My World Factbook
(Learn more about the new, improved World Factbook)
Note: Most information adapted from the popular World Factbook is distributed between the websites GeoWorld (geography, people, communications & transportation), Politix (government) and Great Depression II (economy).
Economy
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.
$2.742 billion (2005)
country comparison to the world: $2.742 billion (2005)
3% (2005 est.)
country comparison to the world: $44,600 (2005)
country comparison to the world: agriculture: 3%
industry: 10%
services: 87% (2000)
31,470 (March 2006)
country comparison to the world: 0.9% (March 2006 est.)
country comparison to the world: NA%
lowest 10%: NA%
highest 10%: NA%
3.4% (June 2006)
country comparison to the world: tomatoes, greenhouse flowers, sweet peppers, eggplant, fruit; Guernsey cattle
tourism, banking
NA%
NA kWh
NA kWh
0 kWh (2002)
0 kWh (2002)
$NA
tomatoes, flowers and ferns, sweet peppers, eggplant, other vegetables
$NA
coal, gasoline, oil, machinery and equipment
$NA
Guernsey pound 0.6504 (2009), 0.5302 (2008), 0.4993 (2007), 0.5418 (2006)
note: the Guernsey pound is at par with the British pound


