Services, value added in Channel Islands

Channel Islands: Services, value added was 11.40 billion current US$ in 2023. ▲ Rising

Latest (2023)
11.40 billion current US$
Change on year
up 10.9%
World rank
125th
of 205 countries
All-time high
11.40 billion current US$
in 2023
All-time low
8.37 billion current US$
in 2017
Years of data
8
2016–2023

Services, value added in Channel Islands, 2016–2023

02.5B5.0B7.5B10.0B12.5B2016201920232016: 8.4B current US$2017: 8.4B current US$2018: 9.2B current US$2019: 9.2B current US$2020: 8.7B current US$2021: 10.1B current US$2022: 10.3B current US$2023: 11.4B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

The most recent figure for services, value added in Channel Islands is 11.40 billion current US$, measured in 2023. That is the highest value across all 8 years on record.

That represents a change of up 10.9% on the previous year and up 35.6% over ten years.

Channel Islands ranks 125th of 205 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 8.78 billion current US$ 8.37 billion current US$ 9.17 billion current US$ 4
2020s 10.11 billion current US$ 8.66 billion current US$ 11.40 billion current US$ 4

Countries ranked near Channel Islands

  1. 122 Bahamas 12.22 billion current US$ compare
  2. 123 Kyrgyzstan 11.58 billion current US$ compare
  3. 124 Burkina Faso 11.47 billion current US$ compare
  4. 126 Mongolia 11.25 billion current US$ compare
  5. 127 Mali 10.99 billion current US$ compare
  6. 128 North Macedonia 10.88 billion current US$ compare

See the full ranking of 252 places →

More economy & growth data for Channel Islands

All data for Channel Islands →

Frequently asked questions

What is services, value added in Channel Islands?
Services, value added in Channel Islands was 11.40 billion current US$ 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 11.40 billion current US$ in 2023.
What is the lowest services, value added recorded in Channel Islands?
The lowest recorded value was 8.37 billion current US$ in 2017.
How does Channel Islands rank for services, value added?
Channel Islands ranks 125th 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 35.6%. 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 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Services, value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 10,748 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.