Channel Islands GDP per Capita
GDP divided by midyear population NY.GDP.PCAP.CD
Channel Islands's gdp per capita was $74,586 in 2023, ranked 13th globally. This represents a 10.3% increase from 2022. Data from World Bank, covering 1998–2023.
Overview
Channel Islands's gdp per capita stood at $74,586 in 2023, a rise of +$6,958 from 2022. Channel Islands ranked 13th globally.
The Channel Islands have experienced a significant increase in GDP per capita over the past 25 years, with the latest value standing at 74,585.52, ranking 13th globally. This growth is evident in the all-time peak value of 74,585.52 achieved in 2023, a far cry from the all-time trough of 40,472.67 in 1998. In comparison, the Faroe Islands, a peer country, also boasts a high GDP per capita of 72,465.38, indicating that the Channel Islands are part of a select group of high-income economies. The Channel Islands' GDP per capita has been steadily increasing, with no notable dips in recent years. This upward trend is likely to continue, driven by the island's strong financial sector and favorable business environment. However, a significant shift in global economic policies or a decline in the global financial markets could potentially alter the trajectory of the Channel Islands' GDP per capita growth.
Data & projection
| Year | GDP per Capita | YoY change | Rank |
|---|---|---|---|
| 2023 | $74,586 | +$6,958 | #13 |
| 2022 | $67,627 | +$712 | #15 |
| 2021 | $66,915 | +$10,129 | #16 |
| 2020 | $56,786 | −$3,779 | #15 |
| 2019 | $60,565 | −$220 | #16 |
| 2018 | $60,785 | +$4,978 | #17 |
| 2017 | $55,806 | −$141 | #17 |
| 2016 | $55,948 | −$5,900 | #16 |
| 2015 | $61,848 | −$2,850 | #12 |
| 2014 | $64,698 | +$5,389 | #11 |
| 2013 | $59,308 | +$499 | #14 |
| 2012 | $58,810 | −$1,606 | #12 |
| 2011 | $60,415 | +$4,292 | #13 |
| 2010 | $56,123 | −$1,655 | #12 |
| 2009 | $57,779 | −$16,361 | #12 |
Analysis
Channel Islands's gdp per capita was $74,586 in 2023, a rise of +$6,958 from 2022.
Frequently Asked Questions
Channel Islands's gdp per capita was $74,586 in 2023. Ranked 13th globally. This represents a 10.3% increase from the previous year.
Channel Islands's gdp per capita peaked at $74,586 in 2023.
The lowest gdp per capita in Channel Islands was $40,473 in 1998.
Channel Islands ranks 13th globally in gdp per capita as of 2023.
The World Bank indicator code is NY.GDP.PCAP.CD. Data sourced from World Bank.
The gdp per capita of Channel Islands in 2023 was $74,586. This ranks 13th in the world.
Cite this page
@misc{historysaid_channel-islands_gdp-per-capita,
title = {Channel Islands GDP per Capita},
url = {https://historysaid.com/channel-islands/gdp-per-capita/},
publisher = {HistorySaid},
year = {2026}
}