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Isle of Man – Trade Statistics

The government’s policy of offering incentives to high-technology companies and financial institutions to locate on the island has expanded employment opportunities in high-income industries. As a result, agriculture and fishing, once the mainstays of the economy, now make declining contributions to the Island’s Gross Domestic Product (GDP). Banking and other services now contribute the great bulk of GDP. The stability of the Government and openness for business make the Isle of Man an attractive alternative jurisdiction.