Statisticians today painted a rosy picture of the Island’s finances as data showed that Gross Domestic Profit – the value of all goods and services in the Island – rose by two per cent on the previous year.
Following the global financial crash in 2007, the size of the Island’s economy plummeted to around £3.75 billion in 2013 – a fall of 16 per cent in six years.
But in 2014 and last year it began to rise again by five per cent and two per cent respectively.
However, the Island’s GDP has still not returned to its pre-recession levels.
Read the full report in Wednesday’s JEP.
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