90812
English 94.5% (official), Portuguese 4.6%, other 0.9% (2001 census)
- Conventional long form
- Bailiwick of Jersey
- Conventional short form
- Jersey
- Local long form
- Local short form
parliamentary democracy (Assembly of the States of Jersey); a Crown dependency of the UK
- Name
- Saint Helier
- Geographic coordinates
- 49 11 N, 2 06 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
Jersey's economy is based on international financial services, agriculture, and tourism. In 2010, the financial services sector accounted for about 50% of the island's output. Potatoes, cauliflower, tomatoes, and especially flowers are important export crops, shipped mostly to the UK. The Jersey breed of dairy cattle is known worldwide and represents an important export income earner. Tourism accounts for one-quarter of GDP. Living standards come close to those of the UK. In recent years, the government has encouraged light industry to locate in Jersey with the result that an electronics industry has developed, displacing more traditional industries. All raw material and energy requirements are imported as well as a large share of Jersey's food needs. Light taxes and death duties make the island a popular tax haven. In October 2014, Jersey 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$
potatoes, cauliflower, tomatoes; beef, dairy products
tourism, banking and finance, dairy, electronics
- Commodities
- light industrial and electrical goods, dairy cattle, foodstuffs, textiles, flowers
- Partners
- Commodities
- machinery and transport equipment, manufactured goods, foodstuffs, mineral fuels, chemicals
- Partners