National Statistical

Our headline measure of the size of the economy, Gross Domestic Product, is produced rapidly and relied on widely. So it’s no surprise that when the pandemic hit in 2020 we saw a focus on the rapid fall in output it revealed. But how does our understanding change if we take a wider perspective on the economy and account for the sustainability of economic activity? Here Cliodhna Taylor looks at some wider metrics that we have just published for that period.