Diplomatic representation in US: none (dependent territory of the UK)
US diplomatic representation: none (dependent territory of the UK)
Flag: two horizontal bands of white (top, double width) and red with a three-towered red castle in the center of the white band; hanging from the castle gate is a gold key centered in the red band
@Gibraltar:Economy
Overview: Gibraltar benefits from an extensive shipping trade and offshore banking. The British military presence has been severely reduced and now only contributes about 11% to the local economy. The financial sector accounts for 15% of GDP; tourism, shipping services fees, and duties on consumer goods also generate revenue. Because more than 70% of the economy is in the public sector, changes in government spending have a major impact on the level of employment.
National product: GDP - purchasing power parity - $205 million (1993 est.)
National product real growth rate: NA%
National product per capita: $6,600 (1993 est.)
Inflation rate (consumer prices): 3.6% (1988)
Unemployment rate: NA%