name: "Sarnia Cherie" (Guernsey Dear)
lyrics/music: George DEIGHTON/Domencio SANTANGELO
note: adopted 1911; serves as a local anthem; as a British crown dependency, "God Save the Queen" remains official (see United Kingdom)
Economy ::Guernsey
Economy - overview:
Financial services - banking, fund management, insurance - account for about 23% of employment and about 55% 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) country comparison to the world: 178
GDP (official exchange rate):
$2.742 billion (2005)