17 April 2026
The States of Jersey recorded a net-asset increase to £8.9billion and an overall surplus of £262million in 2025 – confirming a strong financial position alongside continued progress in delivering essential services for Islanders.
The 2025 Annual Report and Accounts (ARA) shows that disciplined financial management, strong investment performance and sustained reform have strengthened Jersey's public finances, while enabling continued investment in health, education, housing and infrastructure.
ARA 2025 highlights:
- General Revenue Income of £1.23billion, with £1.18billion spent on services
- Overall surplus of £262million, supported by £380million in investment returns
- Net assets increased to £8.9 billion, reinforcing long‑term financial resilience
- Continued investment in our infrastructure
- A States Grant of £30.3 million was paid into the Social Security Fund, as agreed in Budget 2026.
- Continued protection of frontline services, despite inflation and pay pressures
- Reduced GP fees and expanded support for vulnerable Islanders
The Chief Minister, Deputy Lyndon Farnham, said: “Through careful management of public sector budgets and the workforce, this Government has strengthened Jersey's public finances. As a result, the next Government will inherit a stronger financial position, and I am confident there is now a more secure foundation with a clear path towards balanced budgets in the years ahead."
Minister for Treasury and Resources, Deputy Elaine Millar, said: “These accounts demonstrate our commitment to affordability, sustainability and long‑term stability, while protecting essential services and supporting Islanders. They reflect responsible spending and our continued protection of the Island's reserves. It is essential that the momentum from 2025 is maintained, to curb recent years' growth, and ensure that we live within our means, planning carefully, so that we can meet both current needs and future challenges."
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