body composed of the Lord Bishop of Sodor and
Man, a nonvoting attorney general, and 8 others named by the House of
Keys) and the House of Keys (24 seats; members are elected by popular
vote to serve five-year terms)
elections: House of Keys-last held 21 November 1996 (next to be held
NA 2001)
election results: House of Keys-percent of vote by party-NA; seats by
party-independents 24

Judicial branch: High Court of Justice, justices are appointed by the
Lord Chancellor of England on the nomination of the lieutenant
governor

Political parties and leaders: there is no party system; members sit
as independents

International organization participation: none

Diplomatic representation in the US: none (British crown dependency)

Diplomatic representation from the US: none (British crown dependency)

Flag description: red with the Three Legs of Man emblem (Trinacria),
in the center; the three legs are joined at the thigh and bent at the
knee; in order to have the toes pointing clockwise on both sides of
the flag, a two-sided emblem is used

@Man, Isle of:Economy

Economy-overview: Offshore banking, manufacturing, and tourism are key
sectors of the economy. The government's policy of offering incentives
to high-technology companies and financial institutions to locate on
the island has paid off in expanding employment opportunities in
high-income industries. As a result, agriculture and fishing, once the
mainstays of the economy, have declined in their shares of GDP.
Banking and other services now contribute more than half to GDP. Trade
is mostly with the UK. The Isle of Man enjoys free access to EU
markets.

GDP: purchasing power parity-$780 million (1994 est.)

GDP-real growth rate: NA%

GDP-per capita: purchasing power parity-$10,800 (1994 est.)

GDP-composition by sector:
agriculture: NA%
industry: NA%
services: NA%

Inflation rate-consumer price index: 2% (1996 est.)

Labor force:
total: 33,577 (1996)
by occupation: manufacturing 11%, construction 10%, transport and
communication 8%, retail distribution 9%, professional and scientific
services 18%, public administration 6%, banking and finance 18%

Unemployment rate: 2% (1996 est.)

Budget:
revenues: $333.7 million
expenditures: $333.5 million, including capital expenditures of $NA
(FY94/95 est.)

Industries: financial services, light manufacturing, tourism

Industrial production growth rate: NA%

Electricity-capacity: NA kW

Electricit