Business/Legal

What are Gibraltar’s main industries?

Short answer

Gibraltar's economy rests mainly on financial services, online gaming, tourism and retail, and the port, including bunkering. The latest official national income table puts GDP at £3,089 million for 2024/25, and the Chief Minister's 2026 Budget address forecast £3,252 million for the current year.

Detailed answer

Gibraltar has a small, services-based economy. The main private-sector activities are financial services, online gaming, tourism and retail, and the port, including bunkering and ship repair. The public sector is also a large employer. The Statistics Office national income table gives GDP at factor cost of £2,901.24 million for 2023/24 (a preliminary estimate) and £3,089.47 million for 2024/25 (a forecast), or £80,885 per head. In his Budget address on Tuesday 7 July 2026 the Chief Minister gave a forecast of £3,252 million for the current year. The Employment Survey Report 2025 counted 32,206 employee jobs in October 2025. The largest industry groups were other services (4,990 jobs), real estate and business activities (4,548), construction (3,884), health and social work (3,787), wholesale and retail trade (3,591), public administration and defence (2,424), financial intermediation (2,289), hotels and restaurants (2,129) and transport and communication (1,903). Financial services are supervised by the Gibraltar Financial Services Commission, whose remit includes banks, insurers, investment firms, funds, e-money and payment firms, trustees and company managers. Financial intermediation jobs fell by 31 (1.3%) in the year to October 2025. Online gaming is counted within the survey's other services group. The gambling and betting sub-industry had the largest fall in that group in the year to October 2025, down 78 jobs (2.2%). Port Authority figures for 2025 record 9,604 vessel calls in total, of which 5,267 were calls for bunkers on the western side of the port. Shipbuilding accounted for 407 employee jobs in October 2025, up 27.6% on the year. Tourist Board figures record 219 cruise liner calls and 355,468 cruise passengers in 2025. The linked FAQs cover GDP, gaming regulation, the Financial Services Commission and corporate tax in more detail.