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Gibraltar – Important Facts

The economy of Gibraltar consists largely of the services sector. While being part of the European Union, the British overseas territory of Gibraltar has a separate legal jurisdiction from the United Kingdom and enjoys a different tax system. The role of the UK Ministry of Defence, which at one time was Gibraltar’s main source of income, has declined, with today’s economy mainly based on shipping, tourism, financial services, and the Internet.

Important Details

  • Country ISO3:GIB
  • Country Code:292
  • Income Group:Europe & Central Asia
  • Lending Category:High income
  • Region:Not Available
  • Currency Unit:Gibraltar pound (GIP)
  • WTO Member:NO
  • Trade organisations:EU, OECD and WTO
  • world rank:Not available
  • Regional Ranking:Not available