Political pressure groups and leaders:
none
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
Economy Guernsey
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 - $1.3 billion (1999 est.)
GDP - real growth rate:
5.7% (1999 est.)
GDP - per capita:
purchasing power parity - $20,000 (1999 est.)