Gross value added at basic prices (GVA) in Isle of Man
Isle of Man: Gross value added at basic prices (GVA) was 7.55 billion current US$ in 2023. ▲ Rising
Gross value added at basic prices (GVA) in Isle of Man, 2012–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Isle of Man is 7.55 billion current US$, measured in 2023.
The figure is up 2.0% on the previous year and up 7.9% over ten years.
Over the whole period, gross value added at basic prices (gva) in Isle of Man peaked at 7.91 billion current US$ in 2021 and was at its lowest, 6.66 billion current US$, in 2020.
That places Isle of Man 155th out of 204 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.13 billion current US$ | 6.69 billion current US$ | 7.70 billion current US$ | 8 |
| 2020s | 7.38 billion current US$ | 6.66 billion current US$ | 7.91 billion current US$ | 4 |
Countries ranked near Isle of Man
- 152 Bermuda 8.86 billion current US$ compare
- 153 New Caledonia 8.46 billion current US$ compare
- 154 Liechtenstein 7.97 billion current US$ compare
- 156 Cayman Islands 7.35 billion current US$ compare
- 157 Sierra Leone 7.23 billion current US$ compare
- 158 Montenegro 7.20 billion current 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) 7.06 billion constant 2015 US$ (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 7.55 billion current US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Isle of Man?
- The highest recorded value was 7.91 billion current US$ in 2021.
- What is the lowest gross value added at basic prices (gva) recorded in Isle of Man?
- The lowest recorded value was 6.66 billion current US$ in 2020.
- How does Isle of Man rank for gross value added at basic prices (gva)?
- Isle of Man ranks 155th out of 204 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 7.9%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.