Based on a UK parliamentary report from 2002, it was estimated that some paramilitary organizations based in Northern Ireland were able to generate as much as eight* million British pounds per year, which was significantly higher than operational costs in the years around the Good Friday Agreement (1998). Funds were primarily generated in local communities through illegal activities, such as robberies, extortion, protection rackets, drugs, and smuggling, among others. Additionally, membership fees were also common, while Catholic paramilitaries often received large donations from overseas, especially the United States.
Estimated annual fundraising capacity of selected paramilitary organizations in Northern Ireland as of 2002
(in British pounds)
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House of Commons. (June 26, 2002). Estimated annual fundraising capacity of selected paramilitary organizations in Northern Ireland as of 2002 (in British pounds) [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1449554/troubles-paramilitary-financing/
House of Commons. "Estimated annual fundraising capacity of selected paramilitary organizations in Northern Ireland as of 2002 (in British pounds)." Chart. June 26, 2002. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1449554/troubles-paramilitary-financing/
House of Commons. (2002). Estimated annual fundraising capacity of selected paramilitary organizations in Northern Ireland as of 2002 (in British pounds). Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1449554/troubles-paramilitary-financing/
House of Commons. "Estimated Annual Fundraising Capacity of Selected Paramilitary Organizations in Northern Ireland as of 2002 (in British Pounds)." Statista, Statista Inc., 26 Jun 2002, https://www.statista.com/statistics/1449554/troubles-paramilitary-financing/
House of Commons, Estimated annual fundraising capacity of selected paramilitary organizations in Northern Ireland as of 2002 (in British pounds) Statista, https://www.statista.com/statistics/1449554/troubles-paramilitary-financing/ (last visited October 02, 2024)
Estimated annual fundraising capacity of selected paramilitary organizations in Northern Ireland as of 2002 (in British pounds) [Graph], House of Commons, June 26, 2002. [Online]. Available: https://www.statista.com/statistics/1449554/troubles-paramilitary-financing/