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Gibraltar

Last updated: 2026-03-28 (today)

Industries

tourism, banking and finance, ship repairing, tobacco

Exchange rates

Currency

Gibraltar pounds (GIP) per US dollar -

Exchange rates 2020

0.78 (2020 est.)

Exchange rates 2021

0.727 (2021 est.)

Exchange rates 2022

0.811 (2022 est.)

Exchange rates 2023

0.805 (2023 est.)

Exchange rates 2024

0.782 (2024 est.)

Economic overview

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

Exports - partners

Netherlands 38%, France 26%, Cyprus 7%, Poland 7%, Sweden 6% (2023)

note: top five export partners based on percentage share of exports

Imports - partners

Italy 26%, Greece 12%, Spain 10%, Netherlands 9%, India 9% (2023)

note: top five import partners based on percentage share of imports

Agricultural products

none

Exports - commodities

refined petroleum, natural gas, ships, cars, scrap iron (2023)

note: top five export commodities based on value in dollars

Imports - commodities

refined petroleum, crude petroleum, coal tar oil, natural gas, ships (2023)

note: top five import commodities based on value in dollars

GDP (official exchange rate)

$2.044 billion (2014 est.)