Isle of Man

The population enjoys a high life expectancy of 81.00 years, reflecting good overall health standards. However, the low fertility rate of 1.55 suggests the population is not replacing itself naturally, posing potential long-term challenges for labor supply and demographic balance.

With 52.183% of the population living in urban areas, the Isle of Man is moderately urbanized compared to many other high-income European peers, which often exceed 75% urbanization. This suggests a significant portion of the population resides in smaller towns or rural settings outside the capital, Douglas.

The Isle of Man has achieved 100% access to electricity for its population. This indicator highlights a high level of infrastructure development and reliability, typical of highly developed European nations, ensuring basic energy needs are met universally.

Despite the high overall wealth, the economy experienced a notable decline in 2022, with a GDP growth rate of -4.165%. This significant contraction suggests the island faced substantial economic headwinds or adjustments during that period, potentially impacting future fiscal stability.