Latest Reporting Unit results – published 29 November 2017.
- Turnover, defined as the value of total sales and work done by businesses in Northern Ireland, was estimated to be worth £68,881 million in 2016 (excluding VAT): an increase of 2.7% compared to 2015.
- After expenditure on goods and services was accounted for, this represented a total figure of £21,540 million in terms of approximate Gross Value Added (aGVA). aGVA, which is a measure of the value of economic activity generated by businesses, increased by 5.4% (£1,108 million) over the year.
- The key contributor to the 2016 aGVA growth was the production sector with an increase of 6.8% (£413 million) between 2015 and 2016.
- The construction sector also recorded significant growth in aGVA, increasing by £356 million (18.8%), from £1.90 billion to £2.25 billion. The construction sector has grown for the last three consecutive years, following five years of declining values.
- The non-financial services sector aGVA increased by £289 million (3.8%) between 2015 and 2016.
- aGVA in the distribution industries showed no significant change (+0.8%) between 2015 and 2016. Turnover and purchases recorded small growth rates, increasing by 1.2% and 1.1% respectively.
Current publication and tables
- Annual Business Inquiry - 2016 Reporting Unit Results published 29 November 2017
- Annual Business Inquiry - 2015 Local Unit Results published 21 June 2017
NI ABI Questionnaire
For details of changes to the NI Annual Business Inquiry questionnaire for survey year 2014 please see the link below: