They are the latest estimates for the island’s total GDP last year, which was reportedly £3,272 million, 1.7% higher than the estimate for 2017 in real terms.
Guernsey GDP per capita (person) in 2018 is £52,531, 65% greater than in the UK in 2018 and 29% greater than Jersey GVA per capita in 2017.
The largest two components of GDP are compensation of employees, which represented 42% of total GDP in 2018, and Gross operating surplus, which represented 43%.
The finance sector remains the largest single sector, accounting for 41% of the total GVA (£1,318 million) or 45% of Factor income in 2018. GVA is the total for all sectors including the house holds sector. Factor income is the total for all industry sectors and excludes the household sector.
Non-finance industry sectors collectively contributed 51% of the total GVA (£1,620million) or 55% of Factor Income in 2018. Of this, £187 million (6% of total GVA and 6% of Factor Income) was Legal, Accounting, Auditing, Office Administrative and other primarily finance industry support activities.
In nominal terms, GDP per capita in Guernsey has grown year on year since 2012.