Industry (including construction), value added in Channel Islands
Channel Islands: Industry (including construction), value added was 1.03 billion current US$ in 2023. ▲ Rising
Industry (including construction), value added in Channel Islands, 2016–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2023, industry (including construction), value added in Channel Islands stood at 1.03 billion current US$. That is the highest value across all 8 years on record.
That represents a change of up 8.5% on the previous year and up 46.1% over ten years.
Channel Islands ranks 163rd of 209 countries on this measure, in the bottom quarter.
Industry (including construction), value added in Channel Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2016 | 703.78 million current US$ | — |
| 2017 | 735.38 million current US$ | +4.5% |
| 2018 | 794.46 million current US$ | +8.0% |
| 2019 | 795.62 million current US$ | +0.1% |
| 2020 | 722.53 million current US$ | -9.2% |
| 2021 | 989.05 million current US$ | +36.9% |
| 2022 | 947.98 million current US$ | -4.2% |
| 2023 | 1.03 billion current US$ | +8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 757.31 million current US$ | 703.78 million current US$ | 795.62 million current US$ | 4 |
| 2020s | 921.93 million current US$ | 722.53 million current US$ | 1.03 billion current US$ | 4 |
Countries ranked near Channel Islands
More economy & growth data for Channel Islands
- GDP 10.06 billion constant LCU (2023)
- GNI per capita 35,040 current LCU (2007)
- GDP per capita 60,006 constant LCU (2023)
- GDP per capita 69,818 constant 2015 US$ (2023)
- GNI 10.89 billion current US$ (2007)
- GDP per capita 60,007 current LCU (2023)
- GDP per capita growth 3.4% (2023)
- Gross value added at basic prices (GVA) 10.06 billion constant LCU (2023)
- Gross value added at basic prices (GVA) 10.06 billion current LCU (2023)
- GDP per capita 74,586 current US$ (2023)
Frequently asked questions
- What is industry (including construction), value added in Channel Islands?
- Industry (including construction), value added in Channel Islands was 1.03 billion current US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Channel Islands?
- The highest recorded value was 1.03 billion current US$ in 2023.
- What is the lowest industry (including construction), value added recorded in Channel Islands?
- The lowest recorded value was 703.78 million current US$ in 2016.
- How does Channel Islands rank for industry (including construction), value added?
- Channel Islands ranks 163rd out of 209 countries with data for 2023.
- Is industry (including construction), value added rising or falling in Channel Islands?
- Over the last ten years it is up 46.1%. 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 Industry (including construction), value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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.