Channel Islands GDP Per Capita 2023

[ Nominal GDP Per Capita in USD ]

Year -

$12.51

Source: world bank Nominal/PPP
Summary:

Channel Islands GDP Per Capita expanded from 1998 to 2023, increasing from $5.95 to $12.51 .The compound annual growth rate (CAGR) averaged 3.02% over the period. The economy recorded its peak level in 2023 and its lowest level in 1998. Growth volatility remained high. The maximum drawdown reached 22.68%, indicating the largest cyclical decline from peak levels. The country experienced 5 recession episode(s) during the observed period.

Channel Islands Annual GDP Per Capita From 1960 to 2023

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
1961------
1962------
1963------
1964------
1965------
1966------
1967------
1968------
1969------
1970------
1971------
1972------
1973------
1974------
1975------
1976------
1977------
1978------
1979------
1980------
1981------
1982------
1983------
1984------
1985------
1986------
1987------
1988------
1989------
1990------
1991------
1992------
1993------
1994------
1995------
1996------
1997------
19985.95-----
19996.260.325.333 %---
20006.440.182.826 %---
20016.23-0.21-3.211 %---
20026.660.436.911 %---
20037.330.6710.033 %---
20048.551.2216.658 %---
20058.830.273.199 %---
20069.680.859.617 %---
200711.511.8419 %---
2008------
20099.1-2.41-20.963 %---
20108.9-0.2-2.18 %---
20119.650.758.383 %---
20129.45-0.19-2.011 %---
20139.590.141.482 %---
201410.530.939.726 %---
201510.11-0.42-3.977 %---
20169.17-0.94-9.303 %---
20179.1700.013 %---
201810.030.869.339 %---
201910.030.010.055 %---
20209.44-0.59-5.902 %---
202111.161.7218.197 %---
202211.310.151.351 %---
202312.511.210.603 %---
2024------

Channel Islands Economic Phases (1998 - 2023)

From 1998 to 2023, Channel Islands economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (2002–2004) indicating robust economic expansion
  • High Growth (2006–2008) indicating robust economic expansion
  • Contraction (2015–2016) indicating temporary slowdown
  • High Growth (2023–2023) indicating robust economic expansion

The most remarkable growth occurred in 2007 with an increase of 19%, while the largest decline was in 2009 at -20.963%.