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 9.95% (2021 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 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.)
Exchange rates 2019 0.783 (2019 est.)
Debt - external
Budget
Revenues $965 million (FY05/06 est.)
Expenditures $943 million (FY05/06 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)
Real GDP (purchasing power parity)
Real GDP (purchasing power parity) 2015 $6.792 billion (2015 est.)
Real GDP (purchasing power parity) 2014 $7.428 billion (2014 est.)
GDP (official exchange rate) $7.931 billion (2021 est.)
Real GDP Per capita
Real GDP per capita 2014 $84,600 (2014 est.)
GDP - composition, by sector of origin
Agriculture 1% (FY12/13 est.)
Industry 13% (FY12/13 est.)
Services 86% (FY12/13 est.)
Unemployment rate
Unemployment rate 2017 1.1% (2017 est.)
All Important Facts about Isle of Man

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Isle of Man is found in Northern Europe