65228
English, French, Norman-French dialect spoken in country districts
- Conventional long form
- Bailiwick of Guernsey
- Conventional short form
- Guernsey
- Local long form
- Local short form
parliamentary democracy (States of Deliberation); a Crown dependency of the UK
- Name
- St 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
Financial services account for about 40% 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. In October 2014, Guernsey signed an OECD agreement to automatically exchange some financial account information to limit tax avoidance and evasion.
- Inflation
- None%
- Total tax rate (% of commercial profits)
- None%
- Real Interest Rate
- None%
- Manufacturing, value added (% of GDP)
- None%
- Current Account Balance
- US$
- Labor Force, Total
- Employment in Agriculture
- %
- Employment in Industry
- %
- Employment in Services
- %
- Unemployment Rate
- %
- Imports of goods and services
- US$
- Exports of goods and services
- US$
- Total Merchandise Trade
- %
- FDI, net inflows
- US$
- Commercial Service Exports
- US$
tomatoes, greenhouse flowers, sweet peppers, eggplant, fruit; Guernsey cattle
tourism, banking
- Commodities
- tomatoes, flowers and ferns, sweet peppers, eggplant, other vegetables
- Partners
- Commodities
- coal, gasoline, oil, machinery, and equipment
- Partners