GDP growth — all countries

GDP growth — Channel Islands

GDP growth in the Channel Islands in 2023 — 3.72%. Ranked 86 in the world out of 204. Since 2010, the indicator has risen by 7.32 pp.

2023 3.72% −1.63 pp vs 2022
World rank 86of 204
Period maximum 9.94%2021
Period minimum -8.9%2020

Trend over time

2010–2023 · % per year

GDP growth — Channel Islands, 2010–2023-10-50510201020122014201620182020202220232010: -3.61%2011: 1.13%2012: -5.75%2013: 0.49%2014: 2.43%2015: 0.37%2016: 1.21%2017: 1.81%2018: 1.12%2019: 1.57%2020: -8.9%2021: 9.94%2022: 5.34%2023: 3.72%
Change over the period: +7.32 pp Annual average: 0.56 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Channel Islands

Channel Islands 3.72%
World 2.86%
Northern Europe computed -0.08%
High-income countries computed 1.89%
GDP growth — Channel Islands, by year Channel Islands All countries CSV XLSX
Year % Change, pp
2023 3.72 −1.63 pp
2022 5.34 −4.59 pp
2021 9.94 +18.83 pp
2020 -8.9 −10.47 pp
2019 1.57 +0.45 pp
2018 1.12 −0.68 pp
2017 1.81 +0.59 pp
2016 1.21 +0.84 pp
2015 0.37 −2.05 pp
2014 2.43 +1.93 pp
2013 0.49 +6.25 pp
2012 -5.75 −6.88 pp
2011 1.13 +4.73 pp
2010 -3.61

About the indicator

The annual growth rate of gross domestic product in constant local currency prices. Because the calculation runs in constant prices, the indicator is clear of inflation and of exchange rate swings, so it shows the real movement of the economy. Two consecutive quarters of negative values are conventionally called a technical recession, but the data here are annual.

Source: World Development Indicators (World Bank), license CC BY 4.0.