GDP (constant LCU) (Country official) in Isle of Man
Isle of Man: GDP (constant LCU) (Country official) was 4.64 billion constant LCU in 2023. ◆ Volatile
GDP in Isle of Man, 1984–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gdp in Isle of Man is 4.64 billion constant LCU, measured in 2023.
Compared with earlier readings it is down 2.0% on the previous year and up 4.9% over ten years.
Over the whole period, gdp in Isle of Man peaked at 5.23 billion constant LCU in 2019 and was at its lowest, 773.07 million constant LCU, in 1984.
Isle of Man ranks 192nd of 215 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) (Country official) in Isle of Man, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1984 | 773.07 million constant LCU | — |
| 1985 | 776.31 million constant LCU | +0.4% |
| 1986 | 924.63 million constant LCU | +19.1% |
| 1987 | 1.02 billion constant LCU | +9.9% |
| 1988 | 1.14 billion constant LCU | +11.8% |
| 1989 | 1.21 billion constant LCU | +6.8% |
| 1990 | 1.26 billion constant LCU | +4.2% |
| 1991 | 1.29 billion constant LCU | +1.6% |
| 1992 | 1.30 billion constant LCU | +0.8% |
| 1993 | 1.33 billion constant LCU | +2.6% |
| 1994 | 1.38 billion constant LCU | +4.0% |
| 1995 | 1.44 billion constant LCU | +4.3% |
| 1996 | 1.55 billion constant LCU | +7.7% |
| 1997 | 1.69 billion constant LCU | +8.6% |
| 1998 | 1.91 billion constant LCU | +13.5% |
| 1999 | 2.18 billion constant LCU | +13.7% |
| 2000 | 2.29 billion constant LCU | +5.3% |
| 2001 | 2.42 billion constant LCU | +5.4% |
| 2002 | 2.57 billion constant LCU | +6.2% |
| 2003 | 2.72 billion constant LCU | +6.0% |
| 2004 | 2.86 billion constant LCU | +5.2% |
| 2005 | 3.03 billion constant LCU | +5.9% |
| 2006 | 3.26 billion constant LCU | +7.7% |
| 2007 | 3.51 billion constant LCU | +7.5% |
| 2008 | 3.68 billion constant LCU | +4.9% |
| 2009 | 3.76 billion constant LCU | +2.1% |
| 2010 | 3.88 billion constant LCU | +3.4% |
| 2011 | 3.96 billion constant LCU | +2.0% |
| 2012 | 4.25 billion constant LCU | +7.3% |
| 2013 | 4.43 billion constant LCU | +4.1% |
| 2014 | 4.66 billion constant LCU | +5.2% |
| 2015 | 4.64 billion constant LCU | -0.4% |
| 2016 | 4.96 billion constant LCU | +7.0% |
| 2017 | 5.10 billion constant LCU | +2.8% |
| 2018 | 5.21 billion constant LCU | +2.2% |
| 2019 | 5.23 billion constant LCU | +0.3% |
| 2020 | 4.76 billion constant LCU | -8.8% |
| 2021 | 4.95 billion constant LCU | +3.8% |
| 2022 | 4.74 billion constant LCU | -4.2% |
| 2023 | 4.64 billion constant LCU | -2.0% |
Isle of Man compared with similar countries
- Isle of Man's 4.64 billion constant LCU is below the median for high income countries, which is 153.70 billion constant LCU, 3% of the median. (83 countries reporting)
- Isle of Man's 4.64 billion constant LCU is below the median for Europe & Central Asia, which is 330.26 billion constant LCU, 1% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 973.43 million constant LCU | 773.07 million constant LCU | 1.21 billion constant LCU | 6 |
| 1990s | 1.53 billion constant LCU | 1.26 billion constant LCU | 2.18 billion constant LCU | 10 |
| 2000s | 3.01 billion constant LCU | 2.29 billion constant LCU | 3.76 billion constant LCU | 10 |
| 2010s | 4.63 billion constant LCU | 3.88 billion constant LCU | 5.23 billion constant LCU | 10 |
| 2020s | 4.77 billion constant LCU | 4.64 billion constant LCU | 4.95 billion constant LCU | 4 |
Countries ranked near Isle of Man
- 189 Liechtenstein 4.82 billion constant LCU compare
- 190 Curacao 4.77 billion constant LCU compare
- 191 Montenegro 4.66 billion constant LCU compare
- 193 Sao Tome and Principe 4.28 billion constant LCU compare
- 194 Liberia 4.19 billion constant LCU compare
- 195 United States Virgin Islands 3.99 billion constant LCU compare
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 gdp in Isle of Man?
- Gdp in Isle of Man was 4.64 billion constant LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Isle of Man?
- The highest recorded value was 5.23 billion constant LCU in 2019.
- What is the lowest gdp recorded in Isle of Man?
- The lowest recorded value was 773.07 million constant LCU in 1984.
- How does Isle of Man rank for gdp?
- Isle of Man ranks 192nd out of 215 countries with data for 2023.
- Is gdp rising or falling in Isle of Man?
- Over the last ten years it is up 4.9%. The long-run trend across the full record is volatile.
- 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 GDP (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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 varies by country. This series is expressed in local currency units.