Financial services accounted for about 21% of employment and about 32% of total income in 2016 in this tiny, prosperous Channel Island economy. Construction, manufacturing, and horticulture, mainly tomatoes and cut flowers, have been declining. Financial services, professional services, tourism, retail, and the public sector have been growing. Light tax and death duties make Guernsey a popular offshore financial center.
0.4% (2015 est.)
1.2% (2014 est.)
4.2% (2012 est.)
3.4% (June 2006 est.)
$3.465 billion (2015 est.)
$3.451 billion (2014 est.)
$3.42 billion (2013 est.)
note: data are in 2015 dollars
$2.742 billion (2005 est.)
$52,500 (2014 est.)
agriculture: 3% (2000)
industry: 10% (2000)
services: 87% (2000)
tomatoes, greenhouse flowers, sweet peppers, eggplant, fruit; Guernsey cattle
tourism, banking
N/A
31,470 (March 2006)
1.2% (2016 est.)
N/A
lowest 10%: NA
highest 10%: NA
revenues: 563.6 million (2005)
expenditures: 530.9 million (2005 est.)
20.6% (of GDP) (2005)
1.2% (of GDP) (2005)
calendar year
N/A
tomatoes, flowers and ferns, sweet peppers, eggplant, other vegetables
N/A
coal, gasoline, oil, machinery, and equipment
N/A
Guernsey pound per US dollar
0.7836 (2017 est.)
0.738 (2016 est.)
0.738 (2015)
0.6542 (2014)
0.607 (2013)
NOTE: The information regarding Guernsey on this page is re-published from the 2021 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Guernsey 2021 information contained here. All suggestions for corrections of any errors about Guernsey 2021 should be addressed to the CIA or the source cited on each page.
This page was last modified 16 Dec 23, Copyright © 2023 ITA all rights reserved.