e-Gaming continues to be the largest sector
The economy grew by 3.6% in real terms last year, according to the latest government figures.
Official data shows Gross Domestic Product (GDP) increased to £5.26bn pounds in 2017/18, up from £4.88bn.
Insurance was one of ten sectors which experienced growth, whilst other sectors - including tourist accommodation - contracted.
Growth in the e-Gaming industry during the year means it continues to be the largest sector within the economy, with a share of 21.1%.
Gross National Product (GNP) also saw an increase of 5.2% in real terms, compared to -1.1% in 2016/17.
The accounts contained within the latest report relate to the year 2017/18 and do not necessarily reflect the current position of the Island's economy.
The full report is available here
Lessons learned after snow day confusion
More than 100 firearms surrendered
Planning application to extend TT hospitality tent for new Food and Drink Festival submitted
'No tangible positives' achieved by public sector integrity line, says trade union
