Services share of GDP — all countries

Services share of GDP — Channel Islands

Services share of GDP in the Channel Islands in 2023 — 91.2%. Ranked 4 in the world out of 196. Since 2016, the indicator has fallen by 0.5 pp.

2023 91.2% +0.2 pp vs 2022
World rank 4of 196
Period maximum 91.7%2016
Period minimum 90.4%2021

Trend over time

2016–2023 · % of GDP

Services share of GDP — Channel Islands, 2016–20239090.59191.592201620172018201920202021202220232016: 91.7%2017: 91.3%2018: 91.4%2019: 91.3%2020: 91.7%2021: 90.4%2022: 91%2023: 91.2%
Change over the period: −0.5 pp Annual average: -0.07 pp

Comparison, 2023

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

Channel Islands 91.2%
World 63%
Northern Europe computed 67.6%
High-income countries computed 65.2%
Services share of GDP — Channel Islands, by year Channel Islands All countries CSV XLSX
Year % Change, pp
2023 91.2 +0.2 pp
2022 91 +0.6 pp
2021 90.4 −1.3 pp
2020 91.7 +0.4 pp
2019 91.3 −0.1 pp
2018 91.4 +0.1 pp
2017 91.3 −0.4 pp
2016 91.7

About the indicator

The share of value added by the service sector in GDP: wholesale and retail trade, transport, communications, finance, real estate, business and government services, education and health care. In most high-income countries it exceeds 70%; in small island states and tourism economies it reaches 80–90%.

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