Population, Total for Isle of Man
POPTOTIMA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84,160.00
Year-over-Year Change
-0.21%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population, Total for Isle of Man' trend measures the total population of the Isle of Man, an island between Great Britain and Ireland. This metric is crucial for economists and policymakers to understand demographic shifts and plan public services accordingly.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The total population of the Isle of Man is an important economic indicator that provides insight into the size and growth of the island's labor force, consumer base, and overall economic activity. Analysts use this data to assess the Isle of Man's economic potential and development.
Methodology
The population data is collected by the World Bank based on official national statistics.
Historical Context
Policymakers and businesses use this population data to inform economic and social planning on the Isle of Man.
Key Facts
- The Isle of Man has a population of around 85,000 people.
- The population has grown by over 10% in the last two decades.
- The Isle of Man has one of the highest GDP per capita in the world.
FAQs
Q: What does this economic trend measure?
A: The 'Population, Total for Isle of Man' trend measures the total number of people residing on the Isle of Man, an island between Great Britain and Ireland.
Q: Why is this trend relevant for users or analysts?
A: This population data is crucial for economists and policymakers to understand demographic shifts and plan public services accordingly on the Isle of Man.
Q: How is this data collected or calculated?
A: The population data is collected by the World Bank based on official national statistics from the Isle of Man.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this population data to inform economic and social planning on the Isle of Man, such as infrastructure investment, labor force development, and consumer market analysis.
Q: Are there update delays or limitations?
A: The population data is updated annually, with some potential delays in data reporting and collection.
Related Trends
Constant GDP per capita for the Isle of Man
NYGDPPCAPKDIMN
Gross Domestic Product for Isle of Man
MKTGDPIMA646NWDB
Fertility Rate, Total for the Isle of Man
SPDYNTFRTINIMN
Gross National Income for Isle of Man
MKTGNIIMA646NWDB
Gross Domestic Product Per Capita for Isle of Man
PCAGDPIMA646NWDB
Life Expectancy at Birth, Total for the Isle of Man
SPDYNLE00INIMN
Citation
U.S. Federal Reserve, Population, Total for Isle of Man (POPTOTIMA647NWDB), retrieved from FRED.