GDP increased by 5% in 2023 but in real terms it has dipped by 2%, the first time since the pandemic.
GDP, or Gross Domestic Product, is the measure of the wealth of an economy.
Guernsey generated and impressive £3.48 billion last year, according to latest States figures. That is 5% up on 2022 but in real terms, it is down 2%. That erosion of wealth last happened in 2020, during the pandemic.
Each individual contributes £54,400.
Salaries and company profits are the biggest contributor to Guernseys' wealth.
Finance and insurance remain the most economically important economic contributors, at 37%. The wider finance sector contributed £1.52 billion to Guernsey's wealth.
Government and the tech sector are next, with construction adding just 4%.
Talks ongoing to enable Guernsey ferries to access St Malo
"No shortage" of flu jabs for Guernsey vaccination programme
Both winning CI Christmas Lottery Tickets sold in Jersey
Guernsey women's murder trial "unlikely ever to resume"
Guernsey actor to reprise Doctor Who role for Boxing Day Dip
Aurigny to fly between Guernsey and Jersey next year
Review into healthcare complaints in Guernsey to go ahead
Former CI Co-op boss awarded more than £3m
