Economy of Jersey

Economy - overview:

The economy of Jersey is based largely on international financial services, agriculture, and tourism. Potatoes, cauliflower, tomatoes, and especially flowers are important export crops, shipped mostly to the United Kingdom. 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. In 1996 the finance sector accounted for about 60% of the island's output. Tourism accounts for 24% of GDP. In recent years, the government encouraged light industry to locate in Jersey, with the result that an electronics industry developed alongside the traditional manufacturing of knitwear. All raw material and energy requirements are imported, as well as a large share of Jersey's food needs. Preferential taxes and absence of death duties make the island a popular offshore finance centre.


GDP: purchasing power parity - $3,6 billion (2003 est.)

GDP - real growth rate: NA%

GDP - per capita: purchasing power parity - $40 000 (2003 est.)

GDP - composition by sector:
agriculture: 5%
industry: 2%
services: 93% (1996)

Population below poverty line: NA%

Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices):

* 5,3% (2004)
* 2.2% (2005)

Labour force: 52 790 (2004)

Unemployment rate: 0,9% (2004 est.)

Budget:
revenues: $601 million

* £441 million (2004)

expenditures:

* $588 million, including capital expenditures of $98 million (2000 est.)
* £460 million (2004)

Industries: tourism, banking and finance, dairy

Industrial production growth rate: NA%

Electricity - consumption: 630,1 GWh (2004 estimate)

Electricity - exports: 0 kWh (1998)

Electricity - imports: NA kWh; note - electricity supplied by France

Agriculture - products: potatoes (especially Jersey Royal potatoes, cauliflower, tomatoes; beef, dairy products

Until the 19th century, cider was the largest agricultural export with up to a quarter of the agricultural land given over to orchards. In 1839, for example, 268,199 gallons of cider were exported from Jersey to England alone,[1] but by 1870 exports from Jersey had slumped to 4,632 gallons[2]. Beer had replaced cider as a fashionable drink in the main export markets, and even the home market had switched to beer as the population became more urban. Potatoes overtook cider as the most important crop in Jersey in the 1840s. Small-scale cider production on farms for domestic consumption, particularly by seasonal workers from Brittany and mainland Normandy, was maintained, but by the mid-20th century production dwindled until only 8 farms were producing cider for their own consumption in 1983[3]. The number of orchards had been reduced to such a level that the destruction of trees in the Great Storm of 1987 demonstrated how close the Islands had come to losing many of its traditional cider apple varieties. A concerted effort was made to identify and preserve surviving varieties and new orchards were planted. As part of diversification, farmers have moved into commercial cider production, and the cider tradition is celebrated and marketed as a heritage experience.

Exports: $NA

Exports - commodities: light industrial and electrical goods, foodstuffs, textiles

Exports - partners: UK

Imports: $NA

Imports - commodities: machinery and transport equipment, manufactured goods, foodstuffs, mineral fuels, chemicals

Imports - partners: UK

Debt - external: none

Economic aid - recipient: none

Currency: British pound (GBP). Also the Jersey pound (= 100 pence)

Exchange rates: Jersey pounds per US dollar - 0,55 (2005), 0.6981 (January 2002), 0.6944 (2001), 0.6596 (2000), 0.6180 (1999), 0.6037 (1998), 0.6106 (1997); the Jersey pound is at par with the British pound

Fiscal year: 1 January - 31 December

__________________
..ich habe mir angewöhnt, dass ich jeden Tag in den Garten schau und eine Blume hinrichte..." (Edmund Stoiber, Bayrischer Ministerpräsident)

heute schon gemichelt? michelforum.ca

BPB Forum/BPB Home/BPB.Org/BPBDirectory/BPB.Biz/BPB.Info/BPB.Net/Tags/Sitemap

Staatsangehörigkeiten, Pässe & Titel:
Staatsangehörigkeiten, Reisepässe, Diplomatenpässe, Namensänderungen, Künstlernamen, Ausweise, Doktortitel, Professortitel, Ehrentitel, Diplome, Zeugnisse, Berufsbezeichnungen, Titelführung, Adelstitel, Feudaltitel, Ritterorden, Familienwappen, Geistliche Ordensgemeinschaften, Dubiose Promotionsberatungen, Titelvermittlung, Ghostwriter, Prof.-Titel und Doktortitel kaufen, Gesetze, Urteile und Beschlüsse zur Titelführung, zu Pässen, Ausweisen und Passeinträgen

Hochschulen, Studium, Studiengänge, akademische Weiterbildungen & akademische Berufe:
Informationen, Gesetze, KMK-Beschlüsse, Rahmenordnungen, Vereinbarungen & Vorschriften, Universitäten, Hochschulen, Fachhochschulen in Deutschland, Hochschulliste, Promotionsforum, legale Promotionsberatung, promovieren, anerkannte Promotionen und Habilitationen, Studium, Studiengänge in Deutschland, Österreich, Schweiz, Präsenz-, Online- und Fernstudium, Auslandsstudium aller Art, studieren im Ausland, Praktika, Hilfen, Wissenswertes, Accreditation matters, Recognition of foreign Universities, Credential Evaluation Services, Tipps und allgemeine Diskussionen zur Hochschulbildung und akademischen Berufen

Berufliche Aus- und Weiterbildungen, Fortbildungsprüfungen, Berufe (auch international):
Gesetze, Richtlinien, Rahmenordnungen, Prüfungsordnungen & sonstige Vorschriften, Ingenieur-, Techniker- und Meisterkurse und -Abschlüsse, auch international, Abschlüsse, Kurse und Adressen der Kammern, IHK, HWK, LWK, IngK, ArchK, Sonstige staatliche Prüfungen, anerkannte Abschlüsse und Zusatzqualifizierungen, Tipps zur beruflichen Bildung & freie Diskussionen zu Berufen und beruflichen Weiterbildungen, Fernkurse und Onlinekurse mit ZFU-Zulassung und reine Selbststudienkurse, Seminare, Schulungen, Workshops, Coaching & Supervision

Tags: Diplomat, Diplomat werden, Diplomatenpässe, Diplomatenausweis, Diplomatenausbildung, Diplomatenstatus, Diplomatische Immunität, Camouflage-Pass, Reisepass, Reisepässe, Personalausweis, Personalausweise, Namensänderung, Künstlername, neue Identität, Visum, Elektronischer Dienstausweis, Führerscheine
Tags: Doktor, Doktortitel, Ehrendoktortitel, kirchliche Doktortitel, Doktor honoris causa, Dr Titel, Dr Titel kaufen, Dr. h.c., Titelführung, Titelführung Doktortitel, Doktortitel Passeintrag, Professortitel, Professortitel kaufen, Ehrenprofessortitel, Professor honoris causa, Prof Titel, Prof Titel kaufen, Prof. h.c., Diplom kaufen, Abschlusszeugnis kaufen, Abiturzeugnis, Meisterbrief kaufen, Gesellenbrief kaufen, Berufsbezeichnungen, Berufszertifikate, Ghostwriting
Tags: Adelsnamen, Adelsprädikate, Adelstitel, Adelstitel Adoption, Adelstitel Heirat, Adelstitel kaufen, Feudaltitel, Feudaltitel kaufen, Familienwappen, Ritterorden, Ordensritter