Gibraltar - Economy
How is the economy of Gibraltar? Based on the information we have, Gibraltar has a British territorial high-income economy; Brexit caused significant economic disruption to longstanding financial services, shipping, and tourism industries; ongoing negotiations to rejoin EU Schengen Area; independent taxation authority. Key agricultural products in this country include: none.
More about the economy of Gibraltar
| Labor force | |
|---|---|
| Industrial production growth rate | |
| Industries | tourism, banking and finance, ship repairing, tobacco |
| Population below poverty line | |
| Taxes and other revenues | |
| Fiscal year | |
| Exchange rates | |
| Currency | Gibraltar pounds (GIP) per US dollar - |
| Exchange rates 2024 | 0.782 (2024 est.) |
| Exchange rates 2023 | 0.805 (2023 est.) |
| Exchange rates 2022 | 0.811 (2022 est.) |
| Exchange rates 2021 | 0.727 (2021 est.) |
| Exchange rates 2020 | 0.78 (2020 est.) |
| Budget surplus (+) or deficit (-) | |
| Imports (partners) | Italy 26%, Greece 12%, Spain 10%, Netherlands 9%, India 9% (2023) |
| Comodities Imports force | refined petroleum, crude petroleum, coal tar oil, natural gas, ships (2023) |
| Exports (partners) | Netherlands 38%, France 26%, Cyprus 7%, Poland 7%, Sweden 6% (2023) |
| Comodities Exports force | refined petroleum, natural gas, ships, cars, scrap iron (2023) |
| GDP (official exchange rate) | $2.044 billion (2014 est.) |
All Important Facts about Gibraltar
Want to know more about Gibraltar? Check all different factbooks for Gibraltar below.
