Manufacturing, value added in Isle of Man
Isle of Man: Manufacturing, value added was 143.19 million constant 2015 US$ in 2023. ▼ Falling
Manufacturing, value added in Isle of Man, 2012–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Isle of Man recorded 143.19 million constant 2015 US$ for manufacturing, value added in 2023.
The figure is up 6.7% on the previous year and down 33.8% over ten years.
Over the whole period, manufacturing, value added in Isle of Man peaked at 233.20 million constant 2015 US$ in 2012 and was at its lowest, 134.17 million constant 2015 US$, in 2022.
That places Isle of Man 156th out of 185 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 189.52 million constant 2015 US$ | 162.15 million constant 2015 US$ | 233.20 million constant 2015 US$ | 8 |
| 2020s | 152.51 million constant 2015 US$ | 134.17 million constant 2015 US$ | 177.76 million constant 2015 US$ | 4 |
Countries ranked near Isle of Man
- 153 Belize 175.51 million constant 2015 US$ compare
- 154 Djibouti 163.56 million constant 2015 US$ compare
- 155 Bhutan 150.61 million constant 2015 US$ compare
- 157 Solomon Islands 138.93 million constant 2015 US$ compare
- 158 Aruba 123.72 million constant 2015 US$ compare
- 159 Cape Verde 122.73 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 manufacturing, value added in Isle of Man?
- Manufacturing, value added in Isle of Man was 143.19 million constant 2015 US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Isle of Man?
- The highest recorded value was 233.20 million constant 2015 US$ in 2012.
- What is the lowest manufacturing, value added recorded in Isle of Man?
- The lowest recorded value was 134.17 million constant 2015 US$ in 2022.
- How does Isle of Man rank for manufacturing, value added?
- Isle of Man ranks 156th out of 185 countries with data for 2023.
- Is manufacturing, value added rising or falling in Isle of Man?
- Over the last ten years it is down 33.8%. 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 Manufacturing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.