Annual GDP growth (%) in Isle of Man
Isle of Man: Annual GDP growth (%) was -4.2% in 2022. ◆ Volatile
Annual GDP growth in Isle of Man, 2000–2022
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Isle of Man recorded -4.2% for annual gdp growth in 2022.
That represents a change of down 208.5% on the previous year and down 157.0% over ten years.
Over the whole period, annual gdp growth in Isle of Man peaked at 7.7% in 2006 and was at its lowest, -8.8%, in 2020.
That places Isle of Man 223rd out of 230 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth (%) in Isle of Man, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.3% | — |
| 2001 | 5.4% | +1.9% |
| 2002 | 6.2% | +14.8% |
| 2003 | 6.0% | -3.2% |
| 2004 | 5.2% | -13.3% |
| 2005 | 5.9% | +13.5% |
| 2006 | 7.7% | +30.5% |
| 2007 | 7.5% | -2.6% |
| 2008 | 4.9% | -34.7% |
| 2009 | 2.1% | -57.1% |
| 2010 | 3.4% | +61.9% |
| 2011 | 2.0% | -41.2% |
| 2012 | 7.3% | +265.2% |
| 2013 | 4.1% | -43.3% |
| 2014 | 5.2% | +24.5% |
| 2015 | -0.4% | -107.5% |
| 2016 | 7.0% | -1901.7% |
| 2017 | 2.8% | -59.2% |
| 2018 | 2.2% | -22.0% |
| 2019 | 0.3% | -88.5% |
| 2020 | -8.8% | -3567.1% |
| 2021 | 3.8% | -143.4% |
| 2022 | -4.2% | -208.5% |
Isle of Man compared with similar countries
- Isle of Man's -4.2% is below the median for high income countries, which is 2.1%. (80 countries reporting)
- Isle of Man's -4.2% is below the median for Europe & Central Asia, which is 2.6%. (55 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) in Isle of Man changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -3567.1% | 0.3% | -8.8% |
| 2016 | +1901.7% | -0.4% | 7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.6% | 2.1% | 7.7% | 10 |
| 2010s | 3.4% | -0.4% | 7.3% | 10 |
| 2020s | -3.1% | -8.8% | 3.8% | 3 |
Countries ranked near Isle of Man
More economy & growth data for Isle of Man
- GDP (constant 2015 US$), per unit of GDP 0.9367 constant 2015 US$ per US$ of GDP (2023)
- GDP (current US$), per capita 90,015 current US$ per person (2023)
- GDP (current LCU), annual growth rate 1.1 % change on previous year (2023)
- GDP (current LCU), per unit of GDP 0.8045 current LCU per US$ of GDP (2023)
- GDP (current LCU), per capita 72,421 current LCU per person (2023)
- GDP (constant 2015 US$), annual growth rate -2.04 % change on previous year (2023)
- GDP (constant LCU), annual growth rate -2.04 % change on previous year (2023)
- GDP (constant LCU), per capita 55,188 constant LCU per person (2023)
- GDP (constant LCU), per unit of GDP 0.6131 constant LCU per US$ of GDP (2023)
- GDP (current US$), annual growth rate 1.95 % change on previous year (2023)
Frequently asked questions
- What is annual gdp growth in Isle of Man?
- Annual gdp growth in Isle of Man was -4.2% in 2022, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Isle of Man?
- The highest recorded value was 7.7% in 2006.
- What is the lowest annual gdp growth recorded in Isle of Man?
- The lowest recorded value was -8.8% in 2020.
- How does Isle of Man rank for annual gdp growth?
- Isle of Man ranks 223rd out of 230 countries with data for 2022.
- Is annual gdp growth rising or falling in Isle of Man?
- Over the last ten years it is down 157.0%. The long-run trend across the full record is volatile.
- Where does this Isle of Man data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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