Industry (including construction), value added in Isle of Man
Isle of Man: Industry (including construction), value added was 528.64 million constant 2015 US$ in 2023. ▬ Flat
Industry (including construction), value added in Isle of Man, 2012–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added in Isle of Man is 528.64 million constant 2015 US$, measured in 2023.
The figure is up 5.4% on the previous year and down 13.3% over ten years.
Over the whole period, industry (including construction), value added in Isle of Man peaked at 711.09 million constant 2015 US$ in 2021 and was at its lowest, 501.56 million constant 2015 US$, in 2022.
That places Isle of Man 166th out of 195 countries with data for 2023, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 604.62 million constant 2015 US$ | 579.13 million constant 2015 US$ | 638.91 million constant 2015 US$ | 8 |
| 2020s | 597.00 million constant 2015 US$ | 501.56 million constant 2015 US$ | 711.09 million constant 2015 US$ | 4 |
Countries ranked near Isle of Man
- 163 Burundi 564.18 million constant 2015 US$ compare
- 164 Maldives 558.73 million constant 2015 US$ compare
- 165 Central African Republic 557.12 million constant 2015 US$ compare
- 167 Greenland 495.03 million constant 2015 US$ compare
- 168 Cayman Islands 450.52 million constant 2015 US$ compare
- 169 Gambia 448.58 million constant 2015 US$ compare
More economy & growth data for Isle of Man
- GDP 7.58 billion current US$ (2023)
- GDP per capita 72,421 current LCU (2023)
- GDP per capita 90,015 current US$ (2023)
- GDP 4.64 billion constant LCU (2023)
- GDP growth -2.0% (2023)
- GDP 7.10 billion constant 2015 US$ (2023)
- GDP 6.10 billion current LCU (2023)
- Gross value added at basic prices (GVA) 6.08 billion current LCU (2023)
- GDP deflator 131.22 base year varies by country (2023)
- Gross value added at basic prices (GVA) 7.55 billion current US$ (2023)
Frequently asked questions
- What is industry (including construction), value added in Isle of Man?
- Industry (including construction), value added in Isle of Man was 528.64 million constant 2015 US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Isle of Man?
- The highest recorded value was 711.09 million constant 2015 US$ in 2021.
- What is the lowest industry (including construction), value added recorded in Isle of Man?
- The lowest recorded value was 501.56 million constant 2015 US$ in 2022.
- How does Isle of Man rank for industry (including construction), value added?
- Isle of Man ranks 166th out of 195 countries with data for 2023.
- Is industry (including construction), value added rising or falling in Isle of Man?
- Over the last ten years it is down 13.3%. The long-run trend across the full record is flat.
- Where does this Isle of Man data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 is 2015. This indicator is expressed in United States dollars.