Average weekly earnings in Ireland surged 7.5 percent year-on-year to EUR 844.98 in the fourth quarter of 2020, accelerating from a downwardly revised 3.3 percent rise in the previous period. It was the biggest gain since comparable records began in 2009 but it should be noted that there may be a compositional effect due to the significant changes in employment in certain sectors. The change in average weekly earnings may be impacted to some degree by those employments that have left or joined a sector having lower/higher average earnings than those employments that remained in the sector in both quarters. Earnings rose by 8.5 percent across the private sector and by 3.4 percent across the public sector. The largest gains were recorded in the information and communication sector (EUR 1,344.59), followed by the financial, insurance and real estate activities sector (EUR 1,189.59). source: Central Statistics Office Ireland
Wage Growth in Ireland averaged 1.22 percent from 2009 until 2020, reaching an all time high of 7.50 percent in the fourth quarter of 2020 and a record low of -2.90 percent in the first quarter of 2010. This page provides - Ireland Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland Average Weekly Earnings YoY - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Wage Growth in Ireland is expected to be -0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Ireland to stand at 1.70 in 12 months time. In the long-term, the Ireland Average Weekly Earnings YoY is projected to trend around 2.20 percent in 2022, according to our econometric models.