Manufacturing, value added (current US$) in Isle of Man
Isle of Man: Manufacturing, value added (current US$) was 153.15 million current US$ in 2023. ▼ Falling
Manufacturing, value added in Isle of Man, 2012–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for manufacturing, value added in Isle of Man is 153.15 million current US$, measured in 2023.
That represents a change of up 11.1% on the previous year and down 31.6% over ten years.
Over the whole period, manufacturing, value added in Isle of Man peaked at 240.23 million current US$ in 2012 and was at its lowest, 137.88 million current US$, in 2022.
That places Isle of Man 171st out of 205 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Manufacturing, value added (current US$) in Isle of Man, year by year
| Year | current US$ | Change |
|---|---|---|
| 2012 | 240.23 million current US$ | — |
| 2013 | 223.94 million current US$ | -6.8% |
| 2014 | 204.63 million current US$ | -8.6% |
| 2015 | 189.86 million current US$ | -7.2% |
| 2016 | 165.01 million current US$ | -13.1% |
| 2017 | 145.23 million current US$ | -12.0% |
| 2018 | 161.81 million current US$ | +11.4% |
| 2019 | 156.75 million current US$ | -3.1% |
| 2020 | 163.23 million current US$ | +4.1% |
| 2021 | 162.82 million current US$ | -0.3% |
| 2022 | 137.88 million current US$ | -15.3% |
| 2023 | 153.15 million current US$ | +11.1% |
Isle of Man compared with similar countries
- Isle of Man's 153.15 million current US$ is below the median for high income countries, which is 12.50 billion current US$, 1% of the median. (75 countries reporting)
- Isle of Man's 153.15 million current US$ is below the median for Europe & Central Asia, which is 16.32 billion current US$, 1% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 185.93 million current US$ | 145.23 million current US$ | 240.23 million current US$ | 8 |
| 2020s | 154.27 million current US$ | 137.88 million current US$ | 163.23 million current US$ | 4 |
Countries ranked near Isle of Man
- 168 Belize 211.25 million current US$ compare
- 169 Solomon Islands 159.84 million current US$ compare
- 170 Cape Verde 158.66 million current US$ compare
- 172 Maldives 138.35 million current US$ compare
- 173 Comoros 130.12 million current US$ compare
- 174 Seychelles 129.09 million current US$ compare
More economy & growth data for Isle of Man
- GDP (constant 2015 US$), per unit of GDP 0.9367 constant 2015 US$ per US$ of GDP (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)
- GDP (constant 2015 US$), annual growth rate -2.04 % change on previous year (2023)
- GDP (constant LCU), annual growth rate -2.04 % change on previous year (2023)
- GDP (constant LCU), per capita 55,188 constant LCU per person (2023)
- GDP (constant LCU), per unit of GDP 0.6131 constant LCU per US$ of GDP (2023)
- GDP (current US$), annual growth rate 1.95 % change on previous year (2023)
Frequently asked questions
- What is manufacturing, value added in Isle of Man?
- Manufacturing, value added in Isle of Man was 153.15 million current US$ 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 240.23 million current US$ in 2012.
- What is the lowest manufacturing, value added recorded in Isle of Man?
- The lowest recorded value was 137.88 million current US$ in 2022.
- How does Isle of Man rank for manufacturing, value added?
- Isle of Man ranks 171st out of 205 countries with data for 2023.
- Is manufacturing, value added rising or falling in Isle of Man?
- Over the last ten years it is down 31.6%. The long-run trend across the full record is falling.
- 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 (current US$). 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 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.