GDP per capita growth — all countries

GDP per capita growth — Isle of Man

GDP per capita growth in the Isle of Man in 2023 — -2.07%. Ranked 191 in the world out of 204. Since 1985, the indicator has fallen by 2.69 pp.

2023 -2.07% +2.12 pp vs 2022
World rank 191of 204
Period maximum 18.56%1986
Period minimum -8.95%2020

Trend over time

1985–2023 · % per year

GDP per capita growth — Isle of Man, 1985–2023-1001020198519891993199720012005200920132017202120231985: 0.62%1986: 18.56%1987: 8.39%1988: 10.01%1989: 5.1%1990: 2.48%1991: 0.31%1992: 0.02%1993: 1.99%1994: 3.42%1995: 3.8%1996: 6.9%1997: 7.32%1998: 12.04%1999: 12.29%2000: 4.09%2001: 4.27%2002: 5.1%2003: 4.95%2004: 4.21%2005: 4.94%2006: 6.66%2007: 6.37%2008: 3.77%2009: 0.98%2010: 2.25%2011: 1.38%2012: 7.36%2013: 4.38%2014: 5.47%2015: -0.03%2016: 7.12%2017: 2.66%2018: 1.97%2019: 0.07%2020: -8.95%2021: 3.79%2022: -4.2%2023: -2.07%
Change over the period: −2.69 pp Annual average: -0.07 pp

Comparison, 2023

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

Isle of Man -2.07%
World 1.91%
Northern Europe computed -1.25%
High-income countries computed 0.99%
GDP per capita growth — Isle of Man, by year Isle of Man All countries CSV XLSX
Year % Change, pp
2023 -2.07 +2.12 pp
2022 -4.2 −7.98 pp
2021 3.79 +12.74 pp
2020 -8.95 −9.03 pp
2019 0.07 −1.9 pp
2018 1.97 −0.69 pp
2017 2.66 −4.45 pp
2016 7.12 +7.14 pp
2015 -0.03 −5.5 pp
2014 5.47 +1.09 pp
2013 4.38 −2.98 pp
2012 7.36 +5.98 pp
2011 1.38 −0.86 pp
2010 2.25 +1.27 pp
2009 0.98 −2.79 pp
2008 3.77 −2.6 pp
2007 6.37 −0.29 pp
2006 6.66 +1.72 pp
2005 4.94 +0.73 pp
2004 4.21 −0.74 pp
2003 4.95 −0.15 pp
2002 5.1 +0.83 pp
2001 4.27 +0.18 pp
2000 4.09 −8.2 pp
1999 12.29 +0.25 pp
1998 12.04 +4.72 pp
1997 7.32 +0.41 pp
1996 6.9 +3.1 pp
1995 3.8 +0.38 pp
1994 3.42 +1.43 pp
1993 1.99 +1.97 pp
1992 0.02 −0.29 pp
1991 0.31 −2.18 pp
1990 2.48 −2.61 pp
1989 5.1 −4.92 pp
1988 10.01 +1.63 pp
1987 8.39 −10.18 pp
1986 18.56 +17.95 pp
1985 0.62

About the indicator

The annual growth of gross domestic product per person in constant prices. It differs from ordinary GDP growth by the rate of population growth, and in countries with fast-growing populations the difference runs to two or three percentage points a year — enough for brisk economic growth to mean stagnant income per person. It is this indicator, not GDP growth, that matches the everyday question of whether life has become better.

Important: It can be negative while GDP growth is positive — in that case the population is growing faster than the economy.

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