iculture, and
tourism. Potatoes, cauliflower, tomatoes, and especially flowers are
important export crops, shipped mostly to the UK. The Jersey breed of dairy
cattle is known worldwide and represents an important export earner. Milk
products go to the UK and other EC countries. In 1986 the finance sector
overtook tourism as the main contributor to GDP, accounting for 40% of the
island's output. In recent years the government has encouraged light
industry to locate in Jersey, with the result that an electronics industry
has developed alongside the traditional manufacturing of knitwear. All raw
material and energy requirements are imported, as well as a large share of
Jersey's food needs.
National product:
GDP $NA
National product real growth rate:
8% (1987 est.)
National product per capita:
$NA
Inflation rate (consumer prices):
8% (1988 est.)
Unemployment rate:
NA%
Budget:
revenues $308.0 million; expenditures $284.4 million, including capital
expenditures of $NA (1985)
Exports:
$NA
commodities:
light industrial and electrical goods, foodstuffs, textiles
partners:
UK
Imports:
$NA
commodities:
machinery and transport equipment, manufactured goods, foodstuffs, mineral
fuels, chemicals
partners:
UK
External debt:
$NA
Industrial production:
growth rate NA%
Electricity:
50,000 kW standby capacity (1992); power supplied by France
Industries:
tourism, banking and finance, dairy
Agriculture:
potatoes, cauliflowers, tomatoes; dairy and cattle farming
Economic aid:
none
Currency:
1 Jersey pound (#J) = 100 pence
Exchange rates:
Jersey pounds (#J) per US$1 - 0.6527 (January 1993), 0.5664 (1992), 0.5652
(1991), 0.5603 (1990), 0.6099 (1989), 0.5614 (1988); the Jersey pound is at
par with the British pound
Fiscal year:
1 April - 31 March
*Jersey, Communications
Ports:
Saint Helier, Gorey, Saint Aubin
Airports:
total:
1
useable:
1
with permanent-surface runways:
1
with runways over 3,659 m:
0
with runways 2,440-3,659 m:
0
with runways 1,220-2,439 m:
1
Telecommunications:
63,700 telephones; broadcast stations - 1 AM, no FM, 1 TV; 3 submarine
cables
*Jersey, Defense Forces
Note:
defense is the responsibility of the UK
*Johnston Atoll, Header
Affiliation:
(territory of the US)
*Johnston Atoll, Geography
Location:
in the North Pacific Ocean, 1,430 km west-southwest of Honolulu
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