FACTOID # 8: Three of the top ten countries for GDP per capita are island nations: Bermuda, Cayman Islands, and Iceland.
 
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Europe > Man, Isle of > Economy

MANX ECONOMY STATS:   Top Stats   All Stats  
View this page with:    Just Stats   Sources   Definitions   Both  
Agriculture > products
cereals, vegetables; cattle, sheep, pigs, poultry
Budget > Expenditures > Capital $60.00 [60th of 87]
Budget > Revenues $138.00 [138th of 223]
Economy > Overview
Offshore banking, manufacturing, and tourism are key sectors of the economy. The government offers 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. As a result, agriculture and fishing, once the mainstays of the economy, have declined in their shares of GDP. The Isle of Man also attracts online gambling sites and the film industry. Trade is mostly with the UK. The Isle of Man enjoys free access to EU markets.
Exchange rates
Manx pounds per US dollar - 0.5462 (2004), 0.6125 (2003), 0.6672 (2002), 0.6947 (2001), 0.6609 (2000)
Exchange rates > 2001 202 [202nd of 214]
Exchange rates > 2002 208 [208th of 214]
Exchange rates > 2003 207 [207th of 213]
Exchange rates > 2004 205 [205th of 211]
Exchange rates > 2005 205 [205th of 212]
Exchange rates > Note
the Manx pound is at par with the British pound
Exchange rates > Recent years
Manx pounds per US dollar - 0.55 (2005), 0.5462 (2004), 0.6125 (2003), 0.6672 (2002), 0.6947 (2001)
Exchange rates to USD > 2003 0.6125
Exchange rates to USD > 2006 0.5418
Exports > Commodities
tweeds, herring, processed shellfish, beef, lamb
Fiscal year 1 April - 31 March
GDP > Composition by sector > Agriculture 196 % [196th of 210]
GDP > Composition by sector > Industry 186 % [186th of 209]
GDP > Composition by sector > Services 11 % [11th of 209]
GDP > Real growth rate 91 % [91st of 211]

... View all Economy stats

SOURCES: ; This entry includes revenues, expenditures, and capital expenditures. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. ; Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms ; This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement about one or two key future macroeconomic trends. ; The official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat.; Exchange rate (national currency units per US dollar), 2001 ; Exchange rate (national currency units per US dollar), 2002 ; Exchange rate (national currency units per US dollar), 2003 ; Exchange rate (national currency units per US dollar), 2004 ; Exchange rate (national currency units per US dollar), 2005 ; This entry provides the official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat. ; The official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat." ; A rank ordering of exported products starting with the most important; it sometimes includes the percent of total dollar value. ; The beginning and ending months for a country's accounting period of 12 months, which often is the calendar year but which may begin in any month. All yearly references are for the calendar year (CY) unless indicated as a noncalendar fiscal year (FY). ; The gross domestic product (GDP) or value of all final goods produced by the agricultural sector within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information. ; The gross domestic product (GDP) or value of all final goods produced by the industrial sector within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information. ; The gross domestic product (GDP) or value of all final services produced within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information. ; GDP growth on an annual basis adjusted for inflation and expressed as a percent.

ALTERNATIVE NAMES: Man, Isle of, Isle of Man

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