Northern Ireland Payment Performance: Marginal Improvement as Scores Edge Up 0.4 Points

The Comparison

Here's a snapshot of payment practices in Northern Ireland, comparing 2023 and 2024 based on a study of 66 companies each year:

• 2023: Average payment performance score of 66.8 out of 100, based on data from 66 companies.
• 2024: Average payment performance score of 67.2 out of 100, again based on data from 66 companies.
• Change: An increase of 0.4 points between 2023 and 2024.

What This Means

The data reveals a slight positive shift in payment performance in Northern Ireland, but the improvement of 0.4 points is minimal, suggesting a largely static environment for payment practices. While any progress is welcome, such a small change indicates underlying issues with late payments persist and significant challenges remain. Companies struggling with delayed invoices can use a late payment calculator to understand the potential financial impact.

In 2024, Northern Irish businesses averaged a 67.2/100 payment performance score, only 0.4 points higher than the 66.8/100 average observed in 2023.