Industry (including construction), value added in Channel Islands
Channel Islands: Industry (including construction), value added was 8.2% in 2023. ▲ Rising
Industry (including construction), value added in Channel Islands, 2016–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for industry (including construction), value added in Channel Islands is 8.2%, measured in 2023.
That represents a change of down 1.9% on the previous year and up 7.1% over ten years.
Channel Islands ranks 198th of 209 countries on this measure, in the bottom quarter.
Industry (including construction), value added in Channel Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2016 | 7.7% | — |
| 2017 | 8.0% | +4.5% |
| 2018 | 7.9% | -1.2% |
| 2019 | 7.9% | +0.1% |
| 2020 | 7.7% | -3.5% |
| 2021 | 8.9% | +15.8% |
| 2022 | 8.4% | -5.4% |
| 2023 | 8.2% | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.9% | 7.7% | 8.0% | 4 |
| 2020s | 8.3% | 7.7% | 8.9% | 4 |
Countries ranked near Channel Islands
- 195 Turks and Caicos Islands 9.3% compare
- 196 Maldives 9.3% compare
- 197 Luxembourg 8.9% compare
- 199 Cayman Islands 7.6% compare
- 200 Isle of Man 7.5% compare
- 201 Tuvalu 7.0%
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)
- GDP 11.71 billion constant 2015 US$ (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 8.2% 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 8.9% in 2021.
- What is the lowest industry (including construction), value added recorded in Channel Islands?
- The lowest recorded value was 7.7% in 2020.
- How does Channel Islands rank for industry (including construction), value added?
- Channel Islands ranks 198th 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 7.1%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.