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Isle of Man — GDP

Also known as gross domestic product, nominal GDP, economy size, total output.

GDP (Nominal) for Isle of Man, 1984–2023.

Latest value · 2023
7.58 billion
GDP (Nominal) · current US$ · +2916.0% since 1984
Free for any use — attribution is the link itself.

GDP for Isle of Man was 7.58 billion in 2023, according to the latest World Bank data. The series covers 40 years, from 1984 to 2023. The highest recorded value was 7.93 billion in 2021. The lowest was 251.20 million in 1984 (about 30.2× the low point). Across that span the compound annual growth rate works out to 9.13% per year.

Isle of Man ranks 164 of 212 economies on this measure (1 = highest), putting it in the top 77%. The median for Europe & Central Asia is 101.16 billion, so Isle of Man sits below it. It peaked in 2021 and has fallen 4% since. Over the last decade (2013–2023) the figure moved up 8%. Within Europe & Central Asia it ranks 53 of 57 economies; Andorra (4.50 billion) is just below it. Its sharpest one-year move was up 39% in 1986. That is 4% above this series' own ten-year average.

Data highlights

From its 1984 level: doubled by 1988; grown tenfold by 2004. Doubling roughly every 7.9 years at that pace.

World ranking. Slipped: 143rd of 166 in 1984 → 159th of 192 in 1990 → 158th of 204 in 2000 → 152nd of 212 in 2010 → 158th of 210 in 2020 → 158th of 204 in 2023.

Adjacent in the latest world ranking (164 of 212): Maldives (#163) · Sierra Leone (#165).

Key figures

Latest (2023)
7.58 billion
First (1984)
251.20 million
Change
+2916.0%
Highest
7.93 billion
in 2021
Lowest
251.20 million
in 1984
Average
3.61 billion
Annual growth (CAGR)
9.13%
Years of data
40

Recent published years. 2023 — 7,576,129,932.79 · 2022 — 7,431,257,410.93 · 2021 — 7,931,193,222.06 · 2020 — 6,684,225,641.03 · 2019 — 7,314,967,866.28.

Full history — 1984 to 2023

All 40 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Isle of Man — GDP
Yearcurrent US$Change
20237,576,129,932.79+1.9%
20227,431,257,410.93-6.3%
20217,931,193,222.06+18.7%
20206,684,225,641.03-8.6%
20197,314,967,866.28-2.4%
20187,491,649,455.93+7.3%
20176,979,788,333.5+1.9%
20166,846,377,563.01-3.4%
20157,084,800,892.22-8.1%
20147,708,454,412.32+10.1%
20137,001,175,622.71+4.6%
20126,690,228,371.67+1.9%
20116,565,667,052.8+10.9%
20105,920,369,789.5+7.9%
20095,486,921,247.07-7.5%
20085,928,791,505.35+32.7%
20074,466,350,655.9+30.5%
20063,422,733,202.45+12.9%
20053,032,411,026.95+8.2%
20042,802,206,151.59+24.4%
20032,252,620,408.16+19.1%
20021,891,002,697.84+13.3%
20011,668,684,324.17+4.2%
20001,601,050,083.22+1.7%
19991,573,742,112.93+13.6%
19981,385,124,213.32+17.6%
19971,178,261,296.66+17.0%
19961,007,205,928.24+9.2%
1995922,269,212.56+10.7%
1994833,255,280.07+8.8%
1993765,647,870.43-10.4%
1992854,849,069.85+4.1%
1991821,507,936.51+7.9%
1990761,514,559.66+23.3%
1989617,619,437.17+5.6%
1988584,702,952.69+27.1%
1987459,975,486.19+29.1%
1986356,287,012.61+39.0%
1985256,330,852.16+2.0%
1984251,195,796.75—
Reading this correctly. Gross domestic product at current market prices, converted to US dollars at official exchange rates. This is the number usually meant by 'GDP'. Figures are in current US$. 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 in 1985?

256,330,852.16 (1985). The full year-by-year table above lists every published year, most recent first.

Are Isle of Man’s GDP figures nominal or inflation-adjusted?

They are exactly as the World Bank publishes them — current US$ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.

Is Isle of Man’s GDP growing or shrinking?

Between 1984 and 2023 the series was growing overall: +2916.0% in total — about 9.1% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.CD. 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: 7,576,129,932.79; 2022: 7,431,257,410.93; 2021: 7,931,193,222.06; 2020: 6,684,225,641.03; 2019: 7,314,967,866.28. Earlier years are in the full-history table below.

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Source. World Bank Open Data, indicator NY.GDP.MKTP.CD — GDP (Nominal). 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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