Taxes less subsidies on products (current US$), per unit of GDP in Isle of Man
Isle of Man: Taxes less subsidies on products (current US$), per unit of GDP was 0.0029 current US$ per US$ of GDP in 2023. ▲ Rising
Taxes less subsidies on products (current US$), per unit of GDP in Isle of Man, 2012–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2023, taxes less subsidies on products (current us$), per unit of gdp in Isle of Man stood at 0.0029 current US$ per US$ of GDP.
The figure is down 7.2% on the previous year and up 558.1% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Isle of Man peaked at 0.0036 current US$ per US$ of GDP in 2019 and was at its lowest, 0.0003 current US$ per US$ of GDP, in 2012.
That places Isle of Man 189th out of 197 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP in Isle of Man, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2012 | 0.0003 current US$ per US$ of GDP | — |
| 2013 | 0.0004 current US$ per US$ of GDP | +44.6% |
| 2014 | 0.0012 current US$ per US$ of GDP | +175.1% |
| 2015 | 0.0018 current US$ per US$ of GDP | +48.3% |
| 2016 | 0.0027 current US$ per US$ of GDP | +48.1% |
| 2017 | 0.0027 current US$ per US$ of GDP | +1.2% |
| 2018 | 0.0027 current US$ per US$ of GDP | -1.6% |
| 2019 | 0.0036 current US$ per US$ of GDP | +33.5% |
| 2020 | 0.0032 current US$ per US$ of GDP | -11.6% |
| 2021 | 0.0031 current US$ per US$ of GDP | -3.4% |
| 2022 | 0.0032 current US$ per US$ of GDP | +3.3% |
| 2023 | 0.0029 current US$ per US$ of GDP | -7.2% |
Isle of Man compared with similar countries
- Isle of Man's 0.0029 current US$ per US$ of GDP is below the median for high income countries, which is 0.0948 current US$ per US$ of GDP, 3% of the median. (74 countries reporting)
- Isle of Man's 0.0029 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.1078 current US$ per US$ of GDP, 3% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0019 current US$ per US$ of GDP | 0.0003 current US$ per US$ of GDP | 0.0036 current US$ per US$ of GDP | 8 |
| 2020s | 0.0031 current US$ per US$ of GDP | 0.0029 current US$ per US$ of GDP | 0.0032 current US$ per US$ of GDP | 4 |
Countries ranked near Isle of Man
- 186 Cuba 0.0071 current US$ per US$ of GDP compare
- 187 Japan 0.0058 current US$ per US$ of GDP compare
- 188 Qatar 0.0056 current US$ per US$ of GDP compare
- 190 Macau, China 0.0023 current US$ per US$ of GDP compare
- 191 Venezuela, Bolivarian Republic of 0 current US$ per US$ of GDP
- 192 Oman -0.0054 current US$ 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 (current us$), per unit of gdp in Isle of Man?
- Taxes less subsidies on products (current us$), per unit of gdp in Isle of Man was 0.0029 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Isle of Man?
- The highest recorded value was 0.0036 current US$ per US$ of GDP in 2019.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Isle of Man?
- The lowest recorded value was 0.0003 current US$ per US$ of GDP in 2012.
- How does Isle of Man rank for taxes less subsidies on products (current us$), per unit of gdp?
- Isle of Man ranks 189th out of 197 countries with data for 2023.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Isle of Man?
- Over the last ten years it is up 558.1%. The long-run trend across the full record is rising.
- Where does this Isle of Man data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.