GDP in Isle of Man
Isle of Man: GDP was 4.64 billion constant LCU in 2023. ◆ Volatile
GDP in Isle of Man, 1984–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gdp in Isle of Man is 4.64 billion constant LCU, measured in 2023.
Compared with earlier readings it is down 2.0% on the previous year and up 4.9% over ten years.
Over the whole period, gdp in Isle of Man peaked at 5.23 billion constant LCU in 2019 and was at its lowest, 773.07 million constant LCU, in 1984.
Isle of Man ranks 191st of 214 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 973.43 million constant LCU | 773.07 million constant LCU | 1.21 billion constant LCU | 6 |
| 1990s | 1.53 billion constant LCU | 1.26 billion constant LCU | 2.18 billion constant LCU | 10 |
| 2000s | 3.01 billion constant LCU | 2.29 billion constant LCU | 3.76 billion constant LCU | 10 |
| 2010s | 4.63 billion constant LCU | 3.88 billion constant LCU | 5.23 billion constant LCU | 10 |
| 2020s | 4.77 billion constant LCU | 4.64 billion constant LCU | 4.95 billion constant LCU | 4 |
Countries ranked near Isle of Man
- 188 Liechtenstein 4.82 billion constant LCU compare
- 189 Curacao 4.77 billion constant LCU compare
- 190 Montenegro 4.66 billion constant LCU compare
- 192 Sao Tome and Principe 4.28 billion constant LCU compare
- 193 Liberia 4.19 billion constant LCU compare
- 194 United States Virgin Islands 3.99 billion constant LCU compare
More economy & growth data for Isle of Man
- Gross value added at basic prices (GVA) 4.62 billion constant LCU (2023)
- GDP per capita 72,421 current LCU (2023)
- GDP per capita 90,015 current US$ (2023)
- GDP growth -2.0% (2023)
- GDP 7.10 billion constant 2015 US$ (2023)
- GDP 6.10 billion current LCU (2023)
- GDP 7.58 billion current US$ (2023)
- Gross value added at basic prices (GVA) 7.55 billion current US$ (2023)
- Inflation, GDP deflator 3.2% (2023)
- GDP deflator 131.22 base year varies by country (2023)
Frequently asked questions
- What is gdp in Isle of Man?
- Gdp in Isle of Man was 4.64 billion constant LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Isle of Man?
- The highest recorded value was 5.23 billion constant LCU in 2019.
- What is the lowest gdp recorded in Isle of Man?
- The lowest recorded value was 773.07 million constant LCU in 1984.
- How does Isle of Man rank for gdp?
- Isle of Man ranks 191st out of 214 countries with data for 2023.
- Is gdp rising or falling in Isle of Man?
- Over the last ten years it is up 4.9%. The long-run trend across the full record is volatile.
- Where does this Isle of Man data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.