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Economy

The Isle of Man economy has seen 25 years of continued economic growth averaging 6% over the last decade with GDP 113% of the UK average. 

The Isle of Man is an established and respected international finance centre, built on political and fiscal stability, low taxation and a fully supported modern infrastructure, to evidence this the Isle of Man has won the “Best International Finance Centre” award 7 times out of the last 8 years and in 2005 the Isle of Man was named European winner of The Banker’s Financial Centres of the Future.

The endorsement of the Isle of Man as a leading finance centre continues to be evidenced by Standard and Poor’s and Moody’s sovereign rating of “AA”, the highest rating awarded.