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
Gross value added at basic prices (GVA) in Channel Islands, 2016–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2023, gross value added at basic prices (gva) in Channel Islands stood at 10.06 billion current LCU. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 9.7% on the previous year and up 48.0% over ten years.
That places Channel Islands 177th out of 207 countries with data for 2023, putting it in the bottom quarter.
Gross value added at basic prices (GVA) in Channel Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2016 | 6.80 billion current LCU | — |
| 2017 | 7.14 billion current LCU | +4.9% |
| 2018 | 7.53 billion current LCU | +5.5% |
| 2019 | 7.86 billion current LCU | +4.4% |
| 2020 | 7.36 billion current LCU | -6.3% |
| 2021 | 8.11 billion current LCU | +10.2% |
| 2022 | 9.17 billion current LCU | +13.1% |
| 2023 | 10.06 billion current LCU | +9.7% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Channel Islands
- Gross value added at basic prices (GVA) 10.06 billion constant LCU (2023)
- GDP per capita growth 3.4% (2023)
- GDP 10.06 billion constant LCU (2023)
- GDP 10.06 billion current LCU (2023)
- GDP growth 3.7% (2023)
- GDP 11.71 billion constant 2015 US$ (2023)
- Gross value added at basic prices (GVA) 12.51 billion current US$ (2023)
- Inflation, GDP deflator 5.8% (2023)
- GDP deflator 100 base year varies by country (2023)
- GDP per capita 60,007 current LCU (2023)
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 207 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
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.