International organization participation: none

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

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

Flag description: white with the red cross of Saint George (patron saint of England) extending to the edges of the flag and a yellow equal-armed cross of William the Conqueror superimposed on the Saint George cross

@Guernsey:Economy

Economy - overview: Financial services - banking, fund management, insurance, etc. - account for about 55% of total income in this tiny Channel Island economy. Tourism, manufacturing, and horticulture, mainly tomatoes and cut flowers, have been declining. Light tax and death duties make Guernsey a popular tax haven. The evolving economic integration of the EU nations is changing the rules of the game under which Guernsey operates.

GDP: purchasing power parity - $1.15 billion (1997 est.)

GDP - real growth rate: 2.3% (1997 est.)

GDP - per capita: purchasing power parity - $18,100 (1997 est.)

GDP - composition by sector: agriculture: 4% industry: 10% services: 86% (1999 est.)