GDP in Isle of Man
Isle of Man: GDP was 6.10 billion current LCU in 2023. ◆ Volatile
GDP in Isle of Man, 1984–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2023, gdp in Isle of Man stood at 6.10 billion current LCU. That is the highest value across all 40 years on record.
That represents a change of up 1.1% on the previous year and up 36.1% over ten years.
Over the whole period, gdp in Isle of Man peaked at 6.10 billion current LCU in 2023 and was at its lowest, 188.85 million current LCU, in 1984.
That places Isle of Man 193rd out of 214 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Isle of Man, year by year
| Year | current LCU | Change |
|---|---|---|
| 1984 | 188.85 million current LCU | — |
| 1985 | 199.73 million current LCU | +5.8% |
| 1986 | 243.06 million current LCU | +21.7% |
| 1987 | 281.46 million current LCU | +15.8% |
| 1988 | 328.72 million current LCU | +16.8% |
| 1989 | 377.49 million current LCU | +14.8% |
| 1990 | 428.88 million current LCU | +13.6% |
| 1991 | 465.80 million current LCU | +8.6% |
| 1992 | 487.09 million current LCU | +4.6% |
| 1993 | 510.53 million current LCU | +4.8% |
| 1994 | 544.45 million current LCU | +6.6% |
| 1995 | 584.44 million current LCU | +7.3% |
| 1996 | 645.62 million current LCU | +10.5% |
| 1997 | 719.68 million current LCU | +11.5% |
| 1998 | 836.34 million current LCU | +16.2% |
| 1999 | 972.73 million current LCU | +16.3% |
| 2000 | 1.06 billion current LCU | +8.8% |
| 2001 | 1.16 billion current LCU | +9.6% |
| 2002 | 1.26 billion current LCU | +8.8% |
| 2003 | 1.38 billion current LCU | +9.4% |
| 2004 | 1.53 billion current LCU | +10.9% |
| 2005 | 1.67 billion current LCU | +9.0% |
| 2006 | 1.86 billion current LCU | +11.5% |
| 2007 | 2.23 billion current LCU | +20.0% |
| 2008 | 3.23 billion current LCU | +44.5% |
| 2009 | 3.52 billion current LCU | +9.2% |
| 2010 | 3.83 billion current LCU | +8.8% |
| 2011 | 4.10 billion current LCU | +7.0% |
| 2012 | 4.24 billion current LCU | +3.4% |
| 2013 | 4.48 billion current LCU | +5.7% |
| 2014 | 4.68 billion current LCU | +4.6% |
| 2015 | 4.64 billion current LCU | -1.0% |
| 2016 | 5.07 billion current LCU | +9.3% |
| 2017 | 5.42 billion current LCU | +7.0% |
| 2018 | 5.62 billion current LCU | +3.5% |
| 2019 | 5.73 billion current LCU | +2.1% |
| 2020 | 5.21 billion current LCU | -9.0% |
| 2021 | 5.77 billion current LCU | +10.6% |
| 2022 | 6.03 billion current LCU | +4.6% |
| 2023 | 6.10 billion current LCU | +1.1% |
Isle of Man compared with similar countries
- Isle of Man's 6.10 billion current LCU is below the median for high income countries, which is 211.72 billion current LCU, 3% of the median. (82 countries reporting)
- Isle of Man's 6.10 billion current LCU is below the median for Europe & Central Asia, which is 433.17 billion current LCU, 1% of the median. (56 countries reporting)
Biggest year-on-year movements
Years where GDP 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 |
|---|---|---|---|
| 2008 | +44.5% | 2.23 billion current LCU | 3.23 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 269.88 million current LCU | 188.85 million current LCU | 377.49 million current LCU | 6 |
| 1990s | 619.56 million current LCU | 428.88 million current LCU | 972.73 million current LCU | 10 |
| 2000s | 1.89 billion current LCU | 1.06 billion current LCU | 3.52 billion current LCU | 10 |
| 2010s | 4.78 billion current LCU | 3.83 billion current LCU | 5.73 billion current LCU | 10 |
| 2020s | 5.78 billion current LCU | 5.21 billion current LCU | 6.10 billion current LCU | 4 |
Countries ranked near Isle of Man
- 190 Cayman Islands 6.47 billion current LCU compare
- 191 Curacao 6.37 billion current LCU compare
- 192 Antigua and Barbuda 6.31 billion current LCU compare
- 194 Liberia 5.25 billion current LCU compare
- 195 United States Virgin Islands 4.67 billion current LCU compare
- 196 Andorra 3.98 billion current LCU compare
More economy & growth data for Isle of Man
- GDP (constant 2015 US$), per capita 84,315 constant 2015 US$ 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$), annual growth rate -2.04 % change on previous year (2023)
- GDP (constant 2015 US$), per unit of GDP 0.9367 constant 2015 US$ per US$ of GDP (2023)
- GDP (constant LCU), per unit of GDP 0.6131 constant LCU per US$ of GDP (2023)
- GNI, Atlas method (current US$), annual growth rate 10.99 % change on previous year (2023)
- GDP (constant LCU), per capita 55,188 constant LCU per person (2023)
- GDP (current US$), per capita 90,015 current US$ per person (2023)
Frequently asked questions
- What is gdp in Isle of Man?
- Gdp in Isle of Man was 6.10 billion current 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 6.10 billion current LCU in 2023.
- What is the lowest gdp recorded in Isle of Man?
- The lowest recorded value was 188.85 million current LCU in 1984.
- How does Isle of Man rank for gdp?
- Isle of Man ranks 193rd out of 214 countries with data for 2023.
- Is gdp rising or falling in Isle of Man?
- Over the last ten years it is up 36.1%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.