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Economy · Europe & Central Asia · High income
Isle of Man: the economy in numbers
GDP is $7.6bn (2023), 163rd of 211 in the world and 53rd of 57 in Europe & Central Asia. GDP per capita is $90,015 (2023), 12th of 211 in the world and 8th of 57 in Europe & Central Asia. GNI per capita is $87,030 (2023), 8th of 201 in the world and 6th of 53 in Europe & Central Asia.
GDP
Isle of Man
GDP per capita
Isle of ManEurope & Central AsiaHigh incomeWorld
10 indicators
Economy: Isle of Man in detail
Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GDPGDP, current US$ | $7.6bn2023 | 163/211 | 53/57 | $1.6bn | $5.9bn | $6.7bn | +8.2%since 2013 | $32.3tn | $76.9tn | $118tn | |
| GDP per capitaGDP per capita, current US$ | $90,0152023 | 12/211 | 8/57 | $21,161 | $70,587 | $79,514 | +8.2%since 2013 | $34,603 | $53,997 | $14,406 | |
| GNI per capitaGNI per capita, Atlas method, US$ | $87,0302023 | 8/201 | 6/53 | $22,470 | $72,410 | $79,280 | −0.7%since 2013 | $32,822 | $52,957 | $14,244 | |
| GDP growthGDP growth, annual % | -2.0%2023 | 204/210 | 56/56 | 5.3% | 3.4% | -8.8% | −6.2 ppsince 2013 | 1.7% | 1.9% | 2.9% | |
| GDP per capita growthGDP per capita growth, annual % | -2.1%2023 | 199/210 | 56/56 | 4.1% | 2.2% | -9.0% | −6.5 ppsince 2013 | 1.3% | 1.5% | 2.0% | |
| Agriculture shareAgriculture, forestry and fishing, % of GDP | 0.4%2023 | 187/198 | 53/56 | · | 0.6%2012 | 0.4% | −0.2 ppsince 2013 | 2.0% | 1.3% | 4.0% | |
| Industry shareIndustry incl. construction, % of GDP | 7.5%2023 | 194/201 | 57/57 | · | 9.2%2012 | 8.9% | −1.5 ppsince 2013 | 22.7% | 21.3% | 25.0% | |
| Manufacturing shareManufacturing, value added, % of GDP | 2.0%2023 | 177/194 | 53/54 | · | 3.6%2012 | 2.4% | −1.2 ppsince 2013 | 13.5% | 12.0% | 14.9% | |
| Services shareServices, % of GDP | 95.2%2023 | 1/201 | 1/57 | · | 93.0%2012 | 91.8% | +2.0 ppsince 2013 | 65.5% | 69.1% | 63.3% | |
| Resource rentsNatural resources rents, % of GDP | 0.0%2019 | 197/209 | 54/56 | 0.0% | 0.0% | 0.0%2019 | ±0.0 ppsince 2009 | 2.2% | 2.5% | 3.1% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- GDP+8.2%$7.6bn in 2023
- GDP per capita+8.2%$90,015 in 2023
Worse than ten years ago
- GNI per capita−0.7%$87,030 in 2023
- GDP growth−6.2 pp-2.0% in 2023
- GDP per capita growth−6.5 pp-2.1% in 2023
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
nearest countries
Isle of Man and its nearest countries
Isle of Man has no land border; compared with the closest countries by distance between capitals. Latest values since 2005; the highest in each row is marked.
| Indicator | Isle of Man | Ireland | United Kingdom | Channel Islands | Netherlands |
|---|---|---|---|---|---|
| GDP | $7.6bn2023 | $722bn2025 | $4.0tn2025 | $12.5bn2023 | $1.3tn2025 |
| GDP per capita | $90,0152023 | $131,5922025 | $57,6022025 | $74,5862023 | $73,6842025 |
| GNI per capita | $87,0302023 | $87,3602025 | $54,5502025 | — | $68,5302025 |
| GDP growth | -2.0%2023 | 12.3%2025 | 1.4%2025 | 3.7%2023 | 1.8%2025 |
| GDP per capita growth | -2.1%2023 | 10.5%2025 | 1.1%2025 | 3.4%2023 | 1.3%2025 |
| Agriculture share | 0.4%2023 | 1.1%2025 | 0.6%2025 | 0.6%2023 | 1.7%2025 |
| Industry share | 7.5%2023 | 37.8%2025 | 16.5%2025 | 8.2%2023 | 17.7%2025 |
| Manufacturing share | 2.0%2023 | 33.9%2025 | 7.7%2025 | 0.8%2023 | 10.1%2025 |
| Services share | 95.2%2023 | 56.7%2025 | 73.1%2025 | 91.2%2023 | 70.4%2025 |