UPU

Diplomatic representation in the US:

none (British crown dependency)

Diplomatic representation from the US:

none (British crown dependency)

Flag description:

red with the Three Legs of Man emblem (Trinacria), in the center; the three legs are joined at the thigh and bent at the knee; in order to have the toes pointing clockwise on both sides of the flag, a two-sided emblem is used

Economy
Isle of Man

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.

GDP (purchasing power parity):

$2.719 billion (2005 est.)

GDP (official exchange rate):

$2.719 billion (2005 est.)

GDP - real growth rate:

5.2% (2005)

GDP - per capita (PPP):

$35,000 (2005 est.)

GDP - composition by sector:

agriculture: 1% industry: 13% services: 86% (2000 est.)

Labor force:

39,690 (2001)

Labor force - by occupation:

agriculture, forestry, and fishing 3%, manufacturing 11%, construction 10%, transport and communication 8%, wholesale and retail distribution 11%, professional and scientific services 18%, public administration 6%, banking and finance 18%, tourism 2%, entertainment and catering 3%, miscellaneous services 10% (2001)

Unemployment rate:

1.5% (December 2006 est.)

Population below poverty line: