Services value added — all countries

Services value added — Isle of Man

Services value added in the Isle of Man in 2023 — 7,209,882,927 US$. Ranked 138 in the world out of 195. Since 2012, the indicator has risen by 15.9%.

2023 7.21B US$ +1.97% vs 2022
World rank 138of 195
Period maximum 7.28B US$2021
Period minimum 6.13B US$2020

Trend over time

2012–2023 · US$

Services value added — Isle of Man, 2012–20236B6.5B7B7.5B20122014201620182020202220232012: 6,221,819,233 US$2013: 6,519,368,853 US$2014: 7,223,582,841 US$2015: 6,629,252,381 US$2016: 6,411,428,587 US$2017: 6,537,439,332 US$2018: 6,998,325,622 US$2019: 6,871,239,206 US$2020: 6,134,250,000 US$2021: 7,281,901,893 US$2022: 7,070,826,893 US$2023: 7,209,882,927 US$
Change over the period: +988M (+15.88%) Average annual rate: 1.35 %

Comparison, 2023

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

Isle of Man 7.21B US$
World 67.67T US$
Northern Europe computed 4.05T US$
High-income countries computed 24.91T US$
Services value added — Isle of Man, by year Isle of Man All countries CSV XLSX
Year US$ Change Change, %
2023 7.21B +139M +1.97%
2022 7.07B −211M −2.9%
2021 7.28B +1.15B +18.71%
2020 6.13B −737M −10.73%
2019 6.87B −127M −1.82%
2018 7B +461M +7.05%
2017 6.54B +126M +1.97%
2016 6.41B −218M −3.29%
2015 6.63B −594M −8.23%
2014 7.22B +704M +10.8%
2013 6.52B +298M +4.78%
2012 6.22B

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

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