NI Composite Economic Index

The NICEI is an experimental quarterly measure of the performance of the NI economy based on available official statistics.

Headline results

Latest results - published 17th January 2019:

  • The Northern Ireland Composite Economic Index (NICEI) results show that NI economic activity was estimated to have increased by 0.4% in real terms from Quarter 2 (April – June) 2018 to Quarter 3 (July – September) 2018. The index increased by 2.1% over the year to Quarter 3 2018.
  • Over the last two years annual output (averaged over the four quarters to Quarter 3 2018 compared to the previous four quarters) increased by 0.5%. Although the measures are not produced on a fully equivalent basis, comparisons with the UK over the same period show that the NICEI grew at a slower rate (0.5%) than UK GDP (1.5%). In the UK quarterly (0.6%) growth was slightly higher but annual (1.5%) growth was lower than that recorded for NI (0.4% and 2.1% respectively).
  • The NI private sector index was estimated to have increased by 0.6% over the quarter and by 2.5% over the year to Quarter 3 2018.
  • The Public sector jobs index decreased by 0.2% over the quarter but increased by 0.6% over the year to Quarter 3 2018.

Current publication, press release and tables

Archive data

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Contacts for NI Composite Economic Index

Composite Economic Index

David Leonard
Tel: 028 9052 9385