Channel Islands GDP from Services

Services value added as a share of GDP.

GDP from Services in Channel Islands increased to 91.18 percent of GDP in 2023 from 90.97 percent of GDP in 2022.

91.2%
▲ +0.2 pp2023 · previous 91.0%Annual · percent of GDP · Source: World Bank — World Development Indicators

Channel Islands GDP from Services — History

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Channel Islands GDP from Services — analysis in simple words

Latest reading

GDP from Services in Channel Islands increased to 91.18 percent of GDP in 2023 from 90.97 percent of GDP in 2022.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2022) it was 91.0%, so the latest figure is 0.2 percentage points higher.

Over the past five years the average was 91.1%, with a range from 90.4% to 91.7%. The latest value is above that five-year average.

Historical context

This data series starts in 2016 and has 8 annual observations. The latest reading is higher than 25% of all of them.

The highest value on record is 91.7% (2016) and the lowest is 90.4% (2021). The long-run average is 91.3%.

Compared with other countries

Among 202 economies with recent data, Channel Islands ranks 5th from the top. The median across all these economies is 57.7%, so Channel Islands is above the typical country.

Within Europe & Central Asia (57 economies with data) it ranks 2nd; the regional median is 61.5%.

Statistics

Latest
91.2%2023
Previous
91.0%
5-year average
91.1%
Long-run average
91.3%since 2016
All-time high
91.7%2016
All-time low
90.4%2021
Observations
8Annual

Recent Data

PeriodValueChange
202391.2%▲ +0.2 pp
202291.0%▲ +0.6 pp
202190.4%▼ −1.3 pp
202091.7%▲ +0.4 pp
201991.3%▼ −0.1 pp
201891.4%▲ +0.1 pp
201791.3%▼ −0.4 pp
201691.7%

GDP from Services — Channel Islands vs Peers

Latest available reading for each economy (periods may differ). Channel Islands highlighted.

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More Channel Islands indicators

Understanding GDP from Services — a simple guide

What it measures

Services value added as a share of GDP.

How it is calculated

Value added by services (trade, transport, finance, IT, health, education, government) ÷ GDP × 100.

Simple example

A share of 55% means more than half the economy is services.

▲ When it is high or rising

Service-heavy economies tend to be less cyclical.

▼ When it is low or falling

A lower share means agriculture or industry plays a bigger role.

Why it matters for the economy and markets

Services dominate most advanced economies and a growing share of emerging ones.

How to read it

Services tend to be less cyclical than industry and more dependent on domestic demand.

Data source

World Bank — World Development Indicators (series NV.SRV.TOTL.ZS), annual data from 2016 to 2023. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current gdp from services of Channel Islands?
Channel Islands gdp from services was 91.2% in 2023, compared with 91.0% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest gdp from services of Channel Islands?
Since 2016, the highest reading was 91.7% (2016) and the lowest was 90.4% (2021).
What does gdp from services measure?
Services value added as a share of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.