The bar chart displays the average salary in the Republic of Ireland in 5 different years with an estimated value for 2018. The unit of currency is in United States dollars.
Overall, it can be clearly seen that wages consistently increased in every recorded time period, except 2008, when they decreased slightly. Salaries are expected to increase significantly in the future.
Average earnings in 1968 stood at their lowest recorded levels at just under $8,000 and they then increased a decade later to around $10,000 in 1978. This trend continued in 1988 with the average income climbing to approximately $13,000. 10 years later, in 1998, it further improved to its highest recorded value of about $15,000.
The only notable exception to this expansion in levels of pay was 2008 when wages decreased by around $1,000 from the peak of 1998. However, this trend is not expected to continue in the future with projections of over $20,000 forecast for 2018.