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World Factbook

Isle of Man

Ellan Vannin

Last updated: 2026-03-28 (today)

Industries

financial services, light manufacturing, tourism

Exchange rates

Currency

Manx pounds (IMP) per US dollar -

Exchange rates 2020

0.78 (2020 est.)

Exchange rates 2021

0.727 (2021 est.)

Exchange rates 2022

0.811 (2022 est.)

Exchange rates 2023

0.805 (2023 est.)

Exchange rates 2024

0.782 (2024 est.)

Economic overview

high-income British island economy; known financial services and tourism industries; taxation incentives for technology and financial firms to operate; historic fishing and agriculture industries are declining; major online gambling and film industry locale

Exports - partners

almost entirely United Kingdom (2022)

Imports - partners

almost entirely United Kingdom (2022)

Real GDP growth rate

note

note: annual GDP % growth based on constant local currency

Real GDP growth rate 2020

-8.8% (2020 est.)

Real GDP growth rate 2021

3.8% (2021 est.)

Real GDP growth rate 2022

-4.2% (2022 est.)

Agricultural products

cereals, vegetables; cattle, sheep, pigs, poultry

Exports - commodities

crude petroleum, artwork, vegetables, fruits, whiskies (2022)

note: top five export commodities based on value in dollars

Imports - commodities

ships, delivery trucks (2022)

GDP (official exchange rate)

$7.431 billion (2022 est.)

note: data in current dollars at official exchange rate

Industrial production growth rate

-29.5% (2022 est.)

note: annual % change in industrial value added based on constant local currency

GDP - composition, by sector of origin

note

note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

industry

6.9% (2022 est.)

services

95.1% (2022 est.)

agriculture

0.4% (2022 est.)