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29th Jun 2017

The average annual earnings for full-time employees in Ireland in 2016 has been revealed

Average, not median.

Conor Heneghan

average annual earnings

The figures for annual average earnings were revealed in a CSO report published on Thursday.

The average full-time worker in Ireland earned €45,611 in 2016, a 1.1% increase on the 2015 figure, according to a report published by the Central Statistics Office (CSO) on Thursday.

The report revealed that average annual earnings in Ireland increased by 1.2% to €36,519 in 2016, while the average amount earned by part-time employees was €16,597, an increase of 1.6%.

Total earnings in Ireland rose to €61.2 billion in 2016, while the total cost of employing labour was €70.8 billion, increases of 4% and 4.1% respectively.

The figures quoted in the report represent gross amounts before deductions for PRSI, tax and other levies and represent the average rather than the median amount, thought to be a more accurate reflection of the earnings of the middle class.

In terms of individual sectors, the highest annual average earnings were in the information and communication sector (€55,961) and financial, insurance and real estate (€54,317).

At the lower end of the scale, meanwhile, the lowest annual average earnings were in the accommodation and food services sector, with average annual total earnings of €17,214.

Images via CSO.ie

You can read the report in full here.

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