Gibraltar is a British Overseas Territory located on the southern coast of Spain, at the entrance of the Mediterranean Sea. It is a small, rocky peninsula with an area of just over 6 square kilometers and a population of around 34,000 people. The official language is English, and the currency is the Gibraltar pound, which is pegged to the British pound.
Gibraltar has a long history of strategic importance due to its location at the entrance of the Mediterranean Sea. It has been controlled by various powers throughout history, including the Phoenicians, the Moors, and the British. The territory was ceded to the British by Spain in 1713 under the Treaty of Utrecht.
Gibraltar has a stable economy with low unemployment and a high standard of living. The economy is based on services, particularly financial services and tourism. The territory also has a significant port and ship-repairing industry, and it is a popular destination for cruise ships.
Gibraltar has a unique political status as a British Overseas Territory. The territory has a high degree of autonomy, with its own government and parliament, but the British government is responsible for its defense and foreign affairs. The territory is not a member of the European Union, but it has a special relationship with the EU through its association with the United Kingdom.
Tourism is a significant sector of the economy in Gibraltar, with around 10 million visitors each year. The territory's location at the entrance of the Mediterranean Sea, its mild climate, and its rich history and culture make it a popular destination for tourists.
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