NO]

Political pressure groups and leaders: Chamber of Commerce;
Gibraltar Representatives Organization; Housewives Association

International organization participation: Interpol (subbureau)

Diplomatic representation in the US: none (overseas territory of the
UK)

Diplomatic representation from the US: none (overseas territory of
the UK)

Flag description: two horizontal bands of white (top, double width)
and red with a three-towered red castle in the center of the white
band; hanging from the castle gate is a gold key centered in the red
band

Gibraltar Economy

Economy - overview: Gibraltar benefits from an extensive shipping
trade, offshore banking, and its position as an international
conference center. The British military presence has been sharply
reduced and now contributes about 11% to the local economy. The
financial sector accounts for 20% of GDP; tourism (almost 6 million
visitors in 1998), shipping services fees, and duties on consumer
goods also generate revenue. In recent years, Gibraltar has seen
major structural change from a public to a private sector economy,
but changes in government spending still have a major impact on the
level of employment.

GDP: purchasing power parity - $500 million (1997 est.)

GDP - real growth rate: NA%

GDP - per capita: purchasing power parity - $17,500 (1997 est.)

GDP - composition by sector: agriculture: NA%

industry: NA%

services: NA%

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: NA%

highest 10%: NA%

Inflation rate (consumer prices): 1.5% (1998)

Labor force: 14,800 (including non-Gibraltar laborers)

Labor force - by occupation: services 60%, industry 40%, agriculture
NEGL%

Unemployment rate: 13.5% (1996)

Budget: revenues: $307 million

expenditures: $284 million, including capital expenditures of $NA
(FY00/01 est.)

Industries: tourism, banking and finance, ship-building and
repairing; support to large UK naval and air bases; tobacco, mineral
water, beer, canned fish

Industrial production growth rate: NA%

Electricity - production: 95 million kWh (1999)

Electricity - production by source: fossil fuel: 100%

hydro: 0%

nuclear: 0%

other: 0% (1999)

Electricity - consumption: 88.4 million kWh (1999)

Electricity - exports: 0 kWh (1999)

Electricity - imports: 0 kWh (1999)

Agriculture - products: none

Exports: $81.1 million (f.o.b., 19