ÿþ<html> <head> <title> Jersey Economy 2012, CIA World Factbook </title> <META NAME="Description" CONTENT="Jersey Economy 2012, CIA World Factbook"> <META NAME="keywords" CONTENT="Jersey, Economy, 2012, CIA, World, Factbook"> <script language="JavaScript"> function AddToFaves_hp(){ var is_4up = parseInt(navigator.appVersion); var is_mac = navigator.userAgent.toLowerCase().indexOf("mac")!=-1; var is_ie = navigator.userAgent.toLowerCase().indexOf("msie")!=-1; var thePage = location.href; if (thePage.lastIndexOf('#')!=-1) thePage = thePage.substring(0,thePage.lastIndexOf('#')); if (is_ie && is_4up && !is_mac) window.external.AddFavorite(thePage,document.title); else if (is_ie || document.images) booker_hp = window.open(thePage,'booker_','menubar,width=325,height=100,left=140,top=60'); //booker_hp.focus(); } //--> </script> <script type="text/javascript"> (function() { var po = document.createElement('script'); po.type = 'text/javascript'; po.async = true; po.src = 'https://apis.google.com/js/plusone.js'; 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/* WFB Leaderboard */ google_ad_slot = "7548094546"; google_ad_width = 728; google_ad_height = 90; //--> </script> <script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js"> </script> </td></tr> <tr height="3" align="left" valign="top" bgcolor="white" nowrap units="pixels"><td colspan="2" align="left" valign="top" height="3" width="972" nowrap bgcolor="white" nowrap> <img src="http://www.theodora.com/wfb2008/images/line1.gif"></td></tr> <tr><td colspan="2" align="middle" background="http://www.theodora.com/wfb2008/images/light_blue.gif" width="972"> <font size="-2"> <br></font> <font face="arial" size="5"><b>Jersey</b> Economy 2012</font> <br> <font size = "-2"> http://www.theodora.com/wfbcurrent/jersey/jersey_economy.html </font> <br> <font size="-2"><B>SOURCE: 2012 CIA WORLD FACTBOOK AND OTHER SOURCES</B></FONT></td></tr> <tr height="3" align="left" valign="top" bgcolor="white" nowrap units="pixels"> <td colspan="2" align="left" valign="top" height="3" width="972" nowrap bgcolor="white" nowrap> <img src="http://www.theodora.com/wfb2008/images/line13.gif"></td></tr></table> <table border="0" bgcolor="#FFCC99" cellspacing="0" cellpadding="0" width="972" align="left" valign="top" hspace="0" vspace="0" units="pixels"> <tr><td background="http://www.theodora.com/wfb2008/images/light_blue.gif" width="200" valign="top"> <font face="arial"> <br><br> <center> <script type="text/javascript"><!-- google_ad_client = "ca-pub-7437757543052749"; 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/* WFB Large Rectangle */ google_ad_slot = "8137512903"; google_ad_width = 336; google_ad_height = 280; //--> </script> <script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js"> </script> <br> Page last updated on February 23, <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#economy_overview">Economy - overview:</a></b><br> Jersey's economy is based on international financial services, agriculture, and tourism. In 2005 the finance 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. Milk products go to the UK and other EU countries. Tourism accounts for one-quarter of GDP. 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. Living standards come close to those of the UK. <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#GDP">GDP</a> (purchasing power parity):</b><br> $5.1 billion (2005 est.) <br><span style="padding-left:7px;">country comparison to the world: 161 <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_purchasing_power_parity_2012_0.html" target="_blank"><u>GDP country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#gdp_official_exchange_rate">GDP (official exchange rate):</a></b><br> $5.1 billion (2005 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_official_exchange_rate_2012_0.html" target="_blank"><u>GDP (official exchange rate) country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#gdp_real_growth_rate">GDP - real growth rate:</a></b><br> NA% <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_real_growth_rate_2012_0.html" target="_blank"><u>GDP - real growth rate country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#gdp_per_capita">GDP - per capita:</a></b><br> $57,000 (2005 est.) <br><span style="padding-left:7px;">country comparison to the world: 6 <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_per_capita_2012_0.html" target="_blank"><u>GDP - per capita country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#gdp_composition_by_sector">GDP - composition by sector:</a></b><br> <i>agriculture:</i> 1% <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_composition_by_sector_agriculture_2012_0.html" target="_blank"><u>GDP - composition by sector - agriculture country ranks</u></a> ] <br><i>industry:</i> 2% <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_composition_by_sector_industry_2012_0.html" target="_blank"><u>GDP - composition by sector - industry country ranks</u></a> ] <br><i>services:</i> 97% (2005) <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_composition_by_sector_services_2012_0.html" target="_blank"><u>GDP - composition by sector - services country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#labor_force">Labor force:</a></b><br> 53,560 (June 2006) <br><span style="padding-left:7px;">country comparison to the world: 187 <br>[see also: <a href="http://www.photius.com/rankings/economy/labor_force_2012_0.html" target="_blank"><u>Labor force country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#unemployment_rate">Unemployment rate:</a></b><br> 2.2% (2006 est.) <br><span style="padding-left:7px;">country comparison to the world: 18 <br>[see also: <a href="http://www.photius.com/rankings/economy/unemployment_rate_2012_0.html" target="_blank"><u>Unemployment rate country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#population_below_poverty_line">Population below poverty line:</a></b><br> NA% <br>[see also: <a href="http://www.photius.com/rankings/economy/population_below_poverty_line_2012_0.html" target="_blank"><u>Population below poverty line country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#household_income_or_consumption_by_percentage_share">Household income or consumption by percentage share:</a></b><br> <i>lowest 10%:</i> NA% <br>[see also: <a href="http://www.photius.com/rankings/economy/household_income_or_consumption_by_percentage_share_lowest_10pct_2012_0.html" target="_blank"><u>Household income or consumption by percentage share - lowest 10% country ranks</u></a> ] <br><i>highest 10%:</i> NA% <br>[see also: <a href="http://www.photius.com/rankings/economy/household_income_or_consumption_by_percentage_share_highest_10pct_2012_0.html" target="_blank"><u>Household income or consumption by percentage share - highest 10% country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#budget">Budget:</a></b><br> <i>revenues:</i> $829 million <br>[see also: <a href="http://www.photius.com/rankings/economy/budget_revenues_2012_0.html" target="_blank"><u>Budget revenues country ranks</u></a> ] <br><i>expenditures:</i> $851 million (2005) <br>[see also: <a href="http://www.photius.com/rankings/economy/budget_expenditures_2012_0.html" target="_blank"><u>Budget expenditures country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#taxes_and_other_revenues">Taxes and other revenues:</a></b><br> 16.3% of GDP (2005) <br><span style="padding-left:7px;">country comparison to the world: 180 <br>[see also: <a href="http://www.photius.com/rankings/economy/taxes_and_other_revenues_2012_0.html" target="_blank"><u>Taxes and other revenues country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#budget_surplus_or_deficit">Budget surplus (+) or deficit (-):</a></b><br> -0.4% of GDP (2005) <br><span style="padding-left:7px;">country comparison to the world: 48 <br>[see also: <a href="http://www.photius.com/rankings/economy/budget_surplus_or_deficit_2012_0.html" target="_blank"><u>Budget surplus (+) or deficit (-) country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#inflation_rate_consumer_prices">Inflation rate (consumer prices):</a></b><br> 3.7% (2006) <br><span style="padding-left:7px;">country comparison to the world: 83 <br>[see also: <a href="http://www.photius.com/rankings/economy/inflation_rate_2012_0.html" target="_blank"><u>Inflation rate (consumer prices) country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#market_value_of_publicly">Market value of publicly traded shares:</a></b><br> $NA <br>[see also: <a href="http://www.photius.com/rankings/economy/market_value_of_publicly_traded_shares_2012_0.html" target="_blank"><u>Market value of publicly traded shares country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#agriculture_products">Agriculture - products:</a></b><br> potatoes, cauliflower, tomatoes; beef, dairy products <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#industries">Industries:</a></b><br> tourism, banking and finance, dairy, electronics <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#industrial_production_growth_rate">Industrial production growth rate:</a></b><br> NA% <br>[see also: <a href="http://www.photius.com/rankings/economy/industrial_production_growth_rate_2012_0.html" target="_blank"><u>Industrial production growth rate country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#electricity_consumption">Electricity - consumption:</a></b><br> 630.1 million kWh (2004 est.) <br><span style="padding-left:7px;">country comparison to the world: 157 <br>[see also: <a href="http://www.photius.com/rankings/economy/electricity_consumption_2012_0.html" target="_blank"><u>Electricity - consumption country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#electricity_imports">Electricity - imports:</a></b><br> NA kWh; note - electricity supplied by France <br>[see also: <a href="http://www.photius.com/rankings/economy/electricity_imports_2012_0.html" target="_blank"><u>Electricity - imports country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#exports">Exports:</a></b><br> $NA <br>[see also: <a href="http://www.photius.com/rankings/economy/exports_2012_0.html" target="_blank"><u>Exports country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#exports_commodities">Exports - commodities:</a></b><br> light industrial and electrical goods, dairy cattle, foodstuffs, textiles, flowers <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#imports">Imports:</a></b><br> $NA <br>[see also: <a href="http://www.photius.com/rankings/economy/imports_2012_0.html" target="_blank"><u>Imports country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#imports_commodities">Imports - commodities:</a></b><br> machinery and transport equipment, manufactured goods, foodstuffs, mineral fuels, chemicals <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#debt_external">Debt - external:</a></b><br> $NA <br>[see also: <a href="http://www.photius.com/rankings/economy/debt_external_2012_0.html" target="_blank"><u>Debt - external country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#exchange_rates">Exchange rates:</a></b><br> Jersey pounds per US dollar <div class="category_data" style="padding-top: 3px;">0.6176 (2011) <div class="category_data" style="padding-top: 3px;">0.6468 (2010) <div class="category_data" style="padding-top: 3px;">0.6175 (2009) <div class="category_data" style="padding-top: 3px;">0.5302 (2008) <div class="category_data" style="padding-top: 3px;">0.4993 (2007) </font> <p> <p> <BR> <P> <font size = "-2"><B> NOTE: The information regarding Jersey on this page is re-published from the 2012 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Jersey Economy 2012 information contained here. All suggestions for corrections of any errors about Jersey Economy 2012 should be addressed to the CIA. </B></font> </P> <br> <hr> <a href="#" onClick="AddToFaves_hp()"><img src="http://www.theodora.com/images/bookmark_banner.gif" align="left" width="176" height="52" border="0"></a><font color=brown> - Please bookmark this page (add it to your favorites). <br> - If you wish to <b>link</b> to this page, you can do so by referring to the URL address below this line.</font> <hr> http://www.theodora.com/wfbcurrent/jersey/jersey_economy.html <br><br> This page was last modified 06-Mar-12 <br> Copyright &copy 1995-2012 <a href="http://www.theodora.com/ita.html">ITA</a> all rights reserved. <br> </td> <td width=200 valign="top" align="left" background="http://www.theodora.com/wfb2008/images/light_blue.gif"> <!-- SiteSearch Google --> <br> <form action="http://www.google.com/cse" id="cse-search-box"> <div> <input type="hidden" name="cx" value="partner-pub-7437757543052749:i8v5yg-obf2" /> <input type="hidden" name="ie" value="ISO-8859-1" /> <input type="text" name="q" size="26" /> <input type="submit" name="sa" value="Search" /> </div> </form> <script type="text/javascript" src="http://www.google.com/cse/brand?form=cse-search-box&lang=en"></script> <!-- End SiteSearch Google --> <font size="2" face="arial"> <b> <ul> <li><a href="http://www.theodora.com/wfb">|Main INDEX|</a> <li><a href="../index.html">2012 INDEX</a> <li><a href="http://www.photius.com/rankings/index.html">Country Ranks</a> <li><a href="http://www.theodora.com/wfb/wfb2000/definitions.html">DEFINITIONS</a> <br><br> <a href="index.html">Jersey Index 2012</a> <br><br> <a href="http://www.theodora.com/wfbcurrent/jersey/index.html">Jersey Main Index</a> <li><a href="jersey_introduction.html">Introduction</a> <li><a href="jersey_geography.html">Geography</a> <li>&nbsp;&nbsp;<a href="http://www.theodora.com/maps">Maps</a><br> <li><a href="jersey_people.html">People</a><br> </b> &nbsp;&nbsp;<a href="http://www.photius.com/religion">Religion</a> <b><li><a href="jersey_government.html">Government</a><br></B> &nbsp;&nbsp; Gov. 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