Manufacturing, value added in Channel Islands
Channel Islands: Manufacturing, value added was -3.4% in 2023. ◆ Volatile
Manufacturing, value added in Channel Islands, 2017–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Channel Islands recorded -3.4% for manufacturing, value added in 2023.
The figure is down 1,714.8% on the previous year and up 40.7% over ten years.
Channel Islands ranks 172nd of 192 countries on this measure, in the bottom quarter.
Manufacturing, value added in Channel Islands, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2017 | -5.8% | — |
| 2018 | -0.2% | -96.6% |
| 2019 | 1.7% | -956.9% |
| 2020 | -4.7% | -378.2% |
| 2021 | 22.8% | -585.4% |
| 2022 | -0.2% | -100.8% |
| 2023 | -3.4% | +1714.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -1.4% | -5.8% | 1.7% | 3 |
| 2020s | 3.6% | -4.7% | 22.8% | 4 |
Countries ranked near Channel Islands
- 169 Luxembourg -3.2% compare
- 170 Romania -3.4% compare
- 171 Cayman Islands -3.4% compare
- 173 Iceland -3.5% compare
- 174 Mozambique -3.8% compare
- 175 Marshall Islands -4.3% compare
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 manufacturing, value added in Channel Islands?
- Manufacturing, value added in Channel Islands was -3.4% in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Channel Islands?
- The highest recorded value was 22.8% in 2021.
- What is the lowest manufacturing, value added recorded in Channel Islands?
- The lowest recorded value was -5.8% in 2017.
- How does Channel Islands rank for manufacturing, value added?
- Channel Islands ranks 172nd out of 192 countries with data for 2023.
- Is manufacturing, value added rising or falling in Channel Islands?
- Over the last ten years it is up 40.7%. The long-run trend across the full record is volatile.
- Where does this Channel Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.