The 1998 CIA World Factbook

The 1998 CIA World Factbook

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Excerpt: ...emblem is used @Man, Isle of: Economy Economy-overview: Offshore banking, manufacturing, and tourism are key sectors of the economy. The government's policy of offering incentives to high-technology companies and financial institutions to locate on the island has paid off in expanding employment opportunities in high-income industries. As a result, agriculture and fishing, once the mainstays of the economy, have declined in their shares of GDP. Banking and other services now contribute more than half to GDP. Trade is mostly with the UK. The Isle of Man enjoys free access to EU markets. GDP: purchasing power parity-$780 million (1994 est.) GDP-real growth rate: NA% GDP-per capita: purchasing power parity-$10,800 (1994 est.) GDP-composition by sector: agriculture: NA% industry: NA% services: NA% Inflation rate-consumer price index: 2% (1996 est.) Labor force: total: 33,577 (1996) by occupation: manufacturing 11%, construction 10%, transport and communication 8%, retail distribution 9%, professional and scientific services 18%, public administration 6%, banking and finance 18% Unemployment rate: 2% (1996 est.) Budget: revenues: $333.7 million expenditures: $333.5 million, including capital expenditures of $NA (FY94/95 est.) Industries: financial services, light manufacturing, tourism Industrial production growth rate: NA% Electricity-capacity: NA kW Electricity-production: NA kWh Electricity-consumption per capita: NA kWh Agriculture-products: cereals, vegetables; cattle, sheep, pigs, poultry Exports: $NA commodities: tweeds, herring, processed shellfish, beef, lamb partners: UK Imports: $NA commodities: timber, fertilizers, fish partners: UK Debt-external: $NA Economic aid: recipient: ODA, $NA Currency: 1 Manx pound ( M) = 100 pence Exchange rates: Manx pounds ( M) per US$1-0.6115 (January 1998), 0.6106 (1997), 0.6403 (1996), 0.6335 (1995), 0.6529 (1994), 0.6658 (1993); the Manx pound is at par with the British pound Fiscal year: 1 April-31 March...
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Product details

  • Paperback | 662 pages
  • 189 x 246 x 34mm | 1,161g
  • United States
  • English
  • black & white illustrations
  • 1236709640
  • 9781236709646