Taxes less subsidies on products (constant LCU), per unit of GDP in Isle of Man
Isle of Man: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.0029 constant LCU per US$ of GDP in 2023. ◆ Volatile
Taxes less subsidies on products (constant LCU), per unit of GDP in Isle of Man, 2012–2023
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (constant lcu), per unit of gdp in Isle of Man is 0.0029 constant LCU per US$ of GDP, measured in 2023.
Compared with earlier readings it is down 11.7% on the previous year and up 937.7% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Isle of Man peaked at 0.0032 constant LCU per US$ of GDP in 2022 and was at its lowest, 0.0002 constant LCU per US$ of GDP, in 2012.
That places Isle of Man 183rd out of 189 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.
Taxes less subsidies on products (constant LCU), per unit of GDP in Isle of Man, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2012 | 0.0002 constant LCU per US$ of GDP | — |
| 2013 | 0.0003 constant LCU per US$ of GDP | +44.0% |
| 2014 | 0.0007 constant LCU per US$ of GDP | +162.8% |
| 2015 | 0.0012 constant LCU per US$ of GDP | +64.0% |
| 2016 | 0.002 constant LCU per US$ of GDP | +63.9% |
| 2017 | 0.002 constant LCU per US$ of GDP | +2.1% |
| 2018 | 0.0019 constant LCU per US$ of GDP | -6.3% |
| 2019 | 0.0026 constant LCU per US$ of GDP | +37.1% |
| 2020 | 0.0023 constant LCU per US$ of GDP | -10.1% |
| 2021 | 0.003 constant LCU per US$ of GDP | +32.3% |
| 2022 | 0.0032 constant LCU per US$ of GDP | +6.7% |
| 2023 | 0.0029 constant LCU per US$ of GDP | -11.7% |
Isle of Man compared with similar countries
- Isle of Man's 0.0029 constant LCU per US$ of GDP is below the median for high income countries, which is 0.0891 constant LCU per US$ of GDP, 3% of the median. (66 countries reporting)
- Isle of Man's 0.0029 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.0947 constant LCU per US$ of GDP, 3% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0013 constant LCU per US$ of GDP | 0.0002 constant LCU per US$ of GDP | 0.0026 constant LCU per US$ of GDP | 8 |
| 2020s | 0.0029 constant LCU per US$ of GDP | 0.0023 constant LCU per US$ of GDP | 0.0032 constant LCU per US$ of GDP | 4 |
Countries ranked near Isle of Man
- 180 Sudan 0.0054 constant LCU per US$ of GDP
- 181 Cuba 0.0039 constant LCU per US$ of GDP compare
- 182 Kiribati 0.003 constant LCU per US$ of GDP compare
- 184 Channel Islands 0 constant LCU per US$ of GDP
- 185 Oman -0.0044 constant LCU per US$ of GDP compare
- 186 East Timor -0.0065 constant LCU per US$ of GDP 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 taxes less subsidies on products (constant lcu), per unit of gdp in Isle of Man?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Isle of Man was 0.0029 constant LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Isle of Man?
- The highest recorded value was 0.0032 constant LCU per US$ of GDP in 2022.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Isle of Man?
- The lowest recorded value was 0.0002 constant LCU per US$ of GDP in 2012.
- How does Isle of Man rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Isle of Man ranks 183rd out of 189 countries with data for 2023.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Isle of Man?
- Over the last ten years it is up 937.7%. 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 Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.