Industry (including construction), value added in Isle of Man
Isle of Man: Industry (including construction), value added was 565.39 million current US$ in 2023. ▼ Falling
Industry (including construction), value added in Isle of Man, 2012–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2023, industry (including construction), value added in Isle of Man stood at 565.39 million current US$.
The figure is up 9.7% on the previous year and down 10.4% over ten years.
Over the whole period, industry (including construction), value added in Isle of Man peaked at 747.45 million current US$ in 2021 and was at its lowest, 515.47 million current US$, in 2022.
Isle of Man ranks 177th of 208 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 589.83 million current US$ | 518.74 million current US$ | 636.53 million current US$ | 8 |
| 2020s | 605.54 million current US$ | 515.47 million current US$ | 747.45 million current US$ | 4 |
Countries ranked near Isle of Man
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 565.39 million current 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 747.45 million current US$ in 2021.
- What is the lowest industry (including construction), value added recorded in Isle of Man?
- The lowest recorded value was 515.47 million current US$ in 2022.
- How does Isle of Man rank for industry (including construction), value added?
- Isle of Man ranks 177th 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 down 10.4%. The long-run trend across the full record is falling.
- 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.