Agriculture > products
cereals, vegetables; cattle, sheep, pigs, poultry |
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. |
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Source: CIA World Factbook, 28 July 2005 |
Exchange rates
Manx pounds per US dollar - 0.5462 (2004), 0.6125 (2003), 0.6672 (2002), 0.6947 (2001), 0.6609 (2000) |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Exports > Commodities
tweeds, herring, processed shellfish, beef, lamb |
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Source: CIA World Factbook, 28 July 2005 |
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Fiscal year
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1 April - 31 March |
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|
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP
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$2,264,913,000.00 |
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[153rd of 203]
|
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP (official exchange rate)
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$2,719,000,000.00 |
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[144th of 192]
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Source: World Development Indicators database and CIA World Factbook |
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GDP (purchasing power parity)
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$2,719,000,000.00 |
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[170th of 187]
|
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP > Composition by sector > Agriculture
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1% |
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[35th of 146]
|
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP > Composition by sector > Industry
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13% |
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[30th of 146]
|
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP > Composition by sector > Services
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86% |
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[2nd of 146]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP > constant 2000 US$
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1,854,824,000 constant 2000 US$
|
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[136th of 186]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP > Real growth rate
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5.2% |
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[84th of 198]
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Source: World Development Indicators database |
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GDP deflator
|
100
|
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[177th of 188]
|
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP growth > annual %
|
6.33 annual %
|
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[48th of 187]
|
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Source: World Development Indicators database |
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GDP per capita > constant LCU
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17319.78 |
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|
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Source: World Development Indicators database |
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GDP per capita growth > annual %
|
5.97 annual %
|
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[32nd of 183]
|
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Source: World Development Indicators database |
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Imports > Commodities
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timber, fertilizers, fish |
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|
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Source: World Development Indicators database |
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Inflation rate (consumer prices)
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3.1% |
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[114th of 192]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Inflation, GDP deflator > annual %
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2.65 annual %
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[121st of 186]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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