World Factbook
Jersey
Bailiwick of Jersey
Last updated: 2026-03-28 (today)
Industries
tourism, banking and finance, dairy, electronics
Labor force
82,400 (2024 est.)
note: number of people ages 15 or older who are employed or seeking work;entry includes Jersey and Guernsey
Exchange rates
Currency
Jersey pounds (JEP) per US dollar
Exchange rates 2020
0.78 (2020 est.)
Exchange rates 2021
0.727 (2021 est.)
Exchange rates 2022
0.811 (2022 est.)
Exchange rates 2023
0.805 (2023 est.)
Exchange rates 2024
0.782 (2024 est.)
Economic overview
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
Unemployment rate
note
note: % of labor force seeking employment; entry includes Jersey and Guernsey
Unemployment rate 2022
6.2% (2022 est.)
Unemployment rate 2023
6.2% (2023 est.)
Unemployment rate 2024
6.3% (2024 est.)
Exports - partners
almost entirely United Kingdom (2022)
Imports - partners
almost entirely United Kingdom (2022)
Real GDP growth rate
note
note: annual GDP % growth based on constant local currency; entry includes Jersey and Guernsey
Real GDP growth rate 2021
9.9% (2021 est.)
Real GDP growth rate 2022
5.3% (2022 est.)
Real GDP growth rate 2023
3.7% (2023 est.)
Agricultural products
potatoes, cauliflower, tomatoes; beef, dairy products
Exports - commodities
refined petroleum, beverages, ships, jewelry, artwork (2022)
top five export commodities based on value in dollars
Imports - commodities
artwork, ships, vegetables, fruits, jewelry (2022)
GDP (official exchange rate)
$12.508 billion (2023 est.)
note: data in current dollars at official exchange rate; entry includes Jersey and Guernsey
Industrial production growth rate
1.3% (2023 est.)
note: annual % change in industrial value added based on constant local currency; entry includes Jersey and Guernsey
Real GDP (purchasing power parity)
note
note: data are in 2015 dollars
Real GDP (purchasing power parity) 2014
$4.98 billion (2014 est.)
Real GDP (purchasing power parity) 2015
$5.514 billion (2015 est.)
Real GDP (purchasing power parity) 2016
$5.569 billion (2016 est.)
Youth unemployment rate (ages 15-24)
male
14.2% (2024 est.)
note
note: % of labor force ages 15-24 seeking employment
total
14.1% (2024 est.)
female
13.9% (2024 est.)
GDP - composition, by sector of origin
note
note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
industry
8.2% (2023 est.)
services
91.2% (2023 est.)
agriculture
0.6% (2023 est.)