The bar graph provided illustrates the average income of people in the Republic of Ireland in five different years, each ten years apart, while making projections for the future. The income levels in Ireland have steadily increased since the year 1968, albeit with mild fluctuations, and has been projected to increase in the future.
The average earning of an individual in Ireland was valued at just under 8,000 US dollars in the year 1968. This number rose to ten thousand dollars over the next decade. Subsequently, the growth of income levels doubled, reaching 13,000 dollars in 1988, returning to the prior growth rate of two thousand dollars per decade immediately after. However, with the 2008, the earning levels of Ireland sank to 14,000 dollars.
Furthermore, the per capita income of the country has been predicted to dramatically rise to almost 20,000 USD by the year 2018. Hence, the general trajectory of average incomes in Ireland has faced consistent growth, excluding a minor setback in the year 2008.