held NA);
results - no percent of vote by party since all are independents;
seats - (60 total, 33 elected), all independents
Judicial branch: Royal Court
Political parties and leaders: none; all independents
International organization participation: none
Diplomatic representation in US: none (British crown dependency)
US diplomatic representation: none (British crown dependency)
Flag: white with the red cross of Saint George (patron saint of
England) extending to the edges of the flag
Economy
-------
Economic overview: Financial services account for about 55% of
total income. Tourism, manufacturing, and horticulture, mainly
tomatoes and cut flowers, have been declining. Bank profits (1992)
registered a record 26% growth. Fund management and insurance are
the two other major income generators.
GDP: $NA
GDP real growth rate: NA%
GDP per capita: $NA
GDP composition by sector:
agriculture: NA%
industry: NA%
services: NA%
Inflation rate (consumer prices): 7% (1988)
Labor force: NA
Unemployment rate: 3%-4% (1994 est.)
Budget:
revenues: $238.3 million
expenditures: $223.7 million, including capital expenditures of $NA
(1993 est.)
Industries: tourism, banking
Industrial production growth rate: NA%
Electricity:
capacity: 173,000 kW
production: 525 million kWh
consumption per capita: 9,060 kWh (1992)
Agriculture: tomatoes, greenhouse flowers, sweet peppers,
eggplant, other vegetables, fruit; Guernsey cattle
Exports: $NA
commodities: tomatoes, flowers and ferns, sweet peppers, eggplant,
other vegetables
partners: UK (regarded as internal trade)
Imports: $NA
commodities: coal, gasoline, and oil
partners: UK (regarded as internal trade)
External debt: $NA
Economic aid: none
Currency: 1 Guernsey (LG) pound = 100 pence
Exchange rates: Guernsey pounds (LG) per US$1 - 0.6535 (January
1996), 0.6335 (1995), 0.6529 (1994), 0.6658 (1993), 0.5664 (1992),
0.5652 (1991); note - the Guernsey pound is at par with the British
pound
Fiscal year: calendar year
Transportation
--------------
Railways: 0 km
Highways:
total: NA km
paved: NA km
unpaved: NA km
Ports: Saint Peter Port, Saint Sampson
Merchant marine: none
Airports:
total: 2
with paved runways 914 to 1 523 m: 1
with paved runways under 914 m: 1 (1995 est.)
Communications
--------------
Telephones: 41,850 (1983
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