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The economy of Northern Ireland is the smallest of the four constituents of the United Kingdom and the smaller of the two jurisdictions on the island of Ireland.
This slide pack provides a high-level statistical summary of the Northern Ireland economy and labour market and should be considered in conjunction with the detailed supporting information...
Northern Ireland’s economy is closely bound to that of the rest of the United Kingdom. Although historically the economic links between Northern Ireland and its closest neighbour, the republic of Ireland, were remarkably underdeveloped, trade between the two has grown substantially.
According to the latest figures (median gross weekly pay in 2022 for full-time employees) across the 12 regions of the UK, Northern Ireland had the third lowest pay (£592), ahead of the North East of England (£575) and Yorkshire and the Humber (£579). The UK average was £640.
Northern Ireland's economy returned to growth in the third quarter of 2023, with output expanding by 0.6% over the quarter and 2.2% over the year. The figure from the NI Statistics and Research...
Northern Ireland’s economy grew by 0.4% in the second quarter of 2024, official data suggests. The growth came from construction and the services sector, which is the largest part of the...
Northern Ireland’s economy grew strongly in the first quarter of 2024, official data suggests. The economy expanded by 1.4% compared to the final quarter of 2023. Most of that growth came from...
Key Points. Positives. Economic growth. Northern Ireland’s economy has grown 38% in real terms since the Belfast/Good Friday Agreement was signed in 1998. During the same period, the economies...
The output of the Northern Ireland economy reached a 13 year high during the summer of 2021. The services sector grew strongly as the economy fully reopened from a pandemic lockdown.
In 2021 the gross domestic product of Northern Ireland amounted to 48.4 billion British pounds, compared with 44.4 billion pounds in 2020, a GDP growth rate growth rate of around nine...