Isle of Man: GDP deflator, linked series (base year varies by country)

Key figures

What the numbers say

In 2023, Isle of Man's GDP deflator, linked series (base year varies by country) rose 3.2% on 2022 (from 127.16 to 131.23).

Across the 30 yearly changes before that (1993 to 2022), the average change was +4.3% and a typical year strayed about 6.9% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 37.7% in 2008 and the biggest yearly fall was 3.7% in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is upward, about 3.32 a year. A straight line explains 87% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Isle of Man in the 2023 ranking

• Greenland — 1st of 4: 140.95
• San Marino — 2nd of 4: 132.36
• Channel Islands — 4th of 4: 100

What this measures

The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed as a ratio (a÷b).

All 34 values

GDP deflator, linked series (base year varies by country) in nearby economies

• Albania — 124.77 (2025)
• Andorra — 127.73 (2025)
• Armenia — 144.93 (2025)
• Austria — 123.03 (2025)
• Azerbaijan — 380.4 (2025)
• Belarus — 134.42 (2025)
• Belgium — 120.8 (2025)
• Bosnia and Herzegovina — 128.9 (2025)
• Bulgaria — 154.2 (2025)

More financial sector data for Isle of Man

• Official exchange rate (LCU per US$, period average) — US$0.76 (2025)
• DEC alternative conversion factor (LCU per US$) — US$0.76 (2025)
• GDP deflator (base year varies by country) — 131.23 (2023)
• Inflation, GDP deflator (annual % growth) — 3.2% (2023)
• Inflation, GDP deflator, linked series (annual % growth) — 3.2% (2023)

Every indicator for Isle of Man is on the Isle of Man data page.

Reading data like this

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Questions people ask

What is Isle of Man's GDP deflator, linked series (base year varies by country)?

131.23 in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 287.04% from 33.91 in 1990 (4.19% a year on average, compounded). The highest value was 131.23 in 2023 and the lowest 33.91 in 1990.

Is the latest change in GDP deflator, linked series (base year varies by country) unusual for Isle of Man?

In 2023, Isle of Man's GDP deflator, linked series (base year varies by country) rose 3.2% on 2022 (from 127.16 to 131.23). Across the 30 yearly changes before that (1993 to 2022), the average change was +4.3% and a typical year strayed about 6.9% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NY.GDP.DEFL.ZS.AD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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