@Jersey, Economy
Overview:
The economy is based largely on financial services, agriculture, and
tourism. Potatoes, cauliflower, tomatoes, and especially flowers are
important export crops, shipped mostly to the UK. The Jersey breed of
dairy cattle is known worldwide and represents an important export
earner. Milk products go to the UK and other EU countries. In 1986 the
finance sector overtook tourism as the main contributor to GDP,
accounting for 40% of the island's output. In recent years the
government has encouraged light industry to locate in Jersey, with the
result that an electronics industry has developed alongside the
traditional manufacturing of knitwear. All raw material and energy
requirements are imported, as well as a large share of Jersey's food
needs.
National product:
GDP $NA
National product real growth rate:
8% (1987 est.)
National product per capita:
$NA
Inflation rate (consumer prices):
8% (1988 est.)
Unemployment rate:
NA%
Budget:
revenues:
$308 million
expenditures:
$284.4 million, including capital expenditures of $NA (1985)
Exports:
$NA
commodities:
light industrial and electrical goods, foodstuffs, textiles
partners:
UK
Imports:
$NA
commodities:
machinery and transport equipment, manufactured goods, foodstuffs,
mineral fuels, chemicals
partners:
UK
External debt:
$NA
Industrial production:
growth rate NA%
Electricity:
capacity:
50,000 kW standby
production:
power supplied by France
consumption per capita:
NA (1992)
Industries:
tourism, banking and finance, dairy
Agriculture:
potatoes, cauliflowers, tomatoes; dairy and cattle farming
Economic aid:
none
Currency:
1 Jersey pound (#J) = 100 pence
Exchange rates:
Jersey pounds (#J) per US$1 - 0.6699 (January 1994), 0.6658 (1993),
0.5664 (1992), 0.5652 (1991), 0.5603 (1990), 0.6099 (1989); the Jersey
pound is at par with the British pound
Fiscal year:
1 April - 31 March
@Jersey, Communications
Highways: total: NA paved: NA unpaved: NA Ports: Saint Helier, Gorey, Saint Aubin Airports: total: 1 usable: 1 with permanent-surface runways: 1 with runways over 3,659 m: 0 with runways 2,440-3,659 m: 0 with runways 1,220-2,439 m: 1 Telecommunications: 63,700 telephones; broadcast stations - 1 AM, no FM, 1 TV; 3 submarine cables
@Jersey, Defense Forces
Note: defense is the responsibility of the UK
@Johnston Atoll
Header
Affiliation: (territory of the US)
@Johnston Atoll, Geography