In 2007 the Annual Business Inquiry estimated turnover from businesses
to be worth £53,366 million (excluding VAT), an increase of 5.5% compared to the previous year.
Gross Value Added (a measure of the value of economic activity generated by businesses)
was estimated at £17,225 million, up 7.5% over the year.
In addition, manufacturing exports from NI increased by 8.5% (£428 million)
over the year to £5.5 billion. Total sales to the Republic of Ireland (ROI) in 2007/08 were £1.7 billion,
up £150 million (10.0%) over the year (2006/07 – 2007/08).
Statistical information on the NI economy can be obtained from a number of sources:
1. Major Economic Statistics – headline economic statistics for Northern Ireland.
2. Regional Gross Value Added - Gross Value Added statistics across the UK
Detailed Economic statistics for small areas can also be obtained from the Northern Ireland Neighbourhood Information Service website
by clicking here