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TIME: Almanac 1990
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1990 Time Magazine Compact Almanac, The (1991)(Time).iso
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guernsey.4
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1991-04-08
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Economy
Overview: Tourism is a major source of revenue. Other economic
activity includes financial services, breeding the world-famous
Guernsey cattle, and growing tomatoes and flowers for export.
GDP: $NA, per capita $NA; real growth rate 9% (1987).
Inflation rate (consumer prices): 7% (1988).
Unemployment rate: NA%.
Budget: revenues $145.0 million; expenditures $117.2 million,
including capital expenditures of NA (1985).
Exports: $NA; commodities--tomatoes, flowers and ferns,
sweet peppers, eggplant, other vegetables; partners--UK
(regarded as internal trade).
Imports: $NA; commodities--coal, gasoline and oil; partners--UK
(regarded as internal trade).
External debt: $NA.
Industrial production: growth rate NA%.
Electricity: 173,000 kW capacity; 525 million kWh produced,
9,340 kWh per capita (1989).
Industries: tourism, banking.
Agriculture: tomatoes, flowers (mostly grown in greenhouses),
sweet peppers, eggplant, other vegetables and fruit; Guernsey
cattle.
Aid: none.
Currency: Guernsey pound (plural--pounds); 1 Guernsey (LG)
pound = 100 pence.
Exchange rates: Guernsey pounds (LG) per US$1--0.6055 (January
1990), 0.6099 (1989), 0.5614 (1988), 0.6102 (1987), 0.6817
(1986), 0.7714 (1985); note--the Guernsey pound is at par
with the British pound.
Fiscal year: calendar year.