Inflation, GDP deflator in Isle of Man
Isle of Man: Inflation, GDP deflator was 3.2% in 2023. ◆ Volatile
Inflation, GDP deflator in Isle of Man, 1985–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
In 2023, inflation, gdp deflator in Isle of Man stood at 3.2%.
The figure is down 64.8% on the previous year and up 108.4% over ten years.
Over the whole period, inflation, gdp deflator in Isle of Man peaked at 37.7% in 2008 and was at its lowest, -3.7%, in 2012.
Isle of Man ranks 112th of 214 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Isle of Man, year by year
| Year | annual % | Change |
|---|---|---|
| 1985 | 5.3% | — |
| 1986 | 2.2% | -59.2% |
| 1987 | 5.4% | +147.3% |
| 1988 | 4.4% | -17.4% |
| 1989 | 7.5% | +68.5% |
| 1990 | 9.0% | +21.0% |
| 1991 | 6.9% | -23.9% |
| 1992 | 3.7% | -45.7% |
| 1993 | 2.2% | -42.4% |
| 1994 | 2.5% | +17.9% |
| 1995 | 2.9% | +14.9% |
| 1996 | 2.6% | -12.0% |
| 1997 | 2.6% | +2.9% |
| 1998 | 2.4% | -9.7% |
| 1999 | 2.3% | -3.9% |
| 2000 | 3.3% | +44.1% |
| 2001 | 3.9% | +19.3% |
| 2002 | 2.5% | -37.0% |
| 2003 | 3.2% | +27.5% |
| 2004 | 5.4% | +72.1% |
| 2005 | 2.9% | -46.8% |
| 2006 | 3.6% | +22.9% |
| 2007 | 11.6% | +226.4% |
| 2008 | 37.7% | +224.6% |
| 2009 | 7.0% | -81.5% |
| 2010 | 5.2% | -25.3% |
| 2011 | 4.9% | -6.8% |
| 2012 | -3.7% | -175.9% |
| 2013 | 1.5% | -141.7% |
| 2014 | -0.5% | -134.0% |
| 2015 | -0.6% | +20.1% |
| 2016 | 2.2% | -456.7% |
| 2017 | 4.0% | +78.8% |
| 2018 | 1.3% | -67.5% |
| 2019 | 1.8% | +38.5% |
| 2020 | -0.2% | -111.4% |
| 2021 | 6.5% | -3265.6% |
| 2022 | 9.1% | +39.7% |
| 2023 | 3.2% | -64.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.0% | 2.2% | 7.5% | 5 |
| 1990s | 3.7% | 2.2% | 9.0% | 10 |
| 2000s | 8.1% | 2.5% | 37.7% | 10 |
| 2010s | 1.6% | -3.7% | 5.2% | 10 |
| 2020s | 4.7% | -0.2% | 9.1% | 4 |
Countries ranked near Isle of Man
- 109 Luxembourg 3.2% compare
- 110 Côte d'Ivoire 3.2% compare
- 111 Micronesia, Federated States of 3.2% compare
- 113 Bhutan 3.2% compare
- 114 Austria 3.2% compare
- 115 Republic of Korea 3.1% compare
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 inflation, gdp deflator in Isle of Man?
- Inflation, gdp deflator in Isle of Man was 3.2% in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Isle of Man?
- The highest recorded value was 37.7% in 2008.
- What is the lowest inflation, gdp deflator recorded in Isle of Man?
- The lowest recorded value was -3.7% in 2012.
- How does Isle of Man rank for inflation, gdp deflator?
- Isle of Man ranks 112th out of 214 countries with data for 2023.
- Is inflation, gdp deflator rising or falling in Isle of Man?
- Over the last ten years it is up 108.4%. 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 Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.