Industry (including construction), value added in Isle of Man
Isle of Man: Industry (including construction), value added was 454.88 million current LCU in 2023. ▲ Rising
Industry (including construction), value added in Isle of Man, 2012–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Isle of Man recorded 454.88 million current LCU for industry (including construction), value added in 2023.
The figure is up 8.8% on the previous year and up 12.7% over ten years.
Over the whole period, industry (including construction), value added in Isle of Man peaked at 543.44 million current LCU in 2021 and was at its lowest, 386.84 million current LCU, in 2014.
Isle of Man ranks 195th of 208 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 409.36 million current LCU | 386.84 million current LCU | 450.43 million current LCU | 8 |
| 2020s | 469.93 million current LCU | 418.20 million current LCU | 543.44 million current LCU | 4 |
Countries ranked near Isle of Man
- 192 Andorra 509.31 million current LCU compare
- 193 Cayman Islands 494.47 million current LCU compare
- 194 Sao Tome and Principe 474.24 million current LCU compare
- 196 Bermuda 450.16 million current LCU compare
- 197 Samoa 364.45 million current LCU compare
- 198 Dominica 275.84 million current LCU 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 454.88 million current LCU 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 543.44 million current LCU in 2021.
- What is the lowest industry (including construction), value added recorded in Isle of Man?
- The lowest recorded value was 386.84 million current LCU in 2014.
- How does Isle of Man rank for industry (including construction), value added?
- Isle of Man ranks 195th out of 208 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 up 12.7%. The long-run trend across the full record is rising.
- 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 (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.