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