Services, value added (current US$), annual growth rate in Isle of Man
Isle of Man: Services, value added (current US$), annual growth rate was 1.97 % change on previous year in 2023. ◆ Volatile
Services, value added (current US$), annual growth rate in Isle of Man, 2013–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, services, value added (current us$), annual growth rate in Isle of Man stood at 1.97 % change on previous year.
The figure is up 167.8% on the previous year and down 58.9% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in Isle of Man peaked at 18.71 % change on previous year in 2021 and was at its lowest, -10.73 % change on previous year, in 2020.
That places Isle of Man 183rd out of 204 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in Isle of Man, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2013 | 4.78 % change on previous year | — |
| 2014 | 10.8 % change on previous year | +125.9% |
| 2015 | -8.23 % change on previous year | -176.2% |
| 2016 | -3.29 % change on previous year | -60.1% |
| 2017 | 1.97 % change on previous year | -159.8% |
| 2018 | 7.05 % change on previous year | +258.7% |
| 2019 | -1.82 % change on previous year | -125.8% |
| 2020 | -10.73 % change on previous year | +490.6% |
| 2021 | 18.71 % change on previous year | -274.4% |
| 2022 | -2.9 % change on previous year | -115.5% |
| 2023 | 1.97 % change on previous year | -167.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.61 % change on previous year | -8.23 % change on previous year | 10.8 % change on previous year | 7 |
| 2020s | 1.76 % change on previous year | -10.73 % change on previous year | 18.71 % change on previous year | 4 |
Countries ranked near Isle of Man
- 180 Puerto Rico 2.83 % change on previous year compare
- 181 Bangladesh 2.79 % change on previous year compare
- 182 Micronesia, Federated States of 2.29 % change on previous year compare
- 184 Bahamas 1.87 % change on previous year compare
- 185 Liberia 1.35 % change on previous year compare
- 186 Brunei Darussalam 1.23 % change on previous year compare
More economy & growth data for Isle of Man
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.6102 constant LCU per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9323 constant 2015 US$ per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 83,917 constant 2015 US$ per person (2023)
- Manufacturing value added to gdp, per capita 0 units per person (2023)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (constant LCU), annual growth -2.01 % change on previous year (2023)
- Gdp worldbank constant usd, per capita 84,315 units per person (2023)
- Gdp worldbank constant usd, per unit of GDP 0.9367 units per US$ of GDP (2023)
- GDP (current US$), per capita 90,015 current US$ per person (2023)
- US dollar per domestic currency (End-of-period (EoP)) 1.35 (2025)
Frequently asked questions
- What is services, value added (current us$), annual growth rate in Isle of Man?
- Services, value added (current us$), annual growth rate in Isle of Man was 1.97 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in Isle of Man?
- The highest recorded value was 18.71 % change on previous year in 2021.
- What is the lowest services, value added (current us$), annual growth rate recorded in Isle of Man?
- The lowest recorded value was -10.73 % change on previous year in 2020.
- How does Isle of Man rank for services, value added (current us$), annual growth rate?
- Isle of Man ranks 183rd out of 204 countries with data for 2023.
- Is services, value added (current us$), annual growth rate rising or falling in Isle of Man?
- Over the last ten years it is down 58.9%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.