Gross value added at basic prices (GVA) (constant) … unit GDP constant in Isle of Man
Isle of Man: Gross value added at basic prices (GVA) (constant) … unit GDP constant was 0.6102 constant LCU per US$ of GDP in 2023. ▬ Flat
Gross value added at basic prices (GVA) (constant LCU), per unit of in Isle of Man, 2012–2023
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant lcu), per unit of in Isle of Man is 0.6102 constant LCU per US$ of GDP, measured in 2023.
That represents a change of down 3.9% on the previous year and down 3.5% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), per unit of in Isle of Man peaked at 0.7288 constant LCU per US$ of GDP in 2017 and was at its lowest, 0.6032 constant LCU per US$ of GDP, in 2014.
Isle of Man ranks 176th of 196 countries on this measure, in the bottom quarter.
Gross value added at basic prices (GVA) (constant) … unit GDP constant in Isle of Man, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2012 | 0.6352 constant LCU per US$ of GDP | — |
| 2013 | 0.6321 constant LCU per US$ of GDP | -0.5% |
| 2014 | 0.6032 constant LCU per US$ of GDP | -4.6% |
| 2015 | 0.6534 constant LCU per US$ of GDP | +8.3% |
| 2016 | 0.7225 constant LCU per US$ of GDP | +10.6% |
| 2017 | 0.7288 constant LCU per US$ of GDP | +0.9% |
| 2018 | 0.694 constant LCU per US$ of GDP | -4.8% |
| 2019 | 0.712 constant LCU per US$ of GDP | +2.6% |
| 2020 | 0.7105 constant LCU per US$ of GDP | -0.2% |
| 2021 | 0.6208 constant LCU per US$ of GDP | -12.6% |
| 2022 | 0.6349 constant LCU per US$ of GDP | +2.3% |
| 2023 | 0.6102 constant LCU per US$ of GDP | -3.9% |
Isle of Man compared with similar countries
- Isle of Man's 0.6102 constant LCU per US$ of GDP is below the median for high income countries, which is 0.8613 constant LCU per US$ of GDP, 71% of the median. (70 countries reporting)
- Isle of Man's 0.6102 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.7047 constant LCU per US$ of GDP, 87% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.6726 constant LCU per US$ of GDP | 0.6032 constant LCU per US$ of GDP | 0.7288 constant LCU per US$ of GDP | 8 |
| 2020s | 0.6441 constant LCU per US$ of GDP | 0.6102 constant LCU per US$ of GDP | 0.7105 constant LCU per US$ of GDP | 4 |
Countries ranked near Isle of Man
- 173 Greece 0.628 constant LCU per US$ of GDP compare
- 174 Luxembourg 0.615 constant LCU per US$ of GDP compare
- 175 Slovakia 0.6108 constant LCU per US$ of GDP compare
- 177 Jordan 0.6096 constant LCU per US$ of GDP compare
- 178 Portugal 0.6088 constant LCU per US$ of GDP compare
- 179 Slovenia 0.6037 constant LCU per US$ of GDP compare
More economy & growth data for Isle of Man
- Gross value added at basic prices (GVA) (current US$), per capita 89,751 current US$ per person (2023)
- Gross value added at basic prices (GVA) (constant LCU), per capita 54,927 constant LCU per person (2023)
- Gross value added at basic prices (GVA) (constant LCU), annual growth -2.01 % change on previous year (2023)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 83,917 constant 2015 US$ per person (2023)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9323 constant 2015 US$ per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual -2.01 % change on previous year (2023)
- Gross value added at basic prices (GVA) (current LCU), per capita 72,208 current LCU per person (2023)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8022 current LCU per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.12 % change on previous year (2023)
- Services, value added (constant 2015 US$), per unit of GDP 0.8898 constant 2015 US$ per US$ of GDP (2023)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), per unit of in Isle of Man?
- Gross value added at basic prices (gva) (constant lcu), per unit of in Isle of Man was 0.6102 constant LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Isle of Man?
- The highest recorded value was 0.7288 constant LCU per US$ of GDP in 2017.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Isle of Man?
- The lowest recorded value was 0.6032 constant LCU per US$ of GDP in 2014.
- How does Isle of Man rank for gross value added at basic prices (gva) (constant lcu), per unit of?
- Isle of Man ranks 176th out of 196 countries with data for 2023.
- Is gross value added at basic prices (gva) (constant lcu), per unit of rising or falling in Isle of Man?
- Over the last ten years it is down 3.5%. The long-run trend across the full record is flat.
- Where does this Isle of Man data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- 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
Gross value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.