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Isle of Man — GDP growth

Also known as economic growth rate, GDP growth rate, annual growth of the economy, growth rate.

GDP Growth (Annual %) for Isle of Man, 1985–2023.

Latest value · 2023
-2.04%
GDP Growth (Annual %) · annual % · -585.8% since 1985
Free for any use — attribution is the link itself.

GDP growth for Isle of Man was -2.04% in 2023, according to the latest World Bank data. The series covers 39 years, from 1985 to 2023. The highest recorded value was 19.11% in 1986. The lowest was -8.84% in 2020 (about 4.3× the latest value).

Isle of Man ranks 206 of 212 economies on this measure (1 = highest), putting it in the top 97%. The median for Europe & Central Asia is 2.03%, so Isle of Man sits below it. It peaked in 1986 and has fallen 111% since. Over the last decade (2013–2023) the figure moved down 149%. Within Europe & Central Asia it ranks 57 of 57 economies; Liechtenstein (-1.16%) is just above it. Its sharpest one-year move was up 4461% in 1986. That is 325% below this series' own ten-year average.

Data highlights

From its 1985 level: doubled by 1986; grown tenfold by 1986.

World ranking. Slipped: 133rd of 168 in 1985 → 67th of 176 in 1990 → 66th of 199 in 2000 → 113th of 209 in 2010 → 163rd of 209 in 2020 → 198th of 204 in 2023.

Adjacent in the latest world ranking (206 of 212): Myanmar (#205) · Iraq (#207).

Key figures

Latest (2023)
-2.04%
First (1985)
0.42%
Change
-585.8%
Highest
19.11%
in 1986
Lowest
-8.84%
in 2020
Average
4.82%
Annual growth (CAGR)
—
Years of data
39

Recent published years. 2023 — -2.04% · 2022 — -4.17% · 2021 — 3.84% · 2020 — -8.84% · 2019 — 0.25%.

Full history — 1985 to 2023

All 39 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Isle of Man — GDP growth
Yearannual %Change
2023-2.04%+2.1 pp
2022-4.17%-8.0 pp
20213.84%+12.7 pp
2020-8.84%-9.1 pp
20190.25%-2.0 pp
20182.21%-0.6 pp
20172.84%-4.1 pp
20166.95%+7.3 pp
2015-0.39%-5.5 pp
20145.16%+1.0 pp
20134.14%-3.2 pp
20127.3%+5.3 pp
20112%-1.4 pp
20103.4%+1.3 pp
20092.1%-2.8 pp
20084.9%-2.6 pp
20077.5%-0.2 pp
20067.7%+1.8 pp
20055.9%+0.7 pp
20045.2%-0.8 pp
20036%-0.2 pp
20026.2%+0.8 pp
20015.4%+0.1 pp
20005.3%-8.4 pp
199913.7%+0.2 pp
199813.5%+4.9 pp
19978.6%+0.9 pp
19967.7%+3.4 pp
19954.3%+0.3 pp
19944%+1.4 pp
19932.6%+1.8 pp
19920.8%-0.8 pp
19911.6%-2.6 pp
19904.19%-2.7 pp
19896.85%-5.0 pp
198811.83%+1.9 pp
19879.9%-9.2 pp
198619.11%+18.7 pp
19850.42%—
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Frequently asked questions

What was Isle of Man’s GDP growth in 1986?

19.11% (1986). The full year-by-year table above lists every published year, most recent first.

Are changes in this series measured in percentage points?

Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.

Is Isle of Man’s GDP growth growing or shrinking?

Between 1985 and 2023 the series was shrinking overall: -585.8% in total.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2023: -2.04%; 2022: -4.17%; 2021: 3.84%; 2020: -8.84%; 2019: 0.25%. Earlier years are in the full-history table below.

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Source. World Bank Open Data, indicator NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.
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