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

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

Latest (2023)
10.06 billion current LCU
Change on year
up 9.7%
World rank
177th
of 206 countries
All-time high
10.06 billion current LCU
in 2023
All-time low
6.80 billion current LCU
in 2016
Years of data
8
2016–2023

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

02.5B5.0B7.5B10.0B2016201920232016: 6.8B current LCU2017: 7.1B current LCU2018: 7.5B current LCU2019: 7.9B current LCU2020: 7.4B current LCU2021: 8.1B current LCU2022: 9.2B current LCU2023: 10.1B current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

Channel Islands recorded 10.06 billion current 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 9.7% on the previous year and up 48.0% over ten years.

Channel Islands ranks 177th of 206 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.33 billion current LCU 6.80 billion current LCU 7.86 billion current LCU 4
2020s 8.68 billion current LCU 7.36 billion current LCU 10.06 billion current LCU 4

Countries ranked near Channel Islands

  1. 174 Solomon Islands 13.13 billion current LCU compare
  2. 175 Fiji 12.10 billion current LCU compare
  3. 176 Monaco 10.28 billion current LCU compare
  4. 178 Bermuda 8.86 billion current LCU compare
  5. 180 Liechtenstein 7.16 billion current LCU compare

See the full ranking of 206 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 current LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross value added at basic prices (gva) recorded in Channel Islands?
The highest recorded value was 10.06 billion current LCU in 2023.
What is the lowest gross value added at basic prices (gva) recorded in Channel Islands?
The lowest recorded value was 6.80 billion current LCU in 2016.
How does Channel Islands rank for gross value added at basic prices (gva)?
Channel Islands ranks 177th out of 206 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 48.0%. 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 Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 9,147 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.