General Information

Guernsey is one of the Channel Islands in the English Channel near the French coast, and is a self-governing British Crown dependency. It’s known for beach resorts like Cobo Bay and the scenery of its coastal cliffs. Castle Cornet, a 13th-century harbor fortification in the capital of St. Peter Port, now contains history and military museums. Hauteville House is the lavish former home of French writer, Victor Hugo.

Population

Guernsey has a population of 62,948 (July 2015 est.) distributed in 965/km2

Political Structure

The deliberative assembly of the States of Guernsey (États de Guernesey) is called the States of Deliberation (États de Délibération) and consists of 38 People’s Deputies, elected from multi- or single-member districts every four years. There are also two representatives from Alderney, a semi-autonomous dependency of the Bailiwick, but Sark sends no representative since it has its own legislature. The Bailiff or Deputy Bailiff preside in the assembly. There are also two non-voting members: H.M. Procurer (Attorney General) and H.M. Comptroller (Solicitor General), both appointed by the Crown and collectively known as the Law Officers of the Crown.

Infrastructure and Economy

Financial services, such as banking, fund management, and insurance, account for about 37% of GDP. Tourism, manufacturing, and horticulture, mainly tomatoes and cut flowers, especially freesias, have been declining. Light tax and death duties make Guernsey a popular offshore finance Centre for private equity funds. Guernsey does not have a Central Bank and it issues its own sterling coinage and banknotes. UK coinage and (English, Scottish and Northern Irish-faced) banknotes also circulate freely and interchangeably.

Language

The official languages is English

Currency

Guernsey Pound, Pound sterling (GGP, GBP)

Exchange Controls

Guernsey has no exchange controls.