Jersey living standards drop 22% over 11-year period

Living standards in Jersey fell by 22% between 2000 and 2011, according to the island's Statistics Unit.

The Gross Value Added (GVA), calculated from firms' profits and workers' wages, fell to £37,000 per capita.

The GVA per head of population is used by the UN and EU as a standard indicator of living standards.

Workers in the finance industry contributed £124,000 per full-time employee, compared with an average of £50,000 for other sectors.

The lowest values were in hospitality (£28,000) and agriculture (£31,000).

Finance is the biggest industry in Jersey, making up 40% of the economy and employing nearly 13,000 islanders.

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

BBC Jersey


St Helier

Min. Night 16 °C


BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.