Guernsey is an island located in the English Channel off the coast of Normandy, France. It is a self-governing British Crown dependency and is known for its low taxes and strong economy. According to the World Bank, Guernsey has a GDP of $3.3 billion in 2019, with a GDP per capita of $87,845. This makes it one of the wealthiest countries in the world. The unemployment rate in Guernsey is low, at just 1.2%, and the inflation rate is also low, at 1.2%. The government of Guernsey has a strong focus on economic growth and development, and has implemented a number of initiatives to promote business and investment. The island is home to a number of financial services companies, and the banking sector is well-developed. Guernsey also has a thriving tourism industry, with over 1.2 million visitors in 2019. The island is known for its beautiful beaches, stunning scenery, and vibrant culture. Overall, Guernsey is a great place to live and work, with a strong economy and low taxes.