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Financial Institutions Survey 

Jersey's finance sector recorded profits of £605 million in 2010.

The Financial Institutions Survey covers banks, fund mangers, investment trusts, accountancy and legal firms. Together, these businesses comprise the largest sector of the Jersey economy. The finance sector employs around a quarter of the workforce and accounts for more than half of the total economic activity in the Island.

The survey started in 1996 and is carried out annually. A new suite of surveys for Jersey’s financial services sector was introduced by the Statistics Unit in 2010. These surveys provide more detailed and timely information on overall performance and of the individual sub sectors than was previously available, and are of particular benefit to both Government and the industry for the monitoring of this key sector of the Island’s economy.

In addition to the annual round of the survey, a shorter version is also carried out on a quarterly basis.

The suite of surveys provide information on finance sector profits, staff levels and expenditure on salaries and other goods and services. It also covers future expectations for changes in profits and staff as well as other qualitative indicators designed to monitor economic performance.

Latest figures

Survey of Financial Institiutions 2010 report (government and administration section)

Download summary data from the Survey of Financial Institutions 2010 report (size 14kb)

 

Previous reports

Survey of Financial Institutions 2009 report (government and administration section)
Survey of Financial Institutions 2008 report (government and administration section)



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