Offshore banking, manufacturing, and tourism are key sectors of the economy of the Isle of Man. The government's policy of offering incentives to high-technology companies and financial institutions to locate on the island 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. Banking and other services now contribute the great bulk of GDP. Trade is mostly with the United Kingdom. The Isle of Man has access to European Union markets. For other uses, see Bank (disambiguation). ... Manufacturing is the transformation of raw materials into finished goods for sale, or intermediate processes involving the production or finishing of semi-manufactures. ... A tourist boat travels the River Seine in Paris, France Tourism can be defined as the act of travel for the purpose of recreation, and the provision of services for this act. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... Fishing from a Pier Fishing is both the recreation and sport of catching fish (for food or as a trophy), and the commercial fishing industry of catching or harvesting seafood (either fish or other aquatic life-forms, such as shellfish). ... Wiktionary has a definition of: Trade Trade centers on the exchange of goods and/or services. ...

GDP: purchasing power parity - $2.113 billion (2003 est.)

GDP - real growth rate: NA%

GDP - per capita: purchasing power parity - $28,500 (2003 est.)

GDP - composition by sector:
agriculture: 1%
industry: 13%
services: 86% (2000 est.)

Population below poverty line: NA% Poverty is the state of being without, often associated with need, hardship and lack of resources across a wide range of circumstance. ...

Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices): 3.6% (2003 est.)

Labor force: 39,690(2001)

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% Forestry (formally known as silviculture) is the art, science, and practice of studying and managing forests and related natural resources. ... Fishing from a Pier Fishing is both the recreation and sport of catching fish (for food or as a trophy), and the commercial fishing industry of catching or harvesting seafood (either fish or other aquatic life-forms, such as shellfish). ... Manufacturing is the transformation of raw materials into finished goods for sale, or intermediate processes involving the production or finishing of semi-manufactures. ... Construction on the North Bytown Bridge in Ottawa, Canada. ... Communication is the process of exchanging information usually via a common system of symbols. ... This page deals with mathematical distributions. ... For the scientific journal named Science, see Science (journal). ... Organisational use In some organisational analyses, administration can refer to the bureaucratic or operational performance of mundane office tasks, usually internally oriented. ... For other uses, see Bank (disambiguation). ... Finance addresses the ways in which individuals, business entities and other organizations allocate and use monetary resources over time. ... A tourist boat travels the River Seine in Paris, France Tourism can be defined as the act of travel for the purpose of recreation, and the provision of services for this act. ... Entertainment is an amusement or diversion intended to hold the attention of an audience or its participants. ... Catering is the business of providing food service at a remote site. ...

Unemployment rate: 0.6% (2004 est.) Unemployment rates in the United States. ...

Budget:
revenues: $485 million
expenditures: $463 million, including capital expenditures of $NA (FY00/01 est.) Budget generally refers to a list of all planned expenses. ...

Industries: financial services, light manufacturing, tourism

Industrial production growth rate: 3.2% (1996/97)

Electricity - production: 329 GWh (1999) The article on electrical energy is located elsewhere. ...

Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1999) Fossil fuels are hydrocarbon-containing natural resources such as coal, petroleum and natural gas. ... Hydroelectric dam diagram The waters of Llyn Stwlan, the upper reservoir of the Ffestiniog Pumped-Storage Scheme in north Wales, can just be glimpsed on the right. ... Nuclear power is power generated from a nuclear reaction. ...

Electricity - consumption: 287 GWh (1999) 1999 is a common year starting on Friday of the Common Era, and was designated the International Year of Older Persons by the United Nations. ...

Electricity - exports: NA kWh

Electricity - imports: NA kWh

Agriculture - products: cereals, vegetables, cattle, sheep, pigs, poultry Cereal crops are mostly grasses cultivated for their edible seeds (actually a fruit called a grain, technically a caryopsis). ... Vegetables on a market Vegetable is a nutritional and culinary term denoting any part of a plant that is commonly consumed by humans as food, but is not regarded as a culinary fruit, nut, herb, spice, or grain. ... Binomial name Bos taurus Linnaeus, 1758 Cattle are domesticated ungulates, a member of the subfamily Bovinae of the family Bovidae. ... This article is about the animal, sheep; for other meanings of Sheep, see Sheep (disambiguation). ... Binomial name Sus scrofa Linnaeus, 1758 The domestic pig is usually given the scientific name Sus scrofa, though some authors call it , reserving for the wild boar. ... The Poultry-dealer. ...

Exports: $NA

Exports - commodities: tweeds, herring, processed shellfish, beef, lamb Tweed is a type of fabric using the twill weave. ... Lake Huron herring A herring is a type of small oily fish found in the temperate, shallow waters of the North Atlantic. ... Shellfish is a term used to describe molluscs and crustaceans used as food. ... Beef is meat obtained from a bovine. ... A lamb being bottle fed Lamb A lamb is a young sheep. ...

Exports - partners: UK

Imports: $NA

Imports - commodities: timber, fertilizers, fish Timber Timber is a term used to describe clusters of trees. ... Fertilizers are chemicals given to plants with the intention of promoting growth; they are usually applied either via the soil or by foliar spraying. ... Atlantic herring, Clupea harengus, the most abundant fish species in the world. ...

Imports - partners: UK

Debt - external: $NA

Economic aid - recipient: $NA

Currency: 1 Manx pound = 100 pence

Exchange rates: Manx pounds per US$1 - 0.6092 (January 2000), 0.6180 (1999), 0.6037 (1998), 0.6106 (1997), 0.6403 (1996), 0.6335 (1995); the Manx pound is at par with the British pound

Fiscal year: 1 April–31 March April 1 is the 91st day of the year (92nd in leap years) in the Gregorian calendar, with 274 days remaining. ... March 31 is the 90th day of the year in the Gregorian Calendar (91st in Leap years), with 275 days remaining, as the final day of March. ...

See also : Isle of Man