GDP growth — all countries

GDP growth — Isle of Man

GDP growth in the Isle of Man in 2023 — -2.04%. Ranked 198 in the world out of 204. Since 1985, the indicator has fallen by 2.45 pp.

2023 -2.04% +2.13 pp vs 2022
World rank 198of 204
Period maximum 19.11%1986
Period minimum -8.84%2020

Trend over time

1985–2023 · % per year

GDP growth — Isle of Man, 1985–2023-1001020198519891993199720012005200920132017202120231985: 0.42%1986: 19.11%1987: 9.9%1988: 11.83%1989: 6.85%1990: 4.19%1991: 1.6%1992: 0.8%1993: 2.6%1994: 4%1995: 4.3%1996: 7.7%1997: 8.6%1998: 13.5%1999: 13.7%2000: 5.3%2001: 5.4%2002: 6.2%2003: 6%2004: 5.2%2005: 5.9%2006: 7.7%2007: 7.5%2008: 4.9%2009: 2.1%2010: 3.4%2011: 2%2012: 7.3%2013: 4.14%2014: 5.16%2015: -0.39%2016: 6.95%2017: 2.84%2018: 2.21%2019: 0.25%2020: -8.84%2021: 3.84%2022: -4.17%2023: -2.04%
Change over the period: −2.45 pp Annual average: -0.06 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Isle of Man

Isle of Man -2.04%
World 2.86%
Northern Europe computed -0.08%
High-income countries computed 1.89%
GDP growth — Isle of Man, by year Isle of Man All countries CSV XLSX
Year % Change, pp
2023 -2.04 +2.13 pp
2022 -4.17 −8.01 pp
2021 3.84 +12.67 pp
2020 -8.84 −9.09 pp
2019 0.25 −1.96 pp
2018 2.21 −0.62 pp
2017 2.84 −4.11 pp
2016 6.95 +7.34 pp
2015 -0.39 −5.54 pp
2014 5.16 +1.01 pp
2013 4.14 −3.16 pp
2012 7.3 +5.3 pp
2011 2 −1.4 pp
2010 3.4 +1.3 pp
2009 2.1 −2.8 pp
2008 4.9 −2.6 pp
2007 7.5 −0.2 pp
2006 7.7 +1.8 pp
2005 5.9 +0.7 pp
2004 5.2 −0.8 pp
2003 6 −0.2 pp
2002 6.2 +0.8 pp
2001 5.4 +0.1 pp
2000 5.3 −8.4 pp
1999 13.7 +0.2 pp
1998 13.5 +4.9 pp
1997 8.6 +0.9 pp
1996 7.7 +3.4 pp
1995 4.3 +0.3 pp
1994 4 +1.4 pp
1993 2.6 +1.8 pp
1992 0.8 −0.8 pp
1991 1.6 −2.58 pp
1990 4.19 −2.66 pp
1989 6.85 −4.98 pp
1988 11.83 +1.93 pp
1987 9.9 −9.21 pp
1986 19.11 +18.69 pp
1985 0.42

About the indicator

The annual growth rate of gross domestic product in constant local currency prices. Because the calculation runs in constant prices, the indicator is clear of inflation and of exchange rate swings, so it shows the real movement of the economy. Two consecutive quarters of negative values are conventionally called a technical recession, but the data here are annual.

Source: World Development Indicators (World Bank), license CC BY 4.0.