re independents;
seats - (60 total, 33 elected), all independents
Judicial branch: Royal Court
Political parties and leaders: none; all independents
Member of: none
Diplomatic representation in US: none (British crown dependency)
US diplomatic representation: none (British crown dependency)
Flag: white with the red cross of Saint George (patron saint of
England) extending to the edges of the flag
@Guernsey:Economy
Overview: Financial services account for more than 50% of total
income. Tourism, manufacturing, and horticulture, mainly tomatoes and
cut flowers, have been declining. Bank profits (1992) registered a
record 26% growth. Fund management and insurance are the two other
major income generators. Per capita output and living standards are
somewhat lower than the levels of the less affluent EU countries.
National product: GDP $NA
National product real growth rate: 9% (1987)
National product per capita: $NA
Inflation rate (consumer prices): 7% (1988)
Unemployment rate: NA%
Budget:
revenues: $208.9 million
expenditures: $173.9 million, including capital expenditures of $NA
(1988)
Exports: $NA
commodities: tomatoes, flowers and ferns, sweet peppers, eggplant,
other vegetables
partners: UK (regarded as internal trade)
Imports: $NA
commodities: coal, gasoline, and oil
partners: UK (regarded as internal trade)
External debt: $NA
Industrial production: growth rate NA%
Electricity:
capacity: 173,000 kW
production: 525 million kWh
consumption per capita: 9,060 kWh (1992)
Industries: tourism, banking
Agriculture: tomatoes, flowers (mostly grown in greenhouses), sweet
peppers, eggplant, other vegetables, fruit; Guernsey cattle
Economic aid: none
Currency: 1 Guernsey (#G) pound = 100 pence
Exchange rates: Guernsey pounds (#G) per US$1 - 0.6350 (January 1995),
0.6529 (1994), 0.6658 (1993), 0.5664 (1992), 0.5652 (1991), 0.5603
(1990); note - the Guernsey pound is at par with the British pound
Fiscal year: calendar year
@Guernsey:Transportation
Railroads: 0 km
Highways:
total: NA
paved: NA
unpaved: NA
Ports: Saint Peter Port, Saint Sampson
Merchant marine: none
Airports:
total: 2
with paved runways 914 to 1,523 m: 1
with paved runways under 914 m: 1
@Guernsey:Communications
Telephone system: 41,900 telephones
local: NA
intercity: NA
international: 1 submarine cable
Radio:
bro
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