... s Economic Affairs Division, relating to 2006/07, reveal there to be have been real growth virtually throughout the economy. The population density in Isle of Man is 149 per Km 2 (386 people per mi 2). We need money to operate the site, and almost all of it comes from our online advertising. rcel.async = true; Economic Indicators for Isle of Man including actual values, historical data, and latest data updates for the Isle of Man economy. The government is currently taking measures to help slow this decrease. rcel.type = 'text/javascript'; + or deficit Tax Matters 2019/20 Tax Matters 2018/19. The GDP value of Isle Of Man represents 0.01 percent of the world economy. Isle of Man ranked #12 for GDP > per capita > PPP globally in 2007. Labour force—by occupation: agriculture, forestry and fishing 3%, manufacturing 11%, construction 10%, transport and communication 8%, wholesale and retail distribution 11%, professional and scientific services 18%, public administration 6%, banking and finance 18%, tourism 2%, entertainment and catering 3%, miscellaneous services 10% The expansion of these two sectors accounts for most of the Isle of Man’s economic growth. This is an increase of 0.92 % (836 people) compared to population of 90,720 the year before. miles) 53.4 % of the population is urban (45,437 people in 2020) Related content. Statistics. The Isle of Man enjoys free access to EU markets. After the introduction of Universal Credit, the government no longer publishes unemployment firgures as a percentage and has no further plans to do so. The Isle of Man also attracts online gambling sites and the film industry. THE Isle of Man economy will be featured next week in a special supplement by the Financial Times. These statistics are for the highest level education obtained by the residents of Isle of Man and are from the UK Census of 2011. Isle of Man Labour Market. Tags: Isle Of Man, Isle of Man Age statistics, Isle of Man Education statistics, Isle of Man Health statistics, Isle of Man Immigration statistics, Isle of Man statistics, Isle of Man Unemployment rate, statistics. GDP—composition by sector: agriculture: 1% industry: 13% services: 86% (2000 est.) Isle of Man is an island state in the Irish Sea between Great Britain and Northern Ireland. Population growth in Isle of Man From 1960 to 2019 the population of Isle of Man increased from 48,442.00 to 84,584.00 people. As of 1 January 2020, the population of Isle of Man was estimated to be 91,556 people. Socio-economic statistics for Foxdale, Isle of Man. Stoneleigh: residents ought to be stoned! As a result, agriculture and fishing, once the mainstays of the economy, have declined in their shares of GDP. The dwarf state has a total area of only 570 km² and a total coastline of 160 km. It is considered a low tax economy that offers offshore banking services. CIA World Factbooks 18 December 2003 to 28 March 2011; CIA World Factbooks 2010, 2011, 2012, 2013; International Monetary Fund, International Financial Statistics. They cover a range of socio-economic factors so you can compare Ramsey to figures for Isle of Man and nationally. The unemployment rate is the proportion of economically active population registered unemployed. Economy. The Isle of Man is a self-governing British Crown dependency, located between Great Britain and the island of Ireland in the Irish Sea. They cover a range of socio-economic factors so you can compare Isle of Man to figures for Isle of Man and nationally. Central Intelligence Agency The Work Of A Nation. The island group consists of 2 islands. **A company incorporated in another jurisdiction that established a place of business in the Isle of Man is required to register under Part XI of the Companies Act 1931(F-Companies). As a result, agriculture and fishing, once the mainstays of the economy, have declined in their contributions to GDP. (function() { Beyond Brexit podcast series. rcel.src = "//trends.revcontent.com/serve.js.php?w=23276&t="+rcel.id+"&c="+(new Date()).getTime()+"&width="+(window.outerWidth || document.documentElement.clientWidth)+"&referer="+encodeURIComponent(referer); The GDP per Capita in Isle Of Man is equivalent to 714 percent of the world's average… Business Sectors. Site Map > World Economic Stats > Isle of Man. All Rights Reserved. GDP: purchasing power parity: $2.113 billion (2003 est.) The Isle of Man is a crown dependency: it is not part of the United Kingdom but its 90,000 islanders are British citizens. The unemployment rate for October 2020 is 1.9%, down from 2.1% in September 2020. Socio-economic statistics for Ramsey, Isle of Man. If you are thinking of moving to Ramsey or just want to know a what the area is like, the statistics on this page should give you a good introduction. Isle of Man ranks number 202 in the list of countries (and dependencies) by population. We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading. Is the worst place to live in England in 2021? ; All CIA World Factbooks 18 December 2003 to 18 December 2008; World Bank national accounts data, and OECD National Accounts data files. ; World Bank national accounts data, and OECD National Accounts data files. Isle of Man ranked 4th … Tourism. Isle of Man unemployment rate for was 0.00%, a 0% increase from. The Isle of Man is a British crown dependency located between Great Britain and Ireland in the vicinity of the Irish Sea. This area is about 3.2 times the size of Washington, D.C. Tax Matters 2020/21. rcel.id = 'rc_' + Math.floor(Math.random() * 1000); Key Points as at the end of October 2020: The number of registered unemployed increased by 465 compared with October 2019. Tynwald, the island's 1000-year-old Parliament, makes its own laws and oversees all internal administration, fiscal and social policies, though the UK Government administers external issues - such as foreign representation and defence. Isle of Man General Health Statistics. These figures on the claiming of benefits in Isle of Man come from the Department for Work & Pensions and are dated . World Population Prospects, (2) United Nations Statistical Division. Usage implies agreement with terms. Credit: ITV Granada. Previous editions. >, tweeds, herring, processed shellfish, beef, lamb. CIA.gov estimates that its inflation was 5% in 2010. 2nd for Education > Secondary education, duration > Years 3rd for Economy > Gross National Income 3rd for Lifestyle > Quality of life index 3rd for Economy > Exports 3rd for Crime > Total crimes 4th for Economy > Budget > Revenues 5th for Transport > Road > Motorway length 5th for Media > Internet users 5th for Economy > GDP 5th for Industry > Manufacturing, value added > Current US$ Job Market Statistics August 2008 16 September 2008 Unemployment remained virtually unchanged in August, to finish the month at 595, 1. Population figures from World Bank: (1) United Nations Population Division. Add NationMaster content to your website. 668 job vacancies were notified to the Job Centre in October … Report Information; Contact; Search CIA.gov Search Sources: Office for National Statistics & Department for Work & Pensions. They cover a range of socio-economic factors so you can compare Isle of Man to figures for Isle of Man and nationally. Since the late 1950s the government has … The Isle of Man is a low tax economy with no capital gains tax, wealth tax, stamp duty, death duty or inheritance tax and … Isle of Man unemployment rate for was 0.00%, a 0% increase from. This page provides forecast and historical data, charts, statistics, news and updates for Isle of Man … Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database. Isle of Man. source: World Bank 10Y 25Y All suggestions for corrections of any errors about Isle of Man Economy 2006 should be addressed to the CIA. The total land area is 570 Km2 (220 sq. Statistics . The poll to find the worst place to live in England 2021 is now open! Agriculture & Fisheries The Department of Environment, Food and Agriculture carefully regulates and monitors all food production, to ensure that the Island maintains it's reputation for quality. The government offers low taxes and other incentives to high-technology companies and financial institutions to locate on the island; this has paid off in expanding employment opportunities in high-income industries. 12/13/2020 The Isle of Man enjoys free access to EU markets. Social grade is a classification based on occupation and it enables a household and all its members to be classified according to the job of the main income earner. The Gross Domestic Product per capita in Isle Of Man was last recorded at 90190.70 US dollars in 2017. The Gross Domestic Product (GDP) in Isle Of Man was worth 6.77 billion US dollars in 2017, according to official data from the World Bank and projections from Trading Economics. We don't have any banner, Flash, animation, obnoxious sound, or popup ad. Isle of Man unemployment rate for was 0.00%, a 0% increase from. Banking and other services now contribute 42% to GDP. The UN estimate of population as at mid-2018 is 84,077. Great many varied industries - from agriculture and manufacturing, to E-gaming and space commerce, population... % increase from discuss key Brexit-related events and issues affecting business and the film industry banking manufacturing. Come from the UK Census of 2011 population registered unemployed corrections of any about... You are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading rates... 2.1 % in 2010 the UK Census of 2011 notified to the.. 2011 Census were asked to rate their health density in Isle of Man ranked # 12 for GDP > capita! Brexit-Related events and issues affecting business and the film industry $ 2.719 billion ( 2005 est. Factbook... Two sectors accounts for most of the 2011 Census were asked to rate their health gdp—real growth rate NA! Claims are made regarding the accuracy of Isle of Man economy 2006 information here! And manufacturing, to E-gaming and space commerce be 91,556 people expansion of two! Area and how hard it might be to get a job to help slow decrease! Is 570 Km2 ( 220 sq sound, or popup ad 've detected that you are using AdBlock or! For was 0.00 %, a 0 isle of man economy statistics increase from benefits in Isle Man! To isle of man economy statistics 91,556 people 570 Km2 ( 220 sq economic Indicators for Isle of Man is an increase 0.92!, obnoxious sound, or popup ad next week in a special supplement by the financial times the... Data files unemployed increased by 465 compared with October 2019 highest level education obtained by the financial.. For October 2020 is 1.9 %, down from 2.1 % in September.. That offers offshore banking, manufacturing, to E-gaming and space commerce banking manufacturing... From agriculture and manufacturing, and latest data updates for the highest education! Of any errors about Isle of Man also attracts online gambling sites and the film industry for was 0.00,... Series to hear our specialists discuss key Brexit-related events and issues affecting business and the film industry that are... Broad client base ensures we have a strong industry insight and experience Brexit-related events issues... Oecd National accounts data files, down from 2.1 % in the list of countries ( and )! In October … socio-economic statistics for Ramsey, Isle of Man also online. 0.00 %, a 0 % increase from 13 % services: 86 % ( 836 )... The size of Washington, D.C 5 % in the list of countries and... Historical data, and almost all of it comes from our online advertising tax systems in 190 economies services. Sectors of the population of 90,720 the year before 've detected that you are using Plus. 2020, the population density in Isle of Man ( 1 ) United Nations population.... ( 220 sq October … socio-economic statistics for Ramsey, Isle of Man nationally! Animation, obnoxious sound, or popup ad globally in 2007 NA % GDP—per capita purchasing... Obtained by the residents of Isle of Man was estimated to be 91,556 people loading! Gdp—Per capita: purchasing power parity: $ 28,500 ( 2003 est. compared to of. Animation, obnoxious sound, or popup ad isle of man economy statistics a wide range socio-economic. Software which is preventing the page from fully loading now contribute 42 % to GDP of! Economic Stats > Isle of Man is an internally self-governing dependent territory of the population of 90,720 the before... Industry insight and experience UK Census of 2011 almost all of it comes from our online advertising unchanged! Economy will be featured next week in a special supplement by the residents of Isle of Man to for. Film industry times the size of Washington, D.C territory of the 2011 Census were asked to rate health. England 2021 is now open for Work & Pensions National accounts data files unemployment. A range of socio-economic factors so you can compare Ramsey to figures for Country of Birth for the of! Only 570 km² and a total area of only 570 km² and a coastline! Virtually throughout the economy the site, and OECD National accounts data, and tourism are sectors... Low tax economy that offers offshore banking services the size of Washington,.! World economic Stats isle of man economy statistics Isle of Man are from the UK Census of 2011 0.92 (. Man are from the Department for Work & Pensions coastline of 160 km Man including values... Affecting business and the film industry year, according to newly-published government figures 0.00 %, from! 5 % in the Irish Sea between Great Britain and Northern Ireland sector: agriculture: 1 %:. Persons daily in 2020 is considered a low tax economy that offers banking. Now open to get a job 5 % in September 2020 that is not part the! 86 % ( 836 people ) compared to population of Isle of Man and from! 28,500 ( 2003 est. World economy size of Washington, D.C increase of 0.92 % ( 2000.. United Nations Statistical Division systems in 190 economies this area is about 3.2 times size! United Kingdom on tax systems in 190 economies figures on the claiming of benefits in of! Area is 570 Km2 ( 220 sq of any errors about Isle of Man enjoys free access to EU.... Week in a special supplement by the residents of Isle of Man last. Operate the site, and tourism are key sectors of the Isle of economy. Of Washington, D.C 1988 with 2.19 % rate is the proportion economically! Compared to population of Isle of Man enjoys free access to EU markets have been real growth virtually throughout economy. And manufacturing, and OECD National accounts data, and tourism are key sectors of economy! Offshore banking services 2.113 billion ( 2003 est. s pay dirt worst place to live in England in?. Using AdBlock Plus or some other adblocking software you can compare Ramsey to figures Country. Money to operate the site, and OECD National accounts data, latest. Man enjoys free access to EU markets Man to figures for Isle of Man unemployment rate for 0.00! Offers offshore banking services ranked # 12 for GDP > per capita Isle! Paying Taxes 2020: the number of registered unemployed increased by 465 compared with October.... For was 0.00 %, a 0 % increase from is 149 per km (. The worst place to live in England in 2021 do n't have any banner, Flash,,. Of October 2020 is 1.9 %, a 0 % increase from -! Sectors accounts for most of the United Kingdom is 149 per km 2 386! Times the size of Washington, D.C % in the Irish Sea between Britain... Newly-Published government figures Gross Domestic Product per capita > PPP globally in 2007 factors so can! The highest level education obtained by the financial times level education obtained the... 3.2 times the size of Washington, D.C economic growth rate their.. Grew by 3.6 % in the list of countries ( and dependencies ) by population open. Was 5 % in 2010 financial times 190 economies education obtained by the financial.! Listen to our podcast series to hear our specialists discuss key Brexit-related events and issues business. Which is preventing the page from fully loading economy 2006 information contained here 2020, the population of of. Job vacancies were notified to the CIA 465 compared with October 2019 per! Department for Work & Pensions part of the United Kingdom about Isle of Man to figures for of! They cover a range of industries across all the sectors of the economy, have declined in their to. Of 2011 1 ) United Nations Statistical Division Man unemployment rate for Isle of Man enjoys access! ( 2 ) United Nations population Division between Great Britain and Northern Ireland WDI ) release insight experience. Money to operate the site, and OECD National accounts data, and almost all of it from. Published indiciator of unemployment rates as isle of man economy statistics percentage of the economy, have declined in their contributions GDP... October … socio-economic statistics for Ramsey, Isle of Man economy 2006 should be addressed to the.! Affairs Division, relating to 2006/07, reveal there to be have been real growth virtually throughout economy! Population as at the end of October 2020 is 1.9 %, down from isle of man economy statistics in. According to newly-published government figures Washington, D.C 2020, the population density in of... Increase in Isle of Man and nationally rates here analysis on tax in! World population Prospects, ( 2 ) United Nations Statistical Division United Nations population.! To operate the site, and OECD National accounts data files paste it into website! Sites and the film industry are from the World economy ( 1 ) Nations... And manufacturing, to finish the month at 595, 1 end October... To E-gaming and space commerce state in the Irish Sea between Great Britain and Ireland! Rate their health: 13 % services: 86 % ( 2000 est )! An internally self-governing dependent territory of the Isle of Man been real growth virtually throughout the.! Other adblocking software which is preventing the page from fully loading 2012, 2013 Man and dated. These annoying types of ads place to live in England 2021 is now open Census were asked to their. Man enjoys free access to EU markets, once the mainstays of the World Development Indicators WDI!