The 2004 CIA World Factbook. United States. Central Intelligence Agency
tourism each contribute 25%-30% of GDP. Telecommunications accounts
for another 10%. In recent years, Gibraltar has seen major
structural change from a public to a private sector economy, but
changes in government spending still have a major impact on the
level of employment.
GDP:
purchasing power parity - $500 million (1997 est.)
GDP - real growth rate:
NA
GDP - per capita:
purchasing power parity - $17,500 (1997 est.)
GDP - composition by sector:
agriculture: NA
industry: NA
services: NA (2002 est.)
Population below poverty line:
NA
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
1.5% (1998)
Labor force:
14,800 (including non-Gibraltar laborers) (1999)
Labor force - by occupation:
agriculture negligible, industry 40%, services 60%
Unemployment rate:
2% (2001 est.)
Budget:
revenues: $307 million
expenditures: $284 million, including capital expenditures of NA
(FY00/01 est.)
Agriculture - products:
none
Industries:
tourism, banking and finance, ship repairing, tobacco
Industrial production growth rate:
NA
Electricity - production:
100 million kWh (2001)
Electricity - consumption:
93 million kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
42,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Exports:
$136 million f.o.b. (2002)
Exports - commodities:
(principally reexports) petroleum 51%, manufactured goods 41%,
other 8%
Exports - partners:
Germany 25.6%, France 24.8%, UK 14.3%, Turkmenistan 9.4%,
Switzerland 7.5%, Spain 5.6% (2003)
Imports:
$1.743 billion c.i.f. (2002)
Imports - commodities:
fuels, manufactured goods, and foodstuffs
Imports - partners:
Spain 26.5%, UK 14.8%, Russia 8.2%, Italy 6.6%, Netherlands 6.5%,
France 5.3%, Germany 4.6%, Romania 4.2% (2003)
Debt - external:
NA (2000 est.)
Economic aid - recipient:
NA
Currency:
Gibraltar pound (GIP)
Currency code:
GIP
Exchange rates:
Gibraltar pounds per US dollar - 0.6661 (2002), 0.6944 (2001),
0.6596 (2000), 0.6180 (1999), 0.6037 (1998); note - the Gibraltar
pound is at par with the British pound
Fiscal year:
1 July - 30 June
Communications Gibraltar
Telephones - main lines in use:
24,512 (2002)
Telephones - mobile cellular:
9,797 (2002)
Telephone system:
general assessment: adequate, automatic domestic system and
adequate international facilities
domestic: automatic exchange facilities
international: country code - 350; radiotelephone; microwave radio
relay; satellite earth station - 1 Intelsat (Atlantic Ocean)
Radio broadcast stations:
AM 1, FM 5, shortwave 0 (1998)
Radios:
37,000 (1997)
Television broadcast stations:
1 (plus three low-power repeaters) (1997)
Televisions:
10,000 (1997)
Internet country code:
.gi
Internet Service Providers (ISPs):
2 (2000)
Internet users:
6,200 (2002)
Transportation Gibraltar
Highways: total: 29 km paved: 29 km unpaved: 0 km (2002)
Ports and harbors:
Gibraltar
Merchant marine:
total: 133 ships (1,000 GRT or over) 980,636 GRT/1,254,661 DWT
by type: bulk 3, cargo 69, chemical tanker 14, container 27,
multi-functional large load carrier 3, passenger 2, petroleum tanker
13, roll on/roll off 2
registered in other countries: 4 (2004 est.)
foreign-owned: Belgium 1, Cyprus 3, Denmark 1, Estonia 1, France 1,
Germany 92, Greece 11, Hong Kong 2, Iceland 1, Monaco 4, Norway 6,
Spain 1, United Kingdom 6, United States 2
Airports:
1 (2003 est.)
Airports - with paved runways: total: 1 1,524 to 2,437 m: 1 (2004 est.)
Military Gibraltar
Military branches:
Royal Gibraltar Regiment
Military - note:
defense is the responsibility of the UK; the last British regular
infantry forces left Gibraltar in 1992, replaced by the Royal
Gibraltar Regiment
Transnational Issues Gibraltar
Disputes - international:
since Gibraltar residents voted overwhelmingly by referendum in
2003 against a "total shared sovereignty" arrangement, talks between