AQO 176/07 Mrs Naomi Long Alliance Party East Belfast
Tabled Date: 12/06/2007 Answered On Date: 25/06/2007 Priority Written: No
Question: To ask the Minister of Finance and Personnel to comment on the public sector share of Northern Ireland's Gross Domestic Product.
Answer:
Public sector spend in the local economy is estimated to be equivalent to 71 per cent of regional GDP in 2005-06 – higher than the UK average of 43 per cent However, it is important to note that the local public sector is not overly large when assessed as a proportion of the local population. It is the relatively small private sector that gives rise to the perception of a highly dominant public sector.
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