GDP (constant LCU), annual growth rate (GDP Country official) in Isle of Man
Isle of Man: GDP (constant LCU), annual growth rate (GDP Country official) was -2.04 % change on previous year in 2023. ◆ Volatile
GDP (constant LCU), annual growth rate in Isle of Man, 1985–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (constant lcu), annual growth rate in Isle of Man is -2.04 % change on previous year, measured in 2023.
The figure is up 51.2% on the previous year and down 149.1% over ten years.
Over the whole period, gdp (constant lcu), annual growth rate in Isle of Man peaked at 19.11 % change on previous year in 1986 and was at its lowest, -8.84 % change on previous year, in 2020.
Isle of Man ranks 206th of 213 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), annual growth rate (GDP Country official) in Isle of Man, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1985 | 0.4188 % change on previous year | — |
| 1986 | 19.11 % change on previous year | +4461.5% |
| 1987 | 9.9 % change on previous year | -48.2% |
| 1988 | 11.83 % change on previous year | +19.5% |
| 1989 | 6.84 % change on previous year | -42.1% |
| 1990 | 4.19 % change on previous year | -38.8% |
| 1991 | 1.6 % change on previous year | -61.7% |
| 1992 | 0.7998 % change on previous year | -50.2% |
| 1993 | 2.6 % change on previous year | +225.0% |
| 1994 | 4 % change on previous year | +53.9% |
| 1995 | 4.3 % change on previous year | +7.5% |
| 1996 | 7.7 % change on previous year | +79.0% |
| 1997 | 8.6 % change on previous year | +11.7% |
| 1998 | 13.5 % change on previous year | +57.0% |
| 1999 | 13.7 % change on previous year | +1.5% |
| 2000 | 5.3 % change on previous year | -61.3% |
| 2001 | 5.4 % change on previous year | +1.9% |
| 2002 | 6.2 % change on previous year | +14.8% |
| 2003 | 6 % change on previous year | -3.2% |
| 2004 | 5.2 % change on previous year | -13.3% |
| 2005 | 5.9 % change on previous year | +13.5% |
| 2006 | 7.7 % change on previous year | +30.5% |
| 2007 | 7.5 % change on previous year | -2.6% |
| 2008 | 4.9 % change on previous year | -34.7% |
| 2009 | 2.1 % change on previous year | -57.1% |
| 2010 | 3.4 % change on previous year | +61.9% |
| 2011 | 2 % change on previous year | -41.2% |
| 2012 | 7.3 % change on previous year | +265.2% |
| 2013 | 4.14 % change on previous year | -43.3% |
| 2014 | 5.16 % change on previous year | +24.5% |
| 2015 | -0.3858 % change on previous year | -107.5% |
| 2016 | 6.95 % change on previous year | -1902.1% |
| 2017 | 2.84 % change on previous year | -59.2% |
| 2018 | 2.21 % change on previous year | -22.0% |
| 2019 | 0.2549 % change on previous year | -88.5% |
| 2020 | -8.84 % change on previous year | -3566.5% |
| 2021 | 3.84 % change on previous year | -143.4% |
| 2022 | -4.17 % change on previous year | -208.6% |
| 2023 | -2.04 % change on previous year | -51.2% |
Isle of Man compared with similar countries
- Isle of Man's -2.04 % change on previous year is below the median for high income countries, which is 2.14 % change on previous year. (83 countries reporting)
- Isle of Man's -2.04 % change on previous year is below the median for Europe & Central Asia, which is 1.95 % change on previous year. (56 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU), annual growth rate (GDP Country official) 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 |
|---|---|---|---|
| 1986 | +4461.5% | 0.4188 % change on previous year | 19.11 % change on previous year |
| 2020 | -3566.5% | 0.2549 % change on previous year | -8.84 % change on previous year |
| 2016 | +1902.1% | -0.3858 % change on previous year | 6.95 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.62 % change on previous year | 0.4188 % change on previous year | 19.11 % change on previous year | 5 |
| 1990s | 6.1 % change on previous year | 0.7998 % change on previous year | 13.7 % change on previous year | 10 |
| 2000s | 5.62 % change on previous year | 2.1 % change on previous year | 7.7 % change on previous year | 10 |
| 2010s | 3.39 % change on previous year | -0.3858 % change on previous year | 7.3 % change on previous year | 10 |
| 2020s | -2.8 % change on previous year | -8.84 % change on previous year | 3.84 % change on previous year | 4 |
Countries ranked near Isle of Man
- 203 United States Virgin Islands -1.31 % change on previous year compare
- 204 Bolivia -1.58 % change on previous year compare
- 205 Myanmar -2.01 % change on previous year compare
- 207 Iraq -2.16 % change on previous year compare
- 208 Haiti -2.71 % change on previous year compare
- 209 Iran -2.83 % change on previous year compare
More economy & growth data for Isle of Man
- GNI (current LCU), per unit of GDP 0.7747 current LCU per US$ of GDP (2023)
- GNI (current US$), per unit of GDP 0.963 current US$ per US$ of GDP (2023)
- GNI (current US$), per capita 86,681 current US$ per person (2023)
- GNI (current LCU), annual growth rate 11.24 % change on previous year (2023)
- Industry (including construction), value added (current LCU), annual 8.77 % change on previous year (2023)
- Net primary income (Net income from abroad) (current US$), annual 69.74 % change on previous year (2023)
- Taxes less subsidies on products (current US$), annual growth rate -5.38 % change on previous year (2023)
- Net primary income (Net income from abroad) (current LCU), annual 70 % change on previous year (2023)
- Agriculture, forestry, and fishing, value added 22.71 million current LCU (2023)
- GNI (current LCU), per capita 69,738 current LCU per person (2023)
Frequently asked questions
- What is gdp (constant lcu), annual growth rate in Isle of Man?
- Gdp (constant lcu), annual growth rate in Isle of Man was -2.04 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gdp (constant lcu), annual growth rate recorded in Isle of Man?
- The highest recorded value was 19.11 % change on previous year in 1986.
- What is the lowest gdp (constant lcu), annual growth rate recorded in Isle of Man?
- The lowest recorded value was -8.84 % change on previous year in 2020.
- How does Isle of Man rank for gdp (constant lcu), annual growth rate?
- Isle of Man ranks 206th out of 213 countries with data for 2023.
- Is gdp (constant lcu), annual growth rate rising or falling in Isle of Man?
- Over the last ten years it is down 149.1%. The long-run trend across the full record is volatile.
- Where does this Isle of Man data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.