The 2004 CIA World Factbook. United States. Central Intelligence Agency
NA
elections: the monarch is hereditary; lieutenant governor appointed
by the monarch; chief minister is elected by States of Delibertion
head of government: Chief Minister Laurie MORGAN (since 1 May 2004)
cabinet: Policy Council elected by the States of Deliberation
Legislative branch:
unicameral States of Deliberation (45 seats; members are elected by
popular vote for 4 years); note - Alderney and Sark have their own
parliaments
elections: last held 21 April 2004 (next to be held NA 2008)
election results: percent of vote - NA; seats - all independents
Judicial branch:
Royal Court
Political parties and leaders:
none; all independents
Political pressure groups and leaders:
none
International organization participation:
UPU
Diplomatic representation in the US:
none (British crown dependency)
Diplomatic representation from the US:
none (British crown dependency)
Flag description:
white with the red cross of Saint George (patron saint of England)
extending to the edges of the flag and a yellow equal-armed cross of
William the Conqueror superimposed on the Saint George cross
Economy Guernsey
Economy - overview:
Financial services - banking, fund management, insurance, etc. -
account for about 55% of total income in this tiny Channel Island
economy. Tourism, manufacturing, and horticulture, mainly tomatoes
and cut flowers, have been declining. Light tax and death duties
make Guernsey a popular tax haven. The evolving economic integration
of the EU nations is changing the environment under which Guernsey
operates.
GDP:
purchasing power parity - $1.3 billion (1999 est.)
GDP - real growth rate:
5.7% (1999 est.)
GDP - per capita:
purchasing power parity - $20,000 (1999 est.)
GDP - composition by sector: agriculture: 3% industry: 10% services: 87% (2000)
Population below poverty line:
NA
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
4% (2000 est.)
Labor force:
31,320 (2000)
Unemployment rate:
0.5% (1999 est.)
Budget:
revenues: $381.3 million
expenditures: $368.8 million, including capital expenditures of NA
(2000 est.)
Agriculture - products:
tomatoes, greenhouse flowers, sweet peppers, eggplant, fruit;
Guernsey cattle
Industries:
tourism, banking
Industrial production growth rate:
NA
Electricity - production:
NA kWh
Electricity - consumption:
NA kWh
Electricity - exports:
0 kWh (2002)
Electricity - imports:
0 kWh (2002)
Exports:
NA
Exports - commodities:
tomatoes, flowers and ferns, sweet peppers, eggplant, other
vegetables
Exports - partners:
UK (regarded as internal trade)
Imports:
NA
Imports - commodities:
coal, gasoline, oil, machinery and equipment
Imports - partners:
UK (regarded as internal trade)
Debt - external:
NA
Economic aid - recipient:
NA
Currency:
British pound (GBP); note - there is also a Guernsey pound
Currency code:
GBP
Exchange rates:
Guernsey pounds per US dollar - 0.6661 (2002), 0.6944 (2001),
0.6596 (2000), 0.6180 (1999), 0.6037 (1998); note - the Guernsey
pound is at par with the British pound
Fiscal year:
calendar year
Communications Guernsey
Telephones - main lines in use:
55,000 (2001)
Telephones - mobile cellular:
31,500 (2001)
Telephone system:
general assessment: NA
domestic: NA
international: 1 submarine cable
Radio broadcast stations:
AM 1, FM 1, shortwave 0 (1998)
Radios:
NA
Television broadcast stations:
1 (1997)
Televisions:
NA
Internet country code:
.gg
Internet Service Providers (ISPs):
NA
Internet users:
NA
Transportation Guernsey
Highways: total: NA km paved: NA km unpaved: NA km
Ports and harbors:
Saint Peter Port, Saint Sampson
Merchant marine:
none
Airports:
2 (2003 est.)
Airports - with paved runways: total: 2 914 to 1,523 m: 1 under 914 m: 1 (2004 est.)
Military Guernsey
Military - note: defense is the responsibility of the UK
Transnational Issues Guernsey
Disputes - international: none
This page was last updated on 10 February,