Isle of Man GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Isle of Man's gdp growth was -4.17% in 2022, ranked 201st globally. This represents a 208.5% decrease from 2021. Data from World Bank, covering 1985–2022.
Overview
Isle of Man's gdp growth stood at -4.17% in 2022, a decline of +8.00pp from 2021. Isle of Man ranked 201st globally.
Isle of Man’s real GDP growth has swung dramatically over the 38‑year series, moving from a modest 0.42 % expansion in 1985 to an extraordinary 19.11 % surge in 1986, the highest annual increase recorded for the jurisdiction. The subsequent decades saw a gradual moderation, punctuated by a severe contraction of –8.84 % in 2020, the all‑time trough that coincided with the global pandemic shock. By 2022 the economy was still shrinking, posting a –4.17 % decline and ranking 201st worldwide, a performance that trails peer Hong Kong SAR, China’s –3.68 % growth and lies close to Moldova’s –4.60 % slowdown. The post‑pandemic recovery has been uneven, reflecting the island’s reliance on financial services and tourism, sectors that remain vulnerable to external demand and regulatory shifts. Continued diversification and a rebound in visitor numbers could moderate the negative trend, allowing growth to return to positive territory in the medium term.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2022 | -4.17% | −8.00pp | #201 |
| 2021 | 3.84% | +12.67pp | #141 |
| 2020 | -8.84% | −9.09pp | #166 |
| 2019 | 0.25% | −1.96pp | #180 |
| 2018 | 2.21% | −0.62pp | #140 |
| 2017 | 2.84% | −4.11pp | #123 |
| 2016 | 6.95% | +7.34pp | #21 |
| 2015 | -0.39% | −5.54pp | #189 |
| 2014 | 5.16% | +1.01pp | #52 |
| 2013 | 4.14% | −3.16pp | #81 |
| 2012 | 7.30% | +5.30pp | #31 |
| 2011 | 2.00% | −1.40pp | #144 |
| 2010 | 3.40% | +1.30pp | #115 |
| 2009 | 2.10% | −2.80pp | #73 |
| 2008 | 4.90% | −2.60pp | #80 |
Analysis
Isle of Man's gdp growth was -4.17% in 2022, a decline of −8.00pp from 2021.
Frequently Asked Questions
Isle of Man's gdp growth was -4.17% in 2022. Ranked 201st globally. This represents a 208.5% decrease from the previous year.
Isle of Man's gdp growth peaked at 19.11% in 1986.
The lowest gdp growth in Isle of Man was -8.84% in 2020.
Isle of Man ranks 201st globally in gdp growth as of 2022.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
The gdp growth of Isle of Man in 2022 was -4.17%. This ranks 201st in the world.
Cite this page
@misc{historysaid_isle-of-man_gdp-growth,
title = {Isle of Man GDP Growth},
url = {https://historysaid.com/isle-of-man/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}