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Text and Research: Fionnuala McKenna and Martin Melaugh
Material is added to this site on a regular basis - information on this page may change
Economy, Finance, Industry and Trade
The information below refers mainly to the 1990s.
The subvention from Britain to Northern Ireland was £3,340 million in 1995-96. The subvention represents the shortfall between the total amount of money that is raised in Northern Ireland, mainly in taxation, and the total amount spent in the region, mainly on public services and security. The subvention grew steadily over the period from 1970 to 1996 (NI-ECO-02; NI-ECO-03). More recent figures for the subvention appear not to be available.
Northern Ireland is currently enjoying a period of economic
growth, with output and employment rising and unemployment falling.
Gross Domestic Product (GDP) is defined as the sum of all
incomes earned from productive activity. GDP per head is taken
to be a good indication of a region's relative prosperity. Between 1989 and 1996,
GDP per head in Northern Ireland increased almost by 58%. This
compares with a 49.9% increase in the UK as a whole. Having said
this however, GDP per head in Northern Ireland remained lower
than the rest of the UK.
Personal disposable income in Northern Ireland has been consistently
lower than the rest of the UK, and average gross weekly earnings
are also lower than those in other parts of the UK. In 1997, average
gross weekly earnings in Northern Ireland were £319.70 compared
to £372.20 in England.
Unemployment in Northern Ireland fell from 16.8% in 1986 to 8.2% in
1997.
Manufacturing output in Northern Ireland has increased significantly
over the past 5 years, and at a faster rate of growth than that
of the UK as a whole. Between 1997 - 1998, Northern Ireland output
increased by 2.3% in comparison to an increase of 0.2% for the
UK as a whole. Industrial production in Northern Ireland increased
in the 5 years between 1991-1996 by nearly 17%, whilst the rest
of the UK increased by only 11.7%.
House prices in Northern Ireland rose at a significantly
faster rate than the general UK rate of inflation. Northern Ireland
house prices in the 3rd quarter of 1998 were 55.6%
higher than prices in the same quarter of 1993. The boom in house prises contined until the collapse in 2008.
In the late 1990s leading supermarket chains in Britain made major investments in Northern Ireland, and created thousands
of new jobs.
In 1997-1998, the highest proportion of public expenditure
in Northern Ireland (32.12%) was spent
on Social Security, and 11.25% was spent on law and order.
There is a considerable amount of cross-border trade between
Northern Ireland and the Republic of Ireland, with the Republic
being Northern Ireland's No. 1 export market. However, analysis
of visible trade figures (excluding services) shows that Northern Ireland has
experienced a trade deficit with the Republic of Ireland every
year since 1981. The trade figures for 1997 show that Northern Ireland
exports to the Republic amounted to £663.7m (IR£716.1m),
whilst imports from the Republic totaled £947.7m (IR£1,022.5m).
This in turn represented a trade deficit of £284 million (IR£306.4m).
Sources:
The following tables provide further breakdowns of statistics
on the economy in Northern Ireland. Much of this material has
been taken from the Northern Ireland Annual Abstract of Statistics
(1998), Regional Trends and the Irish Almanac and Yearbook of
Facts (1999).
Readers may also find useful information at the website of the
Northern Ireland Statistics and Research Agency
{external_link} or the Department of Finance and Personnel,
Economics Division
{external_link}.
List of Tables
Table NI-ECO-02: Subvention (£ million) to Northern Ireland from the United Kingdom, 1966-67 to 1992-93
Table NI-ECO-03: United Kingdom Subvention (£ million) to Northern Ireland, 1979-80 to 1995-96
Gross Domestic Product: Northern Ireland, 1990-1996
Gross Domestic Product: Northern Ireland, England, Scotland and Wales 1989-1996
Personal Income and Disposable Personal Income, 1986-1996: England, Scotland, Wales and Northern Ireland
Average Gross Weekly Earnings of Adult Employees in Northern Ireland, 1997
Average gross weekly earnings, 1997: Northern Ireland, England, Scotland and Wales (£ per wk)
Unemployment in Northern Ireland: Claimant based, 1973-1997
Northern Ireland: Public Expenditure, 1994-2000
Northern Ireland: Top 30 Companies 1998
Number of Overseas Companies in Northern Ireland, 1997
Northern Ireland: Top Five Export Markets by Sector, 1996/1997
Northern Ireland: Trade, 1992-1997
Cross-Border Trade, 1990-1997
Economic Statistics, 1992-1996 - Northern Ireland and the Republic of Ireland
Indirect Indicators of Demand, Northern Ireland 1994 to 1998
Cost of Living and Inflation Rates in the UK, 1987-1997
The Tables
Table NI-ECO-02: Subvention (£ million) to Northern Ireland from the United Kingdom, 1966-67 to 1992-93 |
Year |
Actual Prices (£ million) |
1992 Prices (£ million) 3 |
Including Security |
Excluding Security |
Extra Army Costs |
Including Security |
Excluding Security |
Extra Army Costs |
1966-67 |
52 |
n/a 1 |
n/a 2 |
489 |
n/a 1 |
n/a 2 |
1967-68 |
63 |
n/a 1 |
n/a 2 |
576 |
n/a 1 |
n/a 2 |
1968-69 |
74 |
n/a 1 |
n/a 2 |
644 |
n/a 1 |
n/a 2 |
1969-70 |
74 |
n/a 1 |
2 |
612 |
n/a 1 |
17 |
1970-71 |
88 |
n/a 1 |
7 |
673 |
n/a 1 |
54 |
1971-72 |
126 |
n/a 1 |
14 |
883 |
n/a 1 |
98 |
1972-73 |
181 |
n/a 1 |
29 |
1,173 |
n/a 1 |
188 |
1973-74 |
312 |
292 |
33 |
1,890 |
1,769 |
200 |
1974-75 |
389 |
280 |
45 |
1,969 |
1,417 |
228 |
1975-76 |
565 |
413 |
60 |
2,279 |
1,666 |
242 |
1976-77 |
620 |
450 |
65 |
2,202 |
1,598 |
231 |
1977-78 |
688 |
515 |
69 |
2,149 |
1,609 |
216 |
1978-79 |
848 |
648 |
81 |
2,389 |
1,826 |
228 |
1979-80 |
944 |
695 |
96 |
2,280 |
1,678 |
232 |
1980-81 |
1,090 |
781 |
111 |
2,224 |
1,594 |
226 |
1981-82 |
1,064 |
716 |
149 |
1,980 |
1,332 |
277 |
1982-83 |
1,149 |
783 |
143 |
1,996 |
1,360 |
248 |
1983-84 |
1,305 |
921 |
141 |
2,167 |
1,529 |
234 |
1984-85 |
1,489 |
1,077 |
121 |
2,353 |
1,702 |
191 |
1985-86 |
1,536 |
1,087 |
135 |
2,301 |
1,629 |
202 |
1986-87 |
1,593 |
1,099 |
144 |
2,312 |
1,595 |
209 |
1987-88 |
1,570 |
1,010 |
166 |
2,160 |
1,390 |
228 |
1988-89 |
1,698 |
1,095 |
174 |
2,178 |
1,404 |
223 |
1989-90 |
1,757 |
1,095 |
201 |
2,115 |
1,318 |
242 |
1990-91 |
2,018 |
1,291 |
218 |
2,249 |
1,439 |
243 |
1991-92 |
2,436 |
1,620 |
317 |
2,540 |
1,689 |
330 |
1992-93 4 |
3,296 |
2,365 |
n/a 5 |
3,296 |
2,365 |
n/a 5 |
Notes: |
1. Separate figures for security costs within subvention are available only from 1973-74. Until 1978-79 the costs shown were law and order costs borne on United Kingdom votes: from 1979-80 the cost are those of the NIO and the NI Court Service. |
2. Figures for extra Army costs are available only from 1969-70. |
3. Actual prices have been converted to 1992 prices by applying the appropriate Gross Domestic Product Deflator. |
4. Figures for 1992-93 are provisional. |
5. Figures for extra Army costs for 1992-93 are not yet available. |
Source: |
Written answer by Mr Mates to House of Commons parliamentary question from Mr. McNamara on 22 March 1993. http://www.parliament.the-stationery-office.co.uk/pa/
cm199293/cmhansrd/1993-03-22/Writtens-5.html |
Table also available as: |
Rich Text Format (RTF) Document; Microsoft Excel Document |
Table NI-ECO-03: United Kingdom Subvention (£ million) to Northern Ireland, 1979-80 to 1995-96 |
Year |
Total 1 |
Maff Expenditure In Northern Ireland |
National Insurance Transfers |
Grant In Aid |
Northern Ireland Office Expenditure |
Vat Refunds |
Defence Expenditure 2 |
Courts Expenditure |
1979-80 |
956 |
37 |
72 |
590 |
245 |
12 |
96 |
4 |
1980-81 |
1098 |
35 |
99 |
640 |
308 |
16 |
111 |
6 |
1981-82 |
1073 |
35 |
96 |
585 |
339 |
18 |
149 |
7 |
1982-83 |
1141 |
52 |
85 |
630 |
356 |
18 |
143 |
7 |
1983-84 |
1302 |
51 |
77 |
775 |
372 |
27 |
141 |
14 |
1984-85 |
1479 |
53 |
95 |
905 |
401 |
25 |
121 |
14 |
1985-86 |
1544 |
65 |
60 |
955 |
437 |
27 |
135 |
13 |
1986-87 |
1606 |
72 |
175 |
845 |
481 |
33 |
144 |
14 |
1987-88 |
1656 |
69 |
155 |
855 |
546 |
31 |
168 |
16 |
1988-89 |
2159 |
63 |
185 |
1300 |
582 |
29 |
174 |
23 |
1989-90 |
2108 |
80 |
210 |
1150 |
639 |
29 |
201 |
28 |
1990-91 |
2117 |
86 |
225 |
1065 |
700 |
41 |
218 |
28 |
1991-92 |
2543 |
95 |
125 |
1495 |
806 |
22 |
317 |
32 |
1992-93 |
3236 |
95 |
40 |
2185 |
916 |
n/a |
320 |
41 |
1993-94 |
3505 |
121 |
40 |
2392 |
952 |
n/a |
n/a |
n/a |
1994-95 |
2895 |
141 |
145 |
1650 |
959 |
n/a |
n/a |
n/a |
1995-96 |
3340 |
152 |
125 |
2129 |
934 |
n/a |
n/a |
n/a |
Notes: |
1. Total excludes defence expenditure (by Ministry of Defence) and courts expenditure (by Lord Chancellors department) |
2. Until 1993, the House of Lords Hansard reported each July on the subvention from the UK to Northern Ireland. The inclusion of Courts Service and Ministry of Defence expenditure, using this source, is therefore from 1979/80 to 1993/94. |
Source: |
Hutchinson, Graeme. (1998) Public Expenditure In The Regional Economy Of Northern Ireland: Has The Growth Of The 1970s Been Sustained?, Journal of the Statistical and Social Inquiry Society of Ireland, Vol. XXVIII, Part I. [Read before the Society, 22 October 1998] |
Original sources: Financial Statement (Northern Ireland) - various issues; Hansard (House of Lords) |
Table also available as: |
Rich Text Format (RTF) Document; Microsoft Excel Document |
Gross Domestic Product: Northern Ireland, 1990-1996
. | 1990
| 1991 | 1992
| 1993 | 1994
| 1995 | 1996
|
By type of income (£million) |
Income from employment | 6,618
| 7,321 | 7,653
| 7,942 | 8,295
| 8,699 | 8,943
|
Income from self-employment and gross trading profits
| 2,789 | 2,794
| 2,946 | 3,253
| 3,563 | 3,815
| 3,896 |
Rent | 906 |
1,035 | 1,193
| 1,325 | 1,377
| 1,501 | 1,575
|
Less stock appreciation | 147
| 51 | 132
| 86 | 144
| 125 | -57
|
By industry (£million) |
Agriculture, Fisheries & Forestry | 435
| 477 | 513
| 526 | 582
| 627 | 651
|
Mining & Quarrying | 47
| 51 | 52
| 55 | 71
| 84 | 88
|
Manufacturing | 2,150
| 2,235 | 2,198
| 2,433 | 2,496
| 2,657 | 2,769
|
Electricity, Gas & Water | 281
| 371 | 346
| 369 | 372
| 361 | 381
|
Construction | 703
| 649 | 729
| 701 | 712
| 765 | 789
|
Distribution, Hotels & Catering | 1,288
| 1,414 | 1,463
| 1,560 | 1,666
| 1,844 | 1,949
|
Transport & Communication | 554
| 598 | 617
| 632 | 674
| 750 | 784
|
Financial & Business Services | 1,511
| 1,653 | 1,901
| 2,095 | 2,306
| 2,396 | 2,530
|
Public Administration & H. M. Forces |
1,498 | 1,648
| 1,751 | 1,822
| 1,707 | 1,715
| 1,751 |
Education & Health Services | 1,547
| 1,814 | 1,942
| 2,066 | 2,359
| 2,493 | 2,555
|
Other Services | 152
| 188 | 149
| 175 | 147
| 198 | 224
|
GROSS DOMESTIC PRODUCT | 10,166
| 11,098 | 11,661
| 12,434 | 13,092
| 13,890 | 14,471
|
% increase in GDP | -
| 9.167 | 5.072
| 6.628 | 5.291
| 6.095 | 4.182
|
GDP per head (£) | 6,396
| 6,930 | 7,205
| 7,620 | 7,974
| 8,423 | 8,700
|
GDP as % of UK | 2.2
| 2.3 | 2.3
| 2.3 | 2.3
| 2.3 | 2.3
|
GDP per head as % of UK | 78.0
| 81.7 | 81.7
| 82.1 | 81.6
| 82.6 | 81.2
|
Source: Irish Almanac and Yearbook of Facts, 1999, p.178
Northern Ireland Annual Abstract of Statistics, p.144
Gross Domestic Product: Northern Ireland, England,
Scotland and Wales
1989-1996
. | 1989
| 1990 | 1991
| 1992 | 1993
| 1994 | 1995
| 1996 |
£ million |
England | 370,745
| 401,346 | 416,033
| 434,078 | 458,553
| 484,358 | 506,245
| 534,945 |
Wales | 18,830
| 20,306 | 20,918
| 21,410 | 22,311
| 23,774 | 25,088
| 25,995 |
Scotland | 36,253
| 40,231 | 42,231
| 44,589 | 46,840
| 49,720 | 52,518
| 54,430 |
Northern Ireland | 9,232
| 10,166 | 11,098
| 11,660 | 12,434
| 13,091 | 13,890
| 14,470 |
| | |
| | | |
| |
As a percentage of the UK (less continental shelf and statistical discrepancy)
|
England | 85.2
| 85.0 | 84.9
| 84.8 | 84.9
| 84.8 | 84.7
| 84.9 |
Wales | 4.3
| 4.3 | 4.3
| 4.2 | 4.1
| 4.2 | 4.2
| 4.1 |
Scotland | 8.3
| 8.5 | 8.6
| 8.7 | 8.7
| 8.7 | 8.8
| 8.6 |
Northern Ireland | 2.1
| 2.2 | 2.3
| 2.3 | 2.3
| 2.3 | 2.3
| 2.3 |
| | |
| | | |
| |
£ per head |
England | 7,755
| 8,363 | 8,630
| 8,973 | 9,448
| 9,944 | 10,352
| 10,897 |
Wales | 6,562
| 7,056 | 7,234
| 7,387 | 7,676
| 8,161 | 8,601
| 8,899 |
Scotland | 7,113
| 7,885 | 8,269
| 8,724 | 9,148
| 9,688 | 10,224
| 10,614 |
Northern Ireland | 5,832
| 6,396 | 6,930
| 7,205 | 7,620
| 7,974 | 8,423
| 8,700 |
Source: Office for National Statistics. Regional Trends
1998, p.145
Personal Income and Disposable Personal Income , 1986-1996:
England, Scotland, Wales and Northern Ireland
. | 1986
| 1991 | 1992
| 1993 | 1994
| 1995 | 1996
|
Personal Income (£m)
|
England | 282,285
| 437,054 | 462,619
| 483,995 | 506,465
| 537,673 | 570,500
|
Wales | 14,108
| 22,308 | 23,588
| 24,190, | 25,445
| 27,078 | 28,004
|
Scotland | 29,083
| 45,444 | 48,930
| 50,924, | 52,323
| 55,732, | 57,774
|
Northern Ireland | 7,666
| 12,112 | 13,076
| 13,864 | 14,680
| 15,614 | 16,128
|
| | |
| | | |
|
£ per head |
England | 5,962
| 9,066 | 9,563
| 9,973 | 10,398
| 10,995 | 11,622
|
Wales | 5,004
| 7,715 | 8,138
| 8,323 | 8,735
| 9,283 | 9,587
|
Scotland | 5,679
| 8,898 | 9,573
| 9,946 | 10,195
| 10,850 | 11,266
|
Northern Ireland | 4,893
| 7,563 | 8,080
| 8,496 | 8,942
| 9,469 | 9,696
|
| | |
| | | |
|
Personal Disposable Income
£ per head
|
England | 4,719
| 7,084 | 7,555
| 7,959 | 8,252
| 8,699 | 9,256,
|
Wales | 4,044
| 6,309 | 6,690
| 6,858 | 7,168
| 7,599 | 7,881
|
Scotland | 4,520
| 7,143 | 7,747
| 8,056 | 8,193
| 8,701 | 9,102
|
Northern Ireland | 4,028
| 6,385 | 6,839
| 7,208 | 7,537
| 7,960 | 8,181
|
Source: Regional Trends 1998, p.150
Average Gross Weekly Earnings of Adult Employees in Northern
Ireland, 1997 (£ per week)
. | 1991
| 1992 | 1993
| 1994 | 1995
| 1996 | 1997
|
Full Time Manual
(inc O/T) | 177.5
| 191.6 | 194.4
| 198.6 | 209.35
| 216.4 | 221.25
|
Full Time Manual
(exc O/T) | 161.3
| 171.1 | 174.1
| 178.45 | 186.65
| 194.0 | 198.3
|
| | |
| | | |
|
Full Time Non-Manual (inc O/T) | 275.75
| 304.8 | 318.5
| 324.3 | 338.5
| 343.5 | 358.7
|
Full Time Non-Manual (exc O/T) | 261.95
| 289.05 | 302.0
| 306.95 | 324.3
| 330.8 | 343.65
|
| | |
| | | |
|
Part Time Manual
(inc O/T) | 72.5
| 75.25 | 75.0
| 81.15 | 84.15
| 92.1 | 87.85
|
Part Time Non-Manual (inc O/T) | 79.95
| 87.5 | 89.4
| 92.2 | 111.25
| 103.0 | 132.05
|
(Figures taken from Northern Ireland annual Abstract of
Statistics, 1998, p119)
Average gross weekly earnings,
1997:
Northern Ireland, England, Scotland and Wales (£ per wk)
. | Males
| Females
| All Persons
|
England | 414.0
| 301.3
| 372.7
|
Wales | 363.5
| 269.0
| 330.1
|
Scotland | 378.0
| 272.4
| 336.8
|
Northern Ireland
| 355.9
| 265.2
| 319.7
|
Source: Office for National Statistics, Regional Trends,
1998.
Unemployment in Northern Ireland:
Claimant based, 1973-1997
. | Number
| Percentage of the Workforce
|
Males
| Females
| Persons
| Males
| Females
| Persons
|
1973
| 20,300
| 6,600
| 26,800
| 5.1
| 3.2
| 4.5
|
1974
| 19,600
| 6,000
| 25,600
| 5.0
| 2.8
| 4.2
|
1975
| 25,700
| 8,700
| 34,400
| 6.5
| 3.9
| 5.5
|
1976
| 32,200
| 12,400
| 44,700
| 7.9
| 5.5
| 7.1
|
1977
| 35,500
| 13,500
| 49,000
| 8.8
| 5.8
| 7.7
|
1978
| 37,900
| 14,800
| 52,600
| 9.3
| 6.0
| 8.1
|
1979
| 37,100
| 15,400
| 52,500
| 9.0
| 6.0
| 7.9
|
1980
| 44,100
| 18,700
| 62,800
| 10.7
| 7.2
| 9.3
|
1981
| 61,700
| 23,600
| 85,200
| 14.8
| 9.1
| 12.6
|
1982
| 69,500
| 26,800
| 96,300
| 16.8
| 10.2
| 14.3
|
1983
| 78,100
| 27,800
| 105,900
| 18.2
| 10.3
| 15.2
|
1984
| 80,400
| 29,000
| 109,400
| 18.7
| 10.5
| 15.5
|
1985
| 82,000
| 29,900
| 111,900
| 18.8
| 10.6
| 15.6
|
1986
| 89,100
| 32,500
| 121,600
| 20.3
| 11.4
| 16.8
|
1987
| 88,300
| 32,100
| 120,400
| 19.9
| 11.1
| 16.4
|
1988
| 81,500
| 29,600
| 111,100
| 18.3
| 10.1
| 15.0
|
1989
| 76,400
| 27,000
| 103,300
| 17.4
| 9.0
| 14.0
|
1990
| 72,300
| 23,100
| 95,300
| 16.3
| 7.6
| 12.8
|
1991
| 76,100
| 23,100
| 99,100
| 16.7
| 7.4
| 12.9
|
1992
| 80,700
| 24,000
| 104,700
| 18.0
| 7.7
| 13.8
|
1993
| 80,100
| 23,600
| 103,700
| 18.0
| 7.6
| 13.7
|
1994
| 75,200
| 21,800
| 971,00
| 16.6
| 6.9
| 12.6
|
1995
| 68,600
| 19,500
| 88,100
| 15.3
| 6.0
| 11.4
|
1996
| 65,000
| 19,000
| 84,000
| 14.7
| 5.8
| 10.9
|
1997
| 50,000
| 13,400
| 63,200
| 11.3
| 4.1
| 8.2
|
Source: Northern Ireland Annual Abstract
of Statistics, 1998, p.101
Northern Ireland: Public Expenditure,
1994-2000
. | 1994-
1995
| 1995-
1996 |
1996-
1997 | 1997-
1998
| 1998-
1999* |
1999-
2000* |
Sector (£m) |
Law, Order & Protection Services
| 959 | 934
| 901 | 929
| 912 | 923
|
National Agriculture & Fisheries Support
| 141 | 152
| 186 | 176
| 164 | 165
|
NI Agriculture, Forestry & Fisheries Support
| 160 | 132
| 151 | 152
| 137 | 137
|
Industry, Energy, Trade & Employment
| 432 | 430
| 474 | 488
| 459 | 444
|
Transport | 177
| 174 | 172
| 165 | 161
| 161 |
Housing | 226
| 246 | 248
| 243 | 243
| 240 |
Environmental & Miscellaneous Services
| 208 | 217
| 243 | 205
| 171 | 160
|
Fire service | 40
| 42 | 43
| 44 | 44
| 44 |
Education, Arts & Libraries |
1,295 | 1,355
| 1,401 | 1,376
| 1,383 | 1,401
|
Health & Personal Social Services
| 1,418 | 1,518
| 1,600 | 1,645
| 1,672 | 1,690
|
Social Security | 2,232
| 2,380 | 2,586
| 2,652 | 2,750
| 2,854 |
Other Public Services | 75
| 62 | 85
| 56 | 56
| 55 |
Euro-Regional Funded Expenditure |
62 | 63
| 95 | 94
| 103 | 89
|
TOTAL | 7,425
| 7,705 | 8,185
| 8,225 | 8,255
| 83,63 |
* forecast
Source: Irish Almanac and Yearbook
of Facts, 1999, p.178
Northern Ireland: Top 30 Companies 1998
Rank | Company
| Nature of Business | Estimated Turnover (£ m)
| Profit
(£ m)
| Number of Employees
|
1 | NIE Plc
| Electricity Service | 500.4
| 76.7 | 2,130
|
2 | Short Bros. Plc.
| Aircraft Manufacturers | 358.0
| 30.1 | 8,492
|
3 | Glen Electric Ltd
| Domestic Heating | 347.8
| 23.2 | 3,473
|
4 | Powerscreen International Plc
| Screening Equipment | 304.8
| 42.3 | 1,974
|
5 | F.A. Wellworth
| Supermarket Proprietors | 291.6
| 17.2 | 4,979
|
6 | United Dairy Farmers
| Dairy / Milk Products | 261.9
| 0.7 | 716
|
7 | F.G. Wilson Group
| Electrical Generators | 247.1
| 35.3 | 1,563
|
8 | Dunnes Stores (Bangor) Ltd.
| Supermarkets | 223.0
| 18.1 | 1,615
|
9 | Norterl (NI)
| Telecommunications | 215.5
| 25.7 | 1,186
|
10 | John Henderson Ltd.
| Grocery Wholesa | 180.6
| 2.9 | 956
|
11 | Harland & Wolff Group
| Ship Building | 178.3
| (-1.5) | 1,701
|
12 | J & J Haslett Ltd.
| Grocery Wholesale | 173.0
| 7.0 | 904
|
13 | Charles Hurst Ltd.
| Vehicle Distributors | 166.4
| 5.2 | 523
|
14 | Stewarts Supermarkets Ltd.
| Supermarkets | 154.9
| 0.1 | 3,905
|
15 | Nigen Ltd.
| Electricity Supply | 142.9
| 23.3 | 368
|
16 | Moy Park ltd.
| Poultry Products | 140.8
| (-0.3) | 2,758
|
17 | Nacco Materials Handling (NI) Ltd.
| Fork Lift Manufacturers | 140.2
| 5.8 | 752
|
18 | Premier Power Ltd.
| Electricity Supply | 128.0
| 6.3 | 392
|
19 | Desmond & Sons Ltd.
| Clothing Manufacturers | 118.3
| 71.0 | 2,447
|
20 | Alchem Plc.
| Pharmaceuticals | 113.1
| 1.7 | 238
|
21 | Leckpatrick Dairies Ltd.
| Dairy Products | 112.0
| 2.6 | 192
|
22 | Maxol Oil Ltd.
| Petroleum / Oil Distributors | 110.5
| (-0.9) | 87
|
23 | Daewoo Electronics UK Ltd.
| Video Recorder Manufacturers | 110.3
| (-0.4) | 854
|
24 | NI Transport Holding
| Transport | 107.3
| 6.2 | 3,588
|
25 | Boxmore International Plc
| Packaging Manufacturers | 100.7
| 16.8 | 1,017
|
26 | Andrews Holdings Ltd.
| Animal Feeds & Flour | 96.7
| 2.3 | 885
|
27 | NI Co-Op Society Ltd.
| Supermarkets | 95.9
| 3.0 | 887
|
28 | Lamont Textiles Ltd.
| Textile Products | 94.7
| 6.1 | 1,216
|
29 | Rotary Group Ltd.
| Electrical Engineers | 93.1
| 3.8 | 2,023
|
30 | Fayrefield Foods Ireland Ltd.
| Dairy Products | 92.8
| 0.4 | 18
|
Source: Irish Almanac and Yearbook of Facts, 1999, p.168
Number of Overseas Companies in
Northern Ireland, 1997
Company's country of origin
| Number
|
North America |
52 |
United Kingdom |
47 |
Rest of Europe |
14 |
Republic of Ireland
| 13
|
Asia / Pacific |
10 |
Germany | 10
|
Total |
152
|
Source: Irish Almanac and Yearbook
of Facts 1999, p.170
Northern Ireland: Top Five Export Markets by Sector,
1996/1997
Country (£m) | Textiles, Clothing & Leather
| Food, Drink & Tobacco
| Engineering | Other
| Total |
Republic of Ireland | 86.3
| 165.4 | 53.5
| 246.9 | 552.1
|
Germany | 9.7
| 29.1 | 133.9
| 91.5 | 264.2
|
United States | 27.3
| 9.4 | 142.7
| 25.1 | 204.2
|
Asia | 28.2
| 26.6 | 211.6
| 41.3 | 307.7
|
France | 16.9
| 64.9 | 53.9
| 58.6 | 194.3
|
Total | 168.4
| 295.4 | 595.6
| 463.4 | 1,522.8
|
Source: Irish Almanac and Yearbook of Facts, 1999, p.174
Northern Ireland: Trade figures, 1992-1997
Year | Imports
(tonnes)
| Exports
(tonnes)
|
1992 | 12,937
| 4,392 |
1993 | 13,859
| 4,688 |
1994 | 14,380
| 4,958 |
1995 | 14,952
| 5,083 |
1996 | 14,918
| 4,981 |
1997 | 14,175
| 5,142 |
Source: Irish Almanac and Yearbook of Facts, 1999, p.173
Cross-Border Trade, 1990-1997
Year | Imports by RoI
from NI (IR£m)
| Exports by RoI
to NI (IR£m)
|
1990 | 200.1
| 816.1 |
1991 | 496.1
| 789.4 |
1992 | 468.2
| 825.1 |
1993 | 417.2
| 701.0 |
1994 | 536.8
| 721.9 |
1995 | 651.2
| 785.3 |
1996 | 642.4
| 822.6 |
1997 | 716.1
| 1,022.5 |
Source: Irish Almanac and Yearbook of Facts, 1999, p.173
Economic Statistics, 1992-1996 - Northern Ireland and
the Republic of Ireland
Year (£m) | 1992
| 1993 | 1994
| 1995 | 1996
|
Northern Ireland | Gross Domestic Product
| 11,660 | 12,434
| 13,091 | 13,890
| 14,470 |
Consumer Spending | 9,373
| 9,805 | 10,475
| 11,222 | |
Personal Disposable Income
| 11,081 | 11,887
| 12,541 | 13,236
| |
Republic of Ireland | Gross Domestic Product
| 29,980 | 32,218
| 34,844 | 38,638
| 42,104 |
Gross National Product |
26,771 | 28,698
| 31,269 | 34,129
| 36,983 |
Source: Irish Almanac and Yearbook of Facts, 1999, p.178
Indirect Indicators of Demand,
Northern Ireland 1994 to 1998
. | % Change on Previous Year
|
1994
| 1995
| 1996
| 1997
| 1998
|
New Car Registrations
| 8.0
| 0.3
| 6.0
| 12.7
| 18.4
|
New Private Housing Starts
| 8.8
| 3.7
| 3.4
| 10.5
| 2.3*
|
* Percentage change between the third quarter of 1997 and the third quarter of 1998
|
Source: DOE
Cost of Living and Inflation Rates in the UK, 1987-1997
| Long-term index of consumer goods and services
| Comparable purchasing power of £1 in 1997
| Rate of inflation (annual average)
|
1987 | 101.9
| 1.55 | 4.2
|
1988 | 106.9
| 1.47 | 4.9
|
1989 | 115.2
| 1.37 | 7.8
|
1990 | 126.1
| 1.25 | 9.5
|
1991 | 133.5
| 1.18 | 5.9
|
1992 | 138.5
| 1.14 | 3.7
|
1993 | 140.7
| 1.12 | 1.6
|
1994 | 144.1
| 1.09 | 2.4
|
1995 | 149.1
| 1.06 | 3.5
|
1996 | 152.7
| 1.03 | 2.4
|
1997 | 157.5
| 1.00 | 3.1
|
Source: Whittakers Almanac, 1999, p.609
|