Gross value added at basic prices (GVA) in Channel Islands
Channel Islands: Gross value added at basic prices (GVA) was 12.51 billion current US$ in 2023. ▲ Rising
Gross value added at basic prices (GVA) in Channel Islands, 2016–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2023, gross value added at basic prices (gva) in Channel Islands stood at 12.51 billion current US$. That is the highest value across all 8 years on record.
The figure is up 10.6% on the previous year and up 36.2% over ten years.
Channel Islands ranks 148th of 207 countries on this measure, in the middle of the range.
Gross value added at basic prices (GVA) in Channel Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2016 | 9.18 billion current US$ | — |
| 2017 | 9.18 billion current US$ | +0.0% |
| 2018 | 10.04 billion current US$ | +9.3% |
| 2019 | 10.03 billion current US$ | -0.1% |
| 2020 | 9.44 billion current US$ | -5.9% |
| 2021 | 11.16 billion current US$ | +18.2% |
| 2022 | 11.31 billion current US$ | +1.3% |
| 2023 | 12.51 billion current US$ | +10.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.61 billion current US$ | 9.18 billion current US$ | 10.04 billion current US$ | 4 |
| 2020s | 11.10 billion current US$ | 9.44 billion current US$ | 12.51 billion current US$ | 4 |
Countries ranked near Channel Islands
- 145 Palestine, State of 13.13 billion current US$ compare
- 146 Tajikistan 13.08 billion current US$ compare
- 147 Equatorial Guinea 12.71 billion current US$ compare
- 149 Togo 12.25 billion current US$ compare
- 150 Monaco 11.13 billion current US$ compare
- 151 Mauritania 10.75 billion current US$ compare
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) 10.06 billion current LCU (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 12.51 billion current US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Channel Islands?
- The highest recorded value was 12.51 billion current US$ in 2023.
- What is the lowest gross value added at basic prices (gva) recorded in Channel Islands?
- The lowest recorded value was 9.18 billion current US$ in 2016.
- How does Channel Islands rank for gross value added at basic prices (gva)?
- Channel Islands ranks 148th 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 36.2%. 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 Gross value added at basic prices (GVA) (current US$). 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 indicator is expressed in United States dollars.