Isle of Man's GNI per capita (current LCU) was 69,738 in 2023, the latest year in the World Bank's World Development Indicators. That is up 27.37% from 54,752 in 2013 (2.45% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 69,738 | 2023 |
| Five years earlier | 63,605 | 2018 |
| Ten years earlier | 54,752 | 2013 |
| Highest | 69,738 | 2023 |
| Lowest | 698.25 | 1971 |
| Average since 2014 | 60,292 | 2014–2023 |
| First recorded | 708.86 | 1970 |
What the numbers say
In 2023, Isle of Man's GNI per capita (current LCU) rose 7,021 on 2022 (from 62,717 to 69,738).
Across the 30 yearly changes before that (1993 to 2022), the average change was +1,819 and a typical year strayed about 3,327 from that (the standard deviation). This year's change was 1.6 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 16,490 in 2010 and the biggest yearly fall was 4,325 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 1,354 a year. A straight line explains 63% 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: 174,971
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. 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 series is expressed in local currency units.
All 54 values
| Year | GNI per capita (current LCU) |
|---|---|
| 2023 | 69,738 |
| 2022 | 62,717 |
| 2021 | 59,028 |
| 2020 | 60,632 |
| 2019 | 64,958 |
| 2018 | 63,605 |
| 2017 | 59,153 |
| 2016 | 54,177 |
| 2015 | 53,452 |
| 2014 | 55,456 |
| 2013 |
GNI per capita (current LCU) in nearby economies
More economic policy & debt data for Isle of Man
- GNI (current US$) — US$7.3 billion (2023)
- GNI (current LCU) — 5.87 billion (2023)
- Adjusted savings, mineral depletion (current US$) — 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 per capita (current LCU)?
- 69,738 in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 9,738% from 708.86 in 1970 (9.04% a year on average, compounded). The highest value was 69,738 in 2023 and the lowest 698.25 in 1971.
- Is the latest change in GNI per capita (current LCU) unusual for Isle of Man?
- In 2023, Isle of Man's GNI per capita (current LCU) rose 7,021 on 2022 (from 62,717 to 69,738). Across the 30 yearly changes before that (1993 to 2022), the average change was +1,819 and a typical year strayed about 3,327 from that (the standard deviation). This year's change was 1.6 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
- 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 Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB).
Source
World Bank, World Development Indicators, indicator NY.GNP.PCAP.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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