Economy
Agricultural products (Agriculture-products) [time series]
none
Budget [time series]
revenues: $111.6 million expenditures: $115.6 million, including capital expenditures of $NA (1995/96)
Exchange rates (Currency) [time series]
1 Gibraltar pound (£G) = 100 pence
Debt - external (Debt-external) [time series]
$NA
Economic aid [time series]
recipient: ODA, $NA
Economic overview (Economy-overview) [time series]
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 11% to the local economy. The financial sector accounts for 15% of GDP; tourism (more than 5 million visitors in 1995), shipping services fees, and duties on consumer goods also generate revenue. Because more than 70% of the economy is in the public sector, changes in government spending have a major impact on the level of employment.
Electricity - capacity (Electricity-capacity) [time series]
30,000 kW (1995)
Electricity - consumption per capita (Electricity-consumption per capita) [time series]
2,667 kWh (1995)
Electricity - production (Electricity-production) [time series]
85 million kWh (1995)
Exchange rates [time series]
Gibraltar pounds (£G) per US$1-0.6115 (January 1998), 0.6106 (1997), 0.6403 (1996), 0.6335 (1995), 0.6529 (1994), 0.6658 (1993); note - the Gibraltar pound is at par with the British pound
Exports [time series]
total value: $83.7 million (f.o.b., 1995) commodities: (principally reexports) petroleum 51%, manufactured goods 41%, other 8% partners: UK, Morocco, Portugal, Netherlands, Spain, US, FRG
Fiscal year [time series]
1 July-30 June Communications
Real GDP (purchasing power parity) (GDP) [time series]
purchasing power parity-$500 million (1997 est.)
GDP - composition, by sector of origin (GDP-composition by sector) [time series]
agriculture: NA% industry: NA% services: NA%
Real GDP per capita (GDP-per capita) [time series]
purchasing power parity-$17,500 (1997 est.)
Real GDP growth rate (GDP-real growth rate) [time series]
NA%
Imports [time series]
total value: $778 million (c.i.f., 1995) commodities: fuels, manufactured goods, and foodstuffs partners: UK, Spain, Japan, Netherlands
Industrial production growth rate [time series]
NA%
Industries [time series]
tourism, banking and finance, ship-building and repairing; support to large UK naval and air bases; tobacco, mineral waters, beer, canned fish
Inflation rate (consumer prices) (Inflation rate-consumer price index) [time series]
2.1% (1996)
Labor force [time series]
total: 14,800 (including non-Gibraltar laborers) by occupation: services 60%, industry 40%, agriculture NEGL
Broadcast media (Radio broadcast stations) [time series]
AM 1, FM 6, shortwave 0
Radios [time series]
NA
Telecommunication systems (Telephone system) [time series]
adequate, automatic domestic system and adequate international facilities domestic: automatic exchange facilities international: radiotelephone; microwave radio relay; satellite earth station-1 Intelsat (Atlantic Ocean)
Telephones - fixed lines (Telephones) [time series]
19,356 (1994)
Broadcast media (Television broadcast stations) [time series]
4
Televisions [time series]
NA
Unemployment rate [time series]
13.5% (1996)
Geography
total: 6.5 sq km land: 6.5 sq km water: 0 sq km
Area - comparative (Area-comparative) [time series]
about 11 times the size of The Mall in Washington, DC
Climate [time series]
Mediterranean with mild winters and warm summers
Coastline [time series]
12 km
Elevation (Elevation extremes) [time series]
lowest point: Mediterranean Sea 0 m highest point: Rock of Gibraltar 426 m
Environment - current issues (Environment-current issues) [time series]
limited natural freshwater resources, so large concrete or natural rock water catchments collect rain water
International environmental agreements (Environment-international agreements) [time series]
party to: NA signed, but not ratified: NA
Geographic coordinates [time series]
36 11 N, 5 22 W
Geography - note (Geography-note) [time series]
strategic location on Strait of Gibraltar that links the North Atlantic Ocean and Mediterranean Sea
Irrigated land [time series]
NA sq km
Land boundaries [time series]
total: 1.2 km border countries: Spain 1.2 km
Land use [time series]
arable land: NA% permanent crops: NA% permanent pastures: NA% forests and woodland: NA% other: 100% (1993 est.)
Location [time series]
Southwestern Europe, bordering the Strait of Gibraltar, which links the Mediterranean Sea and the North Atlantic Ocean, on the southern coast of Spain
Map references [time series]
Europe
Maritime claims [time series]
territorial sea: 3 nm
Natural hazards [time series]
NA
Natural resources [time series]
NEGL
Terrain [time series]
a narrow coastal lowland borders the Rock of Gibraltar
Government
Administrative divisions [time series]
none (dependent territory of the UK)
Constitution [time series]
30 May 1969
Country name [time series]
conventional long form: none conventional short form: Gibraltar
Data code [time series]
GI
Dependency status [time series]
dependent territory of the UK
Diplomatic representation from the US [time series]
none (dependent territory of the UK)
Diplomatic representation in the US [time series]
none (dependent territory of the UK)
Executive branch [time series]
chief of state: Queen ELIZABETH II of the UK (since 6 February 1952), represented by Governor Admiral Sir Richard LUCE (24 February 1997) head of government: Chief Minister Peter CARUANA (since 17 May 1996) cabinet: Council of Ministers appointed from among the elected members of the House of Assembly by the governor in consultation with the chief minister note: there is also a Gibraltar Council that advises the governor elections: none; the queen is a hereditary monarch; governor appointed by the queen; chief minister appointed by the governor
Flag (Flag description) [time series]
two horizontal bands of white (top, double width) and red with a three-towered red castle in the center of the white band; hanging from the castle gate is a gold key centered in the red band
Government type [time series]
NA
Independence [time series]
none (dependent territory of the UK)
International organization participation [time series]
Interpol (subbureau)
Judicial branch [time series]
Supreme Court; Court of Appeal
Legal system [time series]
English law
Legislative branch [time series]
unicameral House of Assembly (18 seats, 15 elected, the Speaker, and 2 ex officio; members are elected by popular vote to serve four-year terms) elections: last held 16 May 1996 (next to be held NA May 2000) election results: percent of vote by party-SD 53%, SL 42%, NP 3%; seats by party-SD 8, SL 7
Capital (National capital) [time series]
Gibraltar
National holiday [time series]
Commonwealth Day (second Monday of March)
Political parties (Political parties and leaders) [time series]
Gibraltar Socialist Labor Party or SL [Joe BOSSANO]; Gibraltar Labor Party/Association for the Advancement of Civil Rights or GCL/AACR [Adolfo CANEPA]; Gibraltar Social Democrats or SD [Peter CARUANA]; Gibraltar National Party or NP [Joe GARCIA]
Political parties (Political pressure groups and leaders) [time series]
Housewives Association; Chamber of Commerce; Gibraltar Representatives Organization
Suffrage [time series]
18 years of age; universal, plus other UK subjects resident six months or more
Military
Military and security forces (Military branches) [time series]
British Army, Royal Navy, Royal Air Force
Military - note (Military-note) [time series]
defense is the responsibility of the UK
People
Age structure [time series]
0-14 years: 20% (male 3,131; female 2,731) 15-64 years: 66% (male 10,835; female 8,262) 65 years and over: 14% (male 1,684; female 2,402) (July 1998 est.)
Birth rate [time series]
13.01 births/1,000 population (1998 est.)
Death rate [time series]
8.78 deaths/1,000 population (1998 est.)
Ethnic groups [time series]
Italian, English, Maltese, Portuguese, Spanish
Infant mortality rate [time series]
6.61 deaths/1,000 live births (1998 est.)
Languages [time series]
English (used in schools and for official purposes), Spanish, Italian, Portuguese, Russian
Life expectancy at birth [time series]
total population: 78.19 years male: 74.9 years female: 81.64 years (1998 est.)
Literacy [time series]
definition: NA total population: above 95% male: NA% female: NA%
Nationality [time series]
noun: Gibraltarian(s) adjective: Gibraltar
Net migration rate [time series]
0.1 migrant(s)/1,000 population (1998 est.)
Population [time series]
29,045 (July 1998 est.)
Population growth rate [time series]
0.43% (1998 est.)
Religions [time series]
Roman Catholic 74%, Protestant 11% (Church of England 8%, other 3%), Muslim 8%, Jewish 2%, none or other 5% (1981)
Sex ratio [time series]
at birth: 1.05 male(s)/female under 15 years: 1.15 male(s)/female 15-64 years: 1.31 male(s)/female 65 years and over: 0.7 male(s)/female (1998 est.)
Total fertility rate [time series]
2.19 children born/woman (1998 est.)
Transnational Issues
Disputes - international (Disputes-international) [time series]
source of friction between Spain and the UK GLORIOSO ISLANDS (possession of France)
Transportation
Airports [time series]
1 (1997 est.)
Airports - with paved runways (Airports-with paved runways) [time series]
total: 1 1,524 to 2,437 m: 1 (1997 est.)
Roadways (Highways) [time series]
total: 49.9 km (including 12.9 km public highways) paved: 49.9 km unpaved: 0 km
Merchant marine [time series]
total: 18 ships (1,000 GRT or over) totaling 360,880 GRT/627,429 DWT ships by type: bulk 1, cargo 1, chemical tanker 2, container 1, oil tanker 12, roll-on/roll-off cargo 1 (1997 est.)
Pipelines [time series]
0 km
Ports (Ports and harbors) [time series]
Gibraltar
Railways [time series]
total: NA km; 1.000-m gauge system in dockyard area only