[ Nominal GDP in billions of USD ]
Year -
$7.43 billions
Isle of Man GDP expanded from 1984 to 2022, increasing from $0.25 billion to $7.43 billion.The compound annual growth rate (CAGR) averaged 9.34% over the period. The economy recorded its peak level in 2021 and its lowest level in 1984. Growth volatility remained high. The maximum drawdown reached 13.36%, indicating the largest cyclical decline from peak levels. The country experienced 5 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2022 | N/A |
| Latest GDP | $ 7.43 Billions | N/A |
| Growth (YoY) | -6.303% | N/A |
| Net Change vs Previous Year | $ -0.50 Billion | N/A |
| % of World GDP | 0.01% | N/A |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | - | - | - | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | - | - | - | - | - | - |
| 1981 | - | - | - | - | - | - |
| 1982 | - | - | - | - | - | - |
| 1983 | - | - | - | - | - | - |
| 1984 | 0.25 | - | - | - | - | - |
| 1985 | 0.26 | 0.01 | 2.044 % | - | - | - |
| 1986 | 0.36 | 0.1 | 38.995 % | - | - | - |
| 1987 | 0.46 | 0.1 | 29.103 % | - | - | - |
| 1988 | 0.58 | 0.12 | 27.116 % | - | - | - |
| 1989 | 0.62 | 0.03 | 5.63 % | - | - | - |
| 1990 | 0.76 | 0.14 | 23.298 % | - | - | - |
| 1991 | 0.82 | 0.06 | 7.878 % | - | - | - |
| 1992 | 0.85 | 0.03 | 4.059 % | - | - | - |
| 1993 | 0.77 | -0.09 | -10.435 % | - | - | - |
| 1994 | 0.83 | 0.07 | 8.83 % | - | - | - |
| 1995 | 0.92 | 0.09 | 10.683 % | - | - | - |
| 1996 | 1.01 | 0.08 | 9.21 % | - | - | - |
| 1997 | 1.18 | 0.17 | 16.983 % | - | - | - |
| 1998 | 1.39 | 0.21 | 17.557 % | - | - | - |
| 1999 | 1.57 | 0.19 | 13.617 % | - | - | - |
| 2000 | 1.6 | 0.03 | 1.735 % | - | - | - |
| 2001 | 1.67 | 0.07 | 4.224 % | - | - | - |
| 2002 | 1.89 | 0.22 | 13.323 % | - | - | - |
| 2003 | 2.25 | 0.36 | 19.123 % | - | - | - |
| 2004 | 2.8 | 0.55 | 24.398 % | - | - | - |
| 2005 | 3.03 | 0.23 | 8.215 % | - | - | - |
| 2006 | 3.42 | 0.39 | 12.872 % | - | - | - |
| 2007 | 4.47 | 1.04 | 30.491 % | - | - | - |
| 2008 | 5.93 | 1.46 | 32.744 % | - | - | - |
| 2009 | 5.49 | -0.44 | -7.453 % | - | - | - |
| 2010 | 5.92 | 0.43 | 7.9 % | - | - | - |
| 2011 | 6.57 | 0.65 | 10.9 % | - | - | - |
| 2012 | 6.69 | 0.12 | 1.897 % | - | - | - |
| 2013 | 7 | 0.31 | 4.648 % | - | - | - |
| 2014 | 7.71 | 0.71 | 10.102 % | - | - | - |
| 2015 | 7.08 | -0.62 | -8.091 % | - | - | - |
| 2016 | 6.85 | -0.24 | -3.365 % | - | - | - |
| 2017 | 6.98 | 0.13 | 1.949 % | - | - | - |
| 2018 | 7.49 | 0.51 | 7.333 % | - | - | - |
| 2019 | 7.31 | -0.18 | -2.358 % | - | - | - |
| 2020 | 6.68 | -0.63 | -8.623 % | - | - | - |
| 2021 | 7.93 | 1.25 | 18.655 % | - | - | - |
| 2022 | 7.43 | -0.5 | -6.303 % | - | - | - |
| 2023 | - | - | - | - | - | - |
| 2024 | - | - | - | - | - | - |
Between 1984 to 2022, Isle of Man experienced the following economic phases:
The most remarkable growth occurred in 1986 with an increase of 38.995%, while the largest decline was in 1993 at -10.435%.