Skip to main content
Home › Countries › Isle of Man › GDP per capita (current US$)

Isle of Man: GDP per capita (current US$)

In , Isle of Man's GDP per capita (current US$) was 88,328.55.

That's down 6.3% from 2021, the highest value since .

The global average for this indicator in 2022 was 21,312.22 .

Source: World Bank Open Data (NY.GDP.PCAP.CD) • Data as of 2022

Trend (2005–2022)

Isle of Man GDP per capita (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
94,299.97
Trough
38,135.86
1-year change
-6.3%
5-year change
+5.8%
+1.1% / yr
10-year change
+11.3%
+1.1% / yr

Real vs nominal growth

Over the last 10 years, Isle of Man's nominal GDP per capita (current US$) changed by +11.3%, while real (inflation-adjusted) GDP per capita (constant 2015 US$) changed by +11.8%. The two series move closely, suggesting modest inflation/currency effects over this period.

Historical Data — Last 10 Years

Year GDP per capita (current US$)
88,328.5481
94,299.9693
79,513.5330
87,127.5518
89,393.8244
83,481.3038
82,025.9455
84,753.5187
91,885.4529
83,207.6588

About GDP per capita (current US$)

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Indicator code: NY.GDP.PCAP.CD • Category: Economy

About per capita measures: Per capita figures divide a country's total value by its population, giving a measure of average individual share. This makes countries of different sizes more comparable — a large country like China may have a higher total GDP than Switzerland, but Switzerland's GDP per capita is much higher.

Frequently asked questions

What was Isle of Man's GDP per capita (current US$) in 2022?
In 2022, Isle of Man's GDP per capita (current US$) was 88,328.55, according to World Bank Open Data.
Is Isle of Man's GDP per capita (current US$) rising or falling?
Isle of Man's GDP per capita (current US$) fell 6.3% from 2021 to 2022.
How does Isle of Man's GDP per capita (current US$) compare to the world average?
The global average for GDP per capita (current US$) in 2022 was 21,312.22, so Isle of Man is above the world average.
What is GDP per capita (current US$) and how is it measured?
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Download this data: CSV JSON

Source: World Bank Open Data (NY.GDP.PCAP.CD), CC BY 4.0.