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Red
Sea Management provides Isle of Man offshore incorporation, Isle of
Man offshore asset protection and a full range of services. |
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Report on
Isle of Man
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| Background:
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Part of the Norwegian Kingdom of the Hebrides until the 13th century
when it was ceded to Scotland, the isle came under the British crown
in 1765. Current concerns include reviving the almost extinct Manx
Celtic language.
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| Location:
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Western Europe, island in the Irish Sea, between Great Britain and
Ireland
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Geographic coordinates:
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54 15 N, 4 30 W
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| Map
references:
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Europe
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| Area: |
total: 572 sq km
land: 572 sq km
water: 0 sq km
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| Area -
comparative:
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slightly more than three times the size of Washington, DC
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| Land
boundaries: |
0 km
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Coastline:
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160 km
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| Maritime
claims:
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exclusive fishing zone: 12 NM
territorial sea: 12 NM
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| Climate:
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cool summers and mild winters; temperate; overcast about one-third of
the time
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| Terrain:
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hills in north and south bisected by central valley
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| Elevation
extremes:
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lowest point: Irish Sea 0 m
highest point: Snaefell 621 m
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| Natural
resources:
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none |
| Land use:
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arable land: 9%
permanent crops: 0%
permanent pastures: 46%
forests and woodland: 6%
other: 39% (includes 25% mountain and heathland)
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| Irrigated
land:
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0 sq km
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| Natural
hazards:
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NA |
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Environment - current issues:
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waste disposal (both household and industrial); transboundary air
pollution
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| Geography
- note:
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one small islet, the Calf of Man, lies to the southwest, and is a bird
sanctuary
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Population: |
73,489 (July 2001 est.)
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| Age
structure: |
0-14 years: 17.51% (male 6,562; female 6,306)
15-64 years: 65.19% (male 24,061; female 23,845)
65 years and over: 17.3% (male 5,076; female 7,639) (2001 est.)
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Population growth rate:
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0.52% (2001 est.)
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| Birth
rate: |
11.58 births/1,000 population (2001 est.) |
| Death
rate: |
11.84 deaths/1,000 population (2001 est.)
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| Net
migration rate: |
5.44 migrant(s)/1,000 population (2001 est.) |
| Sex
ratio: |
at birth: 1.05 male(s)/female
under 15 years: 1.04 male(s)/female
15-64 years: 1.01 male(s)/female
65 years and over: 0.66 male(s)/female
total population: 0.94 male(s)/female (2001 est.)
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| Infant
mortality rate: |
6.42 deaths/1,000 live births (2001 est.)
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| Life
expectancy at birth: |
total population: 77.64 years
male: 74.26 years
female: 81.2 years (2001 est.)
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| Total
fertility rate: |
1.65 children born/woman (2001 est.)
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| HIV/AIDS
- adult prevalence rate: |
NA%
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| HIV/AIDS
- people living with HIV/AIDS: |
NA |
| HIV/AIDS
- deaths:
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NA |
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Nationality: |
noun: Manxman (men), Manxwoman (women)
adjective: Manx
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| Ethnic
groups:
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Manx (Norse-Celtic descent), Briton
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Religions:
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Anglican, Roman Catholic, Methodist, Baptist, Presbyterian, Society of
Friends
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Languages: |
English, Manx Gaelic
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| Literacy: |
definition: NA
total population: NA%
male: NA%
female: NA%
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| Country
name:
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conventional long form: none
conventional short form: Isle of Man
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Dependency status: |
British crown dependency
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Government type:
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parliamentary democracy
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| Capital: |
Douglas
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Administrative divisions:
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there are 24 local authorities each with its own elections
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Independence: |
none (British crown dependency)
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| National
holiday: |
Tynwald Day, 5 July
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Constitution:
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unwritten; note - The Isle of Man Constitution Act, 1961, does not
embody the Manx Constitution
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| Legal
system: |
English common law and Manx statute
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| Suffrage:
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18 years of age; universal
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Executive branch:
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chief of state: Lord of Mann Queen ELIZABETH II (since 6 February
1952), represented by Lieutenant Governor His Excellency Sir Timothy
DAUNT (since 27 October 1995)
head of government: Chief Minister Donald GELLING (since 3 December
1996)
cabinet: Council of Ministers
elections: the monarch is hereditary; lieutenant governor appointed
by the monarch for a five-year term; the Chief Minister is elected by
the Tynwald; election last held 3 December 1996 (next to be held NA
2001)
election results: Donald GELLING elected chief minister by the
Tynwald
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Legislative branch: |
bicameral Tynwald consists of the Legislative Council (a 11-member
body composed of the President of Tynwald, the Lord Bishop of Sodor
and Man, a nonvoting attorney general, and 8 others named by the House
of Keys) and the House of Keys (24 seats; members are elected by
popular vote to serve five-year terms)
elections: House of Keys - last held 21 November 1996 (next to be
held NA November 2001)
election results: House of Keys - percent of vote by party - NA%;
seats by party - independents 24
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| Judicial
branch:
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High Court of Justice (justices are appointed by the Lord Chancellor
of England on the nomination of the lieutenant governor)
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| Political
parties and leaders: |
there is no party system; members sit as independents
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| Political
pressure groups and leaders: |
none |
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International organization participation: |
none |
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Diplomatic representation in the US: |
none (British crown dependency)
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Diplomatic representation from the US: |
none (British crown dependency)
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| 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 |
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| Economy
- overview:
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Offshore banking, manufacturing, and tourism are key sectors of the
economy. The government's policy of offering incentives to
high-technology companies and financial institutions to locate on the
island 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.
Banking and other services now contribute 42% to GDP. Trade is mostly
with the UK. The Isle of Man enjoys free access to EU markets.
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| GDP:
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purchasing power parity - $1.4 billion (1999 est.)
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| GDP -
real growth rate: |
13.5% (1999 est.)
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| GDP - per
capita: |
purchasing power parity - $18,800 (1999 est.)
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| GDP -
composition by sector: |
agriculture: 1%
industry: 9%
services: 90% (1999 est.)
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Population below poverty line: |
NA%
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| Household
income or consumption by percentage share: |
lowest 10%: NA%
highest 10%: NA%
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| Inflation
rate (consumer prices): |
2.5% (2000 est.)
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| Labor
force: |
36,610 (1998)
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| 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%
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Unemployment rate: |
0.6% (August 2000)
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| Budget:
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revenues: $485 million
expenditures: $463 million, including capital expenditures of $NA
(FY00/01 est.)
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Industries: |
financial services, light manufacturing, tourism
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Industrial production growth rate:
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3.2% (FY96/97)
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Agriculture - products:
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cereals, vegetables; cattle, sheep, pigs, poultry
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| Exports: |
$NA
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| Exports -
commodities: |
tweeds, herring, processed shellfish, beef, lamb
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| Exports -
partners: |
UK
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| Imports: |
$NA
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| Imports -
commodities: |
timber, fertilizers, fish
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| Imports -
partners: |
UK
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| Debt -
external: |
$NA
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| Economic
aid - recipient: |
$NA
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| Currency:
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British pound (GBP); note - there is also a Manx pound
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| Currency
code: |
GBP
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| Exchange
rates:
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Manx pounds per US dollar - 0.6764 (January 2001), 0.6596 (2000),
0.6180 (1999), 0.6037 (1998), 0.6106 (1997), 0.6403 (1996); the Manx
pound is at par with the British pound
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| Fiscal
year: |
1 April - 31 March
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Telephones - main lines in use:
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51,000 (1999)
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Telephones - mobile cellular: |
NA |
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Telephone system: |
general assessment: NA
domestic: landline, telefax, mobile cellular telephone system
international: fiber-optic cable, microwave radio relay, satellite
earth station, submarine cable
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| Radio
broadcast stations: |
AM 1, FM 1, shortwave 0 (1998)
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| Radios: |
NA
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Television broadcast stations: |
0 (receives broadcasts from the UK and satellite) (1999)
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Televisions: |
27,490 (1999) |
| Internet
country code: |
.im
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| Internet
Service Providers (ISPs): |
NA
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| Internet
users: |
NA
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| Railways:
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total: 68.5 km (43.5 km electrified) (2001)
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| Highways: |
total: 800 km
paved: 800 km
unpaved: 0 km (1999)
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Waterways: |
none
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| Ports and
harbors: |
Castletown, Douglas, Peel, Ramsey
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| Merchant
marine: |
total: 157 ships (1,000 GRT or over) totaling 4,917,402 GRT/8,333,858
DWT
ships by type: bulk 27, cargo 13, chemical tanker 11, combination
bulk 3, container 20, liquefied gas 13, petroleum tanker 43,
refrigerated cargo 3, roll on/roll off 18, specialized tanker 1,
vehicle carrier 5
note: includes some foreign-owned ships registered here as a flag of
convenience: Belgium 1, Denmark 1, Germany 1, Netherlands 1, Sweden 1,
UK 3 (2000 est.)
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| Airports: |
1 (2000 est.)
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| Airports
- with paved runways: |
total: 1
1,524 to 2,437 m: 1 (2000 est.)
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| Military
- note: |
defense is the responsibility of the UK
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| Disputes
- international: |
none |
