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Please note, that the effect in general depends on the sectors (i.e. business lines and countries) of the portfolio as well as the data used for estimating the sector distributions.
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It estimates the sector represents 5% of the British economy valued at £76.9bn.
Homeland Security Research, an industry analysis firm, estimates the sector will be worth an astounding $107.3bn by 2020.
After all, universities are not ring-fenced and the Institute of Fiscal Studies estimates the sector could face cuts of up to 33%.
It estimates the sector is worth about £12bn but says that could reach £30bn within 15 years as UK and EU initiatives gather pace.
It is estimated the sector has two million customers with loans worth £2bn.
A report for the industry body Oil and Gas UK last year estimated the sector is worth about £35bn to the UK economy.
The data used to estimate the sector distributions are monthly PD values over 10 years, which are estimated via a Merton type model (see Merton (1974)) from marked data (i.e. stock prices and liabilities) for over 20,000 corporations and aggregated on sector level.
It estimates the pharmaceutical sector has spent a minimum of €40m (£29m; $42m) per year lobbying European institutions, and the financial sector €120m a year.
In all, the government estimated, the transportation sector in Egypt has lost $82 million since Sept. 11, mostly at EgyptAir.
Forbes Russia estimates the entire sector, including foreign and Russian law firms, is now taking in around $500 million annually.
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CEO of Professional Science Editing for Scientists @ prosciediting.com