Services, value added in Channel Islands
Channel Islands: Services, value added was 4.0% in 2023. ◆ Volatile
Services, value added in Channel Islands, 2017–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Channel Islands recorded 4.0% for services, value added in 2023.
That represents a change of down 33.2% on the previous year and up 167.3% over ten years.
Channel Islands ranks 80th of 197 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.4% | 1.0% | 1.8% | 3 |
| 2020s | 2.1% | -8.1% | 6.7% | 4 |
Countries ranked near Channel Islands
- 77 Saint Vincent and the Grenadines 4.1% compare
- 78 Antigua and Barbuda 4.0% compare
- 79 Lesotho 4.0% compare
- 81 Colombia 3.9% compare
- 82 Bulgaria 3.9% compare
- 83 Cayman Islands 3.9% compare
More economy & growth data for Channel Islands
- GDP 10.06 billion current LCU (2023)
- GDP per capita 60,007 current LCU (2023)
- GDP per capita 74,586 current US$ (2023)
- GDP 10.06 billion constant LCU (2023)
- GDP growth 3.7% (2023)
- GDP 11.71 billion constant 2015 US$ (2023)
- Gross value added at basic prices (GVA) 10.06 billion constant LCU (2023)
- Agriculture, forestry, and fishing, value added 60.26 million current LCU (2023)
- Gross value added at basic prices (GVA) 10.06 billion current LCU (2023)
- GDP per capita 69,818 constant 2015 US$ (2023)
Frequently asked questions
- What is services, value added in Channel Islands?
- Services, value added in Channel Islands was 4.0% in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Channel Islands?
- The highest recorded value was 6.7% in 2021.
- What is the lowest services, value added recorded in Channel Islands?
- The lowest recorded value was -8.1% in 2020.
- How does Channel Islands rank for services, value added?
- Channel Islands ranks 80th out of 197 countries with data for 2023.
- Is services, value added rising or falling in Channel Islands?
- Over the last ten years it is up 167.3%. The long-run trend across the full record is volatile.
- Where does this Channel Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.