Gross Domestic Product (GDP)
Gross Domestic Product (GDP) is the traditional aggregate measure of an economy which requires specific treatment for services indirectly charged by financial services institutions (FISIM).
In 2022:
- GDP increased by 5.9% in real terms on an annual basis
- GDP was £5,761 million
- over the last 10 years, real term GDP has increased, on average by 1.6% annually
- GDP was 5% higher than in 2019 (prior to the COVID-19 pandemic) and in line with this long-term average following the impact of the pandemic observed in 2020 and 2021
GDP in real tearms (£ million)
Source: Statistics Jersey,
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GDP in real terms (£ million)
Source: Statistics Jersey,
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Gross Value Added (GVA)
Gross Value Added shows the value of economic activity taking place in Jersey and shows the value of economic activity taking place in Jersey and permits a breakdown by each sector of the economy. GVA is presented at market prices and adjusted for the impact of Financial Intermediation Services Indirectly Measured (FISIM). Total GVA for the whole economy is therefore equal to Jersey’s GDP.
GVA (market) by sector
Source: Statistics Jersey,
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Download reports and data tables
You can read the most recent GDP and GVA report for 2022 below.
Measuring Jersey's economy: GDP and GVA 2022 report
Data tables provide detail on the measures of Jersey's economy from 1998 onwards, overall and for the individual sectors of Jersey's economy. Data tables include:
- GVA in real terms
- GVA per full time equivalent worker
- GVA per head of population
- GDP in real terms
You can access the data tables associated with this release on the open data.
You can search by year for past reports on Statistics Jersey reports and documents.
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