Gross value added at basic prices (GVA) (current US$), annual growth in Isle of Man
Isle of Man: Gross value added at basic prices (GVA) (current US$), annual growth was 1.97 % change on previous year in 2023. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), annual growth in Isle of Man, 2013–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Isle of Man recorded 1.97 % change on previous year for gross value added at basic prices (gva) (current us$), annual growth in 2023.
The figure is up 131.3% on the previous year and down 57.4% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Isle of Man peaked at 18.67 % change on previous year in 2021 and was at its lowest, -8.58 % change on previous year, in 2020.
Isle of Man ranks 179th of 205 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$), annual growth in Isle of Man, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2013 | 4.63 % change on previous year | — |
| 2014 | 10.02 % change on previous year | +116.2% |
| 2015 | -8.15 % change on previous year | -181.3% |
| 2016 | -3.45 % change on previous year | -57.6% |
| 2017 | 1.95 % change on previous year | -156.4% |
| 2018 | 7.34 % change on previous year | +277.2% |
| 2019 | -2.45 % change on previous year | -133.3% |
| 2020 | -8.58 % change on previous year | +250.9% |
| 2021 | 18.67 % change on previous year | -317.5% |
| 2022 | -6.31 % change on previous year | -133.8% |
| 2023 | 1.97 % change on previous year | -131.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.41 % change on previous year | -8.15 % change on previous year | 10.02 % change on previous year | 7 |
| 2020s | 1.44 % change on previous year | -8.58 % change on previous year | 18.67 % change on previous year | 4 |
Countries ranked near Isle of Man
- 176 Bangladesh 2.33 % change on previous year compare
- 177 Australia 2.3 % change on previous year compare
- 178 Azerbaijan 2.26 % change on previous year compare
- 180 Bahamas 1.97 % change on previous year compare
- 181 Saudi Arabia 1.76 % change on previous year compare
- 182 Faroe Islands 1.6 % change on previous year compare
More economy & growth data for Isle of Man
- GDP (constant 2015 US$), annual growth rate -2.04 % change on previous year (2023)
- Gross value added at basic prices (GVA) (constant LCU), per capita 54,927 constant LCU per person (2023)
- GDP (current US$), annual growth rate 1.95 % change on previous year (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)
- Manufacturing value added to gdp, per capita 0 units per person (2023)
- GDP (constant LCU), annual growth rate -2.04 % change on previous year (2023)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in Isle of Man?
- Gross value added at basic prices (gva) (current us$), annual growth in Isle of Man was 1.97 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Isle of Man?
- The highest recorded value was 18.67 % change on previous year in 2021.
- What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Isle of Man?
- The lowest recorded value was -8.58 % change on previous year in 2020.
- How does Isle of Man rank for gross value added at basic prices (gva) (current us$), annual growth?
- Isle of Man ranks 179th out of 205 countries with data for 2023.
- Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Isle of Man?
- Over the last ten years it is down 57.4%. The long-run trend across the full record is volatile.
- 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) (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.