The Northern Ireland Statistics and Research Agency has today released headline results from the 2019 Northern Ireland Annual Business Inquiry (ABI) survey.
Growth in aGVA, turnover and purchases between 2018 and 2019
The key findings include:
- Total aGVA was estimated to be worth £26.2 billion at basic prices in 2019. This represented a rise of 9.7% (£2.3 billion) compared to 2018.
- Turnover for NI businesses increased by 4.6% between 2018 and 2019 to £71.9 billion, while the cost of purchases of goods, services and energy increased by 0.5% to £46.4 billion.
Growth in the production, construction, distribution and non-financial services sectors
- The key driver of aGVA growth was in the NI non-financial services sector which increased by £1,354 million (14.7%) between 2018 and 2019. The majority of aGVA growth in this sector is attributable to the transport and storage section which increased by £548 million (34.1%).
- Retail and wholesale trade within the distribution sector recorded aGVA growth of £614 million (10.9%).
- aGVA in the construction sector recorded a growth of £254 million (9.3%).
- aGVA in the production sector increased by £86 million (1.4%) from 2018 to 2019.
- Full detailed results are available in the Northern Ireland Annual Business Inquiry Statistics Bulletin
Notes to editors:
- For media enquiries, please contact the Department for the Economy Press Office at pressoffice@economy-ni.gov.uk.
- The Executive Information Service operates an out of hours service for media enquiries only between 1800hrs and 0800hrs Monday to Friday and at weekends and public holidays. The duty press officer can be contacted on 028 9037 8110.
- Follow us on Twitter
- Feedback is welcomed and should be addressed to Daniel Hogg, Economic & Labour Market Statistics Branch (ELMS), on 028 9025 5169 or at Daniel.Hogg@nisra.gov.uk
- Follow ELMS on Twitter
Latest news
- Seating Matters to expand clinical manufacturing facility with 62 jobs across Limavady and Derry 18 November 2024
- Murphy: Dublin based Spark to set up AI and data analytics centre in the north 18 November 2024
- Murphy encourages applications to second Assured Skills Academy in Robotics and Automation 15 November 2024
- Department for the Economy announces the appointment of a Non-Executive Board Member 15 November 2024