Territory Summary: Isle of Man
Territory Name: Isle of Man
Capital: Europe
Government Type: parliamentary democracy (Tynwald)
Background: Part of the Norwegian Kingdom of the Hebrides until the 13th century when it was ceded to Scotland, the isle came under English lordship in the 14th century before being purchased by the British Government in 1765. Current concerns include reviving the almost extinct Manx Gaelic language. The Isle of Man is a British Crown dependency, which makes it a self-governing possession of the British Crown that is not part of the UK. The UK Government, however, remains constitutionally responsible for its defense and international representation.
Continent: Douglas
Population: 91,840 (2023 est.)
Ethnic Groups: White 94.7%, Asian 3.1%, Mixed 1%, Black 0.6%, other 0.4% (2021 est.)
Languages: English, Manx Gaelic (about 2% of the population has some knowledge)
Religions: Christian 54.7%, Muslim 0.5%, Buddhist 0.5%, Hindu 0.4%, Jewish 0.2%, none 43.8% (2021 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
Currency: Manx Pound (IMP)
Real GDP (Purchasing Power Parity): $6.792 billion (2015 est.) note: data are in 2014 dollars
Real GDP Growth Rate: -8.84% (2020 est.) note: annual GDP % growth based on constant local currency
Real GDP per Capita: $84,600 (2014 est.)
Export Commodities: crude petroleum, artwork, vegetables, fruits, whiskies (2022)
Export Partners: almost entirely United Kingdom (2022)
Import Commodities: ships, delivery trucks (2022)
Import Partners: almost entirely United Kingdom (2022)
Natural Resources: none
Agricultural Products: cereals, vegetables; cattle, sheep, pigs, poultry
Industries: financial services, light manufacturing, tourism
Industrial Production Growth Rate:
6.66% (2020 est.) note: annual % change in industrial value added based on constant local currency
Comparison Ranking: 44
Unemployment Rate: 1.1% (2017 est.)
Natural Hazards: occasional high winds and rough seas
Geography:
Total: 572 sq km
Land: 572 sq km
Water: 0 sq km
(Country Summary, The World Factbook, CIA.gov)
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