ay of the
economy, accounts for 24% of GDP. 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. Light taxes and death
duties make the island a popular tax haven.

GDP: purchasing power parity - $2.2 billion (1999 est.)

GDP - real growth rate: NA%

GDP - per capita: purchasing power parity - $24,800 (1999 est.)

GDP - composition by sector: agriculture: 5% industry: 2% services: 93%
(1996)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices): 4.7% (1998)

Labor force: 57,050 (1996)

Unemployment rate: 0.7% (1998 est.)

Budget: revenues: $601 million expenditures: $588 million, including
capital expenditures of $98 million (2000 est.)

Industries: tourism, banking and finance, dairy

Industrial production growth rate: NA%

Electricity - imports: NA kWh note: electricity supplied by France

Agriculture - products: potatoes, cauliflower, tomatoes; beef, dairy
products

Exports: $NA

Exports - commodities: light industrial and electrical goods, foodstuffs,
textiles

Exports - partners: UK

Imports: $NA

Imports - commodities: machinery and transport equipment, manufactured
goods, foodstuffs, mineral fuels, chemicals

Imports - partners: UK

Debt - external: none

Economic aid - recipient: none

Currency: British pound (GBP); note - there is also a Jersey pound

Currency code: GBP

Exchange rates: Jersey pounds per US dollar - 0.6981 (January 2002),
0.6944 (2001), 0.6596 (2000), 0.6180 (1999), 0.6037 (1998), 0.6106
(1997); the Jersey pound is at par with the British pound

Fiscal year: 1 April - 31 March

Communications Jersey

Telephones - main lines in use: 65,500 (1997)

Telephones - mobile cellular: 4,400 (1997)

Telephone system: general assessment: NA domestic: NA international:
3 submarine cables

Radio broadcast stations: AM NA, FM 1, shortwave 0 (1998)

Radios: NA

Television broadcast stations: 1 (1997)

Televisions: NA

Internet country code: .je

Internet Service Providers (ISPs): NA

Internet users: NA

Transportation Jersey

Railways: 0 km

Highways: total: 577 km (1995) p