rity coalition is usually
appointed chief minister by the governor
Legislative branch:
unicameral House of Assembly (18 seats - 15 elected by popular
vote, 1 appointed for the Speaker, and 2 ex officio members; members
serve four-year terms)
elections: last held 27 November 2003 (next to be held not later
than February 2008)
election results: percent of vote by party - GSD 58%, GSLP 41%;
seats by party - GSD 8, GSLP 7
Judicial branch:
Supreme Court; Court of Appeal
Political parties and leaders:
Gibraltar Liberal Party [Joseph GARCIA]; Gibraltar Social Democrats
or GSD [Peter CARUANA]; Gibraltar Socialist Labor Party or GSLP
[Joseph John BOSSANO]
Political pressure groups and leaders:
Chamber of Commerce; Gibraltar Representatives Organization;
Women's Association
International organization participation:
Interpol (subbureau), UPU
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
Economy Gibraltar
Economy - overview:
Self-sufficient 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 7% to the local economy, compared
with 60% in 1984. The financial sector, tourism (almost 5 million
visitors in 1998), shipping services fees, and duties on consumer
goods also generate revenue. The financial sector, the shipping
sector, and tourism each contribute 25%-30% of GDP.
Telecommunications accounts for another 10%. 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):
$769 million (2000 est.)
GDP (official exchange rate):
NA
GDP - real growth rate:
NA%
GDP - per capita (PPP):
$27,900 (2000 est.)
GDP - composition by sector:
agriculture: NA%
industry: NA%
services: NA%
Labor force:
12,690 (including non-Gibraltar laborers) (2001)
Labor force - by occupation:
agriculture: negl
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