JERSEY
Location:
Jersey is located in the English Channel, 27 kilometres from France. Its total area is
117 square kilometres.
Population:
86,048 (July, 1994 estimate)
Languages:
English (official), French (official), Norman-French dialect spoken in country districts
Government:
Jersey is a British crown dependency.
Legal System:
Jersey's legal system is based on English law and local statutes.
Telecommunications:
There are three submarine cables.
Economy:
The economy is based largely on 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 earner. Milk products go to the United Kingdom and
other EU countries. In 1986, the finance sector overtook tourism as the main
contributor to GDP, accounting for 40% of the island's output. In recent years, the
government has encouraged light industry to locate in Jersey, with the result that an
electronics industry has 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.
Industries:
Jersey's main industries are tourism, banking/finance and dairy products.
Currency:
1 Jersey pound (£J) = 100 pence
Exchange Rates:
Jersey pounds (£J) per US$1 - 0.6699 (January, 1994)
The Jersey pound is at par with the British pound
Related sites:
Jersey Hotels And Tourism
To the Offshore World home page.
To the Offshore Financial Centres page.