The Island's Gross Domestic product has risen by 7.4 per cent during the 2016/17 financial year.
The figure was published in the National Income Report - which also stated 16 of the 24 sectors covered in it showed areas of growth.
Meanwhile, it adds total personal income has increased by 4.4 per cent.
Minister for Enterprise, Laurence Skelly, says the rise in corporate profits and income for the population is 'really encouraging'.
Date set for flagship maritime industry event
A gathering described as the Island's flagship maritime event will be taking place next month.
14th Aviation Conference takes place this week
An event in Douglas this week will gather together some of the top names in the aviation industry.
Financial Intelligence Unit releases guide on spotting modern slavery
The Island's Financial Intelligence Unit has published a new document outlining red flags businesses should watch out for when it comes to human trafficking and modern slavery.
Total of 70 ships and companies sanctioned over Ukraine war
The Isle of Man has added 70 companies and ships to its sanctions list because of their involvement in the Ukraine war.
New stamps celebrate Island supercar culture
A new collection of stamps is being released by the Post Office to celebrate supercar culture and the Island's motorsport heritage.
New survey to gauge how confident businesses are
A new government survey's been launched to measure business confidence on the Island.
Tynwald to consider scrapping some government agencies
Should government agencies in the Department for Enterprise be scrapped?
Bank deposits up by nearly £3 billion on last year
The Island's finance regulator says almost £3 billion more has been placed in banks here than this time last year.
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