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NAVIGATION
Bailiwick of Guernsey
former: Dukedom of Normandy
GOVERNMENT
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Country name:
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conventional long form: Bailiwick of Guernsey
conventional short form: Guernsey |
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Dependency status:
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British crown dependency |
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Government type:
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NA |
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Capital:
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St. Peter Port |
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Administrative divisions:
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none (British crown dependency); there are no first-order administrative divisions as defined by the US Government, but there are 10 parishes including St. Peter Port, St. Sampson, Vale, Castel, St. Saviour, St. Pierre du Bois, Torteval, Forest, St. Martin, St. Andrew |
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Independence:
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none (British crown dependency) |
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National holiday:
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Liberation Day, 9 May (1945) |
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Constitution:
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unwritten; partly statutes, partly common law and practice |
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Legal system:
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English law and local statute; justice is administered by the Royal Court |
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Suffrage:
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18 years of age; universal |
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Executive branch:
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chief of state: Queen ELIZABETH II (since 6 February 1952)
elections: none; the monarch is hereditary; lieutenant governor appointed by the monarch; bailiff appointed by the monarch head of government: Lieutenant Governor and Commander-in-Chief Lt. Gen. Sir John FOLEY (since NA 2000) and Bailiff De Vic G. CAREY (since NA) cabinet: Advisory and Finance Committee appointed by the Assembly of the States |
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Legislative branch:
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unicameral Assembly of the States; consists of the bailiff, 10 Douzaine (parish council) representatives, 45 people's deputies elected by popular vote, 2 representatives from Alderney, Her Majesty's Procureur (Attorney General), Her Majesty's Comptroller (Solicitor General) and Her Majesty's Greffier (Court Recorder and Registrar General); note - Alderney and Sark have their own parliaments
elections: last held 12 April 2000 (next to be held NA 2004) election results: percent of vote - NA%; seats - all independents |
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Judicial branch:
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Royal Court |
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Political parties and leaders:
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none; all independents |
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Political pressure groups and leaders:
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none |
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International organization participation:
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none |
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Diplomatic representation in the US:
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none (British crown dependency) |
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Diplomatic representation from the US:
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none (British crown dependency) |
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Flag description:
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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
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Economy - overview:
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Financial services - banking, fund management, insurance, etc. - account for about 55% of total income in this tiny Channel Island economy. Tourism, manufacturing, and horticulture, mainly tomatoes and cut flowers, have been declining. Light tax and death duties make Guernsey a popular tax haven. The evolving economic integration of the EU nations is changing the rules of the game under which Guernsey operates. |
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GDP:
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purchasing power parity - $1.3 billion (1999 est.) |
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GDP - real growth rate:
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5.7% (1999 est.) |
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GDP - per capita:
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purchasing power parity - $20,000 (1999 est.) |
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GDP - composition by sector:
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agriculture: 3%
industry: 10% services: 87% (2000) |
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Population below poverty line:
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NA% |
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Household income or consumption by percentage share:
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lowest 10%: NA%
highest 10%: NA% |
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Inflation rate (consumer prices):
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3.99% (2000 est.) |
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Labor force:
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31,322 (2000) |
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Unemployment rate:
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0.5% (1999 est.) |
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Budget:
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revenues: $381.3 million
expenditures: $368.8 million, including capital expenditures of $NA (2000 est.) |
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Industries:
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tourism, banking |
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Industrial production growth rate:
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NA% |
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Electricity - production:
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NA kWh |
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Electricity - production by source:
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fossil fuel: NA%
hydro: NA% other: NA% nuclear: NA% |
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Electricity - consumption:
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NA kWh |
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Electricity - exports:
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NA kWh |
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Electricity - imports:
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NA kWh |
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Agriculture - products:
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tomatoes, greenhouse flowers, sweet peppers, eggplant, fruit; Guernsey cattle |
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Exports:
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$NA |
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Exports - commodities:
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tomatoes, flowers and ferns, sweet peppers, eggplant, other vegetables |
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Exports - partners:
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UK (regarded as internal trade) |
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Imports:
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$NA |
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Imports - commodities:
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coal, gasoline, oil, machinery and equipment |
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Imports - partners:
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UK (regarded as internal trade) |
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Debt - external:
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$NA |
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Economic aid - recipient:
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$NA |
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Currency:
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British pound (GBP); note - there is also a Guernsey pound |
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Currency code:
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GBP |
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Exchange rates:
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Guernsey pounds per US dollar - 0.6944 (January 2002), 0.6944 (2001), 0.6596 (2000), 0.6180 (1999), 0.6037 (1998), 0.6106 (1997); note - the Guernsey pound is at par with the British pound |
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Fiscal year:
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calendar year |