Services, value added in Channel Islands
Channel Islands: Services, value added was 9.18 billion current LCU in 2023. ▲ Rising
Services, value added in Channel Islands, 2016–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2023, services, value added in Channel Islands stood at 9.18 billion current LCU. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 9.9% on the previous year and up 47.3% over ten years.
That places Channel Islands 173rd out of 205 countries with data for 2023, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.70 billion current LCU | 6.23 billion current LCU | 7.18 billion current LCU | 4 |
| 2020s | 7.90 billion current LCU | 6.75 billion current LCU | 9.18 billion current LCU | 4 |
Countries ranked near Channel Islands
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 9.18 billion current LCU 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 9.18 billion current LCU in 2023.
- What is the lowest services, value added recorded in Channel Islands?
- The lowest recorded value was 6.23 billion current LCU in 2016.
- How does Channel Islands rank for services, value added?
- Channel Islands ranks 173rd out of 205 countries with data for 2023.
- Is services, value added rising or falling in Channel Islands?
- Over the last ten years it is up 47.3%. 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 Services, value added (current LCU). Statizoid updates them automatically from the source API.
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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 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.