Jersey's economy is based on international financial services, agriculture, and tourism. in 2005 the finance sector accounted for about 50% of the island's output. potatoes, cauliflower, tomatoes, and especially flowers are important export crops, shipped mostly to the uk. the jersey breed of dairy cattle is known worldwide and represents an important export income earner. milk products go to the uk and other eu countries. tourism accounts for one-quarter of gdp. 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. light taxes and death duties make the island a popular tax haven. living standards come close to those of the uk.
91,533 (july 2008 est.)
Western europe, island in the english channel, northwest of france
Total: 116 sq km land: 116 sq km water: 0 sq km
About two-thirds the size of washington, dc
Conventional long form: bailiwick of jersey conventional short form: jersey
Name: saint helier geographic coordinates: 49 11 n, 2 06 w time difference: utc 0 (5 hours ahead of washington, dc during standard time) daylight saving time: +1hr, begins last sunday in march; ends last sunday in october