Isle of Man's net primary income (net income from abroad) (current LCU) was -225.77 million in 2023, the latest year in the World Bank's World Development Indicators. That is down 275.73% from 128.47 million in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -225.77 million | 2023 |
| Five years earlier | -284.85 million | 2018 |
| Ten years earlier | 128.47 million | 2013 |
| Highest | 128.47 million | 2013 |
| Lowest | -1.06 billion | 2009 |
| Average since 2014 | -368.64 million | 2014–2023 |
| First recorded | 42.71 million |
What the numbers say
In 2023, Isle of Man's net primary income (net income from abroad) (current LCU) rose 526.7 million on 2022 (from -752.46 million to -225.77 million).
Across the 30 yearly changes before that (1993 to 2022), the average change was −27.96 million and a typical year strayed about 301.4 million from that (the standard deviation). This year's change was 1.8 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 1.1 billion in 2010 and the biggest yearly fall was 806.61 million in 2008. 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 there is no clear straight-line trend: a straight line explains 17% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
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 — 2nd of 3: -431.1 million
- Switzerland — 3rd of 3: -24.56 billion
What this measures
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). 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 40 values
| Year | Net primary income (net income from abroad) (current LCU) |
|---|---|
| 2023 | -225,765,000 |
| 2022 | -752,460,000 |
| 2021 | -801,848,000 |
| 2020 | -116,688,000 |
| 2019 | -277,205,000 |
| 2018 | -284,851,000 |
| 2017 | -477,415,000 |
| 2016 | -548,757,000 |
| 2015 | -169,072,000 |
| 2014 | -32,378,000 |
Net primary income (net income from abroad) (current LCU) in nearby economies
- Albania — -5.05 billion (2025)
- Armenia — -336.98 billion (2025)
- Austria — -953.6 million (2024)
- Azerbaijan — -3.38 billion (2025)
- Belarus — -3.39 billion (2025)
- Belgium — 10.13 billion (2024)
- Bosnia and Herzegovina — 324,300 (2025)
- Bulgaria — -5.95 billion (2025)
- Croatia — -980.39 million (2025)
More economic policy & debt data for Isle of Man
- GNI (current US$) — US$7.3 billion (2023)
- GNI (current LCU) — 5.87 billion (2023)
- GNI per capita (current LCU) — 69,738 (2023)
- Adjusted savings, mineral depletion (current US$) — 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$90,015 (2023)
- GDP per capita (current LCU) — 72,421 (2023)
- GDP per capita (constant 2015 US$)
Reading data like this
Questions people ask
- What is Isle of Man's net primary income (net income from abroad) (current LCU)?
- -225.77 million in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1984?
- It is down 628.58% from 42.71 million in 1984. The highest value was 128.47 million in 2013 and the lowest -1.06 billion in 2009.
- Is the latest change in net primary income (net income from abroad) (current LCU) unusual for Isle of Man?
- In 2023, Isle of Man's net primary income (net income from abroad) (current LCU) rose 526.7 million on 2022 (from -752.46 million to -225.77 million). Across the 30 yearly changes before that (1993 to 2022), the average change was −27.96 million and a typical year strayed about 301.4 million from that (the standard deviation). This year's change was 1.8 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.GSR.NFCY.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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