Services, value added in Isle of Man
Isle of Man: Services, value added was 7.21 billion current US$ in 2023. ▲ Rising
Services, value added in Isle of Man, 2012–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Isle of Man recorded 7.21 billion current US$ for services, value added in 2023.
That represents a change of up 2.0% on the previous year and up 10.6% over ten years.
Over the whole period, services, value added in Isle of Man peaked at 7.28 billion current US$ in 2021 and was at its lowest, 6.13 billion current US$, in 2020.
That places Isle of Man 149th out of 205 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.68 billion current US$ | 6.22 billion current US$ | 7.22 billion current US$ | 8 |
| 2020s | 6.92 billion current US$ | 6.13 billion current US$ | 7.28 billion 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 services, value added in Isle of Man?
- Services, value added in Isle of Man was 7.21 billion current 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 7.28 billion current US$ in 2021.
- What is the lowest services, value added recorded in Isle of Man?
- The lowest recorded value was 6.13 billion current US$ in 2020.
- How does Isle of Man rank for services, value added?
- Isle of Man ranks 149th out of 205 countries with data for 2023.
- Is services, value added rising or falling in Isle of Man?
- Over the last ten years it is up 10.6%. 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 (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 defence, 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.