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 - account
for about 23% of employment and 32% of total income in this tiny,
prosperous Channel Island economy. Tourism, manufacturing, and
horticulture, mainly tomatoes and cut flowers, have been declining.
Financial services, construction, retail, and the public sector have
been growing. Light tax and death duties make Guernsey a popular tax
haven. The evolving economic integration of the EU nations is
changing the environment under which Guernsey operates.
GDP (purchasing power parity):
$2.742 billion (2005)
GDP (official exchange rate):
$2.742 billion (2005)
GDP - real growth rate:
3% (2005 est.)
GDP - per capita (PPP):
$44,600 (2005)
GDP - composition by sector: agriculture: 3% industry: 10% services: 87% (2000)