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,