Manufacturing, value added in Isle of Man
Isle of Man: Manufacturing, value added was 6.7% in 2023. ◆ Volatile
Manufacturing, value added in Isle of Man, 2013–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Isle of Man recorded 6.7% for manufacturing, value added in 2023. That is the highest value across all 11 years on record.
The figure is up 150.3% on the previous year and up 193.0% over ten years.
Over the whole period, manufacturing, value added in Isle of Man peaked at 6.7% in 2023 and was at its lowest, -13.4%, in 2022.
Isle of Man ranks 35th of 192 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Isle of Man, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2013 | -7.2% | — |
| 2014 | -12.7% | +75.9% |
| 2015 | 0.6% | -104.4% |
| 2016 | -3.8% | -785.0% |
| 2017 | -11.2% | +194.6% |
| 2018 | 6.1% | -154.3% |
| 2019 | -0.5% | -108.8% |
| 2020 | 3.9% | -828.3% |
| 2021 | -12.9% | -430.8% |
| 2022 | -13.4% | +4.1% |
| 2023 | 6.7% | -150.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -4.1% | -12.7% | 6.1% | 7 |
| 2020s | -3.9% | -13.4% | 6.7% | 4 |
Countries ranked near Isle of Man
- 32 Trinidad and Tobago 7.6% compare
- 33 Gambia 7.4% compare
- 34 Zambia 7.1% compare
- 36 Kazakhstan 6.4% compare
- 37 Papua New Guinea 6.3% compare
- 38 Uruguay 6.2% compare
More economy & growth data for Isle of Man
- GNI, Atlas method (current US$), annual growth rate 10.99 % change on previous year (2023)
- GDP (constant 2015 US$), per capita 84,315 constant 2015 US$ per person (2023)
- GDP (constant LCU), annual growth rate -2.04 % change on previous year (2023)
- GDP (constant LCU), per unit of GDP 0.6131 constant LCU per US$ of GDP (2023)
- GDP (constant LCU), per capita 55,188 constant LCU per person (2023)
- GNI, Atlas method (current US$), per capita 87,033 current US$ per person (2023)
- GNI (current US$), per unit of GDP 0.963 current US$ per US$ of GDP (2023)
- GNI (current US$), annual growth rate 12.17 % change on previous year (2023)
- GDP (constant 2015 US$), per unit of GDP 0.9367 constant 2015 US$ per US$ of GDP (2023)
- GNI, Atlas method (current US$), per unit of GDP 0.9669 current US$ per US$ of GDP (2023)
Frequently asked questions
- What is manufacturing, value added in Isle of Man?
- Manufacturing, value added in Isle of Man was 6.7% in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Isle of Man?
- The highest recorded value was 6.7% in 2023.
- What is the lowest manufacturing, value added recorded in Isle of Man?
- The lowest recorded value was -13.4% in 2022.
- How does Isle of Man rank for manufacturing, value added?
- Isle of Man ranks 35th out of 192 countries with data for 2023.
- Is manufacturing, value added rising or falling in Isle of Man?
- Over the last ten years it is up 193.0%. 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 Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.