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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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