Services, value added (constant LCU), annual growth rate in Isle of Man
Isle of Man: Services, value added (constant LCU), annual growth rate was -2.02 % change on previous year in 2023. ◆ Volatile
Services, value added (constant LCU), annual growth rate in Isle of Man, 2013–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, services, value added (constant lcu), annual growth rate in Isle of Man stood at -2.02 % change on previous year.
The figure is down 194.1% on the previous year and down 147.2% over ten years.
Over the whole period, services, value added (constant lcu), annual growth rate in Isle of Man peaked at 7.04 % change on previous year in 2016 and was at its lowest, -10.94 % change on previous year, in 2020.
Isle of Man ranks 191st of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant LCU), annual growth rate in Isle of Man, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2013 | 4.28 % change on previous year | — |
| 2014 | 5.82 % change on previous year | +36.2% |
| 2015 | -0.5384 % change on previous year | -109.2% |
| 2016 | 7.04 % change on previous year | -1407.6% |
| 2017 | 2.85 % change on previous year | -59.5% |
| 2018 | 1.94 % change on previous year | -31.9% |
| 2019 | 0.8119 % change on previous year | -58.2% |
| 2020 | -10.94 % change on previous year | -1447.5% |
| 2021 | 3.7 % change on previous year | -133.9% |
| 2022 | -0.6863 % change on previous year | -118.5% |
| 2023 | -2.02 % change on previous year | +194.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.17 % change on previous year | -0.5384 % change on previous year | 7.04 % change on previous year | 7 |
| 2020s | -2.49 % change on previous year | -10.94 % change on previous year | 3.7 % change on previous year | 4 |
Countries ranked near Isle of Man
- 188 Brunei Darussalam -1.1 % change on previous year compare
- 189 Micronesia, Federated States of -1.57 % change on previous year compare
- 190 Mozambique -1.96 % change on previous year compare
- 192 Myanmar -2.14 % change on previous year compare
- 193 Yemen -2.29 % change on previous year compare
- 194 Haiti -2.69 % change on previous year 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 services, value added (constant lcu), annual growth rate in Isle of Man?
- Services, value added (constant lcu), annual growth rate in Isle of Man was -2.02 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), annual growth rate recorded in Isle of Man?
- The highest recorded value was 7.04 % change on previous year in 2016.
- What is the lowest services, value added (constant lcu), annual growth rate recorded in Isle of Man?
- The lowest recorded value was -10.94 % change on previous year in 2020.
- How does Isle of Man rank for services, value added (constant lcu), annual growth rate?
- Isle of Man ranks 191st out of 196 countries with data for 2023.
- Is services, value added (constant lcu), annual growth rate rising or falling in Isle of Man?
- Over the last ten years it is down 147.2%. 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 Services, value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added 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 Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.