William the Conqueror superimposed on the Saint George cross
Economy Guernsey
Economy - overview:
Financial services - banking, fund management, insurance - account
for about 55% of total income in this tiny, prosperous 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 environment under
which Guernsey operates.
GDP (purchasing power parity):
$2.59 billion (2003 est.)
GDP - real growth rate:
3% (2003 est.)
GDP - per capita:
purchasing power parity - $40,000 (2003 est.)
GDP - composition by sector: agriculture: 3% industry: 10% services: 87% (2000)
Labor force:
32,290 (2001)
Unemployment rate:
0.5% (1999 est.)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
4.9% (2004 est.)
Budget:
revenues: $539.2 million
expenditures: $448.3 million, including capital expenditures of NA
(2002 est.)
Agriculture - products:
tomatoes, greenhouse flowers, sweet peppers, eggplant, fruit;
Guernsey cattle
Industries:
tourism, banking
Industrial production growth rate:
NA%
Electricity - production:
NA kWh
Electricity - production by source:
fossil fuel: NA
hydro: NA
nuclear: NA
other: NA
Electricity - consumption:
NA kWh
Electricity - exports:
0 kWh (2002)
Electricity - imports:
0 kWh (2002)
Exports:
$NA
Exports - commodities:
tomatoes, flowers and ferns, sweet peppers, eggplant, other
vegetables
Exports - partners:
UK (regarded as internal trade)
Imports:
$NA
Imports - commodities:
coal, gasoline, oil, machinery and equipment
Imports - partners:
UK (regarded as internal trade)
Debt - external:
$NA
Economic aid - recipient:
NA
Currency (code):
British pound (GBP); note - there is also a Guernsey pound
Currency code:
GBP
Exchange rates:
Guernsey pounds per US dollar - 0.5462 (2004), 0.6125 (2003),
0.6672 (2002), 0.6947 (2001), 0.6609 (2000)
note: the Guernsey pound is at par with the British pound
Fiscal year:
calendar year
Communications Guernsey
Telephones - main lines in use:
55,000 (2001)
Telephones - mobile cellular:
31,500 (2001)
Telephone system:
general assessment: NA
domestic: NA
international: 1 submarine cable
Radio broadcast stations:
AM 1, FM 1, shortwave 0 (1998)
Radios:
NA
Television broadcast stations:
1 (1997)
Televisions:
NA
Internet country code:
.gg
Internet Service Providers (ISPs):
NA
Internet users:
NA
Transportation Guernsey
Highways: total: NA km paved: NA km unpaved: NA km
Ports and harbors:
Saint Peter Port, Saint Sampson
Airports:
2 (2004 est.)
Airports - with paved runways: total: 2 914 to 1,523 m: 1 under 914 m: 1 (2004 est.)
Military Guernsey
Military - note: defense is the responsibility of the UK
Transnational Issues Guernsey
Disputes - international: none
This page was last updated on 20 October, 2005
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@Guinea
Introduction Guinea
Background:
Guinea has had only two presidents since gaining its independence
from France in 1958. Lansana CONTE came to power in 1984, when the
military seized the government after the death of the first
president, Sekou TOURE. Guinea did not hold democratic elections
until 1993 when Gen. CONTE (head of the military government) was
elected president of the civilian government. He was reelected in
1998 and again in 2003. Unrest in Sierra Leone and Liberia has
spilled over into Guinea on several occasions over the past decade,
threatening stability and creating humanitarian emergencies.
Geography Guinea
Location:
Western Africa, bordering the North Atlantic Ocean, between
Guinea-Bissau and Sierra Leone
Geographic coordinates:
11 00 N, 10 00 W
Map references:
Africa
Area: