British crown dependency
Government type:
NA
Capital:
Saint Peter Port
Administrative divisions:
none (British crown dependency); there are no first-order
administrative divisions as defined by the US Government, but there
are 10 parishes including Saint Peter Port, Saint Sampson, Vale,
Castel, Saint Saviour, Saint Pierre du Bois, Torteval, Forest, Saint
Martin, Saint Andrew
Independence:
none (British crown dependency)
National holiday:
Liberation Day, 9 May (1945)
Constitution:
unwritten; partly statutes, partly common law and practice
Legal system:
English law and local statutes; justice is administered by the
Royal Court
Suffrage:
18 years of age; universal
Executive branch:
chief of state: Queen ELIZABETH II (since 6 February 1952),
represented by Lieutenant Governor and Commander-in-Chief Lt. Gen.
Sir John FOLEY (since NA 2000)
head of government: Chief Minister Laurie MORGAN (since 1 May 2004)
cabinet: Policy Council elected by the States of Deliberation
elections: the monarch is hereditary; lieutenant governor appointed
by the monarch; chief minister is elected by States of Delibertion
election results: Laurie MORGAN elected chief minister, percent of
vote of the States of Deliberation NA%
Legislative branch:
unicameral States of Deliberation (45 seats; members are elected by
popular vote for 4 years); note - Alderney and Sark have their own
parliaments
elections: last held 21 April 2004 (next to be held NA 2008)
election results: percent of vote - NA%; seats - all independents
Judicial branch:
Royal Court
Political parties and leaders:
none; all independents
Political pressure groups and leaders:
none
International organization participation:
UPU
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 and a yellow equal-armed cross of
William the Conqueror superimposed on the Saint George cross
Economy Guernsey
Economy - overview:
Financial services - banking, fund management, insurance - account
for about 55% of total income in this tiny, prosperous Channel
Island economy. Tourism, manufacturing, and horticulture, mainly
tomatoes and cut flowers, have been declining. Light tax and death
duties make Guernsey a popular tax haven. The evolving economic
integration of the EU nations is changing the environment under
which Guernsey operates.
GDP (purchasing power parity):
$2.59 billion (2003 est.)
GDP - real growth rate:
3% (2003 est.)
GDP - per capita:
purchasing power parity - $40,000 (2003 est.)
GDP - composition by sector: agriculture: 3% industry: 10% services: 87% (2000)
Labor force:
32,290 (2001)
Unemployment rate:
0.5% (1999 est.)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
4.9% (2004 est.)
Budget:
revenues: $539.2 million
expenditures: $448.3 million, including capital expenditures of NA
(2002 est.)
Agriculture - products:
tomatoes, greenhouse flowers, sweet peppers, eggplant, fruit;
Guernsey cattle
Industries:
tourism, banking
Industrial production growth rate:
NA%
Electricity - production:
NA kWh
Electricity - production by source:
fossil fuel: NA
hydro: NA
