The 2008 CIA World Factbook. United States. Central Intelligence Agency

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      English, French, Norman-French dialect spoken in country districts

      Literacy:

      NA

      Education expenditures:

      NA

      Government

       Guernsey

      Country name:

      conventional long form: Bailiwick of Guernsey conventional short form: Guernsey

      Dependency status:

      British crown dependency

      Government type:

      parliamentary democracy

      Capital:

      name: Saint Peter Port geographic coordinates: 49 27 N, 2 32 W time difference: UTC 0 (5 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

      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 Castel, Forest, Saint Andrew, Saint Martin, Saint Peter Port, Saint Pierre du Bois, Saint Sampson, Saint Saviour, Torteval, Vale

      Independence:

      none (British crown dependency)

      National holiday:

      Liberation Day, 9 May (1945)

      Constitution:

      unwritten; partly statutes, partly common law and practice

      Legal system:

      the laws of the UK, where applicable, apply; 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 Sir Fabian MALBON (since 28 October 2005) head of government: Chief Minister Lyndon TROTT (since 1 May 2008) 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 Deliberation election results: Lyndon TROTT 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 four years); note - Alderney and Sark have parliaments elections: last held 23 April 2008 (next to be held in 2012) election results: percent of vote - NA; seats - all independents

      Judicial branch:

      Royal Court (judges elected by an electoral college and the bailiff)

      Political parties and leaders:

      none; all independents

      Political pressure groups and leaders:

      Stop Traffic Endangering Pedestrian Safety or STEPS; No More Masts

       [Colin FALLAIZE]

      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 23% of employment and about 55% of total income in this tiny, prosperous Channel Island economy. Tourism, manufacturing, and horticulture, mainly tomatoes and cut flowers, have been declining. Financial services, construction, retail, and the public sector have been growing. 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):

      $2.742 billion (2005)

      GDP (official exchange rate):

      $2.742 billion (2005)

      GDP - real growth rate:

      3% (2005 est.)

      GDP - per capita (PPP):

      $44,600 (2005)

      GDP - composition by sector:

      agriculture: 3% industry: 10% services: 87% (2000)

      Labor force:

      31,470 (March 2006)

      Unemployment rate:

      0.9% (March 2006 est.)

      Population below poverty line:

      NA%

      Household income or consumption by percentage share:

      lowest 10%: NA% highest 10%: NA%

      Budget:

      revenues: $563.6 million expenditures: $530.9 million (2005)

      Fiscal year:

      calendar year

      Inflation rate (consumer prices):

      3.4% (June 2006)

      Agriculture - products:

      tomatoes, greenhouse flowers, sweet peppers, eggplant, fruit; Guernsey cattle

      Industries:

      tourism, banking

      Industrial production growth rate:

      NA%

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