipline, to support construction projects in the private sector, to expand tourist facilities, to reduce crime, and to protect the environment.

Geography Note: important location along the Anegada Passage - a key shipping lane for the Panama Canal; Saint Thomas has one of the best natural deepwater harbors in the Caribbean

Location: Caribbean, islands between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico

Natural Resources: sun, sand, sea, surf

Geographic Coordinates: 18 20 N, 64 50 W

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