US Virgin Islands
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About US Virgin Islands
Virgin Islands are located in the Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico, with terrain that is mostly hilly to rugged and mountainous with little flat land. The climate is subtropical, tempered by easterly trade winds, with relatively low humidity and little seasonal temperature variation and a rainy season from September to November. Charlotte Amalie serves as the capital, and the Virgin Islands have a population of approximately 103,792 people who speak English, Spanish, and French.
The Virgin Islands have a high-income, tourism-based American territorial economy that experienced severe COVID-19 economic disruptions and is highly susceptible to hurricanes. Key industries are centered on tourism, and the territory is a major rum distillery. The Virgin Islands face high public debt and the sluggish reopening of a large oil refinery. The territory is an unincorporated organized territory of the United States with local self-government.
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Country Name
conventional short form: Virgin Islands
former: Danish West Indies
abbreviation: VI
etymology: in 1493, the islets, cays, and rocks around the major islands in the chain reminded explorer Christopher COLUMBUS of Saint Ursula and her 11,000 virgin followers (Santa Ursula y las Once Mil Virgenes), which over time was shortened to the Virgins (las Virgenes)
Economy
Economic Overview
high-income, tourism-based American territorial economy; severe COVID-19 economic disruptions; major rum distillery; high public debt; sluggish reopening of large oil refinery; environmentally susceptible to hurricanes; many informal industries
