Jersey - Economy
How is the economy of Jersey? Based on the information we have, Jersey has a British territorial island economy; strong offshore banking and finance sectors; low asset taxation; strong tourism sector prior to COVID-19 and Brexit; one of the most expensive places to live; minimal welfare system; historical cider industry. Key agricultural products in this country include: potatoes, cauliflower, tomatoes; beef, dairy products.
More about the economy of Jersey
Labor force 86,000 (2023 est.)
Industrial production growth rate 1.64% (2022 est.)
Industries tourism, banking and finance, dairy, electronics
Population below poverty line
Taxes and other revenues
Fiscal year
Exchange rates
Currency Jersey pounds (JEP) per US dollar
Exchange rates 2023 0.805 (2023 est.)
Exchange rates 2022 0.811 (2022 est.)
Exchange rates 2021 0.727 (2021 est.)
Exchange rates 2020 0.78 (2020 est.)
Exchange rates 2019 0.783 (2019 est.)
Budget surplus (+) or deficit (-)
Imports (partners) almost entirely United Kingdom (2022)
Comodities Imports force artwork, ships, vegetables, fruits, jewelry (2022)
Exports (partners) almost entirely United Kingdom (2022)
Comodities Exports force refined petroleum, beverages, ships, jewelry, artwork (2022)
Real GDP (purchasing power parity)
Real GDP (purchasing power parity) 2016 $5.569 billion (2016 est.)
Real GDP (purchasing power parity) 2015 $5.514 billion (2015 est.)
Real GDP (purchasing power parity) 2014 $4.98 billion (2014 est.)
GDP (official exchange rate) $11.228 billion (2022 est.)
Real GDP Per capita
Real GDP per capita 2016 $56,600 (2016 est.)
Real GDP per capita 2015 $49,500 (2015 est.)
GDP - composition, by sector of origin
Agriculture 0.8% (2022 est.)
Industry 8.4% (2022 est.)
Services 92% (2022 est.)
Unemployment rate
Unemployment rate 2023 5.98% (2023 est.)
Unemployment rate 2022 5.91% (2022 est.)
Unemployment rate 2021 6.61% (2021 est.)
Youth unemployment rate (ages 15-24)
Total 13.5% (2023 est.)
Male 13.7% (2023 est.)
Female 13.2% (2023 est.)
All Important Facts about Jersey

Want to know more about Jersey? Check all different factbooks for Jersey below.

Jersey is found in Northern Europe