Economy of Northern Ireland
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The economy of Northern Ireland is the smallest of the four constituents of the United Kingdom and the smaller of the two jurisdictions on the island of Ireland. At the time of the Partition of Ireland in 1922, and for a period afterwards, Northern Ireland had a predominantly industrial economy, most notably in shipbuilding, rope manufacture and textiles, but most heavy industry has since been replaced by services.[5][6][7][8][9][10][11] Northern Ireland's economy has strong links to the economies of the Republic of Ireland and Great Britain.
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Quick Facts Currency, Fiscal year ...
Currency | Pound sterling (£) |
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1 April to 31 March[lower-alpha 1] | |
Statistics | |
Population | 1,904,578 (2021)[1] |
GDP | £51.7 billion (2021)[1] |
GDP per capita | £27,154 (2021)[1] |
Labour force | 874,000 / 71.3% in employment (Oct–Dec 2023)[lower-alpha 2][2] |
Labour force by occupation | List
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Unemployment | 23,000 / 2.6% (Oct–Dec 2023)[lower-alpha 4][2] |
Average gross salary | £643.30 per week (2023)[lower-alpha 5][2] |
External | |
Exports | £13.2 billion (2021)[lower-alpha 6][3] |
Export goods | List
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Main export partners | List
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Imports | £11.0 billion (2021)[lower-alpha 6][3] |
Import goods | List
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Main import partners | List
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