Isle of Man - Economy
How is the economy of Isle of Man? Based on the information we have, Isle of Man has a high-income British island economy; known financial services and tourism industries; taxation incentives for technology and financial firms to operate; historic fishing and agriculture industries are declining; major online gambling and film industry locale. Key agricultural products in this country include: cereals, vegetables; cattle, sheep, pigs, poultry.
More about the economy of Isle of Man
| Labor force | |
|---|---|
| Industrial production growth rate | -29.5% (2022 est.) |
| Industries | financial services, light manufacturing, tourism |
| Population below poverty line | |
| Taxes and other revenues | |
| Fiscal year | |
| Exchange rates | |
| Currency | Manx pounds (IMP) per US dollar - |
| Exchange rates 2024 | 0.782 (2024 est.) |
| Exchange rates 2023 | 0.805 (2023 est.) |
| Exchange rates 2022 | 0.811 (2022 est.) |
| Exchange rates 2021 | 0.727 (2021 est.) |
| Exchange rates 2020 | 0.78 (2020 est.) |
| Budget surplus (+) or deficit (-) | |
| Imports (partners) | almost entirely United Kingdom (2022) |
| Comodities Imports force | ships, delivery trucks (2022) |
| Exports (partners) | almost entirely United Kingdom (2022) |
| Comodities Exports force | crude petroleum, artwork, vegetables, fruits, whiskies (2022) |
| GDP (official exchange rate) | $7.431 billion (2022 est.) |
| GDP - composition, by sector of origin | |
| Agriculture | 0.4% (2022 est.) |
| Industry | 6.9% (2022 est.) |
| Services | 95.1% (2022 est.) |
All Important Facts about Isle of Man
Want to know more about Isle of Man? Check all different factbooks for Isle of Man below.
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Isle of Man Factbook
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The Economy of Isle of Man
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Learn about the Government of Isle of Man
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Communication in Isle of Man
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Popular Universities in Isle of Man
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Enerny in Isle of Man
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Transport in Isle of Man
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The Geography and society of Isle of Man
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The Environment of Isle of Man
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Military and security in Isle of Man