Isle of Man GDP Deflator Growth

Annual change in the GDP implicit price deflator — a broad measure of price change across the economy.

GDP Deflator Growth in Isle of Man decreased to 3.20 percent in 2023 from 9.10 percent in 2022.

3.2%
▼ −5.9 pp2023 · previous 9.1%Annual · percent · Source: World Bank — World Development Indicators

Isle of Man GDP Deflator Growth — History

Drag or pinch to zoom.

Loading chart…

Isle of Man GDP Deflator Growth — analysis in simple words

Latest reading

GDP Deflator Growth in Isle of Man decreased to 3.20 percent in 2023 from 9.10 percent in 2022.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2022) it was 9.1%, so the latest figure is 5.9 percentage points lower.

Over the past five years the average was 4.1%, with a range from -0.2% to 9.1%. The latest value is below that five-year average.

Historical context

This data series starts in 1985 and has 39 annual observations. The latest reading is higher than 49% of all of them.

The highest value on record is 37.7% (2008) and the lowest is -3.7% (2012). The long-run average is 4.6%.

Compared with other countries

Among 209 economies with recent data, Isle of Man ranks 109th from the top. The median across all these economies is 3.3%, so Isle of Man is below the typical country.

Within Europe & Central Asia (56 economies with data) it ranks 33rd; the regional median is 3.5%.

Statistics

Latest
3.2%2023
Previous
9.1%
5-year average
4.1%
Long-run average
4.6%since 1985
All-time high
37.7%2008
All-time low
-3.7%2012
Observations
39Annual

Recent Data

PeriodValueChange
20233.2%▼ −5.9 pp
20229.1%▲ +2.6 pp
20216.5%▲ +6.7 pp
2020-0.2%▼ −2.0 pp
20191.8%▲ +0.5 pp
20181.3%▼ −2.7 pp
20174.0%▲ +1.8 pp
20162.2%▲ +2.9 pp
2015-0.6%▼ −0.1 pp
2014-0.5%▼ −2.1 pp
20131.5%▲ +5.2 pp
2012-3.7%▼ −8.5 pp
20114.9%▼ −0.4 pp
20105.2%▼ −1.8 pp
20097.0%▼ −30.8 pp
200837.7%▲ +26.1 pp
200711.6%▲ +8.1 pp
20063.6%▲ +0.7 pp
20052.9%▼ −2.6 pp
20045.4%▲ +2.3 pp
20033.2%▲ +0.7 pp
20022.5%▼ −1.5 pp
20013.9%▲ +0.6 pp
20003.3%▲ +1.0 pp
19992.3%▼ −0.1 pp
19982.4%▼ −0.3 pp
19972.6%▲ +0.1 pp
19962.6%▼ −0.4 pp
19952.9%▲ +0.4 pp
19942.5%

GDP Deflator Growth — Isle of Man vs Peers

Latest available reading for each economy (periods may differ). Isle of Man highlighted.

Loading chart…

More Isle of Man indicators

Understanding GDP Deflator Growth — a simple guide

What it measures

The annual change in the GDP implicit price deflator — prices of everything produced in the economy, not just consumer goods.

How it is calculated

GDP deflator = nominal GDP ÷ real GDP × 100; the growth rate is its yearly % change.

Simple example

If nominal GDP grew 10% and real GDP 6%, the deflator rose about 4%.

▲ When it is high or rising

A high reading means prices across the whole economy are rising quickly.

▼ When it is low or falling

A low or negative reading means broad prices are stable or falling.

Why it matters for the economy and markets

It is the broadest measure of inflation and links nominal to real GDP.

How to read it

It can differ from CPI inflation when export, import or investment prices move differently from consumer prices.

Data source

World Bank — World Development Indicators (series NY.GDP.DEFL.KD.ZG), annual data from 1985 to 2023. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current gdp deflator growth of Isle of Man?
Isle of Man gdp deflator growth was 3.2% in 2023, compared with 9.1% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest gdp deflator growth of Isle of Man?
Since 1985, the highest reading was 37.7% (2008) and the lowest was -3.7% (2012).
What does gdp deflator growth measure?
The annual change in the GDP implicit price deflator — prices of everything produced in the economy, not just consumer goods.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.