33
popularly elected; members serve six-year terms)
elections: last held 20 April 1994 (next to be held NA 2000)
election results: percent of vote-NA; seats-all independents

Judicial branch: Royal Court

Political parties and leaders: none; all independents

International organization participation: none

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

@Guernsey:Economy

Economy-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. Light tax and death duties make the island a
popular tax-haven.

GDP: $NA

GDP-real growth rate: NA%

GDP-per capita: $NA

GDP-composition by sector:
agriculture: NA%
industry: NA%
services: NA%

Inflation rate-consumer price index: 7% (1988)

Labor force: NA

Unemployment rate: 3%-4% (1994 est.)

Budget:
revenues: $277.9 million
expenditures: $248.8 million, including capital expenditures of $NA
(1995 est.)

Industries: tourism, banking

Industrial production growth rate: NA%

Electricity-capacity: NA kW

Electricity-production: NA kWh

Electricity-consumption per capita: NA kWh

Agriculture-products: 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, oil, machinery and equipment
partners: UK (regarded as internal trade)

Debt-external: $NA

Economic aid: none

Currency: 1 Guernsey (LG) pound = 100 pence

Exchange rates: Guernsey pounds (LG) per US$1-0.6115 (January 1998),
0.6106 (1997), 0.6403 (1996), 0.6335 (1995), 0.6529 (1994), 0.6658
(1993); note - the Guernsey pound is at par with the British pound

Fiscal year: calendar year

Communications

Telephones: 41,850 (1983 est.)

Telephone system:
domestic: NA
international: 1 submarine cable

Radio broadcast stations: AM 1, FM 1, shortwave 0

Radios: NA

Television broadcast stations: 1

Televisions: NA

@Guernsey