The graph illustrates the average income in the Republic of Ireland across five distinct years, with an estimated value for 2018. The unit of currency is in United States dollars.
Overall, it can be clearly observed that the salaries consistently increased year by year until marginally decreased in 2008. But it is predicted that there will be a dramatic rise in the upcoming years.
The wages in 1968 was slightly below $8,000 and it increased to $10,000 just after a decade. This trend continued in 1988 with the average income climbing to approximately $13,000. 10 years later, it further improved to record the highest value of about $15,000 in 1998.
The only noticeable exception to this expansion in levels of pays was in 2008 when wages decreased with around $1,000 from the peak of 1998. However, it is predicted that there will be a wide growth in the upcoming years to go beyond and reach more than $20,000 in 2018.