The Isle of Man Treasury published an update on Moody’s annual report, which kept the Island’s credit rating and outlook at Aa3 stable, the same as the United Kingdom. Moody’s identified low government debt, prudent fiscal policies and substantial reserves as core strengths, and linked the stable outlook to strong institutions and pragmatic, proactive policymaking. The report also pointed to strong regulatory frameworks for the Island’s large financial services and igaming sectors, alongside a compliant rating for adherence to international tax standards. Moody’s described the economy as wealthy, relatively diversified and quick to rebound from recent external shocks, noting more than 330,000 visitors in 2024 and forecasting real gross domestic product growth of 2.2% in 2026, stabilising at around 3% in the medium term. Labour shortages were identified as the main challenge, with unemployment at 0.7% in March 2026 and job vacancies remaining high. Moody’s added that UNESCO biosphere reserve status does not materially affect the credit rating, but gives the Island a competitive advantage in attracting residents and workers.
The Treasury (Isle of Man)2026-06-12
Isle of Man Treasury highlights Moody’s reaffirmation of Aa3 stable rating and aaa fiscal strength assessment
The Isle of Man Treasury said Moody’s has reaffirmed the Island’s Aa3 stable credit rating and highlighted an aaa assessment of fiscal strength. Moody’s cited low debt, prudent fiscal policy, substantial reserves and strong institutions, while also pointing to labour shortages as the main challenge. The report forecasts real gross domestic product growth of 2.2% in 2026 and around 3% in the medium term.