er, percent of
vote of the States of Deliberation NA%

Legislative branch:
unicameral States of Deliberation (45 seats; members are elected by
popular vote for 4 years); note - Alderney and Sark have their own
parliaments
elections: last held 21 April 2004 (next to be held NA 2008)
election results: percent of vote - NA%; seats - all independents

Judicial branch:
Royal Court

Political parties and leaders:
none; all independents

Political pressure groups and leaders:
none

International organization participation:
UPU

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 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)