Gross value added at basic prices (GVA) in Isle of Man
Isle of Man: Gross value added at basic prices (GVA) was 7.06 billion constant 2015 US$ in 2023. ▲ Rising
Gross value added at basic prices (GVA) in Isle of Man, 2012–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2023, gross value added at basic prices (gva) in Isle of Man stood at 7.06 billion constant 2015 US$.
That represents a change of down 2.0% on the previous year and up 4.5% over ten years.
Over the whole period, gross value added at basic prices (gva) in Isle of Man peaked at 7.96 billion constant 2015 US$ in 2019 and was at its lowest, 6.49 billion constant 2015 US$, in 2012.
That places Isle of Man 151st out of 192 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.33 billion constant 2015 US$ | 6.49 billion constant 2015 US$ | 7.96 billion constant 2015 US$ | 8 |
| 2020s | 7.26 billion constant 2015 US$ | 7.06 billion constant 2015 US$ | 7.52 billion constant 2015 US$ | 4 |
Countries ranked near Isle of Man
- 148 Moldova 8.40 billion constant 2015 US$ compare
- 149 Mauritania 7.88 billion constant 2015 US$ compare
- 150 Bermuda 7.27 billion constant 2015 US$ compare
- 152 Maldives 5.98 billion constant 2015 US$ compare
- 153 Cayman Islands 5.96 billion constant 2015 US$ compare
- 154 Barbados 5.89 billion constant 2015 US$ compare
More economy & growth data for Isle of Man
- GDP growth -2.0% (2023)
- GDP per capita 55,188 constant LCU (2023)
- GDP per capita growth -2.1% (2023)
- GDP per capita 84,315 constant 2015 US$ (2023)
- GDP per capita 72,421 current LCU (2023)
- GDP per capita 90,015 current US$ (2023)
- GDP 4.64 billion constant LCU (2023)
- Gross value added at basic prices (GVA) 6.08 billion current LCU (2023)
- Gross value added at basic prices (GVA) 4.62 billion constant LCU (2023)
- GDP 7.58 billion current US$ (2023)
Frequently asked questions
- What is gross value added at basic prices (gva) in Isle of Man?
- Gross value added at basic prices (gva) in Isle of Man was 7.06 billion constant 2015 US$ in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Isle of Man?
- The highest recorded value was 7.96 billion constant 2015 US$ in 2019.
- What is the lowest gross value added at basic prices (gva) recorded in Isle of Man?
- The lowest recorded value was 6.49 billion constant 2015 US$ in 2012.
- How does Isle of Man rank for gross value added at basic prices (gva)?
- Isle of Man ranks 151st out of 192 countries with data for 2023.
- Is gross value added at basic prices (gva) rising or falling in Isle of Man?
- Over the last ten years it is up 4.5%. 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 Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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 is 2015. This indicator is expressed in United States dollars.