GDP per capita (constant LCU) in Isle of Man
Isle of Man: GDP per capita (constant LCU) was 55,188 constant LCU in 2023. ▲ Rising
GDP per capita in Isle of Man, 1984–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Isle of Man recorded 55,188 constant LCU for gdp per capita in 2023.
That represents a change of down 2.1% on the previous year and up 4.9% over ten years.
Over the whole period, gdp per capita in Isle of Man peaked at 62,254 constant LCU in 2019 and was at its lowest, 11,980 constant LCU, in 1984.
Isle of Man ranks 112th of 215 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 40 years of available data.
GDP per capita (constant LCU) in Isle of Man, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1984 | 11,980 constant LCU | — |
| 1985 | 12,054 constant LCU | +0.6% |
| 1986 | 14,292 constant LCU | +18.6% |
| 1987 | 15,491 constant LCU | +8.4% |
| 1988 | 17,042 constant LCU | +10.0% |
| 1989 | 17,910 constant LCU | +5.1% |
| 1990 | 18,355 constant LCU | +2.5% |
| 1991 | 18,411 constant LCU | +0.3% |
| 1992 | 18,415 constant LCU | +0.0% |
| 1993 | 18,782 constant LCU | +2.0% |
| 1994 | 19,424 constant LCU | +3.4% |
| 1995 | 20,162 constant LCU | +3.8% |
| 1996 | 21,553 constant LCU | +6.9% |
| 1997 | 23,130 constant LCU | +7.3% |
| 1998 | 25,914 constant LCU | +12.0% |
| 1999 | 29,099 constant LCU | +12.3% |
| 2000 | 30,289 constant LCU | +4.1% |
| 2001 | 31,584 constant LCU | +4.3% |
| 2002 | 33,195 constant LCU | +5.1% |
| 2003 | 34,838 constant LCU | +4.9% |
| 2004 | 36,304 constant LCU | +4.2% |
| 2005 | 38,096 constant LCU | +4.9% |
| 2006 | 40,631 constant LCU | +6.7% |
| 2007 | 43,220 constant LCU | +6.4% |
| 2008 | 44,850 constant LCU | +3.8% |
| 2009 | 45,289 constant LCU | +1.0% |
| 2010 | 46,308 constant LCU | +2.2% |
| 2011 | 46,949 constant LCU | +1.4% |
| 2012 | 50,406 constant LCU | +7.4% |
| 2013 | 52,615 constant LCU | +4.4% |
| 2014 | 55,491 constant LCU | +5.5% |
| 2015 | 55,475 constant LCU | -0.0% |
| 2016 | 59,422 constant LCU | +7.1% |
| 2017 | 61,004 constant LCU | +2.7% |
| 2018 | 62,208 constant LCU | +2.0% |
| 2019 | 62,254 constant LCU | +0.1% |
| 2020 | 56,680 constant LCU | -9.0% |
| 2021 | 58,826 constant LCU | +3.8% |
| 2022 | 56,357 constant LCU | -4.2% |
| 2023 | 55,188 constant LCU | -2.1% |
Isle of Man compared with similar countries
- Isle of Man's 55,188 constant LCU is above the median for high income countries, which is 54,263 constant LCU, 1.0× the median. (83 countries reporting)
- Isle of Man's 55,188 constant LCU is above the median for Europe & Central Asia, which is 43,869 constant LCU, 1.3× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 14,795 constant LCU | 11,980 constant LCU | 17,910 constant LCU | 6 |
| 1990s | 21,325 constant LCU | 18,355 constant LCU | 29,099 constant LCU | 10 |
| 2000s | 37,829 constant LCU | 30,289 constant LCU | 45,289 constant LCU | 10 |
| 2010s | 55,213 constant LCU | 46,308 constant LCU | 62,254 constant LCU | 10 |
| 2020s | 56,763 constant LCU | 55,188 constant LCU | 58,826 constant LCU | 4 |
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 gdp per capita in Isle of Man?
- Gdp per capita in Isle of Man was 55,188 constant LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Isle of Man?
- The highest recorded value was 62,254 constant LCU in 2019.
- What is the lowest gdp per capita recorded in Isle of Man?
- The lowest recorded value was 11,980 constant LCU in 1984.
- How does Isle of Man rank for gdp per capita?
- Isle of Man ranks 112th out of 215 countries with data for 2023.
- Is gdp per capita 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 rising.
- 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 per capita (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. The core indicator has been divided by the general population to achieve a per capita estimate.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.