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Isle of Man — GDP growth
GDP Growth (Annual %) for Isle of Man, 1985–2023.
Latest value · 2023
-2.04%
GDP Growth (Annual %) · annual % · -585.8% since 1985
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%.
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 years
| Year | annual % |
|---|---|
| 2023 | -2.04% |
| 2022 | -4.17% |
| 2021 | 3.84% |
| 2020 | -8.84% |
| 2019 | 0.25% |
| 2018 | 2.21% |
| 2017 | 2.84% |
| 2016 | 6.95% |
| 2015 | -0.39% |
| 2014 | 5.16% |
| 2013 | 4.14% |
| 2012 | 7.3% |
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.
Related data
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.