GDP (current LCU), annual growth rate (Country official) in Isle of Man
Isle of Man: GDP (current LCU), annual growth rate (Country official) was 1.1 % change on previous year in 2023. ◆ Volatile
GDP (current LCU), annual growth rate in Isle of Man, 1985–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Isle of Man recorded 1.1 % change on previous year for gdp (current lcu), annual growth rate in 2023.
The figure is down 75.8% on the previous year and down 80.8% over ten years.
Over the whole period, gdp (current lcu), annual growth rate in Isle of Man peaked at 44.48 % change on previous year in 2008 and was at its lowest, -9.02 % change on previous year, in 2020.
Isle of Man ranks 202nd of 212 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 (current LCU), annual growth rate (Country official) in Isle of Man, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1985 | 5.76 % change on previous year | — |
| 1986 | 21.69 % change on previous year | +276.4% |
| 1987 | 15.8 % change on previous year | -27.2% |
| 1988 | 16.79 % change on previous year | +6.3% |
| 1989 | 14.84 % change on previous year | -11.6% |
| 1990 | 13.62 % change on previous year | -8.2% |
| 1991 | 8.61 % change on previous year | -36.8% |
| 1992 | 4.57 % change on previous year | -46.9% |
| 1993 | 4.81 % change on previous year | +5.2% |
| 1994 | 6.64 % change on previous year | +38.0% |
| 1995 | 7.35 % change on previous year | +10.6% |
| 1996 | 10.47 % change on previous year | +42.5% |
| 1997 | 11.47 % change on previous year | +9.6% |
| 1998 | 16.21 % change on previous year | +41.3% |
| 1999 | 16.31 % change on previous year | +0.6% |
| 2000 | 8.78 % change on previous year | -46.2% |
| 2001 | 9.55 % change on previous year | +8.8% |
| 2002 | 8.84 % change on previous year | -7.5% |
| 2003 | 9.36 % change on previous year | +5.9% |
| 2004 | 10.93 % change on previous year | +16.8% |
| 2005 | 8.97 % change on previous year | -18.0% |
| 2006 | 11.54 % change on previous year | +28.6% |
| 2007 | 20 % change on previous year | +73.3% |
| 2008 | 44.48 % change on previous year | +122.5% |
| 2009 | 9.21 % change on previous year | -79.3% |
| 2010 | 8.78 % change on previous year | -4.7% |
| 2011 | 6.95 % change on previous year | -20.9% |
| 2012 | 3.35 % change on previous year | -51.8% |
| 2013 | 5.74 % change on previous year | +71.3% |
| 2014 | 4.61 % change on previous year | -19.8% |
| 2015 | -1.01 % change on previous year | -121.9% |
| 2016 | 9.34 % change on previous year | -1024.7% |
| 2017 | 6.95 % change on previous year | -25.6% |
| 2018 | 3.54 % change on previous year | -49.0% |
| 2019 | 2.06 % change on previous year | -41.9% |
| 2020 | -9.02 % change on previous year | -538.2% |
| 2021 | 10.6 % change on previous year | -217.5% |
| 2022 | 4.55 % change on previous year | -57.1% |
| 2023 | 1.1 % change on previous year | -75.8% |
Isle of Man compared with similar countries
- Isle of Man's 1.1 % change on previous year is below the median for high income countries, which is 5.03 % change on previous year, 22% of the median. (82 countries reporting)
- Isle of Man's 1.1 % change on previous year is below the median for Europe & Central Asia, which is 5.91 % change on previous year, 19% of the median. (56 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU), annual growth rate (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 |
|---|---|---|---|
| 2016 | +1024.7% | -1.01 % change on previous year | 9.34 % change on previous year |
| 2020 | -538.2% | 2.06 % change on previous year | -9.02 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 14.98 % change on previous year | 5.76 % change on previous year | 21.69 % change on previous year | 5 |
| 1990s | 10.01 % change on previous year | 4.57 % change on previous year | 16.31 % change on previous year | 10 |
| 2000s | 14.17 % change on previous year | 8.78 % change on previous year | 44.48 % change on previous year | 10 |
| 2010s | 5.03 % change on previous year | -1.01 % change on previous year | 9.34 % change on previous year | 10 |
| 2020s | 1.81 % change on previous year | -9.02 % change on previous year | 10.6 % change on previous year | 4 |
Countries ranked near Isle of Man
- 199 Switzerland 1.59 % change on previous year compare
- 200 Thailand 1.55 % change on previous year compare
- 201 Trinidad and Tobago 1.19 % change on previous year compare
- 203 Qatar -0.3398 % change on previous year compare
- 204 Congo -0.4452 % change on previous year compare
- 205 Mozambique -1.54 % 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 (current lcu), annual growth rate in Isle of Man?
- Gdp (current lcu), annual growth rate in Isle of Man was 1.1 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gdp (current lcu), annual growth rate recorded in Isle of Man?
- The highest recorded value was 44.48 % change on previous year in 2008.
- What is the lowest gdp (current lcu), annual growth rate recorded in Isle of Man?
- The lowest recorded value was -9.02 % change on previous year in 2020.
- How does Isle of Man rank for gdp (current lcu), annual growth rate?
- Isle of Man ranks 202nd out of 212 countries with data for 2023.
- Is gdp (current lcu), annual growth rate rising or falling in Isle of Man?
- Over the last ten years it is down 80.8%. 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 (current 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 (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.