Isle of Man's GNI (current LCU) was 5.87 billion in 2023, the latest year in the World Bank's World Development Indicators. That is up 27.41% from 4.61 billion in 2013 (2.45% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 5.87 billion | 2023 |
| Five years earlier | 5.33 billion | 2018 |
| Ten years earlier | 4.61 billion | 2013 |
| Highest | 5.87 billion | 2023 |
| Lowest | 39.2 million | 1970 |
| Average since 2014 | 5.06 billion | 2014–2023 |
| First recorded | 39.2 million |
What the numbers say
In 2023, Isle of Man's GNI (current LCU) rose 11.2% on 2022 (from 5.28 billion to 5.87 billion).
Across the 30 yearly changes before that (1993 to 2022), the average change was +8.1% and a typical year strayed about 10.6% from that (the standard deviation). This year's change was 0.3 standard deviations above 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 57.3% in 2010 and the biggest yearly fall was 6.5% in 2020. 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 117.6 million a year. A straight line explains 65% 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
- Liechtenstein — 1st of 2: 6.97 billion
What this measures
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 54 values
| Year | GNI (current LCU) |
|---|---|
| 2023 | 5,869,527,000 |
| 2022 | 5,276,534,000 |
| 2021 | 4,964,645,000 |
| 2020 | 5,097,008,000 |
| 2019 | 5,453,670,000 |
| 2018 | 5,330,380,000 |
| 2017 | 4,945,720,000 |
| 2016 | 4,521,903,000 |
| 2015 | 4,468,249,000 |
| 2014 | 4,652,281,000 |
| 2013 |
GNI (current LCU) in nearby economies
- Albania — 2.65 trillion (2025)
- Armenia — 10.98 trillion (2025)
- Austria — 514.34 billion (2025)
- Azerbaijan — 125.72 billion (2025)
- Belarus — 283.26 billion (2025)
- Belgium — 650.12 billion (2025)
- Bosnia and Herzegovina — 56.55 billion (2025)
- Bulgaria — 110.07 billion (2025)
- Croatia — 91.99 billion (2025)
- Cyprus — 32.42 billion (2025)
- Czechia — 8.19 trillion (2025)
- Denmark — 3.15 trillion (2025)
More economic policy & debt data for Isle of Man
- GNI (current US$) — US$7.3 billion (2023)
- GNI per capita (current LCU) — 69,738 (2023)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- GDP (current US$) — US$7.58 billion (2023)
- GDP (current LCU) — 6.1 billion (2023)
- GDP (constant 2015 US$) — US$7.1 billion (2023)
- GDP (constant LCU) — 4.64 billion (2023)
- GDP per capita (current US$) — US$90,015 (2023)
- GDP per capita (current LCU) — 72,421 (2023)
- GDP per capita (constant 2015 US$) — US$84,315 (2023)
- GDP per capita (constant LCU)
Reading data like this
Questions people ask
- What is Isle of Man's GNI (current LCU)?
- 5.87 billion in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 14,873% from 39.2 million in 1970 (9.91% a year on average, compounded). The highest value was 5.87 billion in 2023 and the lowest 39.2 million in 1970.
- Is the latest change in GNI (current LCU) unusual for Isle of Man?
- In 2023, Isle of Man's GNI (current LCU) rose 11.2% on 2022 (from 5.28 billion to 5.87 billion). Across the 30 yearly changes before that (1993 to 2022), the average change was +8.1% and a typical year strayed about 10.6% from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).
Source
World Bank, World Development Indicators, indicator NY.GNP.MKTP.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) 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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