Measuring Jersey's Economy - GVA and GNI 2007
The States of Jersey Statistics Unit has released the GVA and GNI report for 2007.
GVA (Gross Value Added) and GNI (Gross National Income) are the main economic indicators which measure the value or size of the whole economy.
Latest news:
- Jersey’s economy, as measured by GVA, grew in real terms by 7% in 2007, a similar rate of growth as seen in 2006;
- Jersey’s total GVA in 2007 was £4.1 billion and GNI was £3.7 billion; GVA grew nominally by 10% in 2007;the Financial services sector accounted for more than half of Jersey’s total GVA in 2007 and with real term growth of 9% was the main driver behind the overall growth;
- the Agriculture, Construction and Wholesale & retail sectors saw real term growth in 2007, the third consecutive year for each of these sectors. In contrast, Hotels, restaurants and bars and Utilities have been relatively flat in real terms over the last three years whilst Manufacturing has continued its long-term decline;
- Jersey’s GNI per capita in 2007 was £41,000 compared with about £23,000 in the UK.
GVA and GNI 2007 Report 
For further information on GVA, GNI and other statistical releases, please visit the
Statistics website.
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