Agriculture, forestry, and fishing, value added (current LCU) in Isle of Man
Isle of Man: Agriculture, forestry, and fishing, value added (current LCU) was 22.71 million current LCU in 2023. ▼ Falling
Agriculture, forestry, and fishing, value added in Isle of Man, 2012–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2023, agriculture, forestry, and fishing, value added in Isle of Man stood at 22.71 million current LCU.
That represents a change of up 1.1% on the previous year and down 15.0% over ten years.
Over the whole period, agriculture, forestry, and fishing, value added in Isle of Man peaked at 29.92 million current LCU in 2016 and was at its lowest, 18.15 million current LCU, in 2019.
That places Isle of Man 196th out of 206 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.
Agriculture, forestry, and fishing, value added (current LCU) in Isle of Man, year by year
| Year | current LCU | Change |
|---|---|---|
| 2012 | 27.22 million current LCU | — |
| 2013 | 26.72 million current LCU | -1.8% |
| 2014 | 20.90 million current LCU | -21.8% |
| 2015 | 21.90 million current LCU | +4.8% |
| 2016 | 29.92 million current LCU | +36.6% |
| 2017 | 21.72 million current LCU | -27.4% |
| 2018 | 23.07 million current LCU | +6.2% |
| 2019 | 18.15 million current LCU | -21.4% |
| 2020 | 19.43 million current LCU | +7.1% |
| 2021 | 19.48 million current LCU | +0.2% |
| 2022 | 22.46 million current LCU | +15.3% |
| 2023 | 22.71 million current LCU | +1.1% |
Isle of Man compared with similar countries
- Isle of Man's 22.71 million current LCU is below the median for high income countries, which is 4.59 billion current LCU, 0% of the median. (74 countries reporting)
- Isle of Man's 22.71 million current LCU is below the median for Europe & Central Asia, which is 19.45 billion current LCU, 0% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 23.70 million current LCU | 18.15 million current LCU | 29.92 million current LCU | 8 |
| 2020s | 21.02 million current LCU | 19.43 million current LCU | 22.71 million current LCU | 4 |
Countries ranked near Isle of Man
More economy & growth data for Isle of Man
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.12 % change on previous year (2023)
- Gross value added at basic prices (GVA) (constant LCU), per capita 54,927 constant LCU per person (2023)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.6102 constant LCU per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (constant LCU), annual growth -2.01 % change on previous year (2023)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 83,917 constant 2015 US$ per person (2023)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9323 constant 2015 US$ per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual -2.01 % change on previous year (2023)
- Gross value added at basic prices (GVA) (current LCU), per capita 72,208 current LCU per person (2023)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8022 current LCU per US$ of GDP (2023)
- Services, value added (constant 2015 US$), per unit of GDP 0.8898 constant 2015 US$ per US$ of GDP (2023)
Frequently asked questions
- What is agriculture, forestry, and fishing, value added in Isle of Man?
- Agriculture, forestry, and fishing, value added in Isle of Man was 22.71 million current LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest agriculture, forestry, and fishing, value added recorded in Isle of Man?
- The highest recorded value was 29.92 million current LCU in 2016.
- What is the lowest agriculture, forestry, and fishing, value added recorded in Isle of Man?
- The lowest recorded value was 18.15 million current LCU in 2019.
- How does Isle of Man rank for agriculture, forestry, and fishing, value added?
- Isle of Man ranks 196th out of 206 countries with data for 2023.
- Is agriculture, forestry, and fishing, value added rising or falling in Isle of Man?
- Over the last ten years it is down 15.0%. 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 Organizations and/or Central Banks, published as part of Agriculture, forestry, and fishing, value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.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.