Agriculture > products
none |
|
Budget > Expenditures
|
$423,600,000.00 |
|
[149th of 165]
|
|
Definition: Economy > Budget > Expenditures |
|
Budget > Revenues
|
$455,100,000.00 |
|
[146th of 166]
|
|
Definition: Economy > Budget > Revenues |
Economy > Overview
Self-sufficient Gibraltar benefits from an extensive shipping trade, offshore banking, and its position as an international conference center. The British military presence has been sharply reduced and now contributes about 7% to the local economy, compared with 60% in 1984. The financial sector, tourism (almost 5 million visitors in 1998), shipping services fees, and duties on consumer goods also generate revenue. The financial sector, the shipping sector, and tourism each contribute 25%-30% of GDP. Telecommunications accounts for another 10%. In recent years, Gibraltar has seen major structural change from a public to a private sector economy, but changes in government spending still have a major impact on the level of employment. |
|
Definition: Economy > Economy > Overview |
Exchange rates
Gibraltar pounds per US dollar - 0.5462 (2004), 0.6125 (2003), 0.6672 (2002), 0.6947 (2001), 0.6609 (2000) |
|
Definition: Economy > Exchange rates |
|
Exports
|
$271,000,000.00 |
|
[24th of 189]
|
|
Definition: Economy > Exports |
Exports > Commodities
(principally reexports) petroleum 51%, manufactured goods 41%, other 8% |
|
Definition: Economy > Exports > Commodities |
Exports > Partners
UK 30.8%, Spain 22.7%, Germany 13.7%, Turkmenistan 10.4%, Switzerland 8.3%, Italy 6.7% |
|
Definition: Economy > Exports > Partners |
|
Exports to US
|
$200,000.00 |
|
[197th of 224]
|
|
Definition: Economy > Exports to US |
|
Fiscal year
|
1 July - 30 June |
|
|
|
Definition: Economy > Fiscal year |
|
GDP
|
$500,000,000.00 |
|
[169th of 203]
|
|
Definition: Economy > GDP |
|
GDP (official exchange rate)
|
$1,066,000,000.00 |
|
[165th of 192]
|
|
Definition: Economy > GDP (official exchange rate) |
|
GDP (purchasing power parity)
|
$1,066,000,000.00 |
|
[176th of 187]
|
|
Definition: Economy > GDP (purchasing power parity) |
|
GDP > Real growth rate
|
7% |
|
[39th of 198]
|
|
Definition: Economy > GDP > Real growth rate |
|
Imports
|
$2,967,000,000.00 |
|
[8th of 185]
|
|
Definition: Economy > Imports |
Imports > Commodities
fuels, manufactured goods, and foodstuffs |
|
Definition: Economy > Imports > Commodities |
|
Imports from US
|
$10,000,000.00 |
|
[141st of 224]
|
|
Definition: Economy > Imports from US |
|
Inflation rate (consumer prices)
|
2.9% |
|
[124th of 192]
|
|
Definition: Economy > Inflation rate (consumer prices) |
|
Public debt
|
15.7 % of GDP |
|
[102nd of 121]
|
|
Definition: Economy > Public debt |
|
Trade balance with US
|
$9,800,000.00 |
|
[50th of 224]
|
|
Definition: Economy > Trade balance with US |
del.icio.us
Feeds |
Contact