A Profile of Gibraltar | Home |
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The following profile has been provided by the Chief Secretary to
the Government of Gibraltar.
Topography
Gibraltar is situated in latitude 36°7' North and longitude 5°2V
West at the eastern end of the strait which bears its name. The
Rock proper is a mass of Lower Jurassic limestone running roughly
north to south along the greater part of the peninsula which is
about 6.0 kilometres long and 1.2 kilometres across at its widest
point. The total area of the peninsula is approximately 5.8 square
kilometres.
The northern end of the peninsula is a flat, sandy isthmus by which
the Rock is connected to the Spanish mainland. The Gibraltar-Spain
frontier crosses the isthmus, which is extensively built-over on
the Gibraltar side but remains partly vegetated by gardens and
scrub on the Spanish side.
The northern and eastern faces of the Rock consists of steep cliffs.
The north face is an unbroken precipice but the eastern cliffs are
ascended to 290 metres above Catalan and Sandy Bays by an
accumulated sandbank. The top of the eastern face is an undulating
ridge about 3.9 kilometres long. Its highest point is near its
southern extremity where it reaches 426 metres above sea level.
The western slopes of the Rock are the least steep and the built-up
areas have arisen mainly on the lower parts of these. The upper
part of the western slopes remains largely uninhabited and most of
the densely vegetated areas are found here.
Demography
The present-day Gibraltarians have their origins in the eighteenth
century subsequent to the capture of Gibraltar by the English,
though it was not until the nineteenth century that the
Gibraltarian identity came to be recognised as such. The
Gibraltarians are a mixture of many bloods, nationalities and
cultures, mainly of Mediterranean origin all blending together to
produce an individual who cannot be identified by any single strand
in his evolution, but who is the sum of the total whole. The
earlier inhabitants were of Genoese, Maltese, Portuguese, Jewish,
British and, to a lesser extent, Spanish origin.
The total provisional estimates of the 2001 Census taken on
12 November 2001 revealed a population for 2002 as 28,231
of whom 22,875 were British Gibraltarian, 3,370 other British
and 1,986 non-British.
Law
Gibraltar law derives exclusively from English law. The hierarchy of
courts comprise the Supreme Court of Gibraltar, the Court of First
Instance of Gibraltar and the Magistrates Court, the last acting as
a juvenile Court dealing with offences by children and young
persons. Appeals from the Supreme Court lie with the Gibraltar
Court of Appeal and Privy Council.
Language and Education
The official language is English although Spanish is widely spoken.
Tuition is in English and English public examinations are taken.
Primary education is co-educational and firmly based on a division
between First Schools age group 4 to 8 and Middle Schools age group
8 to 12. The Comprehensive system operates for Secondary Education
which consists of two single-sex comprehensive schools. Two private
schools cater for Jewish girls and another for Jewish boys and a
third independent private school for children up to 12 years.
It is the Government's policy to provide scholarships for any young
person who has the ability and the necessary qualifications to
obtain a place at university. The vast majority of students attend
UK universities.
Economy
The economy is primarily service-based. It is largely dependent on
financial services, Tourism and Port and Port-related activities.
GDP per capita in 2000/2001 matched the UK average.
Employment
Gibraltar enjoys full employment. The total labour force is around
14,000, of which 10,500 work in the private sector. The Government
is a major employer, accounting for over 3,000 employees. The
Ministry of Defence base in Gibraltar, which was traditionally the
dominant sector of the economy up to the mid-1980s continues to
make a fairly significant contribution employing around 1,000
persons and accounting for between 6%>to 10%>of GDP.
Financial Services
Gibraltar is an attractive 'offshore' centre. The formation of the
Financial Service Commission in 1990 was one of the most important
factors in this development. The Commission is responsible for
supervising and authorising providers of financial services on
matters to do with banking, insurance, investment services,
investments funds, company management and professional trustships.
As at the 31 December 2002 there were 19 authorised banks in
Gibraltar. The majority of these are either subsidiaries or
branches of major UK or other European Economic Area (EEA) banks.
Ten of these banks are incorporated in Gibraltar and licensed by the
Commission. There are seven branches of EEA - authorised banks
operating in Gibraltar.
At 30 September 2002, the total assets of the banks amounted to
approximately £4.6 billion. Third-party funds under management by
the banks amounted to approximately £5.3 billion.
Currency
Gibraltar Government and United Kingdom sterling currency notes and coinage
are legal tender in Gibraltar.
Inflation
The rate of inflation was 1.71 in 2002.
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The main Consolidated Fund
expenditure items for the period April 2001 to March 2002 were as follows:
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Budget
Government revenue credited to the Consolidated Fund for the year
ended 31 March 2001 totalled £143.5m whereas expenditure amounted
to £114.3m.
The main sources of Consolidated Fund revenues were Income Tax
£61.6m, Import Duties £29.9m and General Rates which totalled £11.6m.
Expenditure of a capital nature is financed through the Improvement
and Development Fund. Improvement and Development Fund Revenue for
the year ended 31 March 2002 was £23.1m and the Improvement and
Development Fund expenditure was £14.06m.
Tourism
The tourist market to Gibraltar is largely based on short stay
breaks to Gibraltar, calls from cruise liners and yachts and, more
significantly, day trip tourism from visitors in Spain.
Passenger arrivals for the year 2002 were as follows:
Gibraltar is being expanded as a conference destination with several
hotels featuring conference facilities.
Port and Shipping
Gibraltar has been a maritime centre for well over 3,000 years. The
Port of Gibraltar is administered by the Gibraltar Port Authority.
It offers an impressive portfolio of maritime services tailored for
a modem shipping industry which includes: major bunkering
facilities, world class ship repair yard, modern facilities for
yachts, pleasure crafts and cruises, cargo handling facilities and
the supply of stores, provisions and bonded stores.
The Gibraltar Ship Registry operates under the Ministry of Tourism
and Transport. Ships registered in Gibraltar are British ships and
fly the Red Ensign. Gibraltar is in the European Union and the
Gibraltar Ship Register is an EU Member State's Register. EU
nationals and companies registered within the EU or other companies
registered in Gibraltar as a Foreign Maritime Entity can have ships
registered in Gibraltar both under ownership as well as bareboat
charter.
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