AQO 176/07 Oral question to the Minister of Finance and Personnel
To ask the Minister of Finance and Personnel to comment on the public sector share of Northern Ireland's Gross Domestic Product.
Asked by Naomi Long MLA on 12 June 2007
- Answered
- Oral
- Tabled
- 12 June 2007
- Answer due by
- 25 June 2007
- Answered
- 25 June 200713 days after tabling
- Department
- Department of Finance
- Priority question
- No
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.