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Guernsey and the other Channel Islands represent the last remnants of the medieval Dukedom of Normandy, which held sway in both France and England. The islands were the only British soil occupied by German troops in World War II. The Bailiwick of Guernsey is a British crown dependency but is not part of the UK or of the EU. However, the UK Government is constitutionally responsible for its defense and international representation. The Bailiwick of Guernsey consists of the main island of Guernsey and a number of smaller islands including Alderney, Sark, Herm, Jethou, Brecqhou, and Lihou.

Location

Western Europe, islands in the English Channel, northwest of France

Natural Resources

cropland

Population - distribution

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
Country Risk Rating
Business Climate Rating

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