GDP per capita growth in Isle of Man
Isle of Man: GDP per capita growth was -2.1% in 2023. ◆ Volatile
GDP per capita growth in Isle of Man, 1985–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
In 2023, gdp per capita growth in Isle of Man stood at -2.1%.
Compared with earlier readings it is up 50.6% on the previous year and down 147.3% over ten years.
Over the whole period, gdp per capita growth in Isle of Man peaked at 18.6% in 1986 and was at its lowest, -9.0%, in 2020.
That places Isle of Man 202nd out of 215 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 per capita growth in Isle of Man, year by year
| Year | annual % | Change |
|---|---|---|
| 1985 | 0.6% | — |
| 1986 | 18.6% | +2909.0% |
| 1987 | 8.4% | -54.8% |
| 1988 | 10.0% | +19.4% |
| 1989 | 5.1% | -49.1% |
| 1990 | 2.5% | -51.2% |
| 1991 | 0.3% | -87.7% |
| 1992 | 0.0% | -93.8% |
| 1993 | 2.0% | +10310.3% |
| 1994 | 3.4% | +71.7% |
| 1995 | 3.8% | +11.0% |
| 1996 | 6.9% | +81.8% |
| 1997 | 7.3% | +6.0% |
| 1998 | 12.0% | +64.5% |
| 1999 | 12.3% | +2.1% |
| 2000 | 4.1% | -66.7% |
| 2001 | 4.3% | +4.5% |
| 2002 | 5.1% | +19.4% |
| 2003 | 4.9% | -3.0% |
| 2004 | 4.2% | -15.0% |
| 2005 | 4.9% | +17.3% |
| 2006 | 6.7% | +34.9% |
| 2007 | 6.4% | -4.3% |
| 2008 | 3.8% | -40.8% |
| 2009 | 1.0% | -74.0% |
| 2010 | 2.2% | +129.5% |
| 2011 | 1.4% | -38.4% |
| 2012 | 7.4% | +431.8% |
| 2013 | 4.4% | -40.5% |
| 2014 | 5.5% | +24.8% |
| 2015 | -0.0% | -100.5% |
| 2016 | 7.1% | -24168.5% |
| 2017 | 2.7% | -62.6% |
| 2018 | 2.0% | -25.8% |
| 2019 | 0.1% | -96.3% |
| 2020 | -9.0% | -12302.1% |
| 2021 | 3.8% | -142.3% |
| 2022 | -4.2% | -210.9% |
| 2023 | -2.1% | -50.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.5% | 0.6% | 18.6% | 5 |
| 1990s | 5.1% | 0.0% | 12.3% | 10 |
| 2000s | 4.5% | 1.0% | 6.7% | 10 |
| 2010s | 3.3% | -0.0% | 7.4% | 10 |
| 2020s | -2.9% | -9.0% | 3.8% | 4 |
Countries ranked near Isle of Man
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 per capita growth in Isle of Man?
- Gdp per capita growth in Isle of Man was -2.1% in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita growth recorded in Isle of Man?
- The highest recorded value was 18.6% in 1986.
- What is the lowest gdp per capita growth recorded in Isle of Man?
- The lowest recorded value was -9.0% in 2020.
- How does Isle of Man rank for gdp per capita growth?
- Isle of Man ranks 202nd out of 215 countries with data for 2023.
- Is gdp per capita growth rising or falling in Isle of Man?
- Over the last ten years it is down 147.3%. 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 per capita growth (annual %). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.