Gross value added at basic prices (GVA) in Channel Islands

Channel Islands: Gross value added at basic prices (GVA) was 10.06 billion constant LCU in 2023. ▲ Rising

Latest (2023)
10.06 billion constant LCU
Change on year
up 3.7%
World rank
168th
of 197 countries
All-time high
10.06 billion constant LCU
in 2023
All-time low
8.38 billion constant LCU
in 2020
Years of data
8
2016–2023

Gross value added at basic prices (GVA) in Channel Islands, 2016–2023

02.5B5.0B7.5B10.0B2016201920232016: 8.8B constant LCU2017: 9.0B constant LCU2018: 9.1B constant LCU2019: 9.2B constant LCU2020: 8.4B constant LCU2021: 9.2B constant LCU2022: 9.7B constant LCU2023: 10.1B constant LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.

Analysis

Channel Islands recorded 10.06 billion constant LCU for gross value added at basic prices (gva) in 2023. That is the highest value across all 8 years on record.

That represents a change of up 3.7% on the previous year and up 14.2% over ten years.

That places Channel Islands 168th out of 197 countries with data for 2023, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.01 billion constant LCU 8.81 billion constant LCU 9.20 billion constant LCU 4
2020s 9.34 billion constant LCU 8.38 billion constant LCU 10.06 billion constant LCU 4

Countries ranked near Channel Islands

  1. 165 Fiji 10.69 billion constant LCU compare
  2. 166 Solomon Islands 10.41 billion constant LCU compare
  3. 167 Palestine 10.16 billion constant LCU compare
  4. 169 Tajikistan 10.00 billion constant LCU compare
  5. 170 Eritrea 7.16 billion constant LCU compare
  6. 171 Bermuda 6.82 billion constant LCU compare

See the full ranking of 197 places →

More economy & growth data for Channel Islands

All data for Channel Islands →

Frequently asked questions

What is gross value added at basic prices (gva) in Channel Islands?
Gross value added at basic prices (gva) in Channel Islands was 10.06 billion constant LCU in 2023, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in Channel Islands?
The highest recorded value was 10.06 billion constant LCU in 2023.
What is the lowest gross value added at basic prices (gva) recorded in Channel Islands?
The lowest recorded value was 8.38 billion constant LCU in 2020.
How does Channel Islands rank for gross value added at basic prices (gva)?
Channel Islands ranks 168th out of 197 countries with data for 2023.
Is gross value added at basic prices (gva) rising or falling in Channel Islands?
Over the last ten years it is up 14.2%. The long-run trend across the full record is rising.
Where does this Channel Islands data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
197 places, 8,338 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.