Services, value added in Isle of Man
Isle of Man: Services, value added was 6.74 billion constant 2015 US$ in 2023. ▲ Rising
Services, value added in Isle of Man, 2012–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added in Isle of Man is 6.74 billion constant 2015 US$, measured in 2023.
Compared with earlier readings it is down 2.0% on the previous year and up 7.0% over ten years.
Over the whole period, services, value added in Isle of Man peaked at 7.50 billion constant 2015 US$ in 2019 and was at its lowest, 6.04 billion constant 2015 US$, in 2012.
Isle of Man ranks 137th of 195 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.87 billion constant 2015 US$ | 6.04 billion constant 2015 US$ | 7.50 billion constant 2015 US$ | 8 |
| 2020s | 6.81 billion constant 2015 US$ | 6.68 billion constant 2015 US$ | 6.93 billion constant 2015 US$ | 4 |
Countries ranked near Isle of Man
- 134 Palestine 7.00 billion constant 2015 US$ compare
- 135 Bermuda 6.85 billion constant 2015 US$ compare
- 136 South Sudan 6.78 billion constant 2015 US$ compare
- 138 Gabon 6.72 billion constant 2015 US$ compare
- 139 Malawi 6.68 billion constant 2015 US$ compare
- 140 Afghanistan 6.51 billion 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 services, value added in Isle of Man?
- Services, value added in Isle of Man was 6.74 billion constant 2015 US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Isle of Man?
- The highest recorded value was 7.50 billion constant 2015 US$ in 2019.
- What is the lowest services, value added recorded in Isle of Man?
- The lowest recorded value was 6.04 billion constant 2015 US$ in 2012.
- How does Isle of Man rank for services, value added?
- Isle of Man ranks 137th out of 195 countries with data for 2023.
- Is services, value added rising or falling in Isle of Man?
- Over the last ten years it is up 7.0%. 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 Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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.